首旅酒店(600258) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 116.56% year-on-year, reaching CNY 75.39 million[5]. - Operating revenue for the period was CNY 1.92 billion, reflecting a growth of 0.62% compared to the same period last year[5]. - Basic earnings per share rose to CNY 0.0924, an increase of 116.39% compared to the previous year[5]. - The total profit for Q1 2018 was RMB 15,536 million, representing a significant increase of RMB 5,295 million, or 51.7% year-on-year[12]. - The net profit attributable to the parent company reached RMB 7,539 million, an increase of RMB 4,058 million, or 116.56% year-on-year[13]. - The company reported a net profit attributable to shareholders for Q1 2018 that increased by 116.56% compared to the same period last year[48]. - The total comprehensive income for Q1 2018 was CNY 97,381,232.81, compared to CNY 51,750,700.24 in the same quarter last year, marking an increase of approximately 87.93%[61]. Revenue and Costs - Total revenue for Q1 2018 was CNY 1,924,460,967.32, a slight increase from CNY 1,912,579,785.34 in the previous period, representing a growth of approximately 0.7%[59]. - The company's total operating costs for Q1 2018 were CNY 1,783,977,491.53, slightly down from CNY 1,796,905,227.33 in the previous year[60]. - Operating profit for Q1 2018 was CNY 153,705,235.58, up from CNY 106,132,808.85 in the previous year, representing an increase of approximately 44.66%[60]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 16.53 billion, a decrease of 1.87% compared to the end of the previous year[5]. - Total liabilities decreased to CNY 8,807,950,061.01 from CNY 9,220,024,257.78, reflecting a reduction of approximately 4.48%[54]. - Current liabilities amounted to CNY 3,455,697,552.47, down from CNY 3,817,610,449.75, showing a decline of about 9.5%[53]. - The company's cash and cash equivalents were CNY 78,236,403.38, a decrease from CNY 81,768,391.60, representing a decline of approximately 6.5%[56]. - Non-current assets totaled CNY 14,630,542,704.51, down from CNY 14,880,381,219.77, indicating a decrease of about 1.67%[53]. Shareholder Information - The company reported a total of 18,743 shareholders at the end of the reporting period[9]. - The largest shareholder, Beijing Capital Tourism Group, holds 35.92% of the shares, with 131.06 million shares pledged[9]. Cash Flow - The net cash flow from operating activities was CNY 222.15 million, down 5.91% year-on-year[5]. - The total cash inflow from operating activities for Q1 2018 was CNY 1,933,117,439.20, slightly up from CNY 1,920,965,591.32 in the previous year[65]. - The net cash flow from investing activities was -250,767,636.99 RMB, compared to -208,863,819.00 RMB in the prior period, indicating a worsening of about 20.1%[67]. - The net cash flow from financing activities was -215,346,591.68 RMB, worsening from -18,013,026.24 RMB in the previous period, indicating a decline of about 1,095.5%[67]. Hotel Operations - The company had a total of 3,733 hotels as of March 31, 2018, with a total of 383,545 rooms[15]. - In Q1 2018, the company opened 84 new hotels, including 3 direct-operated and 81 franchised[19]. - The hotel business generated revenue of RMB 176,160 million, up RMB 1,137 million, or 0.65% compared to the same period last year[11]. - The occupancy rate for Home Inn hotels in Q1 2018 was 79.3%, a decrease of 2.5 percentage points year-over-year[22]. - The average room rate for Home Inn hotels in Q1 2018 was 174 RMB, up 7.3% compared to the same period last year[22]. Investments and Acquisitions - The company acquired a 49% stake in Han She Management, which will now be accounted for as a 100% subsidiary[8]. - The company completed the sale of a 10% stake in Shouqi Group for CNY 190.37 million, generating a pre-tax profit of CNY 4.71 million[46]. - The company invested CNY 280 million in 10 short-term bank financial products during Q1 2018, with no outstanding balance as of March 31, 2018[43]. - The company established a joint venture, Sanya Shanhai Yuanrong Tourism Development Co., Ltd., with a registered capital of CNY 20 million[45].