OXGF(SZ:300082)2023-04-24 16:00Financial Performance - The company's revenue for Q1 2023 was ¥937,379,889.10, a decrease of 30.03% compared to ¥1,339,641,333.20 in the same period last year[4] - The net profit attributable to shareholders was -¥60,293,953.02, representing a decline of 160.46% from ¥99,723,888.74 year-on-year[4] - Net profit for the current period is a loss of ¥56,406,385.03, compared to a profit of ¥103,949,302.48 in the previous period, indicating a significant decline[27] - Basic and diluted earnings per share for the current period are both -¥0.09, compared to ¥0.15 in the previous period[27] Cash Flow - The net cash flow from operating activities improved by 60.30%, amounting to -¥61,570,119.46 compared to -¥155,105,627.53 in the previous year[4] - Cash inflow from operating activities totals ¥1,003,309,319.61, down from ¥1,365,138,606.30 in the previous period, representing a decrease of approximately 26.5%[29] - The net cash flow from operating activities was -61,570,119.46 CNY, compared to -155,105,627.53 CNY in the previous year, indicating an improvement[30] - Cash outflow from operating activities totaled 1,064,879,439.07 CNY, compared to 1,520,244,233.83 CNY in the previous year, indicating a reduction[30] Assets and Liabilities - The total assets decreased by 7.79% to ¥5,916,425,677.92 from ¥6,416,452,608.88 at the end of the previous year[4] - The company's current assets decreased to CNY 2,226,595,305.97 from CNY 2,720,910,604.23, reflecting a decline of approximately 18.2%[20] - The total liabilities decreased to CNY 2,264,002,690.44 from CNY 2,708,455,651.15, indicating a decline of around 16.4%[20] - The total liabilities amount to ¥2,477,256,794.06, a decrease from ¥2,922,955,322.58 in the previous period[23] Equity - The company’s weighted average return on equity was -1.87%, down from 2.85% in the previous year[4] - Total equity attributable to shareholders of the parent company is ¥3,187,672,463.47, down from ¥3,246,157,096.43[23] Investment and Expenses - The company reported a decrease in investment income by ¥25,586,300.00, primarily due to reduced earnings from joint ventures[9] - Research and development expenses for the current period are ¥13,322,890.81, slightly down from ¥14,345,737.07 in the previous period[26] - Financial expenses increased to ¥11,302,377.65 from ¥10,418,249.53, marking an increase of about 8.5%[26] Inventory and Receivables - The inventory increased to CNY 416,756,888.94 from CNY 331,577,861.06, representing a growth of about 25.7%[20] - The accounts receivable increased to CNY 326,317,830.53 from CNY 284,121,981.15, reflecting a growth of approximately 14.9%[19] Other Financial Metrics - The gross profit margin dropped by 11.27 percentage points, leading to a gross profit reduction of ¥15,020,480.00[9] - The company experienced a 49.93% increase in contract liabilities, amounting to an increase of ¥29,247,500.00 due to higher prepayments received[8] - The company reported a decrease in other current liabilities by 45.82%, amounting to a reduction of ¥350,990,900.00, mainly due to a decrease in discounted bills[8]