深圳机场(000089) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥562,780,100.90, a decrease of 38.44% compared to ¥914,127,359.15 in the same period last year[9] - The net profit attributable to shareholders was -¥121,160,148.48, representing a decline of 170.05% from ¥172,959,589.35 year-on-year[9] - Basic and diluted earnings per share were both -¥0.0591, a decrease of 170.11% compared to ¥0.0843 in the same period last year[9] - The net profit for the current period is a loss of CNY 118,606,153.14, compared to a profit of CNY 175,611,762.94 in the previous period[71] - The total comprehensive income for the first quarter was -164,921,714.95 CNY, compared to 122,712,411.69 CNY in the previous year[81] Cash Flow - The net cash flow from operating activities increased significantly to ¥176,281,868.41, up 451.84% from ¥31,944,452.62 in the previous year[9] - Cash inflow from operating activities totaled 762,950,710.90 CNY, a decrease from 837,186,104.97 CNY year-over-year[79] - Cash outflow from operating activities was 586,668,842.49 CNY, down from 805,241,652.35 CNY in the previous year[82] - Net cash flow from operating activities was 176,281,868.41 CNY, significantly improved from 31,944,452.62 CNY in the same period last year[82] - Cash inflow from investment activities reached 710,038,574.04 CNY, compared to 13,500,263.30 CNY in the previous year[86] - Cash outflow from investment activities was 386,513,054.75 CNY, up from 119,737,843.89 CNY year-over-year[86] - Net cash flow from investment activities was 323,525,519.29 CNY, a recovery from -106,237,580.59 CNY in the previous year[86] - The net increase in cash and cash equivalents was 499,807,387.70 CNY, compared to a decrease of 74,293,127.99 CNY in the same period last year[85] - The ending balance of cash and cash equivalents was 1,902,336,703.64 CNY, up from 781,578,082.92 CNY year-over-year[85] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,979,090,118.30, a slight decrease of 0.30% from ¥14,021,814,490.16 at the end of the previous year[9] - The net assets attributable to shareholders decreased by 1.01% to ¥11,941,044,137.11 from ¥12,062,597,294.72 at the end of the previous year[9] - Total liabilities increased to CNY 2,019,063,502.53 from CNY 1,942,788,712.12, an increase of about 3.9%[52] - The company's total equity decreased to CNY 11,960,026,615.77 from CNY 12,079,025,778.04, a decline of approximately 1.0%[55] - Accounts receivable at the end of the period amounted to CNY 520,826,003.12, up from CNY 382,795,932.26 at the beginning of the period[29] - Accounts payable at the end of the period amounted to CNY 17,560,502.53, down from CNY 19,281,058.96 at the beginning of the period[29] Operational Challenges - In Q1 2020, the company's operating revenue and total profit significantly decreased due to a sharp decline in passenger throughput, flight operations, and cargo volume caused by the pandemic[22] - The company implemented rent reductions for tenants from February 1 to March 31, 2020, totaling approximately 80 million yuan, including 75 million yuan in rent and 5 million yuan in management fees[25] - The company has initiated measures to support tenants during the pandemic, including rent and management fee exemptions for a total area of 165,000 square meters[25] - The company is facing a legal dispute regarding the AB Terminal commercial transformation project, with a lawsuit filed in March 2017 and an appeal submitted in June 2019[25] Corporate Governance - The total number of ordinary shareholders at the end of the reporting period was 88,173, with the largest shareholder holding 56.97%[13] - The company appointed new board members and management personnel during the reporting period, including the election of Lin Xiaolong as the new chairman[26] - The company has adopted new accounting policies effective from January 1, 2019, following the Ministry of Finance's revised financial reporting format[28] Investment and Financial Management - The company has appointed Tianzhi International Accounting Firm for the 2020 financial audit with a total fee of CNY 790,000[34] - The company has not engaged in any securities investments during the reporting period[35] - There were no instances of non-compliance with external guarantees during the reporting period[41] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[42]