华夏航空(002928) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥950,836,032.70, a decrease of 29.10% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥142,349,913.70, representing a decline of 187.25% year-over-year[4]. - The net profit after deducting non-recurring gains and losses was -¥143,418,936.62, down 188.64% from the previous year[4]. - Total operating revenue for the current period is ¥3,279,909,564.24, a decrease of 1.35% from ¥3,324,940,973.15 in the previous period[38]. - Net profit attributable to the parent company is -¥130,690,317.04, compared to a profit of ¥171,380,386.00 in the previous period, indicating a significant decline[44]. - The company reported a comprehensive income total of -¥129,067,938.52 for the current period, down from ¥172,984,528.97 in the previous period[44]. - Basic earnings per share for the current period is -0.1289, compared to 0.1825 in the previous period[44]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥16,192,069,596.16, an increase of 40.71% compared to the end of the previous year[4]. - Total liabilities amount to ¥12,558,308,307.46, an increase from ¥7,570,129,583.97 in the previous period[36]. - The total equity attributable to shareholders decreased by 7.71% to ¥3,633,761,288.70 compared to the end of the previous year[4]. - The total equity attributable to the parent company is ¥3,633,761,288.70, down from ¥3,937,458,588.62 in the previous period[36]. - The total assets increased to ¥15,013,704,250.28 from ¥11,507,588,172.59, marking a growth of approximately 30.5%[55]. - Total current liabilities reached ¥3,294,956,872.25, a decrease of ¥415,942,967.82 compared to the previous period[58]. - Non-current liabilities totaled ¥4,275,172,711.72, reflecting a significant reduction of ¥3,182,926,439.52[58]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥734,992,290.01, an increase of 32.89% compared to the same period last year[4]. - The cash inflow from operating activities totaled ¥3,925,749,576.36, an increase from ¥3,686,856,836.29 in the previous period, representing a growth of approximately 6.5%[48]. - The net cash outflow from investing activities was ¥1,508,140,032.05, compared to a net outflow of ¥437,431,768.38 in the prior period, indicating a significant increase in investment expenditures[51]. - The cash inflow from financing activities amounted to ¥4,167,494,214.98, up from ¥2,501,786,698.03, reflecting a growth of approximately 66.7%[51]. - The cash and cash equivalents at the end of the period were ¥1,683,649,341.20, down from ¥2,012,586,403.53, reflecting a decrease in liquidity[51]. Operational Metrics - The company's available ton-kilometers (ATK) decreased by 31.69% year-on-year to 22,476.55 million ton-kilometers[22]. - The available seat-kilometers (ASK) dropped by 29.61% year-on-year to 202,592.03 million seat-kilometers[22]. - The transportation turnover (RTK) fell by 31.29% year-on-year to 13,608.47 million ton-kilometers[22]. - Passenger turnover (RPK) decreased by 30.20% year-over-year to 150,582.76 million kilometers, while domestic RPK decreased by 30.10% to 150,582.76 million kilometers[25]. - Cargo turnover (RFTK) fell by 44.04% to 382.55 million ton-kilometers, with domestic cargo turnover also down by 44.04%[25]. - Total passenger numbers decreased by 35.99% to 1,205.78 thousand, with international passenger numbers dropping to zero, a 100% decline[25]. - The overall cargo load factor was 4.31%, down from 5.94%, reflecting a decrease of 1.63%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 36,138[14]. - The largest shareholder, Huaxia Aviation Holdings (Shenzhen) Co., Ltd., holds 31.97% of shares, totaling 324,000,000 shares[14]. - The company has not disclosed any related party relationships among the top shareholders[18]. Other Financial Information - The company recognized a government subsidy of ¥110,994.48 during the reporting period[7]. - Research and development expenses increased to ¥8,312,636.79, up from ¥6,672,206.93 in the previous period, reflecting a focus on innovation[41]. - Financial expenses rose significantly to ¥290,996,002.45, compared to ¥138,185,626.50 in the previous period, primarily due to increased interest expenses[41]. - Other income for the current period is reported at ¥247,202,689.28, slightly up from ¥240,953,365.18 in the previous period[41]. - The company reported a significant increase in employee compensation payments, totaling ¥849,023,133.45, compared to ¥714,262,484.13 in the previous period, an increase of approximately 18.9%[48]. - The company repurchased 1,952,400 shares, accounting for 0.1926% of total shares, with a total expenditure of RMB 20,043,800[26]. - The company plans to continue its share repurchase program, with a budget of RMB 5,000,000 to RMB 10,000,000[26].