天润工业(002283) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥962,638,178.28, a decrease of 2.27% compared to ¥984,952,152.63 in the same period last year[5]. - Net profit attributable to shareholders was ¥92,526,108.61, down 11.80% from ¥104,904,685.84 year-on-year[5]. - Basic earnings per share were ¥0.08, reflecting an 11.11% decline from ¥0.09 in the same period last year[5]. - The company reported a total comprehensive income of CNY 92,135,143.52 for Q1 2024, down from CNY 104,683,354.14 in Q1 2023[28]. - The net profit for Q1 2024 was CNY 92,151,714.75, a decrease of 11.5% compared to CNY 104,674,820.98 in Q1 2023[27]. - Operating profit for Q1 2024 was CNY 104,057,643.17, down 9.7% from CNY 115,250,676.11 in Q1 2023[27]. Cash Flow and Investments - The net cash flow from operating activities decreased by 28.29% to ¥41,646,712.64, compared to ¥58,075,423.04 in the previous year[5]. - The net cash flow from investment activities was negative at -¥31,603.32 million, a decrease of ¥12,024.20 million compared to the previous year[13]. - The total cash outflow from investing activities was CNY 316,070,418.40, compared to CNY 241,742,560.96 in the previous year, reflecting an increase of 30.9%[31]. - Cash flow from operating activities generated a net amount of CNY 41,646,712.64, compared to CNY 58,075,423.04 in the same period last year, reflecting a decline of 28.3%[31]. Expenses - The company reported a significant increase in sales expenses by 33.57% to ¥1,217.33 million, primarily due to higher sales incentives and after-sales service costs[11]. - Management expenses rose by 30.87% to ¥5,151.45 million, attributed to the implementation of an employee stock ownership plan[11]. - Research and development expenses increased to CNY 61,223,941.91, up 4.1% from CNY 58,628,589.33 in the previous year[27]. - The company incurred financial expenses of CNY -5,033,737.11, compared to CNY 3,171,706.12 in the previous year, indicating a significant change in financial performance[27]. Assets and Liabilities - Total assets increased by 1.65% to ¥8,505,094,916.51 from ¥8,367,172,324.57 at the end of the previous year[5]. - The company's total current assets reached ¥5,013,915,924.41, up from ¥4,794,881,550.17 at the start of the period, reflecting a growth of approximately 4.5%[23]. - The total liabilities of the company were ¥2,381,365,605.84, compared to ¥2,322,452,964.97 at the beginning of the period, reflecting an increase of approximately 2.5%[24]. - The company's cash and cash equivalents decreased to ¥1,122,214,265.36 from ¥1,168,922,556.90, a decline of approximately 4%[22]. - The company's inventory increased to ¥1,618,676,011.81 from ¥1,509,645,985.75, representing a growth of about 7.2%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 41,419[15]. - The top shareholder, Tianrun United Group, holds 15.36% of shares, amounting to 174,991,840 shares, with 112,500,000 shares pledged[15]. - The top ten shareholders collectively hold significant stakes, with the second-largest shareholder, Xing Yunbo, owning 11.89% or 135,528,925 shares[15]. - The employee stock ownership plan holds 1.88% of shares, totaling 21,404,388 shares[17]. - The controlling shareholder, Tianrun United Group, pledged 40,000,000 shares, representing 22.86% of its holdings and 3.51% of the total share capital[20]. - The company reported that shareholder Liu Xin holds a total of 33,495,800 shares, with a significant portion held through margin trading[16]. Joint Ventures and Share Repurchase - The company established a joint venture with Handa Wandu (Suzhou) Automotive Parts Co., Ltd., with a registered capital of RMB 100 million, where Tianrun Industrial holds 60%[18]. - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million, at a price not exceeding RMB 9.42 per share[19]. - The company completed the registration of the joint venture on January 19, 2024, obtaining the business license[19]. - The company’s board approved the establishment of the joint venture on July 19, 2023, indicating strategic market expansion efforts[18]. - The company repurchased a total of 8,331,900 shares, accounting for 0.7312% of the total share capital, with a total transaction amount of ¥44,877,966.00[20].