东航物流(601156) - 2025 Q2 - 季度财报

Here's a clear and professionally structured report outline in Markdown format, translated into English and adhering to all specified requirements: Section I. Definitions This section defines key terms used throughout the report, including company names, major shareholders, subsidiaries, related parties, and industry-specific terms, ensuring accurate understanding of the content Common Terminology Definitions This chapter defines key terms used in the report, such as company names, major shareholders, subsidiaries, related parties, and aviation logistics industry terms, ensuring accurate understanding - The reporting period is defined as January 1, 2025, to June 30, 2025, with the end of the reporting period being June 30, 2025[13] - Eastern Air Logistics, the Company, and "this Company" all refer to Eastern Air Logistics Co, Ltd[13] - China Eastern Airholding Group is the actual controller and controlling shareholder of the Company[13] Section II. Company Profile and Key Financial Indicators This section provides an overview of Eastern Air Logistics Co, Ltd., including basic company information, contact details, changes in fundamental information, and key financial performance metrics I. Company Information This section provides basic information about Eastern Air Logistics Co, Ltd., including its Chinese name, abbreviation, English name, acronym, and legal representative Guo Lijun - The company's Chinese name is 东方航空物流股份有限公司, abbreviated as 东航物流 (Eastern Air Logistics)[15] - The company's legal representative is Guo Lijun[15] II. Contact Person and Contact Information This section lists the contact information for the company's Board Secretary Wan Wei and Securities Affairs Representative Fan Jizhong, including address, phone, fax, and email, for investor communication - The Board Secretary is Wan Wei, and the Securities Affairs Representative is Fan Jizhong[16] - The contact address for both is 199 Konggang Sixth Road, Changning District, Shanghai, with phone number 021-22365112 and email EAL-IR@ceair.com[16] III. Brief Introduction to Changes in Basic Information The company's registered address is 66 Airport Avenue, Pudong Airport, Shanghai, and its office address is 199 Konggang Sixth Road, Changning District, Shanghai, with no historical changes during the reporting period - The company's registered address is 66 Airport Avenue, Pudong Airport, Shanghai, and its office address is 199 Konggang Sixth Road, Changning District, Shanghai[17] - There were no historical changes to the company's registered address during the reporting period[17] IV. Brief Introduction to Changes in Information Disclosure and Document Storage Locations The company designates China Securities Journal, Securities Times, Shanghai Securities News, and Securities Daily as its information disclosure newspapers, with the semi-annual report published on www.sse.com.cn, and documents stored at the company's Board Office, with no changes during the reporting period - The company's designated information disclosure newspapers are China Securities Journal, Securities Times, Shanghai Securities News, and Securities Daily[18] - The semi-annual report is published on the Shanghai Stock Exchange website, www.sse.com.cn[18](index=18&type=chunk) V. Company Stock Overview The company's A-shares are listed on the Shanghai Stock Exchange, with the stock abbreviation Eastern Air Logistics and stock code 601156, and no applicable previous stock abbreviation - The company's stock type is A-shares, listed on the Shanghai Stock Exchange[19] - The stock abbreviation is Eastern Air Logistics, and the stock code is 601156[19] VII. Key Accounting Data and Financial Indicators In the first half of 2025, the company's operating revenue slightly decreased, but total profit and net profit attributable to shareholders increased, with net cash flow from operating activities significantly rising by 177.31% due to reduced cash payments for goods and services, while total assets and net assets attributable to shareholders also grew, indicating a stable financial position 2025 H1 Key Accounting Data | Indicator | Current Reporting Period (Jan-Jun) | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 11,256,449,533.71 Yuan | 11,286,096,133.67 Yuan | -0.26 | | Total Profit | 1,929,753,752.02 Yuan | 1,797,752,420.36 Yuan | 7.34 | | Net Profit Attributable to Shareholders of Listed Company | 1,288,727,842.23 Yuan | 1,277,201,508.72 Yuan | 0.90 | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains/Losses) | 1,156,192,052.84 Yuan | 1,196,603,056.05 Yuan | -3.38 | | Net Cash Flow from Operating Activities | 2,814,737,968.29 Yuan | 1,015,016,358.73 Yuan | 177.31 | | End of Current Reporting Period | End of Current Reporting Period | End of Prior Year | Change from Prior Year-End (%) | | Net Assets Attributable to Shareholders of Listed Company | 18,336,046,135.32 Yuan | 17,510,787,770.30 Yuan | 4.71 | | Total Assets | 29,609,293,343.93 Yuan | 26,271,181,851.05 Yuan | 12.71 | 2025 H1 Key Financial Indicators | Key Financial Indicators | Current Reporting Period (Jan-Jun) | Prior Year Period | Change from Prior Year Period (%) | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (Yuan/share) | 0.81 | 0.80 | 1.25 | | Diluted Earnings Per Share (Yuan/share) | 0.81 | 0.80 | 1.25 | | Basic EPS (Excluding Non-recurring Gains/Losses) (Yuan/share) | 0.73 | 0.75 | -2.67 | | Weighted Average Return on Net Assets (%) | 7.10 | 7.94 | Decrease of 0.84 percentage points | | Weighted Average Return on Net Assets (Excluding Non-recurring Gains/Losses) (%) | 6.37 | 7.44 | Decrease of 1.07 percentage points | - Net cash flow from operating activities increased by 177.31% year-on-year, primarily due to a reduction in cash paid for goods and services during the reporting period[22] IX. Non-recurring Gains and Losses and Amounts In the first half of 2025, the company's total non-recurring gains and losses amounted to 132,535,789.39 Yuan, mainly comprising gains/losses from disposal of non-current assets and government subsidies recognized in current profit or loss 2025 H1 Non-recurring Gains and Losses Items | Non-recurring Gains and Losses Item | Amount (Yuan) | Notes (if applicable) | | :--- | :--- | :--- | | Gains/losses from disposal of non-current assets | 41,675,117.87 | Net gains/losses from demolition land and other assets | | Government subsidies recognized in current profit or loss | 140,806,714.29 | Primarily includes enterprise development special funds | | Fair value changes and disposal gains/losses of financial assets and liabilities held by non-financial enterprises, excluding effective hedge accounting related to normal business operations | 257,968.42 | | | Other non-operating income and expenses apart from the above | 228,694.19 | | | Other items that meet the definition of non-recurring gains and losses | 2,986,496.41 | | | Less: Income tax impact | 46,485,032.20 | | | Less: Impact on minority interests (after tax) | 6,934,169.59 | | | Total | 132,535,789.39 | | Section III. Management Discussion and Analysis This section provides a comprehensive discussion and analysis of the company's operations, financial performance, and strategic initiatives during the reporting period I. Industry and Principal Business Overview during the Reporting Period This section details the