GRKJ(SZ:300600)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥44,677,813.42, a decrease of 9.42% compared to ¥49,321,533.79 in the same period last year[5] - The net loss attributable to shareholders was ¥5,812,177.77, an improvement of 24.54% from a loss of ¥7,702,229.21 in the previous year[5] - The total comprehensive income attributable to the parent company was -5,812,177.77 yuan, compared to -7,702,229.21 yuan in the previous period, indicating an improvement of approximately 24.5%[18] - Net loss for Q1 2023 was CNY 6,274,416.09, an improvement from a net loss of CNY 8,030,240.71 in Q1 2022[17] Cash Flow - The net cash flow from operating activities increased significantly by 3,569.98%, reaching ¥27,684,525.32, compared to ¥754,351.07 in the same period last year[5] - The net cash flow from operating activities was 27,684,525.32 yuan, a significant increase from 754,351.07 yuan in the previous period, reflecting a growth of over 3,600%[21] - Cash inflow from sales of goods and services was 85,563,292.60 yuan, compared to 62,219,780.76 yuan in the previous period, representing an increase of approximately 37.5%[20] - The net cash flow from investing activities was -11,055,239.77 yuan, worsening from -2,138,248.47 yuan in the previous period[21] - The net cash flow from financing activities was -51,598,991.70 yuan, compared to a positive flow of 9,230,050.02 yuan in the previous period, indicating a significant decline[21] - The total cash outflow from operating activities was 66,068,917.31 yuan, slightly higher than 64,107,923.03 yuan in the previous period[21] - The company received other cash related to operating activities amounting to 8,190,150.03 yuan, up from 2,602,718.28 yuan in the previous period, marking an increase of approximately 214%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,162,010,298.01, a decrease of 4.48% from ¥1,216,465,649.73 at the end of the previous year[5] - Total current assets decreased to CNY 740,302,339.14 from CNY 788,057,966.14 at the beginning of the year, reflecting a decline of 6.1%[14] - Total liabilities decreased to CNY 298,183,470.87 from CNY 346,364,406.50, a reduction of 13.9%[15] - Cash and cash equivalents at the end of the period were CNY 115,568,817.06, down 21% from CNY 146,283,502.83 at the beginning of the year[14] - The ending balance of cash and cash equivalents was 101,526,692.24 yuan, down from 90,482,443.60 yuan in the previous period[21] Research and Development - The company's R&D expenses for the quarter were ¥262.69 million, a decrease of 37.51% compared to the previous year[8] - Research and development expenses for Q1 2023 were CNY 2,626,900.85, a decrease of 37.5% compared to CNY 4,203,458.49 in Q1 2022[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,951, with the largest shareholder holding 30.24% of the shares[10] - The company's total equity attributable to shareholders decreased by 0.67% to ¥859,269,244.31 from ¥865,081,422.08 at the end of the previous year[5] - The total equity attributable to shareholders of the parent company was CNY 859,269,244.31, slightly down from CNY 865,081,422.08 at the beginning of the year[15] - Basic and diluted earnings per share were both -0.0198 yuan, improving from -0.03 yuan in the previous period[18] Market Strategy - The company did not report any new product launches or significant market expansion strategies during the quarter[12] - The company plans to focus on market expansion and new product development in the upcoming quarters[16] Other Information - The company reported an increase in credit impairment losses of 76.38%, amounting to ¥1,632,900, primarily due to increased provisions for accounts receivable[8] - The investment income for the quarter was ¥8,300, reflecting a growth of 104.34% compared to the previous year[8] - The company did not conduct any audited financial report for the first quarter[22]