一汽解放(000800) - 2024 Q1 - 季度财报

Financial Performance - The total revenue for Q1 2024 was CNY 18,980,934,940.55, representing a 35.21% increase compared to CNY 14,037,665,296.82 in the same period last year[3]. - The net profit attributable to shareholders was CNY 169,293,702.32, a significant increase of 174.00% from CNY 61,785,210.95 in the previous year[3]. - The net profit excluding non-recurring gains and losses was CNY 103,572,008.08, up 225.92% from a loss of CNY 82,251,361.79 in the same period last year[3]. - The basic earnings per share increased to CNY 0.0365, a rise of 174.44% compared to CNY 0.0133 in the previous year[3]. - The total comprehensive income for the quarter was CNY 169,037,112.17, compared to CNY 61,954,863.31 in the previous year, an increase of 172.5%[21]. - Operating profit for the quarter was CNY 134,481,415.44, compared to CNY 11,882,682.66 in the same period last year, marking an increase of 1,131.5%[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 73,874,175,970.75, reflecting a 12.15% increase from CNY 65,873,387,927.31 at the end of the previous year[3]. - Current liabilities increased to CNY 44,368,146,985.57 in Q1 2024 from CNY 36,548,716,480.88, representing a rise of 21.5%[17]. - The total liabilities for Q1 2024 were CNY 49,221,175,661.25, compared to CNY 41,386,628,557.91, marking an increase of 18.5%[17]. - The total equity attributable to shareholders reached CNY 24,653,000,309.50, up from CNY 24,486,759,369.40, showing an increase of 0.7%[18]. Cash Flow and Operating Activities - The cash flow from operating activities was CNY 969,975,500.48, down 48.81% from CNY 1,894,841,446.13 in the same period last year[3]. - The company reported a cash flow from operating activities of CNY 969,975,500.48, down from CNY 1,894,841,446.13, indicating a decrease of 48.8%[23]. - Cash and cash equivalents at the end of the period totaled CNY 23,034,162,410.70, up from CNY 22,296,939,119.47, an increase of 3.3%[23]. Shareholder Information - The company reported a total of 3,060,649,901 shares held by China First Automobile Group Co., Ltd., representing 66.01% of total shares, maintaining its position as the largest shareholder[10]. - The second largest shareholder, FAW Bestune Automobile Co., Ltd., holds 784,500,000 shares, accounting for 16.92% of total shares[10]. - The total number of shares held by the top ten shareholders includes significant participation in margin trading, with a total of 3,911,700 shares involved[11]. Costs and Expenses - The total operating costs for Q1 2024 were CNY 18,991,351,733.24, an increase of 33.01% from CNY 14,277,740,640.84 in the same period last year[8]. - The company incurred financial expenses of CNY -202,965,576.53, compared to CNY -187,814,088.70 in the previous year, reflecting an increase in financial costs[20]. - The company reported a decrease in tax expenses to CNY -30,661,535.60 from CNY -48,322,515.33, a reduction of 36.5%[20]. Research and Development - The company continues to focus on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[12]. - Research and development expenses increased to CNY 544,716,050.80 from CNY 503,984,808.07, representing an increase of 8.1%[20]. - The company is likely to continue expanding its market presence and investing in new technologies, as indicated by the increase in development expenditures to CNY 154,053,312.07 from CNY 109,873,830.59[16]. Inventory and Receivables - Accounts receivable increased by 170.49% to CNY 5,381,120,445.53 from CNY 1,989,386,169.77 in the previous year[7]. - Inventory levels were reported at CNY 9,254,339,358.11, slightly up from CNY 9,210,971,356.15, indicating a marginal increase of 0.5%[16].