WLCSP(SH:603005)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥305,139,429.61, representing a decrease of 7.22% compared to the same period last year[6] - The net profit attributable to shareholders was ¥91,910,535.11, down 27.96% year-over-year[6] - The net profit after deducting non-recurring gains and losses was ¥84,526,901.40, a decrease of 20.72% compared to the previous year[6] - Basic earnings per share were ¥0.23, down 25.81% from the same period last year[6] - Net profit for the first quarter of 2022 was CNY 93,407,495.13, a decrease of 26.8% compared to CNY 127,583,795.39 in the same period of 2021[32] - Total comprehensive income of CNY 86,452,467.03, down from CNY 128,700,940.54, indicating a decline in overall financial performance[34] Cash Flow and Liquidity - The net cash flow from operating activities was ¥51,405,946.81, reflecting a significant decline of 63.52% year-over-year[6] - Cash flow from operating activities decreased to CNY 51,405,946.81, compared to CNY 140,933,003.95 in the previous year, highlighting cash management challenges[38] - The total amount of cash received from operating activities was CNY 306,378,472.26, a decrease from CNY 373,298,718.24 in the previous year[38] - The ending cash and cash equivalents balance was CNY 1,572,092,072.53, down from CNY 1,897,058,973.73, reflecting liquidity challenges[40] - The company reported a net cash outflow from investing activities of CNY -383,300,281.22, indicating increased investment expenditures[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,512,373,406.89, an increase of 1.13% from the end of the previous year[8] - Total assets as of March 31, 2022, reached CNY 4,512,373,406.89, compared to CNY 4,462,029,993.43 at the end of 2021[26] - Total liabilities as of March 31, 2022, were CNY 464,455,799.05, down from CNY 516,794,852.62 at the end of 2021[26] - Shareholders' equity totaled CNY 4,047,917,607.84 as of March 31, 2022, an increase from CNY 3,945,235,140.81 at the end of 2021[26] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 208,667,037.16, an increase of 1.9% from CNY 205,254,677.29 in Q1 2021[28] - Operating costs specifically for Q1 2022 amounted to CNY 148,325,901.70, down 6.7% from CNY 158,925,861.63 in Q1 2021[28] - The company reported a 364.29% increase in selling expenses, attributed to the consolidation of subsidiaries[12] - The company experienced a significant increase in sales expenses, which rose to CNY 1,916,034.46 from CNY 412,683.69, suggesting higher marketing efforts[32] - Research and development expenses increased to CNY 43,578,582.54, up from CNY 42,874,148.95, reflecting a focus on innovation[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 91,375, with the largest shareholder holding 22.65% of the shares[15] - The equity attributable to shareholders increased by 2.21% to ¥3,937,048,556.68 compared to the end of the previous year[8] Non-Recurring Items - Non-recurring gains and losses amounted to ¥7,383,633.71, primarily due to government subsidies and other non-operating income[10] Reporting and Governance - The company reported its Q1 2022 financial results, with a focus on the implementation of new accounting standards[42] - The board of directors announced the financial report on April 28, 2022, indicating a comprehensive review of the company's performance[44]