Summary by Moomoo AI
GUANGCAR GROUP (SHARE NO.: 2238) HAS ISSUED ITS FIRST QUARTERLY REPORT 2024, WHICH IS UNAUDITED. The report showed that Q1 revenue of Guangxi Group was RMB213 billion, down 19.12% year-on-year; net profit attributable to shareholders of listed companies was RMB12.2 billion, down 20.65%; net profit after non-recurring loss was RMB6.87 billion, down 52.08%. Net cash flow generated by operating activities was RMB61.39 billion, down 731.46%. Basic earnings per share were $0.12, down 20%. Total assets amounted to RMB2124 billion, down 2.72% year-on-year, while shareholders' equity belonging to listed company shareholders increased slightly by 1.13%. During the quarterly reporting period, the operating activities of the Guangdong Group were affected by a decrease in revenue and an increase in payments from suppliers, resulting in a significant decrease in cash flow. At the end of the reporting period, the total number of ordinary shareholders of Guangxi Group was 156,036.