SIE(SZ:300687)2023-04-27 16:00Revenue and Profitability - The company's revenue for Q1 2023 was ¥517,060,406.55, representing a 5.16% increase compared to ¥491,680,986.58 in the same period last year[4]. - The net loss attributable to shareholders was ¥17,504,830.23, a decrease of 225.57% from a profit of ¥13,940,583.28 in the previous year[4]. - The company reported a net loss of ¥17,702,160.35 in Q1 2023, compared to a net profit of ¥14,640,971.89 in Q1 2022, indicating a significant decline in profitability[29]. - Operating profit for the company was negative at ¥19,375,132.94, contrasting with a positive operating profit of ¥12,509,892.19 in the previous year[29]. - The total comprehensive income for the period was -¥17,702,160.35, compared to ¥14,640,971.89 in the same period last year, indicating a substantial decrease in overall financial performance[31]. Cash Flow and Operating Activities - The net cash flow from operating activities improved by 22.65%, amounting to -¥52,174,527.25 compared to -¥67,453,275.76 in the previous year[4]. - The company generated cash inflows from operating activities totaling ¥585,614,030.66, compared to ¥508,139,169.92 in the previous year, marking an increase of about 15.2%[33]. - Cash outflows from operating activities amounted to ¥637,788,557.91, resulting in a net cash flow from operating activities of -¥52,174,527.25, an improvement from -¥67,453,275.76 in the prior year[35]. - Investment activities resulted in a net cash outflow of -¥13,545,248.91, compared to -¥232,622,365.54 in the previous year, indicating a significant reduction in cash outflow[35]. - The company reported cash and cash equivalents at the end of the period of ¥892,648,968.30, an increase from ¥818,193,133.98 at the end of the previous year[35]. Assets and Liabilities - The total assets decreased by 3.07% to ¥3,342,639,387.36 from ¥3,448,506,338.19 at the end of the previous year[4]. - The total current assets decreased to RMB 1,987,258,550.45 from RMB 2,114,054,218.43, a decline of approximately 6.0%[22]. - The total liabilities decreased to RMB 759,994,483.66 from RMB 857,949,351.46, representing a reduction of about 11.4%[26]. - The company's equity attributable to shareholders decreased to RMB 2,405,982,379.91 from RMB 2,413,697,132.82, a decline of approximately 0.3%[26]. - The cash and cash equivalents at the end of the first quarter were RMB 896,548,635.93, down from RMB 1,004,447,958.13, a decrease of about 10.7%[22]. Expenses and Costs - The total operating costs for the first quarter of 2023 were RMB 549,437,980.37, up from RMB 484,349,054.04, reflecting a year-over-year increase of 13.5%[27]. - Financial expenses surged by 410.06%, primarily due to increased interest expenses during the reporting period[12]. - The company’s financial expenses increased significantly, with interest expenses rising to ¥12,700,726.45 from ¥2,245,292.33, highlighting increased borrowing costs[29]. - Research and development expenses increased to ¥84,307,152.35, up from ¥65,490,550.02, reflecting a year-over-year growth of approximately 28.7%[29]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,830[17]. - The company's basic earnings per share were -¥0.0433, down 225.51% from ¥0.0345 in the same period last year[4]. - Basic earnings per share were reported at -¥0.0433, down from ¥0.0345 in the previous year, reflecting a decline in shareholder value[31]. Other Financial Metrics - Other income increased by 54.88%, mainly from government subsidies related to the company's normal business operations[13]. - Prepayments increased by 85.55%, indicating a rise in advance payments received during the reporting period[9]. - Contract liabilities rose by 34.27%, reflecting an increase in advance business payments[10]. - The inventory increased to RMB 123,036,310.12 from RMB 118,736,766.58, reflecting an increase of about 3.0%[24]. - The company reported a decrease in accounts receivable to RMB 758,333,476.72 from RMB 771,608,367.41, a decline of approximately 1.7%[22]. - The company’s long-term investments remained stable at RMB 157,866,824.91, slightly down from RMB 158,903,841.95[22].