张家界旅游集团股份有限公司 2019 年第一季度报告全文 张家界旅游集团股份有限公司 2019 年第一季度报告 2019-021 2019 年 04 月 1 张家界旅游集团股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人戴名清、主管会计工作负责人向秀及会计机构负责人(会计主管 人员)胡世忠声明：保证季度报告中财务报表的真实、准确、完整。 2 张家界旅游集团股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 54,266,913.74 | 56,564,818.73 | -4.06% | | 归属于上市公司股东的净利润（元） | -8 ...

Financial Performance - The company's operating revenue for 2018 was ¥468,393,862.58, a decrease of 14.78% compared to ¥549,649,581.84 in 2017[20] - The net profit attributable to shareholders for 2018 was ¥26,403,926.78, down 60.80% from ¥67,362,245.89 in 2017[20] - The net cash flow from operating activities was ¥147,534,262.86, a decline of 19.44% from ¥183,136,958.98 in the previous year[20] - Basic earnings per share for 2018 were ¥0.07, a decrease of 63.16% compared to ¥0.19 in 2017[20] - The weighted average return on net assets for 2018 was 1.69%, down from 6.48% in 2017[20] - The company reported a significant increase of 4,142.02% in net profit attributable to shareholders after deducting non-recurring gains and losses, reaching ¥21,179,284.52[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 21.18 million yuan, an increase of 4,142.02% compared to 0.50 million yuan in 2017[35] - The company achieved a weighted average return on equity of 1.69%, down from 6.48% in 2017, reflecting a decline of 4.79%[48] Assets and Liabilities - Total assets at the end of 2018 were ¥2,495,979,397.73, an increase of 6.84% from ¥2,336,210,978.50 at the end of 2017[20] - The net assets attributable to shareholders increased by 1.69% to ¥1,579,401,218.69 at the end of 2018 from ¥1,553,084,558.01 in 2017[20] - The company has significant liabilities, with short-term borrowings of 74,000,000 CNY and long-term borrowings of 393,000,000 CNY[69] - The company's fixed assets decreased by 2.53%, from 606,993,946 CNY in 2017 to 585,305,113 CNY in 2018[68] Cash Flow - The total cash inflow from operating activities decreased by 15.72% to ¥551,306,054.68 in 2018, compared to ¥654,100,407.39 in 2017[64] - The net cash flow generated from operating activities fell by 19.44% to ¥147,534,262.86 in 2018 from ¥183,136,958.98 in 2017[64] - The total cash outflow from investment activities decreased by 17.91% to ¥544,649,308.12 in 2018, compared to ¥663,461,034.65 in 2017[64] - The total cash inflow from financing activities dropped by 60.54% to ¥474,000,000.00 in 2018 from ¥1,201,234,157.77 in 2017[64] Operational Efficiency - Financial expenses, management expenses, and sales expenses decreased by 76.35%, 18.38%, and 28.56% respectively, enhancing the company's profitability[39] - The company implemented a series of cost control measures, significantly improving its operational efficiency[39] - The company initiated a revision of internal control systems to enhance management and operational efficiency[44] Future Plans and Growth - In 2019, the company plans to receive 7.1575 million visitors, a 19.99% increase from 5.9649 million in 2018[94] - The company aims to achieve operating revenue of 540.0167 million yuan in 2019, representing a 15.29% growth from 468.3939 million yuan in 2018[94] - The company plans to ensure the opening of the Dayong Ancient City by completing finishing works and preparing for core operations and team setup[99] - The company will actively seek external mergers and acquisitions to create new profit growth points[97] Shareholder and Governance - The company completed the election of a new board and management team, ensuring smooth operational continuity[36] - The company has committed to avoiding competition with its subsidiaries and ensuring the independence of its operations and finances[109] - The company has pledged to maintain its independence in personnel, assets, business, finance, and organization after the completion of the asset acquisition[112] - The company has made a commitment to ensure that the non-public offering does not dilute immediate returns and to implement measures to protect shareholder rights[116] Social Responsibility - The company fulfilled its social responsibility by allocating CNY 3.24 million for poverty alleviation efforts in 2018, including various infrastructure projects in multiple villages[141] - The company established a leadership group for poverty alleviation, emphasizing the importance of this initiative as a political responsibility[142] - A total of 47 individuals were lifted out of poverty through the company's initiatives[144] Employee and Management Structure - The total number of employees in the company is 1,139, with 770 in production, 39 in sales, 74 in technical roles, 38 in finance, and 218 in administration[199] - The compensation structure includes a base salary, performance-based pay, and seniority pay, with a mix of annual and monthly salary systems[200] - The total compensation for the board and senior management during the reporting period amounts to 360.4 million[197] Market Position and Competition - The company faces increasing competition from both local and external tourism enterprises, impacting its market position[91] - The company recognizes the need to adapt to changing tourism consumption patterns and explore new business models[89] - The company aims to strengthen its brand as "China's First Stock of Mountain and Water" through effective resource control and market expansion[93]

Financial Performance - The company's operating revenue for 2013 was ¥500,319,899.52, a decrease of 26.69% compared to ¥682,499,735.64 in 2012[22] - The net profit attributable to shareholders for 2013 was ¥52,206,066.79, down 48.41% from ¥101,197,817.92 in 2012[22] - The net cash flow from operating activities was ¥85,056,612.85, a decline of 31.63% from ¥124,408,030.57 in the previous year[22] - Basic earnings per share for 2013 were ¥0.1627, a decrease of 48.41% compared to ¥0.3154 in 2012[22] - The operating profit for 2013 was CNY 73,807,617.79, reflecting a decline of 44.63% from CNY 133,308,898.52 in 2012[34] - The net profit excluding non-recurring gains and losses was ¥51,248,119.34, a decrease of 48.15% from ¥98,830,043.48 in 2012[22] - The company reported a net profit of CNY 52,206,000.00 for the year, contributing to an increase in total equity[198] - The total profit for the current period is CNY 75,211,482.04, down from CNY 136,695,054.73 in the previous period, a decrease of about 45%[189] Assets and Liabilities - Total assets at the end of 2013 were ¥602,772,362.65, an increase of 17.5% from ¥513,006,771.55 at the end of 2012[22] - The total liabilities rose by 29.26% to CNY 169,196,594.08, up from CNY 130,892,994.61 in the previous year[34] - The total assets increased by 17.50% to CNY 602,772,362.65, compared to CNY 513,006,771.55 in 2012[34] - The total amount of non-operating funds occupied by controlling shareholders and their affiliates at the end of the reporting period is 0万元, accounting for 0% of the latest audited net assets[93] Cash Flow - The company's net cash flow from operating activities was CNY 85,056,612.85, down 31.63% from CNY 124,408,030.57 in 2012[34] - The net cash flow from operating activities decreased by 31.63% compared to the same period last year, primarily due to a reduction in revenue[49] - The total cash inflow from investment activities decreased by 49.97% year-on-year, mainly due to the previous year's receipt of 3.187 million yuan for land preparation costs related to the cable car project[49] - Cash inflow from financing activities increased by 112.83% year-on-year, driven by long-term borrowings of 97.5 million yuan for fixed asset investments and short-term borrowings of 42.65 million yuan for working capital[49] - The net cash flow from financing activities increased by 170.28% year-on-year, with long-term borrowings of 97.5 million yuan and repayments of 24 million yuan[49] - The total cash and cash equivalents at the end of the period increased to CNY 66,766,921.35 from CNY 48,820,473.83, reflecting a net increase of CNY 17,946,447.52[193] Visitor Statistics - The number of visitors to the company's main scenic spots decreased, with the Eco Transport receiving 2.68 million visitors, down 15.06% from 3.15 million in 2012[35] - The company plans to receive 5.05 million visitors in 2014, a 15.16% increase from 4.39 million visitors in 2013[40] - The number of passengers for the environmental protection passenger transport decreased by 16.76%, with operating revenue of 124.12 million yuan, a decline of 17.54% compared to last year[86] Future Projections - In 2014, the total tourism revenue in China is expected to reach 3.2 trillion yuan, a year-on-year increase of 10.00%[38] - The company aims for a 5% increase in visitor numbers and an 8% increase in total tourism revenue in 2014 compared to 2013[39] - The company plans to enhance tourism infrastructure, which is expected to improve the overall tourism environment and attract more visitors[82] - The company is focusing on market expansion and new product development to enhance future growth prospects[185] Investment and Projects - The total planned investment for the Yangjiajie cableway project is 170 million yuan, with 52.15 million yuan invested in the reporting period and a cumulative investment of 133.76 million yuan, achieving 78.68% of the project progress[75] - The Yangjiajie cableway project is progressing as planned, expected to start operations in the fourth quarter of 2013[87] - The company is currently developing the Yangjiajie cableway project, which is progressing as scheduled[82] Governance and Management - The company has maintained its current management team since May 2012, with terms set to end in May 2015[129] - The board of directors consists of 9 members, with a mix of backgrounds in government and business, indicating a diverse leadership team[131][132][133][134] - The company has established a transparent performance evaluation system for directors, supervisors, and senior management, ensuring compliance with legal regulations[147] - The company’s governance structure complies with the Company Law, Securities Law, and other relevant regulations, ensuring effective communication with shareholders[146] Audit and Compliance - The company received a standard unqualified audit opinion for its financial statements as of December 31, 2013[172] - The internal control audit report was consistent with the board's self-evaluation report[169] - The audit firm confirmed that the financial statements fairly reflect the company's financial position and results for the year ended December 31, 2013[175]