WLCSP(SH:603005)2020-04-27 16:00Financial Performance - Net profit attributable to shareholders was ¥62,113,482.86, representing a significant increase of 1,753.65% year-on-year[12]. - Operating revenue for the period was ¥190,664,034.79, up 123.97% from the same period last year[12]. - Basic earnings per share were ¥0.27, reflecting a 2,600.00% increase year-on-year[15]. - The company's operating revenue increased by 123.97% year-on-year, reaching RMB 190,664,034.79[28]. - The company's net profit for Q1 2020 reached CNY 62,113,482.86, a significant increase compared to CNY 3,350,883.26 in Q1 2019, representing a growth of approximately 1,757%[53]. - Total revenue for Q1 2020 was CNY 190,664,034.79, up from CNY 85,131,044.58 in Q1 2019, indicating a year-over-year increase of about 124.5%[55]. - The total profit for Q1 2020 was CNY 69,076,677.31, compared to CNY 3,857,140.94 in Q1 2019, reflecting an increase of around 1,692%[53]. - The total comprehensive income for Q1 2020 was CNY 62,406,187.56, significantly higher than CNY 3,341,858.61 in Q1 2019, representing an increase of approximately 1,769%[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,351,583,472.89, an increase of 1.90% compared to the end of the previous year[12]. - The company's total assets increased to RMB 2,351,583,472.89, up from RMB 2,307,776,795.90 at the end of the previous year[38]. - The total assets as of March 31, 2020, were CNY 2,390,309,906.90, an increase from CNY 2,345,272,061.77 at the end of 2019, representing a growth of approximately 1.9%[50]. - Total liabilities reached ¥322,472,569.63, while total equity was ¥1,985,304,226.27[77]. - The total liabilities decreased to CNY 303,848,779.84 from CNY 322,459,825.51, showing a reduction of about 5.7%[48]. - The company's total current liabilities include accounts payable of $128,472,226.49, which is a significant component of its short-term obligations[87]. Cash Flow - Net cash flow from operating activities was ¥83,612,318.45, a remarkable increase of 143.03% compared to the previous year[12]. - The net cash flow from operating activities improved by 143.03% to RMB 83,612,318.45, driven by expanded sales and timely collection of accounts receivable[28]. - The company reported a cash inflow from operating activities of CNY 236,993,689.51 in Q1 2020, compared to CNY 122,461,181.06 in Q1 2019, indicating a growth of about 93.2%[61]. - Cash inflow from investment activities reached 196,805,556.11, up from 187,166,534.80, showing an increase of approximately 9%[66]. - The net cash flow from investment activities was -61,126,524.70, contrasting with a positive cash flow of 111,592,883.38 in the previous period[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 71,399[22]. - The largest shareholder, Suzhou Industrial Park Venture Capital Co., Ltd., held 23.97% of the shares[22]. Expenses and Investments - Research and development expenses grew by 41.34% to RMB 31,238,794.72, reflecting higher investment in R&D projects[28]. - The company's investment income showed a significant decline of 269.49%, resulting in a loss of RMB 2,468,329.23 due to equity method losses from associates[28]. - The cost of goods sold rose by 61.13% to RMB 99,491,248.75, primarily due to increased sales volume[28]. - The cash paid to employees and for employee benefits was 32,961,355.68, up from 24,433,350.06, reflecting a growth of approximately 35%[65]. Taxation - The company's income tax expense increased by 1275.42% to RMB 6,963,194.45, reflecting a rise in taxable profit scale[28].