NEW JCM(SZ:300157)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥204,934,728.76, representing a 217.16% increase compared to ¥64,614,797.19 in the same period last year[4]. - The net loss attributable to shareholders was ¥35,942,458.79, an improvement of 24.45% from a loss of ¥47,575,089.27 in the previous year[4]. - The basic earnings per share were -¥0.05, an improvement of 28.57% from -¥0.07 in the same period last year[4]. - The net loss for Q1 2023 was ¥36,126,109.22, an improvement from a net loss of ¥48,025,376.35 in Q1 2022, reflecting a reduction in losses of approximately 24.5%[23]. - The total comprehensive income for the first quarter was -38,044,388.65 CNY, compared to -46,203,772.03 CNY in the previous year, showing an improvement of approximately 17.5%[24]. Cash Flow - The net cash flow from operating activities decreased by 794.73%, amounting to -¥48,704,395.77, compared to a positive cash flow of ¥7,010,505.92 in the same period last year[4]. - Cash inflow from operating activities totaled 104,999,433.73 CNY, down 11.5% from 118,613,506.50 CNY year-on-year[26]. - The cash outflow from operating activities increased to 153,703,829.50 CNY, compared to 111,603,000.58 CNY in the previous year, marking an increase of approximately 37.7%[27]. - The net cash flow from investing activities was -5,913,655.94 CNY, a decline from 238,164.38 CNY in the previous year[27]. - The net cash flow from financing activities was -56,196,932.77 CNY, compared to a positive 7,292,514.17 CNY in the same period last year[27]. - The ending cash and cash equivalents balance was 43,445,467.38 CNY, down from 111,406,851.02 CNY year-on-year[27]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,050,437,463.37, down 8.33% from ¥2,236,781,182.75 at the end of the previous year[4]. - Current liabilities totaled ¥1,535,786,479.76 in Q1 2023, down from ¥1,678,955,483.17 in Q1 2022, representing a decrease of approximately 8.5%[20]. - The total equity attributable to shareholders decreased to ¥195,560,010.33 in Q1 2023 from ¥235,018,210.50 in Q1 2022, a decline of approximately 16.8%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,717[10]. - The largest shareholder, Li Liping, holds 14.68% of the shares, with 47,732,700 shares pledged[10]. - The top ten shareholders hold a significant portion of the company's shares, with the largest shareholder, Li Liping, holding 104,521,480 shares[11]. Operational Costs - The company reported a 275.5% increase in operating costs, primarily due to the increase in revenue[7]. - Total operating costs for Q1 2023 were ¥224,767,862.25, compared to ¥97,764,617.38 in the same period last year, indicating an increase of about 130.0%[22]. - Sales expenses increased by 132.10%, attributed to intensified market expansion efforts[7]. Financing and Debt - The company plans to issue up to 213,633,743 shares to specific investors, raising a total of no more than ¥664,400,900, aimed at replenishing working capital and repaying debts[14]. - As of March 31, 2023, the total principal amount of loans provided by the controlling shareholder, Shuoshen Technology, to the company was ¥273,271,900, including ¥183,000,000 converted to perpetual bonds[15]. - The company is currently facing financial pressure and is actively seeking to resolve debt issues through various financing strategies[15]. Research and Development - Research and development expenses for Q1 2023 were ¥4,075,723.37, slightly down from ¥4,095,376.95 in Q1 2022, indicating a decrease of about 0.5%[23]. - The company has not disclosed any new product developments or technological advancements in this quarter[13]. Market Presence and Future Outlook - There is an ongoing effort to expand market presence, although specific details were not provided in the report[14]. - The future outlook remains cautious due to the current financial challenges and market conditions[15]. - The company has not reported any mergers or acquisitions during this quarter[13].