Geovis(SH:688568)2023-04-17 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥267,588,326.78, representing an increase of 85.01% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥5,116,051.87, while the net profit after deducting non-recurring gains and losses was -¥7,282,770.60[3]. - Total operating revenue for Q1 2023 reached ¥267,588,326.78, a significant increase of 85.0% compared to ¥144,631,191.28 in Q1 2022[32]. - Net profit attributable to shareholders of the parent company for Q1 2023 was ¥5,116,051.87, compared to a net loss of ¥967,076.58 in Q1 2022[35]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.02, recovering from a loss of ¥0.0044 in Q1 2022[35]. - The total comprehensive income for Q1 2023 was ¥11,201,643.83, compared to a loss of ¥2,238,461.28 in Q1 2022[35]. Cash Flow - The net cash flow from operating activities was -¥214,121,599.44, indicating a significant cash outflow during the quarter[4]. - The company reported a net cash outflow from operating activities of ¥214,121,599.44 in Q1 2023, slightly improved from ¥219,762,414.46 in Q1 2022[36]. - In Q1 2023, the cash inflow from operating activities reached ¥250,684,623.25, a significant increase from ¥98,567,439.64 in Q1 2022, representing a growth of approximately 154.5%[43]. - The cash outflow for purchasing goods and services was ¥217,325,396.45 in Q1 2023, compared to ¥136,212,348.06 in Q1 2022, indicating an increase of about 59.7%[43]. - The net cash flow from financing activities was ¥11,839,115.98 in Q1 2023, a recovery from a negative cash flow of -¥135,621,346.84 in Q1 2022[47]. - The ending balance of cash and cash equivalents as of the end of Q1 2023 was ¥1,659,963,371.73, up from ¥579,954,672.77 at the end of Q1 2022, marking an increase of approximately 187.5%[47]. - The company experienced a net decrease in cash and cash equivalents of -¥324,830,047.60 in Q1 2023, an improvement from -¥476,162,521.86 in Q1 2022[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,578,100,069.80, a decrease of 1.45% from the end of the previous year[4]. - Current liabilities decreased to CNY 1,137,788,009.43 from CNY 1,213,992,344.50, a reduction of about 6.25%[30]. - Total liabilities decreased to CNY 1,209,967,176.73 from CNY 1,289,794,611.31, a decrease of about 6.19%[30]. - The equity attributable to shareholders increased slightly by 0.19% to ¥3,219,029,384.98 compared to the end of the previous year[4]. - The number of common shareholders at the end of the reporting period was 9,179[24]. Research and Development - Research and development expenses totaled ¥74,260,188.69, which is an increase of 79.92% year-on-year, accounting for 27.75% of operating revenue[4]. - Research and development expenses for Q1 2023 amounted to ¥52,220,137.06, an increase of 54.8% from ¥33,723,855.96 in Q1 2022[32]. Strategic Initiatives - The company is focusing on expanding its product portfolio through the development of the GEOVIS Earth series, which is expected to enhance online business growth[7]. - The company is pursuing a strategy of group, ecological, and international development to drive market expansion and revenue growth[7]. Non-Recurring Gains and Losses - Non-recurring gains included government subsidies amounting to ¥13,704,269.82, which are closely related to the company's normal business operations[4]. - The company recorded a financial asset impairment loss of ¥19,352,135.49 in Q1 2023, compared to a loss of ¥9,560,680.76 in Q1 2022[41].