万向钱潮(000559) - 2024 Q1 - 季度财报(更正)

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,746,106,593.48, a decrease of 22.18% compared to ¥3,528,586,966.24 in the same period last year[5] - Net profit attributable to shareholders increased by 7.07% to ¥278,529,445.84 from ¥260,141,218.32 year-on-year[5] - Basic and diluted earnings per share rose by 6.33% to ¥0.084 from ¥0.079 in the same period last year[5] - The company reported a 21.58% increase in net profit after deducting non-recurring gains and losses, reaching ¥272,953,971.54 compared to ¥224,511,464.65 in the previous year[5] - Net profit for the current period was ¥281,251,283.77, compared to ¥263,264,492.95 in the previous period, showing an increase of approximately 6.8%[19] - Total comprehensive income for the period was CNY 276,508,837.35, an increase from CNY 263,203,122.22 in the previous period[20] Cash Flow - The net cash flow from operating activities was -¥199,189,157.41, a significant decline of 501.90% compared to ¥49,561,715.22 in the previous year[5] - Cash inflow from operating activities totaled CNY 4,365,411,340.91, up from CNY 3,501,096,397.62[21] - Cash outflow from operating activities increased to CNY 4,564,600,498.32 from CNY 3,451,534,682.40[22] - Net cash flow from investing activities was CNY 38,725,424.75, compared to CNY 10,384,120.60 in the previous period[22] - Cash inflow from financing activities was CNY 2,520,347,136.11, up from CNY 1,338,008,095.20[22] - Net cash flow from financing activities was negative at CNY -219,390,078.61, compared to a positive CNY 786,441,583.49 in the previous period[22] - The ending cash and cash equivalents balance was CNY 4,454,191,543.45, down from CNY 4,611,679,755.35[22] - The company received CNY 18,438,495.34 in tax refunds, slightly up from CNY 17,982,694.40 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,814,814,054.01, a slight decrease of 0.36% from ¥20,890,473,039.20 at the end of the previous year[5] - Total liabilities decreased to ¥11,488,300,959.15 from ¥11,840,468,781.69, a reduction of about 3.0%[17] - The company's cash and cash equivalents decreased to ¥4,849,093,330.41 from ¥5,255,062,475.62, a decline of about 7.7%[15] - Accounts receivable decreased to ¥2,100,209,809.94 from ¥2,298,305,079.16, a reduction of approximately 8.6%[15] - Inventory increased to ¥3,026,152,547.44 from ¥2,813,653,755.80, an increase of about 7.5%[15] - The company's long-term investments increased slightly to ¥264,356,539.60 from ¥262,969,108.54, an increase of about 0.5%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 87,114[10] - Wanxiang Group Company holds 63.97% of the shares, totaling 2,113,434,626 shares[10] - China Automotive Industry Investment Development Co., Ltd. holds 1.68% of the shares, totaling 55,453,766 shares[10] - Minsheng Life Insurance Co., Ltd. holds 1.11% of the shares, totaling 36,766,800 shares[10] - Hong Kong Central Clearing Limited holds 0.91% of the shares, totaling 29,935,144 shares[10] - The top ten shareholders account for a significant portion of the company's equity, with the largest shareholder holding over 63%[10] - The company has no preferred shareholders with restored voting rights[10] - The report indicates that there are no shares under pledge, marking a stable shareholder structure[10] Operational Insights - The company experienced a 51.66% increase in prepaid accounts to ¥791,642,245.17, primarily due to an increase in prepaid goods[8] - Investment income decreased by 44.16% to ¥43,238,529.77 from ¥77,438,389.73 in the previous year, attributed to reduced returns from financial instruments[8] - The company reported a significant increase of 169.82% in other income, totaling ¥49,395,135.94, mainly due to VAT reduction benefits for advanced manufacturing enterprises[8] - The company has not disclosed any new strategies or future outlook in the provided documents[10] - There is no indication of any mergers or acquisitions in the current reporting period[10] Cost Management - Total operating costs decreased to ¥2,533,107,113.71 from ¥3,335,210,839.17, a reduction of about 24.1%[18] - The company reported a financial expense of ¥20,789,009.97, down from ¥33,901,214.31, a decrease of approximately 38.7%[19]