2018 年第一季度报告 二零一八年四月 1 / 16 | 一、重要提示 | 3 | | --- | --- | | 二、公司基本情况 | 3 | | 三、重要事项 | 5 | | 四、附录 | 6 | 2018 年第一季度报告 一、 重要提示 2018 年第一季度报告 公司代码：603032 公司简称：德新交运 德力西新疆交通运输集团股份有限公司 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 本报告期末 上年度末 本报告期末 比上年度末 增减(%) 总资产 493,009,785.66 491,336,207.19 0.34 归属于上市公司股东的净资产 433,765,390.55 434,082,953.20 -0.07 年初至报告期末 上年初至上年报告 期末 比上年同期 增减(%) 经营活动产生的现金流量净额 -2,793,744.15 -248,173,620.99 -98.87 年初至报告期末 上年初至上年报告 期末 比上年同期 增减（%） 营业收入 32,307,732.03 48,577,958.92 -33.49 归属于上市公司股东的净 ...

Financial Performance - In 2017, the company's operating revenue was CNY 197.34 million, a decrease of 22.93% compared to CNY 256.05 million in 2016[21]. - The net profit attributable to shareholders was CNY 27.10 million, down 46.61% from CNY 50.76 million in the previous year[21]. - The net cash flow from operating activities was CNY 18.47 million, a significant decline of 76.68% from CNY 79.21 million in 2016[22]. - The total assets at the end of 2017 were CNY 491.34 million, a slight decrease of 0.76% from CNY 495.10 million at the end of 2016[22]. - The company's net assets attributable to shareholders increased by 3.00% to CNY 434.08 million from CNY 421.44 million in 2016[22]. - Basic earnings per share decreased by 60.78% to CNY 0.20 from CNY 0.51 in 2016[23]. - The weighted average return on equity was 13.29%, down 8.24 percentage points from 21.53% in the previous year[23]. - The company reported a total comprehensive income attributable to the parent company of CNY 27,101,329.13, down from CNY 50,760,253.67 in the previous year[175]. Operational Metrics - The company completed a total passenger volume of 169.42 million in the reporting period, a decrease of 24.24% year-on-year, while passenger turnover was 72,821.73 million person-kilometers, down 28.14% year-on-year[31]. - The company achieved a transportation turnover of 81,000.5 million kilometers, a decrease of 28.15% year-on-year[44]. - Passenger volume reached 1.6942 million, down 24.24% compared to the previous year[44]. - The company completed 43,619.5 trips, a reduction of 5,146.5 trips year-on-year[44]. Cash Flow and Investments - The company's cash flow from operating activities showed significant fluctuations, with a positive cash flow of CNY 259,164,819.13 in Q2[25]. - The company's investment activities generated a net cash outflow of -303,461,862.71, a decrease of 1905.27% compared to 16,809,780.01 in the same period last year[56]. - The company reported a significant decrease in cash and cash equivalents, ending the year with CNY 83,000,902.32, down from CNY 387,471,678.28[178]. Strategic Initiatives - The company has identified multiple merger and acquisition projects to enhance sustainable development, focusing on the tourism and transportation industries[35]. - The company aims to adapt to market demands through "Internet + Smart Transportation" strategies, driving innovation and transformation[35]. - The company plans to accelerate project reserves and expand through acquisitions in the passenger and freight transport sectors[43]. - The company is planning a major asset restructuring with the local government, which may facilitate its transformation and development[36]. Risk Management - The report includes a risk statement regarding future plans and development strategies, emphasizing the importance of investor caution[6]. - The company faces competition risks from railway passenger transport in Xinjiang, which may impact its road transport business due to new train services[78]. - Safety accident risks remain inherent in the road transport industry, with the company implementing internal controls and GPS monitoring to mitigate these risks[80]. - The company anticipates performance decline risks due to industry competition and local government projects affecting its operational environment[83]. Shareholder Information - The company has established a cash dividend policy, with a plan to distribute a cash dividend of CNY 1.00 per 10 shares for the 2016 fiscal year, totaling CNY 13.34 million[85]. - The top shareholder, Delixi Xinjiang Investment Group Co., Ltd., holds 68,000,000 shares, representing 51.00% of the total shares[117]. - The actual controller is Hu Chengzhong, who is also the chairman and president of Delixi Group Co., Ltd.[123]. - The company has no strategic investors or general legal entities among the top 10 shareholders[121]. Corporate Governance - The company has established a profit distribution policy that prioritizes cash dividends, with a clear shareholder return plan to be formulated every three years[93]. - The company has maintained a stable leadership structure with no changes in shareholding for key executives during the reporting period[131]. - The company has a total of 14 board members and senior executives, reflecting a robust governance structure[132]. - The independent directors did not raise any objections regarding company matters during the reporting period[148]. Social Responsibility - The company has engaged in various poverty alleviation activities, aligning with the regional government's initiatives, including donations and support programs[102]. - The company reported a total of 28.086 million RMB in overall funding for poverty alleviation efforts in 2017[105]. - The company plans to continue its poverty alleviation initiatives in 2018, focusing on educational support and assistance to disaster-stricken areas[106].

Financial Performance - Net profit attributable to shareholders decreased by 49.72% to CNY 21,351,993.54 for the year-to-date period[7] - Operating income fell by 22.02% to CNY 156,368,098.31 compared to the same period last year[7] - Basic earnings per share decreased by 61.90% to CNY 0.16[7] - Total operating revenue for the third quarter was ¥58,729,304.38, a decrease of 26.5% compared to ¥79,768,563.53 in the same period last year[25] - Total operating costs amounted to ¥51,431,327.92, down 26.6% from ¥69,988,703.10 year-over-year[25] - Operating profit for the quarter was ¥10,429,598.94, representing an increase of 6.6% from ¥9,779,860.43 in the previous year[26] - Net profit attributable to shareholders was ¥8,905,738.94, up 5.6% from ¥8,433,896.08 in the same quarter last year[27] - Total profit for the quarter reached ¥10,403,984.79, a slight increase from ¥9,975,503.92 year-over-year[26] - Total comprehensive income for the quarter was ¥8,921,039.23, an increase from ¥8,362,521.50 year-over-year[27] Cash Flow - Net cash flow from operating activities decreased by 42.40% to CNY 18,315,927.49 year-to-date[7] - Cash inflow from operating activities for the first nine months of 2017 was ¥177,069,582.38, a decrease of 17.1% from ¥213,785,557.64 in the same period of 2016[33] - Net cash flow from operating activities for the first nine months of 2017 was ¥18,315,927.49, down 42.5% from ¥31,796,603.48 in the previous year[33] - Cash inflow from investment activities for the first nine months of 2017 totaled ¥664,545,745.51, compared to ¥360,333,872.05 in the same period of 2016, marking an increase of 84.4%[33] - Net cash flow from investment activities for the first nine months of 2017 was -¥264,559,941.53, worsening from -¥47,092,937.10 in the previous year[33] - Total cash outflow from financing activities for the first nine months of 2017 was ¥18,420,848.70, compared to ¥79,243.93 in the same period of 2016[34] - The company reported a net increase in cash and cash equivalents of -¥264,661,617.54 for the first nine months of 2017, compared to -¥15,375,966.16 in the previous year[34] Assets and Liabilities - Total assets increased by 0.70% to CNY 498,583,486.51 compared to the end of the previous year[7] - Current assets totaled CNY 416,003,444.06, up from CNY 404,043,545.61, indicating an increase of about 2.4%[17] - Accounts receivable rose to CNY 13,337,663.96 from CNY 8,501,775.09, representing a significant increase of approximately 56.5%[17] - Non-current assets decreased to CNY 82,580,042.45 from CNY 91,057,386.01, a decline of about 9.3%[18] - Total liabilities decreased to CNY 68,468,292.01 from CNY 72,128,029.75, showing a reduction of approximately 5.5%[19] - Owner's equity increased to CNY 430,115,194.50 from CNY 422,972,901.87, reflecting a growth of about 1.7%[19] - The company reported a total equity attributable to shareholders of CNY 428,818,174.71, up from CNY 421,443,129.00, indicating an increase of about 1.1%[19] - Cash and cash equivalents decreased to CNY 122,810,060.74 from CNY 387,471,678.28, a decline of approximately 68.3%[17] - Long-term payables decreased to CNY 18,625,983.58 from CNY 23,215,858.10, a reduction of approximately 19.5%[18] Expenses - Non-operating income decreased by 90.30% to CNY 2,250,022.58 year-to-date[12] - Management expenses for the quarter were ¥12,432,045.43, down from ¥14,716,357.83 in the previous year[26] - The company experienced a tax expense of ¥1,482,945.56 for the quarter, compared to ¥1,612,982.42 in the same period last year[26]

Financial Performance - The company's operating revenue for the first half of the year was ¥97,638,793.93, a decrease of 19.15% compared to ¥120,759,138.77 in the same period last year[24]. - Net profit attributable to shareholders was ¥12,446,254.60, down 63.43% from ¥34,031,481.55 year-on-year[24]. - Basic earnings per share decreased by 73.53% to ¥0.09 from ¥0.34 in the previous year[25]. - The weighted average return on equity fell by 12.48 percentage points to 2.92% from 15.40%[26]. - The net cash flow from operating activities was ¥10,991,198.14, a decline of 37.41% compared to ¥17,561,682.55 last year[24]. - The company achieved a total transportation turnover of 41.9463 million ton-kilometers, a decrease of 20.35% year-on-year, and a passenger volume of 855,900, down 20.89% year-on-year[44]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in the first half of 2017, representing a 15% year-over-year growth[61]. - The company provided a positive outlook for the second half of 2017, projecting a revenue growth of 10% to 12%[61]. Business Strategy and Development - The company aims to expand into logistics and tourism transportation to diversify its business model[7]. - The company has established a dual-driven strategic development approach focusing on "main business innovation + business transformation" to adapt to market demands[37]. - The company is actively pursuing mergers and acquisitions to enhance resource integration and develop a strategic model that includes various transportation services[37]. - The company aims to leverage the growing tourism industry in Xinjiang and the "Belt and Road" initiative to expand its business opportunities[36]. - The company is adjusting its business strategy to include customized bus lines and tourism charter services to counteract the decline in traditional passenger flow[43]. - The company is focusing on the integration of transportation and tourism, leveraging national policies to enhance the tourism market and create new opportunities[43]. Risks and Challenges - The company reported a decline in passenger turnover due to the impact of new railway lines, with a significant effect from the "North Xinjiang Star" and "South Xinjiang Star" intercity trains[7]. - The company acknowledges the risk of performance decline due to the ongoing impact of terrorist events and the development of railway passenger transport in Xinjiang[11]. - The company is facing inherent risks in road transportation, including traffic safety incidents and passenger station safety hazards, which could lead to financial losses[8]. - The transportation industry is facing increased competition from railways, impacting the company's market performance[33]. - The company continues to face potential risks, which are detailed in the report's risk warning section[57]. Assets and Liabilities - The total assets at the end of the reporting period were ¥501,175,141.15, an increase of 1.23% from ¥495,100,931.62 at the end of the previous year[24]. - Cash and cash equivalents decreased by 74.25% from the previous period, totaling 99,785,667.07, which accounted for 19.91% of total assets[51]. - Other current assets increased significantly by 36,484.63%, reaching 296,811,300.62, representing 59.22% of total assets[51]. - Total liabilities decreased from ¥72,128,029.75 to ¥66,362,300.24, a reduction of about 8.5%[92]. - Owner's equity increased to ¥434,812,840.91 from ¥422,972,901.87, reflecting a growth of approximately 2.0%[92]. Shareholder Information - As of the end of the reporting period, the total number of common stock shareholders was 2,937[79]. - The largest shareholder, Delixi Xinjiang Investment Group Co., Ltd., holds 68 million shares, representing 51% of the total shares[81]. - The second-largest shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Management Co., Ltd., holds 26.666 million shares, accounting for 20% of the total shares[81]. Corporate Social Responsibility - The company allocated a total of 20.075 million RMB for poverty alleviation efforts in the first half of 2017, including 20 million RMB in funds and 0.075 million RMB in material donations[74]. - The company plans to continue its poverty alleviation initiatives by focusing on employment opportunities for local youth and supporting education in impoverished areas, particularly in southern Xinjiang[75]. - The company is committed to enhancing its corporate social responsibility by actively participating in disaster relief and community support initiatives[75]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle, indicating the company has the ability to continue operations for at least 12 months[125]. - The company adheres to the Chinese Accounting Standards, ensuring the financial statements reflect a true and complete picture of its financial status[126]. - The company has not experienced any changes in its accounting policies or significant accounting errors during the reporting period[77]. - The company recognizes expected liabilities when obligations are present, likely leading to economic outflows, and amounts can be reliably measured[182]. Taxation - The corporate income tax rate for the passenger transport industry is 25%, reduced to 15% under certain conditions, while the maintenance center and express company benefit from a reduced rate of 10%[196]. - The company enjoys a corporate income tax reduction to 15% based on the Western Development tax incentive policy, applicable for a period of 10 years[197]. - The company has received tax notifications confirming its eligibility for reduced tax rates, enhancing its financial performance and cash flow[198].

Financial Performance - The company's operating revenue for the first half of the year was ¥100,431,670.12, a decrease of 16.83% compared to ¥120,759,138.77 in the same period last year [24]. - Net profit attributable to shareholders was ¥12,446,254.60, down 63.43% from ¥34,031,481.55 year-on-year [24]. - The basic earnings per share decreased by 73.53% to ¥0.09 from ¥0.34 in the previous year [25]. - The weighted average return on equity fell by 12.48 percentage points to 2.92% from 15.40% [26]. - The net cash flow from operating activities was negative at ¥282,215,925.67, compared to a negative ¥6,438,317.45 in the same period last year, representing a significant decline of 4,283.38% [24]. - The company achieved a total transportation turnover of 41.9463 million ton-kilometers, a decrease of 20.35% year-on-year, and a passenger volume of 855,900, down 20.89% year-on-year [44]. - The company reported an operating income of 100.43 million yuan, a decrease of 16.83% compared to the same period last year, and a net profit attributable to shareholders of 12.4463 million yuan, down 63.43% year-on-year [44]. Operational Challenges - The company reported a decline in passenger turnover due to the opening of new railway lines, with a significant impact from the "North Xinjiang Star" and "South Xinjiang Star" intercity trains [7]. - The ongoing threat of regional terrorist incidents has negatively impacted local tourism and travel willingness, leading to potential revenue loss for the company [9]. - The company anticipates further performance decline due to the continuous impact of terrorist events and the development of railway passenger transport in Xinjiang [11]. - The company faces inherent risks related to traffic safety accidents and passenger station safety, despite implementing internal control systems and installing GPS monitoring devices [8]. Strategic Initiatives - The company plans to enhance vehicle quality and service, adjust departure times and frequencies, and actively promote the construction of an information-based ticketing system to mitigate adverse effects [7]. - The company has established a dual-driven strategic development approach focusing on "main business innovation + business transformation" to adapt to market demands [37]. - The company is actively pursuing mergers and acquisitions to enhance resource integration and expand its market presence in the transportation sector [37]. - The company is focusing on the integration of transportation and tourism, leveraging national policies to boost the tourism market and enhance operational strategies [43]. - The company is focusing on expanding its business in ecological tourism and cross-border tourism, leveraging its geographical advantages [36]. Financial Position - The company's total assets increased by 1.23% to ¥501,175,141.15 from ¥495,100,931.62 at the end of the previous year [24]. - Cash and cash equivalents decreased by 74.25% from the previous period, amounting to 99,785,667.07, representing 19.91% of total assets [49]. - Other current assets increased significantly by 36,484.63%, reaching 296,811,300.62, which is 59.22% of total assets [49]. - The company's retained earnings increased by 10.55% to 130,444,253.26, representing 26.03% of total equity [50]. - The company approved a capital increase for its subsidiary, New International Transport, raising its registered capital from 3 million to 10 million, an increase of 700,000 [53]. Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 2,937, with no changes in the share capital structure [78]. - The largest shareholder, Delixi Xinjiang Investment Group Co., Ltd., holds 68 million shares, representing 51% of the total shares [81]. - The second-largest shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Management Co., Ltd., holds 26.67 million shares, accounting for 20% of the total shares [81]. - The company has committed to a profit distribution policy prioritizing cash dividends, with a clear shareholder return plan established every three years [66]. Tax and Regulatory Compliance - The corporate income tax rate for the main company is 15%, while the maintenance center and express company benefit from a reduced rate of 10% [196]. - The company enjoys a 15% corporate income tax rate reduction under the Western Development tax incentive policy, applicable for 10 years [197]. - The company's transportation revenue is subject to a simplified VAT rate of 3% since May 1, 2016, with other services taxed at rates of 5%, 6%, 11%, and 17% depending on the service type [194]. - The company has implemented a tax strategy that includes various VAT and business tax exemptions for its subsidiaries [200]. Social Responsibility - The company allocated a total of 200.75 million RMB for targeted poverty alleviation efforts in the first half of 2017, including 20 million RMB in funds and 0.075 million RMB in material donations [74]. - The company plans to continue its poverty alleviation initiatives by focusing on employment opportunities for local youth and supporting education in impoverished areas, particularly in southern Xinjiang [75]. - The company has committed to innovative poverty alleviation measures in response to market competition and economic pressures, aiming to contribute positively to the region's development by 2020 [75].

2017 年第一季度报告 公司代码：603032 公司简称：德新交运 德力西新疆交通运输集团股份有限公司 2017 年第一季度报告 1 / 15 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 6 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 非经常性损益项目和金额 √适用 □不适用 | | | 单位：元 币种：人民币 | | --- | --- | --- | | 项目 | 本期金额 | 说明 | | 非流动资产处置损益 | 39,936.18 | 11,466.61 | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合 | 22,416.06 | 22,416.06 | | 国家政策规定、按照一定标准定额或定量持续享受的政府补助除外 | | | | 委托他人投资或管理资产的损益 | | 811,791.78 | | 除上述各项之外的其他营业外收入和支出 | 19,133.60 | -4,952.58 | | 所得税影响额 | -12,222.88 ...

Financial Performance - The company's operating revenue for 2016 was CNY 256,045,518.08, a decrease of 21.90% compared to CNY 327,846,553.32 in 2015[20] - The net profit attributable to shareholders of the listed company was CNY 50,760,253.67, an increase of 18.00% from CNY 43,015,505.66 in the previous year[20] - The net cash flow from operating activities was CNY 79,214,879.66, representing a 41.74% increase compared to CNY 55,887,365.78 in 2015[21] - The total assets at the end of 2016 amounted to CNY 495,100,931.62, a 66.60% increase from CNY 297,178,041.99 in 2015[21] - The basic earnings per share for 2016 was CNY 0.51, an increase of 18.60% from CNY 0.43 in 2015[22] - The weighted average return on net assets was 21.53%, an increase of 1.46 percentage points compared to 20.07% in 2015[22] - The company achieved a total operating revenue of CNY 256.05 million, completing 91.91% of the annual plan, a decrease of 21.90% compared to the previous year[41] - The company’s main business income from passenger transport was CNY 203.11 million, a decrease of 23.74% compared to the previous year, with a gross margin of 24.88%[45] - The company’s operating profit was CNY 36.44 million, achieving 91.37% of the annual plan, down 24.39% from the previous year[40] - The company reported a net profit margin improvement, with net profit increasing to CNY 36,439,843.25 from CNY 24,195,545.00, a growth of 50.7%[160] Cash Flow and Assets - As of the end of the reporting period, cash and cash equivalents increased by 219.31% to ¥387,471,678.28, primarily due to the funds raised from the initial public offering of A-shares and the maturity of the company's financial products[52] - The company's accounts receivable decreased by 26.21% to ¥8,501,775.09, while prepayments dropped by 59.13% to ¥2,060,577.49, attributed to the transfer of listing intermediary fees related to the IPO[52] - The total equity increased by 33.34% to ¥133,340,000.00, reflecting the successful completion of the initial public offering approved by the China Securities Regulatory Commission[53] - The company's capital reserve rose by 768.51% to ¥143,932,209.12, mainly due to the funds raised from the IPO being recorded as capital surplus[53] - The company reported a significant increase in non-operating income, which rose to CNY 23,363,228.12 from CNY 2,920,740.47 in the previous year[161] - The total cash and cash equivalents at the end of the period reached CNY 378,060,614.56, up from CNY 113,838,516.49 at the beginning of the year[169] Shareholder Information - The company distributed a cash dividend of 1.00 yuan per 10 shares for the 2016 fiscal year, totaling 1.33 million yuan[76] - The cash dividend policy emphasizes a minimum distribution ratio, enhancing transparency and operational feasibility in profit distribution[75] - The company has committed to a cash dividend distribution policy, prioritizing cash dividends for shareholders and planning to establish a clear shareholder return plan every three years[83] - The actual controller and shareholders have made commitments regarding share transfer restrictions, with a lock-up period of 36 months for certain shareholders[79] - The largest shareholder, Delixi Xinjiang Investment Group Co., Ltd., holds 68,000,000 shares, representing 51.00% of the total shares[115] - The second largest shareholder, Xinjiang Uygur Autonomous Region State-owned Assets Investment and Operation Co., Ltd., holds 26,666,000 shares, accounting for 20.00%[115] Strategic Initiatives - The company is positioned to benefit from the ongoing development of transportation infrastructure in Xinjiang, which is part of the national "Belt and Road" initiative[33] - The company aims to leverage the growth of the tourism sector in Xinjiang by integrating transportation and tourism services[31] - The company plans to accelerate its strategic transformation by integrating passenger transport with tourism services, leveraging the "Internet+" model[39] - The company aims to strengthen its road passenger transport business and modernize its service and management information systems, leveraging the "Belt and Road" initiative[59] - The company is focusing on expanding its logistics and customized travel services, enhancing its core competitiveness and risk resistance through mergers and acquisitions[59] Governance and Management - The management team possesses extensive experience in the transportation industry, contributing to the company's operational stability and governance[36] - The company has established a scientific and efficient salary assessment system that links employee income with responsibilities, risks, and company performance[137] - The company has maintained a stable leadership structure with no changes in key positions during the reporting period[130] - The company continues to focus on maintaining strong governance practices with independent oversight from its board of directors[130] - The company has established various governance documents and rules to enhance its governance level in compliance with relevant laws and regulations[141] Social Responsibility - The company donated a total of RMB 107,880 and provided material assistance valued at RMB 11,000 for disaster relief and poverty alleviation efforts in 2016[99] - The company plans to continue its support for education in impoverished areas by donating funds and materials to schools and students in southern Xinjiang[103] - The company established a special poverty alleviation fund to support local schools and participate in disaster relief activities[98] - The company aims to create job opportunities for local youth as part of its commitment to social responsibility[103] - The company emphasized its role in contributing to social stability and long-term peace in Xinjiang through its charitable activities[99] Risks and Challenges - The competitive landscape in the transportation industry is intensifying, particularly due to the rapid development of railway transport, impacting the company's performance and profit margins[31] - The company faces risks from competition with rail transport, which may impact passenger transport volumes due to new railway lines being opened[69] - Safety accident risks remain a concern, with the company implementing internal controls and safety monitoring systems to mitigate potential impacts[70] - The company anticipates a decline in performance due to the opening of new railway lines and reduced travel willingness among residents following security incidents[73]