Shandong Airlines Co., Ltd. Summary of Semi-Annual Report 2021
Shandong Airlines Co., Ltd.
Summary of Semi-Annual Report 2021
I. Important Notice
The summary is abstract from full-text of semi-annual report, for more details of operating results, financial condition and future
development plan of the Company; investors should found in the full-text of semi-annual report that published on media appointed
by CSRC.
Prompt of non-standard audit opinion
□ Applicable √ Not applicable
There is no plan of cash bonus, dividend distribution and capitalizing of common reserves carried out by the Company.
Profit distribution pre-plan of preferred stock deliberated and approved by the Board in the reporting period
□ Applicable √ Not applicable
II. Basic information of the company
1. Company profile
Short form of the stock Shanhang-B Stock code 200152
Stock exchange for listing Shenzhen Stock Exchange
Person/Way to contact Secretary of the Board Rep. of security affairs
Name Dong Qiantang Fan Peng
1/F, SDA Office Building, Yaoqiang 3/F, SDA Office Building, Yaoqiang
Office add. International Airlines, Licheng District, International Airlines, Licheng District,
Jinan, Shandong Jinan, Shandong
Tel. 0531-82085939 0531-82085586
E-mail dongqt@sda.cn fanp@sda.cn
2. Main financial data and indexes
Whether it has retroactive adjustment or re-statement on previous accounting data or not
□Yes √ No
Increase/decrease over same
Current Period Same period of last year
period of last year
Operating revenue (RMB) 6,635,551,376.88 4,190,649,796.09 58.34%
Net profit attributable to shareholders of -795,198,752.78 -1,296,010,573.90 38.64%
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Shandong Airlines Co., Ltd. Summary of Semi-Annual Report 2021
the listed company (RMB)
Net profit attributable to shareholders of
the listed company after deducting -882,473,041.03 -1,336,518,968.35 33.97%
non-recurring gains and losses (RMB)
Net cash flow arising from operating
868,624,388.49 -1,897,748,778.43 145.77%
activities (RMB)
Basic earnings per share (RMB/Share) -1.988 -3.240 38.64%
Diluted earnings per share (RMB/Share) -1.988 -3.240 38.64%
Weighted average ROE 112.98 percentage points
-142.43% -29.45%
down
Increase/decrease over same
End of current Period End of period of last year
period-end of last year
Total assets (RMB) 34,747,323,767.43 22,403,505,133.99 55.10%
Net assets attributable to shareholder of
142,659,081.91 2,570,260,924.21 -94.45%
listed company (RMB)
3. Number of shares and share-holding
In Share
Total preference shareholders
Total common stock shareholders with voting rights recovered at
13,271 0
in reporting period-end end of reporting period (if
applicable) (see note 8)
Particulars about shares held by top ten shareholders
Amount of Information of shares
Amount of restricted common pledged, tagged or frozen
Full name of Nature of Proportion of common
Shareholders shareholder shares held shares held
shares held State of share Amount
Shandong State-owned
42.00% 168,004,000 168,004,000
Aviation Group legal person
Air China State-owned
22.80% 91,200,000 91,200,000
Limited legal person
VANGUARD
TOTAL
Foreign legal
INTERNATIO 0.67% 2,688,977 0
person
NAL STOCK
INDEX FUND
Domestic
Yao Ming 0.67% 2,662,021 0
nature person
WANXIANG
INTERNATIO
NAL Foreign legal
0.66% 2,658,100 0
INVESTMENT person
CORPORATIO
N
NORGES Foreign legal
0.46% 1,858,879 0
BANK person
VANGUARD
EMERGING Foreign legal
0.45% 1,804,541 0
MARKETS person
STOCK INDEX
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Shandong Airlines Co., Ltd. Summary of Semi-Annual Report 2021
FUND
Domestic
Hou Chunhu 0.45% 1,796,145 0
nature person
Domestic
Chen Jingjian 0.40% 1,595,200 0
nature person
Wang Hui 0.28% 1,116,919 0
1. Shandong Aviation Group (SDA) is the first largest shareholder of the Company, who holds
the shares of the Company on behalf of the State with unlisted shares;
2. Air China Limited is the second largest shareholder of the Company, who holds the shares of
Explanation on related
the Company on behalf of the State with unlisted shares;
relationship or concerted action
3. Among the above top ten shareholders, Air China Limited is the first largest shareholder of the
among the above mentioned
SDA, and there exists no associated relationship between SDA and Air China and the other
shareholders
shareholders, and they don’t belong to the consistent actionist regulated by the Management
Regulation of Information Disclosure on Change of Shareholding for Listed Companies with the
other shareholders.
4. Changes of controlling shareholders or actual controller
Controlling shareholders had no change in reporting period.
Actual controller had no change in reporting period.
5. Total preferred shareholders and top 10 shares held by preferred shareholders
The Company has no preferred shareholders
6. Bonds in existence as of the approval date of the semi-annual report
(1) Basic information of bond
Bond balance (in
Bond
Bond name Bond code Issuing date Due date 10 thousand Interest rate
abbreviation
yuan)
Shandong
Airlines Co., Ltd. 20 Shandong
2020 first phase Airlines 102000814 April 22, 2020 April 22, 2023 100,000 2.99%
of medium-term MTN001
notes
(2) Financial indicators as of the end of the reporting period
In 10 thousand yuan
Item At period-end End of last year
Debt-to-asset ratio 99.59% 88.53%
Item The Period Same period of last year
EBITDA interest protection multiple 1.87 -13.8
III. Important events
In the first half of 2021, the company took the initiative to respond to the challenges brought by COVID-19 pandemic, and achieved
positive results in pandemic prevention and control, production safety, operation quality and business benefits.
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Shandong Airlines Co., Ltd. Summary of Semi-Annual Report 2021
1. The pandemic prevention and control situation was stable. There was no spread of the epidemic due to the company’s flights;
There was no confirmed or asymptomatic infection cases occurred within the company.
2. The security situation remained stable. In the first half of this year, 183,000 flight hours and 88,400 flights were safeguarded,
increased by 43.64% and 45.12% on a year-on-year basis, respectively. The safety quality evaluation index was 12.01.
3. The operation quality was basically stable. A total of 87,584 passenger flights were guaranteed by major transportation businesses,
and the flights on-time rate was 87.49%, 1.92 percentage points higher than the industry average. 17 VVIP flights were guaranteed,
and the flights on-time rate was 88.24%.
4. Benefits reduced losses. The operating revenue reached 6.636 billion yuan, increased by 58.34% year on year; Net profit was -795
million yuan, reduced losses of 501 million yuan on a year-on-year basis; The total transportation turnover was 1.462 billion
ton-kilometers, the passenger volume was 10.4808 million person-times, and the cargo and mail traffic volume was 79,200 tons, an
increase of 49.58%, 59.61% and 13.44% respectively. The passenger load factor was 79.34%, with a year-on-year growth of 7.84
percentage points, and the cargo and mail load factor was 43.49%, decreased by 8.80 percentage points on a year-on-year basis.
Shandong Airlines Co., Ltd.
Legal representative: Sun Xiujiang
27 August 2021
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