YXMC(SH:600213)2024-04-29 10:17Financial Performance - The company's operating revenue for Q1 2023 was ¥153,355,045.27, representing a decrease of 45.27% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥31,869,896.32, indicating a significant loss[5]. - The basic and diluted earnings per share were both -¥0.11, reflecting the company's financial challenges[6]. - The company reported a net loss of RMB 821,026,268.95 for Q1 2023, compared to a net loss of RMB 789,156,372.63 in Q1 2022[15]. - The net profit for Q1 2023 was -33,780,527.38 RMB, compared to -43,592,244.04 RMB in Q1 2022, showing an improvement of approximately 22.5%[18]. - The total operating profit for Q1 2023 was -33,837,913.67 RMB, an improvement from -43,928,397.72 RMB in Q1 2022[18]. - The company's net loss for Q1 2023 was ¥29,849,776.70, an improvement from a net loss of ¥43,697,696.73 in Q1 2022, representing a reduction of 31.7%[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,538,086,410.57, down 10.75% from the previous year[6]. - The total assets decreased to ¥2,436,137,322.30 in Q1 2023 from ¥2,742,198,221.19 in Q1 2022, reflecting a decline of 11.1%[24]. - Total liabilities decreased to ¥2,339,885,713.44 as of March 31, 2023, from ¥2,612,655,386.56 at the end of 2022, a reduction of 10.4%[14]. - The total liabilities decreased to ¥2,298,488,681.02 in Q1 2023 from ¥2,575,264,894.61 in Q1 2022, a reduction of 10.8%[24]. - The company's total equity decreased to RMB 198,200,697.13 as of March 31, 2023, from RMB 231,029,619.76 at the end of 2022, a decline of 14.2%[15]. - The total owner's equity decreased to ¥137,648,641.28 in Q1 2023 from ¥166,933,326.58 in Q1 2022, a decline of 17.5%[24]. Cash Flow - The net cash flow from operating activities was ¥12,974,963.48, with no applicable comparison due to the nature of the data[5]. - Cash flow from operating activities generated a net amount of 12,974,963.48 RMB in Q1 2023, a significant recovery from -142,387,805.70 RMB in Q1 2022[20]. - Cash inflow from operating activities totaled 251,623,531.87 CNY, up 27.4% from 197,488,801.80 CNY in Q1 2022[27]. - Net cash flow from operating activities was 19,071,273.00 CNY, a significant recovery from -147,829,757.96 CNY in the same period last year[27]. - Cash outflow from operating activities totaled 265,993,436.53 RMB in Q1 2023, compared to 433,047,039.02 RMB in Q1 2022, indicating a reduction of about 38.5%[20]. - Total cash outflow from operating activities was 232,552,258.87 CNY, reduced from 345,318,559.76 CNY in Q1 2022[27]. - The cash flow from financing activities showed a net outflow of -81,176,829.59 RMB in Q1 2023, compared to a net inflow of 88,117,299.62 RMB in Q1 2022[20]. - Net cash flow from financing activities was -79,109,393.38 CNY, a decline from a positive 64,347,163.37 CNY in Q1 2022[28]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,230[10]. - The largest shareholder, Weichai (Yangzhou) Yaxing Automobile Co., Ltd., held 62.31% of the shares, totaling 178,200,000 shares[10]. Sales and Inventory - The company experienced a 45.27% decline in operating income due to a significant drop in domestic sales[7]. - The company reported a decrease in sales revenue from 275,036,641.89 RMB in Q1 2022 to 261,442,730.22 RMB in Q1 2023, a decline of approximately 4.5%[19]. - Inventory increased to RMB 240,649,591.07 as of March 31, 2023, compared to RMB 204,523,552.79 at the end of 2022, reflecting a rise of 17.6%[13]. - The company's inventory increased to ¥176,869,397.34 in Q1 2023 from ¥143,673,579.05 in Q1 2022, reflecting a growth of 23.1%[24]. Research and Development - The company’s R&D expenses for Q1 2023 were RMB 12,425,848.78, slightly down from RMB 13,397,028.23 in Q1 2022, indicating a decrease of 7.2%[17]. - Research and development expenses increased to ¥8,691,183.05 in Q1 2023, up from ¥8,110,714.58 in Q1 2022, indicating a growth of 7.2%[26].