HSTD(SH:900942)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders decreased by 69.77% year-on-year to approximately CNY 23.57 million, primarily due to the previous year's gains from the disposal of Huashan Securities stocks[6]. - Basic and diluted earnings per share decreased by 69.03% to CNY 0.0323 per share[6]. - The weighted average return on net assets decreased by 1.31 percentage points to 0.57%[6]. - Total revenue for Q1 2019 was CNY 264,215,356.13, an increase from CNY 245,100,044.11 in Q1 2018, representing a growth of approximately 7.4%[26]. - Net profit for Q1 2019 was CNY 42,385,375.19, compared to CNY 78,008,941.70 in Q1 2018, indicating a decline of about 45.7%[30]. - Operating profit for Q1 2019 was CNY 46,408,503.55, down from CNY 103,029,814.30 in Q1 2018, a decrease of approximately 55.0%[30]. - Total comprehensive income for Q1 2019 was CNY 115,057,615.19, compared to CNY 20,908,741.70 in Q1 2018, indicating a significant increase[30]. Revenue and Costs - Operating revenue increased by 7.80% year-on-year to approximately CNY 264.22 million[6]. - Total operating costs for Q1 2019 were CNY 225,044,613.21, compared to CNY 194,583,808.15 in Q1 2018, reflecting an increase of about 15.6%[27]. - Sales expenses for Q1 2019 rose to CNY 20,454,747.63 from CNY 12,517,933.97 in Q1 2018, marking an increase of approximately 63.4%[27]. - Management expenses increased to CNY 52,310,993.47 in Q1 2019 from CNY 50,948,783.10 in Q1 2018, a rise of about 2.7%[27]. - Investment income for Q1 2019 was CNY 36,315,166.10, down from CNY 74,804,388.26 in Q1 2018, a decrease of approximately 51.5%[30]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 4.68 billion, a decrease of 0.51% compared to the end of the previous year[6]. - Total liabilities were CNY 381,604,106.49, down from CNY 475,445,423.75, reflecting a decrease of around 19.7%[20]. - Current liabilities decreased to CNY 288,061,566.14 from CNY 406,103,538.55, a reduction of approximately 29.1%[20]. - Non-current assets totaled CNY 2,681,461,633.69, up from CNY 2,466,556,254.05, indicating an increase of about 8.7%[20]. - Cash and cash equivalents decreased by 62.50% to ¥669,451,336.86 from ¥1,785,011,451.67 due to the company's investment in bank wealth management products[11]. Shareholder Information - The total number of shareholders at the end of the reporting period was 50,175[9]. - The largest shareholder, Huangshan Tourism Group Co., Ltd., held 40.66% of the shares[9]. - The company repurchased 17,920,560 B shares, accounting for 2.4% of the total share capital, reducing the total share capital from 747,300,000 shares to 729,379,440 shares[13]. Cash Flow - The net cash flow from operating activities was negative at approximately CNY -54.77 million, compared to CNY -22.68 million in the same period last year[6]. - The net cash flow from operating activities was -¥54,766,386.79, compared to -¥22,682,680.06 in the previous year, mainly due to increased tax payments[12]. - Cash outflow from investing activities totaled ¥1,061,610,366.26, compared to ¥865,873,110.41 in Q1 2018, indicating an increase of approximately 22.6%[33]. - The company received cash from sales of goods and services amounting to ¥259,079,212.85, slightly up from ¥257,532,540.70 in Q1 2018[32]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 164,445.15, which are closely related to its normal business operations[7]. - Non-operating income and expenses resulted in a net loss of approximately CNY -1,659.31[8].