张家界(000430) - 2013 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2013 was ¥500,319,899.52, a decrease of 26.69% compared to ¥682,499,735.64 in 2012[22] - The net profit attributable to shareholders for 2013 was ¥52,206,066.79, down 48.41% from ¥101,197,817.92 in 2012[22] - The net cash flow from operating activities was ¥85,056,612.85, a decline of 31.63% from ¥124,408,030.57 in the previous year[22] - Basic earnings per share for 2013 were ¥0.1627, a decrease of 48.41% compared to ¥0.3154 in 2012[22] - The operating profit for 2013 was CNY 73,807,617.79, reflecting a decline of 44.63% from CNY 133,308,898.52 in 2012[34] - The net profit excluding non-recurring gains and losses was ¥51,248,119.34, a decrease of 48.15% from ¥98,830,043.48 in 2012[22] - The company reported a net profit of CNY 52,206,000.00 for the year, contributing to an increase in total equity[198] - The total profit for the current period is CNY 75,211,482.04, down from CNY 136,695,054.73 in the previous period, a decrease of about 45%[189] Assets and Liabilities - Total assets at the end of 2013 were ¥602,772,362.65, an increase of 17.5% from ¥513,006,771.55 at the end of 2012[22] - The total liabilities rose by 29.26% to CNY 169,196,594.08, up from CNY 130,892,994.61 in the previous year[34] - The total assets increased by 17.50% to CNY 602,772,362.65, compared to CNY 513,006,771.55 in 2012[34] - The total amount of non-operating funds occupied by controlling shareholders and their affiliates at the end of the reporting period is 0万元, accounting for 0% of the latest audited net assets[93] Cash Flow - The company's net cash flow from operating activities was CNY 85,056,612.85, down 31.63% from CNY 124,408,030.57 in 2012[34] - The net cash flow from operating activities decreased by 31.63% compared to the same period last year, primarily due to a reduction in revenue[49] - The total cash inflow from investment activities decreased by 49.97% year-on-year, mainly due to the previous year's receipt of 3.187 million yuan for land preparation costs related to the cable car project[49] - Cash inflow from financing activities increased by 112.83% year-on-year, driven by long-term borrowings of 97.5 million yuan for fixed asset investments and short-term borrowings of 42.65 million yuan for working capital[49] - The net cash flow from financing activities increased by 170.28% year-on-year, with long-term borrowings of 97.5 million yuan and repayments of 24 million yuan[49] - The total cash and cash equivalents at the end of the period increased to CNY 66,766,921.35 from CNY 48,820,473.83, reflecting a net increase of CNY 17,946,447.52[193] Visitor Statistics - The number of visitors to the company's main scenic spots decreased, with the Eco Transport receiving 2.68 million visitors, down 15.06% from 3.15 million in 2012[35] - The company plans to receive 5.05 million visitors in 2014, a 15.16% increase from 4.39 million visitors in 2013[40] - The number of passengers for the environmental protection passenger transport decreased by 16.76%, with operating revenue of 124.12 million yuan, a decline of 17.54% compared to last year[86] Future Projections - In 2014, the total tourism revenue in China is expected to reach 3.2 trillion yuan, a year-on-year increase of 10.00%[38] - The company aims for a 5% increase in visitor numbers and an 8% increase in total tourism revenue in 2014 compared to 2013[39] - The company plans to enhance tourism infrastructure, which is expected to improve the overall tourism environment and attract more visitors[82] - The company is focusing on market expansion and new product development to enhance future growth prospects[185] Investment and Projects - The total planned investment for the Yangjiajie cableway project is 170 million yuan, with 52.15 million yuan invested in the reporting period and a cumulative investment of 133.76 million yuan, achieving 78.68% of the project progress[75] - The Yangjiajie cableway project is progressing as planned, expected to start operations in the fourth quarter of 2013[87] - The company is currently developing the Yangjiajie cableway project, which is progressing as scheduled[82] Governance and Management - The company has maintained its current management team since May 2012, with terms set to end in May 2015[129] - The board of directors consists of 9 members, with a mix of backgrounds in government and business, indicating a diverse leadership team[131][132][133][134] - The company has established a transparent performance evaluation system for directors, supervisors, and senior management, ensuring compliance with legal regulations[147] - The company’s governance structure complies with the Company Law, Securities Law, and other relevant regulations, ensuring effective communication with shareholders[146] Audit and Compliance - The company received a standard unqualified audit opinion for its financial statements as of December 31, 2013[172] - The internal control audit report was consistent with the board's self-evaluation report[169] - The audit firm confirmed that the financial statements fairly reflect the company's financial position and results for the year ended December 31, 2013[175]