银轮股份(002126) - 2024 Q1 - 季度财报

Financial Performance - Revenue for the reporting period reached ¥2,969,367,795.11, an increase of 16.22% compared to the same period last year[2] - Net profit attributable to shareholders was ¥191,504,960.60, reflecting a growth of 50.85% year-on-year[2] - Net profit excluding non-recurring gains and losses was ¥179,052,421.84, up 62.30% from the previous year[2] - Basic earnings per share increased to ¥0.24, a rise of 50.00% year-on-year[2] - Total profit reached ¥235,955,149.88, compared to ¥162,909,983.77 in the previous period, showing overall growth in profitability[20] - The company reported a total comprehensive income of ¥196,721,841.41, up from ¥145,155,496.30, indicating strong overall performance[20] - Other income increased significantly to ¥36,017,416.54 from ¥10,821,669.14, contributing positively to the financial results[20] Cash Flow and Liabilities - The company reported a significant decline in net cash flow from operating activities, with a net outflow of ¥637,938,327.47, a decrease of 1,087.48% compared to the previous year[2] - The net cash flow from operating activities was -¥637,938,327.47, a significant decrease of 1087.48% compared to ¥64,602,500.56, mainly due to reduced bill discounts and increased performance bonuses for 2023[26] - Cash and cash equivalents at the end of the period decreased to ¥1,412,427,963.08 from ¥877,890,795.04, a decline of 60.6%[37] - The company’s cash outflow from financing activities was ¥442,413,662.96, down from ¥639,138,947.46 in the previous period, a decrease of 30.8%[37] - Current liabilities total RMB 9,140,437,233.29, compared to RMB 8,730,697,799.44 in the previous period[33] - The total liabilities increased to ¥10,354,004,432.22 from ¥10,065,726,137.99, representing a growth of 2.9%[34] Assets and Equity - Total assets at the end of the reporting period were ¥16,786,674,651.43, representing a 3.90% increase from the end of the previous year[2] - Shareholders' equity attributable to the parent company was ¥5,781,117,004.86, up 5.90% from the previous year[2] - The total equity attributable to shareholders rose to ¥5,781,117,004.86, up from ¥5,459,282,614.50, indicating an increase of 5.9%[34] - Non-current assets amount to RMB 6,369,924,396.03, up from RMB 6,238,147,677.15[33] - The company’s long-term equity investments increased to RMB 368,171,502.93 from RMB 323,555,884.88[33] Receivables and Expenses - Accounts receivable increased by 31.02% to ¥610,166,838.41 due to an increase in sales receipts[9] - Other receivables rose by 40.35% to ¥83,420,387.04, primarily due to increased export tax rebates[9] - Research and development expenses amounted to ¥136,840,304.13, up from ¥115,830,306.79, indicating a focus on innovation and product development[20] - Financial expenses decreased to ¥26,475,702.80 from ¥38,394,761.57, reflecting improved financial management[20] - The company recognized a loss from asset impairment of ¥22,138,149.62, which may impact future profitability[20] - The company declared a tax expense of ¥25,001,439.45, an increase from ¥22,789,474.30, reflecting higher earnings[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,890[27] - The largest shareholder, Xu Xiaomin, holds 6.77% of shares, totaling 55,615,820 shares[27] - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million, with a maximum repurchase price of RMB 25 per share[31] - As of March 31, 2024, the company has repurchased 3,119,052 shares, accounting for 0.38% of the total share capital[31] Operating Revenue and Costs - Total operating revenue for the current period reached ¥2,969,367,795.11, an increase of 16.2% compared to ¥2,555,046,217.61 in the previous period[34] - Total operating costs amounted to ¥2,738,214,542.52, up 14.1% from ¥2,399,614,952.62 in the prior period[34]