Kersen(SH:603626)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥523,076,715.18, representing a decrease of 43.19% compared to the same period last year[3] - The net profit attributable to shareholders of the listed company was -¥83,663,950.13, a decline of 1,522.43% year-on-year[3] - The basic earnings per share were -¥0.1501, reflecting a decrease of 1,529.52% year-on-year[3] - Total revenue for Q1 2023 was ¥523,076,715.18, a decrease of 43.3% compared to ¥920,677,775.76 in Q1 2022[15] - The company reported a net profit loss of ¥83,663,950.13 in Q1 2023, compared to a net profit of ¥5,881,762.96 in Q1 2022, representing a significant decline[16] - The company reported a total comprehensive loss of ¥83,855,033.59 in Q1 2023, compared to a comprehensive income of ¥5,871,731.88 in Q1 2022, highlighting a significant downturn[17] Cash Flow and Liquidity - The net cash flow from operating activities was ¥305,493,583.10, an increase of 242.63% compared to the previous year[3] - Operating cash flow for Q1 2023 was ¥305,493,583.10, an increase from ¥89,161,235.97 in Q1 2022, indicating improved cash generation from operations[19] - Cash and cash equivalents increased to ¥440,200,455.55 from ¥415,607,419.60, showing a growth of 5.3%[10] - Cash and cash equivalents at the end of Q1 2023 totaled ¥433,382,859.44, down from ¥469,001,725.22 at the end of Q1 2022, showing a decrease in liquidity[19] - The net cash flow from investing activities was -¥178,070,536.21 in Q1 2023, worsening from -¥72,656,291.60 in Q1 2022, indicating higher cash outflows for investments[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,205,001,210.06, down 8.67% from the end of the previous year[4] - Total assets decreased to ¥5,205,001,210.06 from ¥5,699,050,769.26, representing a reduction of 8.7%[12] - Total liabilities decreased to ¥2,182,791,676.64 from ¥2,594,682,812.38, a decline of 15.9%[13] - Non-current assets totaled ¥3,369,811,522.68, down from ¥3,422,207,581.31, indicating a decrease of 1.5%[12] Shareholder Information - The company had a total of 35,439 common shareholders at the end of the reporting period[6] - The largest shareholder, Xu Jingen, holds 25.10% of the shares, with 92,880,000 shares pledged[7] Operating Costs and Expenses - Total operating costs for Q1 2023 were ¥617,503,795.62, down from ¥914,041,882.33 in Q1 2022, reflecting a reduction of 32.5%[15] - Operating costs included ¥470,568,548.12 in operating expenses, which decreased from ¥786,190,048.49 in the previous year[15] - Research and development expenses were ¥38,603,150.12 in Q1 2023, slightly down from ¥39,221,026.65 in Q1 2022, showing a minor reduction in R&D investment[16] - The company incurred financial expenses of ¥29,205,432.82 in Q1 2023, up from ¥19,894,000.02 in Q1 2022, indicating increased borrowing costs[16] Revenue Decline Factors - The decline in revenue was primarily attributed to the impact of terminal consumption[5] - Total revenue from sales of goods and services was ¥974,294,454.63 in Q1 2023, down from ¥1,100,674,173.45 in Q1 2022, reflecting a decrease of approximately 11.5%[18] Return on Equity - The weighted average return on equity was -2.73%, a decrease of 2.93 percentage points compared to the previous year[3] - The company is focusing on cost reduction strategies and improving cash flow management in response to declining revenues[15] Non-Recurring Gains and Losses - The company reported non-recurring gains and losses totaling ¥5,209,883.41 for the period[4] - The company reported a net loss for Q1 2023, with total costs exceeding total revenue[15]