华天酒店(000428) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥160,496,656.93, an increase of 1.15% compared to the same period last year, and a total revenue of ¥465,609,989.25 for the year-to-date, representing a 41.09% increase[3] - The net profit attributable to shareholders for Q3 2021 was -¥80,024,684.79, a decrease of 47.50% year-on-year, with a year-to-date net profit of -¥234,453,450.79, down 38.47%[3] - The basic earnings per share for Q3 2021 was -¥0.079, a decrease of 47.33% compared to the same period last year, with a year-to-date figure of -¥0.2301, down 38.48%[3] - Net profit for the third quarter was a loss of ¥290,223,738.00, an improvement from a loss of ¥441,960,620.29 in the previous year, indicating a reduction in losses by 34.3%[21] - The company reported a basic and diluted earnings per share of -¥0.2301, an improvement from -¥0.3740 in the previous year[22] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥6,216,308,809.84, reflecting a 1.53% increase from the end of the previous year[4] - The company’s total equity attributable to shareholders decreased by 11.98% to ¥1,833,665,057.05 compared to the end of the previous year[4] - The total liabilities increased to ¥4,682,616,235.29 from ¥4,283,612,018.14, marking a rise of 9.3%[21] - The total current liabilities increased to CNY 4,135,058,275.53 from CNY 3,767,375,553.89, reflecting a rise of approximately 9.8%[17] - The total liabilities amounted to 4,283,612,018.14 CNY, with non-current liabilities increasing by 118,183,599.34 CNY[30] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥4,505,569.86, an increase of 104.48%[3] - The net cash flow from operating activities was ¥4,505,569.86, a significant recovery from a negative cash flow of ¥100,559,557.67 in the same quarter last year[25] - Cash inflow from financing activities totaled 2,484,966,096.87 CNY, compared to 1,677,660,594.35 CNY in the same period last year, marking an increase of approximately 48%[26] - The net cash flow from financing activities improved to 136,859,814.43 CNY from -11,978,966.71 CNY year-over-year[26] Receivables and Payables - The company reported a significant increase in accounts receivable, which rose by 146.65% to ¥54,775,857.63 due to increased hotel consumption[7] - The company’s total liabilities increased, with other payables rising by 31.63% to ¥1,489,660,185.67, attributed to increased borrowings[7] - The company’s other receivables increased to CNY 369,405,802.21 from CNY 334,426,698.56, showing an increase of approximately 10.5%[16] Investments and Subsidiaries - The company plans to transfer 100% equity and related debts of its subsidiary, Xiangtan Huatian, and 100% equity of Changchun Huatian, with the transfer price for Xiangtan Huatian set at CNY 185,12.244 million after a 10% reduction[12] - The company is also in the process of transferring 70% equity of Yongzhou Huatian City Investment, with the announcement made on September 16, 2021[13] Other Financial Metrics - The company incurred financial expenses of ¥147,742,638.25, down from ¥158,375,172.99, a decrease of 6.5%[21] - The company recorded an investment loss of ¥1,520,275.71, an improvement from a loss of ¥10,330,774.76 in the previous year[21] - The company received government subsidies amounting to ¥2,550,694.22 for the year-to-date, closely related to its normal business operations[5] Compliance and Adjustments - The company has adopted new leasing standards starting January 1, 2021, which resulted in adjustments to the financial statements[32] - The report for the third quarter was not audited, indicating that the figures may be subject to change upon final review[33]