ECC(600850)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥207,873,470.47, an increase of 6.6% compared to ¥194,491,949.21 in Q1 2022[15] - The net profit for Q1 2023 was ¥671,158.32, a decrease of 90.4% from ¥6,973,868.69 in Q1 2022[15] - The company's operating revenue for Q1 2023 was approximately ¥1.97 billion, representing a year-over-year increase of 10.10% compared to ¥1.78 billion in the same period last year[51] - Net profit for Q1 2023 was approximately ¥45.94 million, a decrease of 14.03% from ¥65.89 million in the previous year[51] - The net profit attributable to shareholders of the listed company was approximately ¥46.48 million, down 20.67% from ¥71.68 million year-over-year[51] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥45.93 million, reflecting a significant decrease of 34.80% compared to ¥70.49 million in the same period last year[51] - The total comprehensive income for Q1 2023 was not specified, but the company noted a significant decline in net profit[15] - The total comprehensive income for Q1 2023 was ¥41,996,618.29, compared to ¥39,200,896.31 in Q1 2022, reflecting an increase of 4.6%[86] Cash Flow and Investments - The company reported a net cash outflow from investing activities of ¥173,435.22 in Q1 2023, compared to an outflow of ¥101,347,758.95 in Q1 2022[17] - Financing activities generated a net cash inflow of ¥46,596,784.16 in Q1 2023, down from ¥69,721,524.66 in Q1 2022[17] - The company reported a cash inflow from operating activities of ¥268.30 million, slightly up from ¥265.20 million year-over-year[70] - Cash flow from operating activities showed a net outflow of ¥180.06 million, worsening from a net outflow of ¥101.25 million in the previous year[70] - The company reported a cash inflow from the disposal of fixed assets of ¥3,330.00 in Q1 2023, compared to ¥195,990.00 in Q1 2022[87] - The company’s cash outflow for the purchase of fixed assets in Q1 2023 was ¥30,916,781.48, significantly higher than ¥13,372,712.68 in Q1 2022, reflecting increased investment in long-term assets[87] Assets and Liabilities - The total liabilities as of Q1 2023 were ¥6,794,947,567.04, a slight decrease from ¥6,856,277,353.85 in the previous year[20] - Total assets at the end of the reporting period were approximately ¥10.38 billion, a decrease of 6.66% from ¥11.12 billion at the end of the previous year[52] - Total current assets decreased to ¥1,130.40 million from ¥1,271.80 million, a decline of 11.1% year-over-year[67] - Total liabilities increased to ¥6,450.37 million, remaining consistent with the previous year[73] - The total liabilities amounted to approximately 6.01 billion, a decrease from 6.79 billion in the previous year[84] - The total equity attributable to shareholders reached approximately 4.17 billion, compared to 4.12 billion in the previous year[84] Research and Development - Research and development expenses decreased to ¥7,357,133.09 in Q1 2023 from ¥10,971,106.51 in Q1 2022, reflecting a reduction of 32.5%[15] - Research and development expenses for Q1 2023 amounted to CNY 102,202,923.60, slightly down from CNY 105,252,948.78 in Q1 2022, indicating a decrease of approximately 2.4%[63] Strategic Focus and Future Guidance - The company plans to focus on market expansion and new product development in the upcoming quarters[15] - The financial report indicates a need for strategic adjustments to improve profitability moving forward[15] - The company is focusing on expanding its market presence and enhancing product development strategies[95] - Future guidance suggests a continued emphasis on strategic acquisitions and market expansion efforts[95] - The company is actively pursuing new technology developments to enhance operational efficiency[95]