LIJIANG TOURISM(002033)2023-04-03 16:00Financial Performance - The company's operating revenue for 2022 was ¥316,555,051.92, a decrease of 11.66% compared to ¥358,348,180.31 in 2021[21]. - The net profit attributable to shareholders for 2022 was ¥3,684,639.11, a significant increase of 109.75% from a loss of ¥37,803,207.56 in 2021[21]. - The net cash flow from operating activities for 2022 was ¥116,597,241.44, showing a substantial increase of 7,737.69% compared to ¥1,487,647.65 in 2021[21]. - The basic earnings per share for 2022 was ¥0.0067, a turnaround from a loss of ¥0.0688 in 2021, reflecting a 109.74% improvement[21]. - Total assets at the end of 2022 amounted to ¥2,749,885,809.93, representing a 2.22% increase from ¥2,690,235,513.89 at the end of 2021[21]. - The company reported a total revenue of ¥314,405,442.06 after deducting rental income from fixed assets, compared to ¥357,069,195.90 in 2021[22]. - The company reported a total profit of CNY 91.63 million, a decrease of 46.45% compared to the previous year[47]. - The company's overall gross margin was 33.99%, reflecting a decrease of 12.15% from the previous year[51]. Dividend and Shareholder Information - The company reported a cash dividend of 2.50 RMB per 10 shares, based on a total of 549,490,711 shares[6]. - The proposed cash dividend distribution is 2.50 CNY per 10 shares, totaling 137,372,677.75 CNY, which represents 100% of the profit distribution[164][166]. - The total number of employees at the end of the reporting period was 1,576, with 949 in production, 209 in sales, and 211 in technical roles[161]. Corporate Governance and Management - The company emphasizes the importance of accurate financial reporting, with management affirming the completeness and truthfulness of the annual report[5]. - The company maintains a commitment to transparency and accountability in its financial disclosures and corporate governance practices[5]. - The governance structure includes a board of directors, supervisory board, and management team, ensuring effective decision-making and oversight[130]. - The management team is composed of dedicated professionals who do not hold positions in shareholder units or their subsidiaries[129]. - The company has established specialized committees under the board to enhance governance and decision-making efficiency[130]. Market and Operational Challenges - The company faced a challenging tourism market environment in 2022, impacting its business operations significantly[32]. - The company experienced a net loss of ¥28,277,488.10 in Q1 2022, with a subsequent loss of ¥25,142,182.68 in Q2, but a profit of ¥80,107,705.06 in Q3[26]. - The company reported a decline in visitor numbers, with 1.94 million visitors across its three cable cars, a decrease of 10.29% compared to the previous year[47]. - The company faced increased competition in the hotel sector, impacting the expected profitability of its projects[84]. Future Outlook and Strategic Initiatives - In 2023, the company plans to achieve operating revenue of 717.46 million yuan, representing a growth of 126.65% compared to the previous year[118]. - The net profit attributable to shareholders is projected to be 160.86 million yuan, an increase of 4,265.87% year-on-year[119]. - The company aims to develop a high-quality cultural tourism industry worth 100 billion CNY and establish Lijiang as a world cultural tourism city[102]. - The company plans to enhance its marketing strategies, focusing on social media and influencer partnerships to reach younger demographics[134]. Environmental and Social Responsibility - The company actively participates in ecological protection and has implemented various measures to reduce energy consumption and pollution[180]. - The company has been involved in poverty alleviation and rural revitalization efforts, organizing two special meetings to enhance support for local communities[182]. - The company supported 20,000 yuan to Yilong Village in 2022 to promote collective economic development and support local industry growth[183]. Internal Control and Compliance - The internal control system is effectively established and meets the management and development needs of the company[168]. - The company has not identified any significant internal control deficiencies during the reporting period[169]. - The company has established a subsidiary management system to ensure effective control over subsidiaries[169]. - There are no reported major defects in financial reporting or non-financial reporting during the evaluation period[173].