锦旅B股(900929) - 2021 Q2 - 季度财报

Financial Performance - Basic earnings per share for the first half of 2021 were CNY 0.1029, a decrease of 47.14% compared to CNY 0.1948 in the same period last year[19] - The weighted average return on equity decreased to 1.76% from 3.03% year-on-year, a reduction of 1.27 percentage points[19] - The basic earnings per share after deducting non-recurring gains and losses was CNY 0.0856, down 43.68% from CNY 0.1520 in the previous year[19] - The weighted average return on equity after deducting non-recurring gains and losses decreased to 1.47%, down 0.89 percentage points from 2.36% in the same period last year[19] - The company's operating revenue for the first half of the year was CNY 140.25 million, a decrease of 5.69% compared to the same period last year[21] - The net profit attributable to shareholders was CNY 13.65 million, down 47.14% year-on-year[21] - The net profit after deducting non-recurring gains and losses was CNY 11.35 million, a decrease of 43.68% compared to the previous year[21] - The company achieved a total revenue of ¥140,247,793.03, a decrease of 5.69% compared to the previous year[38] - The company’s revenue from tourism and related businesses totaled ¥119,903,673.65, down 7.63% from the previous year[42] - The company’s revenue from other businesses increased by 44.26%, reaching ¥3,375,532.36[42] Cash Flow and Investments - The company reported a net cash flow from operating activities of -CNY 23.84 million, indicating a significant cash outflow[21] - The company’s investment activities generated a net cash flow of ¥9,123,066.61, an increase of ¥10,056,000.21 year-on-year[39] - The company reported a net cash flow from operating activities of -¥23,841,709.70, a decrease of ¥8,363,584.49 compared to the previous year[38] - The company reported a total investment income of 19,977.91 million yuan from 2,081 shares sold during the reporting period[61] - The net cash flow from investment activities was 9,123,066.61 RMB, a significant improvement from -932,912.60 RMB in the previous period, indicating better investment returns[124] Assets and Liabilities - The company's total assets increased by 5.18% to CNY 1,080.73 million compared to the end of the previous year[21] - The total assets of Jinlv Holdings reached 99,643,664.44 yuan, with a net asset deficit of -145,126,440.95 yuan[67] - The total liabilities included a lease liability of ¥174,840.81, which decreased by 32.70% due to regular rent payments[52] - The total liabilities as of June 30, 2021, were CNY 61,870,426.78, slightly up from CNY 60,525,419.93 at the end of 2020[115] - The total equity attributable to the parent company at the end of the reporting period is CNY 830,038,823.58, a decrease from CNY 875,583,685.69 at the end of the previous period, representing a decline of approximately 5.2%[132] Tourism and Market Focus - The company has developed over 60 "red tourism" products to commemorate the 100th anniversary of the Communist Party of China[31] - The company is focusing on domestic tourism and has launched new online travel products tailored to user preferences[30] - The tourism and related business accounted for 85.49% of total revenue, a decrease of 1.80 percentage points year-on-year due to the impact of the pandemic[25] - Domestic tourism revenue increased by 413.15% year-on-year, reaching ¥31,563,759.95[41] - The company launched over 60 specialized tourism products for the "Flower Expo," which were well-received in the market[32] Risk Management and Strategic Initiatives - The company aims to innovate its business model and improve efficiency in response to ongoing pandemic challenges[29] - The company is committed to strengthening its risk management and emergency response capabilities to mitigate potential impacts[69] - The company faced significant risks including industry, operational, market competition, and exchange rate fluctuations, which could impact its performance[68] - The company is focusing on enhancing its online presence and developing customized travel products to adapt to market changes[69] Corporate Governance and Compliance - The company appointed Xu Ming as the new Chairman and hired Le Wenxin as the CEO, while Bao Lei and Zheng Bei resigned from their positions[73] - The company did not propose any profit distribution or capital reserve transfer plans for the first half of 2021[75] - There were no significant environmental violations reported during the reporting period, and the company actively promotes eco-friendly practices[78] - The company has implemented a paperless office initiative, reducing paper usage across various operational levels[79] - The company has not reported any changes in accounting policies or significant errors in prior periods that would affect the current financial statements[142] Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[139] - The company applies accounting treatment for business combinations under both common control and non-common control scenarios[146] - The consolidated financial statements are prepared based on control, with subsidiaries included from the date control is obtained until control is lost[150] - Cash and cash equivalents are defined as cash on hand and deposits that are readily available for payment[153] - The company uses the cost method for accounting long-term equity investments in subsidiaries, with initial investment measured at cost[187]