CRTC(SH:688459)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥92,986,030.98, representing a 34.27% increase compared to ¥69,254,058.50 in the same period last year[3] - The net profit attributable to shareholders of the listed company was -¥2,765,143.07, showing an improvement from -¥17,196,548.78 year-on-year[3] - Net profit for Q1 2023 was a loss of CNY 1,770,405.83, compared to a loss of CNY 21,945,589.54 in Q1 2022, indicating a significant reduction in losses[21] - Basic and diluted earnings per share for Q1 2023 were both CNY -0.0018, compared to CNY -0.0616 in Q1 2022[22] - Other comprehensive income for Q1 2023 was CNY -1,745,105.11, compared to CNY -21,973,766.96 in Q1 2022, indicating an improvement[22] Cash Flow - The net cash flow from operating activities was -¥22,551,478.81, a significant decline compared to a positive cash flow of ¥5,449,463.51 in the previous year[4] - In Q1 2023, the cash inflow from operating activities totaled $251,915,405.80, a decrease of 3.6% compared to $260,515,962.48 in Q1 2022[25] - The total cash outflow from operating activities increased to $274,466,884.61, up from $255,066,498.97 in Q1 2022, representing a rise of 7.4%[25] - The net cash flow from investment activities was negative at $113,373.40, compared to a negative $11,839.83 in Q1 2022[26] - The net cash flow from financing activities was also negative at $258,600.00, an improvement from a negative $1,143,670.32 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,752,241,825.16, reflecting a decrease of 3.03% from ¥3,869,671,690.37 at the end of the previous year[4] - The total current assets as of March 31, 2023, amounted to CNY 3,422,371,358.05, a decrease from CNY 3,534,605,850.69 as of December 31, 2022, reflecting a decline of approximately 3.17%[15] - Total liabilities for Q1 2023 were CNY 397,848,303.04, down from CNY 513,533,063.14 in the previous period, reflecting a decrease of 22.6%[17] - The equity attributable to shareholders of the parent company was CNY 3,258,314,874.83, slightly down from CNY 3,259,145,677.84[17] Research and Development - Research and development expenses totaled ¥14,197,385.01, which is a 29.26% increase from ¥10,983,219.43 in the same period last year[4] - Research and development expenses for Q1 2023 amounted to CNY 14,197,385.01, an increase of 29.9% from CNY 10,983,219.43 in Q1 2022[21] Strategic Focus - The company is focusing on increasing sales efforts and project delivery speed to drive revenue growth[8] - The company is focusing on enhancing its manufacturing capabilities through strategic partnerships and investments in technology[12] - Future outlook includes potential market expansion and the introduction of new products to drive revenue growth[12] - The company is actively exploring mergers and acquisitions to strengthen its market position and diversify its portfolio[12] Shareholder Information - The company had a total of 27,140 common shareholders at the end of the reporting period[10] Acquisitions - The company completed acquisitions of Guotie Printing Co., Ltd. and Guanghan Kofeng Electronics Co., Ltd. in October 2022, which were included in the consolidated financial statements[4]