WOTE(002886)2023-04-27 16:00Revenue and Profit - Revenue for Q1 2023 was CNY 343,665,446.44, a decrease of 0.72% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 5,138,448.11, an increase of 0.92% year-over-year[3] - Net profit excluding non-recurring items increased by 40.25% to CNY 4,743,859.96 compared to the previous year[3] - Net profit for Q1 2023 was CNY 4,255,393.88, a decrease of 29.05% compared to CNY 6,003,051.27 in the previous period[15] - The net profit for the first quarter of 2023 is CNY 8,030,327.72, compared to CNY 6,536,402.36 in the same period last year, representing an increase of approximately 22.9%[17] - The net profit attributable to the parent company is CNY 5,138,448.11, slightly up from CNY 5,091,837.67, indicating a growth of about 0.9%[17] - The total comprehensive income for the first quarter is CNY 7,932,914.96, compared to CNY 6,525,996.48 in the previous year, reflecting an increase of approximately 21.5%[17] - The basic and diluted earnings per share for the quarter are both CNY 0.023, up from CNY 0.022 in the same quarter last year[17] Cash Flow - Operating cash flow decreased by 79.78% to CNY 4,191,608.79, primarily due to increased employee compensation and reduced government subsidies[6] - Cash flow from operating activities generated a net amount of CNY 4,191,608.79, a significant decrease from CNY 20,729,280.70 in the previous year, representing a decline of approximately 79.8%[19] - Cash flow from investing activities resulted in a net outflow of CNY 133,939,055.05, compared to a net outflow of CNY 115,522,473.35 in the same period last year, indicating an increase in investment activities[20] - Cash flow from financing activities generated a net inflow of CNY 160,157,619.71, compared to CNY 66,140,737.29 in the previous year, showing an increase of approximately 142.5%[20] - The ending balance of cash and cash equivalents is CNY 216,083,762.49, up from CNY 166,720,595.37 at the end of the previous year, reflecting an increase of about 29.6%[20] - The company received CNY 355,692,254.95 in cash from sales of goods and services, down from CNY 456,500,073.36 in the same period last year, indicating a decrease of approximately 22.1%[19] - The company reported a decrease in other cash receipts related to operating activities, totaling CNY 2,320,292.03, down from CNY 14,025,828.53 in the previous year, reflecting a decline of approximately 83.5%[19] Assets and Liabilities - Total assets increased by 5.01% to CNY 2,791,953,919.01 compared to the end of the previous year[3] - Total assets as of March 31, 2023, were CNY 2,791,953,919.01, an increase from CNY 2,658,810,167.30 at the beginning of the year[12] - Total liabilities increased to CNY 1,498,879,844.11 from CNY 1,371,941,546.08 at the beginning of the year[13] - Cash and cash equivalents at the end of Q1 2023 were CNY 182,300,624.83, up from CNY 161,324,618.90 at the beginning of the year[11] - Inventory as of March 31, 2023, was CNY 682,182,651.24, an increase from CNY 657,149,067.89 at the beginning of the year[12] - The company reported a decrease in accounts receivable to CNY 350,942,982.06 from CNY 336,518,176.21 at the beginning of the year[11] Research and Development - R&D expenses rose by 62.33% to CNY 22,700,000, reflecting increased investment in research and development[6] - R&D expenses increased significantly to CNY 22,695,443.00, up 62.6% from CNY 13,981,175.55 in the previous period[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,871[8] - The weighted average return on equity was 0.44%, a slight decrease from 0.46% in the previous year[3] - Long-term borrowings increased by 73.32% to CNY 482,600,000, attributed to project financing[6] - The company received government subsidies amounting to CNY 465,371.66 during the reporting period[5]