ST摩登(002656) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥90,491,706.98, representing a 29.15% increase compared to ¥70,067,102.60 in the same period last year[5] - The net loss attributable to shareholders was ¥53,551,632.88, a significant increase of 384.02% from a loss of ¥11,063,887.18 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 90,491,706.98, an increase of 29.3% compared to CNY 70,067,102.60 in the same period last year[35] - Net loss for Q1 2023 was CNY 53,556,419.15, compared to a net loss of CNY 11,075,431.38 in Q1 2022, indicating a significant decline in profitability[36] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥12,790,338.33, up 123.15% from ¥5,731,797.20 in the prior year[5] - Cash inflow from operating activities was 87,470,922.99, an increase from 56,092,947.21 in the previous period, representing a growth of approximately 55.9%[37] - Net cash flow from operating activities was 12,790,338.33, up from 5,731,797.20, indicating a significant increase of about 123.5%[37] - The cash and cash equivalents at the end of the period were 85,564,663.21, down from 284,357,321.06 in the previous period[39] - The impact of exchange rate changes on cash and cash equivalents was -646,516.56, contrasting with a positive impact of 1,487,450.60 in the previous period[39] - The company’s cash and cash equivalents decreased by 2,514,000.40 during the period, compared to a decrease of 25,047.23 in the previous period[39] Assets and Liabilities - The total assets decreased by 10.01% to ¥711,195,574.65 from ¥790,328,074.33 at the end of the previous year[5] - Total liabilities decreased to CNY 260,522,314.11 from CNY 283,508,849.31, representing a decline of about 8.1%[32] - The equity attributable to shareholders of the parent company decreased to CNY 449,717,832.02 from CNY 505,859,010.23, a drop of approximately 11%[33] - As of March 31, 2023, the company's total current assets amounted to RMB 499,263,821.52, a decrease from RMB 573,261,249.71 at the beginning of the year[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,418[9] - The company reported a total of 14,072,800 shares held by Guangzhou Ruifeng Group through a client credit trading guarantee securities account[10] - The company’s controlling shareholder, Ruifeng Group, has reduced its holdings by 6,875,000 shares, representing approximately 0.9649% of the total share capital[16] - The actual controller, Lin Yongfei, has reduced his holdings by 2,800,000 shares, which is about 0.3930% of the total share capital[17] - A judicial auction of 19,200,000 shares held by a related party was completed, with the shares sold for 58,615,600 RMB, accounting for approximately 2.6947% of the total share capital[19] Legal and Regulatory Issues - The company was fined 400,000 RMB for failing to disclose related party transactions and other violations, with the responsible personnel also receiving fines totaling 600,000 RMB[13] - The company is involved in a lawsuit against Macau International Bank, seeking the return of 50,320,833.33 RMB plus interest due to unauthorized deductions[15] - The company reported a total debt claim of RMB 321,063,002.08 against its controlling shareholder, Ruifeng Group, due to fund occupation and guarantee violations[22] - The company’s controlling shareholder, Ruifeng Group, was declared bankrupt, with the court accepting the bankruptcy petition on September 19, 2022[21] Operational Independence and Future Plans - The company has maintained operational independence from its controlling shareholder, ensuring no significant impact on daily operations due to the bankruptcy proceedings[26] - The company plans to continue expanding its market presence and developing new products, although specific details were not disclosed in the report[6] Cost Management - The company is focusing on cost control measures, as evidenced by a decrease in management expenses from CNY 21,553,122.55 to CNY 14,631,354.66, a reduction of approximately 32.2%[35] - Research and development expenses for Q1 2023 were CNY 803,123.11, down from CNY 1,125,361.09, indicating a reduction of approximately 28.7%[35] Auditor Changes - The company has appointed Zhongxi Accounting Firm as its new auditor for the 2022 annual audit after terminating its previous auditor[27]