贵州轮胎(000589) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was CNY 1,781,714,369.40, representing a 42.94% increase compared to CNY 1,246,470,921.65 in the same period last year[10] - Net profit attributable to shareholders was CNY 102,415,318.94, a significant increase of 195.49% from CNY 34,659,163.45 year-on-year[10] - The net profit after deducting non-recurring gains and losses was CNY 98,034,728.19, up 171.36% from CNY 36,126,871.01 in the previous year[10] - Total revenue for the first quarter reached CNY 1,781,714,369.40, an increase of 42.8% compared to CNY 1,246,470,921.65 in the previous year[71] - Net profit for the quarter was CNY 102,415,318.94, compared to CNY 34,659,163.45 in the same period last year, representing a growth of 195.5%[76] - The net profit for the current period was ¥80,472,308.93, compared to ¥14,050,338.68 in the previous period, reflecting a substantial growth in profitability[84] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 12,574,767,499.99, an increase of 9.19% from CNY 11,516,227,987.83 at the end of the previous year[10] - Total assets rose to CNY 12,312,386,756.79, compared to CNY 11,143,577,752.53, marking an increase of 10.5%[69] - Total liabilities increased slightly to CNY 6,661,453,713.05 from CNY 6,634,102,355.88, a marginal rise of 0.4%[59] - Non-current liabilities decreased slightly to CNY 893,011,108.28 from CNY 898,899,728.93, showing a stable financial position[69] Shareholder Equity - The net assets attributable to shareholders increased by 21.17% to CNY 5,901,313,786.94 from CNY 4,870,125,631.95 at the end of the previous year[10] - The company's total equity increased to CNY 5,796,629,051.36, up from CNY 4,786,965,718.36, reflecting a growth of 21.1%[69] - The company's equity attributable to shareholders rose to CNY 5,901,313,786.94, up from CNY 4,870,125,631.95, marking an increase of 21.1%[62] Cash Flow - Cash flow from operating activities was CNY 120,483,420.05, down 79.61% from CNY 590,948,106.60 in the same period last year[10] - The net cash flow from operating activities was 132,260,251.67 CNY, a decrease of 69.6% compared to the previous period's 435,016,482.44 CNY[95] - Cash inflow from financing activities totaled 2,228,843,561.29 CNY, significantly higher than the previous period's 310,537,293.42 CNY[98] - The cash inflow from operating activities totaled ¥1,787,781,302.78, compared to ¥1,580,452,443.09 in the previous period, showing an increase in cash generation[88] Research and Development - R&D expenses rose by ¥37,261,871.38, an increase of 185.67%, reflecting the company's increased investment in research and development[28] - Research and development expenses increased to CNY 57,330,701.12, significantly higher than CNY 20,068,829.74 from the previous year, indicating a focus on innovation[74] Operational Efficiency - Other income increased by ¥3,647,778.74, up 227.50%, primarily due to an increase in government subsidies related to current period earnings[29] - The company reported a significant increase in other income to CNY 5,251,225.78 from CNY 1,603,447.04, suggesting improved operational efficiency[74] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[58] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[86]