OGI(SH:600811)2016-04-29 16:00Financial Performance - Operating revenue for the period was CNY 1,470,064,647.61, representing a year-on-year increase of 20.66%[6] - Net profit attributable to shareholders was CNY 232,178,527.22, down 9.34% from the previous year[6] - Basic earnings per share decreased by 9.31% to CNY 0.1393[6] - The weighted average return on equity was 2.22%, a decrease of 0.27 percentage points compared to the previous year[6] - Total operating revenue for Q1 2016 was CNY 1,470,064,647.61, an increase of 20.6% compared to CNY 1,218,397,175.79 in the same period last year[22] - Net profit for Q1 2016 was CNY 225,077,837.10, a decrease of 8.8% from CNY 246,897,422.70 in Q1 2015[24] - The total comprehensive income for Q1 2016 was CNY 93,609,500.32, down from CNY 246,835,022.70 in the previous year[24] - Basic and diluted earnings per share for Q1 2016 were both CNY 0.1393, compared to CNY 0.1536 in Q1 2015[24] Cash Flow - The net cash flow from operating activities was CNY -487,397,900.60, compared to CNY 3,837,089.51 in the same period last year[6] - Cash received from operating activities decreased by 98.53% to ¥8.88 million due to reduced receivables[11] - Cash paid for operating activities decreased by 76.09% to ¥165.39 million due to lower payments[11] - Cash inflow from investment activities in Q1 2016 was CNY 20,438,064,983.46, a substantial increase compared to CNY 57,835,268.30 in Q1 2015[29] - The net cash flow from operating activities for Q1 2016 was -25,482,572.15 RMB, compared to -73,018,288.56 RMB in the previous period, indicating an improvement[32] - The total cash outflow from operating activities was 45,497,431.94 RMB, compared to 711,368,697.93 RMB in the previous period[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,801,424,967.17, a decrease of 2.07% compared to the end of the previous year[6] - Current liabilities totaled CNY 6,364,028,616.23, down from CNY 6,847,664,286.31, indicating a reduction of about 7.06%[19] - Non-current liabilities decreased to CNY 3,611,290,456.33 from CNY 3,661,087,053.91, representing a decline of approximately 1.37%[19] - Total liabilities were CNY 9,975,319,072.56, down from CNY 10,508,751,340.22, showing a decrease of around 5.07%[19] - Owner's equity increased to CNY 10,826,105,894.61 from CNY 10,731,981,750.43, reflecting a growth of approximately 0.88%[20] - Cash and cash equivalents decreased to CNY 678,054,877.25 from CNY 853,033,696.66, a decline of about 20.49%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 106,808[9] - The largest shareholder, Dongfang Group Industrial Co., Ltd., held 27.98% of the shares[9] Inventory and Receivables - Accounts receivable decreased by 33.33% to ¥200 million due to the maturity of receivables[11] - Other receivables increased by 199.77% to ¥210.75 million primarily due to equity transfer receivables[11] - Inventory decreased by 47.15% to ¥548.50 million as a result of inventory sales[11] - Inventory levels were reported at CNY 548,499,621.55, down from CNY 1,037,910,971.62, indicating a significant reduction of approximately 47.16%[18] Financing Activities - The company plans to raise up to ¥8.735 billion through a private placement of up to 119.49 million shares for urbanization projects[12] - The company received approval for the issuance of short-term financing notes up to ¥1.5 billion[13] - Cash obtained from loans decreased by 42.28% to ¥796 million compared to the same period last year[11] - Cash paid for debt repayment decreased by 78.99% to ¥431 million due to early loan repayments in the previous year[11] - Short-term borrowings increased to CNY 3,384,000,000.00 from CNY 3,019,000,000.00, reflecting an increase of about 12.08%[19] - Long-term borrowings remained stable at CNY 600,000,000.00, unchanged from the previous period[19] Other Income - The company reported a total of CNY 433,343.95 in non-operating income for the period[7] - The company transferred its entire stake in Minsheng E-commerce for ¥135.30 million[14] - Investment income for Q1 2016 was CNY 450,190,786.96, slightly up from CNY 416,842,456.63 in Q1 2015[22]