SIA(SH:600009)2024-04-29 13:34Financial Performance - The company's operating revenue for Q1 2024 was RMB 3,029,379,846.52, representing a year-on-year increase of 40.61%[4] - The net profit attributable to shareholders for the same period was RMB 385,764,035.91, with a net profit excluding non-recurring gains and losses of RMB 382,416,938.66[4] - The basic earnings per share for Q1 2024 was RMB 0.16, with a weighted average return on equity increasing by 1.2 percentage points to 0.95%[5] - The net profit for Q1 2024 was CNY 460,751,602.45, a significant improvement compared to a net loss of CNY 57,253,858.98 in Q1 2023[49] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.16, compared to a loss of CNY 0.04 per share in the same period last year[50] - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 385,764,035.91, compared to a loss of CNY 99,346,473.86 in Q1 2023[49] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to RMB 70,610,669,970.02, reflecting a 1.63% increase compared to the end of the previous year[5] - The company's total assets reached CNY 70,610,669,970.02, up from CNY 69,480,530,979.72 at the end of 2023, indicating a growth of approximately 1.6%[41] - Total liabilities increased to CNY 28,123,346,573.22 from CNY 27,453,959,185.37, marking a rise of about 2.4%[36] - Total current assets as of March 31, 2024, were CNY 19,187,068,821.03, compared to CNY 17,726,389,804.34 at the end of 2023, reflecting an increase of about 8.2%[32] - The total assets as of March 31, 2024, were CNY 16,942,251,669.16, compared to CNY 15,820,153,696.94 at the end of 2023[56] - The total liabilities increased to ¥23,498,446,367.50 in Q1 2024, compared to ¥22,783,625,460.86 in Q1 2023, reflecting a rise of approximately 3.1%[61] Cash Flow - The net cash flow from operating activities was RMB 490,141,672.53, with no applicable comparison data[1] - The company's cash and cash equivalents increased to CNY 15,935,707,395.56 from CNY 14,615,345,937.25, showing a growth of approximately 9%[24] - Operating cash flow for Q1 2024 was CNY 490,141,672.53, recovering from a negative cash flow of CNY 33,041,140.33 in Q1 2023[51] - The net cash flow from operating activities for Q1 2024 was $360,608,005.22, compared to $557,848,894.88 in the previous year, indicating a decrease of approximately 35.4%[68] - The net cash flow from investment activities was -$612,324,486.00, a decline from -$1,687,915,912.36 year-over-year, reflecting a 63.7% improvement[68] - The net increase in cash and cash equivalents for Q1 2024 was $1,204,297,031.69, compared to $600,397,142.15 in the previous year, showing a growth of about 100.5%[68] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 216,065, with the top ten shareholders holding significant stakes[7] - Shanghai Airport (Group) Co., Ltd. held 58.38% of the shares, making it the largest shareholder[7] Business Operations - The company is focused on expanding its operations and enhancing its service offerings in the airport sector[6] - The company reported advertising contract revenue of CNY 162 million during the reporting period[23] - Duty-free contract revenue amounted to CNY 347 million, contributing to the company's efforts to strengthen its market position in the duty-free business[23] - The company plans to enhance its advertising business through a new contract with Shanghai Airport De Gao Momentum Advertising Co., Ltd.[23] - The company is focusing on expanding its duty-free operations to maintain a competitive edge in the market[23] - The company is focusing on expanding its market presence and enhancing its product offerings as part of its strategic initiatives[65] Non-Recurring Gains and Losses - The company reported non-recurring gains and losses totaling RMB 3,347,097.25 for the period, primarily from government subsidies and other income[6] - The company reported a decrease in impairment losses, with credit impairment losses recorded at CNY 0.00 for Q1 2024[49] Audit Status - The financial report for Q1 2024 was not audited, indicating that the figures are preliminary and subject to change[3]