太极集团(600129) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 4,207,673,289.91, representing a decrease of 4.96% compared to the same period last year[4]. - Net profit attributable to shareholders of the listed company was CNY 246,838,634.18, an increase of 5.05% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 218,326,297.33, down by 8.47% compared to the previous year[4]. - Total operating revenue for Q1 2024 was approximately ¥4.21 billion, a decrease of 4.7% compared to ¥4.43 billion in Q1 2023[18]. - Net profit for Q1 2024 was approximately ¥249.14 million, an increase of 5.3% from ¥236.60 million in Q1 2023[19]. - The total comprehensive income for Q1 2024 was approximately ¥249.14 million, compared to ¥236.58 million in Q1 2023, indicating a growth of 5.3%[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -166,876,620.52, indicating a significant cash outflow[4]. - Cash inflow from operating activities in Q1 2024 was approximately ¥3.51 billion, a decrease of 12.2% from ¥3.99 billion in Q1 2023[21]. - The net cash flow from operating activities for Q1 2024 was -$166.88 million, slightly improved from -$167.57 million in Q1 2023[22]. - Total cash outflow from operating activities decreased to $3.68 billion in Q1 2024 from$4.17 billion in Q1 2023, indicating a reduction of approximately 11.7%[22]. - Cash inflow from investment activities was $1.69 million in Q1 2024, down from$54.16 million in Q1 2023, representing a decline of about 96.9%[22]. - The net cash flow from investment activities was -$203.57 million in Q1 2024, compared to -$162.16 million in Q1 2023, reflecting a worsening of approximately 25.6%[22]. - Cash inflow from financing activities decreased to $190.65 million in Q1 2024 from$267.42 million in Q1 2023, a decline of about 28.7%[22]. - The net cash flow from financing activities improved to -$83.34 million in Q1 2024 from -$288.29 million in Q1 2023, indicating a significant improvement[22]. - The total cash and cash equivalents at the end of Q1 2024 were $1.20 billion, down from$1.35 billion at the end of Q1 2023, a decrease of approximately 11.5%[23]. - The total cash outflow for taxes paid decreased to $354.73 million in Q1 2024 from$455.32 million in Q1 2023, a reduction of about 22.1%[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,372,286,773.55, an increase of 6.66% from the end of the previous year[5]. - The total current assets reached ¥8,479,353,480.16, compared to ¥7,604,664,368.90 in the previous period, indicating an increase of about 11.48%[15]. - The total liabilities increased to ¥11,381,761,988.70 from ¥10,665,932,484.04, representing a growth of around 6.71%[16]. - The company's equity attributable to shareholders reached ¥3,869,350,003.73, up from ¥3,622,185,106.00, which is an increase of about 6.83%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,073[7]. - The company reported a total of 4,723,808 shares held by major shareholders, with a proportion of 0.85%[12]. Expenses - Research and development expenses increased to approximately ¥55.89 million in Q1 2024, up 47.0% from ¥38.03 million in Q1 2023[18]. - Sales expenses decreased to approximately ¥1.39 billion in Q1 2024, down 16.1% from ¥1.66 billion in Q1 2023[18]. - The company experienced a decrease in tax expenses, which were approximately ¥43.94 million in Q1 2024, down from ¥47.74 million in Q1 2023[19]. - The cash paid to employees increased to $509.95 million in Q1 2024 from$487.45 million in Q1 2023, an increase of approximately 4.0%[22]. Other Income - The company reported a significant increase in other income, which rose to approximately ¥42.47 million in Q1 2024, compared to ¥5.30 million in Q1 2023[18]. Earnings Per Share - The basic earnings per share for the period was CNY 0.44, reflecting a year-on-year increase of 4.76%[4]. - Basic earnings per share for Q1 2024 was ¥0.44, compared to ¥0.42 in Q1 2023, reflecting a 4.8% increase[20]. Asset Changes - Accounts receivable rose significantly to ¥2,637,196,340.70 from ¥1,978,057,763.16, marking an increase of approximately 33.33%[14]. - The inventory increased to ¥2,988,493,343.38 from ¥2,690,632,474.71, reflecting a growth of about 11.09%[15]. - The cash and cash equivalents decreased to ¥1,457,697,504.88 from ¥1,935,008,857.17, a decline of approximately 24.66%[14]. Strategic Developments - The company has not reported any new strategies or significant changes in product development during this quarter[13].