三峡旅游(002627) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥531,695,285.28, a decrease of 6.13% compared to ¥566,429,725.71 in the same period last year[8] - Net profit attributable to shareholders increased by 86.43% to ¥20,385,337.38 from ¥10,934,648.92 year-on-year[8] - The net profit after deducting non-recurring gains and losses rose by 62.67% to ¥16,189,762.36 compared to ¥9,952,701.35 in the previous year[8] - Basic earnings per share increased by 9.64% to ¥0.0648 from ¥0.0591 year-on-year[8] - The company reported a total investment cost of 320 million yuan for other financial assets, with a fair value change of 0 yuan[30] - The company’s total comprehensive income for the first quarter was CNY 1,691,596.98, reflecting a decrease of 62.0% from CNY 4,442,104.75 in the previous year[52] Cash Flow - The net cash flow from operating activities was ¥7,909,112.83, a significant improvement from a negative cash flow of ¥127,793,635.32 in the same period last year, marking a 106.19% increase[8] - Cash flow from investment activities generated a net inflow of CNY 41,323,037.38, compared to a net outflow of CNY 688,045,770.44 in the previous year[56] - Cash and cash equivalents at the end of the period increased to CNY 874,102,973.80, up from CNY 355,209,509.33 at the end of the previous year[56] - The net cash flow from operating activities was ¥95,786,657.89, a significant improvement compared to the negative cash flow of ¥39,510,698.22 in the same period last year[59] - Total cash inflow from financing activities amounted to ¥120,000,000.00, while cash outflow was ¥109,266,265.59, resulting in a net cash flow of ¥10,733,734.41[60] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,757,361,367.54, a decrease of 2.19% from ¥3,841,495,410.93 at the end of the previous year[8] - Total current assets decreased to ¥1,910,901,363.02 from ¥2,072,655,892.90, a decline of approximately 7.8%[38] - Total liabilities decreased to ¥1,546,605,388.49 from ¥1,645,415,579.76, a reduction of approximately 6.0%[39] - The company's total liabilities amounted to CNY 879,743,574.63, slightly down from CNY 882,925,078.14 in the previous year[45] - Total equity increased to ¥2,210,755,979.05 from ¥2,196,079,831.17, reflecting a growth of about 0.7%[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,107[12] - The largest shareholder, Yichang Transportation Tourism Industry Development Group Co., Ltd., held 28.50% of the shares, amounting to 89,704,339 shares[12] Investments and Acquisitions - The company formed a joint venture with Hubei Shennong Tourism Investment Group to operate transportation services in scenic areas[20] - The company plans to issue shares to acquire 100% equity of Hubei Sanxia Jiufenggu Tourism Development Co., Ltd.[21] - The company completed the acquisition of a 21.74% stake in Taipingxi Port Tourism Passenger Transport Co., Ltd., making it a wholly-owned subsidiary[22] - The company established a joint venture with Shentour Group to form a new company on January 5, 2019[25] - The company signed a strategic cooperation framework agreement with Three Gorges Tourism Company on March 8, 2019[25] Operational Highlights - Accounts receivable increased by ¥18.72 million, a growth of 108.46%, mainly from new tourism and passenger transport business[16] - Inventory decreased by ¥68.74 million, down 26.37%, due to improved inventory management and increased vehicle sales[16] - Long-term equity investments increased by ¥10 million, a growth of 32.07%, due to new investments in Hubei Shendong Tourism Passenger Transport Co., Ltd.[16] - The company reported an investment income of CNY 9,303,643.84, significantly higher than CNY 1,076,161.64 in the previous year[46] Compliance and Governance - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27] - The company has no violations regarding external guarantees during the reporting period[31] - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[32] - The company did not undergo an audit for the first quarter report[61]