Topsec(SZ:002212)2023-04-28 16:00Revenue and Profitability - Total operating revenue for Q1 2023 was CNY 468,507,963.66, an increase of 23.83% compared to CNY 378,417,242.54 in Q1 2022[12] - The company reported a net loss of CNY 91,281,850.48 for Q1 2023, which is a 40.98% increase in loss compared to CNY 64,746,809.60 in Q1 2022[34] - Net profit attributable to shareholders of the listed company was -¥91,251,895.53, a decrease of 40.96% compared to the same period last year[58] - The net profit after deducting non-recurring gains and losses was -¥96,818,988.95, a decline of 35.65% year-on-year[58] - The total profit for the current period is -¥151,865,997.92, compared to -¥98,011,399.56 in the previous period, reflecting a worsening financial performance[67] - The operating profit for the current period is -¥151,879,235.88, compared to -¥98,279,084.76 in the previous period, indicating a decline in operational efficiency[67] Costs and Expenses - Total operating costs for Q1 2023 were CNY 695,846,183.49, up 23.36% from CNY 564,024,045.76 in the same period last year[12] - Operating costs increased by 110.20% to CNY 257,390,239.69 from CNY 122,449,471.87 year-on-year[34] - The company reported a decrease in total expenses by 0.74%, with the expense ratio dropping by 22.97 percentage points[57] - The company’s financial expenses increased by 122.35% to CNY 158,297.24, compared to a negative CNY 708,328.73 in the previous period[34] Cash Flow and Investments - The company reported a net cash outflow from investment activities of CNY 118,633,957.26, compared to a net inflow of CNY 480,053,365.68 in Q1 2022[15] - Cash and cash equivalents at the end of Q1 2023 were CNY 730,544,679.39, down from CNY 997,352,210.46 at the beginning of the year[15] - Cash flow from operating activities shows a net outflow of -¥50,383,940.19, an improvement from -¥272,460,710.75 in the previous period[69] - The total cash inflow from operating activities is ¥766,438,000.01, down from ¥947,818,265.12 in the previous period[69] - The cash outflow for purchasing goods and services is ¥306,428,529.15, significantly reduced from ¥668,862,064.49 in the previous period[69] - The company reported a decrease in investment cash inflow, with no cash received from investment activities in the current period compared to ¥611,251,500.00 in the previous period[69] Assets and Liabilities - The company’s total liabilities decreased slightly from CNY 2,205,033,949.19 at the beginning of the year to CNY 2,154,819,674.48 by the end of Q1 2023[11] - Total assets amounted to CNY 11,887,015,125.44, a decrease of 0.82% from CNY 11,985,841,800.54 in the previous period[27] - The total equity attributable to shareholders of the parent company was CNY 9,730,102,284.64, down from CNY 9,778,684,730.08[28] - The company’s capital reserve increased to CNY 6,470,625,282.13 from CNY 6,446,264,952.04 at the beginning of the year[11] - The company’s goodwill remained stable at CNY 4,587,904,498.90[27] Shareholder Information - The number of common shareholders at the end of the reporting period was 37,476, with the largest shareholder holding 7.12%[24] Government Support and Other Income - The company received government subsidies amounting to CNY 2,533,620.63 during the reporting period[4] - The company’s other income increased by 43.23% to CNY 70,131,483.09, compared to CNY 48,965,731.78 in the previous period[34] Research and Development - The company’s research and development expenses for Q1 2023 were CNY 173,434,428.96, a decrease of 14.69% from CNY 203,373,721.15 in Q1 2022[12] Accounts Receivable and Deferred Tax - The accounts receivable increased by 265.47% to CNY 12,498,391.50 compared to CNY 3,419,813.93 at the end of 2022[22] - Deferred tax assets rose significantly by 85.76% to CNY 129,283,272.17, compared to CNY 69,595,241.10 in the previous period[34]