云南旅游(002059) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 312,440,873.72, a decrease of 50.87% compared to CNY 635,903,023.33 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was a loss of CNY 29,337,617.74, representing a decline of 388.15% from a profit of CNY 10,181,381.59 in the previous year[22]. - The net cash flow from operating activities was a negative CNY 10,541,081.86, down 102.49% from CNY 423,217,318.52 in the same period last year[22]. - The basic earnings per share were -CNY 0.0290, a decrease of 387.13% compared to CNY 0.0101 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was a loss of CNY 35,000,435.53, a decline of 1,315.89% from a profit of CNY 2,878,580.35 in the previous year[22]. - The company's operating revenue for the reporting period was ¥312,440,873.72, a decrease of 50.87% compared to ¥635,903,023.33 in the same period last year, primarily due to the impact of the pandemic and tightened prevention policies[35]. - The operating cost decreased by 52.94% to ¥238,213,783.13 from ¥506,156,449.67, reflecting the decline in revenue[35]. - The company reported a total comprehensive loss of CNY 52,424,205.96 for the first half of 2022, compared to a loss of CNY 8,551,383.38 in the same period of 2021[124]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,962,337,065.84, an increase of 3.57% from CNY 4,791,160,528.13 at the end of the previous year[22]. - The company's cash and cash equivalents at the end of the reporting period amounted to CNY 977,792,803.74, representing 19.70% of total assets, an increase of 0.92% from the previous year[42]. - The long-term equity investment increased to CNY 847,542,712.31, accounting for 17.08% of total assets, up by 4.93% year-on-year due to increased investment in joint ventures[42]. - Total liabilities increased to CNY 2,693,759,077.24 from CNY 2,499,786,165.28, marking a rise of 7.8%[117]. - Current liabilities totaled CNY 1,389,468,538.10, down from CNY 1,541,916,252.22, indicating a decrease of 9.9%[117]. - Non-current liabilities rose to CNY 1,304,290,539.14 from CNY 957,869,913.06, an increase of 36.1%[117]. Investment and R&D - Research and development investment increased by 24.45% to ¥23,964,240.33, driven by enhanced R&D efforts in the tourism cultural technology sector[35]. - The company reported an investment income of CNY 1,052,282.20, which accounted for -2.33% of total profit[40]. - The total investment during the reporting period was CNY 267,820,000.00, reflecting a 13.86% increase compared to the previous year[45]. Shareholder and Capital Structure - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total number of shares is 1,012,434,813, with 27.82% being limited sale shares[100]. - The proportion of state-owned shares is 18.14%, while other domestic shares account for 9.68%[100]. - Yunnan Expo Tourism Holding Group Co., Ltd. holds 35.74% of shares, making it the largest shareholder with 361,883,986 shares[102]. - The second largest shareholder, Overseas Chinese Town Group Co., Ltd., holds 18.14% with 183,679,720 shares[102]. Risk Factors and Management - The company has outlined potential risks and countermeasures in the report, urging investors to be aware of investment risks[4]. - The company faces market competition risks due to the increasing number of competitors and potential competitors in the tourism industry, which may impact its traditional competitive advantages[54]. - The company is undergoing a transformation and upgrade, requiring higher management capabilities in service, talent, marketing, and technology integration[54]. - The impact of the COVID-19 pandemic continues to affect the tourism and hospitality sectors, with expected slow recovery in visitor numbers in the short term[54]. Governance and Compliance - The board of directors consists of 9 members, including 3 independent directors, ensuring professional and scientific decision-making[65]. - The company actively protects the rights of small and medium shareholders by ensuring their participation in major decisions and providing transparent information disclosure[65]. - The company has no significant environmental violations or penalties during the reporting period, adhering to various environmental protection laws[64]. - The company emphasizes the protection of employee rights and has established a human resources management system that complies with legal requirements[66]. Financial Reporting and Auditing - The semi-annual financial report has not been audited[73]. - The financial statements are prepared in accordance with the accounting standards set by the Ministry of Finance, reflecting the company's financial status and operating results accurately[154]. - The company’s accounting period runs from January 1 to December 31 each year[155].