TYPICAL(SH:600302)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 151.70 million, a decrease of 62.08% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 4.99 million, showing an improvement of CNY 3.56 million year-on-year[8]. - The total operating revenue for Q1 2023 was ¥151.70 million, a decrease of 62.14% compared to ¥400.11 million in Q1 2022[21]. - The company reported a total comprehensive loss of ¥6.17 million in Q1 2023, compared to a loss of ¥7.57 million in Q1 2022, indicating a 18.66% improvement[23]. - The basic and diluted earnings per share were both CNY -0.0144[5]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.0144, an improvement from -¥0.0247 in Q1 2022[23]. - The company reported a net profit excluding non-recurring gains and losses of CNY -7.38 million, an improvement of CNY 3.30 million year-on-year[8]. - Net profit for Q1 2023 was a loss of ¥5.37 million, an improvement from a loss of ¥8.45 million in Q1 2022, representing a 36.67% reduction in losses[22]. Cash Flow and Assets - The net cash flow from operating activities was a negative CNY 27.59 million, indicating a significant cash outflow[5]. - Cash flow from operating activities for Q1 2023 was a net outflow of ¥27.59 million, an improvement from a net outflow of ¥160.03 million in Q1 2022[25]. - The company's cash and cash equivalents decreased to approximately 127.4 million RMB from 162.1 million RMB at the end of 2022[17]. - Cash and cash equivalents at the end of Q1 2023 were ¥125.69 million, down from ¥178.33 million at the end of Q1 2022[26]. - The total assets at the end of the reporting period were CNY 1.55 billion, a slight increase of 0.12% from the end of the previous year[6]. - The company reported a total asset of approximately 1.546 billion RMB as of March 31, 2023, with total liabilities of approximately 480.8 million RMB[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,963[10]. - The largest shareholder, China Standard Industrial Group Co., Ltd., holds 42.77% of the shares[11]. Business Strategy and Operations - The company is currently focusing on risk prevention and business restructuring, leading to a temporary halt in its supply chain operations[8]. - The company accelerated its transformation by focusing on system solutions and service capabilities, enhancing operational quality and market expansion efforts[13]. - The company has integrated existing channel resources, boosting sales enthusiasm and expanding coverage in untapped areas, leading to bulk sales of new template machines in key market regions[13]. - The company has established a collaborative agreement with a clothing factory to broaden the application scenarios of its standard intelligent cloud system[13]. - The company is developing smart and green system solutions for the automotive interior sector, with ongoing optimization of the SMP automotive center console 3D sewing project[15]. Research and Development - In the R&D sector, the company focused on customer needs, resulting in the successful trial production of the TC164 high-speed template sewing machine and the new generation VETRON 5000A model[14]. - Research and development expenses increased to ¥5.44 million in Q1 2023, up 35.93% from ¥4.00 million in Q1 2022[22]. - The company applied for 3 patents and obtained 4 authorized patents during the reporting period, bringing the total number of effective patents to 316, including 37 invention patents[15].