Leadmicro(SH:688147)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥75,773,813.87, a decrease of 42.9% compared to ¥132,128,523.10 in Q1 2022[4] - The net loss from operating profit for Q1 2023 was ¥6,096,776.97, compared to a loss of ¥4,448,679.02 in Q1 2022, highlighting ongoing financial challenges[4] - The net profit attributable to shareholders for Q1 2023 was a loss of CNY 1,089,053.85, a decline of 141.75% year-over-year[24] - The company reported a net loss of ¥1,089,053.85, compared to a net profit of ¥2,608,332.70 in the previous period, indicating a significant decline in profitability[35] - The company experienced a 42.65% decrease in operating revenue, attributed to differences in project implementation and acceptance schedules[44] Cost Management - The cost of goods sold in Q1 2023 was ¥39,997,722.97, down from ¥90,901,550.63 in Q1 2022, reflecting a significant reduction in operational costs[4] - Research and development expenses remained stable at ¥30,517,474.40 in Q1 2023, slightly up from ¥30,419,780.99 in Q1 2022, indicating continued investment in innovation[4] - Research and development expenses totaled CNY 41,581,337.99, accounting for 54.88% of the revenue, an increase of 31.86 percentage points year-over-year[25] Cash Flow and Liquidity - Cash received from sales and services in Q1 2023 was ¥432,060,776.27, a substantial increase from ¥105,013,499.27 in Q1 2022, indicating improved cash flow management[9] - The company's cash flow from operating activities for Q1 2023 was a negative CNY 31,293,834.93[24] - Operating cash flow was negative at ¥31,293,834.93, with total cash inflows from operating activities amounting to ¥482,038,251.35 and cash outflows totaling ¥513,332,086.28[37] - The company reported a total cash and cash equivalents balance of ¥866,186,740.17 at the end of the period, down from ¥1,718,132,634.73 at the beginning[37] Assets and Liabilities - The total assets as of Q1 2023 amounted to ¥3,819,741,719.03, slightly down from ¥3,820,132,777.19 in the previous year[10] - The total liabilities for Q1 2023 were ¥1,856,952,474.55, a minor decrease from ¥1,857,343,532.71 in Q1 2022, suggesting stable financial leverage[10] - The total current assets increased to CNY 4,231,570,166.46, up from CNY 3,699,375,438.06 in the previous year, marking a significant growth[21] - The total non-current assets as of Q1 2023 were CNY 326,220,335.07, an increase from CNY 120,366,280.97 at the end of the previous year[21] - Current liabilities rose to ¥2,373,760,006.18, up from ¥1,821,224,729.93, indicating an increase of about 30.4%[49] - Total liabilities reached ¥2,595,620,248.88, compared to ¥1,856,952,474.55, reflecting an increase of around 39.8%[49] Shareholder Information - The company had a total of 8,706 shareholders at the end of the reporting period[28] - Basic and diluted earnings per share both fell by 137.58%, reflecting the decline in net profit attributable to shareholders[44] - The weighted average return on equity for Q1 2023 was -0.06%, a decrease of 0.35 percentage points compared to the previous year[24] - The company reported a basic and diluted earnings per share of -CNY 0.0024, down 137.58% from the same period last year[24] Strategic Focus - The company has increased its R&D personnel and project investments to enhance its technological capabilities, reflecting a strategic focus on innovation[7] - The company plans to continue focusing on new product development and market expansion strategies to improve future performance[39] - The company is focused on expanding its market presence and enhancing product development strategies to drive future growth[60]