西安旅游(000610) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥109,292,733.72, representing a 0.53% increase compared to ¥108,713,962.90 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥3,553,322.34, an improvement of 30.32% from a loss of ¥5,099,775.04 in the previous year[8]. - The net cash flow from operating activities improved by 16.02%, amounting to -¥49,153,644.86 compared to -¥58,533,604.21 in the same period last year[8]. - Total operating revenue for Q1 2019 was CNY 109,292,733.72, an increase from CNY 108,713,962.90 in the same period last year, representing a growth of approximately 0.53%[45]. - Net profit for Q1 2019 was a loss of CNY 3,554,842.16, compared to a loss of CNY 5,313,123.83 in Q1 2018, indicating an improvement of approximately 33.14%[47]. - The company reported no significant changes in its operating performance for the first half of 2019 compared to the previous year[28]. Assets and Liabilities - Total assets decreased by 6.78% to ¥1,126,657,288.15 from ¥1,208,563,062.72 at the end of the previous year[8]. - As of March 31, 2019, the company's total assets amounted to RMB 1,126,657,288.15, a decrease from RMB 1,208,563,062.72 at the end of 2018[36][37]. - The company's current assets decreased to RMB 521,575,099.41 from RMB 603,824,060.10, indicating a decline of approximately 13.6%[36]. - The company's total liabilities decreased to RMB 259,835,464.47 from RMB 338,186,396.88, reflecting a reduction of approximately 23.1%[38]. - Total liabilities decreased to CNY 198,977,012.35 from CNY 294,413,725.99, a reduction of approximately 32.36%[43]. - The company's total equity increased slightly to CNY 919,243,370.03 from CNY 919,182,600.33, reflecting a marginal growth of 0.01%[44]. Cash Flow - The company reported a significant increase in cash flow from investment activities, which rose by 188.35%, totaling an increase of ¥37,258,300[20]. - Cash flow from operating activities showed a net outflow of CNY -49,153,644.86, an improvement from CNY -58,533,604.21 in the previous period[56]. - Cash flow from investing activities generated a net inflow of CNY 57,040,193.19, compared to CNY 19,781,917.31 in the previous year[56]. - Cash flow from financing activities resulted in a net outflow of CNY -51,502,129.16, an improvement from CNY -172,246,000.00 year-over-year[56]. - The company reported a total cash and cash equivalents balance of CNY 438,528,648.14 at the end of the period[56]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,151, with the top shareholder, Xi'an Tourism Group, holding 27.29% of the shares[12]. - The actual controller of the company changed from the Xi'an Municipal Government to the Qujiang New District Management Committee as of March 12, 2019[21]. Investments and Acquisitions - The company signed a monetary compensation agreement for property acquisition amounting to RMB 24 million, with an initial payment of RMB 8 million received[23]. - The company transferred 35% equity of Xi'an Caotang Outlets Shopping Plaza to Evergrande Group for a total of RMB 86.09 million, with RMB 8 million received initially and RMB 60.0949 million as the remaining payment[24]. - The company is in the process of due diligence and asset evaluation for acquiring controlling interest in Beijing Changda Tianxia Advertising Co., Ltd.[25]. Inventory and Receivables - Prepayments increased by 77.77%, amounting to an increase of ¥5,832,000, primarily due to increased travel agency prepayments[16]. - Other receivables decreased by 68.95%, down by ¥56,378,900, mainly due to the recovery of subsidiary equity transfer payments[17]. - The company’s inventory decreased to CNY 911,530.96 from CNY 976,972.77, a decline of approximately 6.67%[41]. Financial Standards and Compliance - The company executed new financial instrument standards starting January 1, 2019, affecting the classification of financial assets[65]. - The company has not undergone an audit for the first quarter report[70].