桂林旅游(000978) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥97,151,006.31, representing an increase of 18.57% compared to the same period last year[6] - The net profit attributable to shareholders was -¥13,575,615.81, a decrease of 49.79% year-on-year[6] - The basic and diluted earnings per share were both -¥0.038, a reduction of 49.33% from -¥0.075 in the same period last year[6] - The net profit attributable to the parent company improved by CNY 13.46 million to a loss of CNY 13.58 million from a loss of CNY 27.04 million, driven by a 25.78% increase in visitor numbers to 572,800[16] - Operating revenue increased by 18.57% to CNY 9.99 million, attributed to the growth in visitor numbers[16] Cash Flow and Assets - The net cash flow from operating activities was -¥28,552,172.56, showing an improvement of 74.40% compared to -¥111,534,310.74 in the previous year[6] - The company's cash and cash equivalents decreased by 50.13% to CNY 135.91 million from CNY 272.51 million, primarily due to repayment of bank loans and employee bonuses[14] - The net cash flow from operating activities improved to a negative CNY 28.55 million from a negative CNY 111.53 million, due to increased cash receipts from sales and reduced cash payments[17] - Total assets at the end of the reporting period were ¥2,904,635,470.01, down 5.29% from the previous year-end[6] - The net assets attributable to shareholders were ¥1,451,677,824.56, a decrease of 0.93% compared to the previous year-end[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,191[11] - The largest shareholder, Guilin Tourism Development Company, held 23.06% of the shares, totaling 83,051,422 shares[11] - No repurchase transactions were conducted by the top ten ordinary shareholders during the reporting period[12] Government Support and Expenses - The company received government subsidies amounting to ¥314,849.91 during the reporting period[8] - The income tax expense increased by 437.17% to CNY 2.90 million from CNY 0.54 million, due to higher profits and the issuance of employee bonuses[15] Investments and Liabilities - The company recorded an investment income of CNY 0.44 million, a turnaround from a loss of CNY 1.57 million in the previous period, due to increased earnings from associated companies[15] - The company repaid bank loans, resulting in a 35.25% decrease in non-current liabilities due within one year to CNY 45 million from CNY 69.5 million[14] Corporate Changes and Plans - The company’s major shareholder changed, with the establishment of Guilin Aviation Tourism Group Co., Ltd. with a registered capital of CNY 2.5 billion[19] - The company terminated its plan for a non-public stock issuance due to uncertainties in resource integration projects[21] Miscellaneous - No research, communication, or interview activities were conducted during the reporting period[27] - The report is signed by the Chairman of Guilin Tourism Co., Ltd., Liu Tao, on April 27, 2015[28]