OGI(SH:600811)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 2.53% to CNY 170,575,477.86 year-on-year[17] - Operating income rose by 4.03% to CNY 1,812,569,410.36 compared to the same period last year[17] - Basic earnings per share increased by 2.46% to CNY 0.0459[17] - Total revenue for Q1 2019 was CNY 1,814,584,843.87, an increase from CNY 1,750,810,375.61 in Q1 2018, representing a growth of approximately 3.9%[54] - Operating profit for Q1 2019 was CNY 145,178,420.30, slightly down from CNY 150,959,251.83 in Q1 2018, indicating a decrease of about 3.5%[56] - Net profit attributable to shareholders for Q1 2019 was CNY 170,575,477.86, compared to CNY 166,366,735.78 in Q1 2018, reflecting an increase of approximately 1.3%[56] - The total comprehensive income for Q1 2019 was CNY 440,219,313.45, compared to CNY 464,548,825.65 in Q1 2018, indicating a decrease of 5.2%[61] Cash Flow - Net cash flow from operating activities surged by 145.60% to CNY 928,661,047.60[17] - The net cash flow from operating activities for Q1 2019 was CNY 928,661,047.60, an increase of 145.0% compared to CNY 378,112,702.49 in Q1 2018[63] - The net cash flow from investing activities for Q1 2019 was negative CNY 326,356,924.31, compared to negative CNY 96,009,101.32 in Q1 2018[63] - The company’s financing activities generated a net cash outflow of CNY 136,996,556.56 in Q1 2019, compared to a net outflow of CNY 84,157,824.07 in Q1 2018[63] Assets and Liabilities - Total assets increased by 3.52% to CNY 51,256,734,957.83 compared to the end of the previous year[17] - Total liabilities as of March 31, 2019, were approximately CNY 30.12 billion, up from CNY 28.56 billion at the end of 2018, reflecting an increase of about 5.5%[47] - The company's total assets amounted to approximately CNY 51.26 billion as of March 31, 2019, an increase from CNY 49.51 billion as of December 31, 2018, reflecting a growth of about 3.5%[45] - The total liabilities as of Q1 2019 were ¥18,280,173,319.87, unchanged from the previous period[72] Shareholder Information - The total number of shareholders at the end of the reporting period was 90,841[19] - The largest shareholder, Tibet Orient Runlan Investment Co., held 16.39% of shares, totaling 608,854,587 shares[22] - The company plans to repurchase shares with a budget of ¥200 million to ¥400 million at a price not exceeding ¥6.50 per share, with a repurchase period of 12 months[34] Financial Instruments and Standards - The company reported a 100% increase in trading financial assets, now valued at CNY 56,117,320.45 due to new financial instrument standards[25] - Financial assets measured at fair value and changes included in current profit and loss decreased to 0.00, a 100.00% decline due to adjustments from the new financial instrument standards[27] - The company has implemented new financial instrument standards effective January 1, 2019, impacting the classification and measurement of financial instruments[74] Other Financial Metrics - The weighted average return on equity decreased by 0.01 percentage points to 0.82%[17] - Cash received from investment reached ¥44,448,796,471.51, a 364.18% increase mainly due to increased amounts from reverse repos and financial products[27] - Cash paid for investments amounted to ¥44,676,022,922.55, a 365.13% increase also due to increased amounts from reverse repos and financial products[27] - The company reported a significant increase in interest expenses, which rose to CNY 119,511,157.86 in Q1 2019 from CNY 100,083,997.51 in Q1 2018, marking a rise of 19.4%[58]