Seeyon(SH:688369)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥163,348,478.03, representing a year-on-year increase of 15.17%[5] - The net profit attributable to shareholders was a loss of ¥40,633,116.77, with a diluted earnings per share of -¥0.52[6][10] - The company achieved operating revenue of RMB 163.35 million in Q1 2023, representing a year-on-year growth of 15.17%[15] - The net profit attributable to shareholders was a loss of RMB 40.63 million, primarily due to significant increases in sales and R&D expenses compared to the previous year[15] - Net loss for Q1 2023 was CNY 42,357,949.35, compared to a net loss of CNY 28,299,289.88 in Q1 2022, representing a decline of 49.8%[23] - The company reported a total comprehensive loss of CNY 42,357,926.47 in Q1 2023, compared to a loss of CNY 28,299,289.88 in Q1 2022[24] Research and Development - Research and development expenses totaled ¥57,178,742.67, accounting for 35.00% of operating revenue, an increase of 1.59 percentage points year-on-year[6] - R&D investment increased by 20.68% year-on-year, accounting for 35% of operating revenue, driven by higher personnel costs, cloud leasing fees, and depreciation of fixed assets[15] - Research and development expenses increased to CNY 57,178,742.67 in Q1 2023, up 20.6% from CNY 47,380,374.42 in Q1 2022[23] Cash Flow and Liquidity - The net cash flow from operating activities was a negative ¥160,107,018.31, reflecting a decrease of 27.39% compared to the same period last year[10] - Cash flow from operating activities was CNY 192,100,619.98 in Q1 2023, compared to CNY 143,592,660.87 in Q1 2022, reflecting a growth of 33.8%[25] - The net cash flow from operating activities was -$160,107,018.31, an improvement from -$220,494,730.03 in the previous year[26] - The company experienced a net decrease in cash and cash equivalents of -$161,524,352.81, compared to -$223,907,782.31 in the previous year, indicating an improvement[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,812,086,542.79, down 7.09% from the end of the previous year[6] - As of March 31, 2023, the total current assets amounted to RMB 1,480.42 million, a decrease from RMB 1,612.79 million at the end of 2022[17] - The total non-current assets were RMB 331.66 million, slightly down from RMB 337.67 million at the end of 2022[18] - Total liabilities decreased to CNY 385,786,394.25 in Q1 2023 from CNY 483,646,667.79 in Q1 2022, a reduction of 20.3%[20] - The company's equity attributable to shareholders decreased to CNY 1,409,670,276.71 in Q1 2023 from CNY 1,448,456,357.67 in Q1 2022, a decline of 2.7%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,211[12] - The largest shareholder, Xu Shi, holds 21.08% of the shares, totaling 16,285,000 shares[12] Future Outlook and Strategy - The company plans to continue strengthening customer value marketing to drive sales growth in the future[10] - The company is focusing on enhancing customer value through continuous updates and iterations of collaborative business solutions[15] - The company has not disclosed any new product or technology developments in the current report[15] - There is no mention of market expansion or mergers and acquisitions in the current financial report[15]