OMAB Latest Report

Financial Performance

OMAB's total operating revenue at December 31, 2024 was US$4.115 billion, up 5.67% from US$3.709 billion in 2023, reflecting positive development in the company's operating revenue and suggesting business expansion and increased market demand.

Key Financial Data

1. Operating revenue increased from US$3.709 billion in 2023 to US$4.115 billion in 2024, a growth rate of 5.67%.

2. Sales costs decreased from US$1.172 billion to US$1.168 billion, indicating the company's cost control ability.

3. Gross profit rose from US$2.538 billion to US$2.947 billion, showing improvement in the company's profitability.

4. Passenger traffic reached 7.1 million in the fourth quarter of 2024, up 4.6% from the same period in 2023.

5. 28 new routes were added in 2024, 12 domestic and 16 international, increasing service diversity and coverage.

Industry Comparison

1. Industry-wide analysis: The aviation transportation industry is experiencing recovery, with overall market demand gradually recovering. The overall revenue of airlines in 2024 is expected to grow by 5%-10%, consistent with OMAB's revenue growth trend, indicating OMAB's favorable position in the industry recovery.

2. Peer evaluation analysis: OMAB's operating revenue growth rate of 5.67% is higher than the industry average of 5%. This indicates that OMAB performs well in market competition and has good business execution ability.

Summary

Overall, OMAB's financial performance in 2024 is better than the industry average, with operating revenue growth and gross profit improvement reflecting the company's competitive advantage in market competition and cost control. However, the short-term fluctuation in passenger traffic shows the complexity of market demand, and future attention should be paid to industry dynamics and company strategies.

Opportunities

1. The launch of new routes will help further enhance market share and attract more passengers.

2. With the recovery of air travel, OMAB can leverage the growth in market demand to continue to increase revenue.

3. The effectiveness of cost control strategies will support future profitability.

Risks

1. Fluctuations in passenger traffic may affect the company's short-term revenue performance and require attention to market demand changes.

2. The operating risks of new routes may lead to lower-than-expected initial investment returns.

3. Intensified competition within the industry may affect the company's future market position and pricing ability.