NEO(SH:600184)2023-04-20 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 317,489,584.96, a decrease of 36.85% compared to the same period last year[4] - The net profit attributable to shareholders for Q1 2023 was CNY 6,510,338.80, down 67.68% year-on-year[4] - The basic earnings per share for Q1 2023 was CNY 0.01, reflecting a 75.00% decrease compared to the previous year[4] - The weighted average return on equity decreased by 0.56 percentage points to 0.26%[4] - The decline in revenue and profit was attributed to factors affecting the optical market and changes in military product sales volume and structure[5] - Net profit for Q1 2023 was ¥6,510,338.80, a decline of 67.7% from ¥20,141,127.99 in Q1 2022[14] - The net profit attributable to the parent company for Q1 2023 was CNY 6,510,338.80, a decrease from CNY 20,141,127.99 in Q1 2022, representing a decline of approximately 67.7%[15] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.01, down from CNY 0.04 in Q1 2022, indicating a 75% decrease[15] - The net profit for Q1 2023 was CNY 1,332,463.44, a decrease of approximately 52.8% compared to CNY 2,823,996.99 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -256,699,465.46, indicating a significant cash outflow[4] - Cash inflows from operating activities totaled CNY 251,626,458.36 in Q1 2023, compared to CNY 259,381,867.14 in Q1 2022, reflecting a decrease of about 3%[18] - Cash outflows from operating activities were CNY 508,325,923.82 in Q1 2023, slightly down from CNY 510,965,883.54 in Q1 2022, showing a marginal decrease of 0.5%[18] - The net cash flow from operating activities for Q1 2023 was -CNY 256,699,465.46, worsening from -CNY 251,584,016.40 in Q1 2022[18] - The cash and cash equivalents balance was not explicitly mentioned but is part of the total current assets of ¥2,836,572,685.42 in Q1 2023[12] - The cash and cash equivalents at the end of Q1 2023 were CNY 865,939,950.87, down from CNY 1,430,581,159.58 at the end of Q1 2022, indicating a decrease of approximately 39.4%[18] - The company reported a cash outflow from investing activities of -CNY 25,236,131.75 in Q1 2023, an improvement from -CNY 50,123,763.71 in Q1 2022, showing a reduction of 49.7%[18] - The cash flow from financing activities in Q1 2023 was -CNY 1,819,259.13, compared to a positive cash flow of CNY 4,258,578.63 in Q1 2022, indicating a significant shift in financing activities[18] Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 4,369,069,216.96, an increase of 2.49% from the end of the previous year[4] - Total assets as of Q1 2023 amounted to ¥4,369,069,216.96, an increase from ¥4,262,735,153.63 in Q1 2022[12] - Total liabilities for Q1 2023 were ¥1,866,533,206.77, compared to ¥1,768,465,883.10 in Q1 2022[12] - The total liabilities amounted to CNY 704,990,000, with total equity reaching CNY 2,193,671,672.63 as of the end of Q1 2023[21] - The total owner's equity increased from CNY 2,192,339,209.19 in the previous year to CNY 2,193,671,672.63 in Q1 2023[21] Expenses - Total operating costs for Q1 2023 were ¥312,155,942.31, down 35.7% from ¥485,329,241.47 in Q1 2022[14] - Research and development expenses decreased to ¥21,097,223.95, down 33.7% from ¥31,785,472.77 in Q1 2022[14] - The company reported a decrease in sales expenses to ¥2,220,831.06 from ¥3,369,272.00 in Q1 2022[14] - The company incurred financial expenses of CNY -11,390.21 in Q1 2023, slightly higher than CNY -10,488.34 in Q1 2022[23] - The company reported a decrease in sales expenses, with management expenses recorded at CNY 245,710.00 for Q1 2023[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,889[7] - Shareholder equity attributable to shareholders was CNY 2,502,536,010.19, a slight increase of 0.33% from the previous year-end[4] - The company's total equity increased to ¥2,502,536,010.19 in Q1 2023 from ¥2,494,269,270.53 in Q1 2022[12] Other Information - The company reported non-recurring gains and losses totaling CNY 239,719.87 for the quarter[5] - The company has not disclosed any new product developments or market expansion strategies in the current report[21]