首旅酒店(600258) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was CNY 2,155,730,561.76, a decrease of 6.38% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 365,651,880.63, down 9.54% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 337,711,167.40, reflecting a decline of 13.75% compared to the previous year[3]. - The basic earnings per share for the quarter was CNY 0.3275, a decrease of 9.53% year-on-year[3]. - For the first nine months of 2024, the company reported total operating revenue of 5,888.75 million RMB, a slight decrease of 0.4% compared to the same period last year[11]. - The company reported a total profit of 988.76 million RMB for the first nine months of 2024, an increase of 2.9% year-on-year[11]. - The net profit for the first three quarters of 2024 reached CNY 731,110,691.96, an increase of 3.1% from CNY 709,120,099.87 in 2023[36]. - Earnings per share for the first three quarters of 2024 were CNY 0.6477, compared to CNY 0.6132 in the same period of 2023, reflecting a growth of 5.9%[36]. Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 25,478,227,181.31, an increase of 0.94% from the end of the previous year[3]. - The total assets decreased to CNY 16.28 billion in Q3 2024 from CNY 16.86 billion in Q3 2023, a decline of 3.4%[41]. - The total liabilities increased to approximately 4.59 billion, compared to 4.49 billion at the end of 2023[33]. - The total liabilities decreased to CNY 4.63 billion in Q3 2024 from CNY 5.18 billion in Q3 2023, a reduction of 10.6%[41]. - The company's total liabilities decreased to CNY 13,744,213,329.14 from CNY 13,967,224,014.58, a reduction of approximately 1.6%[34]. - The total equity attributable to shareholders increased to CNY 11,613,978,825.28, up from CNY 11,135,819,130.84, representing a growth of 4.3%[34]. Cash Flow - The company reported a net cash flow from operating activities of CNY 2,699,808,693.36, down 20.08% year-to-date[3]. - Total cash inflow from operating activities for the first three quarters of 2024 was CNY 8,024,776,356.34, an increase of 15.7% compared to CNY 6,938,600,474.43 in the same period of 2023[37]. - Cash outflow from operating activities increased to CNY 5,324,967,662.98, up from CNY 3,560,535,902.26 in the previous year, resulting in a net cash flow from operating activities of CNY 2,699,808,693.36, down 20% from CNY 3,378,064,572.17[37]. - The company's cash and cash equivalents at the end of September 2024 were CNY 1,376,701,095.67, down from CNY 1,561,378,601.08 at the end of 2023[38]. - The total current assets as of September 30, 2024, were CNY 2,457,235,161.64, a decrease from CNY 3,014,708,984.73 at the end of 2023[39]. Hotel Operations - In Q3 2024, the company's RevPAR (Revenue per Available Room) was 195 RMB, a year-on-year decrease of 6.0%[10]. - The hotel business generated operating revenue of 5,502.61 million RMB in the first nine months of 2024, down 0.5% year-on-year, while the scenic area operation revenue increased by 0.9% to 386.14 million RMB[10]. - The company opened 385 new hotels in the reporting period, with 232 of them being standard brand hotels, accounting for 60.3% of all new openings, an increase of 18.4 percentage points year-on-year[12]. - The number of mid-to-high-end hotels increased by 142, representing a year-on-year growth of 51.1%, with their room share rising to 41.4%[13]. - The company has 6,748 hotels as of September 30, 2024, including 2 overseas, with a total of 508,899 rooms, of which mid-to-high-end hotels account for 29.1%[16]. - The company reported a total of 1,598 economy hotels and 1,967 mid-range hotels as of September 30, 2024[20]. - The occupancy rate for mid-to-high-end hotels was 74.0%, down 1.3 percentage points year-over-year[27]. Investment and Development - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[36]. - The company completed the sample room creation and release of the business travel 2.5 iteration product during the reporting period, enhancing its product offerings[14]. - The company is focusing on enhancing member benefits through the "如 LIFE Club" membership system to increase customer loyalty and engagement[15]. Financial Management - The company reported a financial expense of CNY 270,817,459.65, a decrease from CNY 312,200,420.65 in the previous year, indicating improved cost management[35]. - The company's financial expenses decreased significantly to CNY 9.44 million in the first three quarters of 2024 from CNY 18.46 million in the same period of 2023, a reduction of 48.9%[42]. - The investment income for the first three quarters of 2024 was CNY 185.71 million, a substantial increase from CNY 15.01 million in the same period of 2023[42].