英利汽车(601279) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,160,905,023.05, representing a decrease of 0.31% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 20,048,603.28, an increase of 154.12% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 17,619,347.83, up 221.16% from the previous year[4] - Basic earnings per share were CNY 0.0126, which is a 137.74% increase compared to the same period last year[4] - Net profit for Q1 2024 increased to CNY 18,012,582.23, compared to CNY 10,362,367.00 in Q1 2023, representing a growth of approximately 73.5%[47] - Total operating revenue for Q1 2024 was CNY 1,160,905,023.05, a slight decrease from CNY 1,164,541,825.00 in Q1 2023[46] - Total operating costs for Q1 2024 were CNY 1,144,616,363.99, down from CNY 1,153,695,819.00 in the same period last year[46] Cash Flow and Liquidity - The net cash flow from operating activities reached CNY 123,667,170.39, reflecting a significant increase of 177.91%[4] - The net cash flow from investing activities for Q1 2024 was CNY -153,141,418.91, an improvement from CNY -171,384,648.00 in Q1 2023[40] - The net cash flow from financing activities for Q1 2024 was CNY 55,889,339.24, a decrease from CNY 236,768,998.00 in Q1 2023[40] - Cash inflow from operating activities for Q1 2024 was $1,217,046,774.21, an increase from $1,163,852,079.00 in Q1 2023, representing a growth of approximately 4.6%[50] - Net cash outflow from operating activities decreased to $1,093,379,603.82 in Q1 2024 from $1,119,352,946.00 in Q1 2023, resulting in a net cash flow from operating activities of $123,667,170.39, compared to $44,499,133.00 in the previous year[50] - Cash inflow from investment activities totaled $1,051,809,729.34 in Q1 2024, significantly higher than $640,035,172.00 in Q1 2023, indicating a substantial increase in investment returns[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,327,528,818.30, a decrease of 1.19% from the end of the previous year[16] - Current assets totaled RMB 4,500,010,607.97, down from RMB 4,684,765,462.58 in the previous period, indicating a decline of approximately 3.9%[24] - Cash and cash equivalents were reported at RMB 1,608,701,639.71, compared to RMB 1,683,805,483.42 at the end of 2023, reflecting a decrease of about 4.5%[24] - Accounts receivable decreased to RMB 878,231,693.35 from RMB 1,083,674,748.59, a decline of approximately 18.9%[24] - Inventory stood at RMB 1,135,182,417.20, down from RMB 1,298,514,072.52, representing a decrease of about 12.6%[24] - Total liabilities were RMB 2,561,722,338.62, a reduction from RMB 2,700,481,075.86, indicating a decrease of approximately 5.2%[25] - Long-term borrowings increased slightly to RMB 858,400,000.00 from RMB 847,312,875.00, showing a growth of about 1.3%[25] - The total liabilities decreased to CNY 3,572,506,317.92 from CNY 3,691,214,062.29 year-over-year[35] Shareholder Information - The equity attributable to shareholders was CNY 4,279,031,068.44, showing a slight increase of 0.47% year-on-year[16] - Total equity attributable to shareholders increased to CNY 4,279,031,068.44 from CNY 4,258,913,950.66[35] - The number of ordinary shareholders at the end of the reporting period was 43,306[10] Management and Strategy - The company implemented lean management and cost reduction strategies, effectively controlling raw material costs, which contributed to profit growth[6] - Research and development expenses rose to CNY 51,550,088.46 in Q1 2024, compared to CNY 43,568,981.00 in Q1 2023, indicating a focus on innovation[47] Reporting and Transparency - The board of directors announced the report on April 29, 2024, emphasizing the importance of transparency in financial disclosures[31] - The company’s cash flow statement for Q1 2024 will provide insights into operational efficiency and liquidity management[28]