三角轮胎(601163) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 1,805,463,972.76, representing a decline of 16.40% year-on-year[5] - Net profit attributable to shareholders was CNY 98,939,284.76, down 36.93% from the same period last year[5] - The total profit for the first quarter of 2018 was CNY 118,236,930.91, a decrease of 36.39% compared to the same period last year[13] - The company's operating revenue for the current period is ¥1,807,927,394.86, a decrease of 17.0% compared to ¥2,175,156,952.06 in the previous period[28] - The net profit for the current period is ¥76,009,110.34, down 35.7% from ¥118,545,384.68 in the previous period[29] - Operating profit for Q1 2018 was CNY 110,516,851.71, down 33.9% from CNY 167,172,249.68 in Q1 2017[25] - The operating profit decreased to ¥82,500,132.00, a decline of 34.2% from ¥125,461,283.99 in the previous period[28] Cash Flow - Cash flow from operating activities improved significantly to CNY 24,340,297.26, a 104.77% increase compared to a negative cash flow in the previous year[5] - The net cash flow from operating activities was CNY 24,340,297.26, a significant improvement of 104.77% compared to a negative cash flow of CNY -509,790,342.45 in the previous year[13] - The cash flow from operating activities generated a net amount of ¥24,340,297.26, recovering from a negative cash flow of ¥509,790,342.45 in the previous period[32] - The net cash flow from operating activities for Q1 2018 was ¥19,636,108.51, a significant improvement compared to a net outflow of ¥527,270,120.20 in the same period last year[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 14,441,522,175.20, a decrease of 0.99% compared to the end of the previous year[5] - The company's total assets as of March 31, 2018, were CNY 14,441,522,175.20, down from CNY 14,586,282,334.09 at the beginning of the year[19] - The total liabilities decreased to CNY 6,333,161,619.54 from CNY 6,578,688,250.62 at the beginning of the year[19] - Total liabilities decreased to CNY 6,007,385,342.79 from CNY 6,257,778,587.58, reflecting a reduction of 4.0%[23] - Current assets totaled CNY 9,471,385,223.13, a decrease of 2.0% from CNY 9,667,239,584.38 at the start of the year[22] Equity and Earnings - The weighted average return on equity decreased to 1.23%, down 37.99 percentage points from 1.98%[5] - Basic and diluted earnings per share were both CNY 0.12, a decrease of 40.00% compared to CNY 0.20 in the previous year[5] - The company reported a basic earnings per share of CNY 0.12 for Q1 2018, down from CNY 0.20 in Q1 2017[26] - Basic and diluted earnings per share decreased to ¥0.10 from ¥0.15 in the previous period[29] Expenses - Financial expenses surged by 107.22% to CNY 40,536,711.04, largely due to increased exchange losses[12] - The company’s financial expenses increased to ¥42,473,010.59, compared to ¥19,433,314.06 in the previous period, indicating a rise of 118.5%[28] - The company reported a significant increase in marketing and promotional expenses, contributing to the overall decline in profit[13] - The company experienced a decrease in sales expenses to ¥122,469,363.14, up from ¥100,417,910.80 in the previous period, reflecting a 21.9% increase[28] Investments - Investment income increased to CNY 23,860,218.54, up 102.18% year-on-year, primarily due to higher returns from financial products[13] - The company reported a significant increase in investment cash inflow to ¥3,960,251,997.60, compared to ¥2,062,358,162.85 in the previous period[32] - The net cash flow from investing activities was CNY -180,043,075.55, a decline of 150.41% year-on-year due to the previous year's land compensation received[13] - The net cash flow from investment activities was -¥180,382,675.74, a decline from a positive net flow of ¥364,792,751.20 in the previous year[33] Shareholder Information - The number of shareholders reached 75,824 at the end of the reporting period[10] - The total equity attributable to shareholders increased to CNY 8,108,065,822.93 from CNY 8,007,295,727.05 at the beginning of the year[19] - The company’s total equity increased to CNY 8,054,796,961.18 from CNY 7,978,787,850.84, reflecting a growth of 1.0%[23]