EASA(SZ:300215)2023-04-26 16:00Financial Performance - The company's revenue for Q1 2023 was ¥132,009,790.10, a decrease of 20.89% compared to ¥166,861,643.14 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥11,349,358.02, representing a decline of 177.81% from a profit of ¥14,586,872.67 in Q1 2022[7]. - The company's basic and diluted earnings per share were both -¥0.02, a decrease of 200.00% from ¥0.02 in Q1 2022[7]. - Total operating revenue for Q1 2023 was CNY 132,009,790.10, a decrease of 20.9% compared to CNY 166,861,643.14 in the same period last year[22]. - Net profit for Q1 2023 was a loss of CNY 11,163,402.44, compared to a profit of CNY 14,994,535.39 in Q1 2022[23]. - The company's operating profit for Q1 2023 was a loss of CNY 14,574,099.49, down from a profit of CNY 17,937,333.38 in the previous year[23]. - The company reported a total comprehensive loss of CNY 11,163,402.44 for Q1 2023, compared to a comprehensive income of CNY 14,994,535.39 in the same period last year[24]. Cash Flow and Assets - The net cash flow from operating activities increased by 7.53% to ¥91,888,624.60, compared to ¥85,452,725.52 in the previous year[7]. - The total assets at the end of Q1 2023 were ¥2,953,832,972.93, down 12.81% from ¥3,387,660,681.44 at the end of the previous year[7]. - The company's cash and cash equivalents decreased significantly from CNY 438,862,830.01 at the beginning of the year to CNY 214,449,906.69, representing a decline of about 51.1%[19]. - The total current assets decreased from CNY 715,845,923.06 to CNY 346,119,743.46, reflecting a decline of approximately 51.6%[20]. - The total cash and cash equivalents at the end of Q1 2023 stood at CNY 123,937,490.05, down from CNY 756,492,680.95 at the end of Q1 2022, a decrease of about 83.7%[27]. Liabilities and Equity - The company's total liabilities decreased by 53.59% to ¥285,678,843.07, primarily due to repayment of bank loans during the reporting period[12]. - The total liabilities as of Q1 2023 were CNY 982,566,890.77, down from CNY 1,405,231,196.84 year-over-year[21]. - The total equity attributable to shareholders of the parent company was CNY 1,962,651,896.57, a slight decrease from CNY 1,974,001,254.59 in the previous year[21]. Inventory and Expenses - The company's inventory decreased by 70.80% to ¥405,692.44, mainly due to a reduction in raw materials[12]. - The company reported a significant reduction in inventory from CNY 1,389,362.23 to CNY 405,692.44, a decrease of about 70.8%[20]. - The company's management expenses increased by 50.69% to ¥25,562,163.96, attributed to an increase in management personnel[14]. - The company reported a significant decrease in sales expenses by 69.44% to ¥399,964.70, primarily due to reduced business volume[14]. - Research and development expenses for Q1 2023 were CNY 14,391,292.72, a decrease from CNY 16,740,545.47 in the same period last year[23]. Shareholder Information - The company has a major shareholder, China Inspection and Certification Group Testing Technology Co., Ltd., holding 25.09% of the shares, totaling 190,250,000 shares[16]. - The second-largest shareholder, Hu Delin, holds 23.55% of the shares, totaling 178,614,733 shares[16]. Management Changes and Strategy - The company has undergone changes in leadership, including the replacement of the chairman and general manager in January 2023[17]. - The company has not reported any new product developments or market expansion strategies in the current quarter[18]. Investment Activities - The total cash inflow from investment activities was CNY 185,683,534.83, compared to CNY 276,581,082.24 in the same period last year, indicating a decrease of about 32.8%[27]. - The cash flow from the disposal of fixed assets was CNY 86,979.26, a notable increase from CNY 2,870.99 in Q1 2022, representing a growth of approximately 2,925.5%[27]. - The company reported a cash inflow from loans of CNY 135,000,000.00, a significant drop from CNY 513,226,388.89 in the previous year, reflecting a decrease of about 73.8%[27].