空港股份(600463) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 112,239,398.26, a decrease of 46.87% year-on-year[8] - Net profit attributable to shareholders was a loss of CNY 7,916,048.73, improving by 20.94% compared to the previous year's loss[8] - Net cash flow from operating activities was negative CNY 146,581,029.91, a decline of 190.46% year-on-year[8] - Total revenue for Q1 2020 was CNY 112,239,398.26, a decrease of 46.9% compared to CNY 211,246,650.46 in Q1 2019[28] - Total operating revenue for Q1 2020 was CNY 20,914,757.91, a decrease from CNY 24,633,837.89 in Q1 2019, representing a decline of approximately 15.5%[32] - Net profit for Q1 2020 was CNY -9,739,132.89, compared to CNY -12,463,298.69 in Q1 2019, showing an improvement of about 22.0%[30] - The company reported total comprehensive income of CNY -9,739,132.89 for Q1 2020, compared to CNY -12,463,298.69 in Q1 2019[30] Cash Flow - Net cash outflow from operating activities was CNY -146,581,029.91, compared to CNY -50,465,840.88 in the previous year, indicating a worsening cash flow situation[36] - Cash inflow from investment activities totaled CNY 4,277,261.55, significantly lower than CNY 95,117,120.26 in Q1 2019, marking a decline of about 95.5%[37] - Cash outflow from investment activities was CNY 272,932.57, compared to CNY 128,110,067.69 in the previous year, showing a decrease of approximately 99.8%[37] - Net cash flow from financing activities was CNY 214,218,363.79, an increase from CNY 124,496,512.42 in Q1 2019, representing a growth of about 71.9%[37] - The company reported a significant increase in cash inflow from borrowings, reaching CNY 466,896,832.32, compared to CNY 184,447,167.68 in the previous year, reflecting a growth of approximately 153.1%[37] - The company experienced a net cash increase of CNY 71,641,662.86 in Q1 2020, compared to CNY 41,037,724.11 in Q1 2019, showing an increase of about 74.7%[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,836,208,847.69, an increase of 0.83% compared to the previous year[8] - Total assets increased to ¥2,836,208,847.69 from ¥2,812,968,705.78, reflecting a growth in the asset base[20] - Total liabilities reached CNY 779,984,950.33, up from CNY 538,031,424.80 in the previous year[25] - Current liabilities decreased to ¥1,382,578,763.45 from ¥1,459,582,580.87, indicating improved liquidity management[20] - The company reported a decrease in accounts receivable to CNY 25,235,488.65 from CNY 15,839,321.75 in the previous year[23] - Non-current liabilities totaled CNY 153,928,550.86, compared to CNY 43,168,689.34 in Q1 2019[25] Shareholder Information - The number of shareholders at the end of the reporting period was 16,860[12] - The largest shareholder, Beijing Airport Economic Development Co., Ltd., held 49.32% of the shares[12] Government Support - The company received government subsidies amounting to CNY 1,059,756.47 during the reporting period[8] - Other income rose dramatically by 895.99% to ¥1,005,445.07, attributed to increased government subsidies recognized during the period[15] Operational Efficiency - Total operating costs decreased by 43.38% to ¥126,214,134.29 from ¥222,905,685.65, reflecting the same reasons as revenue decline[15] - The company reported a significant reduction in sales expenses, which dropped to zero from ¥80,981.55, indicating a 100% decrease[15] - Operating expenses for Q1 2020 totaled CNY 126,214,134.29, compared to CNY 222,905,685.65 in Q1 2019, reflecting a reduction of approximately 43.4%[29]