Financial Performance - The company's revenue for Q1 2023 was ¥42,586,071.86, a decrease of 36.83% compared to ¥67,412,156.95 in the same period last year[5] - Net profit attributable to shareholders was ¥1,215,937.89, down 94.51% from ¥22,159,830.03 year-on-year[5] - Total operating revenue for Q1 2023 was ¥42,586,071.86, a decrease of 36.8% compared to ¥67,412,156.95 in Q1 2022[16] - Net profit for Q1 2023 was ¥1,215,937.89, a significant decline of 94.5% from ¥22,159,830.03 in Q1 2022[17] - Basic and diluted earnings per share for Q1 2023 were both ¥0.03, a decrease of 95.3% from ¥0.64 in Q1 2022[18] Cash Flow - The net cash flow from operating activities was -¥13,701,479.75, a decline of 167.57% compared to ¥20,277,098.50 in Q1 2022[7] - Cash inflow from operating activities totaled ¥57,783,612.80, down 43.8% from ¥102,929,055.44 in Q1 2022[19] - The net cash flow from operating activities was -13,701,479.75 CNY, a decrease from 20,277,098.50 CNY in the previous year[21] - Total cash outflow from investing activities was 3,351,025.60 CNY, compared to 792,455.00 CNY in the same period last year[21] - The net cash flow from investing activities was -3,180,525.60 CNY, worsening from -527,205.00 CNY year-over-year[21] - Cash and cash equivalents at the end of the period totaled 1,344,541,226.36 CNY, down from 1,361,659,811.32 CNY at the beginning of the period[21] - The net increase in cash and cash equivalents was -17,118,584.96 CNY, contrasting with an increase of 18,644,591.30 CNY in the previous year[21] - The company reported cash paid to employees of 42,002,863.22 CNY, up from 40,373,840.53 CNY year-over-year[21] - Cash paid for taxes was 3,937,285.98 CNY, significantly lower than 15,921,223.51 CNY in the previous year[21] - The company did not report any cash inflow from financing activities during the quarter[21] - The impact of exchange rate changes on cash and cash equivalents was -236,579.61 CNY, compared to -57,302.20 CNY last year[21] Expenses and Costs - Research and development expenses increased by 43.60% to ¥18,451,287.33, reflecting the addition of new R&D personnel and increased investment[7] - The company reported a 39.51% decrease in operating costs, totaling ¥14,092,882.26, primarily due to reduced sales[7] - Total operating costs for Q1 2023 were ¥42,559,412.56, down 12.7% from ¥48,729,960.67 in the previous year[16] - The company experienced a 46.16% increase in selling expenses, amounting to ¥10,729,192.53, due to expanded overseas market efforts[7] - The company reported a decrease in sales expenses to ¥10,729,192.53, compared to ¥7,340,601.33 in the previous year[17] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,711,803,628.34, a slight increase of 0.38% from the end of the previous year[5] - The total assets as of March 31, 2023, amount to RMB 1,711,803,628.34, compared to RMB 1,705,312,890.91 at the beginning of the year[14] - The company has a non-current asset total of RMB 78,223,921.91, up from RMB 75,460,046.60 at the beginning of the year[14] - Total liabilities increased to ¥122,623,714.86, up from ¥117,411,189.49 in the previous year[17] - The total current liabilities include accounts payable of RMB 30,445,735.07 and contract liabilities of RMB 72,328,756.59[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,047[9] - The top two shareholders, Zhang Chimei and Zheng Junling, hold 32.97% and 31.68% of shares respectively, totaling 30,000,000 shares[9] - The company distributed a cash dividend of RMB 32.50 per 10 shares and increased its total share capital from 46,400,179 shares to 69,600,268 shares[11] Other Information - The company has not disclosed any new product or technology developments in the current report[10] - Other comprehensive income after tax for Q1 2023 was ¥62,274.17, down from ¥95,062.15 in Q1 2022[18] - The first quarter report was not audited[22]
联动科技(301369) - 2023 Q1 - 季度财报