COL(SZ:300364)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥288,456,458, representing a 24.79% increase compared to ¥231,156,035.50 in the same period last year[9] - The net profit attributable to shareholders of the listed company was -¥37,219,440.22, a decline of 130.32% from -¥16,159,755.86 year-on-year[9] - The net cash flow from operating activities was -¥49,966,971.05, a significant decrease of 601.93% compared to ¥9,955,046.84 in the previous year[9] - The company's basic earnings per share were -¥0.0509, a decline of 129.28% from -¥0.0222 in the same period last year[9] - The weighted average return on net assets was -3.28%, compared to -1.04% in the previous year, indicating a worsening financial performance[9] - The company reported a total operating cost of ¥344,158,030.51 for the quarter, compared to ¥248,371,738.08 in the same period last year[18] - Operating profit was -35,358,141.04, worsening from -15,761,228.02 in the previous period[27] - Total comprehensive income attributable to the parent company was -41,164,752.08, compared to -17,374,842.49 in the previous period[22] - The company recorded a net loss of -40,813,615.00 in total comprehensive income, compared to -18,258,946.21 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,771,993,026.99, down 4.98% from ¥1,864,833,071.02 at the end of the previous year[9] - The total liabilities amounted to ¥596,300,630.40, a decrease from ¥652,674,676.84 in the previous year[16] - The total equity attributable to shareholders of the listed company was ¥1,116,421,211.73, down 3.22% from ¥1,153,520,871.57 at the end of the previous year[9] - The company's cash and cash equivalents decreased to ¥217,873,825.46 from ¥510,181,151.50 at the beginning of the year[10] - The company's cash and cash equivalents decreased by 57.29% to 217,873,825.46 from 510,181,151.50[27] Revenue and Expenses - Sales expenses increased by 94.53% to 130,542,999.27 from 67,108,442.77, primarily due to increased promotional expenses[27] - Investment income decreased by 157.90% to -2,163,615.43 from 3,736,825.98, mainly due to reduced returns from financial product investments[27] - Fair value changes resulted in a gain of 20,041,575.63, a significant increase of 470.86% compared to the previous loss of -5,404,038.33[27] - The company reported a total revenue of 147,716,321.63, an increase of 43.27% from 103,106,384.95[27] - The company experienced a 239.05% increase in other current assets, rising to 86,269,823.74 from 25,444,727.69[27] Cash Flow - Cash inflows from operating activities amounted to approximately RMB 324.71 million, compared to RMB 300.41 million in the previous period, indicating a growth of about 8.06%[32] - Cash outflows from operating activities totaled RMB 374.68 million, resulting in a net cash flow from operating activities of approximately -RMB 49.97 million, a decline from RMB 9.96 million in the previous period[32] - The company experienced a net cash outflow from investing activities of approximately RMB 186.49 million, compared to RMB 177.82 million in the previous period[34] - Cash inflows from financing activities amounted to approximately RMB 34.95 million, while cash outflows totaled RMB 88.63 million, resulting in a net cash flow from financing activities of approximately -RMB 53.67 million[34] - The ending cash and cash equivalents balance is approximately RMB 200.44 million, down from RMB 256.50 million in the previous period[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 66,228, with the top 10 shareholders holding significant stakes[28] - The largest shareholder, Tong Zhilei, holds 11.95% of shares, while Shenzhen Litong Industrial Investment Fund holds 4.98%[28] Company Strategy - The report indicates that the company is focusing on expanding its market presence and enhancing its product offerings[30] - The company has established relationships with major shareholders, including Shenzhen Litong Industrial Investment Fund and Shanghai Yuewen Information Technology Co., Ltd[28] Audit Status - The company has not undergone an audit for the first quarter report[35]