三角轮胎(601163) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,385,423,232.40, representing a decrease of 2.93% compared to the same period last year[6] - Net profit attributable to shareholders of the listed company was ¥294,055,844.78, an increase of 26.92% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥241,876,720.39, reflecting a growth of 34.47%[6] - Basic earnings per share were ¥0.37, up by 27.59% year-on-year[6] - The net profit for Q1 2024 was CNY 294,021,685.37, an increase of 27% compared to CNY 231,501,182.65 in Q1 2023[40] - The total comprehensive income attributable to shareholders of the parent company was CNY 294,851,805.73, compared to CNY 236,717,877.14 in the previous year, marking a 24.5% increase[42] Cash Flow - The net cash flow from operating activities was ¥1,907,062.19, showing a significant decline of 97.50% compared to the previous year[6] - The company experienced a significant reduction in cash flow from operating activities primarily due to increased cash payments for goods and services[23] - The company reported a cash flow from operating activities net amount of CNY 1,907,062.19, a significant increase from CNY 76,208,134.18 in Q1 2023[44] - Cash flow from investment activities in Q1 2024 showed a net outflow of CNY -11,843,867.85, compared to CNY -38,334,260.42 in Q1 2023[32] - Cash and cash equivalents at the end of Q1 2024 were CNY 2,042,220,972.79, down from CNY 2,843,018,854.04 at the end of Q1 2023[32] - The company reported a total of CNY 1,180,000,000.00 in cash received from investment recoveries in Q1 2024, significantly higher than CNY 525,000,000.00 in Q1 2023[32] Assets and Liabilities - Total assets at the end of Q1 2024 amounted to ¥18,774,609,110.84, a slight increase of 0.09% from the end of the previous year[18] - Total liabilities decreased to CNY 5,607,379,630.03 from CNY 5,885,761,009.65, indicating a reduction of 4.7%[29] - Short-term borrowings decreased to CNY 845,172,299.74 from CNY 937,709,357.47, a decline of 9.85%[29] - The company's total liabilities and equity amounted to CNY 18,774,609,110.84, slightly up from CNY 18,758,172,844.14[36] Equity and Shareholder Information - Shareholders' equity attributable to the listed company was ¥13,166,218,776.29, which is a 2.29% increase compared to the end of the previous year[18] - The total equity attributable to shareholders of the parent company increased to CNY 13,166,218,776.29 from CNY 12,871,366,970.56, representing a growth of 2.3%[36] - The company’s total equity remains stable, reflecting ongoing financial health and operational stability[34] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 2,083,936,285.00, down from CNY 2,213,767,033.40 in Q1 2023, reflecting a reduction of 5.86%[30] - Research and development expenses increased to CNY 28,759,435.23 in Q1 2024, up from CNY 24,982,220.45 in Q1 2023, representing a growth of 15.5%[30] - The company noted that the increase in net profit was mainly driven by lower raw material prices and improved gross margins[23] Sales and Revenue - The total revenue from operating activities was CNY 1,895,680,338.41, slightly up from CNY 1,876,154,074.96 in the same period last year[44] - The cash received from sales of goods and services was CNY 1,803,588,563.83, an increase from CNY 1,763,130,271.61 in the same quarter last year[44] - Total revenue for Q1 2024 was CNY 2,385,423,232.40, a decrease of 2.93% compared to CNY 2,457,535,290.57 in Q1 2023[30]