今天我们非常荣幸的请到南方航空的同文经理毛总和我们一起交流南航近期的一个经营情况,然后也非常感谢毛总在百忙之中抽出时间来跟我们进行一个交流。那南航的话是我博德三大航空公司之一,然后今年一季度的话也是实现了规模的一个经历认识7.56亿。 那么也是成功地实现了一个单季度的扭亏为盈,这样的一个业绩表现呢也是远远好于兄弟公司,我们也觉得非常亮眼,然后也祝贺公司在这样一个比较不容易的这样一个环境下取得这样非常亮眼的成绩。那接下来的时间的话,我们就先交给毛总。 然后请毛总为我们介绍一下公司一系统包括五一的相关的一些情况然后大家可能对这个都比较关注然后后续的时间的话我们再进行一个提问好的毛总如果您这边ok的话就可以开始了首先欢迎大家参加南航的这个现场交流会 那么在会议开始之初我先跟大家介绍一下南航今年一到三月份也就是第一季度的整个经营的情况今年第一季度呢是段随疫情防控转换后的第一个常态化的春日而且今年的春日又是史上最长的春节假期那么民众探亲旅行的意愿相对是比较高的所以民航我们日清客运量是创了历史新高 但同时呢因为民众的消费信心不足能力不强包括高铁冲击的影响所以民航市场后劲不足大家也看到就是三月份来看的话整个市场是偏淡的同时 ...

一、 股东大会有关情况 1. 股东大会的类型和届次： 中国南方航空股份有限公司（以下简称"本公司""公司"）2023 年年度股东大 会 2. 股东大会召开日期：2024 年 5 月 24 日 3. 股权登记日 中国南方航空股份有限公司 关于 2023 年年度股东大会增加临时提案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：600029 证券简称：南方航空 公告编号：2024-026 2. 提案程序说明 公司已于 2024 年 4 月 9 日公告了公司 2023 年年度股东大会召开通知，单独 | 股份类别 | 股票代码 | 股票简称 | 股权登记日 | | --- | --- | --- | --- | | Ａ股 | 600029 | 南方航空 | 2024/4/24 | 二、 增加临时提案的情况说明 1. 提案人：中国南方航空集团有限公司 或者合计持有 66.52%股份的股东中国南方航空集团有限公司，在 2024 年 5 月 7 日提出临时提案并书面提交股东大会召集人。股东大会召集人按照《上市公司股 东大会 ...

中国南方航空股份有限公司 CHINA SOUTHERN AIRLINES CO., LTD. 2023 年年度股东大会 会议资料 2024 年 5 月 8 日 2023 年年度股东大会 | 一、会议须知··········································3 | | --- | | 二、会议议程··········································5 | | 三、会议议案··········································7 | | 四、附件·············································22 | 2023 年年度股东大会 中国南方航空股份有限公司 2023 年年度股东大会会议须知 尊敬的各位股东及股东代表： 1 3 2023 年年度股东大会 法权益，不得扰乱大会的正常秩序。 五、每位股东每次发言请控制在三分钟之内，发言主题应与 本次年度股东大会表决事项相关。 六、根据本公司《公司章程》，年度股东大会议案表决以现 场投票表决与网络投票表决相结合的方式进行。 为确保中国南方航空股 ...

致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2024年4月30日 狀態: 新提交 公司名稱: 中國南方航空股份有限公司 呈交日期: 2024年5月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 | 01055 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 4,643,997,308 | RMB | | 1 RMB | | 4,643,997,308 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 4,643,997,308 | RMB | | 1 RMB | | 4,643,997,308 | | 2. 股份分類 | 普通股 | 股份類別 | A | | ...

Q1扭亏为盈，盈利预期向好 南方航空（600029.SH）/航空 证券研究报告/公司点评 2024年4月30日 [Table_Industry] [评Ta级ble：_T买itle入] （维持） [公Ta司ble盈_F利in预anc测e1及] 估值 市场价格：5.67元 指标 2022A 2023A 2024E 2025E 2026E 营业收入（百万元） 87,059 159,929 195,145 218,372 228,143 分析师：杜冲 增长率yoy% -14% 84% 22% 12% 4% 执业证书编号：S0740522040001 净利润（百万元） -32,682 -4,209 6,093 14,609 16,075 电话： 增长率yoy% -170% 87% 245% 140% 10% 每股收益（元） -1.80 -0.23 0.34 0.81 0.89 Email：duchong@zts.com.cn 每股现金流量 0.19 2.21 1.43 2.09 1.66 联系人：李鼎莹 净资产收益率 -59% -8% 10% 19% 17% 电话： P/E -3.1 -24.4 16.9 7.0 6. ...

Financial Performance - The company's operating revenue for Q1 2024 reached RMB 44,601 million, representing a year-on-year increase of 30.97%[4] - The net profit attributable to shareholders was RMB 756 million, with a significant recovery in the passenger transport market contributing to reduced losses and increased profits[4][7] - The basic and diluted earnings per share were both RMB 0.04, indicating a recovery in the passenger transport market[5][7] - Net profit for Q1 2024 was RMB 1,256 million, compared to a net loss of RMB 1,724 million in Q1 2023[20] - In Q1 2024, the total comprehensive income attributable to the parent company was CNY 756 million, a decrease from CNY -1,898 million in Q1 2023[21] - The company reported a total comprehensive income of CNY 1,256 million in Q1 2024, compared to CNY -1,724 million in Q1 2023[21] Cash Flow - The net cash flow from operating activities was RMB 9,777 million, reflecting an increase of 11.00% compared to the same period last year[4] - Cash inflows from operating activities totaled CNY 49,919 million in Q1 2024, up from CNY 38,946 million in Q1 2023, representing an increase of 28.3%[22] - Cash outflows from operating activities were CNY 40,142 million in Q1 2024, compared to CNY 30,138 million in Q1 2023, an increase of 33.3%[23] - The net cash flow from financing activities was CNY -5,971 million in Q1 2024, compared to CNY -8,176 million in Q1 2023, indicating an improvement[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 313,729 million, up 1.46% from the end of the previous year[5] - Current liabilities rose to RMB 133,767 million, an increase from RMB 129,436 million in the previous year[17] - The company’s total non-current liabilities decreased slightly to RMB 126,709 million from RMB 127,793 million year-over-year[17] - Total operating costs for Q1 2024 were RMB 44,147 million, up from RMB 36,569 million in Q1 2023, reflecting a 21% increase[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 170,953[8] - The largest shareholder, China Southern Airlines Group Co., Ltd., held 51.90% of the shares, indicating strong state ownership[8] - The top shareholder, China Southern Airlines Group, holds 51.90% of the shares, while the second-largest shareholder, Nanjing Long Holdings, holds 14.41%[11] - The company reported a total of 9,404,468,936 shares outstanding, with no shares currently being lent out under the stock borrowing program[11] Financial Health and Investments - The weighted average return on equity increased by 5.21 percentage points to 2.03%[5][7] - The company reported a significant increase in long-term equity investments, totaling RMB 6,848 million, up from RMB 6,718 million year-over-year[16] - The company has provided guarantees totaling USD 54.39 million across various SPV companies, with the largest guarantee being USD 5.88 million[13][14] - The company is actively monitoring its financial health and has made strategic adjustments to its guarantee limits in response to market conditions[14] Inventory and Receivables - Accounts receivable increased to RMB 4,406 million from RMB 3,322 million, reflecting a significant rise of about 32.6%[15] - Inventory levels rose to RMB 1,798 million, compared to RMB 1,565 million, indicating an increase of approximately 14.9%[15]

Financial Performance - Operating revenue for Q1 2024 reached RMB 44,601 million, an increase of 30.97% compared to the same period last year[4]. - Net profit attributable to shareholders was RMB 756 million, with a significant recovery in passenger revenue due to the improving air travel market[4][7]. - The net profit for Q1 2024 was RMB 1,256 million, a significant recovery from a net loss of RMB 1,724 million in Q1 2023[22]. - The operating profit for Q1 2024 was RMB 1,519 million, compared to an operating loss of RMB 1,467 million in the same quarter last year[20]. - The revenue for Q1 2024 reached RMB 44,601 million, up from RMB 34,055 million in Q1 2023, marking a growth of 31%[19]. - The earnings per share for Q1 2024 was RMB 0.04, recovering from a loss of RMB 0.10 per share in Q1 2023[22]. Cash Flow and Liquidity - Net cash flow from operating activities amounted to RMB 9,777 million, reflecting an 11.00% increase year-on-year[4]. - In Q1 2024, cash inflow from operating activities was RMB 49,919 million, up from RMB 38,946 million in Q1 2023, representing a 28.5% increase[23]. - The cash inflow from investment activities was RMB 327 million in Q1 2024, down from RMB 987 million in Q1 2023, indicating a decrease of 66.9%[24]. - The ending cash and cash equivalents balance for Q1 2024 was RMB 9,692 million, down from RMB 18,948 million in Q1 2023[25]. - The company received RMB 1,529 million in other cash related to operating activities in Q1 2024, compared to RMB 856 million in Q1 2023, marking an increase of 78.5%[23]. - The company paid RMB 1,088 million in taxes in Q1 2024, an increase from RMB 737 million in Q1 2023, representing a 47.5% rise[24]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 313,729 million, up 1.46% from the end of the previous year[4]. - The total assets increased to RMB 313,729 million as of March 31, 2024, up from RMB 309,226 million on December 31, 2023, representing a growth of 1.62%[18]. - The total liabilities rose to RMB 260,476 million as of March 31, 2024, compared to RMB 257,229 million at the end of 2023, indicating an increase of 0.87%[17]. - Accounts receivable rose to RMB 4,406 million, up from RMB 3,322 million, indicating an increase of about 32.6%[14]. - The company’s inventory increased to RMB 1,798 million from RMB 1,565 million, marking a rise of approximately 14.9%[15]. - The company’s total non-current assets include fixed assets valued at RMB 93,271 million, slightly up from RMB 93,076 million[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 170,953[8]. - The largest shareholder, China Southern Airlines Group Co., Ltd., holds 51.90% of the shares[8]. - The company reported a total of 2,648,836,036 shares held by related shareholders through subsidiaries, indicating significant ownership concentration[9]. Future Outlook - The company is focusing on expanding its passenger services as the market continues to recover[7]. - Future outlook remains positive with expectations of continued growth in passenger revenue[7]. Investment and Guarantees - The company provided guarantees totaling USD 54.39 million for 43 SPVs, equivalent to approximately RMB 385.90 million based on the exchange rate of 7.0950[12]. - The company has established SPVs with guaranteed amounts, including USD 5.88 million for SPV 9 and USD 5.17 million for SPV 10, among others[10]. - Long-term equity investments increased to RMB 6,848 million from RMB 6,718 million, showing a growth of about 1.9%[15]. Other Financial Metrics - The weighted average return on equity increased by 5.21 percentage points to 2.03%[4][7]. - The company reported non-recurring gains and losses totaling RMB 210 million for the period[5].

H 股證券代碼 : 1055 • A 股證券代碼 : 600029 讓 更 多 人 樂 享 美 好 飛 行 2 0 2 3 年 度 報 告 關於我們 經營業績 企業管治 財務報告 目錄 關於我們 經營業績 8 主要會計資料和財務指標 16 全年大事記 20 管理層討論與分析 企業管治 120 重要事項 127 風險管理及內部控制 財務報告 按照國際財務報告準則編製之財務報表 131 獨立核數師報告 135 合併利潤表 136 合併綜合收益表 137 合併財務狀況表 139 合併權益變動表 140 合併現金流量表 141 財務報表附註 240 財務補充資料 244 五年財務摘要 2 釋義 4 公司簡介 5 公司資料 52 董事會報告 71 股份變動、股東情況及權益披露 78 董事、監事、高級管理人員和員工情況 93 公司治理報告 108 環境與社會責任 釋義 在本報告中，除非文義另有所指，下列詞語具有如下含義： | 本公司、公司、南航、南方航空 | 中國南方航空股份有限公司 | | --- | --- | | 本集團 | 中國南方航空股份有限公司及控股子公司 | | 南航集團 | 中國南方航空集團有限公司 | ...

Fleet and Operations - China Southern Airlines operates a fleet of 908 aircraft, including Boeing 787, 777, 737 series, and Airbus A350, 330, 320 series[6]. - The company has 20 subsidiaries and 7 holding airline subsidiaries, with 52 overseas offices globally[6]. - The fleet size reached 908 aircraft, with 37 new deliveries and 23 retirements during the reporting period[17]. - The average age of the fleet is 9.2 years, with an overall load factor of 66.4%[69]. - The company achieved a total flight time of 2.842 million hours and transported 142 million passengers in 2023, marking a significant operational recovery[26]. Financial Performance - The company's operating revenue for 2023 reached RMB 159,929 million, an increase of 83.70% compared to RMB 87,059 million in 2022[10]. - The net loss attributable to equity holders of the company was RMB (4,140) million, a significant improvement of 87.34% from RMB (32,699) million in the previous year[10]. - Operating expenses rose by 37.99% to RMB 159,052 million in 2023, compared to RMB 115,262 million in 2022[46]. - The company achieved operating profit of RMB 5,557 million in 2023, a turnaround from an operating loss of RMB 22,542 million in 2022[46]. - Passenger revenue reached RMB 136,170 million in 2023, a 126.89% increase from RMB 60,017 million in 2022[47]. Market Presence and Strategy - The company aims to enhance its strategic market presence and develop a hub-centric network structure[6]. - In 2023, the company focused on deepening its presence in the Guangdong-Hong Kong-Macao Greater Bay Area and optimizing its Beijing hub operations[6]. - The company plans to continue expanding its market presence and enhancing its operational efficiency through new strategies and technologies[12]. - The company plans to expand its international route network, having launched a new direct flight from Beijing Daxing to Istanbul[19]. - The company aims to enhance its brand service with the launch of the upgraded "Southern Airlines Express" service[20]. Safety and Awards - The company received the highest safety award in civil aviation in China, the "Diamond Three-Star Award for Flight Safety," in January 2024[6]. - The group achieved a total of 2.842 million safe flight hours during the reporting period, maintaining a leading safety level in the industry[27]. - The group has maintained a stable quality of operations and improved brand image, winning the "Best Airline Award" for six consecutive years[114]. Customer and Passenger Metrics - The number of passengers carried increased to 142,201.09 thousand, representing a growth of 127.02% from 62,637.12 thousand in 2022[13]. - The average passenger load factor improved to 78.09%, up by 11.74 percentage points from 66.35% in 2022[14]. - Passenger traffic during the summer season exceeded 26 million, surpassing pre-pandemic levels from 2019[19]. - Customer and frequent flyer numbers reached 29,000 and 99.06 million respectively, with cargo and mail transport volume increasing by 19.47% year-on-year[28]. Cargo and Mail Operations - The cargo volume transported increased by 19.47% to 1,584.92 thousand tons compared to 1,326.66 thousand tons in 2022[13]. - Cargo and mail revenue decreased by 26.86% to RMB 15,275 million in 2023, down from RMB 20,884 million in 2022[47]. - The average revenue per available ton kilometer decreased by 33.57% to RMB 1.88, indicating challenges in the cargo segment[15]. Digital Transformation and Innovation - The group is advancing digital transformation with a new IT architecture, promoting automated flight scheduling[30]. - The company has established a digital operation and management model focusing on five key business areas, enhancing operational efficiency and service quality[44]. - The group added 115 new national authorized patents during the reporting period, enhancing its technological innovation capabilities[31]. Future Outlook and Plans - The company aims to establish a world-class airline by 2025, focusing on core air transport operations and collaborative development with pillar industries[42]. - The company plans to deliver a total of 82 aircraft in 2024, with a projected fleet size of 948 by year-end[94]. - The company plans to enhance market competitiveness by improving customer engagement and expanding product offerings, while also transitioning to a full-value chain logistics service provider[90]. - The company anticipates global economic growth of 3.1% in 2024, with a resilient and vibrant Chinese economy supporting its strategic objectives[88]. Share Issuance and Capital Structure - The company plans to issue up to 5,436,269,319 new A-shares, raising a total of up to RMB 17,500 million for purchasing new aircraft and supplementing working capital[153]. - The company will also issue up to 855,028,969 new H-shares, raising up to HKD 2,900 million for general operating funds[153]. - The total number of shares as of December 31, 2023, is 18,120,906,806, with 803,571,428 shares subject to limited sale conditions, representing 4.43% of total shares[163]. - The company has received necessary approvals for the issuance of A-shares and H-shares from relevant authorities[157]. Employee Metrics - As of December 31, 2023, the total number of employees in the group is 99,468, an increase of 1,569 from 97,899 on December 31, 2022, representing a growth of approximately 1.6%[198]. - The breakdown of employees by category includes 11,590 pilots, 40,314 service staff, 6,809 management, 1,414 operations, 12,080 technical staff, 1,640 information technology, 4,620 marketing, 14,853 comprehensive roles, and 6,148 functional roles, totaling 99,468 employees[200].

证券代码：600029 证券简称：南方航空 公告编号：临 2024-016 中国南方航空股份有限公司 关于召开 2024 年第一季度业绩说明会的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完 整性承担法律责任。 重要内容提示： ● 会议召开时间：2024 年 4 月 30 日（星期二）16:00-17:00 ● 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 ● 投资者可于 2024 年 4 月 24 日（星期三）至 4 月 29 日（星 期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏 目或通过公司邮箱 ir@csair.com 进行提问，邮件标题请注明"600029 业绩说明会"，公司将在说明会上对投资者普遍关注的问题进行回 答。 1 30 日发布公司 2024 年第一季度报告，为了便于广大投资者全面深 入地了解公司 2024 年第一季度经营成果与财务状况，公司将于 2024 年 4 月 30 日 16:00-17: ...