WDM(SH:600055)2017-04-28 16:00Financial Performance - Operating revenue declined by 4.10% to CNY 120,821,096.00 year-on-year[8] - Net profit attributable to shareholders increased by 126.30% to CNY 2,344,079.95 compared to a loss of CNY 8,912,662.15 in the same period last year[8] - Basic and diluted earnings per share rose by 115.79% to CNY 0.006 from a loss of CNY 0.038[8] - The net profit for Q1 2017 was ¥298,703.67, compared to a net loss of ¥9,454,201.19 in the previous year, indicating a significant turnaround[24] - The profit attributable to the parent company's shareholders was ¥2,344,079.95, recovering from a loss of ¥8,912,662.15 in the same quarter last year[24] - Basic and diluted earnings per share for Q1 2017 were both ¥0.006, compared to a loss of ¥0.038 per share in the previous year[24] - The company reported a total comprehensive income of CNY 9,874,450.84 for Q1 2017, compared to CNY 938,492.81 in the same period last year[25] Assets and Liabilities - Total assets decreased by 1.95% to CNY 2,160,244,781.52 compared to the end of the previous year[8] - The company's total assets amounted to CNY 2,160,244,781.52, a decrease from CNY 2,203,123,114.63 at the beginning of the year[14] - Total current liabilities decreased to CNY 272,860,273.96 from CNY 308,537,310.74, a decline of about 11.6%[15] - The company's total liabilities decreased to CNY 302,372,389.17 from CNY 345,549,425.95, a reduction of approximately 12.5%[16] - Total liabilities decreased to ¥244,292,756.74 from ¥295,605,039.61, reflecting a reduction of 17.4%[20] - The total equity increased to ¥1,662,535,490.63 from ¥1,652,661,039.79, showing a growth of 0.5%[20] Cash Flow - The net cash flow from operating activities was negative at CNY -56,734,610.10, worsening by 10.18% compared to the previous year[8] - The company reported a net cash outflow from operating activities of CNY -56,734,610.10, compared to CNY -51,492,271.02 in the previous year, indicating a worsening cash flow situation[27] - Cash and cash equivalents at the end of Q1 2017 totaled CNY 816,499,853.39, an increase from CNY 334,668,166.24 at the end of Q1 2016[28] - The company generated CNY 314,113,763.18 in cash inflow from investing activities, a significant increase compared to CNY 1,493,440.72 in the same period last year[28] - The cash outflow from investing activities was CNY 180,091,112.18, down from CNY 351,021,238.11 in Q1 2016, reflecting a reduction in investment expenditures[28] Investments and Financial Management - Financial expenses decreased significantly due to reduced loan scale and effective use of idle funds[11] - The company received government subsidies, which positively impacted operating profit and net profit growth[11] - The company reported an investment income of ¥1,922,006.58, compared to a loss of ¥258,470.15 in the previous year[24] - The company's long-term investments decreased to CNY 14,508,129.23 from CNY 14,690,792.58, reflecting a decline of about 1.2%[15] - The company made cash payments of $180,000,000.00 for investments, down from $350,000,000.00, reflecting a strategic shift in investment focus[31] Shareholder Information - The total number of shareholders reached 21,299 by the end of the reporting period[10]