SACL(000089)2024-10-24 08:44Financial Performance - The company's operating revenue for Q3 2024 was ¥1,214,509,458.09, representing a 10.94% increase year-over-year[2] - Net profit attributable to shareholders decreased by 30.35% to ¥152,570,200.02, while net profit excluding non-recurring gains and losses surged by 737.97% to ¥126,293,103.52[2] - The company's basic earnings per share (EPS) was ¥0.0744, down 30.34% year-over-year[2] - The weighted average return on equity (ROE) was 1.39%, a decrease of 0.65% from the previous year[2] - The company experienced a 99.38% increase in net profit attributable to shareholders for the year-to-date, totaling ¥326,870,150.31[5] - The company reported a net profit margin improvement, with total operating costs slightly decreasing to CNY 3,161,416,363.99 from CNY 3,162,324,164.15, indicating a cost management strategy[15] - The net profit for Q3 2024 was CNY 326,735,056.37, a significant increase from CNY 165,961,065.89 in Q3 2023, representing a growth of approximately 96.6%[16] - Operating profit for the quarter reached CNY 409,925,679.13, compared to CNY 202,638,604.05 in the same period last year, indicating an increase of about 102.2%[16] - The company reported a total profit of CNY 408,213,379.11 for the quarter, up from CNY 202,605,404.52 in Q3 2023, which is an increase of approximately 101.4%[16] - Earnings per share (EPS) for the quarter was CNY 0.1594, compared to CNY 0.0799 in the same quarter last year, representing a growth of about 99.4%[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,483,164,231.89, reflecting a 1.28% increase from the previous year[2] - Current assets totaled CNY 4,806,932,018.37, up from CNY 3,184,641,258.66 at the start of the year, reflecting a significant increase of approximately 50.9%[13] - Non-current assets decreased to CNY 19,676,232,213.52 from CNY 20,988,378,798.90, showing a decline of about 6.3%[13] - Total liabilities increased to CNY 13,243,283,053.32 from CNY 13,053,656,535.24, marking a rise of approximately 1.5%[14] - The company’s long-term borrowings decreased to CNY 3,735,258,024.61 from CNY 4,004,774,507.46, reflecting a reduction of about 6.7%[13] - The company’s total equity attributable to shareholders reached CNY 11,235,765,651.20, compared to CNY 11,115,112,901.01 at the beginning of the year, indicating a growth of about 1.1%[14] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥1,604,606,679.02, a 40.92% increase compared to the same period last year[5] - The company’s cash and cash equivalents rose significantly to CNY 1,609,440,120.03 from CNY 633,725,034.46, an increase of approximately 153.5%[12] - The cash and cash equivalents at the end of the period totaled CNY 1,609,440,120.03, an increase from CNY 764,328,735.74 at the end of Q3 2023, reflecting a growth of approximately 110.8%[18] - The company recorded a net cash inflow from investment activities of CNY 212,728,129.99, a turnaround from a net outflow of CNY 50,534,613.88 in the previous year[18] Investment and Financial Assistance - The company reported a significant increase in investment income, which rose by 111.02% to ¥97,061,509.83[5] - The net cash flow from investing activities improved dramatically by 520.96% to ¥212,728,129.99 due to the recovery of large deposits and financial products[5] - Shenzhen Airport Group has provided financial assistance to the company, with a total of 4,004.77 million RMB remaining as of September 30, 2024, after repaying 269.52 million RMB in principal and 108.50 million RMB in interest during the year[7] - The company has repaid a total of 2,275 million RMB in financial assistance to Shenzhen Airport Group, which was used for early repayment of government special bond loans[7] - The financial assistance from Shenzhen Airport Group includes a maximum of 5 billion RMB, with 2,275 million RMB being returned for government bond repayment and 2,725 million RMB for the satellite hall project[7] - The company approved a plan to use up to RMB 2 billion for investment and wealth management products within one year, starting from the shareholders' meeting date[8] - On March 13, 2024, the company invested RMB 76 million in a structured deposit with a projected annualized return of 3.95%, maturing on September 9, 2024, yielding RMB 1.48 million[8] - On March 14, 2024, the company invested RMB 200 million in a structured deposit with a projected annualized return of 2.96%, maturing on September 13, 2024, yielding RMB 2.97 million[8] - As of now, the company has invested RMB 300 million in various structured deposits with expected annualized returns ranging from 0.03% to 2.80%[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 69,527, with the largest shareholder, Shenzhen Airport Group Co., Ltd., holding 56.97% of shares, equating to 1,168,295,532 shares[6] - The company has not reported any changes in the top 10 shareholders due to securities lending activities[7] - The company has not disclosed any significant changes in the number of preferred shareholders or their holdings[7] - The company has not utilized any guarantees, pledges, or collateral for the financial assistance received from Shenzhen Airport Group[7] - The company has not disclosed any related party transactions other than the financial assistance from Shenzhen Airport Group[7] Contracts and Acquisitions - The company signed a management contract with its wholly-owned subsidiary for the operation of a newly constructed cargo facility, with a total investment of RMB 355.79 million[10] - The company has entered into an advertising media management contract with MediPayle, with the first-year advertising management fee set at RMB 401.8 million, excluding tax[11] - The company plans to acquire 227 advertising media assets from its previous operator, with a net assessed value of RMB 5.27 million[11] Audit Information - The company did not conduct an audit for the Q3 report[19]