贵州轮胎(000589) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2024 reached ¥2,668,419,595.34, an increase of 2.80% year-over-year, while year-to-date revenue totaled ¥7,842,853,831.55, up 11.45% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was ¥133,791,001.82, a decrease of 53.63% year-over-year, with year-to-date net profit at ¥560,493,100.73, down 10.76%[2] - Basic earnings per share for Q3 2024 was ¥0.08, a decline of 66.67% compared to the same period last year, while diluted earnings per share was also ¥0.08, down 57.89%[2] - The total revenue for the period reached CNY 7,842,853,831.55, an increase of 11.4% compared to CNY 7,037,114,634.40 in the previous period[13] - The net profit attributable to shareholders of the parent company was CNY 560,493,100.73, down 10.8% from CNY 628,050,042.65 in the same period last year[14] - The total comprehensive income for the period was CNY 497,810,667.66, down from CNY 571,100,086.62, a decrease of 12.8%[14] - The basic earnings per share for the period was CNY 0.41, compared to CNY 0.54 in the previous year, indicating a decline of 24%[14] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date period decreased by 58.34%, totaling ¥435,678,029.27, primarily due to cash received from sales being lower than cash paid for purchases[5] - Operating cash inflow for the period reached CNY 7,808,897,182.21, an increase of 6.73% compared to CNY 7,316,185,431.94 in the previous period[15] - Net cash flow from operating activities was CNY 435,678,029.27, down 58.32% from CNY 1,045,853,367.78 in the same period last year[15] - Cash inflow from financing activities totaled CNY 2,759,000,000.00, a significant increase of 45.80% compared to CNY 1,895,194,066.50 in the previous period[16] - Net cash flow from financing activities was CNY 477,004,684.57, up 447.51% from CNY 87,124,860.04 in the same period last year[16] - Cash and cash equivalents at the end of the period amounted to CNY 3,152,335,566.91, compared to CNY 3,092,660,075.26 at the end of the previous period[16] - The company's cash and cash equivalents increased to ¥3,504,497,880.69 from ¥3,431,745,590.62, reflecting a growth of approximately 2.0%[11] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥18,309,075,983.63, a 3.58% increase from the end of the previous year[2] - The company's total liabilities decreased to CNY 9,543,971,520.50 from CNY 10,531,239,166.92, reflecting a reduction of approximately 9.4%[12] - Total current assets increased to ¥9,035,492,127.50 from ¥8,394,977,881.97, representing a growth of approximately 7.6%[11] - Total assets reached ¥18,309,075,983.63, up from ¥17,675,947,549.05, marking an increase of about 3.6%[11] - Short-term borrowings rose by ¥920,596,270.50, an increase of 66.31%, due to higher short-term bank loans[6] - Long-term borrowings increased by ¥955,200,000.00, up 132.74%, reflecting new long-term bank loans taken during the period[6] - The company's long-term borrowings increased significantly to CNY 1,674,800,000.00 from CNY 719,600,000.00, marking an increase of 132.5%[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 61,833[8] - The largest shareholder, Guiyang Industrial Investment Co., holds 20.48% of shares, totaling 318,591,025 shares[9] - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[10] - There are no known relationships or concerted actions among the top ten shareholders[9] Other Financial Metrics - The company reported a decrease in credit impairment losses by 48.60% year-over-year, indicating a reduction in bad debt provisions[7] - The company reported a decrease in other non-current assets from ¥1,049,310,930.87 to ¥854,616,287.09, a decline of about 18.6%[11] - The company reported a decrease in tax expenses to CNY 29,126,435.01 from CNY 77,941,775.23, a decline of 62.7%[14] - The company reported a decrease in tax payments to CNY 242,389,446.26 from CNY 73,231,210.49 in the previous period, indicating improved tax efficiency[15] - The company's interest expenses decreased to CNY 93,107,185.35 from CNY 115,275,769.88, a reduction of 19.2%[13] - Cash inflow from investment activities was CNY 243,091,457.25, a significant increase from CNY 12,576,340.00 in the previous period[15] - The company received CNY 215,059,850.24 from the recovery of investments, indicating active management of investment portfolios[15] - The company paid CNY 953,184,978.38 for the acquisition of fixed assets, intangible assets, and other long-term assets, reflecting ongoing capital expenditures[15]