1
2003 4 9 http://www.sse.com.cn http://www.sse.com.cn 2
1 2 600004 3 003004 4 5.88 / 5 1,000,000,000 6 400,000,000 7 400,000,000 8 9 2003 4 28 10 11 12 [2003]31 13 12 3
7 [2003]31 2003 4 14 4 1.00 5.88 [2003]32 4 2003 4 28 600004 2003 4 9 http://www.sse.com.cn 4
1 Guangzhou Baiyun International Airport Company, Ltd. 2 1,000,000,000 3 4 2000 9 19 5 282 510406 6 7 8 020 8612 8577 020 8613 0701 9 020 8612 8086 10 11 12 byia_gf@163.net [2000]638 [2000]826 2000 9 19 5
[2000]165 106,267.96 19,870.13 86,397.83 [2000]245 66.67% 57,600 96% 900 66.67% 600 1% 900 66.67% 600 1% 900 66.67% 600 1% 900 66.67% 600 1% 60,000 1 60,000 A 1 6
16 9 2002 9 1 [1992]94 2002 9 1 [2002]179 [1994]128 [1995]240 2 1, 2 3 4 7
5 6 7 1 1 10 GDP 12 1998 13 GDP 2000 GDP 3.43 70 2 8
1978 29,866 2001 1,411,918 14 46 2000 139 126 33 60 1,032 42 33 WTO 2005 205 10% 1 8% 280 13% 2 560 3 2004 3 70 93 2002 9
4 41 ( 45 1 ) 34000 / 26000 40 5 2 1996 1997 24 10
1 [2001]252 2 767 3 A A01010 4 01002144 5 [ ] 080042 6 [ ] 9080046 7 023 8 [ ] 01 9 [ ] 001 10 1391090 11 010004 12 002 13 11
4400001000961 14 00065-00 [2001]21 15 [ ][00]25 16 [00]025 17 No:0000771 18 0101101 19 A25085 20 015 21 GZJB047 22 GZJA047 23 MOFTEC 19443 24 D.3802 25 001 12
26 689 1 33% [2001]21 2001 2002 24% 33% 2 2002 3 14 [2002]6 A 50% 50% 13
1 4 2 5.88 / 3 235,200 4 5 6,936.4 7 0.173 4 4,157,064 2003 201563 2003 4 21 1 600,000,000.00 2001 14
A 400,000,000.00 1,000,000,000.00 2003 31 A 400,000,000.00 1.00 5.88 2,352,000,000.00 2003 4 21 A 400,000,000.00 2,352,000,000.00 69,364,000.00 2,282,636,000.00 400,000,000.00 1,882,636,000.00 600,000,000.00 2000 8 18 2000 90803 2003 4 21 1,000,000,000.00 1 1 2 2 15
1 2003 4 21 2 2,282,636,000 3 101008516010001993 4 1 1 60,000 60% 2 40,000 40% 100,000 100% 2 1 576,000,000 57.60% 2 6,000,000 0.60% 3 6,000,000 0.60% 4 6,000,000 0.60% 5 6,000,000 0.60% 6 4,157,064 0.42% 7 1,099,000 0.11% 8 1,073,000 0.11% 9 998,000 0.10% 10 904,000 0.09% 16
11 60 58 53 57 52 50 61 58 49 44 36 1 60 1965 1984 1984 1992 1992 1995 1995 1998 1998 2 58 1986 1992 1992 1999 1999 3 53 17
1986 1990 1990 1993 1993 1999 1999 2000 4 57 1967 1986 1986 1993 1993 1996 1996 1999 1999 2000 5 52 1987 1991 1991 1992 1993 1999 1999 2000 6 50 1987 1992 1992 1993 1993 1996 1996 1999 7 61 1968 1983 1983 1986 1986 1996 1997 2002 8 58 1986 1992 18
1993 1995 1995 1999 1999 2000 9 49 1972 1984 1986 1989 1989 1992 1993 1999 1999 2000 10 44 11 36 1994 10 1995 3 3 1 58 1986 1992 1993 2000 2 55 1986 1992 1993 1993 1994 1994 2000 19
3 48 1993 1999 1999 2000 1 2 3 4 44 1991 1993 1993 2000 5 48 1978 1988 1988 1992 1992 1993 1993 2000 6 50 1993 1997 1997 2000 20
A 21
1 57,600 96% 57,600 57.6% 2 600 1% 600 0.6% 51% 3 22
DMESENTERPRI 51% SESPTE. LTD. 49% 30% 50% 20% 70% 30% 20% 80% 48% 45% 7% 90% 10% 29% 61% 10% 61% 24% 15% 2000 10 10 2001 5 15 23
24 1 2 3 4 5 300 0.5% 12 300 3000 0.5% 5% 1 2 3 12 3000 5%
1 2000 10 10 1 2 3 25% 2002 639.18 1.9% 10 2001 8 8 2 2000 9 19 351 25
176 353 12259 2048 35690 35 / 10 35 / 2000 9 19 2004 12 31 429,065 20,480 1,249,150 2002 793.42 2001 4 16 1 176 1992 94 8-10 / 10 2 351 353 59936 47949 8693 8585 3624 27047 100-600 / 8-10 / 20 / 140 / 10 / 20 / 10 / 35.36 / 35 / 2001 1 1 2001 12 31 31.7 8454.05 2002 31.7 8,246.96 26
2001 8 8 3 2000 9 19 282 288 7 12 4814 20 / 2000 9 19 2004 12 31 96,280 2002 1,155,360 0.1% 2001 4 16 12 7-12 1992 94 20 / 2001 8 8 4 27
5 2001 5 15 / 28
2001 8 8 6 2001 8 8 2000 2001 5 15 1 2 3 4 5 6 7 8 9 29
10 11 12 1.5 3 30 2001 8 8 7 [2000]127 [2002]166 [2002]179 2001 4 1 2001 8 8 2002 12 20 2003 1 6 30
5 6 1 2 3 2 3 1 7 2002 12 31 2003 1 1 2000 10 10 2001 5 15 31
[2001]64 32
2002 12 31 2003 4 9 (http://www.sse.com.cn) 2003 1 3 2000 12 31 2001 12 31 2002 12 31 2000 2001 2002 2002 2000 2002 2003 1 3 33
2003 1 3 2002 2001 2000 246,816,885.50 939,655,600.10 838,384,482.12 780,254,893.07 87,977,754.92 366,154,973.03 343,845,482.27 313,875,163.82 8,041,250.44 32,429,301.51 29,422,726.68 26,973,430.96 150,797,880.14 541,071,325.56 465,116,273.17 439,406,298.29 4,288,106.69 13,611,904.20 13,203,265.56 3,095,074.90 21,612,863.42 95,786,708.53 80,849,191.87 68,453,581.04 27,066,088.97 96,118,093.34 87,647,162.88 65,587,939.37-5,602,784.98-9,195,918.69-9,981,977.04-9,413,538.75 112,009,819.42 371,974,346.58 319,805,161.02 317,873,391.53-427,379.04-2,080,674.95-2,402,516.10 117,566.98 3,714.62 959,799.43 1,298,004.83 259,915.99 195,561.10 2,043,247.30 3,856,488.35 8,960,895.49 111,390,593.90 368,810,223.76 314,844,161.40 309,289,979.01 36,383,392.47 72,220,179.10 13,866,841.03 107,360,658.65 3,303,334.27 9,909,740.16 4,187,151.07 5,171,596.03 71,703,867.16 286,680,304.50 296,790,169.30 196,757,724.33 34
2002 2001 2000 286,680,304.50 296,790,169.30 196,757,724.33 107,981,932.09-6,539,860.97-394,662,236.59 290,250,308.33 196,757,724.33 2000 2 29 - - - - 28,050,020.26 131,400,317.64 29,596,853.24 29,750,603.79 3,829,010.49 14,334,015.23 14,517,772.45 1,872,238.17 350,731,368.12 245,981,932.09 31,606,137.77 144,000,000.00 138,000,000.00 38,145,998.74 206,731,368.12 107,981,932.09-6,539,860.97 35
2003.3.31 2002.12.31 2001.12.31 2000.12.31 1,046,575,927.82 931,355,605.51 820,603,768.09 390,586,106.44 2,869,335.00 2,869,335.00 3,105,000.00-293,698,326.15 246,878,522.49 122,343,992.23 138,716,627.04 47,757,664.87 30,800,383.66 23,627,843.70 241,554,887.77 16,793,278.28 7,279,078.73 12,668,987.08 9,336,114.69 16,204,439.90 16,743,899.87 16,371,309.98 13,337,807.71 2,538,846.92 2,795,981.62 2,107,309.41 2,070,310.97 1,426,437,818.94 1,238,722,806.88 1,000,828,210.49 795,601,854.62 103,052,978.54 103,480,357.58 98,086,814.29 21,796,330.39 103,052,978.54 103,480,357.58 98,086,814.29 21,796,330.39 547,112,861.46 548,613,307.17 531,627,047.89 513,505,062.48 289,112,614.47 282,521,139.08 246,134,155.02 209,915,558.97 258,000,246.99 266,092,168.09 285,492,892.87 303,589,503.51 8,439,086.39 8,439,086.39 8,439,086.39 7,693,954.08 249,561,160.60 257,653,081.70 277,053,806.48 295,895,549.43 97,098.60 433,916.08 3,983,020.15 51,161.96 115,469.25 249,709,421.16 257,653,081.70 277,487,722.56 299,994,038.83 52,682,100.95 53,061,044.48 53,594,318.60 52,670,611.76 13,826,626.36 15,174,387.60 12,126,489.65 7,349,117.21 66,508,727.31 68,235,432.08 65,720,808.25 60,019,728.97 1,845,708,945.95 1,668,091,678.24 1,442,123,555.59 1,177,411,952.81 39,388,557.78 34,104,770.74 19,056,212.08 13,360,494.42 21,037,009.23 8,531,708.49 9,190,970.39 6,601,646.61 13,867,530.42 16,316,576.60 8,791,306.86 851,679.16 2,154,871.14 4,978,037.35 4,237,129.07 5,773,441.02 144,331,387.66 145,771,387.66 145,119,559.51 42,880,173.10 56,206,342.76 37,427,977.61 2,204,647.25 38,863,204.69 41,483,739.03 48,778,139.60 72,272,624.02 58,559,766.23 143,662,647.99 79,745,255.50 48,976,222.55 36,933,985.45 11,739,128.91 3,107,295.09 2,578,121.30 1,101,381.60 473,871,214.92 378,761,148.64 312,426,793.03 204,925,772.28 473,871,214.92 378,761,148.64 312,426,793.03 204,925,772.28 99,523,745.41 88,720,411.14 71,766,948.60 73,346,535.87 600,000,000.00 600,000,000.00 600,000,000.00 600,000,000.00 299,978,256.97 299,978,256.97 299,978,256.97 299,978,256.97 93,900,493.37 93,900,493.37 49,969,624.90 5,701,248.66 30,724,025.85 30,724,025.85 16,390,010.62 1,872,238.17 278,435,235.28 206,731,368.12 107,981,932.09-6,539,860.97 1,272,313,985.62 1,200,610,118.46 1,057,929,813.96 899,139,644.66 1,845,708,945.95 1,668,091,678.24 1,442,123,555.59 1,177,411,952.81 36
2003 1 3 2002 329,966,569.63 834,657,884.22 54,374.07 2,342,900.13 15,405,463.99 39,981,923.87 345,426,407.69 876,982,708.22 90,260,441.67 233,403,275.23 52,033,189.94 157,541,341.87 33,187,432.25 93,522,724.87 56,282,638.91 108,156,542.57 231,763,702.77 592,623,884.54 113,662,704.92 284,358,823.68 117,441.76 950.00 1,793,779.54 950.00 1,911,221.30 4,278,537.60 33,099,963.04 7,240,000.00 1,297.15 4,279,834.75 40,339,963.04-4,278,884.75-38,428,741.74 7,500,000.00 2,670,000.00 87,020.95 7,587,020.95 2,670,000.00 1,440,000.00 138,974,449.96 974,449.96 310,518.81 1,750,518.81 138,974,449.96 5,836,502.14-136,304,449.96 1,126,205.44 115,220,322.31 110,751,837.42 37
1 2 71,703,867.16 286,680,304.50 3,303,334.27 9,909,740.16 6,873,878.53 6,591,475.39 39,291,961.59 378,943.53 1,433,274.12 1,347,761.24 5,066,096.38 25,713.47-688,672.21 8,631,833.82 529,173.79-950.00-520,360.84 161,381.81 : 427,379.04 2,080,674.95 : 539,459.97-372,589.89 : -63,777,084.87-139,240,210.65 : 84,490,971.90 73,154,171.44 113,662,704.92 284,358,823.68 3 1,046,575,927.82 931,355,605.51 931,355,605.51 820,603,768.09 115,220,322.31 110,751,837.42 38
2003 4 9 http://www.sse.com.cn 2002 2001 2000 3.27 3.20 3.86 3.23 3.15 3.79 22.11 23.15 23.32 5.09 6.42 5.29 % 23.44 21.73 17.34 % 22.70 21.66 17.48 % 0 0 0 % 0 0 0 2.00 1.76 1.50 0.48 0.49 0.33 0.47 0.61 0.33 % 0 0 0 9 2000 2002 2002 2001 2000 % % % 45.07% 45.04% 0.90 0.90 43.96% 44.40% 0.78 0.78 48.87% 0.73 0.73 30.98% 30.97% 0.62 0.62 30.23% 30.53% 0.53 0.53 35.35% 0.53 0.53 23.88% 23.86% 0.48 0.48 28.05% 28.33% 0.49 0.49 21.88% 0.33 0.33 18.63% 18.62% 0.37 0.37 18.77% 18.95% 0.33 0.33 22.78% 0.34 0.34 39
2003 1-3 % 1,845,708,945.95 1,668,091,678.24 10.65 1,272,313,985.62 1,200,610,118.46 5.97 2.12 2.00 5.97 2.09 1.97 6.20 % 113,662,704.92 113,662,704.92 0.120 0.120-1.64 5.64 5.64-7.54 5.65 5.65-7.68 ( ) -128,537.14-128,537.14 2003 1-3 24,681.69 16.3% 15,079.79 21.54% 7,170.39 2.10% 2002 2003 33% 2003 1-3 1 1 3 1 40
2003 3.84 4.5% 417.82 9.87% 14.24 3.34% 2002 2 2003 1,154 14.48% 19.07 33.60% 6,869 24.40% 2 1 2 3 3 1 2 3 4 5 41
12 2003 1 6 A 2002 6 30 224,064,644.29 144,000,000.00 0.24 / 2002 7 1 80,064,644.29 2002 42
1 2 3 4 43
1 2 2 28 3 4 010 6505 1166 5 010 6505 1156 6 44