OXGF(SZ:300082)2025-04-21 14:40Financial Performance - The company's operating revenue for Q1 2025 was ¥943,029,457.43, representing a 24.57% increase compared to ¥757,055,403.69 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥3,282,409.20, a significant improvement of 95.81% from a loss of ¥78,384,228.37 in the previous year[5] - Net profit for the current period was ¥568,590.92, a significant recovery from a net loss of ¥78,113,450.97 in the previous period[34] - The company reported a comprehensive income total of ¥578,790.92, compared to a loss of ¥78,318,948.98 in the previous period[35] - Basic and diluted earnings per share were both -0.0048, improving from -0.1153 in the previous period[35] Cash Flow - The net cash flow from operating activities was negative at ¥607,337,378.50, which is a 100.82% decrease compared to the previous year's negative cash flow of ¥302,422,508.34[5] - Cash flow from operating activities showed a net outflow of ¥607,337,378.50, worsening from a net outflow of ¥302,422,508.34 in the previous period[36] - The net cash inflow from investment activities was $286,963,169.75, an increase from $67,087,135.43 in the previous period[37] - Cash inflow from financing activities totaled $734,240,000.00, compared to $623,250,000.00 in the prior period[37] - The net cash outflow from financing activities was $61,844,142.77, a decrease from $96,082,325.62 in the previous period[37] - The cash and cash equivalents at the end of the period amounted to $271,975,126.32, down from $278,804,478.75[37] - The company experienced a net decrease in cash and cash equivalents of $258,079,658.71 during the period[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,601,160,723.75, down 2.19% from ¥5,726,716,255.37 at the end of the previous year[5] - Total liabilities decreased from CNY 2,739,173,509.18 to CNY 2,628,819,503.99, a reduction of about 4.0%[31] - Total equity attributable to shareholders of the parent company decreased to ¥2,748,221,186.89 from ¥2,757,273,722.49[32] - Total liabilities and equity amounted to ¥5,601,160,723.75, down from ¥5,726,716,255.37 in the previous period[32] - Minority interests decreased to ¥224,120,032.87 from ¥230,269,023.70 in the previous period[32] Inventory and Receivables - The company's inventory increased by 59.58%, reaching an increase of ¥201,411,600 compared to the previous year, driven by market demand[13] - Accounts receivable increased from CNY 453,503,541.04 to CNY 552,480,446.24, reflecting a growth of approximately 21.8%[30] - Inventory rose significantly from CNY 338,030,761.57 to CNY 539,442,327.90, marking an increase of around 59.5%[30] - The company reported a significant increase in prepayments from CNY 86,658,947.19 to CNY 136,517,024.79, an increase of about 57.5%[30] Financial Expenses and Income - The company's financial expenses increased by 191.38%, amounting to an increase of ¥8,811,000, primarily due to reduced interest income from bank deposits[16] - The investment income rose significantly by 971.73%, increasing by ¥3,720,100, attributed to higher returns from investments in joint ventures[18] Government Support - The company received government subsidies amounting to ¥2,931,564.68, which positively impacted its financial performance[7] Future Plans and Legal Matters - The company has announced plans for future market expansion and new product development, although specific details were not disclosed in the call[29] - The company is actively involved in litigation matters, with several announcements regarding legal proceedings and arbitration updates[28]