Primeton(SH:688118)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥66,799,724, representing a year-on-year increase of 35.25%[5] - The net profit attributable to shareholders was a loss of ¥21,898,829.40, with a basic and diluted earnings per share of -¥0.239[5] - Total operating revenue for Q1 2023 was CNY 66,799,724, an increase of 35.4% compared to CNY 49,388,523 in Q1 2022[17] - Net loss for Q1 2023 was CNY 21,898,829.40, compared to a net loss of CNY 20,618,261.36 in Q1 2022, representing a decline of 6.2%[18] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.239, compared to CNY -0.224 in Q1 2022[19] - The company reported a gross profit margin of approximately 40.5% for Q1 2023, compared to 32.0% in Q1 2022[28] Cash Flow - The company reported a net cash flow from operating activities of -¥78,520,374.43[5] - Cash flow from operating activities for Q1 2023 was a net outflow of CNY 78,520,374.43, slightly worse than the net outflow of CNY 76,947,558.61 in Q1 2022[21] - The net cash flow from investment activities for Q1 2023 was a loss of CNY 55,991,208.64, an improvement from a loss of CNY 214,487,816.28 in Q1 2022[21] - The net cash flow from operating activities for Q1 2023 was -77,226,663.57 RMB, compared to -80,941,364.18 RMB in Q1 2022, showing a slight improvement[33] - The total cash and cash equivalents decreased by 134,882,732.23 RMB in Q1 2023, compared to a decrease of 309,037,357.78 RMB in the same period last year[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥983,935,993.97, down 3.61% from the end of the previous year[6] - The company's cash and cash equivalents were reported at ¥172,822,697.81, down from ¥309,857,966.28, indicating a decrease of about 44.2%[14] - The total current liabilities decreased to ¥127,930,508.54 from ¥144,490,061.42, representing a reduction of approximately 11.4%[16] - The company's total liabilities decreased to CNY 184,438,938 in Q1 2023, down 14.1% from CNY 214,576,130 in Q4 2022[25] - The total assets as of March 31, 2023, were CNY 1,057,174,824, a decrease of 3.3% from CNY 1,093,583,610 at the end of 2022[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,653[10] - The largest shareholder, Liu Yadong, holds 23.87% of the shares, totaling 22,771,802 shares[10] - The company held 3,582,387 shares in its repurchase account, accounting for 3.76% of the total share capital[14] Research and Development - Research and development expenses totaled ¥22,081,959.89, accounting for 33.06% of operating revenue, a decrease of 3.76 percentage points compared to the previous year[6] - Research and development expenses for Q1 2023 were CNY 15,638,932, an increase of 17.0% compared to CNY 13,354,891 in Q1 2022[28] Market Strategy - The company is actively expanding its market presence by focusing on the digital economy and innovation strategies[8]