Wondertek(SH:603189)2025-04-27 08:10Financial Performance - The company's operating revenue for Q1 2025 was CNY 74,470,050.49, representing an increase of 11.11% compared to CNY 67,022,296.80 in the same period last year[4] - Net profit attributable to shareholders decreased by 11.97% to CNY 3,008,408.43 from CNY 3,417,374.86 year-on-year[4] - Total revenue for Q1 2025 reached ¥74,470,050.49, an increase of 11.5% compared to ¥67,022,296.80 in Q1 2024[18] - The net profit for Q1 2025 was 3,008,408.43, a decrease from 3,417,374.86 in Q1 2024, representing a decline of approximately 12.0%[19] - The total comprehensive income for Q1 2025 was 31,268,328.65, compared to a loss of 8,957,601.51 in Q1 2024, indicating a significant recovery[20] Cash Flow and Liquidity - The net cash flow from operating activities surged by 518.64% to CNY 32,675,776.63, up from CNY 5,281,885.39 in the previous year[4] - Cash and cash equivalents increased to ¥568,040,321.92 as of March 31, 2025, compared to ¥432,737,248.87 at the end of 2024, representing a growth of 31.2%[12] - Operating cash flow for Q1 2025 was 32,675,776.63, a substantial increase from 5,281,885.39 in Q1 2024, reflecting improved operational efficiency[24] - Cash and cash equivalents at the end of Q1 2025 totaled 556,177,668.86, up from 296,502,016.80 at the end of Q1 2024, marking an increase of 87.5%[25] - Investment activities generated a net cash inflow of 99,674,682.59 in Q1 2025, compared to a net outflow of -10,850,726.33 in Q1 2024, showing a positive turnaround[24] Assets and Liabilities - The company's total assets increased by 1.15% to CNY 1,642,589,204.46 compared to CNY 1,623,992,329.61 at the end of the previous year[5] - Total assets as of March 31, 2025, amounted to ¥1,642,589,204.46, a slight increase from ¥1,623,992,329.61 at the end of 2024[15] - Total liabilities decreased to ¥102,117,789.75 from ¥120,569,520.47, indicating a reduction of 15.3%[14] - The company's equity attributable to shareholders rose to ¥1,540,471,414.70, up from ¥1,503,422,809.14, marking an increase of 2.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,731[9] - The top shareholder, Jiang Hongye, holds 35.39% of the shares, totaling 95,400,000 shares[9] Operational Efficiency - The company reported a significant increase in contract assets by 191.11%, attributed to an increase in unsettled project contracts[7] - Contract assets increased significantly to ¥11,288,348.57 from ¥3,877,695.36, reflecting a growth of 191.5%[13] - The company incurred a credit impairment loss of 1,861,942.97 in Q1 2025, down from 6,718,682.57 in Q1 2024, indicating improved credit quality[19] - The company recorded a 657.13% increase in asset impairment losses, primarily due to a low base in the previous period[8] Expenses and Investments - Total operating costs for Q1 2025 were ¥74,159,785.37, up from ¥69,552,745.27 in Q1 2024, reflecting a rise of 6.5%[18] - Operating expenses included ¥53,671,309.97 in operating costs, which increased by 6.7% from ¥50,416,057.64 in the previous year[18] - Research and development expenses for Q1 2025 were ¥8,459,882.13, down 20.2% from ¥10,604,090.47 in Q1 2024[18] Future Outlook - The company plans to continue focusing on investment opportunities to drive future growth and enhance shareholder value[20] - The company reported a net profit margin improvement, with net profit figures to be detailed in future reports[18] - The basic and diluted earnings per share remained stable at 0.01 in both Q1 2025 and Q1 2024, indicating consistent profitability on a per-share basis[20]