Eazytec(688258)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥64,683,455.80, representing a year-on-year increase of 24.58%[5] - The net profit attributable to shareholders decreased by 57.87% to ¥6,770,112.35[5] - The net profit after deducting non-recurring gains and losses fell by 79.60% to ¥2,361,097.81[5] - Basic earnings per share were ¥0.08, down 57.89% compared to the previous year[6] - Total operating revenue for Q1 2023 was CNY 64,683,455.80, an increase from CNY 51,919,320.56 in Q1 2022, representing a growth of approximately 24.1%[20] - Net profit for Q1 2023 was CNY 6,304,050.66, a decrease from CNY 15,385,183.62 in Q1 2022, reflecting a decline of approximately 59.0%[22] - Basic earnings per share for Q1 2023 were CNY 0.08, down from CNY 0.19 in Q1 2022, reflecting a decrease of about 57.9%[22] Research and Development - The total R&D investment amounted to ¥10,468,892.00, which is a decrease of 7.15% year-on-year[6] - R&D investment accounted for 16.18% of operating revenue, a decrease of 5.54 percentage points[6] - The company's R&D expenses in Q1 2023 were CNY 10,468,892.00, compared to CNY 11,275,579.90 in Q1 2022, showing a decrease of about 7.1%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,219,194,374.33, an increase of 1.62% from the end of the previous year[6] - The total current assets as of March 31, 2023, amounted to RMB 726,534,646.26, showing an increase from RMB 714,538,786.29 at the end of 2022, reflecting a growth of approximately 1.4%[16] - The company’s total liabilities as of March 31, 2023, were RMB 500,000,000, reflecting a stable financial position[16] - Total liabilities for Q1 2023 were CNY 224,469,686.06, compared to CNY 223,044,958.47 in Q1 2022, indicating a marginal increase[18] - The equity attributable to shareholders of the parent company was CNY 976,779,288.09 in Q1 2023, up from CNY 961,324,797.61 in Q1 2022, representing an increase of approximately 1.9%[18] Cash Flow - The net cash flow from operating activities was ¥28,808,666.45, with no applicable year-on-year comparison[6] - In Q1 2023, the company reported a net cash flow from operating activities of ¥28,808,666.45, a significant improvement compared to a net outflow of ¥-5,990,506.79 in the same period last year[24] - Operating cash inflows totaled ¥111,887,450.15, while cash outflows were ¥83,078,783.70, resulting in a positive operating cash flow[24] - The company experienced a net increase in cash and cash equivalents of ¥-114,111,592.07 during the quarter, compared to a decrease of ¥-39,718,014.22 in the same quarter last year[25] Investment Activities - Total cash inflow from investment activities was ¥119,087,176.82, while cash outflow was ¥265,270,914.04, resulting in a net cash flow from investment activities of ¥-146,183,737.22[25] - The company’s investment payments amounted to ¥253,095,654.22, a decrease from ¥269,904,301.65 in the previous year[25] Employee Compensation - The company paid ¥42,001,700.86 in employee compensation, an increase from ¥39,114,565.31 in the previous year[24] - The company incurred share-based payment expenses of ¥7,001,600.00 due to the implementation of an employee stock ownership plan, impacting net profit[9] Market and Product Development - The company has not disclosed any new product launches or technological advancements during this quarter[14] - There are no significant market expansion or acquisition strategies mentioned in the report[14] Shareholder Information - The company’s share repurchase account holds 1,083,826 shares, accounting for 1.25% of the total share capital[13]