锦江B股(900934) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 3,086,973,614.41, representing a 6.00% increase compared to the same period last year[4] - The net profit attributable to shareholders was CNY 92,120,668.51, a significant increase of 491.49% year-on-year[4] - The cash flow from operating activities for the year-to-date period reached CNY 1,447,648,707.71, indicating a recovery in hotel operations[4] - Total revenue for the first three quarters of 2021 reached ¥8,349,514,569.45, an increase of 19.2% compared to ¥7,002,246,628.56 in the same period of 2020[36] - Net profit for the first three quarters of 2021 was ¥259,117,707.34, a decrease of 29.1% from ¥365,213,927.00 in the same period of 2020[38] - Operating profit for the first three quarters of 2021 was ¥407,560,513.83, compared to ¥312,518,664.37 in 2020, indicating an increase of 30.4%[37] Assets and Liabilities - The total assets as of September 30, 2021, amounted to CNY 49,826,443,477.92, reflecting a 28.96% increase from the end of the previous year[5] - The total assets of the company amounted to ¥49,826,443,477.92, up from ¥38,636,562,063.46 in the previous year, representing a growth of 29.5%[34] - Total liabilities increased to ¥32,019,915,490.54 from ¥24,930,541,136.31, marking a rise of 28.1%[34] - The company's total liabilities decreased by CNY 206,916,701.48 in the transition from December 31, 2020, to January 1, 2021[43] Shareholder Equity - The equity attributable to shareholders increased by 31.38% year-on-year, totaling CNY 16,697,368,958.34[5] - The company's equity attributable to shareholders reached ¥16,697,368,958.34, compared to ¥12,709,518,765.44 in the previous year, reflecting a growth of 31.0%[34] Hotel Operations - The limited-service hotel business generated operating revenue of RMB 3,025.57 million in Q3 2021, a year-on-year increase of 6.14%[16] - As of September 30, 2021, the company had opened a total of 10,195 hotels, with a total of 989,003 guest rooms[17] - The total number of signed hotels reached 15,344, with a total of 1,497,612 guest rooms as of September 30, 2021[19] - The total number of operating hotels increased from 8,943 to 10,195, reflecting a growth of approximately 14.0%[49] Occupancy and Revenue Metrics - The average occupancy rate for mid-range hotels in Q3 2021 was 67.09%, while for economy hotels it was 58.97%[21] - The RevPAR for mid-range hotels in mainland China in Q3 2021 was RMB 167.48, a decrease of 9.60% compared to the same period in 2020[21] - The average occupancy rate for mid-range hotels increased to 69.48% in the first nine months of 2021, up 5.23% from 64.25% in 2020[54] - The RevPAR (Revenue per Available Room) for mid-range hotels improved to ¥170.59, a 15.80% increase from ¥147.31 in 2020[54] Cash Flow and Financial Health - The company's cash flow from operating activities showed a significant improvement, contributing positively to the overall financial health[36] - Cash inflow from operating activities increased to CNY 8,615,326,289.28 in 2021 from CNY 7,581,895,402.88 in 2020, representing a growth of approximately 13.7%[39] - Cash and cash equivalents stood at ¥9.95 billion as of September 30, 2021, compared to ¥6.79 billion at the end of 2020[32] Government Support and Strategic Initiatives - The company received government subsidies amounting to CNY 31,750,538.24 during the reporting period, contributing to its financial performance[7] - The company is actively promoting digital transformation and fine management to enhance brand quality and operational efficiency[13] - The company plans to continue improving its hotel operations and expanding its market presence in the upcoming quarters[8]