中国中免(601888) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was approximately ¥7.64 billion, representing a decline of 44.23% year-on-year[4]. - Net profit attributable to shareholders was approximately -¥120.15 million, a decrease of 105.21% compared to the same period last year[4]. - Basic earnings per share were -¥0.0615, down 105.21% from ¥1.1809 in the same period last year[4]. - The company's operating profit for Q1 2020 was a loss of ¥545,617,196.54, compared to an operating profit of ¥3,354,744,600.05 in Q1 2019[19]. - The total comprehensive income for Q1 2020 was a loss of ¥399,034,572.95, compared to a total comprehensive income of ¥2,528,864,899.48 in Q1 2019[20]. - The net profit for Q1 2020 was -25,324,633.90 RMB, a sharp decline from 575,042,822.25 RMB in Q1 2019, reflecting a decrease of over 104%[22]. Cash Flow - Net cash flow from operating activities was approximately -¥740.55 million, a decline of 120.28% year-on-year[4]. - Cash flow from operating activities showed a net outflow of ¥740,546,673.82, a decline of 120.28% compared to a net inflow of ¥3,651,918,975.01 in the previous period, primarily due to decreased cash receipts from sales[9]. - The net cash flow from operating activities for Q1 2020 was -740,546,673.82 RMB, compared to 3,651,918,975.01 RMB in Q1 2019, indicating a significant downturn[24]. - The company’s cash flow from operating activities showed a net outflow, highlighting challenges in generating cash from core operations[25]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥29.93 billion, a decrease of 2.46% compared to the end of the previous year[4]. - Total liabilities decreased from ¥8,376,899,563.72 to ¥8,048,858,017.08, a decline of about 3.91%[16]. - Shareholders' equity decreased from ¥22,310,356,325.04 to ¥21,884,253,312.88, a decrease of approximately 1.92%[16]. - Cash and cash equivalents decreased from ¥5,745,719,612.24 to ¥4,743,178,715.02, a decline of about 17.46%[17]. - Total liabilities amounted to ¥8,376,899,563.72, with total equity at ¥22,310,356,325.04, resulting in total assets of ¥30,687,255,888.76[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 63,581[6]. - The largest shareholder, China Tourism Group Co., Ltd., held 53.30% of the shares[6]. Government Support - The company received government subsidies amounting to approximately ¥15.05 million, which are closely related to normal business operations[5]. Strategic Outlook - The company has not disclosed any significant new strategies or future outlook in this report[7]. - The company is actively optimizing its online shopping model to mitigate the impact of reduced customer traffic due to the pandemic[9]. Investment and Financial Position - The company reported a significant decrease in investment income, down 99.33% to ¥6,191,532.80 from ¥919,756,625.44, primarily due to the disposal of China Travel Service in the previous period[8]. - The company plans to acquire a 20% stake in China Travel Financial Co., Ltd. for ¥541,506,040.00, pending regulatory approval[11]. - The company reported other income of 3,000,000.00 RMB in Q1 2020, with investment income of 1,500,000.00 RMB[24].