Routon(SH:600355)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥26,363,134.29, representing a decrease of 41.85% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥12,017,521.72, indicating a significant loss[4]. - The net cash flow from operating activities decreased by 48.20%, amounting to ¥12,452,538.47[4]. - Total operating revenue for Q1 2023 was ¥26,363,134.29, a decrease of 41.9% compared to ¥45,337,355.23 in Q1 2022[15]. - Net loss for Q1 2023 was ¥12,017,521.72, compared to a net loss of ¥7,520,742.14 in Q1 2022, representing a year-over-year increase in loss of 60.5%[16]. - Cash flow from operating activities for Q1 2023 was ¥12,452,538.47, a decline of 48.2% from ¥24,038,411.96 in Q1 2022[18]. - The company reported a net cash outflow from financing activities of ¥552,729.15 in Q1 2023, compared to a net outflow of ¥493,998.44 in Q1 2022[19]. - The company experienced a decrease in cash inflow from operating activities, totaling ¥60,747,981.44 in Q1 2023, down 33.0% from ¥90,670,444.02 in Q1 2022[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥317,511,320.41, down 4.11% from the previous year[5]. - As of March 31, 2023, total assets amounted to RMB 317,511,320.41, a decrease from RMB 331,108,050.16 as of December 31, 2022, reflecting a decline of approximately 4.5%[12]. - Current assets totaled RMB 157,362,471.45, down from RMB 166,787,545.53, indicating a decrease of about 5.5%[11]. - Total liabilities as of March 31, 2023, were RMB 112,779,678.73, down from RMB 114,358,886.76, a decrease of approximately 1.4%[13]. Shareholder Equity - The company's equity attributable to shareholders decreased by 5.51%, totaling ¥205,917,674.17[5]. - The company's equity attributable to shareholders decreased from RMB 217,935,195.89 to RMB 205,917,674.17, reflecting a decline of about 5.5%[13]. - The number of ordinary shareholders at the end of the reporting period was 43,934[8]. - There are no significant changes in the shareholder structure, with the top ten shareholders holding a total of 118,000,000 shares, representing approximately 24.1% of total shares[9]. Research and Development - Research and development expenses decreased by 31.77%, reflecting reduced investment in R&D activities[6]. - Research and development expenses for Q1 2023 were ¥6,017,108.70, down 31.8% from ¥8,818,766.97 in Q1 2022[15]. Inventory and Receivables - Accounts receivable decreased by 57.55%, primarily due to a decline in sales revenue[6]. - Accounts receivable decreased significantly from RMB 21,906,520.59 to RMB 9,298,354.97, a reduction of about 57.6%[11]. - Inventory slightly decreased from RMB 71,639,385.89 to RMB 70,535,218.84, a reduction of approximately 1.5%[11]. Other Information - The company received government subsidies amounting to ¥811,928.95, contributing to other income[5]. - The weighted average return on net assets was -5.70%, indicating a negative performance[4]. - The company has not disclosed any new product developments or market expansion strategies in the current report[10]. - The company did not apply new accounting standards or interpretations for the first time in 2023[21].