On April 30th, A-share listed company () released its performance report for the first quarter of 2024. Among them, the net loss was 124 million yuan, and the loss decreased by 33.81% year-on-year.
According to the comprehensive calculation and tracking analysis of more than 1,200 financial indicators of the financial data of this period and the past five years based on the financial diagnosis model of Straight Flush, the overall financial situation of Zotye Automobile in recent five years is lower than the industry average. Specifically, the growth ability and solvency are average, the operation ability is good, and the asset quality is excellent.
The net loss was 124 million yuan, with a year-on-year decrease of 33.81%.
In terms of revenue and profit, the company achieved a total operating income of 113 million yuan, down 30.42% year-on-year, a net loss of 124 million yuan, a loss of 33.81% year-on-year, and a basic earnings per share of -0.02 yuan.
Zotye Automobile said that the reason for the change in operating income was: the sales revenue of the automobile sector in this period decreased. The reason for the change in net profit is: the sales of the automobile sector decreased in this period.
In terms of assets, during the reporting period, the total assets at the end of the period were 6.082 billion yuan and the accounts receivable were 1.408 billion yuan. In terms of cash flow, the net cash flow generated by operating activities is-29.414 million yuan, and the cash received from selling goods and providing services is 129 million yuan.
The financial situation is poor, and there are 7 financial risks.
According to the relevant financial information released by Zotye Automobile, the company has seven financial risks, as follows:
On the whole, the overall financial situation of Zotye Automobile is lower than the industry average, and the current total score is 1.25 points, ranking lower among the 25 companies in the automobile industry. Specifically, the growth ability and solvency are average, the operation ability is good, and the asset quality is excellent.
The scores of various indicators are as follows:
On the financial diagnosis model of flush
() The financial diagnosis model calculates the financial score, highlights and risks of the company according to the latest and previous financial data and industry conditions of the company, reflecting the disclosed financial conditions of the company, but not predicting the future financial conditions. The range of financial score is 0~5. The higher the score, the better the financial situation and the greater the investment value in the medium and long term. In the comments on financial highlights and risks, the 5-year average of indicators is taken for the keyword "average", and the latest report period data is taken for those without the keyword "average". All the above information is based on artificial intelligence algorithm, which is for reference only, and does not represent the financial view of straight flush. Investors should operate accordingly at their own risk.
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