东土科技(300353) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was approximately ¥174.35 million, representing a 72.95% increase compared to ¥100.81 million in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥60.80 million, an improvement of 6.93% from a loss of ¥65.33 million in the previous year[3]. - The company achieved over ¥250 million in revenue from network services and industrial internet solutions, reflecting a growth of over 50% year-on-year[7]. - The company reported a significant increase in revenue from its operating system and industrial software business, with a growth rate of nearly 100% compared to the previous year[7]. - The net profit for Q1 2023 was -65,382,271.10 CNY, compared to -71,252,139.45 CNY in Q1 2022, indicating an improvement of approximately 8.5% year-over-year[25]. - Total comprehensive income for Q1 2023 was -65,279,234.27 CNY, compared to -71,440,718.35 CNY in Q1 2022, reflecting an improvement of approximately 8.5%[25]. Cash Flow and Investments - The net cash flow from operating activities was a negative ¥104.83 million, which is a decline of 82.57% compared to a negative ¥57.42 million in the same period last year[3]. - The net cash flow from financing activities surged by 517.60% to ¥84,099,857.96, mainly due to new bank loans to support business development[12]. - Cash flow from operating activities showed a net outflow of -104,834,821.54 CNY, worsening from -57,420,472.66 CNY in Q1 2022[27]. - Cash flow from financing activities generated a net inflow of 84,099,857.96 CNY, compared to a net outflow of -20,138,990.07 CNY in the previous year, indicating a significant turnaround[28]. - The company reported a decrease in investment losses to -3,308,653.93 CNY from -37,984.87 CNY year-over-year, indicating a significant reduction in losses[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2.79 billion, a slight increase of 0.93% from ¥2.76 billion at the end of the previous year[3]. - The company's equity attributable to shareholders decreased by 5.75% to ¥951.48 million from ¥1.01 billion at the end of the previous year[3]. - Total current assets rose to CNY 1.67 billion from CNY 1.64 billion, marking an increase of about 1%[21]. - Total liabilities increased to CNY 1.74 billion from CNY 1.66 billion, reflecting a growth of approximately 5.3%[22]. - Cash and cash equivalents at the end of the period were CNY 245.96 million, down from CNY 289.71 million at the beginning of the year, reflecting a decrease of approximately 15%[21]. Operational Metrics - The gross profit margin improved by 2.67 percentage points compared to the same period last year due to enhanced supply chain management[8]. - Operating costs increased to ¥103,500,522.33, reflecting a 65.51% growth year-on-year, primarily due to the rise in revenue[12]. - Total operating costs amounted to CNY 239.75 million, up from CNY 184.40 million, indicating an increase of about 30%[24]. - Research and development expenses increased to 54,740,435.08 CNY from 46,996,474.33 CNY, reflecting a growth of about 16.5% year-over-year[25]. - The company has a backlog of unexecuted orders exceeding ¥1.3 billion, providing a solid foundation for future performance growth[9]. Market Strategy - The company signed new orders worth approximately ¥300 million in the industrial-grade network communication business, a nearly 40% increase year-on-year[9]. - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[22].