Financial Performance - The company's operating revenue for Q1 2023 was RMB 274,718,604.19, representing a decrease of 1.80% compared to the same period last year[22]. - The net profit attributable to shareholders of the listed company was a loss of RMB 15,756,292.00, with a net profit excluding non-recurring gains and losses of RMB 16,521,253.96[22]. - The net profit attributable to shareholders of the listed company decreased due to increased expenses and reduced investment income compared to the same period last year[28]. - Net profit for Q1 2023 was a loss of RMB 19,433,572.47, compared to a loss of RMB 2,935,092.73 in Q1 2022, representing a significant increase in losses[5]. - Operating profit for Q1 2023 was a loss of RMB 16,577,876.70, compared to a loss of RMB 2,408,616.70 in Q1 2022[5]. - The total comprehensive income for Q1 2023 was -20,094,928.64, compared to -2,935,092.73 in Q1 2022, indicating a significant decline[70]. - The total comprehensive income attributable to the parent company was -16,354,966.61 in Q1 2023, compared to -1,250,153.46 in Q1 2022[70]. Cash Flow and Liquidity - The net cash flow from operating activities was RMB 3,749,806.01[22]. - The net cash flow from operating activities for Q1 2023 was 3,749,806.01, a recovery from -42,316,254.26 in Q1 2022[72]. - The company reported a cash and cash equivalents balance of RMB 236,956,066.00 at the end of Q1 2023, compared to RMB 87,878,037.06 at the end of Q1 2022, showing a significant increase[57]. - The total cash outflow from operating activities was 255,238,529.92 in Q1 2023, down from 296,936,183.21 in Q1 2022[78]. - The net increase in cash and cash equivalents was -26,846,133.98 for Q1 2023, compared to -17,898,726.66 in Q1 2022[75]. - Cash inflows from financing activities included 17,813,460.00 from borrowings and 23,207,700.00 from other financing activities[73]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 2,499,900,848.67, an increase of 2.68% from the end of the previous year[22]. - The total current liabilities amounted to RMB 649,537,017.92, an increase from RMB 619,685,045.65 in the previous year[20]. - The total liabilities as of March 31, 2023, were RMB 1,107,099,728.17, compared to RMB 1,028,107,632.72 as of the same date in 2022, reflecting an increase in liabilities[64]. - The total liabilities and shareholders' equity as of March 31, 2023, was ¥2,499,900,848.67, compared to ¥2,434,589,099.53 as of December 31, 2022[41]. Operational Costs and Expenses - The operating costs for the reporting period were ¥286,863,753.87, slightly down from ¥287,807,611.09 in the previous period[43]. - Research and development expenses increased significantly to ¥14,927,932.28 from ¥7,830,234.46 in the previous period, indicating a focus on innovation[43]. - The company incurred credit impairment losses of RMB 325,089.90 in Q1 2023, with no such losses reported in Q1 2022[5]. - The total amount of government subsidies recognized in the current period was ¥634,264.06, which is closely related to the company's normal business operations[24]. Shareholder Information - The number of common shareholders at the end of the reporting period was 49,807[12]. - The weighted average return on net assets was -1.50%, a decrease of 1.26 percentage points compared to the previous year[22]. - The total equity attributable to shareholders of the listed company decreased by 1.23% to RMB 1,059,114,069.92[8]. - The minority shareholders' equity impact (after tax) was ¥520,734.70, reflecting the company's financial performance[25]. Future Plans - The company plans to proceed with a non-public offering of shares as part of its strategic development plan, with announcements to follow[34]. - The company plans to implement a restricted stock incentive plan to attract and retain talent, which was approved in March 2023[60].
京城机电股份(00187) - 2023 Q1 - 季度业绩