GBIAC(SH:600004)2024-04-26 12:32Financial Performance - The company's operating revenue for 2023 reached CNY 6,430,868,267.12, representing a 61.95% increase compared to CNY 3,970,959,862.12 in 2022[17]. - The net profit attributable to shareholders for 2023 was CNY 441,905,715.29, a significant recovery from a loss of CNY 1,071,204,611.73 in the previous year[17]. - The net cash flow from operating activities increased by 171.69% to CNY 2,359,665,123.90, compared to CNY 868,506,661.92 in 2022[17]. - The basic earnings per share for 2023 was CNY 0.19, a turnaround from a loss of CNY 0.45 per share in 2022[18]. - The weighted average return on equity for 2023 was 2.54%, recovering from -6.03% in 2022[18]. - The company reported a total of CNY 59,301,815.23 in non-recurring gains for the year, with significant contributions from government subsidies and asset disposals[22]. - The total comprehensive income for the year increased, with undistributed profits rising from ¥2,528,825,848.77 in 2022 to ¥2,971,415,201.88 in 2023, an increase of approximately 17.5%[177]. - The company reported a profit distribution of -49,677,799.73 RMB, indicating a loss allocation to shareholders[186]. Assets and Liabilities - The total assets of the company as of the end of 2023 were CNY 26,190,045,631.21, a decrease of 2.79% from CNY 26,940,788,268.14 at the end of 2022[17]. - The net assets attributable to shareholders increased by 2.34% to CNY 17,593,268,620.81 from CNY 17,190,503,490.42 in 2022[17]. - Total current assets increased to ¥4,026,233,590.38 in 2023 from ¥3,484,403,758.13 in 2022, representing a growth of approximately 15.6%[172]. - Total non-current assets decreased to ¥22,163,812,040.83 in 2023 from ¥23,456,384,510.01 in 2022, a decline of about 5.5%[173]. - Total liabilities decreased from ¥9,532,186,368.95 in 2022 to ¥8,383,702,747.10 in 2023, a reduction of approximately 12.1%[174]. - The total owner's equity at the end of the year was 17,408,601,899.19 RMB, with a decrease of 5,024,145.47 RMB during the year[186]. Operational Highlights - The total passenger throughput for the company reached 63.17 million, representing a year-on-year growth of 142%[27]. - The cargo and mail throughput was 203.1 thousand tons, with a year-on-year increase of 7.8%[27]. - The company achieved a peak hour capacity increase to 83 aircraft movements, enhancing operational efficiency[27]. - The company launched over 100 new, restored, and increased international and regional passenger routes during the reporting period[27]. - The average on-bridge rate for flights improved by 10%, reaching over 80%, ranking second nationally[27]. Shareholder and Governance - The company held 3 shareholder meetings during the reporting period, ensuring compliance with relevant regulations and equal treatment of all shareholders[68]. - The board of directors convened 9 meetings, enhancing decision-making through the establishment of four specialized committees[68]. - The company has established a performance evaluation system for senior management, aiming to refine evaluation standards and incentive mechanisms[69]. - The company has independent directors with extensive experience in various sectors, including finance and management[82]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 5.7675 million yuan[85]. Risk Management - The company has outlined potential risks in its future development strategies, which are detailed in the management discussion section[4]. - The company faces macroeconomic risks due to global uncertainties and domestic economic recovery challenges[66]. - The aviation industry is subject to policy risks that may impact future performance due to government policy adjustments[66]. - The domestic aviation market is experiencing intense competition, particularly from Hong Kong and Shenzhen airports, as well as the high-speed rail network[66]. Environmental and Social Responsibility - The company invested RMB 27.82 million in environmental protection during the reporting period[115]. - The total nitrogen discharge was 42.57 tons per year, with a concentration of 5.38 mg/L[117]. - The airport's sewage treatment facility has been operational since 2004 and underwent a process upgrade in 2017, achieving compliance with national and local wastewater discharge standards[118]. - The company implemented carbon reduction measures, resulting in a reduction of 678 tons of CO2 equivalent emissions[127]. - The environmental, social, and governance (ESG) report for 2023 is available for public access, detailing the company's sustainability efforts[130]. Future Plans - The company aims to achieve a passenger throughput target to maintain the top position among domestic airports for five consecutive years[65]. - The company plans to expand its international routes, focusing on Southeast Asia, South Asia, the Middle East, Australia, New Zealand, and Africa markets[65]. - The company is committed to building a world-class airport by improving its hub competitiveness, brand influence, and system innovation capabilities[64]. - The company plans to increase investment in digital infrastructure to enhance operational efficiency and reduce labor costs[97].