亿纬锂能(300014) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 9,317,321,354.65, a decrease of 16.70% compared to CNY 11,185,548,136.17 in the same period last year[3]. - Net profit attributable to shareholders was CNY 1,065,713,845.72, down 6.49% from CNY 1,139,709,769.51 year-on-year[3]. - The net profit excluding non-recurring gains and losses increased by 14.63% to CNY 701,283,488.21 from CNY 611,760,661.23 in the previous year[3]. - Net profit for Q1 2024 was CNY 1,055,311,277.97, a decline of 18.8% compared to CNY 1,299,558,645.11 in Q1 2023[25]. - Total operating revenue for Q1 2024 was CNY 9,317,321,354.65, a decrease of 16.0% compared to CNY 11,185,548,136.17 in the same period last year[24]. - Total operating costs for Q1 2024 were CNY 8,934,901,558.36, down 15.0% from CNY 10,504,476,481.45 year-on-year[24]. - The total comprehensive income for Q1 2024 was CNY 1,056,705,910.20, compared to CNY 1,302,281,176.61 in Q1 2023[27]. - Basic earnings per share for Q1 2024 were CNY 0.52, down from CNY 0.56 in the same period last year[27]. Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of CNY 1,751,380,202.07, a decrease of 278.73% compared to a net inflow of CNY 979,913,659.77 last year[11]. - The net cash flow from operating activities for Q1 2024 was -1,751,380,202.07 CNY, a significant decrease compared to 979,913,659.77 CNY in the same period last year, indicating a decline of approximately 278%[29]. - Total cash inflow from operating activities was 7,061,183,700.99 CNY, down from 9,841,169,273.66 CNY, reflecting a decrease of about 28.4% year-over-year[29]. - Cash outflow from operating activities totaled 8,812,563,903.06 CNY, slightly decreased from 8,861,255,613.89 CNY, showing a marginal decline of 0.5%[29]. - Cash flow from investing activities was -1,814,950,459.28 CNY, worsening from -1,636,860,148.70 CNY in the previous year, indicating a decline of approximately 10.9%[30]. - Cash inflow from financing activities increased to 3,634,334,954.32 CNY, compared to 2,259,827,554.82 CNY, marking an increase of about 60.7% year-over-year[30]. - The net cash flow from financing activities was 2,082,799,952.53 CNY, up from 1,547,447,481.43 CNY, representing an increase of approximately 34.5%[30]. - The ending balance of cash and cash equivalents was 8,439,560,878.56 CNY, compared to 8,091,190,763.71 CNY at the end of the previous year, reflecting an increase of about 4.3%[30]. - The company received tax refunds amounting to 496,729,547.66 CNY, an increase from 349,544,415.23 CNY, which is an increase of approximately 42%[29]. - The company reported a cash outflow of 402,031,534.80 CNY for taxes, significantly higher than 130,015,097.81 CNY in the previous year, reflecting an increase of approximately 209%[29]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 96,234,365,792.12, reflecting a 1.99% increase from CNY 94,355,337,998.71 at the end of the previous year[3]. - The total liabilities decreased to CNY 38,355,098,030.51 from CNY 36,786,436,398.28, indicating a reduction of about 4.1%[20]. - The company's total liabilities increased to CNY 57,167,795,625.46 in Q1 2024, compared to CNY 56,350,070,377.39 in Q1 2023[23]. - Non-current assets totaled CNY 57,879,267,761.61, slightly up from CNY 57,568,901,600.43, showing a growth of about 0.54%[21]. - The company's short-term borrowings increased to CNY 1,133,386,908.61 from CNY 1,120,974,369.36, reflecting a rise of approximately 1.2%[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 162,129[12]. - The largest shareholder, Tibet Yiwei Holdings Co., Ltd., holds 32.02% of shares, totaling 655,064,787 shares[12]. - The second-largest shareholder, Luo Jinhong, holds 4.04% of shares, totaling 82,649,082 shares[12]. - The company has a total of 47,656,870 pledged shares from the largest shareholder[12]. - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity[12]. - The company has a total of 19,357,670 shares held by Liu Jincheng, a significant individual shareholder[13]. - The top ten shareholders include various investment funds, indicating a diverse shareholder base[12]. - The company has seen changes in the shareholding structure due to margin trading activities[14]. - The total number of shares held by the top ten unrestricted shareholders is 607,407,917[12]. - The company has not reported any preferred shareholders in this period[16]. Business Developments - The company achieved a 113.11% year-on-year increase in energy storage battery shipments, totaling 7.02 GWh[7]. - The company’s market share in the domestic new energy commercial vehicle battery segment reached 16.05%, ranking second in the industry[8]. - The company plans to establish a joint venture with Aksa in Turkey to produce and market battery modules and energy storage systems[18]. - The board approved the grant of 7.25 million stock options to 44 incentive targets under the fifth stock option incentive plan[18]. - The company established a new branch in Beijing, completing the business registration on January 30, 2024[18].