赛轮轮胎(601058) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 17.05% to CNY 1,982,919,725.24 year-on-year[7] - Net profit attributable to shareholders decreased by 66.88% to CNY 31,951,441.73 compared to the same period last year[7] - Basic earnings per share decreased by 72.73% to CNY 0.06 compared to the same period last year[7] - Total revenue for Q1 2015 was CNY 1,982,919,725.24, a decrease of 17.0% compared to CNY 2,390,479,036.27 in the same period last year[23] - Net profit for Q1 2015 was CNY 34,667,329.84, compared to CNY 96,896,205.45 in the previous year, indicating a decline of 64.1%[24] - The company's operating revenue for the current period is ¥585,340,026.12, a decrease of 33.0% compared to ¥873,024,686.91 in the previous period[27] - Operating profit for the current period is -¥11,045,062.51, an improvement from -¥13,712,153.12 in the previous period[27] - The net profit for the current period is -¥8,960,654.19, which is better than -¥11,085,006.33 in the previous period, indicating a reduction in losses[28] Cash Flow - Net cash flow from operating activities decreased by 73.03% to CNY 127,626,182.76 year-on-year[7] - Cash flow from operating activities for the current period is ¥127,626,182.76, down 73.0% from ¥473,283,321.50 in the previous period[32] - Cash flow from investing activities shows a net outflow of -¥749,809,444.62, compared to -¥266,216,564.25 in the previous period, indicating increased investment expenditures[32] - Cash flow from financing activities has a net inflow of ¥446,487,653.15, significantly higher than ¥97,093,567.00 in the previous period, reflecting improved financing activities[33] - The total cash and cash equivalents at the end of the period is ¥1,819,366,651.73, compared to ¥1,513,570,353.89 at the end of the previous period[33] - The company received cash from sales of goods and services amounting to ¥2,397,807,838.10, a decrease from ¥2,563,666,696.85 in the previous period[31] - The net increase in cash and cash equivalents was $249.02 million, with an ending balance of $736.40 million[37] - Cash flow from operations was not explicitly detailed but can be inferred from the financing and investing activities[37] Assets and Liabilities - Total assets increased by 1.03% to CNY 14,010,530,582.34 compared to the end of the previous year[7] - The company's current assets decreased to ¥6,690,521,133.66 from ¥6,990,610,371.69, representing a decline of about 4.3%[16] - The total liabilities increased to ¥9,633,871,289.42 from ¥9,503,260,968.43, indicating a rise of approximately 1.4%[18] - The company's cash and cash equivalents were reported at ¥2,567,718,857.13, down from ¥2,704,356,406.43, a decrease of about 5.1%[16] - The company's total assets decreased to CNY 8,861,122,846.16 from CNY 9,031,854,931.13, a reduction of 1.9%[22] - Current assets totaled CNY 3,753,980,864.50, down 3.8% from CNY 3,903,125,653.74 at the beginning of the year[21] - The total liabilities decreased to CNY 4,718,631,289.41 from CNY 4,880,402,720.19, a decline of 3.3%[22] - The company's cash and cash equivalents increased to CNY 1,320,871,225.11 from CNY 1,007,980,207.03, an increase of 31.0%[21] Shareholder Information - The number of shareholders reached 35,087 at the end of the reporting period[11] - Government subsidies recognized in the current period amounted to CNY 50,000.00[7] - The company has committed to not engage in any competitive activities that may harm shareholder interests during the period of control[14] - The company plans to increase its shareholding by up to 2% of the total issued shares within the next 12 months, starting from May 2014[14] Inventory and Receivables - Accounts receivable decreased to ¥1,499,305,723.38 from ¥1,595,604,711.58, showing a decline of approximately 6%[16] - Inventory levels decreased to ¥1,520,446,469.81 from ¥1,626,452,949.35, reflecting a reduction of about 6.5%[16] - Inventory increased to CNY 595,527,095.15 from CNY 544,647,726.75, reflecting an increase of 9.3%[21] Expenses - Operating costs for Q1 2015 were CNY 1,949,683,193.13, down from CNY 2,303,239,740.84, reflecting a reduction of 15.4%[24] - The company’s sales expenses increased to ¥25,935,542.37 from ¥21,753,364.65 in the previous period, indicating higher costs associated with sales efforts[27] - The company’s financial expenses decreased to ¥23,233,948.71 from ¥30,887,048.54 in the previous period, reflecting improved cost management[27] Foreign Exchange and Debt - Other comprehensive income decreased by 42.73% to CNY -66,369,574.90 due to foreign currency translation adjustments[13] - The impact of foreign exchange rate changes on cash and cash equivalents was an increase of $9.21 million[37] - The company received $745.27 million from borrowings, indicating reliance on debt financing[37] - Debt repayment amounted to $782.98 million, highlighting significant cash outflow for debt servicing[37]