Bojay(SZ:002975)2023-04-25 16:00Financial Performance - The company's revenue for Q1 2023 was ¥194,357,362.51, a decrease of 25.97% compared to ¥262,537,977.84 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥10,552,584.47, representing a decline of 122.92% from a profit of ¥46,031,932.41 in the previous year[5] - Net profit for Q1 2023 was a loss of CNY 14,069,562.62, compared to a profit of CNY 46,596,243.97 in the same period last year[23] - The company recorded a loss from operating profit of CNY 19,850,498.88, compared to a profit of CNY 49,233,617.96 in the previous year[23] - The total comprehensive income attributable to the parent company was -10,308,979.29 CNY, compared to 45,890,391.00 CNY in the previous period[24] - Basic and diluted earnings per share were both -0.08 CNY, down from 0.33 CNY in the previous period[24] Cash Flow - The net cash flow from operating activities improved to ¥15,115,532.77, a significant increase of 151.70% compared to a negative cash flow of ¥29,237,887.77 in the same period last year[11] - Net cash flow from operating activities was 15,115,532.77 CNY, a significant improvement from -29,237,887.77 CNY in the previous period[24] - Cash inflow from operating activities totaled 342,909,808.53 CNY, compared to 277,134,129.63 CNY in the previous period[24] - Cash outflow from operating activities was 327,794,275.76 CNY, up from 306,372,017.40 CNY in the previous period[24] - Cash flow from investing activities resulted in a net outflow of -116,128,109.68 CNY, an improvement from -383,770,546.90 CNY in the previous period[25] - The net increase in cash and cash equivalents was -102,112,097.66 CNY, an improvement from -425,763,724.16 CNY in the previous period[25] - The ending balance of cash and cash equivalents was 286,545,780.65 CNY, compared to 271,433,303.57 CNY in the previous period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,508,388,047.74, down 3.54% from ¥2,600,542,752.50 at the end of the previous year[5] - Total current assets decreased from 1,954,296,770.69 to 1,808,686,351.67, a reduction of approximately 7.45%[19] - Cash and cash equivalents decreased from 411,127,878.31 to 309,356,478.34, a decline of about 24.74%[19] - Accounts receivable decreased from 521,110,281.54 to 437,833,710.70, a decrease of approximately 15.94%[19] - The company's total liabilities decreased to CNY 777,032,492.31 from CNY 855,350,078.56, a reduction of 9.1%[21] - The total equity attributable to shareholders of the parent company was CNY 1,693,422,142.73, down from CNY 1,703,742,283.09, a decrease of 0.6%[21] - The total liabilities and equity amounted to CNY 2,508,388,047.74, down from CNY 2,600,542,752.50, a decrease of 3.5%[21] Research and Development - Research and development expenses increased by 67.29% to ¥48,545,788.76, up from ¥29,019,535.79 in the same period last year[10] - Research and development expenses increased to CNY 48,545,788.76, up from CNY 29,019,535.79, representing a significant increase of 67.6%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,424[14] - The largest shareholder, Wang Zhaochun, holds 23.25% of shares, totaling 32,400,000 shares[14] Other Financial Metrics - The weighted average return on equity was -0.62%, down from 2.84% in the same period last year[5] - The company reported a significant increase in credit impairment losses of CNY 3,635,960.59 compared to a reversal of CNY 2,090,586.32 in the previous year[23] - Other comprehensive income after tax was CNY 243,605.18, compared to a loss of CNY 141,541.41 in the previous year[23] - The company has a total of 1,250,000 shares held in the repurchase special securities account[15] - The company’s goodwill remains stable at 30,810,562.03[19] - The company’s total liabilities include short-term borrowings of 13,810,980.22[19]