Financial Performance - Net profit attributable to shareholders for the six months ended June 30, 2024, was RMB 2.642 billion, an increase of 3.05% compared to the same period last year[2]. - Basic earnings per share increased by 5.13% to RMB 0.41[2]. - Total operating revenue for the six months ended June 30, 2024, was RMB 9.067 billion, a decrease of 0.98% from RMB 9.158 billion in the previous year[5]. - Operating profit for the same period was RMB 3.588 billion, compared to RMB 3.531 billion in the previous year, reflecting a growth of 1.63%[5]. - For the six months ended June 30, 2024, the total comprehensive income amounted to RMB 2,930,423,154, an increase from RMB 2,777,455,548 for the same period in 2023, representing a growth of approximately 5.5%[6]. - The net profit attributable to shareholders of the parent company for the same period was RMB 2,644,941,236, compared to RMB 2,476,243,599 in 2023, reflecting an increase of about 6.8%[6]. - Basic and diluted earnings per share for the six months ended June 30, 2024, were both RMB 0.41, up from RMB 0.39 in 2023, indicating a growth of 5.1%[6]. - The company reported a decrease in operating costs to RMB 5.691 billion from RMB 5.781 billion year-on-year[5]. - The total tax expenses for the six months ending June 30, 2024, were RMB 85.331 million, an increase from RMB 79.789 million in 2023[32]. - The current income tax expense for the period was RMB 673.642 million, compared to RMB 615.774 million in the previous year[33]. Assets and Liabilities - Total assets as of June 30, 2024, amounted to RMB 61.945 billion, an increase from RMB 60.246 billion at the end of 2023[4]. - Total liabilities increased to RMB 16.840 billion from RMB 15.707 billion at the end of 2023[4]. - Cash and cash equivalents stood at RMB 11.478 billion, up from RMB 10.934 billion at the end of 2023[3]. - The total accounts receivable as of June 30, 2024, was RMB 2,368,297,357, an increase from RMB 2,103,632,270 as of December 31, 2023, representing a rise of approximately 12.6%[22]. - The total accounts payable decreased to RMB 1,377,210,351 as of June 30, 2024, down from RMB 1,870,122,136 as of December 31, 2023, indicating a reduction of about 26.3%[25]. Segment Performance - The company operates five reportable segments, including container handling and supporting services, metal ore and coal handling, liquid bulk handling, logistics and port value-added services, and port supporting services[39]. - The container handling and supporting services segment generated operating revenue of RMB 755.807 million, a year-on-year increase of RMB 154.671 million or 25.7%, with segment profit rising to RMB 1.083 billion, up 23.1% year-on-year[57][59]. - The logistics and port value-added services segment reported a profit of RMB 840.798 million, an increase of 7.1% year-on-year[53]. - The company achieved a revenue of RMB 2.093 billion in the metal ore, coal, and other cargo handling and supporting services, a decrease of RMB 0.45 billion or 2.1% compared to the same period last year[65]. - Liquid bulk cargo handling and supporting services generated a revenue of RMB 1.953 billion, down RMB 0.78 billion or 3.8% year-on-year, primarily due to decreased operational rates at nearby ports[69]. Investments and Capital Expenditures - Significant capital investments during the six months totaled RMB 448 million, primarily for the Dongjiakou Port general terminal grain silo phase III project and liquid chemical terminal tank area project[90]. - The company plans to invest a total of RMB 46,045 million in the port project from 2017 to 2019, with RMB 10,875.57 million used in 2023[111]. - The total planned investment for the Dongjiakou oil products project is RMB 68,717 million, with RMB 13,757.34 million used in 2023[115]. - The company plans to issue new A-shares to no more than 35 qualified investors for restructuring funding[107]. Shareholder Information - The company declared a cash dividend of RMB 292.7 per thousand shares, totaling RMB 1,899.945 million for 2023[28]. - The company did not declare an interim dividend for the six months ending June 30, 2024, consistent with the previous year[29]. - The company’s total share capital as of June 30, 2024, was 6,491,100,000 shares, with A-shares and H-shares accounting for 83.07% and 16.93% respectively[10]. - The company’s controlling shareholder is Qingdao Port Group, which holds a total of 55.77% of the shares, ensuring stable governance and strategic direction[10]. Operational Developments - The company is focused on enhancing hub capabilities, aiming to solidify its position as a leading international container hub in Northeast Asia[99]. - The company is accelerating the construction of smart green ports and aims to create the industry's first digital integrated platform[99]. - The company has entered into asset purchase agreements to acquire stakes in various port-related companies, with agreements dated July 12, 2024[120]. - The company is actively pursuing new strategies for market expansion and technological development in port operations[126]. Miscellaneous - The company has no significant acquisitions or disposals related to subsidiaries, joint ventures, or associates during the six months ending June 30, 2024[92]. - The company has no major contingent liabilities as of June 30, 2024[94]. - The company has no asset pledges or mortgages as of June 30, 2024[93]. - The company’s financial figures and percentages have been rounded for reporting purposes[129].
青岛港(06198) - 2024 - 中期业绩