贵州轮胎(000589) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,439,626,181.76, representing a 22.11% increase compared to ¥1,997,872,978.95 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥207,433,240.75, a significant increase of 123.66% from ¥92,744,656.79 in Q1 2023[5] - The basic earnings per share for Q1 2024 was ¥0.17, up 112.50% from ¥0.08 in the previous year[5] - Operating profit for Q1 2024 was CNY 228,623,302.75, up 103.5% from CNY 112,611,452.46 in Q1 2023[19] - The company reported a total comprehensive income of CNY 208,030,720.18 for Q1 2024, compared to CNY 8,621,476.59 in the same period last year[20] Assets and Liabilities - The company's total assets as of March 31, 2024, were ¥17,865,534,083.81, reflecting a 1.07% increase from ¥17,675,947,549.05 at the end of the previous year[5] - Total liabilities decreased to CNY 10,228,152,189.75 from CNY 10,531,239,166.92, a reduction of 2.9% year-over-year[19] - The total assets of Guizhou Tyre Co., Ltd. as of March 31, 2024, amounted to CNY 17,865,534,083.81, an increase from CNY 17,675,947,549.05 at the beginning of the year[14] - Current assets totaled CNY 8,429,265,362.21, slightly up from CNY 8,394,977,881.97 at the start of the year[15] - Total current liabilities amounted to CNY 8,497,412,757.79, up from CNY 8,225,480,491.73, representing an increase of about 3.31%[15] Cash Flow - The net cash flow from operating activities for Q1 2024 was ¥15,582,052.71, a decrease of 67.01% compared to ¥47,230,062.09 in Q1 2023[5] - Cash inflow from operating activities was CNY 2,460,362,584.93, an increase from CNY 2,278,673,094.54 in Q1 2023[22] - The total cash outflow from investing activities was ¥349,373,638.74, up from ¥256,190,485.95 in the previous year, resulting in a net cash flow from investing activities of -¥347,589,086.77[23] - Cash inflow from financing activities totaled ¥374,000,000.00, down from ¥800,653,960.00 in Q1 2023, with a net cash flow from financing activities of ¥137,518,765.18[23] - The net increase in cash and cash equivalents for Q1 2024 was -¥199,977,728.09, compared to -¥219,249,764.09 in Q1 2023[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,962[11] - The largest shareholder, Guizhou Industrial Investment Co., Ltd., holds 24.74% of the shares, with 152,080,000 shares pledged[11] Operating Expenses and Income - The company reported a 51.31% increase in operating expenses, totaling ¥97,787,841.19, due to increased sales scale[10] - The financial expenses decreased by 82.03% to ¥3,734,580.06, attributed to smaller fluctuations in the USD exchange rate compared to the previous year[10] - The company recorded a significant increase in non-operating income, which reached ¥2,841,016.08, up 1143.64% from ¥228,442.90 in the same period last year[10] Other Financial Metrics - Research and development expenses increased to CNY 78,669,878.87, up 18.8% from CNY 66,253,542.46 in the previous year[19] - The company maintained a strong equity position with total equity reaching CNY 7,637,381,894.06, up from CNY 7,144,708,382.13 year-over-year[19] - The company paid ¥267,706,662.78 in cash to employees, an increase from ¥215,544,599.79 in the previous year[23] - The cash paid for taxes was ¥33,579,769.42, compared to ¥26,070,954.04 in Q1 2023, reflecting a 28.8% increase[23] - The company did not execute an audit for the Q1 2024 report[25]