OIMT(SZ:002175)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥50,402,087.17, a decrease of 24.13% compared to ¥66,432,286.18 in the same period last year[5] - Net profit attributable to shareholders was ¥748,478.19, down 91.40% from ¥8,707,175.62 year-on-year[5] - Net profit for Q1 2023 was ¥473,417.82, a significant decline from ¥8,707,175.62 in Q1 2022[21] - Basic and diluted earnings per share for Q1 2023 were both ¥0.0006, down from ¥0.0068 in the same quarter last year[22] - The company's total liabilities increased to ¥187,779,764.23 from ¥172,251,534.47, reflecting a rise of 9.2% year-over-year[18] - Total operating costs for Q1 2023 were ¥50,019,112.92, down 11.3% from ¥56,393,117.72 year-over-year[20] Cash Flow - The net cash flow from operating activities was -¥8,803,333.76, a decline of 55.99% compared to -¥5,643,503.76 in the previous year[10] - The cash inflow from operating activities totaled ¥60,696,387.66, compared to ¥58,853,153.58 in the same period last year[23] - The net cash flow from investment activities was -15,830,355.25 CNY, indicating a significant outflow compared to the previous quarter's -3,982,421.17 CNY[24] - The total cash inflow from financing activities was 6,381,930.24 CNY, while the cash outflow totaled 25,782,426.75 CNY, resulting in a net cash flow of -19,400,496.51 CNY[24] - The net increase in cash and cash equivalents for the quarter was -25,460,026.23 CNY, compared to -29,074,780.33 CNY in the previous quarter[24] - The ending balance of cash and cash equivalents was 98,745,299.03 CNY, down from 124,205,325.26 CNY at the beginning of the quarter[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥676,402,080.36, an increase of 2.42% from ¥660,400,432.78 at the end of the previous year[5] - Total assets increased from ¥660,400,432.78 to ¥676,402,080.36, reflecting a growth of about 2.4%[17] - Total liabilities decreased from ¥67,727,450.99 to ¥60,559,509.35, a decrease of approximately 10.5%[17] - The total equity attributable to shareholders of the parent company was ¥489,640,093.53, slightly up from ¥488,891,615.34[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 58,324[12] - The largest shareholder, Kexiang High-tech Development Co., Ltd., holds 19.21% of the shares, totaling 245,210,042 shares[12] - The company has signed a concerted action agreement among major shareholders, controlling a total of 22.39% of the shares[13] - The company has no preferred shareholders as indicated in the report[14] Operational Changes - The company appointed a new general manager as of April 21, 2023[14] - The company reported a significant increase in prepayments, which rose by 306.99% to ¥18,055,240.79, primarily due to advance payments for renovations[9] - Research and development expenses increased, with development expenditures reaching ¥5,175,230.28, up 55.02% from ¥3,338,440.88[9] - The company received government subsidies amounting to ¥953,045.43, reflecting a 50.31% increase compared to the previous year[9] Other Financial Metrics - The weighted average return on equity decreased to 0.15%, down 2.46% from 2.61% in the same period last year[5] - Accounts receivable decreased from ¥45,626,690.20 to ¥40,059,246.92, a reduction of about 12.3%[16] - Inventory increased from ¥92,351,808.47 to ¥94,265,547.18, an increase of approximately 2.1%[16] - The company recorded a tax expense of ¥889,696.78, down from ¥1,077,117.36 in the previous year[21] - The company did not undergo an audit for the first quarter report[25]