遥望科技(002291) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 1,101,963,131.25, representing a 37.22% increase compared to CNY 803,059,472.48 in the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 38,035,169.52, a decrease of 143.88% from a profit of CNY 86,689,236.13 in the previous year[5] - The company reported a basic and diluted earnings per share of negative CNY 0.0417, down 143.76% from CNY 0.0953 in the previous year[5] - The company reported a net loss of ¥761,069,929.28 in retained earnings, worsening from a loss of ¥723,034,759.77 at the beginning of the year[18] - The total profit (loss) for the first quarter was -41,431,872.62 CNY, compared to a profit of 92,569,674.06 CNY in the previous year[21] Operating Costs and Expenses - The company experienced a significant increase in operating costs, which rose by 69.72% to CNY 1,001,595,718.49, attributed to the growth in social e-commerce business[7] - The company recorded a 41.24% increase in financial expenses, totaling CNY 7,514,342.16, due to increased financing amounts[7] - Total operating costs for Q1 2023 were ¥1,140,885,155.62, up 59.5% from ¥715,078,886.61 in Q1 2022[20] - The company reported an operating loss of ¥41,764,600.86 for Q1 2023, compared to an operating profit of ¥94,131,465.37 in Q1 2022[20] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 191,210,535.60, a decline of 738.02% compared to negative CNY 22,817,008.03 in the same period last year[7] - Cash flow from operating activities showed a net outflow of -191,210,535.60 CNY, compared to a net outflow of -22,817,008.03 CNY in the previous year[23] - Cash inflow from operating activities totaled 1,255,889,197.15 CNY, while cash outflow was 1,447,099,732.75 CNY for the first quarter[24] - The company reported cash and cash equivalents at the end of the period amounting to 811,579,912.41 CNY, down from 1,793,350,148.03 CNY at the end of the previous year[25] - Cash and cash equivalents decreased to ¥900,340,439.49 from ¥1,149,332,744.54 at the beginning of the year, a decline of 21.6%[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,820,865,106.97, an increase of 0.81% from CNY 6,766,212,049.83 at the end of the previous year[5] - Total current assets amounted to ¥3,733,975,035.46, slightly down from ¥3,772,202,516.24 at the beginning of the year[18] - Non-current assets increased to ¥3,086,890,071.51 from ¥2,994,009,533.59, reflecting a growth of 3.1%[18] - Total liabilities rose to ¥1,613,425,228.24, compared to ¥1,536,033,367.69 at the beginning of the year, an increase of 5.8%[18] Shareholder Information and Stock Options - The number of ordinary shareholders at the end of the reporting period was 49,005, with no preferred shareholders[10] - The company has repurchased a total of 4,755,591 shares, accounting for 0.52% of the total share capital, with a total expenditure of approximately RMB 68.52 million as of March 31, 2023[12] - The maximum and minimum transaction prices for the repurchased shares were RMB 16.39 and RMB 13.41 per share, respectively[12] - The company has canceled 770,542 stock options due to 23 incentive targets leaving the company, with 194,182 options reaching the exercise condition but not yet exercised[13] - The company’s stock option and restricted stock incentive plan has been approved by the shareholders, aiming to enhance corporate governance and attract key personnel[15] Investment Activities - The company’s subsidiary invested RMB 100 million in Shenzhen GaoTou YiDa Venture Capital Partnership, holding a 20% share in the fund, which focuses on new generation information technology and new materials[14] - The company plans to implement a stock option incentive plan in 2023, proposing to grant 40 million stock options to incentivized individuals[15] Financing Activities - The company raised 240,000,000.00 CNY through borrowings during the first quarter, compared to 187,260,000.00 CNY in the same period last year[24] - The net cash flow from financing activities was 47,046,439.59 CNY, a recovery from a net outflow of -20,256,585.66 CNY in the previous year[25] - The company received 1,108,817.02 CNY in tax refunds related to operating activities during the first quarter[24]