丽江股份(002033) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 249.43 million, representing a 40.53% increase compared to CNY 177.49 million in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 90.76 million, a 13.31% increase from CNY 80.11 million year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 90.76 million, up 29.24% from CNY 70.24 million in the previous year[5]. - The basic earnings per share for Q3 2023 was CNY 0.1652, reflecting a 13.31% increase from CNY 0.1458 in the same quarter last year[5]. - Total operating revenue for Q3 2023 reached CNY 641,817,284.94, a significant increase from CNY 256,460,761.19 in the same period last year, representing a growth of approximately 150%[22]. - Net profit for Q3 2023 was CNY 237,660,743.93, a substantial rise from CNY 25,924,199.45 in Q3 2022, indicating an increase of approximately 817%[23]. - The total comprehensive income for the third quarter of 2023 was CNY 237,660,743.93, a decrease of 25,924,199.45 compared to the previous period[24]. - The net profit attributable to the parent company was CNY 211,808,037.80, down from CNY 26,642,549.96 in the previous period[24]. - Basic earnings per share for the period was CNY 0.3855, compared to CNY 0.0486 in the previous period[24]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 2.90 billion, a 5.63% increase from CNY 2.75 billion at the end of the previous year[5]. - The total assets of the company as of Q3 2023 were CNY 2,904,779,205.38, up from CNY 2,750,002,960.19 at the end of the previous year[20]. - Total liabilities increased to CNY 282,720,691.69 from CNY 229,700,053.53, marking an increase of about 23%[20]. - The company's total equity reached CNY 2,622,058,513.69, compared to CNY 2,520,302,906.66 in the previous year, reflecting a growth of approximately 4%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 361.44 million, a significant increase of 174.00% compared to CNY 131.91 million in the same period last year[5]. - Cash inflow from operating activities reached CNY 804,936,752.60, significantly increasing from CNY 372,868,799.23 in the previous period[25]. - The net cash flow from operating activities was CNY 361,435,204.23, up from CNY 131,911,155.58 in the previous period[27]. - Cash flow from investment activities resulted in a net outflow of CNY 128,547,767.43, an improvement from a net outflow of CNY 158,637,533.75 in the previous period[27]. - The cash and cash equivalents at the end of the period totaled CNY 718,158,596.38, compared to CNY 605,133,257.02 at the end of the previous period[27]. - The company reported cash and cash equivalents of CNY 718.1586 million as of September 30, 2023, compared to CNY 621.2185 million at the beginning of the year[18]. Market and Operations - The company is actively expanding its market presence in response to the improving tourism environment in 2023[16]. - In the first three quarters of 2023, the company received a total of 4.825 million visitors across its three cableways, representing a year-on-year increase of 193.19%[16]. - The Yulong Snow Mountain cableway alone welcomed 2.481 million visitors, up 130.88% year-on-year, while the Yunshanping cableway saw a 297.14% increase with 2.039 million visitors[16]. - The company hosted 569 performances of "Impression Lijiang," attracting 1.293 million visitors and generating revenue of CNY 119.9945 million, a year-on-year increase of 395.14%[16]. - Revenue from Lijiang Hefu Hotel Co., Ltd. (including InterContinental Hotel, Indigo Hotel, and others) reached CNY 115.5261 million, up 67.01% year-on-year[16]. Accounting and Financial Policies - The company has implemented changes in accounting policies effective from January 1, 2023, impacting the financial reporting of certain transactions[6]. - The company implemented new accounting standards starting January 1, 2023, affecting the financial statements with an increase in retained earnings by CNY 117,150.26[29]. - The company has not undergone an audit for the third quarter report[30]. Expenses - Total operating costs amounted to CNY 366,125,187.17, compared to CNY 237,570,326.29 in Q3 2022, reflecting an increase of about 54%[22]. - The company reported a significant increase in sales expenses, which rose to CNY 19,861,179.79 from CNY 13,409,257.58, an increase of about 48%[23]. - Research and development expenses were not explicitly reported, indicating a potential area for future investment focus[23]. - The company's financial expenses increased by CNY 1.9771 million, a growth of 34.55%, due to increased bank settlement fees[12].