Financial Performance - The company's revenue for Q1 2023 was ¥21,632,470.79, representing a decrease of 35.50% compared to ¥33,540,079.98 in the same period last year[5] - The net loss attributable to shareholders was ¥2,427,051.08, a decline of 453.07% from a profit of ¥687,418.45 in the previous year[5] - Basic and diluted earnings per share were both ¥-0.0405, down 452.17% from ¥0.0115 in the same period last year[5] - Revenue from sales and services decreased by 73.27% to ¥2,717,856.41 compared to the same period last year[13] - The company reported an operating loss of ¥3,757,919.67 for Q1 2023, compared to an operating profit of ¥1,143,801.85 in Q1 2022[22] - Net profit for Q1 2023 was a loss of ¥2,427,051.08, compared to a profit of ¥687,418.45 in Q1 2022, representing a significant decline[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥28,531,183.85, worsening by 107.20% compared to a negative cash flow of ¥13,769,955.00 last year[5] - The cash flow statement for Q1 2023 is not provided in the available documents, indicating a need for further analysis on liquidity[24] - The total cash outflow for operating activities was 35,794,080.37 CNY, compared to 24,906,180.34 CNY in the same period last year[25] - The company reported a total cash and cash equivalents balance of 220,358,957.08 CNY at the end of Q1 2023, down from 824,639,197.77 CNY at the end of Q1 2022[26] - The cash flow from operating activities was significantly impacted by increased payments for taxes, which totaled 13,442,243.35 CNY in Q1 2023[25] Investment and Expenses - Research and development expenses surged by 265.09% to ¥6,594,307.94, compared to ¥1,806,230.08 in the previous year, indicating increased investment in R&D[11] - The company experienced a 94.08% increase in selling expenses, totaling ¥1,786,316.79, primarily due to higher salaries, depreciation, and service costs[11] - Cash paid for investments increased by 450.00% to ¥495,000,000.00, driven by higher purchases of bank wealth management products[13] - Cash paid for the purchase of fixed assets decreased by 80.32% to ¥1,510,145.00, reflecting reduced expenditures on fixed asset acquisitions[13] Assets and Shareholder Information - The company's total assets at the end of the reporting period were ¥1,567,682,655.10, a slight decrease of 0.59% from ¥1,576,980,347.16 at the end of the previous year[5] - Total assets at the end of the reporting period amounted to ¥1,567,682,655.10, slightly down from ¥1,576,980,347.16 at the beginning of the year[19] - Total equity attributable to shareholders was ¥1,378,040,652.73, slightly down from ¥1,380,123,546.57[22] - Total number of common shareholders at the end of the reporting period was 9,641[15] - The largest shareholder, Rao Danni, holds 54.91% of the shares, totaling 32,944,500 shares[15] Tax and Other Financial Metrics - Tax payments rose by 298.08% to ¥13,442,243.35, mainly due to the payment of deferred income tax and VAT from the previous period[13] - The company experienced a significant increase in credit impairment losses, which amounted to -¥9,488,862.60, compared to -¥7,202,768.52 in the previous year[22] - The investment income for the period was ¥4,783,486.57, a staggering increase of 658,927.69% from ¥725.84 in the previous year[12] - Cash received from other operating activities increased by 370.12% to ¥4,545,040.11, primarily due to increased bank deposit interest[13] - Investment income cash received surged by 232,494.56% to ¥1,688,264.37, attributed to higher returns from bank wealth management products[13] - Cash recovered from investments reached ¥260,000,000.00, marking a 100% increase due to the redemption of short-term financial products[13] Audit and Reporting - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[27]
恒宇信通(300965) - 2023 Q1 - 季度财报