证券代码：002928 证券简称：华夏航空 公告编号：2023-030 华夏航空股份有限公司 关于举办 2022 年度业绩说明会暨投资者 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 为促进上市公司规范运作、健康发展，增强上市公司信息透明度，加强与 广大投资者沟通交流，进一步提升投资者关系管理水平，贵州证监局、贵州证 券业协会联合深圳市全景网络有限公司，将于 2023 年 05 月 17 日 15:30-17:30 在"全景路演"（http://rs.p5w.net）举办"贵州辖区上市公司投资者集体接 待日活动（2022 年度业绩说明会）"，具体安排如下： 一、业绩说明会的安排 1、召开时间：2023 年 05 月 17 日 15:30-17:30 2、召开方式：网络远程方式。 3、出席本次活动人员：华夏航空股份有限公司（以下简称"公司"）出席 本次活动的人员为公司总裁李三生先生、董事会秘书兼副总裁俸杰先生、财务 总监张静波女士。 4、参与方式：投资者可于 2023 年 05 月 17 日 15:30 起直接登录下列网址 进行交流：http://rs.p5w ...

Financial Performance - The company's operating revenue for 2019 was ¥5,407,112,960.26, representing a year-over-year increase of 26.93% from ¥4,260,039,818.89 in 2018[18]. - Net profit attributable to shareholders for 2019 was ¥502,237,458.23, a significant increase of 102.96% compared to ¥247,461,081.68 in 2018[18]. - The net profit after deducting non-recurring gains and losses was ¥491,890,924.53, up 164.43% from ¥186,021,906.16 in the previous year[18]. - The net cash flow from operating activities reached ¥1,054,200,477.23, an increase of 102.21% compared to ¥521,337,391.41 in 2018[18]. - Basic earnings per share for 2019 was ¥0.8360, reflecting a 99.52% increase from ¥0.4190 in 2018[18]. - Total assets at the end of 2019 amounted to ¥9,794,823,583.26, a growth of 25.82% from ¥7,785,025,297.43 at the end of 2018[18]. - The company's net assets attributable to shareholders increased by 30.98% to ¥2,781,925,570.44 from ¥2,123,949,232.05 in 2018[20]. - Total operating revenue for 2019 reached ¥5,407,112,960.26, a year-on-year increase of 26.93% compared to ¥4,260,039,818.89 in 2018[57]. - Passenger revenue accounted for ¥5,265,769,206.31, representing 97.39% of total revenue, with a year-on-year growth of 32.79%[57]. - Operating costs totaled ¥4,711,958,634.04, an increase of 28.83% from ¥3,657,528,281.90 in 2018[60]. Dividend Distribution - The company plans to distribute a cash dividend of 0.76 yuan per 10 shares to all shareholders, based on a total of 600,750,000 shares[4]. - The cash dividend amount for 2019 was ¥45,657,000, representing 9.09% of the net profit attributable to ordinary shareholders[124]. - In 2018, the cash dividend amount was ¥52,065,000, which accounted for 21.04% of the net profit attributable to ordinary shareholders[124]. - The cash dividend for every 10 shares is set at ¥0.76 (tax included), with a total cash dividend amount of ¥45,657,000[125]. - The company plans to distribute 5 additional shares for every 10 shares held, using capital reserves for the increase[125]. - The company has committed to maintaining a cash distribution policy of at least 10% of the net profit attributable to the parent company each year[125]. Business Operations and Strategy - The company aims to expand its business from air cargo and passenger transport to include training, tourism, and fresh produce, leveraging its regional aviation network[29]. - The company operates a fleet of 49 aircraft, including 38 CRJ900 series and 11 A320 series, with an average fleet age of 3.52 years[44]. - The company has established a network of 147 flight routes, including 141 domestic routes and 6 international routes, with 89% of routes being unique[37]. - The company focuses on enhancing connectivity and operational efficiency through a differentiated business model targeting third and fourth-tier cities[36]. - The company has increased its capacity in the Xinjiang region, establishing 33 domestic branch routes and 18 branch points, with a domestic connectivity rate of 86%[45]. Safety and Risk Management - The company has achieved a safety performance with no accidents reported during the reporting period, maintaining a general error rate of 0.12 per 10,000 hours[48]. - The company has developed a comprehensive safety management system, integrating real-time monitoring and risk assessment mechanisms[48]. - The company will continue to invest in safety management systems to mitigate risks associated with aviation operations[105]. - The company faces risks related to aviation safety, which is critical for its survival and reputation[104]. Research and Development - Research and development expenses surged to ¥5,653,432.83, reflecting a significant increase of 1,182.08% compared to ¥440,956.91 in 2018[66]. - The number of R&D personnel rose to 88 in 2019, a 183.87% increase compared to 31 in 2018[68]. Market Position and Competition - The company holds a 42% market share of domestic branch airport destinations, leading the branch aviation business model in China[36]. - The competitive landscape of the Chinese aviation industry includes four major airline groups, which dominate the domestic passenger and cargo transport market[95]. Financial Management and Fundraising - The company raised a total of 77,038.03 million yuan from its initial public offering, with a net amount of 77,038.03 million yuan after deducting issuance costs of 6,553.97 million yuan[81]. - The company has committed to purchasing 6 CRJ900 aircraft and 3 engines, with a total investment commitment of 47,038.03 million yuan[84]. - The company has utilized 6,930.61 million yuan from the convertible bond proceeds to replace previously invested self-owned funds[81]. - The company has a remaining balance of 8,602.22 million yuan in unused raised funds, with 3,602.22 million yuan (including interest) in a special account[81]. Corporate Governance - The company is focused on improving corporate governance to provide institutional guarantees for its development[175]. - The company has implemented changes in accounting policies, including the adoption of new financial instrument standards effective from January 1, 2019, which will not significantly impact total assets, liabilities, or net profit[178]. - The current accounting firm, Lixin Certified Public Accountants, has been engaged for 7 consecutive years, with an audit fee of 1.1 million RMB for the current period[187]. Regulatory Compliance - The company has disclosed the change in fundraising project usage in accordance with regulatory requirements, ensuring transparency[91]. - The company did not experience any penalties or rectification issues during the reporting period[190]. - The company did not engage in any related party transactions during the reporting period[193].

Financial Performance - Operating revenue for the period was CNY 1,107,612,553.57, reflecting a 16.17% increase compared to the same period last year[8] - Net profit attributable to shareholders decreased by 52.08% to CNY 75,972,972.87 year-on-year[8] - Basic earnings per share fell by 56.92% to CNY 0.1897[8] - The weighted average return on equity decreased by 11.83% to 3.73%[8] - The estimated net profit for 2018 is projected to be between CNY 205.83 million and CNY 374.23 million, representing a decrease of 0% to 45% compared to 2017[22] - The company anticipates that increased operational scale and business volume will enhance passenger and cargo revenue, despite rising fuel prices and USD exchange rates negatively impacting net profit[22] Asset and Shareholder Information - Total assets increased by 38.08% to CNY 7,574,514,250.14 compared to the end of the previous year[8] - Net assets attributable to shareholders rose by 80.35% to CNY 2,074,308,262.17 year-on-year[8] - The total number of ordinary shareholders at the end of the reporting period was 27,033[12] - The largest shareholder, Huaxia Airlines Holdings (Shenzhen) Co., Ltd., holds 35.96% of the shares[12] Cash Flow and Financial Management - Net cash flow from operating activities increased by 30.48% to CNY 313,693,138.74 compared to the same period last year[8] - Cash received from operating activities increased by 87.44% from CNY 135.06 million to CNY 253.15 million, reflecting expanded operational scale and increased government subsidies[18] - Cash paid for purchasing goods and services rose by 42.06% from CNY 1.48 billion to CNY 2.10 billion, due to prepayments for fuel and other operational expenses[18] - Cash flow from the disposal of fixed assets increased significantly by 3209.38% to CNY 61.19 million, mainly from the sale of retired aircraft[18] - The capital reserve increased by 312.39% from CNY 233.64 million to CNY 963.53 million, primarily due to the premium from the initial public offering[16] - The company has invested CNY 4,330,335 in financial assets, with no sales or purchases during the reporting period[24] - The company has engaged in entrusted financial management, with a total of CNY 53 million in bank financial products, including CNY 28 million from raised funds and CNY 25 million from self-owned funds[29] Operational Costs and Expenses - Operating costs grew by 38.14% from CNY 1.86 billion to CNY 2.57 billion, driven by increased flight operations and higher fuel and service costs[16] - Financial expenses surged by 268.51% from CNY 48.55 million to CNY 178.91 million, largely due to currency depreciation and increased financing costs[16] - Other income reached CNY 45.33 million, primarily from government subsidies for flight routes[17] Future Plans and Developments - The company plans to issue convertible bonds, with the proposal approved by the board on September 21, 2018, and by the shareholders on October 10, 2018[20] - As of September 30, 2018, the company operates a total of 40 aircraft, including 37 CRJ900 series and 3 A320 series[20] Miscellaneous - There are no overdue guarantees or non-operating fund occupations by major shareholders during the reporting period[25][26] - The company has not conducted any research, communication, or interview activities during the reporting period[29] - Non-operating income included CNY 10,224,286.08 from the disposal of non-current assets[9] - Accounts receivable rose by 51.77% from CNY 486.78 million to CNY 738.80 million, attributed to the expansion of business operations and extended collection periods[16] - Inventory increased by 43.34% from CNY 55.75 million to CNY 79.92 million, mainly due to the rise in aviation material consumption[16]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 2,027,828,781.34, representing a 32.22% increase compared to CNY 1,533,661,071.63 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 25.50% to CNY 121,847,138.93 from CNY 163,557,624.23 year-on-year[17]. - Basic earnings per share decreased by 30.68% to CNY 0.3149 from CNY 0.4543 in the same period last year[17]. - The weighted average return on net assets decreased to 7.06% from 18.68% in the previous year[17]. - The company reported a basic earnings per share of 0.3149 yuan for the first half of 2018, down from 0.4543 yuan in the same period of 2017, indicating a decrease of approximately 30.6%[129]. - The company anticipates that the increase in passenger and cargo transport revenue will be offset by rising aviation fuel prices and USD exchange rates, which are expected to significantly impact net profit[85]. Cash Flow and Financing - The net cash flow from operating activities fell by 64.28% to CNY 119,097,783.77, down from CNY 333,453,869.19 in the previous year[17]. - The net cash flow from financing activities surged by 559.60% to ¥1,197,875,363.08 from ¥181,605,886.95, mainly due to funds raised from the initial public offering[57]. - The company reported a significant increase in cash and cash equivalents, with a net increase of 70,675.43% to ¥497,172,278.02 from ¥702,464.56, driven by the IPO fundraising[57]. - The ending balance of cash and cash equivalents was CNY 1,094,008,811.09, significantly higher than CNY 430,607,409.67 at the end of the previous period[172]. - The net increase in cash and cash equivalents was CNY 497,172,278.02, compared to CNY 702,464.56 last year[172]. Assets and Liabilities - Total assets increased by 31.64% to CNY 7,221,417,520.10 compared to CNY 5,485,650,833.23 at the end of the previous year[17]. - Total current assets increased to CNY 2,618,518,781.49 from CNY 1,727,836,978.38, representing a growth of approximately 51.5%[150]. - Total liabilities increased to CNY 5,223,082,230.80 from CNY 4,335,487,983.28, which is an increase of approximately 20.5%[152]. - The company's equity attributable to shareholders increased to CNY 1,998,335,289.30 from CNY 1,150,162,849.95, representing a growth of about 73.8%[154]. Operational Highlights - Huaxia Airlines focuses on regional air transportation, operating 102 flight routes, including 96 domestic regional routes and 3 international routes, covering 99 cities[38]. - The company has established 5 operational bases and 4 overnight bases, enhancing its network coverage in southwest, northwest, northeast, and north China[38]. - The fleet size increased by 8 aircraft, a growth of 26%, with 5 additional CRJ900 series and 3 A320 series aircraft[45]. - The company operated 102 flight routes, a year-on-year increase of 20%, and served 99 cities, up 19%[46]. - The average aircraft age was 2.68 years, making it one of the youngest fleets among major civil aviation companies in China[44]. Market Position and Strategy - Huaxia Airlines has a unique market position as the only independent airline focused on regional aviation in China, leading in business model and market coverage[33]. - The company aims to enhance connectivity between first-tier cities and third- and fourth-tier cities, capitalizing on the growing demand for air travel in these regions[36]. - The company plans to focus on market expansion and new product development to drive future growth[161]. - Future outlook includes potential new product developments and technology advancements to drive growth[196]. Risks and Challenges - The company faces risks related to aviation safety, including potential asset losses and reputational damage from accidents, despite having a comprehensive safety management system in place[86][87]. - Changes in aviation industry policies by the Civil Aviation Administration of China could impact the company's operations, including route approvals and fleet expansion plans[88][89]. - The company is exposed to macroeconomic fluctuations, which can directly affect market demand for air travel, especially as the domestic economic growth rate slows down[90]. - Fluctuations in aviation fuel prices significantly impact production costs, with the potential for adverse effects on profitability if prices rise[91]. - The company has a risk of delayed payments from institutional clients due to lengthy approval processes, which could affect cash flow[93]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,314[131]. - The largest shareholder, Huaxia Airlines Holdings (Shenzhen) Co., Ltd., holds 35.96% of the shares, totaling 144,000,000 shares[131]. - The total share capital increased from 36 million shares to 40.5 million shares following the issuance of 4.05 million new shares, representing a 11.25% increase in total shares[127]. Compliance and Governance - The company has not engaged in any significant non-equity investments during the reporting period[82]. - The company has not reported any major environmental issues or social responsibility initiatives during the reporting period, indicating a focus on core operations[121]. - The company has not experienced any penalties or corrective actions during the reporting period, suggesting compliance with regulatory requirements[107].

华夏航空股份有限公司 2018 年第一季度报告全文 华夏航空股份有限公司 2018 年第一季度报告 2018 年 04 月 1 华夏航空股份有限公司 2018 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人胡晓军、主管会计工作负责人张静波及会计机构负责人(会计主 管人员)刘维维声明：保证季度报告中财务报表的真实、准确、完整。 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 991,256,381.71 | 732,115,502.28 | 35.40% | | 归属于上市公司股东的净利润（元） | 82,305,693.00 | 77,421,631.64 | 6.31% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | 73,665,959.71 | 75,535,791.21 | -2.48% | | ...