OGI(SH:600811)2018-04-27 16:00Financial Performance - Operating revenue rose by 35.09% to CNY 1.74 billion year-on-year[6] - Net profit attributable to shareholders increased by 94.67% to CNY 166.37 million compared to the same period last year[6] - Basic earnings per share increased by 49.83% to CNY 0.0448[6] - The weighted average return on equity rose by 0.39 percentage points to 0.83%[6] - Total revenue for Q1 2018 reached ¥1,750,810,375.61, an increase of 36% compared to ¥1,289,731,780.41 in the same period last year[25] - Net profit for Q1 2018 reached CNY 432,914,406.24, compared to CNY 385,592,770.70 in the same period last year, reflecting an increase of 12.2%[27] - Total comprehensive income for Q1 2018 was CNY 464,548,825.65, an increase from CNY 410,189,722.35 in the same period last year, indicating a growth of 13.2%[28] - Investment income for Q1 2018 was CNY 448,294,158.92, an increase from CNY 427,552,753.70 in the previous year, showing a growth of 4.8%[27] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 378.11 million, compared to a negative CNY 387.01 million in the previous year[6] - Cash received from operating activities increased by 102.84% to ¥557,539,906.60, mainly due to an increase in receivables[14] - Cash inflow from operating activities totaled CNY 3,058,117,376.03, an increase of 29.5% compared to CNY 2,362,389,281.77 in the previous year[31] - The net cash flow from operating activities for the first quarter of 2018 was CNY 1,912,279,218.12, an increase from CNY 732,260,648.42 in the previous year, representing a growth of approximately 161.4%[33] - The cash inflow from operating activities was CNY 2,157,331,567.57, up from CNY 1,998,964,829.00, reflecting a growth of approximately 7.9%[33] Assets and Liabilities - Total assets increased by 2.92% to CNY 49.47 billion compared to the end of the previous year[6] - Accounts receivable increased by 10.80% to CNY 139.62 million due to an increase in receivables[12] - Prepayments surged by 86.03% to CNY 392.23 million, primarily due to increased advance payments for grain by a subsidiary[12] - Current liabilities rose to ¥17,938,834,699.84, an increase of 14% from ¥15,735,532,536.79 year-on-year[20] - Non-current liabilities decreased to ¥11,216,078,088.06 from ¥11,900,710,841.88, a decline of 5.8%[20] - Total equity stood at ¥20,318,508,080.67, slightly down from ¥20,433,847,720.85 at the start of the year[20] Shareholder Information - The total number of shareholders reached 89,325 at the end of the reporting period[10] - The top shareholder, Tibet Dongfang Runlan Investment Co., Ltd., holds 16.39% of the shares[10] Investment Activities - Cash paid for investment activities decreased by 55.17% to ¥9,605,031,798.05, primarily due to reduced investment in financial products[14] - The company reported a net cash flow from investment activities of CNY -82,494,675.05, a slight improvement from CNY -105,607,554.02 year-over-year[33] Financing Activities - The company plans to issue exchangeable bonds totaling up to ¥820 million, approved by the Shanghai Stock Exchange[15] - The company received approval to issue corporate bonds totaling up to ¥4 billion, to be issued in phases within 24 months[16] - The total cash inflow from financing activities was CNY 2,140,900,000.00, compared to CNY 1,200,000,000.00 in the previous year, marking an increase of 78.4%[34] - Cash outflow for debt repayment was CNY 3,098,000,000.00, significantly higher than CNY 1,102,300,000.00 in the previous year, indicating an increase of 180.5%[34] Management Expenses - The company reported a decrease in management expenses to ¥95,360,423.26 from ¥130,252,560.25, a reduction of 26.8%[25] - The company reported a decrease in management expenses to CNY 26,020,991.40 from CNY 33,898,046.08 in the previous year, a reduction of 23.3%[27] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25]