三峡旅游(002627) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2025 was ¥242,632,500.29, representing a 12.65% increase year-over-year, and a total of ¥609,147,281.48 for the year-to-date, up 9.48% compared to the same period last year [5] - Net profit attributable to shareholders decreased by 61.58% in Q3 2025 to ¥22,245,212.94, with a year-to-date net profit of ¥85,866,611.13, down 23.29% [5] - The basic earnings per share for Q3 2025 was ¥0.0307, a decline of 62.74%, while the diluted earnings per share also stood at ¥0.0307, reflecting the same percentage drop [5] - Total operating revenue for the current period reached ¥609,147,281.48, an increase of 9.4% compared to ¥556,416,952.75 in the previous period [22] - Net profit for the current period was ¥85,074,239.93, a decrease of 28.1% from ¥118,171,433.73 in the previous period [24] - Earnings per share (EPS) for the current period was ¥0.1185, down from ¥0.1576 in the previous period [24] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥4,079,495,058.06, a decrease of 3.61% from the end of the previous year [5] - The total number of common shareholders at the end of the reporting period is 32,862 [13] - The total current assets as of September 30, 2025, amount to 1,580,470,354.44 yuan [19] - The total non-current assets as of September 30, 2025, amount to 2,499,024,703.62 yuan [19] - The total liabilities decreased to ¥767,488,160.93 from ¥914,892,471.25, a reduction of 16.1% [20] - Total equity attributable to shareholders increased slightly to ¥3,099,323,667.29 from ¥3,084,877,462.26 [20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥199,666,967.44, an increase of 10.77% compared to the same period last year [5] - Cash generated from operating activities was ¥664,386,996.80, an increase from ¥588,295,675.04 in the previous period [25] - The net cash flow from operating activities was CNY 199,666,967.44, an increase from CNY 180,248,688.40 in the previous period, reflecting a growth of approximately 8.0% [26] - The total cash inflow from investment activities amounted to CNY 1,109,799,565.14, significantly higher than CNY 10,311,825.79 in the prior period [26] - The net cash flow from investment activities was negative at CNY -103,555,325.95, an improvement from CNY -129,371,837.51 previously [26] - Cash and cash equivalents at the end of the period totaled CNY 704,178,392.73, down from CNY 779,211,277.15 at the beginning of the period, representing a decrease of approximately 9.6% [27] - The total cash outflow from financing activities was CNY 206,067,201.88, compared to CNY 134,160,286.25 in the previous period, indicating an increase of about 53.5% [26] Shareholder Information - The largest shareholder, Hubei Three Gorges Cultural Tourism Group Co., Ltd., holds 25.40% of shares, totaling 184,050,464 shares [13] - The number of shares held by the top ten shareholders includes significant stakes from state-owned entities, indicating a concentrated ownership structure [13] - The company is controlled by the Yichang State-owned Assets Supervision and Administration Commission, indicating a unified action among major shareholders [14] Operational Highlights - The total number of tourists received by the cruise products in the first nine months of 2025 is 230.41 million, representing a year-on-year increase of 19.51% [16] - The "Two Gorges and One Gorge" cruise segment received 167.87 million tourists, up 19.67% year-on-year [16] Expense Analysis - The company reported a significant increase in tax expenses, which rose to ¥29,676,369.51 from ¥33,431,335.32 [23] - The company experienced a 2446.31% increase in non-operating expenses, totaling an increase of ¥21,923,300, primarily due to tax penalties from a subsidiary [11] - The company reported a significant increase in long-term prepaid expenses, which rose by 620.64% year-to-date, amounting to an increase of ¥10,127,800, attributed to new project costs [9] - Contract liabilities surged by 404.32% year-to-date, increasing by ¥14,968,600, mainly due to an increase in advance payments for tourism services [10] Employee Compensation - The company paid CNY 206,898,725.68 to employees, which is an increase from CNY 198,526,633.06 in the previous period, showing a growth of about 4.4% [26]