XGMA(SH:600815)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥175,383,367.63, representing a decrease of 40.93% compared to the same period last year[3]. - The net profit attributable to shareholders of the listed company was -¥9,230,468.24, indicating a significant loss[3]. - The net cash flow from operating activities was -¥13,502,587.01, a decline of 227.15% year-on-year[3]. - The company's gross profit for Q1 2023 was negative CNY 20,604,564.70, compared to a gross profit of CNY 28,148,355.24 in Q1 2022[13]. - The company reported a net loss of CNY 8,553,538.86 for Q1 2023, compared to a profit of CNY 6,808,028.47 in Q1 2022[13]. - The total comprehensive income for Q1 2023 was -9,160,393.25 CNY, compared to 3,530,380.79 CNY in Q1 2022, showing a substantial drop[14]. - The net profit for Q1 2023 was -9,568,826.75 CNY, compared to a net profit of 4,205,632.13 CNY in Q1 2022, indicating a significant decline[14]. - The net loss for Q1 2023 was ¥5,582,696.06, compared to a net loss of ¥3,912,241.81 in Q1 2022, indicating a worsening financial performance[23]. Revenue and Costs - Total operating revenue for Q1 2023 was CNY 175,383,367.63, a decrease of 41% compared to CNY 296,911,918.28 in Q1 2022[13]. - Total operating costs for Q1 2023 were CNY 195,987,932.33, down from CNY 311,200,267.97 in Q1 2022, reflecting a reduction of approximately 37%[13]. - Total revenue from sales and services received in Q1 2023 was 229,110,646.62 CNY, compared to 319,744,835.67 CNY in Q1 2022, representing a decrease of approximately 28.3%[15]. - The company incurred operating expenses of 264,614,568.40 CNY in Q1 2023, compared to 338,549,479.81 CNY in Q1 2022, indicating a reduction in operational costs[16]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,718,842,428.81, down 1.31% from the end of the previous year[3]. - Total assets as of March 31, 2023, were CNY 2,718,842,428.81, down from CNY 2,754,927,319.42 at the end of 2022, a decrease of about 1.3%[11]. - Total liabilities decreased to CNY 1,053,137,191.04 from CNY 1,080,061,688.40, reflecting a decline of approximately 2.5%[12]. - The total liabilities decreased from ¥810,237,595.61 to ¥683,259,101.85, a reduction of about 15.7%[21]. Cash Flow - Cash and cash equivalents decreased to CNY 250,007,498.58 from CNY 429,101,664.52 as of December 31, 2022, representing a decline of 42%[11]. - Operating cash flow for Q1 2023 was -13,502,587.01 CNY, down from 10,619,434.92 CNY in Q1 2022, reflecting a negative cash flow situation[16]. - The company reported a net cash outflow from investing activities of -121,608,502.34 CNY in Q1 2023, compared to a net inflow of 210,865,534.32 CNY in Q1 2022[16]. - The company's cash flow from financing activities was -42,451,677.08 CNY in Q1 2023, compared to -845,549.97 CNY in Q1 2022, reflecting increased cash outflows[17]. - Cash and cash equivalents at the end of Q1 2023 were 214,825,188.77 CNY, down from 509,625,680.71 CNY at the end of Q1 2022, a decrease of about 57.8%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,934[8]. - The largest shareholder, Xiamen Haiyi Group Co., Ltd., held 734,789,208 shares, accounting for 41.42% of the total shares[8]. Research and Development - Research and development expenses for Q1 2023 were ¥4,382,994.80, down from ¥7,763,870.32 in Q1 2022, indicating a reduction of about 43%[22]. Other Information - The company did not report any new product developments or market expansion strategies during this quarter[9]. - The company has not adopted new accounting standards for the year 2023, as indicated in the announcement[26].