ELECSPN(SZ:002935)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥125,286,230.65, representing a 77.15% increase compared to ¥70,724,806.70 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥10,854,292.45, an improvement of 10.37% from a loss of ¥12,109,736.26 in the previous year[5] - The company's basic earnings per share were -¥0.0401, an improvement of 10.49% from -¥0.0448 in the same period last year[5] - The net loss attributable to the parent company for Q1 2023 was ¥10,854,292.45, compared to a net loss of ¥12,109,736.26 in Q1 2022, showing an improvement of approximately 10.4%[22] - The total comprehensive loss for Q1 2023 was ¥10,854,292.45, compared to a loss of ¥12,109,736.26 in Q1 2022, marking an improvement of approximately 10.4%[22] Cash Flow and Investments - The net cash flow from operating activities was -¥126,848,202.87, a significant decline of 3,318.44% compared to -¥3,710,708.85 in the same period last year[11] - The cash flow from operating activities for Q1 2023 was a net outflow of ¥126,848,202.87, compared to a net outflow of ¥3,710,708.85 in Q1 2022, reflecting a significant increase in cash outflow[24] - The total cash outflow from investing activities in Q1 2023 was ¥8,744,765.89, compared to ¥159,014,549.51 in Q1 2022, indicating a decrease in cash outflow by approximately 94.5%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,481,375,083.02, down 3.60% from ¥2,574,137,690.02 at the end of the previous year[5] - The company's total liabilities increased, with contract liabilities rising by 39.70% to ¥66,494,862.53 due to pre-received customer payments[9] - Total liabilities decreased to CNY 986,870,266.56 from CNY 1,072,684,020.95, a decline of 8.0%[18] - The total equity attributable to shareholders was CNY 1,494,504,816.46, down from CNY 1,501,453,669.07, a decrease of 0.5%[18] Operating Costs and Revenue - Operating costs for Q1 2023 were ¥92,695,539.84, an increase of 84.92% from ¥50,127,196.26 in the previous year, primarily due to increased revenue[10] - Total operating costs for Q1 2023 were ¥136,807,020.29, up from ¥86,746,848.06 in the same period last year, indicating a rise of about 57.7%[21] - The company experienced a significant increase in sales revenue, with cash received from sales of goods and services totaling ¥128,500,512.91 in Q1 2023, down from ¥198,924,077.71 in Q1 2022[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,631, with the largest shareholder being China Electronics Technology Group Corporation, holding 40.03%[13] Other Financial Metrics - The company reported a significant decrease in investment income, which dropped to zero from ¥1,193,424.66 in the previous year due to no financial products being purchased[10] - The company experienced a 57.55% increase in other receivables, totaling ¥13,740,438.83, mainly due to performance guarantee deposits paid during the period[8] - The company's cash and cash equivalents decreased to CNY 651,932,480.01 from CNY 787,525,448.77 at the beginning of the year, representing a decline of 17.2%[17] - Accounts receivable increased to CNY 581,080,020.89 from CNY 562,759,368.62, showing a growth of 3.2%[17] - Inventory rose to CNY 635,550,816.61 from CNY 583,283,944.44, reflecting an increase of 8.9%[17] Research and Development - Research and development expenses for Q1 2023 were ¥6,753,082.84, slightly down from ¥7,174,826.37 in Q1 2022, indicating a decrease of about 5.9%[21] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[19]