WBC(200706)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥516,856,921.09, representing a 24.99% increase compared to ¥413,507,921.87 in the same period last year[2] - The net profit attributable to shareholders was -¥31,201,728.45, a significant decrease of 1,354.92% from ¥2,486,349.89 in the previous year[2] - The company's net operating profit for Q1 2022 was a loss of CNY 33,753,328.38, compared to a profit of CNY 3,289,303.01 in Q1 2021[17] - The net profit for the first quarter of 2022 was -31,201,728.45 CNY, compared to a net profit of 2,486,349.89 CNY in the same period last year, indicating a significant decline[18] - The basic and diluted earnings per share for the first quarter were both -0.0775 CNY, down from 0.0100 CNY in the previous year[19] Cash Flow - The net cash flow from operating activities was -¥112,415,257.84, reflecting a 305.84% decline compared to -¥27,699,435.57 in the same period last year[2] - Cash inflow from operating activities totaled 210,289,635.79 CNY, down 25.3% from 281,954,321.45 CNY in the previous year[20] - Total cash outflow from operating activities was 322,704,893.63 CNY, compared to 309,653,757.02 CNY in the same period last year[22] - Cash flow from investing activities resulted in a net outflow of -771,638.15 CNY, compared to a net inflow of 444,982.33 CNY in the previous year[22] - Cash flow from financing activities generated a net inflow of 138,522,874.38 CNY, up from 20,744,918.11 CNY year-over-year[22] - The company raised 300,000,000.00 CNY in borrowings during the quarter, significantly higher than 99,000,000.00 CNY in the same period last year[22] - The ending cash and cash equivalents balance was 234,495,884.07 CNY, compared to 157,706,912.20 CNY at the end of the previous year[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,334,414,764.85, an increase of 3.55% from ¥3,220,126,105.01 at the end of the previous year[2] - Total liabilities amounted to CNY 2,756,660,898.90, up 5.5% from CNY 2,611,858,822.54 at the beginning of the year[15] - The total equity attributable to shareholders decreased by 5.02% to ¥577,753,865.95 from ¥608,267,282.47 at the end of the previous year[2] Operating Costs and Expenses - The company's gross profit margin decreased due to an increase in operating costs, which rose by 43.4% to ¥459,307,688.7 from ¥320,309,529.36[7] - Total operating costs for Q1 2022 were CNY 554,178,164.52, up 34.5% from CNY 411,850,901.15 in Q1 2021[17] - The financial expenses increased by 62.9% to ¥10,960,564.08, primarily due to rising loan interest rates[7] - Research and development expenses for Q1 2022 were CNY 27,056,371.11, a decrease of 13.5% from CNY 31,439,606.72 in Q1 2021[17] Other Income and Financing - The company reported a significant increase in other operating income, which rose by 4,358.9% to ¥2,597,979.12 compared to ¥58,264.72 in the previous year[7] - The company experienced a 73.3% increase in receivables financing, rising to ¥48,735,945.94 from ¥28,115,340.20[7] Audit Status - The first quarter report was not audited[23]