云南旅游(002059) - 2021 Q1 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 227,188,200.39, an increase of 5.24% compared to the same period last year[8]. - The net profit attributable to shareholders was CNY 4,018,082.13, a significant turnaround from a loss of CNY 27,159,172.19 in the previous year, representing a 114.79% increase[8]. - The net cash flow from operating activities was CNY 467,223,811.46, a substantial increase of 321.93% year-on-year[8]. - Basic and diluted earnings per share were CNY 0.0040, compared to a loss of CNY 0.0268 per share in the same period last year, marking a 114.93% improvement[8]. - The company reported a profit before tax of CNY -85,320, an increase of 97.66% compared to the same period last year[16]. - The estimated net profit attributable to shareholders for the period from the beginning of the year to the next reporting period is projected to be between CNY 15 million and CNY 22 million, representing a significant increase of approximately 1,319.38% to 1,981.76% compared to the same period last year[21]. - Basic earnings per share are expected to grow to between CNY 0.0148 and CNY 0.0217, reflecting an increase of approximately 1,380.00% to 2,070.00% year-on-year[21]. - The company anticipates increased operating revenue and total profit due to the easing of the COVID-19 pandemic and the smooth progress of major projects[21]. Cash Flow and Investments - Cash inflow from investment activities was CNY 87,213,500, an increase of 143.44% year-on-year[17]. - Cash outflow from financing activities was CNY 141,572,700, an increase of 34.46% compared to the previous year[17]. - As of March 31, 2021, cash and cash equivalents amounted to CNY 1,700,163,665.31, an increase from CNY 1,317,747,738.90 at the end of 2020[30]. - The company is planning to transfer 100% equity of a subsidiary, which is expected to generate an investment income of approximately CNY 68 million, pending shareholder approval[21]. - The company reported a significant increase in cash received from other operating activities, totaling ¥663,524,121.37 compared to ¥165,770,885.13 in the previous period, representing a growth of 299.5%[48]. - The cash outflow for investing activities was ¥42,998,913.79, down from ¥200,844,093.58, indicating a decrease of 78.6%[49]. - The net cash flow from investing activities was positive at ¥87,213,490.82, compared to a negative cash flow of ¥200,785,083.61 in the previous period[49]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,358,359,420.56, a decrease of 5.59% from the end of the previous year[8]. - Total current assets decreased to CNY 2,585,020,920.40 from CNY 2,901,771,468.95 at the end of 2020[31]. - Total liabilities decreased to CNY 2,804,625,432.48 from CNY 3,115,346,039.85 at the end of 2020[33]. - The total assets of the company as of March 31, 2021, were CNY 5,358,359,420.56, down from CNY 5,675,828,255.11 at the end of 2020[33]. - The company reported a decrease in accounts payable to CNY 268,369,034.40 from CNY 312,207,657.76 at the end of 2020[32]. - The company's total assets decreased to CNY 3,578,961,323.20 from CNY 4,011,099,972.50, a decline of about 10.8%[38]. - Total liabilities decreased to CNY 1,088,968,250.97 from CNY 1,515,646,563.83, a reduction of about 28.2%[38]. Operational Costs and Expenses - Total operating costs decreased to CNY 231,818,358.10 from CNY 251,054,770.34, representing a reduction of approximately 7.7%[40]. - The company reported a significant increase in interest expenses, rising to CNY 20,649,869.98 from CNY 9,964,790.58, an increase of approximately 107%[41]. - Research and development expenses increased to CNY 8,719,529.16 from CNY 7,880,429.73, reflecting a growth of about 10.7%[41]. - The company incurred financial expenses of ¥8,668,996.11, which increased from ¥5,112,153.86, reflecting a rise of 69.1%[44]. - The interest expenses for the current period were ¥9,611,585.39, up from ¥5,567,034.16, indicating a rise of 72.7%[44]. Quarterly Performance - Total operating revenue for Q1 2021 was CNY 227,188,200.39, an increase of 5.8% compared to CNY 215,866,759.79 in Q1 2020[40]. - Net profit for Q1 2021 was a loss of CNY 5,444,852.60, an improvement from a loss of CNY 41,188,143.34 in the same period last year[42]. - In Q1 2021, the net cash flow from financing activities was -133,834,167.33 CNY, compared to -279,119,298.06 CNY in the same period of 2020, indicating a 52% improvement year-over-year[52]. - The total cash and cash equivalents at the end of Q1 2021 amounted to 822,297,897.01 CNY, a significant increase from 104,582,031.00 CNY at the end of Q1 2020[52]. Other Information - The company focused on its strategic positioning as a "comprehensive service provider for all-domain tourism" during the reporting period[16]. - The first quarter report for 2021 was not audited[61]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[18]. - The company has implemented the new leasing standards starting January 1, 2021, which required adjustments to the financial statements[57].