WTJX(BJ:830839)2023-04-20 16:00Financial Performance - Net profit attributable to shareholders rose by 107.45% to CNY 15,350,544.29 year-on-year[9] - Operating income surged by 55.37% to CNY 151,009,228.57 compared to the same period last year[9] - Total operating revenue for Q1 2023 reached ¥151,009,228.57, a significant increase of 55.3% compared to ¥97,195,679.92 in Q1 2022[40] - Net profit for Q1 2023 was ¥15,350,544.29, representing a 106.9% increase from ¥7,399,683.63 in Q1 2022[42] - Basic earnings per share for Q1 2023 were ¥0.1343, compared to ¥0.0637 in Q1 2022, reflecting a 111.5% increase[42] - The net profit for Q1 2023 was CNY 15,350,696.86, a significant increase of 106.9% compared to CNY 7,399,873.43 in Q1 2022[44] - Operating profit reached CNY 17,068,843.00, up 113.0% from CNY 7,990,939.65 in the same period last year[44] Assets and Liabilities - Total assets increased by 4.64% to CNY 650,824,370.47 compared to the end of last year[9] - The company's total current assets as of March 31, 2023, are approximately 435.44 million yuan, an increase from 402.60 million yuan at the end of 2022[33] - The total assets of the company as of March 31, 2023, are approximately 650.82 million yuan, compared to 621.96 million yuan at the end of 2022[34] - The company's total liabilities as of March 31, 2023, are approximately 176.20 million yuan, compared to 163.09 million yuan at the end of 2022[34] - Total liabilities increased to ¥176,202,685.62 in Q1 2023, compared to ¥163,089,450.85 in Q1 2022, marking a rise of 8.5%[38] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 13,076,785.48, a significant decrease compared to the previous year[10] - Cash inflow from operating activities totaled CNY 58,843,626.24, an increase of 16.4% compared to CNY 50,312,887.84 in the previous year[51] - Cash outflow from operating activities amounted to CNY 71,920,451.50, up 34.8% from CNY 53,301,451.10 year-over-year[51] - The net increase in cash and cash equivalents was CNY -18,867,157.55, a significant decline from an increase of CNY 3,735,703.29 in the previous year[51] - Cash and cash equivalents at the end of Q1 2023 were CNY 3,717,443.52, down from CNY 36,279,034.42 at the end of Q1 2022[48] Shareholder Information - The total number of unrestricted shares at the end of the period is 63,703,875, representing 53.38% of the total share capital[21] - The total number of restricted shares at the end of the period is 55,638,625, representing 46.62% of the total share capital[21] - The total share capital at the end of the period is 119,342,500 shares, down from 120,300,000 shares at the beginning of the period[21] - The largest shareholder, Wang Wanfang, holds 40,383,000 shares, representing 33.84% of the total shares[20] - The second-largest shareholder, Wang Gang, holds 17,850,000 shares, representing 14.96% of the total shares[20] - The company has 4,054 ordinary shareholders as of the end of the reporting period[21] Research and Development - Research and development expenses increased by 69.03% due to expanded R&D efforts and the operation of the hydraulic technology R&D center[13] - Research and development expenses for Q1 2023 were ¥5,709,348.78, which is a 68.7% increase from ¥3,377,668.99 in Q1 2022[41] - Research and development expenses increased to CNY 5,709,348.78, a rise of 68.8% from CNY 3,377,668.99 in Q1 2022[44] Financial Commitments and Guarantees - The company plans to apply for a comprehensive credit limit of up to 150 million yuan from banks and financial institutions in 2023[26] - The company has provided related guarantees for bank loans amounting to 40.4 million yuan, which is within the expected limit[26] - There are no overdue commitments or violations of commitments by the company during the reporting period[27] Asset Pledges - As of March 31, 2023, the total value of restricted assets is approximately 69.59 million yuan, accounting for 10.69% of total assets[28] - Fixed assets pledged as collateral amount to 47.54 million yuan, representing 7.30% of total assets[28] - Intangible assets pledged as collateral total 21.52 million yuan, which is 3.31% of total assets[28]