China Merchants Shekou Industrial Zone (001979) H2 2024 earnings summary

Executive summary

• Total operating revenue increased by 2.25% year-over-year to ¥178.95 billion.

• Operating profit declined 36.54% year-over-year, with net profit attributable to shareholders down 36.09%.

• Cash flow from operating activities rose 1.69% year-over-year to ¥31.96 billion.

Financial highlights

• Operating profit: ¥9.00 billion, down 36.54% year-over-year.

• Net profit attributable to shareholders: ¥4.04 billion, down 36.09% year-over-year.

• Total assets at year-end: ¥860.31 billion, down 5.31% from the previous year.

• Cash and cash equivalents at year-end: ¥100.35 billion, up 13.66% year-over-year.

Key financial ratios and metrics

• Basic EPS: ¥0.37.

• Weighted average ROE: 3.36%.

• Cash to short-term debt ratio: 1.58, up 0.3 year-over-year.

• Net assets per share: ¥10.93, up 0.37%.