Y.I.C.(SH:600119)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥192,723,360.92, representing a decrease of 39.79% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥3,988,545.33, with a net profit loss excluding non-recurring items of ¥4,748,128.52[5]. - Net profit for Q1 2023 was a loss of ¥3.42 million, an improvement from a loss of ¥7.02 million in Q1 2022, representing a 51.3% reduction in losses[22]. - Basic and diluted earnings per share were both -¥0.01[6]. - The company reported a basic and diluted earnings per share of -¥0.01 for both Q1 2023 and Q1 2022, indicating no change in per-share performance despite the overall loss reduction[23]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥8,227,212.57[5]. - Operating cash flow for Q1 2023 was a net outflow of ¥8.23 million, compared to a net outflow of ¥13.77 million in Q1 2022, indicating a 40.5% improvement[23]. - Cash and cash equivalents at the end of Q1 2023 totaled ¥227.16 million, an increase from ¥175.54 million at the end of Q1 2022[24]. - Investment activities generated a net cash inflow of ¥24.43 million in Q1 2023, compared to a net inflow of ¥4.04 million in Q1 2022, marking a significant increase[24]. - Financing activities resulted in a net cash outflow of ¥7.12 million in Q1 2023, an improvement from a net outflow of ¥9.44 million in Q1 2022[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥762,207,772.22, down 1.48% from the end of the previous year[6]. - As of March 31, 2023, the total current assets amounted to RMB 575,242,278.37, a slight decrease from RMB 578,354,360.76 at the end of 2022, representing a decline of approximately 0.19%[17]. - Total liabilities decreased to RMB 405,832,873.67 from RMB 416,104,194.35, showing a reduction of about 2.93%[19]. - The total assets as of March 31, 2023, were RMB 762,207,772.22, down from RMB 773,649,728.44, which is a decrease of approximately 1.13%[19]. - The company's total equity decreased to RMB 356,374,898.55 from RMB 357,545,534.09, reflecting a decline of about 0.33%[19]. Operational Metrics - The significant decrease in operating revenue was primarily due to reduced sales in international freight forwarding and meteorological products[10]. - Operating costs decreased by 41.04%, aligning with the drop in sales[11]. - Total operating costs for Q1 2023 were ¥197.13 million, down 39.5% from ¥326.17 million in Q1 2022[21]. - The company's inventory decreased to RMB 32,929,193.45 from RMB 35,814,438.16, representing a decline of about 8.06%[17]. - The company experienced a decrease in sales expenses to ¥2.99 million in Q1 2023, down 56.9% from ¥6.96 million in Q1 2022[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,737[13]. - Shareholders' equity attributable to the company was ¥193,190,919.51, a decrease of 2.02% from the previous year-end[6].