HDAA(SH:600316)2023-04-28 16:00Financial Performance - Operating revenue for the reporting period decreased by 81.06% compared to the previous year[4] - Net profit attributable to shareholders of the listed company for the reporting period decreased by 298.09%[4] - The basic earnings per share for the reporting period was a loss of ¥298.09[4] - The company's operating revenue for Q1 2023 was ¥137,107,858.08, a decrease from ¥720,868,169.30 in Q1 2022, representing a decline of approximately 81.0%[22] - The net profit for Q1 2023 was a loss of ¥9,070,047.02, compared to a profit of ¥3,356,402.51 in Q1 2022, indicating a significant downturn in profitability[22] - The total comprehensive income for the current period is -¥8,021,103.84, compared to ¥2,957,239.11 in the same period last year[38] - The net profit attributable to shareholders of the listed company is -¥9,070,047.02, a decline of 298.09% year-on-year[43] - The net profit attributable to shareholders after deducting non-recurring gains and losses is -¥13,922,732.46, down 443.62% from the previous year[43] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥16.14 billion, a decrease of 6.34% compared to the end of the previous year[3] - Total current liabilities amounted to approximately ¥10.81 billion, a decrease from ¥11.89 billion in the previous year[21] - Total liabilities were approximately ¥10.85 billion, down from ¥11.93 billion in the previous year[21] - The total equity attributable to shareholders was approximately ¥5.29 billion, slightly down from ¥5.29 billion at the end of the previous year[21] - The total liabilities amount to ¥10,852,008,163.75, a decrease from ¥11,934,510,352.18 in the previous period[49] - The total assets as of March 31, 2023, were ¥16,141,410,564.44, down from ¥17,234,182,614.20 in the previous year, a decrease of 6.3%[61] - Total current assets decreased to ¥14,257,909,570.21, down 6.98% from ¥15,326,498,980.48[65] Cash Flow - Cash and cash equivalents at the end of the reporting period were approximately ¥190.90 million, down from ¥623.99 million at the end of the previous year[7] - The cash flow from operating activities for Q1 2023 was negative at ¥427,914,266.08, compared to a negative cash flow of ¥357,420,011.47 in Q1 2022, reflecting worsening cash flow conditions[23] - The net cash flow from operating activities is -¥427,914,266.08, which is not applicable for year-on-year comparison[43] - The company experienced a net decrease in cash and cash equivalents of ¥433,083,086.57 during the quarter[68] Costs and Expenses - The total operating costs for Q1 2023 were ¥132,732,781.27, up from ¥699,926,535.46 in Q1 2022, showing an increase in cost pressures[22] - Total operating costs in Q1 2023 amounted to ¥151,704,986.85, while in Q1 2022, it was ¥720,933,335.40, indicating a decrease of 78.9%[50] - Sales expenses increased to ¥2,033,237.65 in Q1 2023 from ¥1,674,745.72 in Q1 2022, representing a rise of 21.5%[50] - Management expenses decreased to ¥9,714,364.24 in Q1 2023 from ¥11,655,651.94 in Q1 2022, a reduction of 16.6%[50] - R&D expenses slightly decreased to ¥8,695,460.17 in Q1 2023 from ¥8,809,557.13 in Q1 2022, a decline of 1.3%[50] Other Income and Investments - The company reported other income of ¥1,424,079.92 in Q1 2023, a significant increase from ¥420,266.11 in Q1 2022, suggesting improved performance in non-operating income sources[22] - The company recorded other income of ¥4,183,283.00 during the current period[44] - The company received government subsidies amounting to ¥1,525,758.70, which are closely related to its normal business operations[44] - The company experienced an investment loss of ¥1,559,465.21 in Q1 2023, compared to a gain of ¥1,851,816.96 in Q1 2022, highlighting challenges in investment performance[22] Market and Product Development - The company has not reported any new product launches or significant technological advancements during this quarter[22] - There are no indications of market expansion or mergers and acquisitions in the current financial report[22]