CBMT(SH:603099)2024-03-21 16:00Financial Performance - The company's operating revenue for the reporting period was RMB 620.43 million, an increase of 218.73% compared to RMB 194.65 million in the same period last year[1]. - The net profit attributable to shareholders was RMB 138.06 million, a significant increase of 340.59% from a net loss of RMB 57.39 million in the previous year[1]. - Total assets at the end of the reporting period reached RMB 1.23 billion, reflecting a growth of 15.10% from RMB 1.07 billion at the beginning of the period[1]. - The net cash flow generated from operating activities was RMB 250.55 million, a substantial increase of 6,889.17% compared to RMB 3.58 million in the previous year[17]. - The weighted average return on net assets increased by 20.59 percentage points to 14.19% from -6.13% in the previous year[17]. - Basic earnings per share were RMB 0.52, a significant improvement from a loss of RMB 0.22 per share in the previous year, representing a 336.36% increase[17]. - The company's revenue for Q2 was approximately CNY 98.06 million, showing a significant increase compared to Q1's CNY 69.61 million[28]. - The net profit attributable to shareholders for Q2 was CNY 16.39 million, a recovery from a loss of CNY 4.14 million in Q1[28]. - The net profit after deducting non-recurring gains and losses for Q2 was CNY 15.81 million, compared to a loss of CNY 4.44 million in Q1[28]. - The net cash flow from operating activities for Q2 was CNY 30.92 million, a substantial increase from CNY 5.94 million in Q1[28]. Business Operations - The company has exclusive operating rights for tourist transportation in three scenic areas of Changbai Mountain, expanding its services to include ride-hailing and charter bus operations[14]. - The company has established a subsidiary, Zhixing Tourism Company, to specialize in ride-hailing services since April 2022[14]. - The company holds exclusive mining rights for the Julong Hot Spring, with an annual production capacity of 180,000 cubic meters of spring water[14]. - The company has invested in the development of a hot spring resort hotel in Changbai Mountain, which began operations in December 2016[25]. - The company is transitioning from a traditional travel agency to an online travel agency model, enhancing product integration and customized services[25]. - The company established a new travel company, Yiyou Tourism, in January 2022 to strengthen product planning and terminal sales[25]. - The company is focused on expanding its hotel management business within the region to enhance its hospitality segment[25]. - The company is actively involved in the management and development of the Changbai Mountain scenic area, which includes souvenir development and service facility construction[26]. - The company aims to leverage its ecological resources and location advantages to drive regional tourism collaboration and development[25]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.78 per share, totaling RMB 20.80 million, which accounts for 15.07% of the net profit attributable to shareholders[11].