南京商旅(600250) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue fell by 27.54% to CNY 146,778,729.80 compared to the same period last year[8] - Net profit attributable to shareholders was CNY -46,613,917.21, showing a significant loss compared to CNY -44,674,954.43 in the previous year[8] - The company's operating costs decreased by 27.49% to CNY 141.51 million due to a decline in sales volume[14] - Sales expenses fell by 41.38% to CNY 1.58 million, attributed to reduced sales scale[14] - The net profit attributable to shareholders of the parent company for Q1 2019 was -46,613,917.21 RMB, compared to -44,674,954.43 RMB in Q1 2018, indicating a decline in profitability[29] - The operating profit for Q1 2019 was -48,027,272.58 RMB, worsening from -44,428,167.17 RMB in the same period last year[31] - The total comprehensive income for Q1 2019 was -45,333,059.00 RMB, compared to -28,735,918.86 RMB in Q1 2018, reflecting a significant decline[32] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -11,705,395.71, a decrease of 110.36% compared to the previous year[8] - The net cash flow from operating activities was negative at CNY -11.71 million, a significant decline compared to CNY 112.97 million in the previous period[14] - The cash flow from operating activities for Q1 2019 was -11,705,395.71 RMB, a decrease from a positive cash flow of 112,968,502.99 RMB in Q1 2018[33] - The total cash inflow from operating activities in Q1 2019 was 248,722,532.38 RMB, down from 535,450,936.18 RMB in Q1 2018, reflecting a decline in cash generation[33] - The company reported a net cash flow from operating activities of -8,225,745.99 RMB, a significant decrease compared to 51,744,185.86 RMB in Q1 2018[36] - The total cash inflow from operating activities was 99,664,624.82 RMB, a decline from 339,081,821.88 RMB in the previous year[36] Assets and Liabilities - Total assets decreased by 0.79% to CNY 1,753,503,142.09 compared to the end of the previous year[8] - Accounts receivable decreased by 30.76% to CNY 67,066,123.92, primarily due to the recovery of sales receivables[13] - The company's total liabilities increased to CNY 1.17 billion from CNY 1.15 billion, reflecting ongoing financial obligations[21] - Total liabilities reached CNY 1,159,043,598.82, with non-current liabilities at CNY 4,874,336.95[40] - Shareholders' equity totaled CNY 608,494,471.63, with a capital reserve of CNY 192,229,260.59 and undistributed profits of CNY 88,974,303.19[40] Asset Impairment - The company reported a significant increase in asset impairment losses, with a loss of CNY -12.50 million compared to CNY -7.31 million in the previous period[14] - The company reported an asset impairment loss of CNY 12,500,285.93 in Q1 2019, compared to CNY 7,307,776.98 in Q1 2018[28] - The company reported an asset impairment loss of -11,600,537.36 RMB in Q1 2019, compared to -6,951,826.71 RMB in Q1 2018, indicating increased asset write-downs[31] Shareholder Information - The total number of shareholders reached 13,038 by the end of the reporting period[10] - Shareholders' equity totaled CNY 485,070,909.61 as of March 31, 2019, down from CNY 528,715,334.73 at the end of 2018[25] Financial Standards and Reporting - The company implemented new financial accounting standards effective January 1, 2019, which include revised guidelines on financial instruments and leasing[45] - The financial report indicates compliance with the revised accounting standards issued by the Ministry of Finance in 2017[45] - The company did not provide an audit report for this quarter[45] - The report does not provide specific performance guidance or future outlook details[45] - The company has not disclosed any new strategic initiatives in this report[45]