东风股份(600006) - 2016 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 3,310,985,318.64, down 5.42% year-on-year[7] - Net profit attributable to shareholders was CNY 110,897,052.20, representing a decrease of 2.75% compared to the same period last year[7] - Basic earnings per share were CNY 0.0607, down 11.26% from CNY 0.0684 in the previous year[7] - The weighted average return on equity decreased to 1.88%, down 0.34 percentage points from 2.22%[7] - Total operating revenue for Q1 2016 was CNY 3,310,985,318.64, a decrease of 5.4% compared to CNY 3,500,896,187.69 in the same period last year[30] - Net profit for Q1 2016 was CNY 99,342,964.25, a decline of 14.5% from CNY 116,235,976.25 in Q1 2015[31] - The net profit attributable to shareholders of the parent company was CNY 121,310,370.10, down 11.4% from CNY 136,895,225.17 in the previous year[31] - The comprehensive income total for Q1 2016 was CNY 99,928,084.25, compared to CNY 111,945,872.75 in the previous year, reflecting a decrease of 10.7%[32] Cash Flow - The net cash flow from operating activities was CNY -859,926,789.39, a significant decline of 1,664.13% year-on-year[7] - The net cash flow from operating activities showed a significant decline of 1664.13%, dropping from CNY -48,745,206.62 to CNY -859,926,789.39[16] - Cash inflow from operating activities totaled 3,591,621,293.14 RMB, down 14.5% from 4,198,841,921.81 RMB in the prior period[39] - Cash outflow from operating activities increased to 4,451,548,082.53 RMB, compared to 4,247,587,128.43 RMB in the previous period, reflecting higher operational costs[39] - The net cash flow from investment activities was -221,495,130.33 RMB, worsening from -71,163,300.17 RMB in the last period, indicating increased investment outflows[39] - Cash inflow from financing activities was 1,586,511,171.63 RMB, a substantial increase from 310,443,779.39 RMB in the previous period, showing improved financing efforts[39] - The net cash flow from financing activities improved to 851,382,908.91 RMB, compared to 85,653,148.58 RMB in the prior period, indicating successful capital raising[39] - The ending cash and cash equivalents balance decreased to 2,023,803,982.74 RMB from 3,689,625,232.16 RMB, reflecting a significant reduction in liquidity[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 19,982,761,819.04, a decrease of 1.16% compared to the end of the previous year[7] - Total current assets decreased from ¥13,289,833,352.98 to ¥12,927,705,240.60, a decline of approximately 2.7%[23] - Cash and cash equivalents decreased from ¥3,824,422,545.14 to ¥2,737,052,883.99, a reduction of about 28.5%[23] - Total non-current assets rose from ¥6,928,105,380.38 to ¥7,055,056,578.44, an increase of approximately 1.8%[24] - Total liabilities decreased from ¥12,066,356,509.01 to ¥11,731,251,510.45, a decline of about 2.8%[25] - Total equity increased from ¥8,151,582,224.35 to ¥8,251,510,308.59, reflecting a growth of approximately 1.2%[25] - The total liabilities amounted to CNY 3,690,407,415.88, slightly down from CNY 3,705,370,784.25 in the previous quarter[31] - Total equity increased to CNY 5,241,854,569.46 from CNY 5,135,419,444.30, indicating a growth of 2.1%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 174,832[11] - The largest shareholder, Dongfeng Motor Corporation, held 1,202,000,000 shares, accounting for 60.10% of the total shares[11] Other Financial Metrics - Non-operating income included government subsidies of CNY 7,627,660.64, contributing to the overall financial performance[9] - The company reported a total of CNY 10,413,317.90 in non-recurring gains and losses for the period[10] - Investment income decreased by 43.48% from CNY 120,223,528.92 to CNY 67,951,206.11 due to reduced earnings from joint ventures[16] - Asset impairment losses surged by 481.14%, increasing from CNY -15,561,035.39 to CNY 59,309,380.29 due to increased bad debt provisions[16] - The company received increased government subsidies, contributing to a net increase in other income by 38.97%[16] - The company plans to sell 51% of its stake in Zhengzhou Nissan Automobile Co., Ltd. to its controlling shareholder, with the transaction price yet to be determined[18] Accounts and Inventory - Accounts receivable increased from ¥2,209,029,070.43 to ¥2,731,703,601.05, representing a growth of approximately 23.6%[23] - Inventory increased from ¥1,483,821,187.18 to ¥1,722,741,595.28, an increase of about 16.1%[23] - Accounts payable decreased from ¥3,743,176,836.54 to ¥3,704,562,427.98, a decline of approximately 1.0%[24] - Prepaid accounts increased by 59.61% from CNY 260,833,967.16 to CNY 416,328,949.31 due to increased payments for new energy batteries[14] - Deferred income tax assets increased from ¥370,772,599.97 to ¥390,402,247.64, an increase of about 5.3%[24]