空港股份(600463) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 681,312,958.42, an increase of 9.17% year-on-year[9] - Net profit attributable to shareholders was CNY -26,847,900.95, showing an improvement from CNY -30,519,949.89 in the same period last year[9] - Basic and diluted earnings per share were both CNY -0.0895, compared to CNY -0.1017 in the same period last year[9] - Total operating revenue for Q3 2020 was approximately $359.55 million, a 44.8% increase from $248.23 million in Q3 2019[25] - Total operating costs for Q3 2020 were approximately $363.94 million, up from $251.14 million in Q3 2019, reflecting a 44.8% increase[25] - Net loss for Q3 2020 was approximately $4.17 million, compared to a net loss of $3.35 million in Q3 2019, indicating a worsening of 24.6%[26] - The total profit loss for Q3 2020 was approximately $2.81 million, compared to a loss of $2.68 million in Q3 2019[26] - Operating profit for Q3 2020 was approximately -$3.34 million, compared to -$2.95 million in Q3 2019[26] - The company reported a total revenue of approximately $681.31 million for the first three quarters of 2020, an increase of 9.2% from $624.06 million in the same period of 2019[25] - Total profit for the first three quarters of 2020 was a loss of CNY 1,545,366.83, compared to a profit of CNY 3,617,015.43 in the same period of 2019[30] Cash Flow - Cash flow from operating activities for the first nine months was CNY -97,164,874.47, a decline of 331.49% compared to the previous year[9] - Cash flow from operating activities for the first three quarters of 2020 was a net outflow of CNY 97,164,874.47, compared to a net inflow of CNY 41,972,903.97 in the first three quarters of 2019[32] - The total cash inflow from operating activities for the first three quarters of 2020 was CNY 689,876,332.72, down from CNY 908,024,384.17 in the same period of 2019[32] - The company reported interest income of CNY 9,234,776.38 for Q3 2020, compared to CNY 10,476,964.53 in Q3 2019[29] - The company incurred financial expenses of approximately $8.4 million in Q3 2020, compared to $7.11 million in Q3 2019, reflecting an increase of 18.2%[25] - The net cash flow from financing activities for the first three quarters of 2020 was 190,745,439.99 RMB, a recovery from a negative cash flow of -60,282,538.18 RMB in the same period of 2019[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,797,699,006.68, a decrease of 0.54% compared to the end of the previous year[9] - Total liabilities increased from CNY 1,509,454,147.91 to CNY 1,524,584,791.33, a rise of about 1.00%[20] - Owner's equity decreased from CNY 1,303,514,557.87 to CNY 1,273,114,215.35, a decline of approximately 2.33%[20] - Current liabilities increased from CNY 1,459,582,580.87 to CNY 1,367,004,073.69, a decrease of about 6.32%[20] - Non-current liabilities rose from CNY 49,871,567.04 to CNY 157,580,717.64, an increase of approximately 215.36%[20] - The total amount of other payables decreased by 48.62% to ¥61,470,596.39 from ¥119,639,776.95, mainly due to the repayment of due related party loans[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,134[11] - The largest shareholder, Beijing Airport Economic Development Co., Ltd., held 49.32% of the shares[11] Inventory and Receivables - Accounts receivable increased by 40% to ¥700,000 compared to ¥500,000 at the end of the previous year, primarily due to an increase in receivables in the form of notes[14] - Inventory decreased by 54.05% to ¥457,945,055.43 from ¥996,568,984.22, mainly due to the transfer of qualifying inventory to contract assets under new revenue standards[14] - Contract assets reached ¥600,831,938.10, a new entry due to the same transfer of inventory under new revenue standards[14] - The company's inventory increased to 996,568,984.22 RMB in Q3 2020, up from 448,546,304.25 RMB in Q3 2019, marking an increase of approximately 122.4%[40] Company Strategy and Developments - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The company plans to sell equity in a controlling subsidiary and acquire equity in another subsidiary, with the details disclosed in previous announcements[16] - The company has not completed the subsequent property transaction procedures related to the aforementioned equity transactions[16] - The company adopted new revenue recognition standards starting January 1, 2020, impacting the financial statements without retroactive adjustments[47] - The company implemented new revenue recognition and lease standards effective January 1, 2020, resulting in adjustments to the balance sheet[48]