DALI TECH(002214)2023-04-28 16:00Financial Performance - The company's revenue for Q1 2023 was ¥40,687,002.25, a decrease of 71.12% compared to ¥140,896,832.11 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥46,162,375.44, representing a decline of 672.03% from a profit of ¥8,069,874.78 in the previous year[3]. - The company reported an operating loss of ¥67,141,896.73 for Q1 2023, compared to an operating profit of ¥6,607,912.82 in Q1 2022[25]. - The total profit for Q1 2023 was -67,169,830.77 CNY, compared to a profit of 6,601,333.40 CNY in the same period last year[26]. - The net profit for Q1 2023 was -49,065,866.59 CNY, while the previous year reported a net profit of 5,070,641.43 CNY[26]. - Basic and diluted earnings per share for Q1 2023 were both -0.0770 CNY, compared to 0.0135 CNY in Q1 2022[26]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 8.63%, amounting to -¥82,544,634.22 compared to -¥90,337,910.09 in the previous year[3][9]. - The net cash flow from operating activities for Q1 2023 was -82,544,634.22 CNY, compared to -90,337,910.09 CNY in Q1 2022[30]. - Cash and cash equivalents decreased to ¥387,076,083.04 from ¥500,722,932.61 at the beginning of the year, a decline of 22.6%[22]. - Cash and cash equivalents at the end of Q1 2023 totaled 260,131,168.99 CNY, down from 578,524,999.30 CNY at the end of Q1 2022[30]. - The total cash outflow from operating activities was 150,371,477.23 CNY, compared to 159,736,433.76 CNY in the same period last year[30]. - The net cash flow from financing activities increased by 127.89%, amounting to ¥63,573,000 due to new bank loans[11]. - The net cash flow from financing activities was 13,864,083.18 CNY, a significant improvement from -49,708,868.20 CNY in the previous year[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,700,914,932.84, down 2.59% from ¥2,772,845,720.19 at the end of the previous year[3]. - Current liabilities decreased to ¥347,342,254.68 from ¥401,984,439.05, a decline of 13.5%[23]. - Long-term borrowings increased to ¥78,083,783.33 from ¥48,528,200.00, reflecting a rise of 60.8%[23]. - The company's retained earnings decreased to ¥611,985,086.12 from ¥658,147,461.56, a reduction of 7%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 30,644[13]. - The top shareholder, Pang Huimin, holds 26.73% of shares, totaling 160,159,085 shares, with 63,800,000 shares pledged[13]. - The company repurchased a total of 3,605,700 shares, accounting for 0.60% of the total share capital, with a total transaction amount of 50,598,294.18 RMB[17]. - The maximum repurchase price was 15.99 RMB per share, while the minimum was 12.52 RMB per share[17]. - The company has a plan to repurchase shares with a total fund of no less than 50 million RMB and no more than 100 million RMB, with a maximum price of 25 RMB per share[15]. - The company’s top ten shareholders include various entities, with the largest being a natural person[13]. - The company did not report any new product developments or market expansions during the quarter[31]. Operational Highlights - The company received government subsidies totaling ¥3,929,263.19, which were closely related to its normal business operations[4]. - The company experienced a 100% decrease in investment income, amounting to ¥0, as there were no returns from investment products this period[7][8]. - Total operating costs for Q1 2023 amounted to ¥96,635,245.95, down from ¥135,318,207.97 in the previous year, reflecting a reduction of approximately 29%[25]. - The company reported cash inflow from sales of goods and services of 61,351,748.86 CNY, a decrease from 64,984,407.68 CNY in the previous year[28]. - The company incurred a total of 42,259,705.35 CNY in cash outflows for investment activities in Q1 2023, compared to 20,401,662.86 CNY in Q1 2022[30].