DAWEI(SZ:002213)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥106,302,822.88, a decrease of 34.02% compared to ¥161,115,634.87 in the same period last year[5] - Net profit attributable to shareholders was ¥813,713.53, down 60.80% from ¥2,075,646.33 year-on-year[5] - The net cash flow from operating activities was -¥34,096,889.27, representing a decline of 60.39% compared to -¥21,258,350.04 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 106,302,822.88, a decrease of 34.1% compared to CNY 161,115,634.87 in the same period last year[22] - Net profit for Q1 2023 was CNY 792,704.65, a decline of 57.8% compared to CNY 1,876,724.32 in Q1 2022[23] - Basic earnings per share for Q1 2023 were CNY 0.0034, down from CNY 0.0101 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥760,890,367.86, a decrease of 5.39% from ¥804,277,178.53 at the end of the previous year[5] - Total assets decreased to CNY 760,890,367.86 in Q1 2023 from CNY 804,277,178.53 in Q1 2022, a reduction of 5.4%[20] - Total liabilities decreased to CNY 79,114,329.38 in Q1 2023 from CNY 122,900,868.52 in Q1 2022, a decline of 35.5%[20] Cash Flow - The net cash flow from operating activities was -34,096,889.27 CNY, compared to -21,258,350.04 CNY in the previous period, indicating a decline in operational cash flow[25] - Total cash inflow from operating activities was 92,206,158.91 CNY, down 52.8% from 195,212,923.24 CNY in the previous period[25] - Cash outflow from operating activities totaled 126,303,048.18 CNY, a decrease of 41.7% compared to 216,471,273.28 CNY last period[25] - The net cash flow from investing activities was 4,810,495.72 CNY, a significant improvement from -48,906,744.50 CNY in the previous period[25] - The net cash flow from financing activities was -44,092,012.66 CNY, compared to a positive 15,073,689.02 CNY in the previous period, reflecting increased financial strain[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,685[11] - The largest shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., holds 29.72% of the shares, totaling 70,146,515 shares[11] - The company’s controlling shareholder pledged 30 million shares, accounting for 42.77% of its holdings and 12.71% of the total share capital[13] Investments and Subsidiaries - The company provided a guarantee for a RMB 10 million loan for its subsidiary, Shenzhen Dawi Chuangxin Microelectronics Technology Co., Ltd., and a RMB 5 million loan was guaranteed by Shenzhen SME Financing Guarantee Co., Ltd.[13] - The company established several wholly-owned subsidiaries, including Shenzhen Dawi Lithium Battery Industry Co., Ltd., and received business licenses for them[14] - The company applied for a comprehensive credit facility of RMB 30 million from Guangdong Huaxing Bank, with RMB 15 million secured by its own property[15] - During the reporting period, the subsidiary Dawi Chuangxin received 1 design patent and 5 trademark registrations from the National Intellectual Property Administration[15] Other Financial Metrics - Research and development expenses for Q1 2023 were CNY 1,369,289.06, down from CNY 1,900,346.76 in the previous year, a decrease of 28%[22] - The company reported a significant increase in interest income to CNY 1,534,861.35 from CNY 213,544.72 year-on-year[23] - The company received 3,552,043.90 CNY in investment income, down 46.0% from 6,574,501.40 CNY in the previous period[25] - The company did not conduct an audit for the first quarter report[27]