*ST西域(300859) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was ¥26,260,811.54, a decrease of 63.86% compared to ¥72,669,722.13 in the same period last year[22]. - The net profit attributable to shareholders was a loss of ¥20,531,381.76, representing a decline of 217.13% from a profit of ¥17,528,098.13 in the previous year[22]. - The net cash flow from operating activities was negative at ¥4,580,132.99, a decrease of 110.57% compared to ¥43,327,272.48 in the same period last year[22]. - Basic and diluted earnings per share were both -¥0.13, down 218.18% from ¥0.11 in the previous year[23]. - Total assets decreased by 8.66% to ¥670,337,948.44 from ¥733,900,166.25 at the end of the previous year[23]. - Net assets attributable to shareholders decreased by 5.66% to ¥600,602,324.24 from ¥636,633,706.00 at the end of the previous year[23]. - The company reported a total revenue of 23,669 million RMB for the first half of 2022[49]. - The company reported a total revenue of 1,952,299 thousand with a net profit of 3,784,089 thousand for the period[57]. - The total comprehensive income for the first half of 2022 was a loss of ¥20,877,244.42, compared to a profit of ¥17,451,083.97 in the first half of 2021[129]. - The total comprehensive income for the first half of 2022 was 531.38 million yuan, a decrease of 20% compared to the previous period[142]. Impact of COVID-19 - The impact of the COVID-19 pandemic on the tourism industry remains significant, with ongoing uncertainties affecting future operations[3]. - In the first half of 2022, the company experienced a 68% year-over-year decline in visitor reception due to ongoing pandemic impacts[30]. - The tourism market began to recover in late June 2022 as pandemic control measures were optimized, although uncertainty remains due to potential future outbreaks[30]. - The ongoing COVID-19 pandemic continues to pose uncertainties for the tourism industry, affecting future operations[59]. Business Strategy and Operations - The company is focusing on risk management strategies in response to the pandemic's impact on its business[3]. - The company has undergone changes in its business scope, including the addition of digital content production services[22]. - The company has developed a comprehensive tourism business chain, leveraging its unique natural resources and competitive market position in Xinjiang[29]. - The company plans to optimize its tourism business layout and enhance service capabilities to mitigate financial risks[58]. - The company aims to improve operational efficiency and explore new projects to strengthen its core competitiveness against pandemic challenges[59]. - The company plans to purchase 30 new energy buses for the Tianshan Tianchi scenic area, with 20 already acquired and 10 pending[49]. - The company is exploring potential mergers and acquisitions to enhance its market share and competitive advantage[145]. Financial Management and Investments - The company has not reported any issues or other circumstances regarding the use and disclosure of raised funds[50]. - The company has established a harmonious labor relationship through regular health check-ups and employee feedback mechanisms[70]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[75]. - The company has not reported any violations regarding external guarantees during the reporting period[76]. - The company signed a financing lease contract with China Merchants Jinling Leasing Co., Ltd. for a total lease amount of RMB 112,420,438.00, with a financing amount of RMB 100,000,000.00[92]. - The company has fully repaid the financing lease amount by May 27, 2022[93]. - The company has approved the use of up to 80 million RMB of idle funds for cash management, investing in high-security, liquid financial products[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,878[105]. - The largest shareholder, Xinjiang Tianchi Holdings Co., Ltd., holds 38.25% of the shares, totaling 59,287,500 shares[105]. - The second-largest shareholder, Xin Tian Guo Ji Technology Co., Ltd., holds 24.88% of the shares, totaling 38,559,663 shares[105]. - There were no changes in the number of shares held by major shareholders during the reporting period[104]. Compliance and Governance - The company emphasizes strict compliance with labor laws, ensuring employee rights and establishing a stable labor relationship[70]. - The company has implemented a management system for information disclosure, ensuring accurate and timely communication with investors[71]. - The company has not experienced any bankruptcy restructuring or significant financial irregularities[78]. - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of June 30, 2022[165]. Asset Management - The company's cash and cash equivalents accounted for 32.00% of total assets, down from 35.34% at the end of the previous year, reflecting a decline in liquidity[39]. - The company's total assets at the end of the reporting period were 654.5 million yuan, demonstrating growth in asset base[149]. - The company's equity attributable to owners was 65.64 million yuan, maintaining a solid equity structure[148].