2016 年年度报告 黄山旅游发展股份有限公司 A 股股票代码：600054 B 股股票代码：900942 2016 年年度报告 2017 年 4 月 1 / 139 2016 年年度报告 公司代码：600054 公司简称：黄山旅游 900942 黄山 B 股 黄山旅游发展股份有限公司 2016 年年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 1、以 2016 年末总股本 747,300,000 股为基数，向全体股东按每 10 股分配现金红利 1.90 元 人民币(含税)，共派发现金红利 141,987,000.00 元人民币。 2、上述 B 股股利以美元派发，美元与人民币汇率按 2016 年度股东大会批准后的第一个工作 日中国人民银行公布的美元兑人民币的中间价计算。 3、2016年度不进行资本公积转增股本。 此分配预案须提交2016年度股东大会审议批准后实施。 六、 前瞻性陈述的风险声明 √适用 □不适用 年度报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬 请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 ...

2016 年第三季度报告 公司代码：600054 公司简称：黄山旅游 900942 黄山 B 股 黄山旅游发展股份有限公司 2016 年第三季度报告 2016 年 10 月 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2016 年第三季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 2.1 主要财务数据 | | | | | | 单位：元 币种：人民币 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 本报告期末 | | 上年度末 | | 本报告期末比上年 | | | | | | | | | 度末增减(%) | | | | 总资产 | 4,135,415,459.24 | | | 4,036,711,008.98 | | | 2.45 | | 归属于上市公司股东 | 3,213,698,267.30 | | | 2,977,276,426 ...

Visitor Statistics - In the first half of 2016, the company received 1.4153 million visitors, an increase of 8.83% year-on-year[22]. Financial Performance - The company's operating revenue for the first half of 2016 was 732.12 million yuan, representing a year-on-year growth of 11.57%[16]. - The net profit attributable to shareholders of the listed company was 175.18 million yuan, a year-on-year increase of 40.91%[16]. - The basic earnings per share for the first half of 2016 was 0.2344 yuan, reflecting a growth of 33.33% year-on-year[17]. - The total operating revenue for the first half of 2016 was CNY 732,115,896.91, an increase of 11.55% compared to CNY 656,219,873.63 in the same period last year[71]. - Net profit for the first half of 2016 reached CNY 185,191,282.69, representing a growth of 47.67% from CNY 125,454,739.62 in the previous year[72]. - The company's net profit for the period was 127,073,738.47 RMB, reflecting a positive performance compared to the previous reporting period[91]. Cash Flow - The net cash flow from operating activities was 159.47 million yuan, up 48.57% compared to the same period last year[16]. - The operating cash flow generated from business activities was CNY 159.47 million, up from CNY 107.34 million in the same period last year, indicating a growth of 48.6%[78]. - The company reported a significant decrease in accounts payable from CNY 185,521,909.59 to CNY 133,442,979.98, a decline of about 28.1%[65]. - The company experienced a cash outflow from investment activities of CNY 6.51 million, an improvement from a cash outflow of CNY 82.36 million in the previous year, indicating a reduction in investment losses[79]. Assets and Liabilities - The total assets at the end of the reporting period were 4.08 billion yuan, an increase of 1.06% from the end of the previous year[16]. - The total liabilities decreased to CNY 759,416,084.08 from CNY 785,228,176.05, a reduction of 3.29%[69]. - The company's total assets as of June 30, 2016, were CNY 3,888,804,725.96, compared to CNY 3,840,192,079.46 at the beginning of the year, indicating a growth of 1.26%[69]. - The company's total liabilities at the end of the period were 1,490,178,000.00 RMB, indicating a manageable debt level relative to its equity[92]. Shareholder Information - The company distributed a cash dividend of 1.80 RMB per 10 shares, totaling 89.68 million RMB, and increased capital by 249.1 million shares, raising total shares to 747.3 million[41]. - The largest shareholder, Huangshan Tourism Group Co., Ltd., holds 296,595,750 shares, accounting for 39.69% of total shares[56]. - The total number of shareholders reached 34,569 by the end of the reporting period[55]. - The company has 273,620,000 unrestricted shares, which is 54.9% of the total shares[51]. Strategic Initiatives - The company signed strategic cooperation framework agreements with Hanyuan Capital and Jingyu Group to enhance external cooperation resources and promote comprehensive tourism development in Huangshan[23]. - The company is actively pursuing business expansion and has engaged investment experts as strategic development consultants[23]. - The company plans to gradually exit the real estate business by December 31, 2019, to resolve competition issues with Huangshan Tourism Group[45]. Governance and Compliance - The company’s governance structure has been updated to comply with regulatory requirements following changes in board members[47]. - The company has not reported any significant litigation or arbitration matters during the reporting period[44]. - The company has not reported any changes in its controlling shareholders or actual controllers during the reporting period[58]. Investment and Fundraising - The company’s fundraising activities, including a private placement of shares, have been progressing as planned, with significant milestones achieved[26]. - The total amount of raised funds in 2015 was approximately 488.66 million RMB, with 67 million RMB utilized for the project and 421.66 million RMB remaining for future use[36]. - The balance of raised funds as of June 30, 2016, was approximately 42.24 million RMB, primarily for the environmental renovation project of Beihai Hotel and the renovation project of Yuhua Cableway[36]. Revenue Recognition - Revenue from sales is recognized when the risks and rewards of ownership are transferred, and the amount can be reliably measured[176]. - Service revenue is recognized using the percentage-of-completion method when the outcome can be reliably estimated[176]. - The company recognizes revenue from hotel room services when the service is provided and payment is received or the right to collect payment is obtained[178]. Accounting Policies - The company adheres to the accounting standards set forth by the Enterprise Accounting Standards, ensuring the financial reports reflect a true and complete picture of its financial status[103]. - The company prepares consolidated financial statements based on control, including subsidiaries determined by voting rights and structured entities[109]. - The company recognizes deferred tax assets or liabilities for temporary differences arising from unrealized internal sales profits[112]. Employee Benefits - Short-term employee compensation includes basic salaries, bonuses, and benefits, recognized as liabilities in the period services are provided[167]. - The company recognizes liabilities for short-term profit-sharing plans when there is a legal or constructive obligation to pay employees[168]. - For defined benefit plans, the company calculates the present value of obligations and service costs using actuarial assumptions and discount rates based on market yields[170].

2016 年第一季度报告 公司代码：600054 公司简称：黄山旅游 900942 黄山 B 股 黄山旅游发展股份有限公司 2016 年第一季度报告 2016 年 4 月 1 / 20 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2016 年第一季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 3,948,569,015.52 | 4,036,711,008.98 | -2.18% | | | 归属于上市公司 | 3,035,071,924.00 | 2,977,276,426.40 | 1.94% | | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | ...

Financial Performance - The net profit attributable to shareholders for 2015 was CNY 295,790,789.34, representing a 41.36% increase compared to CNY 209,242,056.27 in 2014[5]. - Total operating revenue for 2015 reached CNY 1,664,622,271.70, an increase of 11.73% from CNY 1,489,909,996.78 in 2014[22]. - The basic earnings per share for 2015 was CNY 0.62, up 40.91% from CNY 0.44 in 2014[23]. - The company's net profit attributable to shareholders increased significantly, driven by a growth in tourist numbers and revenue, reaching RMB 167,965,240.27 in Q3 2015[25]. - The company reported a total revenue of RMB 566,821,247.23 in Q3 2015, reflecting a strong performance in its core business segments[25]. - The net profit attributable to shareholders was 296 million RMB, reflecting a significant year-on-year growth of 41.36%[41]. - Net profit for 2015 was CNY 312,223,601.40, representing a growth of 40.6% from CNY 221,859,451.66 in 2014[150]. - Total profit for the year was CNY 432,738,362.83, up from CNY 307,120,088.07, showing a growth of 41%[150]. Assets and Equity - The total assets as of the end of 2015 amounted to CNY 4,036,711,008.98, a 17.63% increase from CNY 3,431,701,751.74 in 2014[22]. - The company's net assets attributable to shareholders increased by 34.04% to CNY 2,977,276,426.40 from CNY 2,221,105,337.06 in 2014[22]. - The total equity increased to ¥3,009,641,908.83 from ¥2,250,669,529.61, representing a growth of about 33.7%[145]. - The total owner's equity at the end of the current period was 2,279,591,000.00, which includes an unallocated profit of 1,391,380,000.00[176]. Cash Flow - The net cash flow from operating activities for 2015 was CNY 635,203,955.67, reflecting a 55.28% increase from CNY 409,080,639.58 in 2014[22]. - The company's cash flow from operating activities showed a significant recovery, with RMB 203,901,127.41 in Q4 2015, indicating improved operational efficiency[25]. - The net cash flow from operating activities increased by 55.28% to ¥635,203,955.67 compared to the previous year, primarily due to increased revenue from ticket sales and cable car services[52]. - The net cash flow from financing activities improved significantly by 190.54% to ¥204,909,953.19, mainly due to cash received from a private placement of A-shares[52]. - The ending cash and cash equivalents balance increased to ¥716,845,328.95 from ¥294,270,992.15, representing a growth of approximately 143.5%[157]. Shareholder Returns and Dividends - The cash dividend proposed is CNY 1.80 per 10 shares, totaling CNY 89,676,000.00, with remaining undistributed profits of CNY 1,522,268,466.32 to be carried forward[5]. - The company has implemented a cash dividend policy, distributing 30.32% of its net profit to shareholders in 2015, amounting to approximately 295.79 million RMB[72]. Business Operations and Strategy - The company operates multiple business segments, including scenic area management, cable car services, hotel operations, travel agency services, and themed dining, enhancing its market presence[31][32]. - The company’s strategic focus includes expanding its cultural dining brand, leveraging its tourism resources and management expertise[32]. - The company plans to transition from scenic tourism to comprehensive tourism, expanding its reach nationally through strategic partnerships and project acquisitions[62]. - The company is focusing on enhancing its operational efficiency through reforms in management and cost control, including centralized booking and procurement[64]. Market and Industry Trends - The tourism industry is experiencing a golden development period, with increasing contributions to the national economy, benefiting the company's growth prospects[34]. - The company is adapting to the competitive landscape of the tourism industry, which is seeing increased investment from large enterprises and a shift towards personalized travel experiences[61]. Financial Management and Governance - The company has established a remuneration decision-making process for directors and supervisors, requiring board and shareholder approval[117]. - The company has maintained a governance structure in accordance with relevant laws and regulations, ensuring proper operation and compliance[124]. - The financial statements for the year ended December 31, 2015, received a standard unqualified audit opinion from Huapu Tianjian Accounting Firm[135]. Investments and Capital Structure - The company successfully completed a private placement project, raising nearly 500 million RMB, and issued 300 million RMB in short-term financing bonds[40]. - The issuance of new shares has optimized the company's capital structure and strengthened its financial position[96]. - The company raised its registered capital to 498,200,000.00 after a private placement of 26,850,000 shares, which was approved by the China Securities Regulatory Commission[178]. Employee and Management - The company employed a total of 3,204 staff, including 112 in the parent company and 3,092 in major subsidiaries[120]. - Total compensation for directors, supervisors, and senior management amounted to 3.3915 million yuan during the reporting period[117]. - The company has implemented a total salary control policy linked to annual operational goals and performance[121].

2015 年第三季度报告 2.1 主要财务数据 公司代码：600054（A 股） 公司简称：黄山旅游（A 股） 900942（B 股） 黄山 B 股（B 股） 黄山旅游发展股份有限公司 2015 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2015 年第三季度报告 一、 重要提示 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 | | | | | 单位：元 币种：人民币 | | | --- | --- | --- | --- | --- | --- | | | 本报告期末 | | 上年度末 | 本报告期末比上年 | | | | | | | 度末增减(%) | | | 总资产 | 3,975,813,088.72 | | 3,431,701,751.74 | 15.86 | | | 归属于上市公司 | 2,973,768,372.60 | | 2,221,105,337.06 ...

Financial Performance - The company's operating revenue for the first half of 2015 was CNY 656.22 million, representing a year-on-year growth of 5.53%[18]. - The net profit attributable to shareholders for the same period was CNY 124.32 million, an increase of 10.43% compared to the previous year[18]. - The net cash flow from operating activities increased by 32.08% to CNY 107.34 million[18]. - The gross profit margin for hotel operations improved by 5.66 percentage points to 27.83%, while the gross profit margin for the cableway business decreased by 2.04 percentage points to 82.75%[32]. - The total revenue from the real estate sales segment was ¥68,851,752.00, showing a significant increase of 30.84% compared to the previous year, with a gross profit margin of 15.08%[32]. - Total operating revenue for the current period reached ¥656,219,873.63, an increase of 5.5% compared to ¥621,820,100.00 in the previous period[63]. - Operating profit for the current period was ¥164,930,666.63, representing a growth of 3.3% from ¥158,868,480.04 in the prior period[64]. - Net profit for the current period was ¥125,454,739.62, an increase of 4.0% compared to ¥120,072,011.89 from the previous period[64]. - The company reported a total profit of ¥168,950,393.44, which is a 5.8% increase from ¥159,990,756.02 in the previous period[64]. Visitor and Market Activity - In the first half of 2015, the company received 1.3045 million visitors, a year-on-year increase of 1.8%[24]. - The company has implemented a series of marketing activities in response to the opening of high-speed rail, enhancing both online and offline promotional efforts[24]. - The company is actively pursuing market expansion and new strategies, including the ongoing renovation of the YUPING cableway project[36]. - The company plans to expand its market presence and invest in new product development to drive future growth[63]. - The company is focused on expanding its market presence through strategic partnerships and acquisitions in the tourism sector[87]. Shareholder and Equity Information - Total number of shareholders reached 36,008 by the end of the reporting period[48]. - The largest shareholder, Huangshan Tourism Group Co., Ltd., holds 197,730,000 shares, representing 41.95% of total shares[49]. - The second largest shareholder, Greenwoods China, holds 15,117,493 shares, accounting for 3.21%[49]. - The company plans to distribute a cash dividend of ¥0.6 per 10 shares, totaling ¥28,281,000, approved by the 2014 annual general meeting[37]. - The total equity attributable to the parent company at the end of the current period is 30,701.4 million RMB, reflecting growth[80]. - The total equity attributable to owners at the end of the current period is 2,149,900,000.00, reflecting a change from the previous period[86]. - The company has seen a net increase in capital reserves, contributing to overall financial stability[85]. Asset and Liability Management - The company's total assets at the end of the reporting period were CNY 3.42 billion, a decrease of 0.43% from the previous year[18]. - Total current assets amounted to CNY 1,200,275,501.92, slightly down from CNY 1,204,144,180.63 at the beginning of the period[55]. - Total liabilities decreased to CNY 1,069,103,674.55 from CNY 1,181,032,222.13, showing a reduction in financial obligations[57]. - Shareholders' equity increased to CNY 2,347,843,269.23 from CNY 2,250,669,529.61, indicating growth in company value[57]. - The company maintains a stable short-term borrowing level at CNY 150,000,000.00 throughout the period[60]. Investment and Capital Expenditure - The company has invested ¥17,865,000 in the YUPING cableway renovation project, with a cumulative actual investment of ¥12,869,960[36]. - Cash inflow from investment activities totaled ¥6,478,412.32, compared to ¥2,505,442.05 in the previous period, marking a significant increase[71]. - Cash outflow from investment activities was ¥88,833,522.15, down 36.8% from ¥140,402,621.29 in the prior period[71]. - The company has identified strategic opportunities for mergers and acquisitions to enhance its competitive position in the market[63]. Financial Reporting and Compliance - The financial report was approved by the board of directors on August 25, 2015, ensuring compliance with regulatory requirements[88]. - The financial statements prepared by the company comply with the requirements of the accounting standards, accurately reflecting the financial position and operating results[95]. - The company operates on a fiscal year from January 1 to December 31, with a normal operating cycle of 12 months[96]. - The company consolidates financial statements based on control, including subsidiaries and structured entities, reflecting the overall financial status of the group[101]. Risk Management and Internal Controls - The company is focusing on enhancing its risk management strategies, as indicated by the allocation to general risk reserves[81]. - The company maintains its core competitiveness without any changes during the reporting period[31]. - The company has not reported any significant changes in accounting policies or estimates that would impact financial reporting[94]. Employee Compensation and Benefits - Employee compensation, including short-term salaries and benefits, is recognized as liabilities in the period services are provided[193]. - The company recognizes liabilities for employee benefits based on actual occurrences and estimates for future obligations[196]. - The defined benefit plan net liability or net asset is recognized as the present value of obligations minus the fair value of plan assets[198].

2015 年第一季度报告 公司代码：600054 900942 公司简称：黄山旅游 黄山 B 股 黄山旅游发展股份有限公司 2015 年第一季度报告 1 / 20 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2015 年第一季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 3,348,242,512.83 | 3,431,701,751.74 | | -2.43 | | 归属于上市公司 | 2,235,421,808.48 | 2,221,105,337.06 | | 0.64 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 ...

Financial Performance - The net profit attributable to shareholders for 2014 was CNY 209,242,056.27, representing a 45.50% increase compared to CNY 143,808,053.42 in 2013[5]. - Total operating revenue for 2014 reached CNY 1,489,909,996.78, marking a 15.13% increase from CNY 1,294,090,283.92 in 2013[29]. - The net cash flow from operating activities increased by 69.94% to CNY 409,080,639.58 from CNY 240,721,955.85 in the previous year[29]. - Basic earnings per share increased by 41.94% to 0.44 RMB per share compared to 0.31 RMB per share in 2013[31]. - The weighted average return on equity rose to 9.86%, an increase of 2.54 percentage points from 2013[31]. - The company reported a significant increase in asset impairment losses, which rose by 543.98% to ¥11.00 million, primarily due to inventory write-downs[40]. - Investment income increased by 169.23% to approximately ¥1.19 million, attributed to dividends received from Huazhong Securities[40]. - The company reported a net profit of 47.55 million yuan for Huangshan Yuping Cableway Co., Ltd. in 2014[59]. - The company reported a net profit for 2014 reached CNY 241,042,601.37, compared to CNY 152,042,184.84 in the prior year, indicating a year-over-year increase of about 58.5%[174]. Assets and Liabilities - The total assets at the end of 2014 were CNY 3,431,701,751.74, a 2.28% increase from CNY 3,355,068,453.93 in 2013[30]. - The total liabilities increased by 43.99% to approximately ¥240.03 million, primarily due to increased engineering costs[52]. - The company's total equity increased from RMB 2,056,928,133.39 to RMB 2,250,669,529.61, marking an increase of approximately 9.39%[166]. - The total liabilities decreased from RMB 1,298,140,320.54 to RMB 1,181,032,222.13, representing a reduction of about 9.01%[166]. - The company's total assets increased to ¥3,263,495,976.98, up from ¥3,096,342,529.91, reflecting a growth of approximately 5.4%[170]. - The total liabilities decreased to ¥983,904,702.65 from ¥1,038,939,856.95, a decrease of approximately 5.3%[170]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.60 per 10 shares, totaling CNY 28,281,000[5]. - The company has implemented a cash dividend policy, distributing 28,281,000 RMB in cash dividends for the year 2014, which is 13.52% of the net profit attributable to shareholders[78]. - The company has revised its cash dividend policy to ensure a stable return to investors, committing to distribute at least 30% of the average distributable profit over three years[76]. - The profit distribution included a surplus reserve extraction of 24,104.2 million RMB, while the total distribution to owners was -18,854.0 million RMB[187]. Business Operations and Strategy - The company aims to receive 3.1 million tourists in 2015, targeting revenue of 1.642 billion yuan[66]. - The company is actively promoting a targeted issuance project, which has been accepted by the CSRC and received conditional approval in March 2015[38]. - The company is focused on maintaining its leading position in the domestic tourism market through innovation and quality improvement[65]. - The company has diversified its business to mitigate risks associated with economic downturns and has established emergency mechanisms to address potential natural disasters[70]. - The company is currently implementing the Yuping Cableway renovation project with an investment of 178.65 million yuan, of which 109.93 million yuan has been invested to date[62]. - The company has advanced management and technical capabilities in scenic area management and cableway operations, contributing to its competitive advantage[55]. Governance and Management - The company has established a governance structure to improve management and operational efficiency across its various business segments[70]. - The company has a diverse board with members holding various academic and professional qualifications, contributing to its governance[121]. - The company maintains independence from its controlling shareholder in business, personnel, assets, organization, and finance, ensuring autonomous operational capability[144]. - The company has implemented a performance-linked compensation assessment system for senior management to align their interests with those of shareholders[146]. - The total compensation for the board members and senior management during the reporting period amounted to 238.19 million yuan[120]. Compliance and Audit - The annual financial report received a standard unqualified audit opinion from Huapu Tianjian Accounting Firm[155]. - The audit report confirms that the financial statements fairly represent the company's financial position as of December 31, 2014[157]. - The company has made accounting policy changes that do not affect the net profit for any fiscal year, ensuring compliance with updated accounting standards[72]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[198].

| 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 10 | 2014 年第三季度报告 黄山旅游发展股份有限公司 2014 年第三季度报告 1 / 22 2014 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员应当保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | | 本报告期末比 | | --- | --- | --- | --- | --- | | | | 调整后 | 调整前 | 上年度末增减 | | | | | | (%) | | 总资产 | 3,386,975,438.98 | 3,355,068,453.93 | 3,355,068,453.93 | 0.95 | | 归属于上市公 ...