华夏航空(002928) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 reached ¥2,124,155,073.67, an increase of 9.33% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥369,072,658.47, reflecting a significant growth of 31.60% year-on-year[4]. - The basic earnings per share increased to ¥0.2898, up by 31.61% compared to the previous year[4]. - The company reported a total operating revenue of RMB 2,124.1551 million, representing a year-on-year increase of 9.33%[14]. - The net profit attributable to shareholders reached RMB 369.0727 million, reflecting a year-on-year growth of 31.60%[14]. - The total revenue for the current period reached RMB 5,733,802,452.62, compared to RMB 5,153,999,422.46 in the previous period, indicating an increase of about 11.2%[31]. - The total profit for the current period is 737,599,393.86 CNY, compared to 359,897,034.93 CNY in the previous period, reflecting an increase of about 105%[32]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥23,690,192,741.63, representing a 14.46% increase from the end of the previous year[4]. - The company's total liabilities reached RMB 19,700,284,263.61, compared to RMB 17,340,067,009.95 at the beginning of the period, reflecting an increase of about 13.5%[29]. - The company’s total equity increased to RMB 3,989,908,478.02 from RMB 3,357,944,123.52, representing a growth of approximately 18.8%[30]. - As of September 30, 2025, the total assets amounted to RMB 23,690,192,741.63, an increase from RMB 20,698,011,133.47 at the beginning of the period, reflecting a growth of approximately 14.4%[30]. Cash Flow - The company reported a cash flow from operating activities of ¥2,475,448,583.46, which is an increase of 80.82% year-to-date[4]. - Cash flow from operating activities for the current period is 2,475,448,583.46 CNY, up from 1,369,038,843.18 CNY in the previous period, reflecting a growth of approximately 81%[33]. - The net cash flow from investing activities is -719,329,050.08 CNY, compared to -675,461,895.48 CNY in the previous period, indicating a slight increase in cash outflow[34]. - The net cash flow from financing activities is -1,467,735,801.12 CNY, worsening from -622,046,762.59 CNY in the previous period, showing increased cash outflow[34]. Operational Metrics - The available seat kilometers (ASK) increased to 46.74 billion, up 15.42% year-on-year[14]. - The passenger turnover (RPK) reached 40.36 billion, showing a year-on-year growth of 19.37%[14]. - The total passenger turnover (RPK) increased by 19.37% year-on-year to 403,632.44 million kilometers in Q3 2025, with domestic RPK rising by 20.18% to 400,796.62 million kilometers[17]. - The total cargo and mail turnover (RFTK) grew by 14.33% year-on-year to 626.49 million ton-kilometers, with domestic RFTK increasing by 14.84% to 626.46 million ton-kilometers[17]. - The total number of passengers carried increased by 20.32% year-on-year to 3,111.04 thousand passengers, with domestic passengers rising by 20.78% to 3,096.08 thousand[17]. - The overall load factor (RTK/ATK) improved by 2.81% to 71.53%, while the international load factor decreased by 1.29% to 63.68%[17]. - The domestic passenger load factor improved to 86.36%, an increase of 2.85 percentage points year-on-year[14]. Investments and Future Plans - The company plans to enhance its route coverage in remote areas to further boost the value of its regional network[14]. - The company plans to reduce the number of A320 aircraft to be introduced from 4 to 2, reallocating the remaining funds to acquire 5 C909 aircraft, with a total change in investment amounting to 92,500.00 million yuan[24]. - The company initiated a share repurchase plan on September 15, 2025, to enhance long-term incentives and create value for shareholders[24]. - The company plans to repurchase shares with an amount not less than RMB 80 million and not exceeding RMB 160 million, with a maximum repurchase price of RMB 13.54 per share, potentially acquiring approximately 11,816,839 shares, representing 0.92% of the total share capital[25]. Shareholder Information - The top shareholder, Hu Xiaojun, holds 23.41% of the shares through Huaxia Airlines Holdings (Shenzhen) Co., Ltd.[12]. Employee Engagement - The company approved the 2024 employee stock ownership plan to enhance employee engagement and company governance on September 12, 2024[18]. Audit Status - The company has not undergone an audit for the third quarter financial report[35].