Zhongyan Technology (SZ:003001)2023-04-28 16:00Financial Performance - The company's revenue for Q1 2023 was ¥142,349,277.38, a decrease of 23.48% compared to ¥186,035,488.92 in the same period last year[5] - The net loss attributable to shareholders was ¥9,652,083.15, representing a decline of 250.17% from a profit of ¥6,427,476.89 in the previous year[5] - Total operating revenue for Q1 2023 was CNY 142,349,277.38, a decrease of 23.5% compared to CNY 186,035,488.92 in Q1 2022[17] - Net profit for Q1 2023 was a loss of CNY 10,768,100.71, compared to a profit of CNY 6,015,393.79 in Q1 2022, indicating a significant decline in profitability[18] - The company's basic and diluted earnings per share were both -¥0.08, down 260.00% from ¥0.05 in the same period last year[5] - The company reported a basic and diluted earnings per share of -CNY 0.08 for Q1 2023, compared to CNY 0.05 in Q1 2022[19] Cash Flow and Investments - The net cash flow from operating activities improved by 27.16%, amounting to -¥120,069,727.42 compared to -¥164,829,660.65 in the prior year[5] - The cash flow from investing activities showed a significant improvement, with a net inflow of ¥119,350,779.81 compared to a net outflow of -¥116,966,084.43 in the previous year[8] - Cash inflow from investment activities increased significantly to 180,261,780.44 CNY, compared to 95,125,267.66 CNY in the prior period, reflecting a strong recovery in investment returns[21] - The company received 180,000,000.00 CNY from investment recoveries, a significant increase from 95,000,000.00 CNY in the last period[21] - The net cash flow from financing activities was 12,198,986.99 CNY, down from 26,132,266.47 CNY in the previous period, showing a decrease in financing inflows[21] Assets and Liabilities - Total assets decreased by 7.34% to ¥2,041,025,803.46 from ¥2,202,594,755.46 at the end of the previous year[5] - The company's total assets decreased to CNY 2,041,025,803.46 in Q1 2023 from CNY 2,202,594,755.46 in Q1 2022, reflecting a reduction of approximately 7.3%[16] - The total liabilities decreased to CNY 832,525,769.09 in Q1 2023 from CNY 995,000,929.51 in Q1 2022, a reduction of approximately 16.3%[16] - Current liabilities totaled CNY 800,941,813.91 in Q1 2023, down 16.9% from CNY 964,135,402.02 in the same period last year[16] - The company's total liabilities decreased, with short-term borrowings down by 56.39% to ¥6,933,744.25 from ¥15,898,532.18 at the end of the previous year[8] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,520[9] - The largest shareholder, Wang Lijian, holds 27.01% of the shares, totaling 34,504,227 shares[9] - The company has a total of 7,622,305 shares held by Shijiazhuang Zhongyan Investment Management Center, accounting for 5.97% of the shares[9] - The company has not disclosed any related party transactions among the top ten shareholders[9] Research and Development - Research and development expenses decreased by 35.65% to ¥9,290,764.09 from ¥14,438,618.70 in the same period last year[8] - Research and development expenses for Q1 2023 were CNY 9,290,764.09, a decrease of 35.5% from CNY 14,438,618.70 in the previous year[17] Other Financial Metrics - The company experienced a 46.16% increase in other receivables, totaling ¥36,058,204.60, primarily due to increased deposits and advances[8] - The accounts receivable decreased from RMB 837,292,118.67 at the beginning of the year to RMB 790,652,960.67[14] - The trading financial assets decreased from RMB 220 million to RMB 80 million[14] - The company's other receivables increased from RMB 24,669,650.26 to RMB 36,058,204.60[14] - The cash and cash equivalents at the end of the first quarter amount to RMB 502,232,015.50, an increase from RMB 490,626,646.67 at the beginning of the year[14]