深圳机场(000089) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥89,754,648.62, representing a decrease of 47.89% year-on-year[9]. - Operating revenue for the period was ¥851,501,410.95, down 10.61% compared to the same period last year[9]. - Basic earnings per share were ¥0.0438, a decrease of 47.86% year-on-year[9]. - The weighted average return on net assets was 0.76%, down 0.68 percentage points from the previous year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥91,903,681.74, down 45.98% year-on-year[9]. - The company reported a decrease in cash and cash equivalents to CNY 1.69 billion, down from CNY 2.58 billion in the previous year[57]. - The company reported a net profit for the current period of approximately CNY 396 million, compared to CNY 109 million in the previous period, reflecting an increase of 263.5%[85]. - The net profit for the current period is ¥137,615,268.14, down 55.8% from ¥311,270,181.29 in the same period last year[100]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥441,064,376.95, reflecting a decline of 47.49%[9]. - Cash and cash equivalents decreased by 34.66% to ¥1,687,402,199.74 due to reduced cash inflows from the pandemic and increased cash outflows for construction investments[21]. - The cash flow from operating activities is ¥441,064,376.95, a decline of 47.5% compared to ¥839,975,676.31 in the previous period[103]. - The ending balance of cash and cash equivalents was approximately $1.68 billion, up from $648.04 million previously[110]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥14,040,718,737.11, a slight increase of 0.13% compared to the previous year[9]. - Current liabilities increased to CNY 2.12 billion, up 13.3% from CNY 1.87 billion in the previous year[63]. - The total liabilities amounted to CNY 2.19 billion, an increase of 12.9% from CNY 1.94 billion in the previous year[63]. - Non-current assets totaled CNY 11.65 billion, an increase of 7.5% from CNY 10.84 billion in the previous year[60]. Shareholder Information - The total number of shareholders at the end of the reporting period was 92,382[14]. - The largest shareholder, Shenzhen Airport Group Co., Ltd., held 56.97% of the shares[14]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[18]. Investments and Projects - Construction in progress increased by 44.16% to ¥3,029,408,345.87, reflecting ongoing investments in satellite hall projects[21]. - The company approved an investment of RMB 33,050,600 for the renovation of the ITC-C building to improve staff accommodation conditions[37]. - The company’s controlling shareholder plans to provide financial assistance of up to RMB 1.85 billion for the satellite hall project, with a borrowing rate of 3.34%[37]. - The airport group plans to provide financial support of up to RMB 31.5 billion for the satellite hall project, with a borrowing rate based on the local government bond rate of 3.66%[38]. Tax and Expenses - The company reported a 30.82% decrease in taxes and surcharges to ¥41,612,066.28, attributed to policy exemptions for property tax and urban land use tax[21]. - Tax expenses for the current period are CNY 23,965,575.68, down from CNY 49,975,712.14 in the previous period[78]. - The company’s management expenses increased to approximately CNY 30.55 million from CNY 26.19 million in the previous period, reflecting a rise of 11.3%[85]. Management and Governance - The company is undergoing changes in its board of directors and senior management, with several resignations due to work commitments[29]. - The company appointed Lin Xiaolong as the chairman of the board and elected new board members during the meetings held on February 27, March 17, and March 21, 2020[30]. Accounting and Auditing - The company has adopted new accounting policies effective from January 1, 2019, impacting the presentation of financial statements[32]. - The company has engaged Tianzhi International Accounting Firm for the 2020 financial audit at a cost of RMB 790,000[37]. - The third quarter report was not audited[114].