Core Viewpoint - Shenzhen Airport reported strong financial performance for the first half of 2025, with significant increases in revenue and net profit compared to the previous year [1] Financial Performance - Total revenue reached 2.528 billion yuan, a year-on-year increase of 12.32% [1] - Net profit attributable to shareholders was 312 million yuan, up 79.13% year-on-year [1] - In Q2 2025, total revenue was 1.273 billion yuan, reflecting a 13.45% increase year-on-year [1] - Q2 net profit attributable to shareholders was 149 million yuan, an increase of 87.35% year-on-year [1] - Gross margin improved to 24.16%, a year-on-year increase of 21.73% [1] - Net margin rose to 12.35%, up 59.56% year-on-year [1] Cost Management - Total selling, administrative, and financial expenses amounted to 237 million yuan, accounting for 9.39% of revenue, a decrease of 18.74% year-on-year [1] - The company reported a significant improvement in operational efficiency, as indicated by the reduction in expense ratios [1] Asset and Liability Management - Cash and cash equivalents increased to 2.782 billion yuan, a 50.18% rise year-on-year [1] - Interest-bearing liabilities decreased to 3.877 billion yuan, down 7.45% year-on-year [1] Earnings and Cash Flow - Earnings per share (EPS) increased to 0.15 yuan, a rise of 79.06% year-on-year [1] - Operating cash flow per share was 0.54 yuan, reflecting a 5.71% increase year-on-year [1] - Net asset value per share was reported at 5.57 yuan, up 3.01% year-on-year [1] Operational Insights - The company’s return on invested capital (ROIC) was 3.61%, indicating a relatively weak capital return [3] - The company has faced challenges in the past, with a median ROIC of 4.13% over the last decade and two years of losses since its listing [3] Market and Competitive Environment - The opening of the Shenzhen-Zhongshan Channel has significantly improved transportation convenience, leading to increased passenger traffic at the airport [5] - The company is actively managing flight operations to enhance on-time performance, contributing to the growth in passenger numbers [5] - The company is monitoring the performance of its investment in Chengdu Shuangliu Airport, which has faced challenges but is expected to improve operational efficiency [6]

Group 1: Company Updates - Yingstone Innovation announced the public testing of its panoramic drone brand "Yingling Antigravity," with plans for official release in January 2026. The product has not generated actual revenue and is not expected to significantly impact the 2025 financial performance [1] - Vanke A's subsidiary Dongguan Wanwei Supply Chain Co., Ltd. applied for a loan of 95.5 million yuan from Dongguan Rural Commercial Bank, with a 15-year term. The subsidiary Shanghai Wanwei Yueguan Supply Chain Co., Ltd. provided a 100% equity pledge as collateral, bringing the total external guarantees to 85.476 billion yuan, which is 42.18% of the company's audited net assets as of the end of 2024 [1] Group 2: Industry Insights - Shenzhen Airport reported a 14% year-on-year increase in international and regional passenger volume in July, reaching 537,000 passengers. The airport has expanded its international routes, supporting high-level openness [3] - The airport has introduced 12 new and enhanced international routes, significantly boosting the international passenger market. Notable airlines like Emirates have been added to improve travel quality [3] - The expansion of the "visa-free" route network has facilitated travel for local residents and foreign visitors, with over 340,000 passengers transported on 29 "visa-free international routes" in the first month of the summer travel season, marking an increase of over 11% [4]

Core Viewpoint - The successful completion of flight calibration for the new air traffic control equipment at Shenzhen Airport's third runway marks a significant milestone, laying a solid foundation for the runway's trial operations [1] Group 1: Flight Calibration Overview - The flight calibration for Shenzhen's third runway took place from July 14 to August 15, involving 21 flight sessions and nearly 50 hours of flying time [1] - A total of over 50 calibration subjects were completed, with the furthest test coverage radius reaching 370 kilometers and the highest altitude at 8400 meters [3] - The calibration included multiple air traffic control systems, such as the instrument landing system, secondary radar system, and automation systems, with the most challenging being the IIIA standard instrument landing system [3] Group 2: Weather Challenges and Adaptations - The calibration period coincided with extreme weather conditions, including two typhoons and significant rainfall totaling 423.3 millimeters over 17 days [5] - Shenzhen's air traffic control station utilized detailed weather forecasts and adjusted flight subjects flexibly to mitigate weather impacts, allowing for efficient completion of multiple calibration tasks in a single flight [5] Group 3: Operational Efficiency and Coordination - The increase in flight volume during the summer peak necessitated careful coordination to ensure normal flight operations while conducting calibrations [7] - The air traffic control station implemented strategies to balance runway loads and minimize disruptions, achieving a high on-time performance rate of 90.5% for early morning flights [7] - From July 14 to August 14, Shenzhen Airport handled 38,434 flights, averaging 1,201 flights per day, demonstrating effective operational management during the calibration period [7]

Core Viewpoint - Shenzhen Airport (000089.SZ) reported a significant increase in both revenue and net profit for the first half of 2025, indicating strong operational performance and growth potential [1] Financial Performance - The company achieved an operating revenue of 2.528 billion yuan, representing a year-on-year growth of 12.32% [1] - The net profit attributable to shareholders reached 312 million yuan, showing a substantial year-on-year increase of 79.13% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 261 million yuan, reflecting a remarkable year-on-year growth of 114.19% [1] - Basic earnings per share were reported at 0.1522 yuan [1]

报告期内，深圳机场完成航班起降22.1万架次，旅客吞吐量3257.0万人次，货邮吞吐量98.3万吨，全国 排名分别为第三、第四、第三，同比分别增长7.2%、10.9%、14.1%；其中国内旅客量增速9.2%，在前 十大机场中排名第一，国际及地区旅客量305.4万人次。航班起降架次、旅客吞吐量及货邮吞吐量均创 下开航以来同期新高。 人民财讯8月15日电，深圳机场(000089)8月15日晚间披露2025年半年报，公司上半年实现营收25.28亿 元，同比增长12.32%；归属于上市公司股东的净利润为3.12亿元，同比增长79.13%。 转自：证券时报 ...

证券代码：000089 证券简称：深圳机场 公告编号：2025-034 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈 述或重大遗漏。 深圳市机场股份有限公司第八届监事会第十六次会议通知提前十天书面送达各 位监事，会议于 2025 年 8 月 14 日 16:30 在深圳宝安国际机场 T3 商务办公楼 A 座 802 会议室召开。会议应到监事 3 人，实到 2 人，监事潘明华、李洁亲自出席了本次会 议（监事会主席叶文华因公请假未能出席本次会议，特委托监事潘明华代为出席并 就本次会议的议题行使表决权）。会议的召开符合相关法律法规及规章和《公司章程》 的规定。会议由监事潘明华主持，审议并表决通过如下议案： 一、公司 2025 年半年度报告及摘要； 经审议，监事会认为：公司 2025 年半年度报告及摘要内容真实、准确、完整， 不存在任何虚假记载、误导性陈述或重大遗漏。 本项议案以 3 票同意，0 票反对，0 票弃权获得通过。 深圳市机场股份有限公司 第八届监事会第十六次会议决议公告 二、关于使用闲置自有资金购买银行理财产品的议案。 经审议，监事会认为：在符合国家法律法规及保障投资资 ...

（文章来源：每日经济新闻） 深圳机场（SZ 000089，收盘价：7.2元）8月15日晚间发布半年度业绩报告称，2025年上半年营业收入 约25.28亿元，同比增加12.32%；归属于上市公司股东的净利润约3.12亿元，同比增加79.13%；基本每 股收益0.1522元，同比增加79.06%。 ...

深圳机场（SZ 000089，收盘价：7.2元）8月15日晚间发布公告称，公司第八届第十六次董事会会议于 2025年8月14日在深圳宝安国际机场T3商务办公楼A座802会议室召开。会议审议了《关于审议2024年 度、任期高管考核结果及应用的议案》等文件。 2024年1至12月份，深圳机场的营业收入构成为：航空性收入占比44.22%，租赁及特许经营收入占比 20.33%，地面服务收入占比16.23%，航空物流收入占比8.67%，航空广告收入占比8.23%。 （文章来源：每日经济新闻） ...

Core Insights - Shenzhen Airport reported a total of 221,000 flight takeoffs and landings in the first half of the year, with a passenger throughput of 32.57 million and cargo mail throughput of 983,000 tons, ranking third, fourth, and third nationally respectively, with year-on-year growth of 7.2%, 10.9%, and 14.1% [1] - Domestic passenger volume increased by 9.2%, ranking first among the top ten airports, while international and regional passenger volume reached 3.054 million [1] - The first half of the year saw the company achieve operating revenue of 2.53 billion yuan, a year-on-year increase of 12.3%, and a total profit of 400 million yuan, up 85.0%, with net profit attributable to the parent company reaching 310 million yuan, an increase of 79.1% [1]

深圳市机场股份有限公司 2025 年半年度投资者保护工作情况报告 深圳市机场股份有限公司（以下简称"公司"）自上市以来, 始终高度重视投资者保护工作。2025 年上半年，公司通过开展现 金分红、严格履行相关承诺、持续加强投资者交流与沟通、便捷 投资者多渠道参与公司治理等方式不断为投资者创造价值，切实 维护广大投资者权益。现将 2025 年上半年公司投资者保护工作 情况报告如下： 一、注重股东投资回报，积极进行现金分红 公司在关注自身发展的同时一直高度重视股东的合理投资 回报，坚持持续、稳定的利润分配政策。利润分配方案的决策程 序和机制完备、分红标准和比例明确且清晰，符合《公司章程》 及相关审议程序的规定，充分保护了股东的合法权益。 2024 年利润分配方案为：以公司 2024 年 12 月 31 日总股本 2,050,769,509 股为基数，每 10 股分派现金股利 1.2 元（含税）。 2024 年度公司不送红股，不进行资本公积金转增股本。公司 2024 年度利润分配预案充分考虑了公司目前及未来现金流量状况、发 展所处阶段及投资资金需求等情况，兼顾了全体投资者的合法权 益，给予投资者合理的投资回报。 本次 ...