华星创业(300025) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥153,399,400.36, representing a 5.58% increase compared to ¥145,287,827.57 in the same period last year[5] - The net loss attributable to shareholders was ¥5,549,757.60, a decrease of 228.64% from a loss of ¥1,688,697.91 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0110, down 182.05% from -¥0.0039 in the previous year[5] - The total operating revenue for Q1 2023 was CNY 153,399,400.36, an increase of 5.3% compared to CNY 145,287,827.57 in Q1 2022[14] - The net loss for Q1 2023 was CNY 6,176,361.95, compared to a net loss of CNY 1,785,412.34 in Q1 2022, indicating a significant decline in profitability[16] - The gross profit margin decreased, with operating profit recorded at CNY -6,541,840.10 for Q1 2023, compared to CNY -2,118,463.67 in Q1 2022[14] - The basic and diluted earnings per share for Q1 2023 were both CNY -0.0110, compared to CNY -0.0039 in Q1 2022, indicating a worsening financial performance per share[16] Cash Flow - The net cash flow from operating activities was -¥36,696,977.36, a decline of 871.80% compared to ¥4,754,744.20 in the same period last year[5] - The cash flow from operating activities was CNY 160,196,423.65, down from CNY 188,600,796.89 in Q1 2022, indicating a decrease in cash generation[18] - The net cash flow from operating activities for Q1 2023 was -36,696,977.36 CNY, compared to a positive cash flow of 4,754,744.20 CNY in Q1 2022[19] - Total cash inflow from investment activities was 53,157,260.30 CNY, while cash outflow was 103,673,413.34 CNY, resulting in a net cash flow of -50,516,153.04 CNY for Q1 2023[19] - Cash inflow from financing activities amounted to 30,000,000.00 CNY, with total cash outflow of 21,051,916.68 CNY, leading to a net cash flow of 8,948,083.32 CNY[20] - The ending balance of cash and cash equivalents was 166,348,691.09 CNY, down from 244,790,327.04 CNY at the beginning of the period[20] - The company reported a total operating cash inflow of 162,848,187.42 CNY, while total operating cash outflow was 199,545,164.78 CNY[19] - The total cash and cash equivalents decreased by 78,441,635.95 CNY during the quarter[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥945,195,899.04, an increase of 0.82% from ¥937,473,085.23 at the end of the previous year[5] - Current assets decreased to RMB 645,290,988.89 from RMB 756,234,818.53, representing a decline of about 14.66%[12] - The total liabilities as of Q1 2023 were CNY 273,498,599.06, compared to CNY 263,913,848.30 in the previous year, showing an increase in financial obligations[14] - The total equity attributable to shareholders was CNY 671,948,964.89, slightly down from CNY 673,184,297.49 in Q1 2022[14] Expenses - The company reported a significant increase in management expenses by 82.33%, primarily due to stock incentive expenses and amortization of licensing fees[8] - The total operating costs for Q1 2023 were CNY 163,964,875.92, up 8.8% from CNY 150,654,774.82 in the same period last year[14] - Research and development expenses increased to CNY 7,144,051.98 in Q1 2023, compared to CNY 6,894,397.88 in the previous year, reflecting ongoing investment in innovation[14] - Payments to employees increased to 50,164,913.92 CNY from 42,397,480.57 CNY year-over-year[19] Strategic Initiatives - The company has entered the digital economy sector by obtaining rights to develop AR applications and virtual reality products based on the "Three-Body" series, indicating a strategic expansion into new technology[10] - The company is collaborating with leading firms in the AR and virtual reality space to explore various cooperation possibilities, which may enhance its market position[10] - The development cycle for new products remains uncertain, highlighting potential investment risks associated with these initiatives[10] - The company reported a significant focus on enhancing its technological capabilities and product offerings in the digital economy segment[10] Other Information - The company’s intangible assets increased by 6005.74% due to the acquisition of licensing rights from a partner[8] - The company’s cash flow from investing activities decreased by 1649.10% due to a ¥100 million payment for licensing rights[8] - The number of ordinary shareholders at the end of the reporting period was 18,867, with the largest shareholder holding 24.06% of the shares[8] - The company’s financial expenses decreased by 78.41% due to a significant reduction in financing scale and an increase in deposit scale[8] - The first quarter report was not audited[21]