UTour (002707)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,260,575,501.70, representing a 748.28% increase year-over-year[1] - Net profit attributable to shareholders was ¥48,655,978.65, up 195.51% compared to the same period last year[1] - The net profit after deducting non-recurring gains and losses was ¥46,993,223.36, reflecting a 191.06% increase year-over-year[1] - The company reported a net loss of CNY 1,272,512,879.53 in retained earnings, slightly improved from a loss of CNY 1,286,645,576.72 in the previous period[16] - The net profit for Q3 2023 was CNY 12,555,759.06, a significant recovery from a net loss of CNY 161,161,650.32 in the same period last year[19] - Operating profit reached CNY 13,456,202.79, compared to an operating loss of CNY 169,286,984.17 in Q3 2022, indicating a turnaround in operational performance[19] - The total comprehensive income for Q3 2023 was CNY 7,948,406.92, a significant improvement from a total comprehensive loss of CNY 164,866,444.17 in Q3 2022[20] - The company reported a basic earnings per share of CNY 0.014, compared to a loss per share of CNY 0.145 in the same quarter last year[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,608,631,667.87, a 21.22% increase from the end of the previous year[1] - Total assets as of September 30, 2023, were CNY 2,608,631,667.87, compared to CNY 2,151,984,155.84 at the beginning of the year, reflecting a growth of about 21.2%[16] - Total liabilities increased to CNY 2,113,656,663.49 from CNY 1,664,957,558.38, indicating a rise of approximately 27.0%[15] - The company's total equity stood at CNY 494,975,004.38, up from CNY 487,026,597.46, showing a slight increase of about 1.9%[16] Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥111,016,975.00, a 140.29% increase year-to-date[7] - The cash flow from operating activities showed a net inflow of CNY 111,016,975.00, recovering from a net outflow of CNY 275,531,193.50 in Q3 2022[22] - Investment activities resulted in a net cash outflow of CNY 27,124,214.64, contrasting with a net inflow of CNY 139,807,787.60 in Q3 2022[22] - Financing activities led to a net cash outflow of CNY 123,341,884.66, compared to a net inflow of CNY 39,767,153.35 in the same quarter last year[22] Business Growth Indicators - Accounts receivable increased by 82.11% to ¥194,651,384.32 due to rapid business growth[5] - Prepayments surged by 558.54% to ¥436,248,734.44, driven by significant increases in advance payments for services[5] - Contract liabilities rose by 412.03% to ¥538,352,406.29, indicating strong business growth[7] - The company experienced a 647.46% increase in operating income year-to-date, totaling ¥2,053,011,392.82, primarily due to the recovery of outbound tourism business[7] - Total operating revenue for the third quarter reached CNY 2,053,011,392.82, a significant increase from CNY 274,666,615.18 in the same period last year, reflecting a growth of approximately 646.5%[17] - Total operating costs amounted to CNY 2,052,963,002.66, compared to CNY 437,021,459.92 in the previous year, indicating a rise of about 369.5%[17] Cash and Equivalents - The company's cash and cash equivalents decreased to CNY 651,458,770.60 from CNY 671,920,296.11 at the beginning of the year, a decline of approximately 3.4%[13] - Cash and cash equivalents at the end of the period were CNY 608,181,931.77, slightly down from CNY 615,735,330.17 at the end of Q3 2022[22] Other Financial Metrics - The weighted average return on equity was 6.86%, an increase of 32.64% compared to the same period last year[1] - The company experienced a foreign exchange loss of CNY 4,383,574.91, compared to a loss of CNY 3,379,994.52 in the previous year[20] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings and operational efficiency[14]