2025-04-29 15:00Financial Performance - The company's operating revenue for Q1 2025 was ¥16,746,050,116.23, a decrease of 10.96% compared to ¥18,807,168,696.39 in the same period last year[5] - Net profit attributable to shareholders was ¥1,937,854,243.40, down 15.98% from ¥2,306,454,931.34 year-on-year[5] - Basic and diluted earnings per share were both ¥0.9367, representing a decrease of 15.98% from ¥1.1148 in the same period last year[5] - Operating revenue for Q1 2025 was CNY 16.75 billion, a decrease of 10.9% compared to CNY 18.81 billion in Q4 2024[19] - Net profit for Q1 2025 was CNY 2.06 billion, down 15.5% from CNY 2.44 billion in Q4 2024[19] - The total comprehensive income for the period was CNY 1,989,279,773.44, a decrease from CNY 2,444,902,061.57 in the previous year[20] - Basic and diluted earnings per share were CNY 0.9367, down from CNY 1.1148 year-over-year[20] - The company reported a decrease in sales revenue from CNY 18,666,801,088.11 in Q1 2024 to CNY 16,991,314,793.25 in Q1 2025[21] Cash Flow and Assets - The net cash flow from operating activities was ¥4,796,979,888.31, reflecting a decline of 9.52% compared to ¥5,301,855,586.86 in the previous year[5] - Cash flow from operating activities for Q1 2025 was CNY 4,796,979,888.31, compared to CNY 5,301,855,586.86 in Q1 2024, reflecting a decline of approximately 9.5%[22] - Cash inflow from operating activities totaled CNY 17,533,010,301.60, down from CNY 19,479,675,572.83 in the previous year[22] - Cash outflow from operating activities was CNY 12,736,030,413.29, compared to CNY 14,177,819,985.97 in Q1 2024[22] - The company's total assets increased to CNY 80.46 billion as of March 31, 2025, up from CNY 76.26 billion at the end of 2024, representing a growth of approximately 5.8%[14] - Current assets totaled CNY 59.77 billion, up from CNY 55.96 billion, indicating a growth of 3.2%[14] - The company's total liabilities rose to CNY 17.54 billion, an increase of 14.5% from CNY 15.31 billion at the end of 2024[15] - The ending balance of cash and cash equivalents was CNY 39,645,949,676.26, up from CNY 36,299,634,567.48 at the end of Q1 2024[23] - The company’s cash and cash equivalents increased to CNY 39.68 billion, compared to CNY 34.82 billion, showing a growth of 13.5%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 302,747[9] - The largest shareholder, China Tourism Group Co., Ltd., holds 50.30% of the shares, totaling 1,040,642,690 shares[9] - Shareholders' equity attributable to the parent company rose by 3.40% to ¥56,967,607,780.59 from ¥55,096,705,562.22 at the end of last year[6] Operational Highlights - The company reported non-recurring gains and losses totaling ¥2,176,186.37 for the period[7] - The weighted average return on equity decreased by 0.73 percentage points to 3.46% from 4.19%[5] - The company reported a significant increase in accounts receivable, which rose to CNY 269.47 million from CNY 66.60 million, marking a growth of 304.5%[14] - The total non-current assets amounted to CNY 20.69 billion, slightly up from CNY 20.30 billion, reflecting a growth of 1.9%[14] - The company’s operating costs decreased to CNY 14.08 billion from CNY 15.77 billion, a reduction of 10.7%[19] - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue growth[19] Cash Flow Activities - Net cash flow from investing activities was -CNY 257,075,174.83, an improvement from -CNY 418,523,186.44 year-over-year[23] - Net cash flow from financing activities was CNY 419,409,247.12, compared to -CNY 256,125,481.32 in the previous year, indicating a significant turnaround[23] - The company received CNY 14,700,000.00 from minority shareholders as part of financing activities[23]