江铃汽车(000550) - 2017 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2017 reached ¥8,155,676,321, representing a 52.69% increase compared to ¥5,341,489,672 in the same period last year[8] - Net profit attributable to shareholders decreased by 44.72% to ¥228,607,698 from ¥413,564,144 year-on-year[8] - Sales revenue reached 8.156 billion yuan, an increase of 52.69% compared to the same period last year[17] - Net profit for Q1 2017 was 229 million yuan, a decrease of 44.72% year-on-year[17] - The company's total profit decreased by 1.87 billion yuan, a decline of 41.85% year-on-year, primarily due to changes in sales structure and reduced government subsidies[18] Cash Flow and Operating Activities - Net cash flow from operating activities was negative at ¥879,366,426, a decline of 517.21% compared to a negative ¥142,473,687 in the previous year[8] - Net cash flow from operating activities fell by 737 million yuan, a decrease of 517.21% year-on-year, attributed to increased payments for goods and services due to higher sales volume[18] Earnings and Shareholder Returns - Basic and diluted earnings per share fell by 45.83% to ¥0.26 from ¥0.48 year-on-year[8] - The weighted average return on equity decreased to 1.83% from 3.39% year-on-year[8] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,421,299,724, a slight decrease of 0.30% from ¥24,493,788,810 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.84% to ¥12,637,843,974 from ¥12,409,236,276 at the end of the previous year[8] - Accounts receivable increased by 530 million yuan, a rise of 45.19% from the end of the previous year[17] Shareholding Structure - The top shareholder, Jiangling Holdings, holds 41.03% of the shares, while Ford Motor Company holds 32.00%[12] Government Subsidies and Accounting Policies - The company received government subsidies amounting to ¥50,785,359 during the reporting period[9] - There were no significant changes in the company's accounting policies or restatements of previous financial data[8] Sales Performance - In Q1 2017, the company sold a total of 79,553 vehicles, representing a year-on-year increase of 31.99%[17] - Operating income increased by 2.814 billion yuan, a growth of 52.69% year-on-year, while operating costs rose by 2.406 billion yuan, an increase of 59.28%[17]