久其软件(002279) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥415,680,568.57, a decrease of 29.44% compared to ¥589,102,366.82 in the same period last year[4] - The net profit attributable to shareholders was -¥81,944,910.69, compared to -¥24,894,329.77 in the previous year, indicating a significant loss[4] - The basic earnings per share for Q1 2023 was -¥0.0946, down from -¥0.0350 in the same period last year[5] - The company reported a net loss of CNY 259,922,288.14 for the period, compared to a loss of CNY 177,977,377.45 in the previous period[21] - Operating profit for Q1 2023 was -94,411,500.70 CNY, a decline from -30,593,793.72 CNY in the same period last year, indicating a worsening operational performance[23] - The total comprehensive income for Q1 2023 was -91,721,080.64 CNY, compared to -30,571,064.69 CNY in the same period last year, indicating a worsening overall financial position[23] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,504,362,600.34, a decrease of 9.63% from ¥2,766,240,446.84 at the end of the previous year[5] - Total liabilities decreased to CNY 765,321,547.74, down 18.8% from CNY 941,869,447.24[20] - The company's cash and cash equivalents decreased to CNY 519,745,068.52 from CNY 754,885,923.50, a decline of 31.1%[20] - The company’s equity attributable to shareholders decreased by 4.41% to ¥1,676,584,786.99 from ¥1,753,343,888.67 at the end of the previous year[5] Cash Flow - The company reported a net cash flow from operating activities of -¥161,897,568.20, showing a slight improvement from -¥191,768,915.77 in the previous year[4] - The net cash flow from operating activities was -161,897,568.20 CNY, an improvement from -191,768,915.77 CNY in the previous year, showing a reduction in cash outflow[25] - Investment activities resulted in a net cash outflow of -64,266,062.06 CNY, compared to -61,809,768.89 CNY in Q1 2022, indicating a slight increase in investment expenditures[25] - The cash and cash equivalents at the end of Q1 2023 stood at 509,433,330.23 CNY, up from 420,769,471.98 CNY at the end of Q1 2022, marking an increase of approximately 21%[25] Expenses - Total operating costs amounted to CNY 519,732,890.31, down 16.9% from CNY 624,939,940.62 year-on-year[22] - Research and development expenses increased to CNY 73,481,266.80, representing a rise of 16.7% compared to CNY 62,904,611.99 in the previous period[22] - Sales expenses increased by 36.14% to ¥21,452,800, primarily due to increased market expansion efforts and hiring more sales personnel[10] Shareholder Information - The total number of common shareholders at the end of the reporting period is 138,191[12] - The largest shareholder, Beijing Jiuxi Technology Investment Co., Ltd., holds 11.24% of shares, totaling 97,301,009 shares[12] - The company’s major shareholders include Zhao Fujun with 9.04% and Chong Taixiang with 5.49%[12] Legal and Regulatory Matters - The company is involved in an administrative lawsuit seeking the return of 48,146,520.25 RMB in taxes paid due to alleged fraud by a third party[13] - The company has not yet received the court's ruling regarding the administrative lawsuit as of the report date[13] Strategic Initiatives - The company plans to continue focusing on market expansion and product development to improve future performance[10] - The company is actively pursuing strategies to enhance its capital market presence and support its subsidiaries' growth[15] - The company has completed the necessary procedures for stock incentive plans and is focused on leveraging capital markets for development[14] - Subsidiary Huaxia Diantong has completed the registration of stock incentive and directed issuance, following approvals from its board and shareholders[14] - Huaxia Diantong has submitted materials for public stock issuance and listing on the Beijing Stock Exchange, with the application officially accepted on April 20, 2023[15] - As of March 31, 2023, the company is in the process of expanding its market presence through its subsidiary's public offering[16]