BTG Hotels(SH:600258)2014-04-25 16:00Financial Performance - The total revenue for the first quarter of 2014 was approximately RMB 2.13 billion, representing a decrease of 18% compared to the previous year[11]. - The net profit attributable to shareholders was RMB 324 million, down 439% year-on-year[11]. - The earnings per share (EPS) for the quarter was RMB 0.39, reflecting a decline of 49% compared to the same period last year[11]. - The company's total revenue for March 2014 was approximately RMB 670.39 million, a decrease from RMB 795.45 million in March 2013, representing a decline of about 15.7%[25]. - The net profit for March 2014 was approximately RMB 39.12 million, compared to RMB 41.55 million in March 2013, reflecting a decrease of about 5.8%[25]. - The company reported an operating profit of approximately RMB 55.16 million for March 2014, compared to RMB 57.51 million in March 2013, indicating a decrease of about 4.1%[25]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,449[14]. - The largest shareholder, Beijing Capital Tourism Group, holds 60.12% of the shares, totaling 139,108,056 shares[14]. Operating Income and Expenses - The company reported a decrease in operating income, with a total of RMB -206.65 million in other operating income and expenses[13]. - The total operating costs for March 2014 were approximately RMB 613.03 million, down from RMB 736.35 million in March 2013, indicating a reduction of about 16.7%[25]. Assets and Liabilities - The total assets as of March 31, 2014, amounted to approximately RMB 2.13 billion, slightly down from RMB 2.17 billion as of December 31, 2013[23]. - The total liabilities as of March 31, 2014, were approximately RMB 796.17 million, a decrease from RMB 878.28 million as of December 31, 2013, showing a reduction of about 9.3%[23]. - The company's total equity attributable to shareholders of the parent company as of March 31, 2014, was approximately RMB 1.10 billion, an increase from RMB 1.07 billion as of December 31, 2013[23]. Cash Flow - The company's cash and cash equivalents as of March 31, 2014, were approximately RMB 280.73 million, down from RMB 298.78 million as of December 31, 2013, indicating a decrease of about 6.0%[21]. - The net cash flow from operating activities was $61,627,181.06, a decrease from $64,456,230.49 in the previous year, reflecting a decline of approximately 4.3%[27]. - Total cash inflow from operating activities amounted to $729,729,643.52, compared to $739,943,592.60 in the prior year, indicating a decrease of about 1.4%[27]. - Cash outflow from operating activities was $668,102,462.46, up from $675,487,362.11, showing a reduction of approximately 1.1%[27]. - The ending cash and cash equivalents balance was $280,727,787.23, down from $307,949,575.78, a decrease of approximately 8.8%[27]. - The company experienced a net decrease in cash and cash equivalents of $18,054,393.12, compared to a decrease of $101,052,789.04 in the previous year[27]. Investment and Financing Activities - The net cash flow from investing activities was -$3,955,228.23, a significant decline from -$99,043,479.37 in the previous year[27]. - Cash inflow from investing activities totaled $2,116,272.00, compared to $1,427,473.46 last year, representing an increase of about 48.4%[27]. - Cash outflow from investing activities was $6,071,500.23, down from $100,470,952.83, indicating a decrease of approximately 93.9%[27]. - The net cash flow from financing activities was -$75,725,100.00, compared to -$66,461,388.89 in the previous year, reflecting a decline of about 14%[27]. - Total cash inflow from financing activities was $30,000,000.00, unchanged from the previous year[27]. Other Information - The company has not disclosed any new product developments or technological advancements in this report[11]. - There were no significant mergers or acquisitions reported during this quarter[11]. - The financial statements for the first quarter were unaudited, indicating a need for caution in interpreting the results[8]. - The company's cash flow from operating activities for the period was not detailed in the provided documents, but it is essential for assessing liquidity and operational efficiency moving forward[26].