OIE(600278)2025-04-28 09:05Financial Performance - The company's operating revenue for Q1 2025 was ¥8,444,109,048.25, a decrease of 3.44% compared to ¥8,745,377,334.44 in the same period last year[4] - The net profit attributable to shareholders was ¥55,628,692.40, down 7.75% from ¥60,303,863.17 year-on-year[4] - The basic earnings per share decreased by 14.29% to ¥0.06 from ¥0.07 in the previous year[4] - The net profit for Q1 2025 was ¥68,567,384.43, a decrease of 11.7% compared to ¥77,590,780.66 in Q1 2024[19] - Operating profit for Q1 2025 was ¥88,734,367.15, down 14.1% from ¥103,225,949.85 in Q1 2024[19] - The company reported a net profit margin of approximately 1.00% for Q1 2025, consistent with the previous year[18] - The total comprehensive income for Q1 2025 was -¥15,149,791.56, contrasting with a positive comprehensive income of ¥23,179,690.21 in Q1 2024[20] - Basic and diluted earnings per share for Q1 2025 were both ¥0.06, down from ¥0.07 in Q1 2024[20] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at -¥547,843,703.91, a decline of 138.13% compared to -¥230,065,532.09 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥547,843,703.91, compared to -¥230,065,532.09 in Q1 2024[23] - Cash and cash equivalents at the end of Q1 2025 were ¥4,107,142,296.82, a decrease from ¥4,722,096,665.29 at the end of Q1 2024[24] Assets and Liabilities - Total assets increased by 2.02% to ¥19,196,412,487.64 from ¥18,817,176,154.78 at the end of the previous year[5] - Current assets increased to ¥15,041,247,023.31 as of March 31, 2025, compared to ¥14,521,072,949.39 at the end of 2024, reflecting a growth of 3.58%[13] - Total liabilities increased to ¥11,308,835,159.29 as of March 31, 2025, compared to ¥10,910,775,392.16 at the end of 2024, marking a rise of 3.65%[14] - Shareholders' equity decreased slightly to ¥7,887,577,328.35 as of March 31, 2025, from ¥7,906,400,762.62 at the end of 2024, a decline of 0.24%[15] - The total assets reached ¥19,196,412,487.64 as of March 31, 2025, an increase from ¥18,817,176,154.78 at the end of 2024, representing a growth of 2.01%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,531[8] - The largest shareholder, Oriental International (Group) Co., Ltd., held 48.68% of the shares[8] - The company completed the repurchase and cancellation of 626,828 restricted shares, reducing the total share capital from 877,770,565 shares to 877,143,737 shares[10] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥8,361,230,097.27, down 3.34% from ¥8,649,561,657.63 in Q1 2024[18] - The company’s total operating expenses decreased to ¥165,481,513.76 in Q1 2025 from ¥189,715,059.53 in Q1 2024, a reduction of 12.8%[19] - The company reported a decrease in research and development expenses to ¥1,225,469.79 in Q1 2025 from ¥809,727.57 in Q1 2024, indicating a 51.4% increase[19] - The company’s financial expenses turned positive in Q1 2025, reporting ¥29,189,950.31 compared to a negative financial expense of -¥36,795,245.99 in Q1 2024[19] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[18] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥1,084,359.90 for the period[6] Inventory - Inventory rose significantly to ¥2,275,289,393.67 in Q1 2025, up 35.32% from ¥1,681,212,651.67 in Q4 2024[13] Investments - Long-term investments increased to ¥248,176,899.37 as of March 31, 2025, compared to ¥244,329,929.25 at the end of 2024, reflecting a growth of 1.16%[13]