Core Insights - Shenzhen Airport (000089) reported a passenger throughput of 5.32 million in April 2025, representing a year-on-year increase of 23.50% [1] - The cargo and mail throughput reached 167,200 tons in April 2025, showing a year-on-year growth of 17.27% [1] - The number of flight takeoffs and landings was 35,939 in April 2025, reflecting a year-on-year rise of 17.10% [1] Summary by Category Passenger Traffic - Cumulative passenger throughput for 2025 reached 21.87 million, marking a year-on-year increase of 10.03% [1] - April 2025 passenger throughput alone was 5.32 million, up 23.50% year-on-year [1] Cargo and Mail - Cumulative cargo and mail throughput for 2025 was 626,700 tons, with a year-on-year growth of 14.33% [1] - In April 2025, cargo and mail throughput was 167,200 tons, increasing by 17.27% compared to the previous year [1] Flight Operations - The total number of flight takeoffs and landings for 2025 was 147,700, which is a year-on-year increase of 5.82% [1] - In April 2025, the number of flight operations was 35,939, reflecting a year-on-year growth of 17.10% [1]

本公司及董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。 重要内容提示： ●会议召开时间：2025 年 5 月 16 日（星期五）15:00-16:00 证券代码：000089 证券简称：深圳机场 公告编号：2025-023 深圳市机场股份有限公司 关于举办 2024 年度业绩说明会的公告 ●会议召开地点：价值在线（www.ir-online.cn） ●会议召开方式：网络互动方式 ●会议问题征集：投资者可于 2025 年 5 月 16 日前使用微信扫描下方小程序码 或访问网址 https://eseb.cn/1o3dO9cur3G 进行会前提问。 深圳市机场股份有限公司（以下简称"公司"）已于 2025 年 4 月 25 日在巨潮 资讯网上披露了《2024 年年度报告全文》及《2024 年年度报告摘要》。为便于广 大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 5 月 16 日（星期五）15:00-16:00 在"价值在线"（www.ir-online.cn）举办 2024 年度业绩说明会，与投资者进行沟通和交流，广泛听取投资者的意见和建 ...

转自：深圳晚报 昨晚雨下了一晚 今天降雨仍频密不歇 目前 深圳雨势虽已减弱 但外围及终端区天气 对航班影响仍在持续 连续两天雷雨天气影响航班运行 深圳机场全力做好航延保障 昨天受雷雨和暴雨天气影响 深圳机场启动 大面积航班延误应急处置预案 经凌晨通宵保障，至今天早间 昨晚延误积压的航班基本执行完毕 但今早出港航班高峰期 雷雨天气再次影响深圳机场运行 出港航班放行间隔加大 部分早间出港航班延误积压 叠加深圳和终端区雷雨天气影响 导致整体运行保障压力持续加大 根据运行态势和天气影响 深圳机场于今天13:30 升级大面积航班延误应急处置预案 为黄色响应 下午，随着天气影响趋于减弱 深圳机场航班放行有所恢复 针对连续雷雨天气影响 深圳机场联合空管、航司 结合天气提前会商研判 至17:30，深圳机场解除航延预警响应 做好航班计划调整 各航司昨天提前取消了 今日深圳进出港航班近20班 同时，针对大面积航班延误保障 深圳机场联合航司加派力量 做好各环节衔接 在天气具备放行条件后 减少等待时间、提高放行效率 针对延误时间较长的航班 按照"一航班、一专班" 会同航司成立现场保障专班 加强保障力量和资源调配 做好餐食、住宿等航延 ...

Financial Performance - In 2024, the company achieved operating revenue of 4.739 billion yuan, a year-on-year increase of 13.80% [1] - The net profit attributable to shareholders was 443 million yuan, up 11.68% year-on-year; the net profit after deducting non-recurring gains and losses was 354 million yuan, a significant increase of 326.31% [1] - Revenue from aviation services reached 2.095 billion yuan, growing by 16.22% year-on-year; ground services revenue was 768 million yuan, up 10.58%; leasing and franchise income was 963 million yuan, increasing by 10.64%; logistics revenue was 410 million yuan, up 30.57%; advertising revenue was 390 million yuan, growing by 3.28%; other non-aviation income was 109 million yuan, increasing by 7.07% [1] Operational Highlights - The company recorded a passenger throughput of 61.477 million, a year-on-year increase of 16.6%, marking the first time it surpassed 60 million [2] - The number of flight takeoffs and landings reached 428,000, up 8.9% year-on-year; cargo and mail throughput was 1.881 million tons, increasing by 17.6% [2] - The company ranks second in domestic passenger throughput and third in cargo and mail throughput nationally [2] Infrastructure Development - The construction of the third runway is progressing as planned, expected to be completed by 2026 [3] - The company is enhancing its customs environment with policies like 144-hour visa-free transit and 24-hour direct transit for passengers [3] - Future plans include a comprehensive transportation hub integrating air, land, and rail services, with a target of achieving a 20% share of international flights [3] Diversification and Non-Aviation Revenue - The company is focusing on diversifying non-aviation revenue, with a strong performance in duty-free business [4] - Efforts include the establishment of outdoor advertising media and the opening of international brand stores in Terminal 3 [4] - The cross-border e-commerce sector is growing rapidly, with international cargo volume surpassing domestic for the first time [4]

Core Viewpoint - Shenzhen Airport reported significant growth in revenue and profit for 2024, with key operational metrics reaching historical highs, indicating a strong recovery and expansion in the aviation sector [2][4]. Financial Performance - The company achieved operating revenue of 4.74 billion yuan, a year-on-year increase of 13.8% [2]. - Net profit attributable to shareholders was 443 million yuan, up 11.7% year-on-year [2]. - The net profit after deducting non-recurring items was 354 million yuan, marking a successful turnaround [2]. - Operating cash flow net amount reached 1.906 billion yuan, a significant increase of 65.6% year-on-year [2]. Operational Metrics - The airport recorded 428,000 flight takeoffs and landings, with passenger throughput reaching 61.477 million, both representing year-on-year growth of 8.9% and 16.6% respectively [2]. - Cargo and mail throughput was 1.881 million tons, showing a year-on-year increase of 17.6% [2]. Revenue Composition - Aviation revenue amounted to 2.095 billion yuan, up 16.22% year-on-year [2]. - Ground service revenue was 768 million yuan, increasing by 10.58% [2]. - Leasing and franchise revenue reached 963 million yuan, a growth of 10.64% [2]. - Logistics revenue grew by 30.57% to 410 million yuan [2]. - Advertising revenue was 390 million yuan, up 3.28% [2]. - Other non-aviation revenue totaled 109 million yuan, increasing by 7.07% [2]. Subsidiary Performance - Shenzhen Airport's domestic cargo station subsidiary contributed the highest profit of 34.64 million yuan [3]. - The airport's media subsidiary reported a loss of 12.7262 million yuan [3]. - The international cargo station subsidiary achieved a net profit of 178 million yuan, while Chengdu Shuangliu International Airport reported a loss of 18.2 million yuan [3]. Asset and Equity Position - As of the end of Q4 2024, total assets were 24.174 billion yuan, and net assets attributable to shareholders were 11.352 billion yuan, reflecting a 2.1% increase from the previous year [3]. Strategic Initiatives - The company emphasized ongoing expansion in aviation logistics and commercial leasing, driven by the rapid growth of cross-border e-commerce and the addition of new cargo routes [4]. - Investments in technological innovation, including smart management and automation, were highlighted as key to improving operational efficiency and service quality [4]. Executive Compensation - The total compensation for 14 directors and senior management was 8.442 million yuan, with an average salary of 874,100 yuan [4]. - The highest-paid executive, the general manager, received 992,300 yuan, while the lowest-paid executive earned 622,900 yuan [4]. Q1 2025 Performance - For Q1 2025, the company reported total revenue of 1.255 billion yuan, a year-on-year increase of 11.20% [4]. - Net profit attributable to shareholders was 163 million yuan, up 72.20% year-on-year [4]. - The net profit after deducting non-recurring items was 136 million yuan, reflecting a 93.30% increase [4]. - Operating cash flow net amount for the quarter was 849 million yuan, a growth of 43.29% [4].

深圳机场（000089.SZ）2024 年年报及 2025 年一季报点评 年报业绩落于预告上沿，非航业务步入新阶段 2025 年 04 月 28 日 ➢ 2025 年 4 月 24 日公司发布 2024 年年报：2024 年公司营业收入 47.4 亿元，同比 +14%，归母净利润 4.4 亿元，同比+12%，落于业绩预告上沿（公司预告 2024 年归母 净利润 4.0-4.4 亿元），扣非归母净利润 3.5 亿元（上年同期扣非归母净亏 1.6 亿元）； 4Q24 公司营业收入 12.7 亿元，同比+13%，归母净利润 1.2 亿元，同比-50%，扣非归 母净利润 1.1 亿元（4Q23 扣非归母净亏 0.2 亿元）。公司发布 2025 年一季报：1Q25 公司营业收入 12.5 亿元，同比+11%，归母净利润 1.63 亿元，同比+72%，接近业绩预 告盈利中位（公司预告 1Q25 归母净利润 1.3-1.8 亿元），扣非归母净利润 1.36 亿元， 同比+93%。 ➢ 经营生产数据持续提升，强化国际航线资源投入。受益民航业复苏，公司经营数据持 续提升：2024 年深圳机场飞机起降 42.8 万架次，同比+8 ...

事件：深圳机场发布2024 年年报及2025 年一季报。2024 全年，公司实现总营业收入47.39 亿元，同比 增长13.8%；实现归母净利润4.43 亿元，同比增长11.68%。25Q1 公司实现总营业收入12.55 亿元，同比 增长11.2%；实现归母净利润1.63 亿元，同比增长72.2%，处于业绩快报中枢，符合预期。 流量稳步复苏，深圳机场2024 年经营持续增长。根据公司公告，深圳机场2024 年旅客吞吐量达到6148 万人次，恢复至 19 年同期的116%，同比2023 年增长17%，其中国内旅客吞吐量5630 万人次，同比 2023 年增长12%；国际旅客吞吐量472 万人次，同比2023 年增长120%；地区旅客吞吐量47 万人次，同 比2023 年增长40%。深圳机场2024年飞机起降架次达428278 次，已恢复至19 年同期的116%，同比2023 年增长9%；货邮吞吐量达188 万吨，恢复至19 年同期的147%，同比23 年增长18%。 深圳机场2025 年Q1 客运、货运增保持强劲增长。航空出行市场基本常态化，深圳机场客流稳步提升， 1-3 月深圳机场旅客吞吐量达到1655 万人 ...

上 市 公 司 交通运输 2025 年 04 月 26 日 深圳机场 (000089) ——盈利稳步增长，产能利用率持续提升 报告原因：有业绩公布需要点评 增持（维持） | 市场数据： 2025 年 04 月 25 日 | | | --- | --- | | 收盘价（元） | 6.79 | | 一年内最高/最低（元） | 7.78/5.86 | | 市净率 | 1.2 | | 股息率%（分红/股价） | 1.47 | | 流通 A 股市值（百万元） | 13,925 | | 上证指数/深证成指 3,295.06/9,917.06 | | | 注："股息率"以最近一年已公布分红计算 | | | 基础数据: | 2025 年 03 月 31 日 | | --- | --- | | 每股净资产（元） | 5.61 | | 资产负债率% | 52.89 | | 总股本/流通 A 股（百万） | 2,051/2,051 | | 流通 B 股/H 股（百万） | -/- | 刘衣云 A0230524100007 liuyy@swsresearch.com 联系人 刘衣云 (8621)23297818× liuyy@sws ...

4月25日，深圳机场（000089.SZ）公布了2024年年报。报告期内，公司实现营业收入47.4亿元，同比上 升13.8%；实现归母净利润4.43亿元，同比上升11.7%；实现扣非归母净利润3.54亿元，成功扭亏；经营 现金流净额为19.06亿元，同比增长65.6%。 | | 2024 年 | 2023 年 | 本年比上年 | 2022年 | | --- | --- | --- | --- | --- | | | | | 增减 | | | 营业收入(元) | 4.739.308.234.91 | 4.164.718.288.90 | 13. 80% | 2.671.177,612.39 | | 归属于上市公司股东的净利润 | 443.039.612.74 | 396, 692, 272, 66 | 11.68% | -1.123.951.387.52 | | (元) | | | | | | 归属于上市公司股东的扣除非经常 性损益的净利润(元) | 354. 116. 078. 15 | -156, 472, 428. 71 | 326. 31% | -1.260, 189, 387. 57 | | 经营活动 ...

证券研究报告 深圳机场 (000089 CH) 产能放量周期，盈利有望进一步释放 | 华泰研究 | | | 年报点评 | | --- | --- | --- | --- | | 2025 年 | 4 月 | 25 日│中国内地 | 机场 | 深圳机场 1Q25 营收 12.55 亿元，同增 11.2%，归母净利润 1.63 亿，同增 72.2%，符合公司盈利预告的 1.3-1.8 亿元。同时公司 2024 年营业收入 47.39 亿元，同增 13.8%，归母净利润 4.43 亿元，同增 11.7%，与业绩快报一致。 我们认为公司目前处于卫星厅产能放量阶段，同时第三跑道接近投产，受益 于腹地大湾区经济发展及深中通道通车，公司流量和国际线占比有望不断提 升，推动净利润进一步释放。维持"买入"。 1Q25 稳步放量，叠加航线结构优化，盈利同比快速提升 深中通道通车推动 1Q25 公司流量稳步提升，同增 6.3%至 1655 万人次。 其中国内线 1505万人次，同增 4.2%，国际+地区线 150 万人次，同增 34.1%， 且国际+地区线占比进一步提高，达到 9.1%，同增 1.9pct。另外公司货运业 务发展迅 ...