1. Breakdown of BTG Hotel’s operating 188bet sports betting app download

Employee compensation 26.31%
Depreciation and amortization 11.96%
Non-operation energy fee 5.88%
Net profit 5.11%
Interest expense 4.71%
Sales allocation material consumption 3.34%
188bet sports betting app download tax expense 2.99%
Investment 188bet sports betting app download 2.62%
Office fee 2.49%
Laundry fee 2.20%
Daily repair and maintenance fee 1.88%
Tax and surcharge 1.63%
Sales commission 1.56%
Non-operating 188bet sports betting app download 1.42%
Exchange profit and loss 1.02%
Business promotion fee 1.00%
Asset impairment loss 1.00%

2. Consolidated 188bet sports betting app download Statement of BTG Hotel in 2016 (10,000 yuan)

(1) Operating 188bet sports betting app download 652278 (accounting for 100 operating 188bet sports betting app download).00%）
(2) Total operating cost 622652 (accounting for 95% of operating 188bet sports betting app download46%）
Among them: operating cost 35921 (accounting for 5% of operating 188bet sports betting app download51%）
Tax and surcharge 10635 (accounting for operating 188bet sports betting app download 1.63%）
Sales expenses 379268 (accounting for 58% of operating 188bet sports betting app download15%、The following "three" breakdown)
Administrative expenses 149787 (accounting for 22% of operating 188bet sports betting app download96%、The following "four" details are broken down)
Financial expenses 40496 (accounting for 6 operating 188bet sports betting app download21%、The following "five" breakdown)
Asset impairment loss 6545 (accounting for operating 188bet sports betting app download 1.00%）
Add: Investment 188bet sports betting app download 17101 (accounting for 2 operating 188bet sports betting app download62%）
(3) Operating profit 46727 (7% of operating 188bet sports betting app download16%）
Add: Non-operating 188bet sports betting app download 9276 (accounting for 1 operating 188bet sports betting app download42%）
Minus: Non-operating expenses 3178 (accounting for operating 188bet sports betting app download 0.49%）
(4) Total profit 52825 (accounting for 8 operating 188bet sports betting app download10%）
Less: 188bet sports betting app download tax expense 19494 (accounting for operating 188bet sports betting app download 2.99%）
(5) Net profit 33331 (accounting for 5% of operating 188bet sports betting app download11%）

3. Sales expenses of BTG Hotel in 2016 (10,000 yuan)

Employee compensation 114835 (accounting for 17% of operating 188bet sports betting app download61%）
Energy fee 37168 (accounting for 5.70% of operating 188bet sports betting app download)
Material consumption 21779 (accounting for 3 operating 188bet sports betting app download34%）
Depreciation and amortization 2653 (accounting for operating 188bet sports betting app download 0.41%）
Sales commission 10176 (accounting for operating 188bet sports betting app download 1.56%）
Business promotion fee 5852 (accounting for 0 operating 188bet sports betting app download90%）
Office expenses 12680 (accounting for 1.94% of operating 188bet sports betting app download)
Laundry fee 14362 (accounting for 2.20% of operating 188bet sports betting app download)
Daily repair and maintenance expenses 11138 (accounting for 1 operating 188bet sports betting app download71%）
Others 6623 (accounting for 1.02% of operating 188bet sports betting app download)
Total 379268 (accounting for 58% of operating 188bet sports betting app download15%）

IV. Management expenses of Beijing Tourism Hotel in 2016 (10,000 yuan)

Employee compensation 56741 (accounting for 8 operating 188bet sports betting app download70%）
Depreciation and amortization 75348 (accounting for 11 operating 188bet sports betting app download55%）
Tax 1112 (accounting for 0.17% of operating 188bet sports betting app download)
Office expenses 3589 (accounting for 0.55% of operating 188bet sports betting app download)
Energy fee 1160 (accounting for 0.18% of operating 188bet sports betting app download)
Daily repair and maintenance expenses 1108 (accounting for 0 operating 188bet sports betting app download17%）
Leasing fee 1352 (accounting for 0.21% of operating 188bet sports betting app download)
Business promotion and publicity 647 (accounting for operating 188bet sports betting app download 0.10%）
Management fee 319 (accounting for 0.05% of operating 188bet sports betting app download)
Others 2378 (accounting for 0.36% of operating 188bet sports betting app download)
Total 149787 (accounting for 22% of operating 188bet sports betting app download96%）

5. Financial expenses of BTG Hotel in 2016 (10,000 yuan)

Interest expense 30709 (accounting for operating 188bet sports betting app download 4.71%）
Interest 188bet sports betting app download-1084 (accounting for operating 188bet sports betting app download 0.17%）
Exchange profit and loss 6654 (accounting for 1.02% of operating 188bet sports betting app download)
Handling fees and others 4217 (accounting for operating 188bet sports betting app download 0.65%）
Total 40496 (accounting for 6.21% of operating 188bet sports betting app download)

six、Zhao Huanyan commented on BTG Hotel’s hotel industry operations in 2016

(1) Listed companies in 2016
1、Operating 188bet sports betting app download 65.2.3 billion yuan、up 389 year-on-year.40%；
2、Net profit 2.1.1 billion yuan、110 year-on-year increase.66%；
3、Net profit after deducting non-recurring gains and losses1.4.5 billion yuan、Up 362 year-on-year.60%。
(2) Hotel Industry in 2016
1、Operating 188bet sports betting app download 615110.500,000 yuan、up 529 year-on-year.28%；
(1) Of which hotel operating 188bet sports betting app download is 51.9.3 billion yuan、up 572 year-on-year.92%；
(2) Of which hotel management operating 188bet sports betting app download 9.5.8 billion yuan、up 365 year-on-year.66%；
2、Net profit 65445.950,000 yuan、Up 674 year-on-year.63%；
3、3402 hotels at the end of 2016、373560 rooms。
(3) Homeinns 275 days from April to December 2016
Profit per room per day at Homeinns group level 4.17 yuan。Home Inn’s net profit in 275 days from April to December 2016 was 394.52 million yuan，3274 hotels at the end of the year、343764 rooms，Average profit per room per day 4.17 yuan。
1、3274 hotels at the end of the year、343764 rooms；
2. Operating 188bet sports betting app download 5,221.53 million yuan;
3. Direct operating 188bet sports betting app download is 4,277.75 million yuan;
4. Among them, franchise 188bet sports betting app download is 880.94 million yuan;
5. Other 188bet sports betting app download of which is 62.84 million yuan;
6. Net profit is 394.52 million yuan.
(4) Jinglun Hotel Management
1、Operating 188bet sports betting app download 117.03 million yuan、Decreased by 5 year-on-year.62%；
2、Net profit 13.15 million yuan、Up 43 year-on-year.69%。
(5) Beijing Tourism Jianguo Management
1、Operating 188bet sports betting app download 42.09 million yuan、1 year-on-year increase.32%；
2、Net profit 14.24 million yuan、12 year-on-year increase.46%。
(6) Beijing Tourism Jinglun Management
1、Operating 188bet sports betting app download 23.94 million yuan、Up 6 year-on-year.15%；
2、Net profit 12.12 million yuan、Up 4 year-on-year.64%。
(7) Nanyuan shares acquired
1、Operating 188bet sports betting app download 381.94 million yuan、Decreased by 3 year-on-year.75%；
2. Total profit - 6.35 million yuan.
(8) Equity Relationship
1. Beijing State-owned Assets Supervision and Administration Commission holds 100% of Beijing Tourism Group;
2、BTG holds listed company BTG Hotel 52.22%。

*Author of this article: Zhao Huanyan，Expert Author，Chief Knowledge Officer of Huamei Consulting Group、Senior Economist。Welcome to communicate！