中青旅(600138) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 35.13% to CNY 64,092,957.59 from CNY 98,805,695.63 year-on-year[11] - Basic earnings per share decreased by 35.13% to CNY 0.0885 from CNY 0.1365 year-on-year[11] - The company experienced a decrease in net profit after deducting non-recurring gains and losses by 41.10% to CNY 55,127,012.23[11] - Net profit for Q1 2019 was ¥93,066,334.54, compared to ¥136,928,671.43 in Q1 2018, reflecting a decrease of approximately 32.0%[45] - The total comprehensive income for Q1 2019 was CNY 3.47 million, a decrease of 78.9% from CNY 16.45 million in Q1 2018[51] Revenue and Operating Performance - Operating revenue rose by 1.41% to CNY 2,542,757,730.59 compared to CNY 2,507,349,229.49 in the same period last year[11] - The revenue from the Wuzhen scenic area increased by 3.19% year-on-year, despite visitor numbers remaining flat[20] - The revenue from the company's hotel segment increased by 8.57% year-on-year, strengthening its market position[20] - Total operating revenue for Q1 2019 was ¥2,542,757,730.59, an increase from ¥2,507,349,229.49 in Q1 2018, representing a growth of approximately 1.0%[44] - Operating revenue for Q1 2019 was approximately CNY 469.93 million, an increase of 13.2% compared to CNY 415.04 million in Q1 2018[49] Cash Flow and Liquidity - Net cash flow from operating activities improved significantly to CNY 75,238,463.55, compared to a negative CNY 134,595,053.89 in the previous year[11] - Cash flow from operating activities for Q1 2019 was CNY 75.24 million, a recovery from a negative cash flow of CNY 134.60 million in Q1 2018[55] - Cash inflow from operating activities totaled 610,013,887.61 RMB in Q1 2019, compared to 461,853,708.96 RMB in Q1 2018, reflecting a year-over-year increase of approximately 32.2%[57] - Total cash and cash equivalents at the end of Q1 2019 amounted to 147,477,044.34 RMB, down from 404,796,075.40 RMB at the beginning of the period, resulting in a net decrease of 257,319,031.06 RMB[60] Assets and Liabilities - Total assets increased by 0.79% to CNY 14,709,682,637.36 compared to the end of the previous year[11] - Total liabilities amounted to CNY 6,455,533,893.87, slightly up from CNY 6,434,884,352.52[35] - Current liabilities decreased to CNY 5,757,254,634.79 from CNY 5,926,536,501.91, a reduction of about 2.9%[33] - Long-term borrowings rose to CNY 688,327,354.88 from CNY 498,395,946.41, marking an increase of approximately 37.9%[35] - Total current asset of RMB 6.380 billion, a decrease from RMB 6.538 billion at the end of 2018[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,791[16] - The largest shareholder, China Youth Travel Group, holds 124,305,000 shares, accounting for 17.17% of total shares[16] Expenses - The company reported a decrease in sales expenses to ¥315,414,480.01 from ¥259,970,242.43, an increase of approximately 21.3%[44] - The company experienced a decrease in tax expenses to ¥45,386,701.32 from ¥46,822,098.80, a reduction of about 3.1%[45] - The company reported a significant increase in sales expenses, which rose to CNY 51.37 million, up 76.9% from CNY 29.06 million in Q1 2018[49] Investments and Acquisitions - The company successfully completed the acquisition of a 5.1613% stake in Gubei Water Town for RMB 438.71 million, focusing on its core scenic area business[23] - The company experienced a loss in investment income of CNY 337.16 thousand in Q1 2019, compared to a loss of CNY 3.90 million in Q1 2018[49]