Financial Performance - Operating revenue for Q1 2023 was CNY 8,719,055.53, a decline of 75.27% year-on-year[10] - Net profit attributable to shareholders was a loss of CNY 6,474,531.77, representing a decrease of 192.44% compared to the same period last year[10] - Basic earnings per share dropped by 168.87% to -0.09 CNY per share[11] - Total operating revenue for Q1 2023 was CNY 8,719,055.53, a decrease of 75.7% compared to CNY 35,263,506.70 in Q1 2022[35] - Net profit for Q1 2023 was a loss of CNY 6,474,531.77, compared to a profit of CNY 7,004,190.52 in Q1 2022, indicating a significant decline in profitability[36] - The company's basic and diluted earnings per share for Q1 2023 were both CNY -0.09, compared to CNY 0.13 in Q1 2022[37] Assets and Liabilities - Total assets decreased by 5.93% to CNY 388,566,708.22 compared to the end of last year[10] - The company's total assets decreased to CNY 388,566,708.22 in Q1 2023 from CNY 413,061,655.29 in Q1 2022, a reduction of 5.9%[33] - The total assets as of March 31, 2023, amounted to CNY 369,731,878.37, a decrease from CNY 394,157,931.25 as of December 31, 2022, reflecting a decline of approximately 6.2%[31] - Total liabilities decreased to CNY 77,960,640.53 in Q1 2023 from CNY 95,981,055.84 in Q1 2022, a decline of 18.8%[33] - The company's asset-liability ratio decreased to 20.06% from 23.24% at the end of the previous year[10] Cash Flow - The net cash flow from operating activities improved by 23.06% to -CNY 18,890,988.40 compared to the previous year[10] - The company's cash flow from operating activities in Q1 2023 was CNY 25,902,199.12, compared to CNY 22,022,009.81 in Q1 2022, an increase of 17.5%[39] - The net cash flow from operating activities for Q1 2023 was -18,890,988.40, an improvement from -24,558,341.44 in Q1 2022, indicating a reduction in cash outflow[40] - Total cash inflow from investment activities was 80,261,208.89, while cash outflow was 91,291,720.00, resulting in a net cash flow of -11,030,511.11 for investment activities[40] - The ending cash and cash equivalents balance for Q1 2023 was 165,654,171.64, down from 195,575,671.15 at the beginning of the quarter[41] - The net increase in cash and cash equivalents for the quarter was -29,921,499.51, compared to -24,835,533.44 in the previous year, indicating a worsening cash position[41] Shareholder Information - The number of ordinary shareholders was 13,121 at the end of the reporting period[17] - The company reported a total of 56,837,741 shares outstanding, with a significant increase of 76.91% compared to the previous period[19] Operational Insights - The company plans to strengthen project acquisition efforts and improve project execution and acceptance processes[12] - The company reported sufficient orders on hand, indicating potential stability in future revenue[12] - There were no significant new product developments or market expansions reported in this quarter[22] Expenses - Total operating costs for Q1 2023 were CNY 15,856,867.24, down from CNY 29,770,095.80 in Q1 2022, representing a 46.8% reduction[35] - Research and development expenses for Q1 2023 were CNY 4,127,677.11, up from CNY 2,827,500.12 in Q1 2022, reflecting a 46% increase[36] - The company reported a significant increase in management expenses, which rose to CNY 4,591,598.19 in Q1 2023 from CNY 3,344,848.61 in Q1 2022, an increase of 37.3%[36] Other Financial Obligations - The company has a frozen performance guarantee deposit of CNY 1,426,418.80 due to project obligations[27] - The company executed a court ruling to pay CNY 261,271.00 plus interest of CNY 4,988.00 related to a service contract dispute[24] - The company has no outstanding external guarantees or loans during the reporting period[22] - The company has fulfilled all previously disclosed commitments without any violations during the reporting period[26] - Cash paid to employees increased to 17,292,304.68 from 15,352,637.92 year-over-year, reflecting a 12.6% increase in employee-related expenses[40] - The cash paid for purchasing goods and services was 23,359,036.55, down from 26,178,891.69, showing a 10.9% reduction in cash outflow for purchases[40]
天润科技(430564) - 2023 Q1 - 季度财报