国机汽车(600335) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was ¥9,658,021,593.09, a decrease of 5.47% compared to ¥10,216,614,711.12 in Q1 2023[22] - Net profit attributable to shareholders of the listed company increased by 24.57% to ¥122,647,963.08 from ¥98,458,783.06 in the same period last year[12] - The total profit for Q1 2024 was ¥150,737,023.05, an increase from ¥143,291,551.64 in the same period last year[12] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0820, reflecting a 24.61% increase from ¥0.0658 in Q1 2023[12] - Other comprehensive income after tax for Q1 2024 was -¥3,350,795.42, compared to ¥1,021,333.28 in Q1 2023[12] Cash Flow - The net cash flow from operating activities was ¥207,342,699.93, a significant decline of 85.68% compared to the previous year[22] - In Q1 2024, cash inflow from operating activities totaled ¥11,994,881,784.05, a decrease of 2.96% from ¥12,361,921,586.88 in Q1 2023[35] - Cash outflow from operating activities increased to ¥11,787,539,084.12, compared to ¥10,914,440,898.50 in the same period last year, resulting in a net cash flow from operating activities of ¥207,342,699.93, down 85.7% from ¥1,447,480,688.38[35] - Cash inflow from investment activities was ¥98,277,108.70, up from ¥71,595,825.10 in Q1 2023[35] - Net cash flow from investment activities was -¥231,803,635.29, an improvement from -¥270,392,108.43 in the previous year[51] - Cash inflow from financing activities increased to ¥3,820,420,907.85, compared to ¥2,805,301,654.09 in Q1 2023[51] - Cash outflow from financing activities rose to ¥4,564,055,106.70, up from ¥2,606,878,724.49 in the same quarter last year[51] - The net cash flow from financing activities was -¥743,634,198.85, a decline from a positive cash flow of ¥198,422,929.60 in Q1 2023[51] - The ending balance of cash and cash equivalents decreased to ¥2,406,470,378.50 from ¥4,048,136,058.95 year-over-year[51] - The company received ¥14,520,682.87 in tax refunds, down from ¥33,411,196.26 in Q1 2023[35] - Payments to employees increased to ¥522,105,964.02 from ¥494,687,672.04 in the previous year[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,683, with the largest shareholder, China National Machinery Industry Group, holding 68.70%[4] - The top ten shareholders hold a combined total of 1,080,000,000 shares, representing a significant portion of the company's equity[5] - The company has no pledged, marked, or frozen shares among its top shareholders[4] - The company has not disclosed any related party transactions or concerted actions among its top shareholders[5] Assets and Liabilities - Total assets decreased by 7.25% to ¥31,983,252,294.66 from ¥34,482,983,349.66 at the end of the previous year[22] - As of March 31, 2024, total current assets decreased to ¥26,240,886,675.26 from ¥28,744,967,602.73 as of December 31, 2023, representing a decline of approximately 8.7%[29] - Cash and cash equivalents decreased to ¥3,049,795,921.23 from ¥3,578,357,687.56, a reduction of about 14.7%[29] - Accounts receivable increased to ¥6,532,019,414.44 from ¥6,380,267,262.12, reflecting a growth of approximately 2.4%[29] - Inventory decreased significantly to ¥5,676,223,748.70 from ¥7,055,252,170.49, indicating a decline of around 19.5%[29] - Total liabilities decreased to ¥20,987,731,710.94 from ¥23,610,088,775.90, a reduction of approximately 11.0%[31] - Total equity attributable to shareholders increased to ¥11,043,068,627.96 from ¥10,923,298,590.12, showing a growth of about 1.1%[31] - The company reported a total asset value of ¥31,983,252,294.66 as of March 31, 2024, down from ¥34,482,983,349.66[31] Financial Strategy and Outlook - The report indicates a focus on maintaining stable financial performance amid market fluctuations[3] - The company is exploring new strategies for market expansion and product development in the upcoming quarters[3] Research and Development - R&D expenses rose significantly by 108.50% to ¥262,171,150.37, compared to ¥125,741,528.74 in Q1 2023[24] Fair Value Changes - The company reported a loss of RMB 3,015,464.07 from fair value changes of financial assets and liabilities[3]