锦旅B股(900929) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was CNY 1,120,292,999.99, a decrease of 7.94% year-on-year[6] - Net profit attributable to shareholders increased by 5.65% to CNY 55,191,543.46 compared to the same period last year[6] - The weighted average return on equity increased by 0.56 percentage points to 5.01%[6] - In Q3, consolidated operating revenue was CNY 41,809.44 million, a decrease of 13.36% year-on-year[13] - The net profit attributable to shareholders in Q3 was CNY 391.55 million, an increase of 177.02% year-on-year[13] - The company achieved a gross profit margin increase, contributing to the rise in operating profit and net profit[13] - The net profit excluding non-recurring gains and losses for the first nine months was CNY 19,759.36, a significant improvement from the previous year's loss[6] - Total operating revenue for the third quarter was CNY 418,094,370.75, a decrease of 13.4% compared to CNY 482,547,997.92 in the same period last year[41] - Total operating costs amounted to CNY 440,849,563.13, down 9.0% from CNY 484,534,699.93 year-on-year[41] - Net profit for the third quarter reached CNY 3,549,166.34, compared to CNY 745,786.63 in the previous year, marking a significant increase[42] - The company reported a total profit of CNY 3,739,048.56, up from CNY 220,293.24 in the same quarter last year[42] - Earnings per share for the third quarter were CNY 0.0295, compared to CNY 0.0107 in the previous year[43] - Investment income for the third quarter was CNY 27,092,310.93, a substantial increase from CNY 1,522,404.98 year-on-year[42] - The company recorded a total comprehensive income of CNY 24,039,093.38 for the third quarter, compared to CNY 13,951,299.55 in the same period last year[43] - Operating income for the first nine months was CNY 1,120,292,999.99, down 8.0% from CNY 1,216,913,079.44 year-on-year[41] - The company’s total operating costs for the first nine months were CNY 1,150,372,133.39, a decrease of 8.6% compared to CNY 1,258,186,204.78 in the previous year[41] - Operating profit for the first nine months was CNY 22,706,121.04, a decrease of 3.1% compared to the previous year[46] - Total profit for the first nine months reached CNY 22,265,159.36, down 2.6% year-over-year[46] - Net profit for the first nine months was CNY 22,344,195.03, reflecting a decline of 1.6% compared to the same period last year[46] - Comprehensive income totalled CNY 42,834,122.07, a significant increase from CNY 13,031,288.53 in the previous year[47] Assets and Liabilities - Total assets decreased by 9.98% to CNY 1,443,124,129.30 compared to the end of the previous year[6] - Net assets attributable to shareholders decreased by 9.40% to CNY 1,039,741,884.22 compared to the end of the previous year[6] - The total current assets increased to ¥396,646,080.90 from ¥380,494,183.49, representing a growth of approximately 3.0%[35] - Accounts receivable rose to ¥104,686,153.50 from ¥103,142,917.34, indicating a slight increase of about 1.5%[35] - The total non-current assets decreased to ¥1,046,478,048.40 from ¥1,222,545,190.87, reflecting a decline of approximately 14.4%[35] - Total liabilities decreased to ¥403,018,204.89 from ¥455,907,295.44, indicating a decline of about 11.6%[36] - The total equity attributable to shareholders decreased to ¥1,039,741,884.22 from ¥1,147,555,643.09, a drop of approximately 9.4%[37] - Cash and cash equivalents decreased to ¥219,729,166.94 from ¥224,173,241.14, a decline of about 2.0%[34] Cash Flow - The company reported a net cash flow from operating activities of CNY -65,356,153.27 for the first nine months[6] - The net cash flow from operating activities for the current period is -65,356,153.27 CNY, a decrease of 44,475,965.58 CNY compared to the same period last year, primarily due to a reduction in cash received from sales of goods and services[26] - Cash flow from operating activities showed a net outflow of CNY 65,356,153.27, worsening from a net outflow of CNY 20,880,187.69 in the prior year[49] - Cash inflow from investment activities was CNY 100,060,836.54, down from CNY 361,099,155.08 year-over-year[49] - Cash flow from financing activities resulted in a net outflow of CNY 31,018,167.18, compared to a net outflow of CNY 15,142,127.32 in the previous year[50] - The ending cash and cash equivalents balance was CNY 208,126,766.94, compared to CNY 128,265,925.10 at the end of the previous year[50] - The company reported a significant drop in cash flow from operating activities, indicating potential challenges in maintaining liquidity[49] - The net increase in cash and cash equivalents was -7,990,586.40, compared to a decrease of -67,522,377.21 in the previous period[53] - The ending balance of cash and cash equivalents was 127,185,940.43, down from 135,176,526.83 at the beginning of the period[53] Investments and Financial Management - The company has made investments in various listed companies, with a total investment income of 755,943.25 CNY reported from these transactions[32] - The company is actively managing its financial assets, with a focus on optimizing its investment portfolio and minimizing losses[29] - The total initial investment in securities amounts to 403,987,539.93 CNY, with a total book value at the end of the period of 768,663,152.47 CNY, reflecting a loss of 131,987,135.15 CNY during the reporting period[29] - The company received cash dividends totaling 1,283,050.95 CNY from Yuyuan Group, 109,311.25 CNY from Shenwan Hongyuan, and 2,500,000.00 CNY from Pudong Development Bank during the reporting period[29] - The company holds 11,553,172 shares of Yuyuan Group, with a book value of 69,247,012.51 CNY after selling 7,998,740 shares during the reporting period[30] - The company has not reported any significant changes in net profit expectations for the year compared to the previous year[32] - The company has not disclosed any new product developments or technological advancements during the reporting period[32] - There are no overdue commitments that have not been fulfilled during the reporting period[32] Revenue Sources - The company's outbound tourism revenue for the first nine months of 2018 was approximately ¥433.39 million, a decrease of 29.66% compared to ¥616.16 million in the same period of 2017[17] - The inbound tourism revenue increased by 34.38% to ¥104.00 million from ¥77.39 million year-on-year[17] - Domestic tourism revenue slightly decreased by 2.14% to ¥118.04 million from ¥120.62 million in the previous year[17] - The total operating revenue for the first nine months of 2018 was approximately ¥1.12 billion, down 7.94% from ¥1.22 billion in the same period of 2017[17] - The gross profit margin for tourism and related businesses was 7.58%, an increase of 1.18 percentage points compared to the previous year[19] - The company launched new travel routes in Japan, including Honshu, Okinawa, and Hokkaido, which contributed to revenue growth during the peak summer season[16] - The company organized nearly 500 students for educational travel programs and developed 10 new study tour routes, receiving positive feedback from schools[15] - The flagship store in Fuzhou Road opened on August 31, enhancing the company's offline sales channels and customer experience[16] - The company's prepayments increased by 56.46% to ¥59.72 million, primarily due to increased prepayments for outbound tour groups[22] - The company's financial expenses decreased significantly, with a net expense of ¥631,683.12, compared to ¥2.80 million in the same period last year, mainly due to reduced interest income[25]