华夏航空(002928) - 2022 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2022 was ¥775,988,990.88, a decrease of 18.39% compared to the same period last year[6]. - Net profit attributable to shareholders was -¥557,505,617.62, representing a decline of 291.64% year-over-year[6]. - Basic earnings per share were -¥0.5526, down 293.59% from the previous year[6]. - The company reported a net loss of CNY 178,419,561.22 compared to a profit of CNY 1,330,358,822.48 in the previous year[41]. - The net profit for the third quarter was -1,508,778,383.70 CNY, compared to -130,690,317.04 CNY in the same period last year, indicating a significant decline[48]. - The total comprehensive income for the period was -1,510,004,081.54 CNY, compared to -129,067,938.52 CNY in the previous year[48]. - Basic earnings per share were -1.4954 CNY, down from -0.1289 CNY year-over-year[48]. - The operating profit for the quarter was -1,791,730,251.71 CNY, a significant drop from -144,654,484.23 CNY in the same quarter last year[48]. Assets and Liabilities - Total assets decreased by 7.87% to ¥14,927,424,814.33 compared to the end of the previous year[6]. - Total assets decreased to CNY 14,927,424,814.33 from CNY 16,202,858,827.78, reflecting a reduction of approximately 7.9%[38]. - Total liabilities increased to CNY 12,820,998,669.45 from CNY 12,586,428,601.36, an increase of about 1.9%[38]. - Non-current assets totaled CNY 11,972,262,571.42, down from CNY 12,278,128,578.92, a decrease of approximately 2.5%[38]. - The company’s equity attributable to shareholders decreased to CNY 2,106,426,144.88 from CNY 3,616,430,226.42, a decline of approximately 41.7%[41]. Cash Flow - Operating cash flow for the first nine months was ¥388,714,136.81, a decrease of 47.11% year-over-year[9]. - Cash flow from operating activities generated a net amount of 388,714,136.81 CNY, a decrease from 734,992,290.01 CNY in the prior year[49]. - Cash inflow from investment activities was 409,980,779.76 CNY, compared to 1,345,995.67 CNY in the previous year[52]. - Cash flow from financing activities resulted in a net outflow of -1,009,119,076.62 CNY, contrasting with a net inflow of 1,075,569,727.94 CNY in the same period last year[52]. - The total cash and cash equivalents at the end of the period were 674,733,308.66 CNY, down from 1,683,649,341.20 CNY at the end of the previous year[52]. - Cash and cash equivalents decreased to CNY 854,718,474.01 from CNY 1,390,696,433.01, a decline of about 38.4%[35]. Operational Metrics - The company's available ton-kilometers (ATK) decreased by 23.81% year-on-year to 17,125.47 million ton-kilometers[21]. - The available seat-kilometers (ASK) dropped by 22.02% year-on-year to 157,987.57 million seat-kilometers[21]. - The transportation turnover (RTK) fell by 26.92% year-on-year to 9,944.72 million ton-kilometers[21]. - The domestic available ton-kilometers decreased by 24.06% year-on-year[21]. - The international available ton-kilometers saw a significant decline of 73.16% year-on-year[21]. - Domestic cargo turnover decreased by 39.05% year-on-year to 9,925.63 million ton-kilometers[25]. - Passenger turnover (RPK) fell by 39.68% year-on-year to 108,959.74 million passenger-kilometers[25]. - Total passenger numbers dropped by 45.07% year-on-year to 811.21 thousand passengers[25]. - Cargo mail turnover (RFTK) decreased by 16.08% year-on-year to 1,075.05 million ton-kilometers[25]. - The overall load factor (RTK/ATK) was 58.07%, down 2.48% from the previous year[25]. - The passenger load factor (RPK/ASK) decreased by 5.36% year-on-year to 68.97%[25]. - The company did not introduce any new aircraft during the reporting period, maintaining a fleet size of 59 aircraft[21]. - The average age of the fleet is 5.45 years[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,955[13]. - The largest shareholder, Huaxia Aviation Holdings (Shenzhen) Co., Ltd., holds 31.97% of shares, totaling 324,000,000 shares[13]. Future Plans and Approvals - The company plans to raise up to 2.5 billion yuan through a private placement of shares[25]. - The private placement application was approved by the China Securities Regulatory Commission on July 29, 2022[29]. - The company completed the election of the third board of directors and supervisory board on September 15, 2022[32]. - The company is currently advancing the private placement of shares[31]. Expenses - Research and development expenses increased by 30.48% to ¥10,846,736.86 compared to the same period last year[9]. - Financial expenses rose by 144.75% to ¥712,211,258.73, primarily due to exchange rate fluctuations[12]. - Total operating costs increased to CNY 3,971,048,268.54 from CNY 3,670,377,170.40, marking an increase of about 8.2%[42]. - The company reported a decrease in sales revenue from 3,362,570,578.67 CNY to 2,357,191,657.33 CNY year-over-year[49]. - The company incurred a credit impairment loss of -7,504,980.36 CNY, compared to -2,258,666.29 CNY in the previous year[48].