Bonree(SH:688229)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥32,253,272.78, representing a year-on-year increase of 0.28%[5] - The net profit attributable to shareholders was a loss of ¥17,829,244.79, with a basic and diluted earnings per share of -¥0.41[6][10] - The company reported a net loss of ¥50,382,203.28 for the period, compared to a loss of ¥32,552,958.49 in the previous period[18] - Net loss for Q1 2023 was CNY 17,829,244.79, an improvement of 23.5% compared to a net loss of CNY 23,190,246.34 in Q1 2022[20] - Basic and diluted earnings per share improved to CNY -0.41 from CNY -0.52 year-over-year[21] Cash Flow and Assets - The net cash flow from operating activities was -¥31,248,820.38, indicating a significant cash outflow[6] - Cash flow from operating activities showed a net outflow of CNY 31,248,820.38, compared to a net outflow of CNY 27,536,961.36 in Q1 2022[21] - The company's cash and cash equivalents decreased to ¥497,774,932.07 from ¥530,463,390.91, representing a decline of about 6.2%[16] - Cash and cash equivalents at the end of Q1 2023 were CNY 497,181,000.13, down from CNY 619,599,135.01 at the end of Q1 2022[24] - Total assets at the end of the reporting period were ¥683,959,022.40, down 4.18% from the end of the previous year[6] - Total liabilities and equity decreased to CNY 683,959,022.40 from CNY 713,805,016.38 year-over-year[19] Research and Development - Research and development expenses totaled ¥19,019,906.04, accounting for 58.97% of operating revenue, a decrease of 14.83 percentage points year-on-year[6] - The company reported a decrease in research and development expenses to CNY 19,019,906.04, down from CNY 23,736,114.03 in Q1 2022[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,687[12] - The largest shareholder, Li Kai, holds 23.12% of the shares, totaling 10,266,270 shares[12] Market and Strategic Initiatives - The company has not reported any new product launches or technological advancements during this quarter[15] - There were no significant market expansions or mergers and acquisitions disclosed in the earnings call[15] - The company has not provided specific guidance for future performance or strategic initiatives in this report[15] Operating Costs - Total operating costs decreased significantly to CNY 52,377,087.85, down 20.2% from CNY 65,820,665.20 in the same period last year[19]