Yanmade(SH:688312)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥52,515,369.13, representing a decrease of 19.16% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥1,369,064.24, down 86.11% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,446,329.86, a decline of 160.87%[5]. - The basic earnings per share were ¥0.01, down 85.71% year-on-year[5]. - The diluted earnings per share were also ¥0.01, with a decrease of 85.71% compared to the previous year[6]. - The company reported a net loss for Q1 2023, with total costs exceeding total revenue[17]. - In Q1 2023, the company reported a net profit of CNY 944,308.58, a significant decrease from CNY 9,395,063.23 in Q1 2022, reflecting a decline of approximately 90%[18]. - The total operating profit for Q1 2023 was CNY -1,476,750.30, compared to CNY 9,913,993.73 in the same period last year, indicating a substantial loss[18]. - The total comprehensive income for Q1 2023 was CNY -49,325.79, a stark contrast to CNY 9,169,123.08 in Q1 2022, highlighting a significant decline[19]. - Basic and diluted earnings per share were both CNY 0.01 in Q1 2023, down from CNY 0.07 in Q1 2022, reflecting a decrease of approximately 86%[19]. Revenue and Costs - Total operating revenue for Q1 2023 was RMB 52,515,369.13, a decrease of 19.1% compared to RMB 64,960,768.86 in Q1 2022[17]. - Total operating costs for Q1 2023 were RMB 58,848,557.19, down from RMB 63,312,279.20 in Q1 2022, reflecting a reduction of 7.3%[17]. - The company experienced a significant decline in net profit due to a downward trend in traditional business revenue and reduced VAT software refunds received during the quarter[7]. - The company recorded a total revenue from sales of goods and services of CNY 120,456,907.48 in Q1 2023, an increase from CNY 109,582,896.11 in Q1 2022, reflecting a growth of approximately 10%[21]. Cash Flow and Assets - The net cash flow from operating activities was ¥43,345,563.62, an increase of 8.27%[5]. - Cash and cash equivalents decreased to RMB 538,841,093.58 from RMB 640,110,238.54 as of December 31, 2022, a decline of 15.8%[13]. - Trade receivables decreased to RMB 81,298,482.01 from RMB 140,353,394.05, a significant drop of 42.0%[13]. - Cash and cash equivalents at the end of Q1 2023 were CNY 260,605,289.90, down from CNY 467,065,953.11 at the end of Q1 2022, a decrease of about 44%[22]. - The company generated operating cash flow of CNY 43,345,563.62 in Q1 2023, compared to CNY 40,033,629.09 in Q1 2022, marking an increase of approximately 6%[21]. - The company's investment activities resulted in a net cash outflow of CNY -135,487,515.29 in Q1 2023, compared to CNY -158,313,771.94 in Q1 2022, showing an improvement in cash flow management[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,545,403,615.25, reflecting a 3.30% increase from the end of the previous year[6]. - Total assets increased to RMB 1,545,403,615.25 from RMB 1,496,022,580.33, representing a growth of 3.3%[14]. - Total liabilities rose to RMB 207,845,441.12 from RMB 160,913,931.37, an increase of 29.1%[15]. - Non-current liabilities increased to RMB 13,568,311.89 from RMB 4,577,537.53, marking a rise of 196.5%[15]. - The company's total equity as of March 31, 2023, was RMB 1,337,558,174.13, slightly up from RMB 1,335,108,648.96[15]. Research and Development - Research and development expenses totaled ¥21,324,104.26, accounting for 40.61% of operating revenue, an increase of 31.45 percentage points[6]. - Research and development expenses increased to CNY 21,324,104.26 in Q1 2023, up from CNY 20,425,565.21 in Q1 2022, representing a growth of about 4%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,001[9].