云南旅游(002059) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 315,457,444.56, representing a decline of 46.65% year-on-year [8]. - Net profit attributable to shareholders was a loss of CNY 32,505,432.70, a decrease of 217.94% compared to the same period last year [8]. - Basic earnings per share were -0.0321 CNY, a decrease of 218.01% year-on-year [8]. - The company reported a significant increase in non-recurring losses, with a net profit attributable to shareholders after deducting non-recurring gains and losses decreasing by 288.80% [8]. - The total profit for the same period was CNY -71.93 million, down 189.13% year-on-year, and the net profit attributable to shareholders was CNY -31.45 million, a decline of 150.73% [16]. - The net profit for Q3 2020 was a loss of CNY 74,169,891.27, compared to a profit of CNY 60,150,251.12 in Q3 2019, indicating a significant decline in profitability [52]. - The total comprehensive income for Q3 2020 was also a loss of CNY 74,169,891.27, contrasting with a gain of CNY 60,150,450.14 in the previous year [56]. Cash Flow - The net cash flow from operating activities was CNY 73,723,969.25, a significant improvement compared to the negative cash flow of CNY -112,887,175.62 in the previous year [8]. - The net cash flow from operating activities was CNY -391.08 million, a decrease of 371.16% year-on-year, primarily due to the impact of the pandemic on revenue [17]. - The net cash flow from financing activities was 463,284,262.67 CNY, a turnaround from -327,446,198.48 CNY in the previous year, primarily due to increased borrowings of 681,460,000.00 CNY [59]. - The net cash flow from operating activities for the year-to-date was -517,849,483.51 CNY, worsening from -121,579,205.23 CNY in the same period last year [60]. - The cash flow from operating activities decreased to CNY 1,600,045,480.74 in Q3 2020, down from CNY 2,674,116,923.59 in the same quarter last year [57]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,180,795,059.09, a decrease of 0.17% compared to the end of the previous year [8]. - Long-term equity investments decreased from CNY 2,476,053,083.73 at the end of 2019 to CNY 2,000,853,083.73 as of September 30, 2020, reflecting a decline of 19.2% [39]. - Current liabilities totaled CNY 2,731,028,095.29, a decrease of 4.3% from CNY 2,854,801,468.74 in the previous year [35]. - Non-current liabilities increased to CNY 997,410,159.15 from CNY 781,456,523.68, representing a growth of 27.7% [35]. - The total liabilities amounted to CNY 3,636,257,992.42, a decrease of CNY 12,179,445.79 compared to the previous period [67]. - The total owner's equity reached CNY 2,555,349,292.42, reflecting a decrease of CNY 6,344,969.39 from the prior period [67]. Shareholder Information - The total number of shareholders at the end of the reporting period was 40,333 [12]. - The largest shareholder, Yunnan Expo Tourism Holding Group Co., Ltd., held 35.74% of the shares [12]. Financial Adjustments and Standards - The company has adjusted its financial statements in accordance with new revenue and leasing standards, impacting various asset and liability accounts [63]. - The company has implemented new revenue recognition standards effective from January 1, 2020, impacting the financial reporting [67]. - The company has not adjusted the comparative data for prior periods due to the implementation of the new revenue standards starting January 1, 2020 [73]. Legal and Other Matters - The company is involved in a lawsuit regarding the performance of an asset purchase agreement, which is currently in the evidence examination stage [18]. - The company has not engaged in any repurchase transactions during the reporting period [13]. - The company has not engaged in any securities or derivative investments during the reporting period [21][22]. Research and Development - Research and development expenses were CNY 7,787,379.46, slightly up from CNY 7,325,289.65, indicating a focus on innovation [46]. - Research and development expenses for Q3 2020 were CNY 23,564,073.05, an increase from CNY 21,478,610.22 in Q3 2019, indicating a focus on innovation despite financial losses [54].