Financial Performance - The company's operating revenue for Q1 2023 was ¥48,373,299.34, a decrease of 50.16% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥38,633,719.32, reflecting a 65.56% decrease year-on-year[8]. - The net cash flow from operating activities was a negative ¥94,301,140.70, a significant decline of 2,912.25% compared to the previous year[8]. - Total revenue for Q1 2023 was 48,373,299.34 RMB, a decrease of 50.16% compared to 97,059,251.34 RMB in Q1 2022[21]. - Operating profit for Q1 2023 was -53,783,857.28 RMB, compared to -36,429,200.63 RMB in Q1 2022, indicating a worsening of 47.73%[22]. - The company reported a net loss of 54,755,339.30 RMB in Q1 2023, compared to a net loss of 36,467,693.39 RMB in Q1 2022, representing an increase in losses of 50.06%[22]. - The net loss for Q1 2023 was approximately ¥47.75 million, compared to a net loss of ¥35.53 million in Q1 2022, representing a 34.3% increase in losses year-over-year[23]. - Total comprehensive income for Q1 2023 was approximately ¥-47.75 million, slightly improved from ¥-50.41 million in Q1 2022[25]. - Basic and diluted earnings per share for Q1 2023 were both ¥-0.35, compared to ¥-0.23 in Q1 2022, indicating a decline in earnings per share[25]. Research and Development - Research and development expenses totaled ¥39,127,065.86, representing 80.89% of operating revenue, an increase of 46.07 percentage points year-on-year[9]. - Research and development expenses for Q1 2023 were 23,278,091.00 RMB, compared to 21,275,160.00 RMB in Q1 2022, an increase of 9.39%[21]. - The company is focusing on product research and technological innovation to maintain industry leadership despite the revenue decline[9]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,730,042,880.22, an increase of 25.17% from the end of the previous year[4]. - Current liabilities totaled 891,150,113.92 RMB as of March 31, 2023, an increase of 7.88% from 828,978,689.82 RMB on December 31, 2022[18]. - Non-current liabilities amounted to 219,104,808.35 RMB as of March 31, 2023, up from 205,442,777.21 RMB at the end of 2022, reflecting a growth of 6.06%[19]. - Total liabilities reached 1,110,254,922.27 RMB as of March 31, 2023, compared to 1,034,421,467.03 RMB at the end of 2022, marking an increase of 7.33%[19]. - The total assets of the company reached ¥4,730,042,880.22 as of March 31, 2023, compared to ¥3,778,976,563.77 at the end of 2022, indicating an increase of approximately 25.2%[17]. - The company has a long-term equity investment valued at ¥351,681,754.60, up from ¥333,849,340.97, reflecting an increase of approximately 5.3%[17]. - The total non-current assets amounted to ¥1,567,553,873.95, an increase from ¥1,517,942,803.93, representing a growth of about 3.3%[17]. Cash Flow - Cash inflow from operating activities in Q1 2023 was approximately ¥95.62 million, down from ¥214.12 million in Q1 2022, a decrease of 55.3%[26]. - Cash outflow from operating activities in Q1 2023 was approximately ¥189.92 million, compared to ¥217.25 million in Q1 2022, showing a reduction of 12.5%[27]. - Net cash flow from investing activities in Q1 2023 was approximately ¥-30.13 million, an improvement from ¥-210.88 million in Q1 2022[29]. - Cash inflow from financing activities in Q1 2023 was approximately ¥1.04 billion, significantly higher than ¥87.71 million in Q1 2022[30]. - The net increase in cash and cash equivalents for Q1 2023 was approximately ¥860 million, compared to a net decrease of ¥187 million in Q1 2022, indicating a significant improvement in liquidity[31]. - The ending balance of cash and cash equivalents as of Q1 2023 was approximately ¥1.48 billion, up from approximately ¥612 million in Q1 2022, reflecting a year-over-year increase of about 141%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,159, with 15,146 being A-share holders and 13 being H-share holders[12]. - The company reported a total of 18,295,590 shares held by HKSCC Nominees Limited, representing 15.48% of the total shares[12]. Government Support - The company received government subsidies amounting to ¥5,791,032.24 during the reporting period[6]. Accounting and Standards - The company adopted new accounting standards effective January 1, 2023, which may impact future financial reporting[31]. - The company is focused on enhancing its financial position and liquidity through strategic adjustments in its accounting practices and asset management[31].
亿华通(02402) - 2023 Q1 - 季度业绩