Etrol(300370)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥54,063,735.48, a decrease of 27.33% compared to ¥74,392,932.79 in the same period last year[3]. - The net profit attributable to shareholders was -¥67,173,948.38, showing a slight improvement of 0.33% from -¥67,397,460.76 year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses improved by 51.48%, amounting to -¥32,734,187.35 compared to -¥67,461,780.65 in the previous year[3]. - The net cash flow from operating activities was -¥25,285,958.49, a significant decline of 384.03% from -¥5,224,094.13 in the same period last year[3]. - Total operating revenue for Q1 2023 was CNY 54,063,735.48, a decrease of 27.3% compared to CNY 74,392,932.79 in the same period last year[23]. - Net loss for Q1 2023 was CNY 71,047,666.44, slightly improved from a net loss of CNY 71,466,130.10 in Q1 2022[24]. - The total comprehensive income attributable to the parent company was -67,147,196.25 CNY, compared to -67,399,015.11 CNY in the previous period, showing a slight improvement[25]. - The basic and diluted earnings per share were both -0.0426 CNY, an improvement from -0.0704 CNY in the previous period[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,508,161,548.97, down 21.64% from ¥1,924,557,833.49 at the end of the previous year[3]. - Total liabilities decreased to CNY 718,550,753.84 from CNY 1,061,901,735.12, a reduction of 32.3%[21]. - The company’s total equity decreased to CNY 789,610,795.13 from CNY 862,656,098.37, a decline of 8.4%[21]. Cash Flow - Cash and cash equivalents decreased by 31.02% to ¥123,326,735.16, primarily due to debt repayment[8]. - Cash inflows from operating activities amounted to 184,832,947.76 CNY, up from 172,584,214.16 CNY in the previous period, indicating a growth of approximately 11.5%[27]. - Cash outflows from operating activities totaled 210,118,906.25 CNY, compared to 177,808,308.29 CNY in the previous period, representing an increase of about 18.2%[28]. - The net cash flow from investing activities was 5,884,538.67 CNY, recovering from -2,021,269.80 CNY in the previous period[28]. - Cash inflows from financing activities were 35,160,515.77 CNY, significantly higher than 1,127,087.07 CNY in the previous period[29]. - The net cash flow from financing activities was -41,984,356.93 CNY, compared to -15,513,457.18 CNY in the previous period, indicating a deterioration[29]. - The ending cash and cash equivalents balance was 123,317,946.04 CNY, up from 38,635,821.14 CNY in the previous period[29]. Shareholder Information - The company had a total of 25,800 common shareholders at the end of the reporting period[10]. - The total number of shares held by the top 10 unrestricted shareholders amounts to 453,703,004 shares[16]. - The largest unrestricted shareholder, Yu Ling, holds 121,471,126 shares, representing approximately 26.8% of the total[12]. - The second-largest shareholder, Shenzhen High-tech Investment Group, holds 88,385,838 shares, accounting for about 19.5%[12]. - The report highlights that the top 10 shareholders are not known to have any related party relationships or act in concert[12]. Restricted Shares - The company has a total of 236,628,960 restricted shares, which are set to be released on December 20, 2025[14]. - The company has a total of 65,000,000 restricted shares that will be released on December 20, 2023[15]. - The financial report indicates that there were no changes in the number of restricted shares during the reporting period[15]. Operational Insights - The report does not indicate any new product launches or technological advancements during the first quarter of 2023[17]. - There is no mention of market expansion or mergers and acquisitions in the current report[17]. - The company has not provided specific future guidance or performance outlook for the upcoming quarters[17]. Financial Expenses - The company reported a significant reduction in financial expenses by 75.46%, totaling ¥10,831,227.28, due to debt restructuring and repayment[9]. Research and Development - Research and development expenses for Q1 2023 were CNY 6,025,318.07, slightly down from CNY 6,279,327.13 in the previous year[24]. Audit Status - The report for the first quarter was not audited[30].