CLOUDWALK(SH:688327)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥45,340,157.16, representing a decrease of 78.72% compared to the same period last year[4] - The net profit attributable to shareholders was -¥142,179,887.94, with a net profit excluding non-recurring items of -¥151,276,133.60[4] - The net loss for Q1 2023 was ¥148,490,397.42, compared to a net loss of ¥118,324,829.42 in the previous year[31] - The total comprehensive income for Q1 2023 was -147,878,021.48 RMB, compared to -117,954,966.41 RMB in Q1 2022, reflecting an increase in losses of about 25.4% year-over-year[49] - The diluted earnings per share for the quarter was -¥0.19, reflecting the company's financial challenges[17] - The basic and diluted earnings per share for Q1 2023 remained at -0.19 RMB, unchanged from Q1 2022[49] Cash Flow - The net cash flow from operating activities was -¥108,159,677.37, indicating significant cash outflow during the quarter[4] - Cash flow from operating activities for Q1 2023 was -108,159,677.37 RMB, an improvement from -204,350,683.99 RMB in Q1 2022, showing a reduction in cash outflow by approximately 47%[46] - The company reported cash outflow for purchasing goods and services of 28,987,921.51 RMB in Q1 2023, down from 154,945,232.45 RMB in Q1 2022, indicating a decrease of about 81.3%[51] - The company received cash from sales of goods and services amounting to 63,719,490.73 RMB in Q1 2023, a decrease from 125,804,326.67 RMB in Q1 2022, reflecting a decline of approximately 49.3%[51] - The net increase in cash flow from investment activities was 342,806,287.11 RMB in Q1 2023, compared to a negative cash flow of -34,989,144.45 RMB in Q1 2022, indicating a significant turnaround[45] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,358,440,766.84, a decrease of 1.75% from the end of the previous year[17] - Total liabilities increased to ¥1,587,192,720.85 from ¥1,528,944,937.44 year-over-year[27] - Total equity attributable to shareholders decreased to ¥1,981,358,516.47 from ¥2,093,195,854.35[27] - The total assets and equity combined amounted to ¥3,358,440,766.84, down from ¥3,418,285,848.22[27] Research and Development - Research and development expenses totaled ¥95,827,654.09, accounting for 211.35% of operating revenue, an increase of 162.89 percentage points year-on-year[17] - The company continues to invest in CWOS R&D despite the decline in operating revenue[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,006[35] Cash and Cash Equivalents - Cash and cash equivalents increased to ¥1,747,343,959.90 from ¥1,432,332,305.77 at the end of the previous year[24] - Total cash and cash equivalents at the end of the period reached $1,454,571,535.50, up from $714,279,042.67 year-over-year[54] - The net increase in cash and cash equivalents was $311,753,566.95, contrasting with a decrease of $79,760,531.61 in the previous period[54]