OGI(SH:600811)2019-10-30 16:00Financial Performance - Operating revenue increased by 21.22% to CNY 9.35 billion for the period from January to September[18] - Net profit attributable to shareholders decreased by 38.72% to CNY 474.05 million compared to the same period last year[18] - Basic earnings per share fell by 37.75% to CNY 0.1296[18] - The weighted average return on equity decreased by 1.57 percentage points to 2.23%[18] - The company's net profit attributable to shareholders decreased by 38.72% to RMB 474,046,038.06 compared to the same period last year[34] - Net profit attributable to shareholders increased to ¥8,994,763,022.55 for the first nine months of 2019, compared to ¥7,871,411,856.50 in the same period of 2018, representing a growth of 14.2%[53] - The net profit for the current period is 109,491,484.54, a decrease from 231,748,689.85 in the previous period, representing a decline of approximately 52.8%[56] - The total profit for the current period is 114,356,971.55, compared to 234,498,914.85 in the previous period, indicating a decrease of about 51.2%[56] - The total comprehensive income attributable to the parent company's owners is 137,812,686.02, compared to 285,130,562.00 in the previous period, a decrease of approximately 51.6%[58] Cash Flow - Net cash flow from operating activities surged by 1,269.36% to CNY 3.39 billion year-to-date[18] - Cash received from sales of goods and services increased by 81.22% to RMB 14,587,408,613.66, driven by increased sales in the grain and oil sector[34] - The company reported cash inflow from sales of goods and services of CNY 230,661,365.00 in 2019, down from CNY 330,479,718.07 in 2018, reflecting a decline of about 30.2%[68] - Cash flow from operating activities in the first three quarters of 2019 was CNY 14,587,408,613.66, significantly higher than CNY 8,049,620,659.12 in the same period of 2018, representing an increase of 81.5%[66] - Cash flow from operating activities totaled CNY 344,434,012.17 in 2019, a decrease of approximately 83.8% compared to CNY 2,124,279,858.75 in 2018[68] - The company’s cash flow from investing activities in the first three quarters of 2019 was CNY 128,958,778,353.66, compared to CNY 83,459,567,636.88 in the same period of 2018, showing a growth of 54.5%[66] - The net cash flow from financing activities was CNY 515,466,804.54 in 2019, contrasting with a net outflow of CNY 683,640,848.65 in the previous year, marking a turnaround[71] Assets and Liabilities - Total assets decreased by 3.82% to CNY 47.62 billion compared to the end of the previous year[18] - The company's long-term borrowings decreased by 38.82% to RMB 4,304,490,000.00, mainly due to the reclassification of borrowings due within one year[34] - The company's current liabilities totaled approximately 18.96 billion yuan, an increase from 18.28 billion yuan at the end of 2018[46] - The total liabilities as of September 30, 2019, were ¥11,051,312,343.98, compared to ¥10,401,511,381.94 at the end of 2018, an increase of 6.2%[53] - The company reported a total liability of approximately ¥28.56 billion, unchanged from the previous period[78] - Total assets amounted to approximately ¥49.51 billion, a decrease of ¥46.86 million compared to the previous period[76] Shareholder Information - The total number of shareholders reached 89,443 by the end of the reporting period[21] - Major shareholders include Tibet Dongfang Runlan Investment Co., Ltd. with a 16.39% stake and Dongfang Group Co., Ltd. with a 13.27% stake[21] Government Support - The company received government subsidies amounting to CNY 7.52 million year-to-date, which are closely related to normal business operations[21] Legal Matters - The company has initiated legal proceedings against relevant shareholders for performance compensation obligations, with the case accepted by the court[38] - The company has fully released its guarantee responsibilities for Jiuniu Agricultural following the completion of the share transfer[38] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[52] - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[62]