Financial Performance - Operating revenue increased by 15.10% to CNY 7,083,416.29 for the first quarter of 2023 compared to the same period last year[12] - Net profit attributable to shareholders decreased by CNY 10,758,838.08, reflecting a decline due to tightened government fiscal budgets and increased bad debt provisions[13] - Net profit for Q1 2023 was a loss of ¥11,229,706.49, compared to a loss of ¥7,704,069.41 in Q1 2022, reflecting a deterioration in performance[36] - The company reported a net loss of ¥5,756,702.85 in Q1 2023, compared to a net loss of ¥3,177,978.43 in Q1 2022, indicating a significant increase in losses[40] - Operating profit for Q1 2023 was reported at -¥5,918,293.95, worsening from -¥3,047,254.21 in the same period last year[40] - The company’s total comprehensive loss for Q1 2023 was -¥5,756,702.85, compared to -¥3,177,978.43 in Q1 2022, indicating a worsening financial position[41] Assets and Liabilities - Total assets decreased by 5.67% to CNY 466,640,214.46 compared to the end of last year[12] - The company's total assets decreased to ¥468,987,921.53 in Q1 2023 from ¥493,011,400.02 in Q1 2022, a decline of approximately 4.9%[33] - Current assets totaled ¥354,551,939.33 as of March 31, 2023, down from ¥381,175,450.20 at the end of 2022, indicating a decrease of about 6.98%[27] - Total liabilities decreased to ¥105,555,009.25 in Q1 2023 from ¥123,821,784.89 in Q1 2022, a reduction of about 14.7%[33] - Total liabilities decreased to ¥109,883,795.11 from ¥126,716,719.02, representing a reduction of approximately 13.27%[29] - The company's total equity as of March 31, 2023, was ¥356,756,419.35, down from ¥367,986,125.84, indicating a decrease of approximately 3.56%[29] Cash Flow - The net cash flow from operating activities improved, with a reduction in outflow to CNY -18,302,991.75 from CNY -33,505,484.14 in the previous year[12] - The company experienced a net cash outflow from operating activities of -¥18,302,991.75 in Q1 2023, an improvement from -¥33,505,484.14 in Q1 2022[42] - Net cash flow from operating activities was -$9,731,060.41, an improvement from -$10,174,253.80 in the previous period[46] - Total cash outflow from operating activities was $43,252,473.89, slightly higher than $42,087,285.00 in the previous period[46] - The net increase in cash and cash equivalents was -$516,591.29, a notable improvement from -$39,788,422.64 in the prior period[46] Shareholder Information - The total number of shareholders holding more than 5% of shares is 10, with the largest shareholder holding 42.16%[20] - The basic earnings per share remained at CNY -0.11, unchanged from the previous year[12] - The company reported a basic and diluted earnings per share of -¥0.11 for Q1 2023, consistent with Q1 2022[37] Market Strategy - The company plans to expand into new markets to capture market share despite lower gross margins on some projects[13] Research and Development - Research and development expenses for Q1 2023 were ¥5,968,064.79, compared to ¥4,802,335.52 in Q1 2022, marking an increase of about 24.2%[36] - The company incurred research and development expenses of ¥1,476,380.07 in Q1 2023, compared to ¥1,282,379.89 in Q1 2022, marking an increase of approximately 15.1%[40]
志晟信息(832171) - 2023 Q1 - 季度财报