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本文列举了国家及地方政府对高速公路收费政策调整的部分法律、法规及文件有关章节,分析了由于收费政策调整高速公路建设和收费出现的变化:建设成本增高、收费标准下调、单车次收费额下降。统计了由于收费标准下调、对运送鲜活农产品的“绿色通道”车辆免费、重大节假日对7座及以下小型客车免费等免收通行费的金额,分析了这些免费金额占路费收入的比例及影响。随机抽取了在上海证交所或深圳证交所上市的部分高速公路公司的年度报告,摘录了这些高速公路公司年度报告的部分数据。通过这些数据,分析了国家和地方政府收费政策调整后对高速公路公司经营的影响:财务费用增大、资产负债率增高、净资产收益率降低,有些高速公路公司净资产收益率只略高于银行存款利率甚至远低于银行存款利率,这些都应该引起国家和地方政府的高度警觉和重视。
This article lists the relevant sections of laws, regulations and documents about the adjustment of toll collection policy by the state and local governments. It analyzes the changes in the construction and toll collection of expressways due to the toll collection policy: the higher the construction cost, the lower the charging standard, decline. Statistics on the toll revenue ratio as a result of the reduction of fees, the free “Green Passage” vehicles carrying fresh agricultural products and the free toll-free tolls for small buses of 7 seats or less on major holidays And influence. We randomly selected the annual reports of some expressway companies listed on the Shanghai Stock Exchange or the Shenzhen Stock Exchange, and extracted some of the data of the annual reports of these expressway companies. Through these data, we analyzed the impact of national and local government fees and charges policies on the operation of expressway companies: higher financial costs, higher debt-to-asset ratio, lower ROE, and some expressway companies’ ROE only marginally exceeded Even bank deposit interest rates are much lower than bank deposit rates, which should arouse the vigilance and attention of national and local governments.