国旅联合(600358) - 2019 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months was ¥255,881,660.70, representing a year-on-year increase of 30.59%[9] - The net profit attributable to shareholders of the listed company for the first nine months was -¥2,202,328.81, showing an improvement compared to -¥16,802,586.50 in the same period last year[9] - Basic and diluted earnings per share improved to -¥0.0044 from -¥0.0300, a decrease of 85.33% year-on-year[9] - Total revenue for Q3 2019 reached ¥117,203,204.07, a significant increase of 134% compared to ¥50,047,602.21 in Q3 2018[29] - Net profit for Q3 2019 was ¥21,539,449.79, compared to a loss of ¥10,441,071.23 in Q3 2018, indicating a turnaround in profitability[31] - The company reported a gross profit margin of approximately 18.2% for Q3 2019, compared to 20.5% in Q3 2018[29] - The company reported a tax expense of ¥3,854,698.65 for Q3 2019, compared to ¥495,162.81 in Q3 2018, indicating increased profitability[31] - The company reported a net loss of CNY 1,140,160.4 for Q3 2019, compared to a net loss of CNY 5,036,725.60 in the same period last year, indicating a significant improvement[37] - The total comprehensive income for the first three quarters of 2019 was ¥20,410,248.03, compared to a loss of ¥9,114,993.72 in the same period of 2018[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥798,362,012.36, an increase of 5.80% compared to the end of the previous year[8] - Total liabilities amounted to ¥242,249,091.55, compared to ¥210,790,233.61, marking an increase of approximately 14.9%[23] - Total current assets as of September 30, 2019, amounted to ¥542,562,012.80, an increase from ¥495,090,128.04 as of December 31, 2018, representing an increase of approximately 9.5%[21] - The total equity attributable to shareholders was ¥450,824,017.98, down from ¥453,567,494.22, reflecting a decrease of approximately 0.5%[23] - The company’s short-term borrowings decreased to ¥54,493,100.00 from ¥71,313,000.00, a reduction of approximately 23.5%[22] - Total assets decreased from ¥679,504,724.63 in the previous period to ¥657,230,354.39 in Q3 2019[27] - Total liabilities decreased from ¥132,107,038.13 to ¥116,137,677.95, showing a reduction in financial obligations[27] Cash Flow and Financial Position - The company's cash and cash equivalents decreased by 71.79% to ¥23,955,105.37 from ¥84,924,719.14 due to loan repayments[16] - Cash flow from operating activities showed a net outflow of CNY 82,618,487.76 for the first nine months of 2019, worsening from a net outflow of CNY 53,986,289.87 in the same period of 2018[39] - The company generated CNY 204,879,768.37 in cash from sales and services in the first nine months of 2019, down from CNY 237,747,503.79 in the previous year[39] - Cash and cash equivalents at the end of Q3 2019 stood at CNY 23,955,105.37, a decrease from CNY 50,956,430.49 at the end of Q3 2018[40] - The company incurred operating expenses of CNY 393,873,549.79 in the first nine months of 2019, compared to CNY 373,249,841.96 in the same period of 2018[39] - The company reported a decrease in cash flow from operating activities, with total cash inflows of CNY 311,255,062.03 and outflows of CNY 393,873,549.79 for the first nine months of 2019[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 41,089[14] - The largest shareholder, Jiangxi Tourism Group Co., Ltd., held 14.57% of the shares, totaling 73,556,106 shares[14] - The second-largest shareholder, Xiamen Contemporary Tourism Resources Development Co., Ltd., held 11.47% of the shares, totaling 57,936,660 shares[14] Management and Governance - The company has appointed the general manager to act as the financial director due to the vacancy of the financial director position[5] - The report has not been audited, raising concerns about the accuracy of the financial data presented[6] - The report was presented by the legal representative, Zeng Shaoxiong, on October 28, 2019[20] Other Financial Metrics - The weighted average return on net assets increased by 2.72 percentage points to -0.49%[9] - Financial expenses decreased by 53.89% to ¥1,687,989.35 from ¥3,660,391.82 due to reduced borrowings[17] - Tax payments decreased by 39.38% to ¥7,818,806.62 from ¥12,898,460.65, indicating reduced tax liabilities compared to the previous year[17] - The company is actively pursuing compensation payments from performance guarantors totaling ¥19,393,600 due to unmet profit commitments[18] - The company anticipates potential significant changes in cumulative net profit compared to the previous year, but no specific warnings were issued[19]