BOMESC(SH:603727)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 309,810,615.50, a decrease of 29.91% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 18,040,348.65, representing a decline of 225.42% year-on-year[3]. - The basic and diluted earnings per share were both CNY -0.06, reflecting a decrease of 220.00% compared to the previous year[3]. - Total operating revenue for Q1 2023 was CNY 309.81 million, a decrease of 30% compared to CNY 442.04 million in Q1 2022[18]. - Net profit for Q1 2023 was a loss of CNY 18.04 million, compared to a profit of CNY 14.38 million in Q1 2022, indicating a significant decline in profitability[19]. - Basic and diluted earnings per share for Q1 2023 were both CNY -0.06, compared to CNY 0.05 in Q1 2022[20]. - The company experienced a significant increase in financial expenses, with a net financial cost of CNY -11.95 million in Q1 2023 compared to CNY -1.95 million in Q1 2022[19]. - Other comprehensive income for Q1 2023 was a loss of CNY 262,235.35, compared to a loss of CNY 98,484.39 in Q1 2022[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,853,532,269.85, down 5.79% from the end of the previous year[4]. - The total liability of CNY 1.54 billion in Q1 2023, down from CNY 1.82 billion in Q1 2022, representing a 15% decrease[15]. - The total equity attributable to shareholders was CNY 3.31 billion in Q1 2023, slightly down from CNY 3.33 billion in Q1 2022[15]. - Total current assets decreased from ¥3,544,507,799.45 at the end of 2022 to ¥3,274,995,547.34, a reduction of about 7.61%[13]. - Total assets decreased from ¥5,151,633,687.78 at the end of 2022 to ¥4,853,532,269.85, reflecting a decline of approximately 5.78%[13]. - The company's inventory as of March 31, 2023, is ¥293,296,272.62, down from ¥305,051,241.68 at the end of 2022, indicating a decrease of about 3.93%[13]. - The total non-current assets as of March 31, 2023, are ¥1,578,536,722.51, a slight decrease from ¥1,607,125,888.33 at the end of 2022, representing a decline of approximately 1.67%[13]. Cash Flow - The net cash flow from operating activities was CNY -159,592,687.41, which is not applicable for comparison[3]. - Cash flow from operating activities in Q1 2023 was CNY 446.66 million, down 48% from CNY 868.46 million in Q1 2022[23]. - The net cash flow from operating activities was -$159.59 million, compared to -$169.74 million in the previous period, indicating a slight improvement[24]. - Cash outflows from operating activities totaled $606.26 million, down from $1.04 billion year-over-year[24]. - The net cash flow from investing activities was -$12.20 million, compared to -$198.68 million in the previous period, showing a significant reduction in losses[24]. - Cash inflows from financing activities amounted to $55 million, while cash outflows were $2.18 million, resulting in a net cash flow of $52.82 million[24]. - The total cash and cash equivalents at the end of the period were $1.82 billion, down from $1.95 billion at the beginning of the period[24]. - The company paid $94.05 million in employee-related cash payments, an increase from $84.44 million in the previous period[24]. - The company reported a cash outflow of $14.94 million for the acquisition of fixed assets, up from $10.23 million year-over-year[24]. - The impact of exchange rate changes on cash and cash equivalents was -$10.92 million, contrasting with a positive impact of $4.30 million in the previous period[24]. - The company received $330 million in cash from borrowings during the financing activities[24]. Research and Development - The company experienced a 40.96% decrease in R&D expenses, indicating reduced investment in research and development[6]. - Research and development expenses decreased to CNY 14.95 million in Q1 2023 from CNY 25.31 million in Q1 2022, a reduction of 41%[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 28,775[8]. - The largest shareholder, Tianjin Bomaike Investment Holding Co., Ltd., holds 83,096,300 shares, accounting for 29.50% of total shares[8]. Other Information - The company has not reported any new product or technology developments in the current quarter[10]. - There are no significant mergers or acquisitions reported during the period[10]. - The company has not provided specific future guidance or market expansion strategies in the current report[10]. - The company did not apply new accounting standards for the first quarter of 2023[25].