贵州轮胎(000589) - 2022 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2022 was CNY 1,863,050,378.19, an increase of 4.57% compared to CNY 1,781,714,369.40 in the same period last year[6] - Net profit attributable to shareholders decreased by 45.06% to CNY 56,264,792.41 from CNY 102,415,318.94 year-on-year[6] - Basic earnings per share dropped by 53.85% to CNY 0.06 from CNY 0.13 in the previous year[6] - Operating profit for the current period was ¥64,636,131.83, down 47.36% from ¥122,556,850.59 in the previous period[36] - Net profit for the current period was ¥55,913,000.24, a decrease of 45.49% from ¥102,415,318.94 in the same period last year[36] Cash Flow - Net cash flow from operating activities fell by 106.46% to -CNY 7,781,778.91 compared to CNY 120,483,420.05 in the same period last year[6] - The net cash flow from operating activities was -$7,781,778.91, a significant decrease from $120,483,420.05 in the previous period[44] - Cash flow from operating activities was ¥2,159,260,397.16, an increase from ¥1,769,906,548.71 in the previous period[41] - Cash outflow for operating activities totaled $2,176,044,409.63, compared to $1,667,297,882.73 last year[44] Assets and Liabilities - Total assets increased by 4.03% to CNY 13,394,697,349.24 from CNY 12,875,731,596.92 at the end of the previous year[6] - Total liabilities amounted to CNY 7,385,767,257.36, compared to CNY 6,934,780,141.23 at the beginning of the year, reflecting an increase of about 6.45%[29] - Current assets totaled CNY 6,155,453,653.83, up from CNY 5,946,094,725.15, indicating an increase of about 3.52%[26] - Total non-current assets reached CNY 7,239,243,695.41, up from CNY 6,929,636,871.77, indicating an increase of approximately 4.47%[28] Expenses - Total operating costs amounted to ¥1,797,448,649.94, up 8.19% from ¥1,661,302,590.64 in the prior period[33] - Research and development expenses decreased to ¥45,511,161.65, down 20.59% from ¥57,330,701.12 in the previous period[33] - Sales expenses increased to ¥61,448,857.61, up from ¥56,398,530.27 in the previous period[33] - Financial expenses increased by 115.94% to CNY 2,476,554.26, mainly due to higher exchange losses[12] Cash and Equivalents - The company's cash and cash equivalents decreased to CNY 1,955,392,770.76 from CNY 2,112,878,391.11, a decline of approximately 7.43%[26] - The total cash and cash equivalents at the end of the period were $1,620,772,543.63, down from $2,167,971,535.34 at the end of the previous year[47] - The company experienced a cash decrease of $134,027,123.95 in cash and cash equivalents during the period[47] Inventory and Receivables - Inventory levels rose significantly to CNY 1,227,575,568.64 from CNY 952,857,660.71, marking an increase of around 28.8%[26] - The company's accounts receivable increased to CNY 1,226,126,154.37 from CNY 972,970,207.89, showing a growth of about 26.06%[26] Equity - The equity attributable to shareholders of the parent company rose to CNY 5,985,218,091.41 from CNY 5,916,887,663.05, an increase of approximately 1.16%[32] - The company's retained earnings increased to CNY 1,885,359,195.84 from CNY 1,829,094,403.43, reflecting a growth of about 3.05%[32] Government Subsidies - The company reported a decrease in government subsidies, impacting other income, which fell by 55.24% to CNY 2,900,935.02 compared to the previous year[13]