YXMC(SH:600213)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥153,959,222.04, representing a decrease of 45.92% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥31,869,896.32, with a diluted earnings per share of -¥0.11[5]. - The company experienced a 45.92% decline in operating income due to a substantial drop in domestic sales[7]. - Total operating revenue for Q1 2023 was ¥153,959,222.04, a decrease of 46.0% compared to ¥284,685,796.89 in Q1 2022[14]. - Net loss for Q1 2023 was ¥33,780,527.38, an improvement from a net loss of ¥43,592,244.04 in Q1 2022, representing a 22.5% reduction in losses[16]. - Operating revenue for Q1 2023 was CNY 127,199,385.14, down 30.8% from CNY 183,751,122.27 in Q1 2022[26]. - The net loss for Q1 2023 was CNY 29,849,776.70, an improvement from a net loss of CNY 43,697,696.73 in Q1 2022, indicating a reduction in losses by approximately 31.7%[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,538,086,410.57, down 10.75% from the end of the previous year[6]. - As of March 31, 2023, the total assets of the company amounted to ¥2,538,086,410.57, a decrease from ¥2,843,685,006.32 at the end of 2022, representing a decline of approximately 10.7%[12]. - The company's current assets totaled ¥2,301,801,958.55, down from ¥2,595,082,500.43, indicating a decrease of about 11.3%[11]. - The accounts receivable decreased to ¥1,227,624,957.21 from ¥1,413,258,933.33, reflecting a reduction of approximately 13.1%[11]. - The company's total liabilities were reported at ¥2,339,885,713.44, down from ¥2,612,655,386.56, which is a decrease of around 10.4%[13]. - Total current liabilities decreased from CNY 1,941,774,455.11 as of December 31, 2022, to CNY 1,743,810,991.57 as of March 31, 2023, reflecting a reduction of approximately 10.2%[24]. Equity and Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,230[8]. - The company's net loss attributable to shareholders was reported at -¥821,026,268.95, compared to -¥789,156,372.63 in the previous period, indicating a worsening of approximately 4.0%[13]. - The total equity attributable to shareholders decreased to ¥127,183,897.07 from ¥158,289,531.66, a decline of about 19.6%[13]. - The total equity decreased from CNY 166,933,326.58 as of December 31, 2022, to CNY 137,648,641.28 as of March 31, 2023, a decline of about 17.5%[24]. Cash Flow and Expenses - The company's cash flow from operating activities was ¥12,974,963.48, with a significant reduction in payment for goods contributing to this figure[7]. - Cash flow from operating activities generated a net inflow of ¥12,974,963.48 in Q1 2023, compared to a net outflow of ¥142,387,805.70 in Q1 2022[19]. - The company reported a total cash outflow from financing activities of ¥170,676,829.59 in Q1 2023, compared to ¥321,057,996.45 in Q1 2022[20]. - The company experienced a foreign exchange loss of ¥712,362.57 in Q1 2023, compared to a loss of ¥786,259.97 in Q1 2022[20]. - The company's cash and cash equivalents were reported at ¥259,605,229.76, down from ¥376,871,997.62, reflecting a decrease of approximately 31.1%[11]. - The ending cash and cash equivalents balance decreased to $43,683,900.19 from $164,310,636.63, a decline of about 73.4% year-over-year[30]. Research and Development - The company has no significant new product launches or technological advancements reported during this quarter[11]. - Research and development expenses for Q1 2023 were ¥12,425,848.78, slightly down from ¥13,397,028.23 in Q1 2022[14]. - Research and development expenses for Q1 2023 were CNY 8,691,183.05, slightly higher than CNY 8,110,714.58 in Q1 2022, showing an increase of about 7.2%[26]. Inventory and Borrowings - The short-term borrowings increased to ¥470,177,278.44 from ¥447,103,424.06, showing an increase of about 5.0%[12]. - The inventory increased to ¥240,649,591.07 from ¥204,523,552.79, representing a growth of approximately 17.6%[11]. - The company's inventory increased from CNY 143,673,579.05 at the end of 2022 to CNY 176,869,397.34 by the end of Q1 2023, representing a rise of approximately 23.0%[22]. - The company's short-term borrowings increased from CNY 412,439,981.25 at the end of 2022 to CNY 446,953,885.40 by the end of Q1 2023, an increase of approximately 8.4%[23].