2019 年第三季度报告 公司代码：600897 公司简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2019 年第三季度报告 1 / 22 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2019 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 4,443,896,518.22 4,627,588,345.60 -3.97 归属于上市公司 股东的净资产 3,617,190,232.41 3,600,705,026.89 0.46 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的 现金流量净额 532,938,949.32 572,645,635.17 -6.93 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减 （%） 营业收入 1,3 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 896,942,192.80, representing a 2.48% increase compared to CNY 875,234,858.98 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2019 was CNY 260,169,781.27, which is a 3.62% increase from CNY 251,088,186.18 in the previous year[20]. - Basic earnings per share for the first half of 2019 were CNY 0.8736, a 3.62% increase from CNY 0.8431 in the same period last year[21]. - The company reported an operating income of 897 million RMB, a growth of 2.48% compared to the previous year[37]. - The net profit attributable to the parent company reached 260 million RMB, reflecting a year-on-year increase of 3.62%[37]. - The company reported a total of CNY 15,349,335.06 in investment income, which increased from CNY 10,153,209.01 year-on-year, marking a growth of 51.5%[86]. - The company’s other income for the first half of 2019 was CNY 3,875,788.83, up from CNY 2,923,115.31, reflecting a growth of 32.6%[86]. Cash Flow and Assets - The net cash flow from operating activities was CNY 350,035,576.46, showing a slight decrease of 1.33% compared to CNY 354,748,704.79 in the same period last year[20]. - Cash and cash equivalents as of June 30, 2019, were RMB 326,472,145.05, down from RMB 428,436,762.59 at the end of 2018[78]. - The total assets at the end of the reporting period were CNY 4,380,089,055.95, down 5.35% from CNY 4,627,588,345.60 at the end of the previous year[20]. - Current assets totaled CNY 1,178,737,174.32, down from CNY 1,329,242,986.52, representing a decrease of about 11.36%[79]. - Cash equivalents at the end of the period stood at CNY 285,699,393.86, down from CNY 472,471,752.56[97]. Liabilities and Equity - The total liabilities decreased from CNY 823,149,594.71 to CNY 686,262,411.69, a decline of about 16.63%[80]. - Owner's equity decreased from CNY 3,804,438,750.89 to CNY 3,693,826,644.26, a decline of about 2.92%[80]. - The total equity of the company was CNY 3,184,315,243.73, down from CNY 3,338,657,231.46 in the same period last year, indicating a decrease of 4.6%[86]. - The total owner's equity decreased by CNY 154,341,987.73 due to profit distribution and other adjustments[108]. Operational Highlights - In the first half of 2019, the company achieved a passenger throughput of 13.57 million, an increase of 4.64% year-on-year[35]. - The total number of aircraft takeoffs and landings at the airport was 966,300, a slight increase of 0.48%[35]. - The airport maintained a safety operation record, receiving the "Best Airport Service Award" at the CAPSE 2018 awards[36]. - The airport's cargo and mail throughput was 157,800 tons, a decrease of 7.40% year-on-year[35]. Strategic Plans and Risks - The company plans to enhance its international route network, focusing on developing new international destinations from Xiamen[28]. - The company aims to achieve an average annual growth of 10.4% in passenger transport volume by 2020, targeting 720 million passengers[27]. - The company faces risks from global economic slowdown, trade protectionism, and increased competition from newly built airports affecting market growth[48]. - Opportunities include favorable policies from the "Belt and Road" initiative and enhanced airport pricing autonomy since April 2017, which may support future growth[49]. Shareholder Information - The total number of ordinary shareholders reached 17,107 by the end of the reporting period[69]. - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 202,500,000 shares, accounting for 68.00% of total shares[70]. - Hong Kong Central Clearing Limited increased its holdings by 5,364,968 shares, totaling 7,871,794 shares, representing 2.64%[70]. Governance and Compliance - The company has a governance structure that includes a shareholders' meeting, board of directors, and supervisory board[113]. - The financial statements are prepared based on the assumption of going concern[116]. - The accounting policies followed by the company comply with the requirements of enterprise accounting standards[119]. Environmental Commitment - The company is committed to environmental protection and has completed its carbon emission compliance for 2018[64]. - The company aims to enhance the use of ground electric vehicles and ground power to reduce emissions[64].

2019 年第一季度报告 公司代码：600897 公司简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2019 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 7 | 2019 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 4,610,575,150.33 | 4,627,588,345.60 | | -0.37 | | 归属于上市公司 | 3,719,331,881.84 | 3,600,705,026.89 | | 3.29 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | 160,103,356.96 | 62,229,592.23 | | ...

2018 年年度报告 公司代码：600897 公司简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2018 年年度报告 1 / 157 2018 年年度报告 重要提示 三、 致同会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人汪晓林、主管会计工作负责人张波及会计机构负责人（会计主管人员）陈金珍声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 根据2019年4月24日召开的公司第八届董事会第十二次会议研究，2018年公司利润分配预案建 议为：以2018年12月31日的总股本29,781万股为基数，向全体股东每10股派发现金股利12.80元（ 含税），派发现金股利共计381,196,800.00元。公司2018年不进行资本公积金转增股本。本利润 分配预案须提交公司年度股东大会审议。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承诺，请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定 ...

2018 年第三季度报告 公司代码：600897 公司简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2018 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2018 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | | | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告期末 | | 上年度末 | | 本报告期末比上年 | | | | | | | | | 度末增减(%) | | | | 总资产 | 4,490,233,717.22 | | 4,426,755,928.80 | | | | 1.43 | | 归属于上市公司股东 | 3,477,036,058.46 | | 3,407,018,232.32 | | | | 2.06 | | 的净资产 | | | | | | ...

Financial Performance - The company's operating revenue for the first half of 2018 was approximately ¥875.23 million, representing an increase of 8.03% compared to ¥810.16 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2018 was approximately ¥251.09 million, reflecting a growth of 13.53% from ¥221.17 million in the previous year[18]. - Basic earnings per share for the first half of 2018 were ¥0.8431, up 13.52% from ¥0.7427 in the same period last year[19]. - The weighted average return on equity increased by 0.63 percentage points to 7.21% compared to 6.58% in the previous year[19]. - The company reported operating revenue of 875.23 million RMB, up 8.03% compared to the same period last year[31]. - The net profit attributable to the parent company reached 251 million RMB, reflecting a year-on-year increase of 13.53%[31]. - The company reported a significant increase in other receivables, which rose to ¥33,736,168.02 from ¥28,887,718.33, an increase of about 16.3%[73]. - The company’s operating profit for the current period was ¥283,490,438.80, an increase of 12.8% from ¥251,225,434.59 in the previous period[85]. - The company reported a total comprehensive income of CNY 218,188,485.04 for the period[102]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 44.96%, reaching approximately ¥354.75 million compared to ¥244.72 million in the same period last year[18]. - Cash received from operating activities increased by 1,307.40% to ¥132,926,901.07 from ¥9,444,839.06, primarily due to the recovery of seven-day notice deposits[38]. - Cash paid for operating activities rose by 1,127.62% to ¥222,300,567.26 from ¥18,108,212.07, mainly due to deposits into seven-day notice deposits and other operating expenses[39]. - Cash and cash equivalents increased by 134.68% to ¥498,013,178.75 from ¥212,211,865.32, mainly due to increased cash received from services and reduced payments[41]. - The total cash and cash equivalents at the end of the period amounted to ¥498,013,178.75, compared to ¥357,464,153.24 at the end of the previous period, reflecting a growth of 39.2%[88]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately ¥4.68 billion, an increase of 5.63% from ¥4.43 billion at the end of the previous year[18]. - The company's net assets attributable to shareholders decreased by 1.72%, totaling approximately ¥3.35 billion compared to ¥3.41 billion at the end of the previous year[18]. - Total current assets reached ¥1,267,537,924.21, up from ¥925,474,893.02, reflecting a growth of approximately 37%[73]. - Total liabilities increased to ¥1,097,831,600.28 from ¥801,145,942.32, which is an increase of about 37%[75]. - The company's equity attributable to shareholders decreased to ¥3,348,384,018.50 from ¥3,407,018,232.32, reflecting a decline of approximately 1.7%[75]. Operational Highlights - The company continues to provide ground support services for domestic and international airlines, as well as passenger services, which are critical to its revenue generation[21]. - In the first half of 2018, Xiamen Airport achieved a passenger throughput of 12.97 million, an increase of 6.92% year-on-year[29]. - The total number of aircraft takeoffs and landings at airports nationwide was 5.37 million, representing a growth of 10.1%[25]. - The cargo and mail throughput was 801.7 thousand tons, with a year-on-year growth of 5.2%[25]. - Xiamen Airport's international passenger throughput increased by 14.28%, reaching 1.86 million in the first half of 2018[30]. Strategic Initiatives - The company aims to enhance its hub operation quality and develop new international routes, focusing on Southeast Asia market transit[26]. - The company plans to continue developing its cultural and service quality to enhance customer experience[27]. - The company is focused on enhancing its core competitiveness through investment and management innovation[47]. - The company plans to leverage regional economic reforms and tax incentives to boost market opportunities[47]. - The company has established favorable conditions for international route expansion due to supportive policies from Xiamen city[47]. Risk Factors - The company faces risks from global economic slowdown, geopolitical tensions, and competition from newly built airports affecting growth in the civil aviation market[45]. - The company anticipates challenges due to saturated runway capacity and increased operational pressure, impacting the growth of aviation business[46]. Governance and Compliance - The company has established a corporate governance structure with a shareholders' meeting, board of directors, and supervisory board[106]. - The company is ultimately controlled by Xiamen Xiangye Group Co., Ltd., which is wholly owned by the Xiamen State-owned Assets Supervision and Administration Commission[106]. - The company has not disclosed any significant contracts or guarantees during the reporting period[58]. Environmental and Social Responsibility - The company is committed to environmental protection and has initiated projects such as "oil-to-electric" vehicle conversions and solar power station operations[58].

2018 年第一季度报告 公司代码：600897 公司简称：厦门空港 元翔（厦门）国际航空港股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 8 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 3 / 18 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 4,545,123,667.23 4,426,755,928.80 2.67 归属于上市公司 股东的净资产 3,518,763,704.13 3,407,018,232.32 3.28 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 62,229,592.23 -9,408,721.53 761.40 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 423,774,016.04 387,813,692.54 9.27 归属于上 ...

Financial Performance - The company's operating revenue for 2017 was CNY 1,660,236,184.47, representing a 9.91% increase compared to CNY 1,510,591,030.37 in 2016[20] - The net profit attributable to shareholders for 2017 was CNY 410,804,367.22, which is a 3.08% increase from CNY 398,529,944.16 in 2016[20] - The basic earnings per share for 2017 was CNY 1.3794, reflecting a 3.08% increase from CNY 1.3382 in 2016[21] - The total assets at the end of 2017 amounted to CNY 4,426,755,928.80, a 2.73% increase from CNY 4,309,148,068.91 in 2016[20] - The cash flow from operating activities for 2017 was CNY 568,976,420.78, showing a decrease of 17.47% from CNY 689,436,439.20 in 2016[20] - Operating costs rose to CNY 1,009,627,259.72, an increase of 13.32% compared to the previous year[40] - The gross profit margin for the aviation business decreased by 2.50 percentage points to 23.47%[42] - The company reported a significant increase in prepayments, which rose to CNY 136,522.63 from CNY 206,070.48, a decrease of approximately 33.73%[165] - The company reported a total of CNY 348,359,662.01 in comprehensive income, contributing positively to the equity position[194] Operational Highlights - In 2017, the company achieved a total passenger throughput of 24.4852 million, an increase of 7.69% year-on-year[35] - The company reported a total cargo and mail throughput of 338.7 thousand tons, reflecting a year-on-year growth of 3.12%[35] - The number of flights operated at Xiamen Airport reached 186,400, marking a 1.58% increase compared to the previous year[35] - International passenger traffic increased by 22.3%, with a total of 2.05 million international passengers[35] - The company handled a total of 184,395 flight takeoffs and landings, which is a 1.70% increase year-on-year[38] - The company expanded its network to 170 domestic and international routes, including 143 domestic routes and 27 international routes[38] Risk Management and Future Outlook - The company has outlined potential risks in its future development strategies, which are detailed in the report[7] - The company faces risks from global economic slowdown, geopolitical tensions, and trade protectionism, which may impact performance[70] - The tightening of airspace resources limits the airport's growth potential, leading to a new normal of low growth and saturation[70] - The implementation of new civil aviation pricing policies since April 1, 2017, has increased the company's pricing autonomy and bargaining power[71] - The company aims to enhance its hub operation quality and develop new international routes to improve connectivity[31] - The company is focused on optimizing its resource allocation and improving operational efficiency through lean management practices[33] Shareholder and Governance Information - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 202,500,000 shares, accounting for 68% of total shares[109] - The report indicates no changes in the controlling shareholder during the reporting period[113] - The company has a total of 10 major shareholders, with no related party transactions among them[110] - The company has maintained a consistent board structure with no changes in shareholdings or remuneration for the majority of directors during the reporting period[120] - The total number of common stock shareholders increased from 19,938 to 22,321, representing a growth of approximately 11.9%[107] Environmental and Social Responsibility - The company has committed to a "green airport" initiative, focusing on low-carbon development and environmental protection[102] - The company has implemented energy-saving measures, resulting in an annual energy saving of 64.28 tons of standard coal through the optimization of lighting systems[101] - The company actively participated in social responsibility activities, including environmental protection campaigns and community support initiatives[101] Financial Management and Audit - The company appointed Deloitte Touche Tohmatsu Certified Public Accountants LLP for the audit of the 2017 annual financial statements[82] - The independent auditor issued a standard unqualified opinion on the effectiveness of the company's internal control over financial reporting[149] - The management emphasized the importance of internal controls to ensure the accuracy of financial reporting and compliance with accounting standards[159] Cash Flow and Investment Activities - The net cash flow from operating activities for the year was CNY 465,095,313.25, a decrease of 22.8% compared to CNY 602,450,647.53 in the previous year[184] - Total cash inflow from investment activities was CNY 28,522,640.94, significantly lower than CNY 2,150,940,035.15 in the previous year, indicating a decline of approximately 98.7%[184] - The cash paid for purchasing goods and services was CNY 485,948,693.12, an increase of 14.7% from CNY 423,758,328.56 in the previous year[184] Employee and Management Structure - The total number of employees in the parent company is 2,805, and the total number of employees in major subsidiaries is 490, resulting in a combined total of 3,295 employees[130] - The company has a total of 12 key management personnel listed, indicating a robust management structure[124] - The company has seen a consistent leadership team with most members having over five years of experience in their respective roles[122]

Financial Performance - Operating revenue for the year-to-date period was CNY 1,222,337,847.14, reflecting an increase of 8.24% year-on-year[6] - Net profit attributable to shareholders was CNY 328,242,577.06, a year-on-year increase of 1.23%[6] - Basic and diluted earnings per share were both CNY 1.1022, an increase of 1.23% year-on-year[6] - Year-to-date operating revenue for 2017 was ¥1,222,337,847.14, up 8.2% from ¥1,129,317,335.91 in the same period last year[29] - Year-to-date net profit for 2017 was ¥343,406,082.64, an increase of 1.5% compared to ¥336,902,912.75 in the same period last year[30] - Total operating revenue for Q3 2017 reached ¥412,174,027.71, an increase of 6.5% compared to ¥385,884,877.34 in Q3 2016[29] - Net profit for Q3 2017 was ¥111,491,743.16, a decrease of 4.8% from ¥116,191,539.66 in Q3 2016[30] - Total profit for Q3 2017 was ¥149,038,561.80, compared to ¥154,892,457.24 in Q3 2016[30] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 290,996,177.95, down 29.51% compared to the same period last year[6] - Net cash flow from operating activities for the first nine months was ¥290,996,177.95, down 29.4% from ¥412,819,015.69 in the previous year[36] - Cash inflow from investment activities totaled ¥565,272,082.17, a significant decrease of 70.7% compared to ¥1,926,450,925.72 in the same period last year[37] - Net cash flow from investment activities was -¥172,631,082.43, improving from -¥880,497,691.09 year-over-year[37] - Cash and cash equivalents at the end of the period stood at ¥35,382,861.37, down from ¥196,323,410.52 at the end of the previous year[37] - The parent company's net cash flow from operating activities was ¥212,980,260.72, a decrease of 38.4% from ¥346,387,328.44 in the previous year[40] - The company received ¥110,000,000.00 from financing activities, compared to no inflow in the same period last year[37] - Cash flow from financing activities totaled $401,291,413.14, compared to $113,167,800.00 in the previous period, indicating a significant increase[41] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,369,501,935.92, an increase of 1.40% compared to the end of the previous year[6] - Total liabilities rose to CNY 828,270,971.20 compared to CNY 808,565,198.79, reflecting an increase of around 2.0%[23] - Owner's equity increased to CNY 3,541,230,964.72 from CNY 3,500,582,870.12, showing a growth of about 1.2%[23] - Current liabilities decreased to CNY 792,790,144.93 from CNY 807,916,511.39, a reduction of approximately 1.6%[22] - Total current assets slightly increased to CNY 1,261,691,386.05 from CNY 1,260,093,820.61, a marginal growth of 0.1%[26] - Total liabilities and owner's equity reached CNY 4,369,501,935.92, consistent with total assets, indicating balanced financials[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,726[9] - Xiamen Xiangye Group Co., Ltd. held 68.00% of the shares, making it the largest shareholder[9] Other Financial Metrics - The weighted average return on equity decreased by 0.51 percentage points to 9.86%[6] - The company's tax and additional fees rose to ¥30,455,833.99, a 102.87% increase from ¥15,012,400.25 in the same period last year[14] - Financial expenses increased to ¥62,296.53, compared to a negative expense of -¥1,769,255.85 in the previous year, marking a 103.52% change[14] - Investment income decreased by 31.67% to ¥10,695,666.87 from ¥15,652,612.56 year-over-year[14] - The company reported a net loss from non-current asset disposal of CNY 580,446.65 for the year-to-date period[7] - Cash paid for purchasing goods and services increased by 66.92% to ¥389,733,697.31 from ¥233,489,496.11 in the previous year[16] - Cash received from investment decreased significantly by 72.25% to ¥530,000,000.00 from ¥1,910,000,000.00 year-over-year[16] - Cash paid for investments dropped by 79.16% to ¥570,000,000.00 from ¥2,735,000,000.00 in the previous year[17] - The company reported an increase in cash dividends paid, which rose by 134.14% to ¥301,291,413.14 from ¥128,681,041.68[17]

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 810,163,819.43, representing an increase of 8.98% compared to CNY 743,432,458.57 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2017 was CNY 221,170,346.64, a 3.73% increase from CNY 213,220,681.42 in the previous year[18]. - Basic earnings per share for the first half of 2017 were CNY 0.7427, up 3.73% from CNY 0.7160 in the same period last year[19]. - The weighted average return on equity decreased by 0.29 percentage points to 6.58% compared to 6.87% in the previous year[19]. - The company reported operating revenue of RMB 810.16 million, representing an 8.98% growth compared to the previous year[35]. - The net profit attributable to the parent company was RMB 221.17 million, reflecting a year-on-year increase of 3.73%[28]. - The total profit amounted to ¥311,000,823.95, up from ¥295,694,886.68, representing an increase of about 5.4% year-over-year[89]. - The company reported a net increase in cash and cash equivalents of CNY 148,535,128.82, contrasting with a decrease of CNY 633,019,970.84 in the previous period[96]. Cash Flow and Investments - The net cash flow from operating activities decreased by 22.74%, amounting to CNY 244,723,292.68, down from CNY 316,772,740.93 in the same period last year[18]. - Cash received from operating activities decreased by 50.98% to ¥9,444,839.06 compared to ¥19,267,643.90 in the same period last year[37]. - Cash paid for purchasing goods and services increased by 53.20% to ¥232,434,579.94, driven by higher maintenance costs and increased operational expenditures[37]. - Cash outflow from investment activities was CNY 282,033,506.31, significantly higher than CNY 1,098,208,877.52 in the previous period, indicating a reduction in investment spending[95]. - Net cash flow from investment activities was -CNY 96,188,163.86, an improvement compared to -CNY 821,111,670.09 in the prior year[95]. - Cash and cash equivalents increased by 71.09% to ¥357,464,153.24, reflecting an increase in funds reserved for dividends[40]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,518,020,046.38, reflecting a 4.85% increase from CNY 4,309,148,068.91 at the end of the previous year[18]. - The net assets attributable to shareholders decreased by 2.41%, totaling CNY 3,219,466,503.37 compared to CNY 3,299,084,256.73 at the end of the previous year[18]. - Current liabilities rose significantly to CNY 1,077,999,379.36 from CNY 807,916,511.39, an increase of about 33.4%[80]. - Total liabilities increased to CNY 1,086,310,936.78 from CNY 808,565,198.79, reflecting a growth of approximately 34.3%[80]. - The total current assets as of June 30, 2017, amounted to RMB 1,034,316,298.34, an increase from RMB 799,944,129.54 at the beginning of the period, reflecting a growth of approximately 29.3%[79]. Operational Highlights - In the first half of 2017, the company achieved a passenger throughput of 12.13 million, an increase of 9.57% year-on-year, ranking 11th nationwide[28]. - The cargo and mail throughput reached 168,700 tons, marking a 7.16% increase compared to the same period last year[28]. - The company maintained a zero accident rate for flight operations and ground services during the reporting period[28]. - The company completed runway renovations in preparation for the "Xiamen Summit," enhancing operational conditions[26]. - The company plans to enhance international route accessibility, leveraging its extensive domestic route network[24]. Shareholder and Governance - The company’s profit distribution plan for 2016 included a cash dividend of CNY 10.10 per 10 shares, totaling CNY 300,788,100.00, which was approved by the shareholders' meeting[5]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[48]. - The top ten shareholders include Xiamen Xiangye Group Co., Ltd., holding 202,500,000 shares, which is the largest shareholder[70]. - There were significant changes in the board of directors, with multiple appointments and resignations, including the election of a new chairman[73]. Risks and Challenges - The company faces risks from global political and economic uncertainties, high-speed rail competition, and saturation of single-runway operations at Xiamen Airport[44]. - The management emphasizes the importance of risk control and the identification of new opportunities amidst challenges[45]. Accounting Policies and Practices - The financial statements are prepared based on the accrual basis of accounting and historical cost measurement, with impairment provisions made as necessary[116]. - The company recognizes revenue from its main aviation business, cargo services, ground services, and parking services when the services have been provided and the economic benefits are likely to flow into the company[188]. - Government grants are classified into asset-related and income-related grants, with asset-related grants reducing the carrying amount of the related asset or recognized as deferred income[190]. - The company has made changes to its accounting policies regarding government grants, leading to an increase in other income by CNY 337,129.98 and a corresponding decrease in non-operating income[199].