长安汽车(000625) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥37,023,223,131.54, representing a 7.14% increase compared to ¥34,556,094,707.75 in the same period last year[3] - Net profit attributable to shareholders was ¥1,158,060,683.94, a significant decrease of 83.39% from ¥6,970,203,078.41 in Q1 2023[3] - The net profit excluding non-recurring gains and losses was ¥111,699,858.33, down 91.77% from ¥1,481,090,757.20 year-on-year[3] - The total revenue for Q1 2024 was CNY 37,023,223,131.54, an increase from CNY 34,556,094,707.75 in the same period last year, representing a growth of approximately 7.1%[18] - The net profit attributable to the parent company for Q1 2024 was CNY 1,158,060,683.94, compared to CNY 6,970,203,078.41 in Q1 2023, indicating a significant decrease[20] - The company reported a gross profit of CNY 37,369,149,059.07 for Q1 2024, compared to CNY 33,047,406,877.77 in Q1 2023, marking an increase of approximately 13.9%[18] - The operating profit for Q1 2024 was CNY 798,163,456.47, a significant decline from CNY 6,848,919,268.49 in the same quarter last year[19] - The total comprehensive income for Q1 2024 was CNY 807,168,500.30, down from CNY 6,681,044,087.64 in Q1 2023[20] - The company’s basic earnings per share for Q1 2024 were CNY 0.12, a decrease from CNY 0.71 in the previous year[20] Cash Flow and Liquidity - The net cash flow from operating activities increased by 55.10% to ¥5,247,360,763.49, compared to ¥3,383,283,790.67 in the previous year[3] - The total cash inflow from operating activities for Q1 2024 was ¥47,223,319,244.21, an increase from ¥37,279,004,229.92 in Q1 2023, representing a growth of approximately 26.3%[21] - The net cash flow from operating activities for Q1 2024 was ¥5,247,360,763.49, compared to ¥3,383,283,790.67 in Q1 2023, indicating an increase of about 55.1%[21] - The cash outflow for purchasing goods and services in Q1 2024 was ¥33,372,759,094.63, up from ¥25,584,540,659.85 in Q1 2023, reflecting a rise of approximately 30.7%[21] - The total cash inflow from financing activities for Q1 2024 was ¥267,399,683.86, compared to ¥147,533,036.83 in Q1 2023, showing an increase of about 81.1%[22] - The net cash flow from financing activities for Q1 2024 was ¥38,748,600.82, a turnaround from -¥1,136,857,957.85 in Q1 2023[22] - The cash and cash equivalents at the end of Q1 2024 amounted to ¥69,233,534,181.97, up from ¥60,571,409,295.01 at the end of Q1 2023, marking an increase of approximately 14.4%[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥190,549,279,167.90, a slight increase of 0.20% from ¥190,171,127,138.27 at the end of the previous year[4] - The company's equity attributable to shareholders rose by 1.90% to ¥73,221,742,964.59 from ¥71,853,119,985.49 at the end of the last fiscal year[4] - The total liabilities as of Q1 2024 were CNY 114,786,929,470.61, slightly down from CNY 115,487,870,299.24 in the previous year[17] - The total non-current liabilities as of Q1 2024 were CNY 12,880,026,399.98, compared to CNY 12,248,452,824.80 in the previous year, indicating an increase of about 5.2%[17] - The total current assets amounted to RMB 131,005,023,241.22, slightly increasing from RMB 130,934,907,195.24[15] - The total non-current assets were RMB 59,544,255,926.68, slightly increasing from RMB 59,236,219,943.03[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 453,758[9] - The largest shareholder, China Changan Automobile Group Co., Ltd., holds a 17.98% stake in the company[9] Investment and Other Income - Investment income for Q1 2024 was ¥177,172,521.23, a drastic decline of 96.43% compared to ¥4,958,506,022.69 in the same period last year due to the previous year's acquisition of Deep Blue Automotive Technology[8] - Other income increased by 189.75% to ¥996,881,432.44, primarily due to VAT reductions and government subsidies received during the period[8] Research and Development - Research and development expenses for Q1 2024 amounted to CNY 1,543,611,744.71, up from CNY 1,362,199,044.65 in the previous year, reflecting an increase of about 13.3%[19]