玲珑轮胎(601966) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥5,044,861,883, representing a year-on-year increase of 15.04%[4] - Net profit attributable to shareholders was ¥441,062,925, a significant increase of 106.32% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥427,722,234, reflecting a growth of 137.34% year-on-year[4] - Basic and diluted earnings per share both stood at ¥0.30, marking a 100% increase year-on-year[4] - Operating profit for Q1 2024 was CNY 482,212,001, compared to CNY 208,648,829 in Q1 2023, reflecting a significant increase[19] - The company reported a total comprehensive income of CNY 368,223,772 for Q1 2024, compared to CNY 212,228,689 in Q1 2023[20] Cash Flow - The net cash flow from operating activities was ¥501,805,840, showing a dramatic increase of 3,179.74% compared to the previous year[4] - Cash flow from operating activities was CNY 4,441,994,543, an increase from CNY 4,194,338,133 in Q1 2023[20] - Total cash inflow from operating activities reached ¥4,588,018,406, compared to ¥4,376,628,932 in the previous year, indicating a year-over-year growth of approximately 4.8%[21] - Cash outflow for operating activities decreased to ¥4,086,212,566 from ¥4,361,328,772, resulting in a net cash flow increase[21] - Cash flow from investing activities showed a net outflow of ¥600,570,946, an improvement from a net outflow of ¥789,341,017 in Q1 2023[21] - Cash inflow from financing activities totaled ¥3,579,045,645, up from ¥2,611,046,995 in the same quarter last year, marking a growth of approximately 37%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥44,261,481,000, up 2.15% from the end of the previous year[5] - Current assets totaled CNY 14,578,756,818, compared to CNY 13,992,426,620, indicating an increase of about 4.19%[14] - Total liabilities amounted to CNY 22,982,283,267, compared to CNY 22,419,370,369, reflecting an increase of about 2.51%[17] - Shareholders' equity rose to CNY 21,279,197,733 from CNY 20,910,973,961, indicating an increase of approximately 1.76%[17] Expenses - Research and development expenses increased to CNY 202,329,398, up 29.9% from CNY 155,724,933 in Q1 2023[19] - Total operating costs for Q1 2024 were CNY 4,498,239,124, up from CNY 4,137,931,712 in Q1 2023, indicating a 8.7% increase[19] - The financial expenses for Q1 2024 rose to CNY 104,681,638, significantly higher than CNY 24,815,069 in Q1 2023, primarily due to increased interest expenses[19] Shareholder Information - The company reported a total of 8,793,600 shares held by China Agricultural Bank Co., Ltd. - CSI 500 ETF, representing 0.60% of total shares[12] - The company has no significant changes in the top 10 shareholders due to securities lending or repayment activities[12] Other Financial Metrics - The company experienced a net foreign exchange loss of CNY 84,897,523 in Q1 2024, compared to a loss of CNY 36,318,471 in Q1 2023[20] - The company paid ¥557,932,777 in employee compensation, which is a notable increase from ¥418,489,766 in the previous year, indicating a focus on workforce investment[21] - The cash received from tax refunds was ¥98,725,454, compared to ¥131,724,921 in the previous year, showing a decrease in tax recovery[21] - The cash outflow for purchasing fixed assets was ¥605,040,055, down from ¥797,109,669, indicating a reduction in capital expenditures[21]