XIAC(SH:600897)2024-10-30 08:13Financial Performance - Operating revenue for Q3 2024 reached RMB 495,633,672.78, an increase of 13.84% year-on-year[2] - Net profit attributable to shareholders for Q3 2024 was RMB 120,958,374.99, reflecting an 18.90% increase compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 103,456,690.88, up 21.62% year-on-year[2] - Basic earnings per share for Q3 2024 were RMB 0.2901, an increase of 18.90% compared to the same period last year[3] - Total operating revenue for the first three quarters of 2024 reached CNY 1,420,473,191.90, an increase of 13.8% compared to CNY 1,247,558,905.39 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was CNY 396,751,387.43, representing a 38.5% increase from CNY 286,596,706.33 in the previous year[17] - Earnings per share (EPS) for the first three quarters of 2024 was CNY 0.89, compared to CNY 0.64 in the same period of 2023[18] Assets and Liabilities - The total assets as of the end of Q3 2024 amounted to RMB 5,646,409,164.21, representing a 3.95% increase from the end of the previous year[3] - As of September 30, 2024, the total current assets amounted to RMB 3,046,370,056.32, an increase from RMB 2,668,340,119.49 at the end of 2023, representing a growth of approximately 14.2%[13] - The total assets of the company as of September 30, 2024, were RMB 5,646,409,164.21, compared to RMB 5,432,040,364.07 at the end of 2023, reflecting a growth of approximately 3.9%[14] - The company's total liabilities decreased from RMB 863,844,615.12 to RMB 841,616,312.12, showing a reduction of about 2.6%[14] - The company's total liabilities as of the end of the third quarter of 2024 were CNY 952,235,802.05, down from CNY 1,026,215,549.34 year-on-year[15] - The total equity attributable to shareholders of the parent company increased to CNY 4,409,546,936.47 from CNY 4,146,775,826.83, marking a growth of 6.3%[15] Cash Flow - The cash flow from operating activities for the year-to-date period was RMB 499,603,447.03, an increase of 23.95% year-on-year[2] - In the first three quarters of 2024, the company reported cash inflows from operating activities totaling CNY 1,614,320,379.37, an increase of 26.1% compared to CNY 1,280,491,860.98 in the same period of 2023[19] - The net cash flow from operating activities for the first three quarters of 2024 was CNY 499,603,447.03, up 24% from CNY 403,053,114.16 in the previous year[19] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 1,535,842,229.55, compared to CNY 1,229,631,802.71 in the previous year, marking a growth of 24.9%[19] - The company's cash flow from operating activities was positively impacted by an increase in cash received from other operating activities, which rose to CNY 78,466,765.04 from CNY 50,415,571.34, a growth of 55.7%[19] Government Subsidies and Other Income - The company received government subsidies amounting to RMB 42,086,013.03 year-to-date, which are closely related to its normal business operations[4] - Other income for the first three quarters of 2024 was CNY 49,033,262.44, a substantial increase from CNY 10,652,253.39 in the same period of 2023[17] Investment and Financial Activities - Investment income for the first three quarters of 2024 was CNY 53,134,450.20, compared to CNY 39,109,911.92 in the same period of 2023, indicating a significant increase[17] - Cash inflows from investment activities amounted to CNY 2,622,473,891.91, representing a 11.5% increase from CNY 2,351,692,022.22 in the first three quarters of 2023[20] - The net cash flow from investment activities was -CNY 181,573,067.94, an improvement from -CNY 197,253,592.24 in the same period last year[20] - The total cash outflow from financing activities was CNY 152,273,671.37, which is an increase from CNY 101,086,312.44 in the previous year[20] - The company received CNY 110,437,532.84 in cash for dividend distributions and interest payments, up from CNY 45,104,969.84 in the same period of 2023[20] Operational Metrics - Passenger throughput at Xiamen Airport reached 20.74 million, a year-on-year increase of 15.90% for the first nine months of 2024[7] - Cargo and mail throughput for the same period was 271,500 tons, up 22.42% year-on-year[7] Asset Composition - The company's cash and cash equivalents reached RMB 305,508,537.10, up from RMB 139,751,829.38, indicating a significant increase of about 118.5%[13] - The accounts receivable stood at RMB 222,336,900.27, slightly down from RMB 232,928,553.50, indicating a decrease of approximately 4.0%[13] - The long-term equity investments increased to RMB 49,740,644.81 from RMB 48,627,328.88, marking a growth of about 2.3%[13] - The company's fixed assets decreased from RMB 2,272,783,225.37 to RMB 2,168,618,340.85, a decline of approximately 4.6%[14] - The non-current assets totaled RMB 2,600,039,107.89, down from RMB 2,763,700,244.58, representing a decrease of about 5.9%[14] Strategic Developments - The company has not disclosed any significant new strategies or product developments during the reporting period[12] - The company did not report any net profit from the merged entities, with both the current and previous periods showing a net profit of CNY 0[19]