SXLY(SZ:002627)2024-04-17 10:54Share Repurchase - The company repurchased a total of 5,761,234 shares, accounting for 0.78% of the total share capital, with a total transaction amount of 26.4953 million yuan[1]. - The company plans to repurchase shares at a price not exceeding 7.00 RMB per share, with a total repurchase amount between 50 million and 100 million RMB, potentially affecting approximately 1.94% of the total share capital[21]. Financial Performance - The net profit for the first quarter was approximately 9.90 million yuan, down from 19.99 million yuan in the same period last year, indicating a decline of about 50.6%[10]. - Total operating revenue for Q1 2024 was ¥130,680,291.86, a decrease of 72.04% compared to ¥467,427,243.61 in the same period last year[32]. - Net profit attributable to shareholders was ¥9,474,005.89, down 53.20% from ¥20,242,173.45 year-on-year[32]. - Basic earnings per share for the quarter were 0.0128 yuan, down from 0.0274 yuan year-over-year, reflecting a decrease of about 53.1%[10]. Assets and Liabilities - As of March 31, 2024, current assets totaled approximately 1.84 billion yuan, down from 1.91 billion yuan at the beginning of the period, representing a decrease of about 3.5%[2]. - The company's total assets decreased to approximately 4.17 billion yuan from 4.25 billion yuan, a reduction of about 1.9%[4]. - The total liabilities decreased to approximately 842.02 million yuan from 907.33 million yuan, a decline of about 7.2%[4]. - The equity attributable to shareholders of the parent company was approximately 3.09 billion yuan, down from 3.11 billion yuan, a decrease of about 0.3%[7]. Cash Flow - The net cash flow from operating activities for the current period is -40,771,959.98 RMB, a decrease from 57,041,368.19 RMB in the previous period, indicating a significant decline in operational performance[15]. - Total cash inflow from operating activities is 183,236,168.42 RMB, down from 667,607,697.21 RMB in the previous period, reflecting a decrease of approximately 72.5%[11]. - Cash outflow from operating activities totals 224,008,128.40 RMB, compared to 610,566,329.02 RMB in the previous period, marking a reduction of about 63.3%[15]. - The net cash flow from investing activities is -33,644,834.92 RMB, worsening from -10,040,360.96 RMB in the previous period[15]. - Cash inflow from investing activities is 1,298,587.48 RMB, significantly lower than 22,445,270.43 RMB in the previous period, a decrease of approximately 94.2%[15]. - Cash outflow from financing activities is 30,768,013.27 RMB, down from 65,148,579.57 RMB in the previous period, indicating a reduction of about 52.8%[15]. - The net cash flow from financing activities is -27,829,713.14 RMB, compared to 231,886,451.37 RMB in the previous period, showing a substantial decline[15]. - The ending cash and cash equivalents balance is 757,309,904.34 RMB, down from 1,461,354,057.75 RMB in the previous period, a decrease of approximately 48%[15]. Inventory and Receivables - Accounts receivable increased to approximately 19.96 million yuan from 15.75 million yuan, reflecting a growth of about 26.4%[2]. - Inventory rose significantly to approximately 9.98 million yuan from 5.25 million yuan, marking an increase of about 90.5%[2]. - The company experienced a 90.10% increase in inventory, attributed to the procurement of materials for cruise operations[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,422[37]. - Yichang Transportation Tourism Industry Development Group Co., Ltd. holds 24.93% of shares, totaling 184,050,464 shares[37]. - Three Gorges Capital Holdings Co., Ltd. holds 5.66% of shares, totaling 41,753,653 shares[37]. - Wang Jian, an individual shareholder, holds 3.89% of shares, totaling 28,712,500 shares[37]. - Hubei Province E-Tour Investment Venture Capital Co., Ltd. holds 3.70% of shares, totaling 27,297,102 shares[37]. Other Financial Metrics - The company reported a deferred income tax asset of approximately 3.37 million yuan, slightly up from 3.30 million yuan, indicating a growth of about 1.9%[4]. - The weighted average return on net assets was 0.31%, down from 0.67% in the previous year[32]. - The company reported a significant reduction in sales expenses, down 89.09% to ¥1,180,578.38, primarily due to the exclusion of a subsidiary from consolidation[36]. - Financial expenses increased by 84.90% to -¥3,261,710.04, attributed to a decrease in interest income from raised funds[36]. - Investment income rose by ¥218.48 million, mainly from investments in a joint venture[36]. - The company recorded a decrease in asset disposal income by 74.05% to ¥421,054.81, with no significant asset disposals in the current period[36]. Audit Status - The first quarter report has not been audited, which may impact investor confidence and perceptions of financial accuracy[16].