Financial Performance - The company's revenue for Q1 2023 was ¥17,650,172.26, a decrease of 72.96% compared to ¥65,272,646.06 in the same period last year[5] - Net profit attributable to shareholders was ¥3,525,541.14, down 82.04% from ¥19,632,101.90 year-on-year[5] - Basic and diluted earnings per share were both ¥0.05, representing an 82.14% decrease from ¥0.28 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 17,650,172.26, a decrease of 73.0% compared to CNY 65,272,646.06 in the same period last year[16] - Net profit for Q1 2023 was CNY 3,525,541.14, a decline of 82.0% compared to CNY 19,632,101.90 in Q1 2022[19] Cash Flow - The net cash flow from operating activities was ¥6,996,304.34, reflecting a decline of 87.09% from ¥54,187,064.16 in the previous year[5] - Total cash inflow from operating activities decreased to ¥40,196,345.53, down 67.5% from ¥123,427,608.48 in the previous period[20] - Cash outflow from operating activities was ¥33,200,041.19, a reduction of 52.1% compared to ¥69,240,544.32 in the previous period[20] - The net cash flow from investing activities was -¥11,554,085.62, an improvement from -¥67,488,172.28 in the previous period[21] - The net cash flow from financing activities was ¥0.00, compared to -¥4,254,629.89 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥732,699,648.65, a decrease of 2.49% from ¥751,381,996.90 at the end of the previous year[5] - Total liabilities for Q1 2023 were CNY 23,680,564.77, down from CNY 45,888,454.16 in the previous year[15] - Non-current liabilities totaled CNY 2,261,752.08, slightly down from CNY 2,326,024.29 year-over-year[15] - Total current assets at the end of Q1 2023 were ¥416,764,404.30, down from ¥437,904,801.18 at the beginning of the year, a decrease of about 4.8%[13] Expenses - The company reported a significant reduction in sales expenses, which fell by 32.04% to ¥1,688,696.12 from ¥2,484,907.38[8] - Research and development expenses decreased by 46.20% to ¥1,484,407.22 from ¥2,759,321.64, attributed to reduced material inputs and employee compensation[8] - Operating costs for Q1 2023 were CNY 14,255,730.07, down 66.6% from CNY 42,570,067.81 year-over-year[16] Shareholder Information - The top ten shareholders include significant stakes held by Ye Yueting (52.01%) and Jin Feichun (18.75%)[11] - The company reported no changes in restricted shares or preferred stockholder information for Q1 2023[12] Government Support and Future Outlook - The company received government subsidies amounting to ¥625,363.09, which contributed to other income increasing by 194.69% to ¥837,952.06[8] - The company anticipates continued challenges in sales orders, impacting future revenue and profitability outlook[8] Other Information - The company has not disclosed any new product developments or technological advancements in this quarter[12] - There are no reported mergers or acquisitions during this period, and no new strategic initiatives have been outlined[12] - The company's cash and cash equivalents at the end of Q1 2023 amounted to ¥382,809,574.41, a decrease from ¥387,503,802.54 at the beginning of the year, reflecting a decline of approximately 1.8%[13] - The company’s first quarter report is unaudited[22]
雅艺科技(301113) - 2023 Q1 - 季度财报