GBIAC(600004)2025-04-29 11:38Financial Performance - The company's operating revenue for 2024 reached ¥7,423,597,248.19, an increase of 15.44% compared to ¥6,430,868,267.12 in 2023[24] - The net profit attributable to shareholders for 2024 was ¥925,847,484.77, representing a significant increase of 109.51% from ¥441,905,715.29 in 2023[24] - The net cash flow from operating activities was ¥3,410,126,652.46, up 44.52% from ¥2,359,665,123.90 in the previous year[24] - Basic earnings per share for 2024 were ¥0.39, a 105.26% increase compared to ¥0.19 in 2023[25] - The weighted average return on equity increased to 5.15%, up 2.61 percentage points from 2.54% in 2023[27] - The total assets of the company at the end of 2024 were ¥26,997,934,835.04, a 3.08% increase from ¥26,190,045,631.21 in 2023[24] - The net profit after deducting non-recurring gains and losses was ¥906,113,528.96, reflecting a 136.83% increase from ¥382,603,900.06 in 2023[24] - The company reported a net profit attributable to the parent company of 926 million yuan, an increase of 484 million yuan, representing a growth of 109.51%[52] Operational Highlights - In 2024, the passenger throughput reached 76.37 million, a year-on-year increase of 21%, while cargo and mail throughput was 2.38 million tons, up 17%[37] - The company achieved a historic operating profit, marking a significant milestone in its 20th anniversary of transition[37] - The airport successfully completed its 32nd year of safety operations, with zero occurrences of runway incursions and aircraft collisions[37] - The company completed 12.4 million aircraft takeoffs and landings in 2024, reflecting a 5.9% increase compared to the previous year[42] - The company has established a comprehensive safety management system, achieving its 32nd year of safety in 2024, and has been recognized for its safety performance[51] - The company has seen a significant recovery in its core business indicators, with operating income showing substantial growth due to the recovery of aviation market demand[52] Strategic Initiatives - The company plans to distribute a cash dividend of ¥1.57 per 10 shares, totaling ¥371,574,770.43 based on the total share capital as of December 31, 2024[7] - The company is positioned to benefit from national policies supporting the development of transportation infrastructure and the aviation hub strategy[40] - The company is actively pursuing smart airport construction, with plans to implement a "smart-led, green and human-centered" approach by 2025[51] - The company aims to establish a world-class international aviation hub by 2025, enhancing its operational efficiency and brand value[85] - The company is committed to enhancing its hub capabilities and achieving ten breakthroughs in various operational aspects by 2035[85] Awards and Recognition - The company received multiple awards, including the ACI Asia-Pacific Best Airport Award for passenger throughput over 40 million and the ACI Asia-Pacific Cleanest Airport Award[39] - The company has been recognized with multiple awards for service quality, including "Best Airport in China" by SKYTRAX[50] Environmental and Social Responsibility - The company invested 35.69 million yuan in environmental protection during the reporting period[148] - The wastewater treatment plant processed a total of 7.5866 million tons of wastewater in 2024, with no instances of exceeding discharge standards[151] - The company achieved a reduction of 679 tons in carbon dioxide equivalent emissions through energy management and LED lighting upgrades[157] - The company has been recognized as an "Environmental Integrity Enterprise" (Green Card Enterprise) for three consecutive years, with a recognition rate of only 11.51% among 2,588 participating companies[156] - Total investment in poverty alleviation and rural revitalization projects amounted to RMB 6.32 million, with all funds used for purchasing agricultural products[158] Governance and Management - The company has established a performance evaluation system for senior management and is working to improve the evaluation standards and incentive mechanisms for directors and supervisors[92] - The company maintains an independent financial department and accounting system, ensuring compliance with tax regulations and independent financial management[94] - The company is focused on improving its governance structure by appointing qualified individuals to key positions, such as the board secretary[107] - The company is committed to transparency in its financial reporting and management practices, ensuring accountability to its stakeholders[107] Shareholder Relations - The company plans to issue A-shares to specific investors in 2024, with related proposals and feasibility studies being discussed in the first extraordinary general meeting of 2024[103] - The company distributed a total cash dividend of CNY 176,793,855.74, with a cash dividend per share of CNY 0.0747, representing 40.13% of the net profit attributable to ordinary shareholders[135][138] - The cumulative cash dividend over the last three accounting years was CNY 548,368,626.17, with an average annual net profit of CNY 98,849,529.44, resulting in a cash dividend ratio of 554.75%[140][142] Future Outlook - The company anticipates continued growth in passenger and cargo traffic, supported by the recovery of international routes[69] - The aviation industry in China is expected to continue its recovery, supported by government initiatives and infrastructure development plans[82] - The company is exploring strategic partnerships and potential acquisitions to expand its market reach[116]