600009 Shanghai International Airport
- 36.39
- +0.64+1.79%
Shanghai International Airport News
SHANGHAI INTERNATIONAL AIRPORT(600009):EQUITY INCENTIVE PLAN UNVEILED; FOCUS ON PERFORMANCE TARGETS
What's newShanghai International Airport has announced a draft for its restricte
Research Report Nuggets丨CICC: Shanghai Airport Equity Incentive Plan Launched to Maintain “Outperform the Industry” Rating
Gelonghui, May 15 | CICC Research Report indicates that Shanghai Airport (600009.SH) recently announced a draft restricted stock incentive plan for A-shares. According to the draft, the company expects equity incentives to stimulate the motivation of the management team, improve operational efficiency, mobilize their enthusiasm and creativity, and integrate their interests more closely with the company's long-term development. The bank lowered its target price by 5% to RMB 38, corresponding to 35 times the 2024 P/E (30 times the original value, mainly considering the market's improvement in risk appetite under the continuous restoration of international flights) to maintain its outperforming industry rating. There is 3% room for growth compared to the current stock price.
Shanghai International Airport's Passenger Throughput at Two Airports Climbs in April
The number of passengers handled by two airports operated by Shanghai International Airport (SHA:600009) climbed year on year in April. Pudong International Airport's passenger throughput jumped 72.7%
Shanghai Airport (600009): Equity incentive plan introduced, focus on unlocking conditions
Company News The company recently announced the draft A-share restricted stock incentive plan (hereinafter referred to as the “draft”). According to the draft, this equity incentive: 1) It is proposed to grant no more than 10.5085 million A-share restricted shares (accounting for the company's current share capital
Shanghai Airport (600009.SH): Proposed restricted stock incentive plan of no more than 10.5085 million shares
Gelonghui, May 14 | Shanghai Airport (600009.SH) announced an A-share restricted stock incentive plan. The plan is to grant no more than 10.5085 million A-share restricted shares to incentive recipients, accounting for about 0.42% of the company's total share capital (2,488,481,340 shares) at the time the plan was announced. The first restricted share grant price was 18.44 yuan/share.
Express News | Shanghai Airport: Passenger throughput increased 72.7% year-on-year in April 2024
Passenger traffic at Shanghai Airport exceeded 1.7 million during the “May 1st” holiday
According to the official WeChat account of Shanghai Airport Group, during the “May 1st” holiday, passenger traffic at Shanghai Airport exceeded 1.7 million, an increase of 37% over the previous year. According to Express statistics, during the “May 1st” holiday period, Shanghai's Pudong and Hongqiao guaranteed 11,000 flights, an increase of 28% over the previous year; 1.703 million inbound and outbound passengers were guaranteed, with an average daily passenger traffic of 341,000, an increase of 37% over the previous year. On May 5, the number of daily flights and passenger traffic at Shanghai Airport reached 2,307 flights and 374,000 passengers respectively, all of which set the highest record for the “May 1st” holiday in history.
Shanghai Airport (600009): International recovery accelerates, profits are expected to increase
Shanghai Airport released its 2024 quarterly report on April 29, 2024: The company achieved revenue of 3,029 billion yuan in Q1 2024, down 3.1% from Q4 2023, and up from Q1 2023
SHANGHAI INTERNATIONAL AIRPORT(600009):1Q24 RESULTS IN LINE; WATCH RECOVERY OF DFS BUSINESS
1Q24 results in line with our expectationsShanghai International Airport announc
Shanghai Airport (600009): Reversing year-on-year losses in 1Q and awaiting further recovery in profits
1Q24 reversed year-on-year losses, but profits may still have to wait until 2019; maintaining the “increase” in 1Q24's revenue of Shanghai Airport by 3,029 billion yuan, an increase of 40.6% over the same period, and net profit to mother of 386 million yuan, which is weaker than our previous expectations
Express News | The two major airports in Shanghai are expected to have an average daily passenger flow of nearly 350,000 during the May Day holiday, an increase of 40% over the previous year
Shanghai International Airport Returns to Profit in Q1
Shanghai International Airport (SHA:600009) recorded a net profit attributable to shareholders of 385.8 million yuan, rebounding from a year-ago loss of 99.3 million yuan, according to a filing with t
Shanghai Airport (600009): 1Q24 results are in line with expectations; waiting for the duty-free business to be repaired
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue of 3,029 billion yuan, up 41% year on year, down 3% month on month; net profit to mother was 386 million yuan, while 1Q23 and 4Q23 were -0 respectively
Express News | Shanghai Airport: First quarter revenue of 3.03 billion yuan.
Express News | Shanghai Airport: In the first quarter of this year, Pudong Airport's overseas passenger throughput recovered to 70% of the same period in 2019
Shanghai International Airport's Passenger Throughput in Two Airports Climbs in March
The number of passengers handled by two airports of Shanghai International Airport (SHA:600009) rose year on year in March. Pudong International Airport's passenger throughput climbed 69.5% to 6.1 mil
Shanghai Airport (600009.SH)'s passenger throughput at Pudong International Airport in March was 6.102,800 passengers, up 69.50% year-on-year
Shanghai Airport (600009.SH) released a report on transportation production in March 2024. The total number of aircraft take-off and landing at Pudong International Airport this month was 43,265, up 34.30% year on year; total passenger throughput was 6.102,800, up 69.50% year on year; total cargo and mail throughput was 324,200 tons, up 9.49% year on year.
Express News | Shanghai Airport: Flight take-off and landing at Pudong International Airport increased by 34.3% year on year in March; passenger throughput increased 69.5% year on year. Flight take-off and landing volume at Hongqiao International Airport in March increa
Shanghai Airport (600009): Reversing losses and bringing performance flexibility to profit from rising international passenger traffic
Event: In 2023, the company achieved revenue of 11.05 billion yuan, an increase of 101.6% over the previous year. Achieved net profit of 829 million yuan after deduction, turning a loss into a profit compared to last year's loss of 3,076 billion yuan. In the fourth quarter of last year, the company
Research Report Nuggets丨Huachuang Securities: Shanghai Airport will cooperate with China for a win-win situation, emphasizing the “recommended” rating
According to the Huachuang Securities Research Report, Shanghai Airport (600009.SH) made a profit of 930 million in 23 and a profit of 440 million in Q4, and is optimistic about the return of the long-term value of the hub airport. In the context of the continued resumption of international routes, the airport will continue to be an important duty-free sales channel. Under the new supplementary agreement, the company will cooperate with China for a win-win situation and jointly increase sales. Maintaining the previous valuation method, the profit was 4.36 billion under a 25-year steady state. According to 25 times the historical PE average before the epidemic, a target price of 43.8 yuan was given. It is expected to be 20% more space than the current one, and the “recommended” rating is emphasized.
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