金陵饭店(601007) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 72.18% to CNY 15,776,124.97 year-on-year[6] - Operating revenue rose by 20.94% to CNY 266,898,968.94 compared to the same period last year[6] - Basic earnings per share increased by 70.97% to CNY 0.053 compared to the same period last year[6] - Net profit for Q1 2018 reached CNY 22,677,215.58, representing a significant increase of 75.06% compared to CNY 12,950,002.73 in Q1 2017[28] - Earnings per share for Q1 2018 were CNY 0.053, up from CNY 0.031 in the same quarter last year, reflecting a growth of 70.97%[28] Asset and Liability Changes - Total assets increased by 2.64% to CNY 3,036,140,762.34 compared to the end of the previous year[6] - Total liabilities amounted to CNY 865,876,419.46, compared to CNY 810,525,408.79 at the beginning of the year.[21] - Non-current liabilities totaled CNY 395,007,011.14, a decrease from CNY 406,332,451.24 at the beginning of the year.[21] - Total assets as of the end of Q1 2018 were CNY 1,546,868,341.71, slightly up from CNY 1,545,278,936.99 at the end of Q1 2017[24] - Total liabilities for Q1 2018 were CNY 148,205,819.80, a decrease of 1.79% from CNY 150,546,752.85 in Q1 2017[24] Cash Flow and Investment - The net cash flow from operating activities decreased by 44.89% to CNY 32,018,546.18 compared to the previous year[6] - Cash inflow from operating activities totaled 299,846,272.81, an increase of 18.1% from 253,809,692.99 in the previous year[33] - Cash outflow from operating activities was 267,827,726.63, up 36.8% from 195,705,787.39 in Q1 2017[33] - Investment activities resulted in a net cash outflow of 4,474,819.88, compared to a larger outflow of 50,776,750.70 in the same period last year[33] - The company received 176,974,116.70 in cash from investment recoveries, significantly higher than 67,683,000.00 in the previous year[33] Expense and Profit Analysis - Total operating costs for Q1 2018 amounted to CNY 247,529,638.03, up 19.84% from CNY 206,620,932.00 in Q1 2017[27] - The company’s sales expenses increased to CNY 57,928,506.63 in Q1 2018, up from CNY 47,666,282.88 in the previous year, marking a rise of 21.67%[27] - The company’s management expenses rose to CNY 71,051,626.69 in Q1 2018, compared to CNY 55,369,777.38 in Q1 2017, reflecting an increase of 28.36%[27] - The total profit for Q1 2018 was 4,701,810.32, a decrease of 29.0% compared to 6,627,531.27 in the same period last year[30] - The net profit for Q1 2018 was 3,930,337.77, down 14.6% from 4,602,691.64 in Q1 2017[30] Changes in Other Financial Metrics - The weighted average return on equity increased by 0.42 percentage points to 1.07%[6] - Prepayments increased by 281.41% to CNY 56,096,751.44 compared to the beginning of the year[12] - Other receivables rose by 79.16% to CNY 16,899,292.16 compared to the beginning of the year[12] - Bills payable increased by 114.64% to CNY 117,202,059.45 compared to the beginning of the year[12] - Interest payable increased by 73.17% compared to the beginning of the year, mainly due to the first quarter interest accrued but not yet paid by the subsidiary Nanjing New Jinling Hotel Co., Ltd.[13]