OIE(600278)2024-04-29 07:38Financial Performance - The company's operating revenue for Q1 2024 was ¥8,745,377,334.44, representing a decrease of 10.51% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was ¥60,303,863.17, down 27.56% year-on-year[5]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.07, reflecting a decrease of 22.22% year-on-year[5]. - Net profit for Q1 2024 was ¥77,590,780.66, a decline of 39.5% from ¥128,278,955.02 in Q1 2023[19]. - Total operating revenue for Q1 2024 was ¥8,745,377,334.44, a decrease of 10.5% compared to ¥9,772,530,190.72 in Q1 2023[17]. - Total operating costs for Q1 2024 were ¥8,649,561,656.63, down 10.5% from ¥9,665,421,317.94 in Q1 2023[17]. Cash Flow - The net cash flow from operating activities was -¥230,065,532.09, a decline of 113.47% compared to the previous year, indicating a decrease in order volume and received prepayments[5][6]. - Cash inflow from operating activities totaled ¥11,196,315,252.60, down from ¥12,032,048,046.55 in Q1 2023, representing a decrease of approximately 6.95%[24]. - The cash outflow from operating activities was ¥11,426,380,784.69, compared to ¥12,139,823,086.12 in Q1 2023, indicating a decrease of about 5.86%[24]. - The net cash flow from investing activities was -¥45,531,252.78, worsening from -¥23,317,220.49 in the previous year[24]. - Cash and cash equivalents at the end of the period were ¥4,722,096,665.29, down from ¥4,881,013,789.05 at the end of Q1 2023[25]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥17,137,198,989.66, a slight decrease of 0.04% from the end of the previous year[6]. - Total liabilities were ¥9,423,723,582.08, a decrease from ¥9,453,028,740.40 in the previous period[14]. - The company's total assets amounted to ¥17,137,198,989.66, slightly down from ¥17,143,324,457.77 in the previous period[15]. - The equity attributable to shareholders was ¥7,295,521,213.88, showing a marginal increase of 0.08% compared to the end of the previous year[6]. - The total equity attributable to shareholders increased to ¥7,295,521,213.88 from ¥7,289,628,441.16, a slight increase of 0.08%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 27,113[9]. - The largest shareholder, Oriental International (Group) Co., Ltd., held 48.39% of the shares, totaling 427,293,874 shares[9]. Expenses - The company reported a significant reduction in research and development expenses, which fell to ¥809,727.57 from ¥2,272,823.83, a decrease of 64.4%[17]. - The company’s financial expenses improved, showing a net financial income of ¥36,795,245.99 compared to an expense of ¥7,760,683.00 in the previous year[19]. Other Financial Metrics - The weighted average return on equity was 0.83%, a decrease of 0.34 percentage points compared to the end of the previous year[6]. - Non-recurring gains and losses for the period totaled ¥1,448,247.67, primarily from government subsidies and asset disposals[7]. - The company reported a decrease in cash received from sales of goods and services, totaling ¥9,690,566,549.28, compared to ¥10,343,019,588.02 in Q1 2023[23]. - The company’s total cash inflow from investment activities was ¥2,624,223,213.69, down from ¥2,860,160,158.98 in the same quarter last year[24]. - The company’s total cash outflow from investment activities was ¥2,669,754,466.47, compared to ¥2,883,477,379.47 in Q1 2023, reflecting a decrease of approximately 7.41%[24].