皖通科技(002331) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥89,306,140.24, a decrease of 52.42% compared to ¥187,701,964.50 in the same period last year[3] - The net loss attributable to shareholders was ¥31,980,632.84, representing a 159.03% increase in loss from ¥12,346,444.05 year-on-year[3] - Basic earnings per share were -¥0.0780, a decline of 159.14% from -¥0.0301 in the previous year[4] - Net loss for Q1 2023 was ¥35,203,073.03, compared to a net loss of ¥13,548,102.55 in Q1 2022, representing a significant increase in losses[29] - Basic and diluted earnings per share for Q1 2023 were both -¥0.0780, compared to -¥0.0301 in Q1 2022, showing a worsening performance[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,638,947,487.11, down 1.11% from ¥2,668,658,006.10 at the end of the previous year[4] - The company's total assets decreased to ¥2,638,947,487.11 in Q1 2023 from ¥2,668,658,006.10 in Q1 2022, a decline of 1.1%[25] - Total liabilities increased slightly to ¥833,841,778.91 in Q1 2023 from ¥828,349,224.87 in Q1 2022, reflecting a 0.6% rise[25] Cash Flow - The company’s cash flow from operating activities showed a net outflow of ¥116,862,010.78, worsening by 21.24% from the previous year[3] - The net cash flow from operating activities was -116,862,010.78 CNY, compared to -96,385,134.12 CNY in the previous period, indicating a decline in operational cash flow[30] - The ending balance of cash and cash equivalents was 584,827,088.63 CNY, down from 650,326,133.14 CNY in the previous period, reflecting a decrease in liquidity[31] - Cash received from sales of goods and services was 224,946,674.23 CNY, down from 243,351,964.84 CNY in the previous period, indicating a decline in revenue generation[30] - Cash paid for purchasing goods and services was 258,121,567.81 CNY, up from 219,175,521.95 CNY in the previous period, indicating increased operational costs[30] Investments and Acquisitions - The company reported a 5206.08% increase in net cash flow from investing activities, primarily due to payments for acquisitions[9] - The company’s long-term equity investments grew by 3401.36% compared to the end of the previous year, mainly due to the acquisition of a subsidiary[8] - The company reported a cash acquisition of 70% equity in Huadong Lisheng for RMB 188.3 million, which has been completed and included in the consolidated financial statements[20] - The company is in the process of publicly transferring 100% equity of its subsidiary, Saiying Technology, with a minimum price of RMB 178.31 million based on an asset evaluation[18] - The company has successfully identified a qualified buyer for Saiying Technology, marking progress in its divestment strategy[19] Expenses - Research and development expenses increased by 206.31% compared to the end of the previous year, reflecting a significant investment in R&D[8] - The company’s sales expenses rose by 31.77% year-on-year, indicating increased investment in business expansion[9] - Research and development expenses for Q1 2023 were ¥11,282,274.81, down 23.5% from ¥14,778,218.60 in Q1 2022[27] Receivables and Inventory - The company experienced a 254.27% increase in receivables financing compared to the end of the previous year, attributed to an increase in bills[8] - The company’s accounts receivable decreased to RMB 581.68 million from RMB 715.1 million at the beginning of the year[23] - The company’s inventory increased to RMB 490.18 million from RMB 410.09 million at the beginning of the year[23] Legal Matters - The company has received a court ruling requiring Ankang Qiyun to pay RMB 25 million in performance bond, with additional penalties based on LPR[15] - The company has initiated legal proceedings against Jiangsu Nantang for unpaid prepayments totaling RMB 30 million[14]