众信旅游(002707) - 2020 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -136,294,935.26, a decrease of 3,090.19% year-on-year[9] - Operating revenue fell by 96.66% to CNY 127,968,949.09 for the reporting period[9] - The net cash flow from operating activities was CNY -44,314,151.66, a decline of 398.83% compared to the same period last year[9] - Basic earnings per share were CNY -0.157, a decrease of 3,240.00% year-on-year[9] - The weighted average return on net assets was -6.29%, down from -13.89% in the same period last year[9] - The company reported a significant decline in net profit and revenue due to the impact of the pandemic on the tourism industry[9] - Revenue dropped by 85.91% from CNY 9,546,895,023.88 to CNY 1,345,254,792.74, significantly impacted by the COVID-19 pandemic[27] - The total comprehensive income for the period was CNY 3,708,019.43, compared to CNY 8,720,427.26 in the previous period[58] - The total comprehensive income for the current period is CNY -168,334,469.53, compared to CNY 8,647,125.82 in the previous period[76] - The company reported a significant decrease in employee compensation liabilities, dropping to RMB 15.39 million from RMB 30.11 million, a decline of approximately 48.9%[55] - The company reported a net loss of CNY 1,521,666.59 from investment income, compared to a gain of CNY 1,624,049.56 in the previous period[70] - The company reported a net loss of ¥377,751,400.87 for the current period, compared to a net profit of ¥128,890,966.58 in the previous period, indicating a significant decline in profitability[87] Assets and Liabilities - Total assets decreased by 16.29% to CNY 4,776,374,110.69 compared to the end of the previous year[9] - Total current assets decreased to RMB 2.1886 billion from RMB 3.1524 billion at the end of 2019, reflecting a decline of approximately 30.5%[49] - Total liabilities decreased to RMB 2.5399 billion from RMB 3.2243 billion, a reduction of approximately 21.3%[55] - The company's equity increased to RMB 1.2365 billion from RMB 1.1743 billion, reflecting an increase of about 5.3%[55] - Total assets amounted to CNY 5,706,147,212.91, with current assets at CNY 3,152,420,932.23 and non-current assets at CNY 2,553,726,280.68[114] - Total liabilities reached CNY 3,224,253,494.88, with current liabilities at CNY 2,585,262,385.89 and non-current liabilities at CNY 638,991,108.99[117] - The company's equity totaled CNY 2,481,893,718.03, with CNY 879,115,016.00 in share capital and CNY 883,916,241.16 in undistributed profits[117] - Total liabilities amount to approximately 1.87 billion, while total equity is approximately 2.23 billion, resulting in total liabilities and equity of approximately 4.10 billion[126] Cash Flow - The company reported a financial expense of CNY 19,816,774.65 for the current period, down from CNY 26,951,799.23 in the previous period[77] - The cash inflow from operating activities for the current period is ¥1,353,239,594.22, a significant decrease of approximately 86.4% compared to ¥9,955,430,479.24 in the previous period[98] - The net cash flow from operating activities is ¥125,452,092.54, down from ¥169,797,544.38, indicating a decline of about 26%[98] - Cash inflow from investment activities decreased to ¥18,930,808.18 from ¥64,374,376.88, representing a drop of approximately 70.6%[101] - The ending balance of cash and cash equivalents is ¥1,002,342,669.35, down from ¥1,094,955,592.61, reflecting a decrease of approximately 8.4%[104] - The company reported a significant reduction in cash received from sales of goods and services, totaling ¥1,277,171,951.44 compared to ¥9,852,773,592.34 in the previous period, a decline of about 87.0%[98] Shareholder Information - The top shareholder, Feng Bin, holds 29.23% of the shares, totaling 266,009,800 shares[13] - The company plans to borrow up to CNY 500 million from its controlling shareholder to support daily operations following a share transfer agreement with Alibaba[28] - The company repurchased 22,008,826 shares at a total cost of CNY 112,949,091.02, with a maximum price of CNY 5.67 per share[32] Operational Challenges - There were no significant new product launches or market expansions reported during this period[9] - Operating costs decreased by 83.84% from CNY 8,592,087,353.96 to CNY 1,388,066,678.76, reflecting the same pandemic-related challenges[27] - The company has incurred a loss of CNY 29,030,413.89 attributed to minority shareholders in the current period, compared to a profit of CNY 8,504,419.88 in the previous period[73] - The company has reported a tax expense of CNY -75,335,521.61 for the current period, compared to CNY 6,366,372.02 in the previous period[73]