Airport Corp(SH:600463)2024-04-25 09:02Financial Performance - The company's operating revenue for Q1 2024 was ¥73,901,908.91, representing a decrease of 42.45% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥18,836,870.46, with a significant impact from losses in the construction segment[3]. - Basic and diluted earnings per share were both reported at -¥0.0628, reflecting the company's financial challenges[3]. - Total operating revenue for Q1 2024 was ¥73,901,908.91, a decrease of 42.5% compared to ¥128,412,269.43 in Q1 2023[16]. - Net loss for Q1 2024 was ¥24,075,948.72, an improvement from a net loss of ¥50,888,277.52 in Q1 2023[18]. - The company reported a gross profit margin of -32.5% in Q1 2024, compared to -39.9% in Q1 2023[16]. - The basic and diluted earnings per share for Q1 2024 were both -¥0.06, compared to -¥0.13 in Q1 2023[18]. Cash Flow - The net cash flow from operating activities was negative at ¥18,125,638.88, indicating cash outflows during the quarter[3]. - Cash flow from operating activities for Q1 2024 was -¥18,125,638.88, slightly worse than -¥18,095,694.49 in Q1 2023[20]. - In Q1 2024, the company reported a net cash flow from operating activities of ¥4,406,346.96, a significant improvement from a net outflow of ¥352,004.69 in Q1 2023, representing a turnaround of over 1,400%[31]. - Total cash inflow from operating activities was ¥19,274,598.34, compared to ¥13,369,089.51 in the same period last year, indicating a year-over-year increase of approximately 44%[31]. - The total cash outflow from operating activities was ¥14,868,251.38, an increase from ¥13,721,094.20 in the previous year, indicating rising operational costs[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,437,709,867.58, a slight decrease of 0.19% from the previous year[3]. - The total liabilities of the company were CNY 1,341,792,507.16, compared to CNY 1,322,391,116.19, representing an increase of approximately 1.4%[13]. - The company's equity attributable to shareholders decreased to CNY 1,068,951,235.74 from CNY 1,087,788,106.20, a decline of about 1.7%[13]. - The total assets as of March 31, 2024, were CNY 1,499,433,857.12, slightly down from CNY 1,501,229,018.08 at the end of 2023[24]. - The total liabilities decreased to CNY 370,574,233.42 from CNY 377,403,351.47 at the end of 2023, indicating a reduction of 1.1%[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,496, indicating a stable shareholder base[8]. - The largest shareholder, Beijing Airport Economic Development Co., Ltd., holds 49.32% of the shares, reflecting significant state ownership[8]. Government Support - The company received government subsidies amounting to ¥38,855.83, which are expected to have a continuous impact on its financial performance[5]. Operational Focus - The company is focusing on improving its construction segment to mitigate losses and enhance overall profitability in future quarters[7]. Investment and Financing Activities - Investment activities resulted in a net cash outflow of -¥516,710.97 in Q1 2024, compared to -¥2,038,876.93 in Q1 2023[21]. - Financing activities generated a net cash inflow of ¥17,726,242.39 in Q1 2024, contrasting with a net outflow of -¥39,049,514.41 in Q1 2023[22]. - Cash inflow from financing activities was ¥112,000,000.00, down 27% from ¥150,000,000.00 in Q1 2023, indicating a decrease in new borrowings[31]. - The net cash flow from financing activities was -¥53,204,867.18, slightly worse than -¥51,768,181.09 in the previous year, showing a marginal increase in cash outflow[31].