OIE(SH:600278)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥10,469,954,681.09, representing a decrease of 3.69% compared to the same period last year[6] - Net profit attributable to shareholders was ¥88,602,796.92, an increase of 40.76% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥82,183,308.19, reflecting an increase of 80.59% compared to the previous year[6] - Basic and diluted earnings per share were both ¥0.10, up 42.86% from the previous year[9] - The company reported a total profit of approximately ¥148.61 million for Q1 2022, compared to ¥102.11 million in Q1 2021, marking a 45.5% increase[31] Cash Flow and Investments - The net cash flow from operating activities was -¥1,028,875,746.58, a decrease of 63.04% year-on-year[6] - Cash flow from operating activities for Q1 2022 was negative at approximately -¥1.03 billion, worsening from -¥631.07 million in Q1 2021[34] - Cash inflow from investment activities in Q1 2022 was approximately ¥4.13 billion, a significant decrease from ¥13.44 billion in Q1 2021[34] - The net cash flow from investment activities was negative at approximately -$1.03 billion, a decline from -$123.92 million in the prior period[36] - The cash outflow for investment activities totaled approximately $14.48 billion, compared to $4.25 billion in the previous period, indicating a significant increase in investment spending[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,865,877,478.52, an increase of 2.34% from the end of the previous year[9] - The total liabilities as of March 31, 2022, were RMB 11,531,907,748.31, compared to RMB 11,191,427,970.14 at the end of 2021, indicating an increase of approximately 3.0%[25] - The company's total assets reached RMB 18,865,877,478.52, up from RMB 18,434,321,472.74, reflecting a growth of about 2.3%[25] - The company's cash and cash equivalents decreased to RMB 3,695,573,824.31 from RMB 4,799,209,291.63, a decline of about 22.9% year-over-year[20] - The company reported a decrease in accounts payable to RMB 2,956,061,992.82 from RMB 3,410,906,877.88, a decline of approximately 13.3%[25] Shareholder Equity - Shareholders' equity attributable to the parent company was ¥6,982,559,239.26, reflecting a 0.98% increase from the previous year[9] - The total equity attributable to shareholders of the parent company was RMB 6,982,559,239.26, compared to RMB 6,914,584,205.39, an increase of about 1.0%[25] Operational Highlights - The company experienced a significant increase in logistics sector profits, particularly in the shipping industry, contributing to the rise in net profit[14] - The company successfully issued exchangeable bonds with a total scale of RMB 150 million, with a maturity of 3 years and a coupon rate of 1.5%[18] - The company granted 15,068,000 A-share restricted stock to 262 eligible incentive objects at an initial grant price of RMB 3.95 per share[20] - The company's inventory increased to RMB 2,960,581,150.11 from RMB 2,134,076,967.24, marking a significant rise of approximately 38.7%[20] - Research and development expenses for Q1 2022 were approximately ¥1.28 million, up from ¥1.01 million in Q1 2021, indicating a focus on innovation[29] Other Financial Metrics - The weighted average return on equity increased by 0.39 percentage points to 1.28%[9] - Other comprehensive income after tax for Q1 2022 was approximately -¥81.18 million, an improvement from -¥220.15 million in Q1 2021[31] - The company did not apply the new accounting standards starting from 2022[36]