Financial Performance - The company's revenue for Q1 2023 was ¥101,547,044.14, representing a 0.70% increase compared to ¥100,840,658.43 in the same period last year[5]. - The net loss attributable to shareholders decreased by 88.49% to ¥418,866.21 from ¥3,638,286.02 year-on-year[5]. - Basic and diluted earnings per share improved by 91.35% to -¥0.0041 from -¥0.0474 in the previous year[5]. - The company's net profit margin decreased, with a net loss of ¥8,250,720.03 reported for Q1 2023, compared to a net loss of ¥4,322,495.04 in Q1 2022[21]. - The net profit for Q1 2023 was -1,734,623.32 CNY, an improvement from -4,221,682.70 CNY in Q1 2022, representing a decrease in net loss of approximately 59%[22]. - The total comprehensive income for the period was -1,734,623.32 CNY, compared to -4,221,682.70 CNY in Q1 2022, indicating a significant reduction in losses[22]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥20,237,397.51, a slight improvement of 1.38% from the previous year's loss of ¥20,520,315.45[5]. - Cash and cash equivalents decreased significantly to ¥187,641,109.53 from ¥555,357,085.76 at the beginning of the year, a decline of approximately 66.3%[19]. - The company reported a total cash and cash equivalents balance of 179,400,468.06 CNY at the end of Q1 2023, down from 541,897,461.00 CNY at the beginning of the period[25]. - Investment activities resulted in a net cash outflow of -332,717,149.97 CNY, significantly higher than -2,606,967.40 CNY in the same period last year[24]. - The company’s financing activities resulted in a net cash outflow of -9,542,445.46 CNY, compared to -1,921,326.90 CNY in the previous year, indicating increased cash outflow for financing[25]. Assets and Liabilities - Total assets decreased by 2.25% to ¥1,422,230,048.16 from ¥1,454,893,077.90 at the end of the previous year[5]. - Total liabilities decreased to ¥385,559,984.98 from ¥416,488,391.40, a decline of approximately 7.4%[20]. - The company experienced a significant increase in credit impairment losses, which rose to ¥5,982,367.97 from ¥2,472,789.65, indicating a rise of 142.5%[21]. Shareholder Information - The company had a total of 13,083 common shareholders at the end of the reporting period[12]. - The total number of shareholders with restricted shares is 78,070,824, with 1,320,824 shares released for circulation on March 30, 2023, accounting for 1.2907% of the total share capital[16]. - The largest shareholder, Wu Suiying, holds 27,938,760 restricted shares, which will be released on September 30, 2025[14]. - The second-largest shareholder, Wanxiang Venture Capital Co., Ltd., holds 3,800,000 restricted shares, also set to be released on September 30, 2023[14]. - The company has a total of 10 major shareholders, with the top three holding a combined 34,486,640 shares, representing approximately 35.5% of the total shares[14]. - The company reported that the number of unrestricted shares held by Wu Suiying is 3,679,839, representing 3.60% of the total shares[13]. - The company’s restricted shares are primarily from pre-IPO allocations, with no new restricted shares added during the reporting period[14]. - The company’s major shareholders have no reported relationships or agreements that could affect shareholding decisions[14]. - The company’s stock has been subject to a six-month lock-up period following its IPO, which has now expired for the released shares[16]. Operational Highlights - The company reported a significant increase in intangible assets by 5849.81%, primarily due to the transfer of land use rights to intangible assets[12]. - The company experienced a 100.00% increase in construction in progress, attributed to expenditures related to the headquarters digital creative base[12]. - Other income increased by 290.53% due to higher government subsidies received compared to the previous year[12]. - Total operating costs for Q1 2023 were ¥109,797,765.17, up from ¥105,163,153.47 in the same period last year, reflecting a year-over-year increase of 4.9%[21]. - The company incurred a total operating expense of 160,137,519.41 CNY, compared to 167,322,238.20 CNY in Q1 2022, reflecting a reduction of approximately 4%[24]. - Operating revenue from sales and services was 127,864,104.94 CNY, down from 137,849,457.27 CNY in the previous year, indicating a decline of about 7%[24]. - The company has no new strategies or significant market expansions reported in the first quarter of 2023[16]. - The company has not disclosed any new product or technology developments in the first quarter of 2023[16]. - The company is focusing on new product development and market expansion strategies to enhance future growth prospects[21].
凡拓数创(301313) - 2023 Q1 - 季度财报