OXGF(SZ:300082)2018-04-23 16:00Financial Performance - Total revenue for Q1 2018 reached ¥1,228,286,624.59, an increase of 19.04% compared to ¥1,031,830,285.47 in the same period last year[8] - Net profit attributable to shareholders was ¥30,496,623.46, up 19.69% from ¥25,479,597.88 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥30,005,684.55, reflecting a 26.20% increase from ¥23,776,412.50 in the previous year[8] - Basic earnings per share rose to ¥0.045, an 18.42% increase from ¥0.038 in the same period last year[8] - The total revenue for the reporting period was 1,228.29 million RMB, representing a year-on-year growth of 19.04%[27] - The net profit attributable to shareholders increased by 30.50 million RMB, a growth of 19.69% compared to the previous year[27] - The gross profit margin for Q1 2018 was approximately 3.2%, compared to 2.7% in the same period last year[41] - The company achieved an operating profit of CNY 38,315,814.22, up from CNY 28,073,170.48, indicating a growth of 36.5% year-over-year[42] - The total comprehensive income for Q1 2018 was CNY 32,525,812.15, compared to CNY 25,573,439.02 in the previous year, showing an increase of 27.4%[43] Cash Flow and Financial Position - The company reported a net cash flow from operating activities of -¥263,766,622.98, worsening by 52.48% compared to -¥172,983,774.29 in the previous year[8] - Operating cash inflow for the current period reached ¥1,231,159,843.52, compared to ¥992,260,319.07 in the previous period, reflecting a growth of approximately 24.1%[49] - Cash inflow from financing activities totaled ¥738,783,573.04, an increase of 30.3% from ¥566,865,049.60 in the previous period[50] - Net cash flow from financing activities was ¥211,767,138.44, up from ¥171,519,605.13, indicating a growth of 23.5%[50] - Cash and cash equivalents at the end of the period stood at ¥296,109,147.79, slightly down from ¥298,860,958.94[50] - The company reported a net cash flow from investing activities of -¥9,652,178.94, compared to -¥92,629,186.64 previously[50] - Cash paid for purchasing goods and services was ¥1,393,493,089.10, up from ¥979,494,284.00, representing a 42.3% increase[49] - Cash paid to employees increased to ¥31,483,378.46 from ¥23,688,127.49, marking a rise of 32.8%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,148,457,945.92, a decrease of 2.43% from ¥6,301,474,090.61 at the end of the previous year[8] - Total current assets decreased from CNY 3,023,867,699.23 to CNY 2,955,857,284.27, a decline of approximately 2.25%[33] - Total liabilities decreased from CNY 3,158,256,000.04 to CNY 2,964,853,722.33, a decrease of about 6.13%[35] - Short-term borrowings increased from CNY 1,000,207,979.84 to CNY 1,244,745,868.41, an increase of approximately 24.4%[34] - The company's retained earnings increased from CNY 376,080,858.97 to CNY 406,577,482.43, an increase of approximately 8.1%[36] - Total equity increased from CNY 3,143,218,090.57 to CNY 3,183,604,223.59, an increase of about 1.28%[36] Operational Highlights - The company is focusing on enhancing its market competitiveness by establishing a marketing division to improve management quality and operational efficiency[12] - The company is advancing new technologies, particularly in the field of electronic chemicals and low-carbon fine chemical materials derived from ethylene oxide and carbon dioxide[12] - The company is actively managing financial risks related to accounts receivable to maintain healthy cash flow[15] - The company is progressing on its "20,000 tons of new energy lithium battery electrolyte solvent project," which is currently in the trial operation phase[17] - The sales volume of polyether monomers reached 99,100 tons, marking a year-on-year increase of 43.83%[27] - Accounts receivable decreased by 124.04 million RMB, a reduction of 22.69% from the beginning of the year[25] - Inventory increased by 128.75 million RMB, reflecting a 31.6% rise compared to the beginning of the year[25]