OIE(SH:600278)2014-04-25 16:00Financial Performance - Operating revenue for the period was CNY 3,455,944,482.54, representing a year-on-year increase of 13.40%[9] - Net profit attributable to shareholders of the listed company was CNY 23,848,506.99, a decrease of 5.73% compared to the previous year[9] - The net profit after deducting non-recurring gains and losses increased by 202.29% year-on-year to CNY 25,251,242.19[9] - Total operating revenue for the current period reached ¥3,455,944,482.54, an increase of 13.4% compared to ¥3,047,670,630.38 in the previous period[30] - Net profit for the current period was ¥31,224,429.35, slightly up from ¥31,093,451.30, reflecting a marginal increase of 0.4%[30] Cash Flow - Net cash flow from operating activities was negative CNY 157,187,528.51, a decline of 573.23% year-on-year[9] - Cash flow from operating activities generated ¥4,020,672,211.36, compared to ¥3,811,866,174.49 in the prior period, indicating a growth of 5.5%[34] - Cash flow from financing activities resulted in a net inflow of ¥36,526,696.93, contrasting with a net outflow of -¥11,055,148.96 in the prior period[36] - The net increase in cash was -¥94,431,840.63, a decline of 283.67% compared to the previous year, indicating significant cash outflows[16] - The net increase in cash and cash equivalents for the period was $28,891,097.38, compared to $85,989,964.14 in the previous period, a decrease of 66.4%[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,464,089,101.77, a decrease of 1.53% compared to the end of the previous year[9] - Total current assets decreased from CNY 3,769,265,602.87 to CNY 3,753,711,376.20, a decline of approximately 0.41%[21] - Total liabilities decreased from CNY 2,664,747,464.36 to CNY 2,592,757,125.30, a reduction of about 2.70%[23] - Non-current assets decreased from CNY 1,779,976,113.38 to CNY 1,710,377,725.57, a decrease of about 3.90%[22] - Short-term borrowings increased by 155.45% to ¥64,726,842.10, driven by the operational needs of a subsidiary[15] Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 2,624,486,128.58, down 0.73% from the previous year[9] - The total number of shareholders at the end of the reporting period was 32,167[12] - The largest shareholder, Dongfang International (Group) Co., Ltd., held 70.16% of the shares, totaling 366,413,448 shares[12] - Basic earnings per share remained at CNY 0.05, unchanged from the previous year[9] - Earnings per share remained stable at ¥0.05 for both basic and diluted earnings per share[31] Investment and Financing Activities - Investment income dropped by 70.89% year-on-year to ¥6,697,589.35, as there were no significant financial equity disposals in the current period[14] - The net cash flow from financing activities rose by 430.40% to ¥36,526,696.93, attributed to new short-term borrowings by a subsidiary[16] - Cash inflow from investment income was $5,677,323.59, down from $22,044,927.52, a decline of 74.2%[39] Corporate Actions and Commitments - The company is committed to resolving foreign trade company debt disputes within 30 months after the completion of the major asset restructuring transaction[17] - The company plans to inject quality assets from the Oriental International Group into the listed company following the completion of the major asset restructuring transaction[17] - The company has undertaken to cover any potential losses or obligations arising from ongoing or foreseeable major litigation related to the injected companies, with a threshold amount of 1 million RMB[18] - The company is actively working on the restructuring of its foreign trade company to reduce business risks and improve internal controls[17] - The company is focused on minimizing related party transactions and ensuring they are conducted at market prices[17]