国旅联合(600358) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue fell by 38.86% to CNY 52,929,383.77 year-on-year[5] - Net profit attributable to shareholders was CNY -4,042,438.33, a decrease of 391.06% compared to the same period last year[5] - Basic earnings per share dropped by 375.86% to CNY -0.0080[5] - The company reported a significant increase in non-recurring losses, impacting overall financial performance[5] - Total operating revenue for Q1 2019 was ¥52,929,383.77, a decrease of 38.9% compared to ¥86,569,035.21 in Q1 2018[26] - Net profit for Q1 2019 was -¥1,508,952.43, compared to a net profit of ¥5,134,943.10 in Q1 2018, representing a significant decline[27] - The company reported a total comprehensive income of -¥1,098,300.55 for Q1 2019, down from ¥3,053,813.82 in Q1 2018[27] - Basic and diluted earnings per share for Q1 2019 were both -¥0.0080, compared to ¥0.0029 in Q1 2018[27] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -33,666,487.69, compared to CNY -26,026,368.71 in the same period last year[5] - Cash and cash equivalents decreased by 86.40% to ¥11,548,497.41 from ¥84,924,719.14 due to loan repayments and operating expenses[11] - Cash received from sales and services decreased by 36.48% to ¥40,171,108.25 from ¥63,243,097.11, indicating reduced revenue from subsidiaries[12] - Cash paid for debt repayment increased by 339.72% to ¥39,000,000.00 from ¥8,869,200.00, reflecting significant loan repayments during the period[12] - The ending cash and cash equivalents balance for Q1 2019 was ¥11,548,497.41, down from ¥176,999,040.93 in Q1 2018, reflecting a significant liquidity contraction[34] - The net cash outflow from operating activities was ¥33,666,487.69 in Q1 2019, worsening from a net outflow of ¥26,026,368.71 in Q1 2018[33] - The cash inflow from operating activities totaled ¥46,843,394.06 in Q1 2019, compared to ¥67,928,018.12 in Q1 2018, marking a decrease of 30.9%[32] Assets and Liabilities - Total assets decreased by 5.37% to CNY 714,011,921.02 compared to the end of the previous year[5] - Total current assets decreased to ¥455,098,882.42 from ¥495,090,128.04, indicating a decline in liquidity[17] - The company’s total liabilities decreased significantly, with short-term borrowings down by 41.54% to ¥41,693,000.00 from ¥71,313,000.00 due to loan repayments[11] - Current liabilities decreased from ¥210,790,233.61 to ¥171,336,024.85, a reduction of about 18.7%[19] - Total liabilities decreased from ¥210,790,233.61 to ¥171,336,024.85, a reduction of approximately 18.7%[19] - The company reported a negative retained earnings of ¥-410,952,651.95, indicating accumulated losses[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 46,122[9] - The largest shareholder, Jiangxi Tourism Group Co., Ltd., held 14.57% of the shares, totaling 73,556,106 shares[9] - Xiamen Contemporary Tourism Resources Development Co., Ltd. held 11.47% of the shares, totaling 57,936,660 shares[9] - The company is undergoing a change in control, with Jiangxi Provincial State-owned Assets Supervision and Administration Commission becoming the largest shareholder after the transfer of 14.57% of shares[12] Operating Costs - Operating costs decreased by 43.42% to ¥38,158,484.28 from ¥67,321,068.77, reflecting lower costs at the subsidiary Beijing New Line[11] - Total operating costs for Q1 2019 were ¥52,903,602.75, down 34.8% from ¥81,190,309.01 in Q1 2018[26] - Total operating costs for the parent company in Q1 2019 were ¥83,212.00, down from ¥2,153,230.91 in Q1 2018[29] Financial Expenses - Financial expenses decreased by 31.06% to ¥598,433.80 from ¥868,033.63, attributed to reduced interest on bank loans[11] - The company incurred financial expenses of ¥427,799.87 in Q1 2019, a decrease from ¥1,282,477.09 in Q1 2018[29]