OGI(SH:600811)2024-02-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,941,752,863.03, a decrease of 23.38% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 96,537,371.11, an increase of 725.67% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was CNY 60,454,575.19, up 57.52% from the previous year[3]. - Basic earnings per share were CNY 0.0264, reflecting a 725.00% increase year-on-year[3]. - Total operating revenue for Q1 2023 was approximately ¥1.94 billion, a decrease of 23.5% compared to ¥2.54 billion in Q1 2022[15]. - Net profit for Q1 2023 was approximately ¥78.59 million, a significant recovery from a net loss of ¥20.45 million in Q1 2022[16]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.0264, compared to ¥0.0032 in Q1 2022[17]. - The company reported a total comprehensive income of approximately ¥111.55 million in Q1 2023, compared to a loss of ¥66.68 million in Q1 2022[17]. Cash Flow - The net cash flow from operating activities was CNY 73,076,617.14, down 27.63% compared to the same period last year[3]. - Cash flow from operating activities in Q1 2023 was approximately ¥73.08 million, down from ¥100.98 million in Q1 2022[19]. - Cash inflow from investment activities in Q1 2023 was approximately ¥1.71 billion, compared to ¥3.60 billion in Q1 2022[19]. - Cash outflow from investment activities in Q1 2023 was approximately ¥1.14 billion, a decrease from ¥3.39 billion in Q1 2022[19]. - Cash inflow from financing activities totaled $3,930,727,233.11, a decrease of 8.6% from $4,302,507,547.76 in the previous year[20]. - Cash outflow from financing activities amounted to $4,272,240,523.76, down 15.4% from $5,049,220,950.79 year-over-year[20]. - Net cash flow from financing activities was -$341,513,290.65, an improvement from -$746,713,403.03 in the same period last year[20]. - The net increase in cash and cash equivalents was $303,515,051.06, compared to a decrease of $436,447,066.86 in the previous year[20]. - The ending balance of cash and cash equivalents was $3,147,152,228.35, slightly up from $3,126,363,426.83 year-over-year[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 41,633,286,225.13, a decrease of 1.41% from the end of the previous year[3]. - The company's total liabilities were reported at CNY 23,315,186,040.00, down from CNY 23,984,403,378.81 in the previous year[13]. - Current assets totaled CNY 17,205,437,463.52, a decline from CNY 18,063,588,031.08 as of December 31, 2022[11]. - Cash and cash equivalents were CNY 4,725,039,108.26, compared to CNY 4,801,975,664.98 at the end of 2022[11]. - The company's inventory stood at CNY 7,146,468,484.00, slightly down from CNY 7,171,094,723.24[11]. - Long-term equity investments increased to CNY 17,350,099,348.24 from CNY 17,061,081,798.94[11]. - The total owner's equity was CNY 18,318,100,185.13, a slight increase from CNY 18,245,903,158.11[13]. - The company reported a decrease in short-term borrowings to CNY 9,769,237,440.69 from CNY 10,181,926,725.60[12]. - The total liabilities to equity ratio is approximately 1.27, indicating a stable leverage position[13]. Non-Recurring Items - Non-recurring gains and losses totaled CNY 36,082,795.92, with significant contributions from asset disposals and government subsidies[4]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 112,842[7]. Market Activity - The company has not reported any significant new product developments or market expansions during this quarter[9].