欧亚集团(600697) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,943,638,013.01, representing a year-on-year increase of 0.20%[3] - The net profit attributable to shareholders was CNY 13,444,001.06, showing a significant increase of 40.81% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 35.98% to CNY 4,588,823.41[3] - Total operating revenue for Q1 2024 reached ¥1,943,638,013.01, a slight increase from ¥1,939,854,315.15 in Q1 2023, representing a growth of 0.09%[14] - Net profit for Q1 2024 was ¥41,991,228.11, up from ¥38,267,865.28 in Q1 2023, reflecting a growth of 4.5%[14] - Net profit attributable to shareholders of the parent company for Q1 2024 was CNY 13,444,001.06, an increase from CNY 9,547,699.66 in Q1 2023, representing a growth of approximately 41.5%[15] - Total comprehensive income attributable to shareholders of the parent company reached CNY 13,536,650.50 in Q1 2024, compared to CNY 9,472,528.83 in Q1 2023, reflecting a year-over-year increase of about 43.5%[15] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -157,654,743.20, indicating a decline in cash generation[3] - Operating cash flow for Q1 2024 was CNY -157,654,743.20, a significant decline from CNY 554,580,893.18 in Q1 2023, indicating a negative cash flow shift[19] - The company incurred a net cash outflow from investing activities of CNY -93,889,066.19 in Q1 2024, compared to CNY -41,158,627.47 in Q1 2023, indicating increased investment expenditures[19] - The cash flow from operating activities showed a net inflow of CNY 1,144,822.38, a significant decrease from CNY 155,907,998.51 in Q1 2023[26] - The cash flow from financing activities showed a net inflow of CNY 25,669,506.54 in Q1 2024, contrasting with an outflow of CNY 100,798,002.31 in Q1 2023[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 20,453,978,655.87, a decrease of 0.87% from the end of the previous year[3] - The company's total assets as of March 31, 2024, amounted to ¥20,453,978,655.87, a decrease from ¥20,633,423,293.56 at the end of December 2023[11] - Total liabilities decreased to ¥16,127,608,130.06 in Q1 2024 from ¥16,349,137,097.90 in Q4 2023, showing a reduction of 1.35%[11] - The total liabilities increased to CNY 10,768,409,112.77 in Q1 2024 from CNY 10,735,456,846.67 in Q1 2023, reflecting a slight increase of 0.31%[22] - The company reported a total current liabilities of CNY 9,979,668,166.61, up from CNY 9,670,358,695.76 in the previous year, indicating an increase of 3.19%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,386[6] - The largest shareholder, Changchun Automobile City Commercial Co., Ltd., holds 24.54% of the shares, amounting to 39,045,996 shares[6] Inventory and Receivables - The company reported a decrease in accounts receivable to ¥13,912,546.50 in Q1 2024 from ¥32,496,436.80 in Q4 2023, a significant drop of 57.1%[10] - The inventory increased to ¥2,650,304,256.25 in Q1 2024, compared to ¥2,484,823,362.47 in Q4 2023, marking a rise of 6.67%[10] - The company’s inventory increased to CNY 333,633,995.90 as of March 31, 2024, compared to CNY 253,184,735.30 at the end of 2023, indicating a rise of approximately 31.8%[21] Financial Ratios and Metrics - The weighted average return on net assets increased by 0.17 percentage points to 0.57%[3] - Basic and diluted earnings per share for Q1 2024 were CNY 0.08, an increase from CNY 0.06 in Q1 2023, representing a growth of 33.3%[15] - The financial expenses for Q1 2024 were ¥112,708,094.05, a decrease from ¥124,172,437.44 in Q1 2023, indicating a reduction of 9.8%[14] - The company incurred financial expenses of CNY 52,743,190.87 in Q1 2024, down from CNY 62,987,338.54 in Q1 2023, a reduction of 16.0%[23] Company Developments - The company did not report any significant new product developments or market expansion strategies during this quarter[8] - The company raised CNY 2,397,200,812.13 from borrowings in Q1 2024, up from CNY 1,703,500,000.00 in Q1 2023, reflecting a growth of approximately 40.7% in financing activities[19] - The company’s sales expenses increased to CNY 27,973,438.11 in Q1 2024, compared to CNY 18,789,865.33 in Q1 2023, marking an increase of 48.7%[23]