QingCloud(688316)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥68,493,171.89, representing a decrease of 13.99% compared to the same period last year[5]. - The net loss attributable to shareholders for Q1 2023 was ¥46,215,031.97, with a basic and diluted earnings per share of -¥0.97[5][6]. - Total operating revenue for Q1 2023 was CNY 68,493,171.89, a decrease of 13.9% compared to CNY 79,630,486.86 in Q1 2022[18]. - Net loss for Q1 2023 was CNY 46,276,399.85, an improvement from a net loss of CNY 72,752,346.61 in Q1 2022[19]. - Basic and diluted earnings per share for Q1 2023 were both CNY -0.97, compared to CNY -1.52 in Q1 2022[20]. - The company reported a decrease in comprehensive income, totaling CNY -46,574,611.21 in Q1 2023 compared to CNY -73,033,358.52 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities was -¥38,421,282.62, indicating a negative cash flow situation[6]. - Cash inflow from operating activities in Q1 2023 was CNY 80,944,779.93, compared to CNY 140,238,229.47 in Q1 2022[21]. - The net cash flow from operating activities was -38,421,282.62, compared to -44,279,950.35 in the previous year, indicating an improvement[23]. - Cash inflow from investment activities totaled 50,758,054.08, significantly higher than 20,867,178.22 in the same period last year[23]. - The net cash flow from investment activities was 7,341,519.60, a recovery from -72,440,240.78 in the previous year[23]. - Cash inflow from financing activities was 48,669,320.00, up from 33,300,000.00 year-over-year[24]. - The net cash flow from financing activities improved to 13,440,026.03, compared to -10,238,930.00 in the previous year[24]. - The company experienced a net decrease in cash and cash equivalents of -17,849,643.27, compared to -127,014,453.23 in the previous year[24]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥554,136,648.74, down 7.69% from the end of the previous year[6]. - Current assets totaled RMB 320,669,530.60, down from RMB 355,357,520.96, indicating a decrease of about 9.75%[16]. - Cash and cash equivalents were RMB 165,663,002.93, compared to RMB 183,512,646.20 at the end of 2022, representing a decline of approximately 9.72%[15]. - Total liabilities as of Q1 2023 were CNY 268,331,420.77, slightly down from CNY 270,348,437.10 in Q1 2022[18]. - The total liabilities were not explicitly stated but can be inferred from the balance sheet, indicating a need for further analysis on leverage ratios[16]. Research and Development - The company's R&D investment totaled ¥23,958,202.76, a decrease of 40.01% year-on-year, with R&D expenses accounting for 34.98% of operating revenue, down 15.17 percentage points[6][9]. - Research and development expenses for Q1 2023 were CNY 23,958,202.76, a decrease of 40.1% from CNY 39,934,427.27 in Q1 2022[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 5,048[10]. - The largest shareholder, Huang Yunsong, held 14.14% of the shares, amounting to 6,709,835 shares[11]. - Total equity attributable to shareholders was CNY 285,282,526.92, down from CNY 329,370,890.38 in Q1 2022[18]. Strategic Focus - The company is focusing on cost reduction and efficiency improvement strategies to enhance its business structure and profitability[9]. - The company has not disclosed any new product launches or technological advancements in this quarter[14]. - There are no significant mergers or acquisitions reported during this period[14]. - The company has not provided specific future guidance or market expansion strategies in the current report[14].