古鳌科技(300551) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥140,135,007.41, representing a 38.61% increase compared to ¥101,102,708.13 in the same period last year[5]. - The net profit attributable to shareholders was -¥15,107,316.73, a significant decline of 631.79% from -¥2,064,434.61 year-on-year[5]. - The total operating revenue for Q1 2023 was CNY 140,135,007.41, an increase from CNY 101,102,708.13 in the same period last year, representing a growth of approximately 38.6%[22]. - The net profit for Q1 2023 was a loss of CNY 14,346,034.86, compared to a loss of CNY 160,735.26 in Q1 2022, reflecting a significant increase in losses[23]. - The total comprehensive income attributable to the parent company was -15,107,245.23 CNY, a decrease of 2,064,434.61 CNY compared to the previous period[24]. - Basic and diluted earnings per share were both -0.04 CNY, compared to -0.01 CNY in the previous period[24]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥56,759,742.93, a 43.35% reduction in losses compared to -¥100,192,661.73 in the previous year[5]. - Cash inflow from operating activities totaled 243,896,613.75 CNY, up from 126,181,773.72 CNY year-over-year[25]. - Cash outflow from operating activities increased to 300,656,356.68 CNY, compared to 226,374,435.45 CNY in the previous period[25]. - The net cash flow from investing activities was -21,837,589.95 CNY, slightly worse than -20,870,985.53 CNY in the previous period[26]. - The net cash flow from financing activities was -6,352,426.51 CNY, a significant decrease from 547,361,187.73 CNY in the previous period[26]. - The ending cash and cash equivalents balance was 562,497,897.31 CNY, down from 689,751,470.25 CNY in the previous period[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,556,965,454.51, down 1.95% from ¥1,587,996,728.80 at the end of the previous year[5]. - The total liabilities decreased to CNY 480,987,735.33 from CNY 498,968,384.56, showing a reduction of approximately 3.5%[20]. - The total current assets decreased to ¥1,041,448,304.92, down 3.03% from ¥1,074,108,082.79 at the beginning of the year[18]. Expenses - The total operating costs for Q1 2023 were CNY 152,479,592.92, up from CNY 102,492,791.45, indicating a rise of about 48.8%[22]. - The company reported a 74.00% increase in selling expenses, totaling ¥90,703,676.40, driven by higher employee compensation and sales service fees[9]. - The company’s financial expenses rose by 143.00% to ¥320,359.53, mainly due to increased fees and interest on lease liabilities[9]. - Research and development expenses for Q1 2023 were CNY 11,922,900.28, compared to CNY 11,360,655.40 in the previous year, indicating a slight increase in investment in innovation[22]. Receivables and Inventory - Accounts receivable increased by 31.00% to ¥128,447,676.32, primarily due to an increase in trade receivables during the reporting period[9]. - Other receivables increased to ¥44,047,103.97, up from ¥39,306,525.95 at the beginning of the year, indicating a growth of 12.03%[18]. - Inventory rose to ¥146,557,287.97, reflecting an increase of 9.36% from ¥133,441,296.84 at the beginning of the year[18]. Shareholder Equity - The total equity attributable to shareholders decreased by 1.32% to ¥1,057,430,058.90 from ¥1,071,579,660.75 at the end of the previous year[5]. - The company did not report any net profit from subsidiaries prior to consolidation during the current or previous periods[24]. - The total number of restricted shares held by executives is 90,766,684 shares, with no shares released during the reporting period[15]. Strategic Developments - The company signed a strategic cooperation agreement with Yunnan Yunshi Industrial Co., Ltd. on April 7, 2023, to establish a subsidiary with an investment of ¥5.1 million[16]. - The newly established subsidiary, Beijing Guoao New Energy Technology Co., Ltd., completed its business registration on April 21, 2023[16]. - The company is subject to regulatory scrutiny as indicated by a notice issued by the Shenzhen Stock Exchange regarding its controlling shareholder[16]. Operational Focus - The company is focusing on improving operational efficiency and exploring new market opportunities to counterbalance the rising costs and losses reported in Q1 2023[23].