SACL(000089)2024-04-26 10:17Financial Performance - The net profit for the first quarter of 2024 is CNY 94,551,663.63, a significant recovery from a net loss of CNY 104,728,027.12 in the same period last year[27]. - Operating profit for the first quarter is CNY 116,092,121.84, compared to an operating loss of CNY 135,124,974.53 in the previous year[27]. - Total profit for the quarter stands at CNY 115,870,751.43, recovering from a total loss of CNY 135,021,550.08 in the prior year[27]. - The company reported a basic earnings per share of CNY 0.0461, compared to a loss per share of CNY 0.0526 in the same quarter last year[27]. - The total investment income for the quarter is CNY 28,387,737.11, a recovery from an investment loss of CNY 1,445,580.11 in the same period last year[27]. - Net profit attributable to the parent company was CNY 94,577,796.94, up 187.67% year-on-year, with a 36% increase in net profit compared to the previous year[53]. - The total profit for the first quarter reached CNY 115,870,751.43, a 185.82% increase compared to a loss of CNY 135,021,550.08 in the same period last year[53]. - Investment income surged to CNY 28,387,737.11, a significant increase of 2063.76% compared to a loss of CNY 1,445,580.11 in the same period last year[53]. Cash Flow and Financial Position - Cash and cash equivalents at the end of the quarter are CNY 580,314,878.98, down from CNY 633,725,034.46 at the beginning of the quarter[29]. - The company experienced a net cash outflow from financing activities of CNY 268,530,654.66, compared to a higher outflow of CNY 321,811,094.24 in the previous year[29]. - Cash flow from operating activities generated a net amount of ¥592,210,294.18, significantly higher than ¥178,216,862.66 in the previous period, reflecting a growth of approximately 232.5%[41]. - The company's cash outflow for investment activities was ¥884,211,592.87, compared to ¥561,878,199.64 in the previous period, indicating an increase of approximately 57.3%[41]. - The net cash flow from operating activities was ¥592,210,294.18, which is a 232.30% increase compared to ¥178,216,862.66 in the same period last year[57]. Investments and Financial Products - The company utilized RMB 300 million for structured deposits with expected annualized returns of 1.7%-3%, which matured on January 31, 2024, yielding a total return of RMB 4.23 million[10]. - Another RMB 200 million was invested in structured deposits with expected annualized returns of 1.7%-3%, also maturing on January 31, 2024, generating a return of RMB 2.82 million[16]. - As of March 13, 2024, the company invested RMB 76 million in structured deposits with expected annualized returns of 1.3% or 3.95%, maturing on September 9, 2024[18]. - The company has not yet realized returns from structured deposits totaling RMB 20 million, with expected annualized returns of 1.55% or 2.96%, maturing on September 13, 2024[19]. - The company plans to roll over its idle funds for investment in short-term financial products, with a limit of RMB 2 billion within one year[10]. Operational Developments - The company has completed the construction and acceptance of the South Cargo Area, enhancing operational efficiency and resource management[13]. - The management contract for the South Cargo Area was signed with a three-year term, with management fees based on 8% of actual rental income[12]. - The number of flights increased by 21% year-on-year, contributing to the overall growth in operating revenue[53]. Shareholder Information - The company reported a total of 12,626,500 shares held by major shareholders, representing 0.62% of total share capital[9]. - The largest shareholder, Shenzhen Airport Group Co., Ltd., holds 56.97% of the shares[55]. - The number of common stock shareholders at the end of the reporting period was 70,409[55]. Assets and Liabilities - Total assets amounted to ¥23,992,960,615.20, a decrease from ¥24,173,020,057.56 in the previous period, reflecting a decline of approximately 0.75%[36]. - Total liabilities were ¥12,779,425,578.99, down from ¥13,053,656,535.24 in the previous period, representing a decrease of about 2.1%[38]. - Non-current assets totaled ¥20,289,831,390.59, down from ¥20,988,378,798.90 in the previous period, indicating a decrease of about 3.3%[36]. - The company reported a decrease in long-term borrowings to ¥3,840,291,497.60 from ¥4,004,774,507.46 in the previous period, reflecting a reduction of about 4.1%[38]. - The equity attributable to shareholders of the listed company increased to ¥11,209,310,548.21, up 0.85% from ¥11,115,112,901.01 at the end of the previous year[57]. Miscellaneous - The company recorded a government subsidy of CNY 454,500.00 during the quarter[52]. - The total amount of non-operating income and expenses was CNY 24,193,319.88 after tax impacts[52]. - The company does not have any non-recurring gains or losses that meet the definition of non-recurring items[58].