WLCSP(SH:603005)2023-04-24 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥223,213,535.29, representing a decrease of 26.85% compared to the same period last year [4] - The net profit attributable to shareholders was ¥28,566,647.32, down 68.92% year-on-year [4] - The net profit after deducting non-recurring gains and losses was ¥20,425,738.98, reflecting a decline of 75.84% compared to the previous year [4] - Basic and diluted earnings per share were both ¥0.04, down 82.61% compared to the same period last year [5] - The company experienced a significant decrease in net profit and cash flow due to a decline in sales revenue [14] - Total operating revenue for Q1 2023 was CNY 223,213,535.29, a decrease of 26.9% compared to CNY 305,139,429.61 in Q1 2022 [41] - Net profit for Q1 2023 was CNY 30,485,892.35, a decline of 67.3% from CNY 93,407,495.13 in Q1 2022 [43] - In Q1 2023, the company reported a total comprehensive income of CNY 32,670,192.99, a decrease from CNY 86,452,467.03 in Q1 2022 [44] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.04, compared to CNY 0.23 in Q1 2022 [44] - The company recorded a net loss attributable to minority shareholders of CNY 1,496,960.02 in Q1 2023, compared to a profit of CNY 1,919,245.03 in Q1 2022 [44] Cash Flow - The net cash flow from operating activities was ¥18,366,146.13, a decrease of 64.27% year-on-year [4] - Net cash flow from operating activities was CNY 18,366,146.13, down from CNY 51,405,946.81, indicating a decline of about 64.3% [26] - Cash flow from operating activities in Q1 2023 was CNY 204,459,125.14, down from CNY 301,296,332.88 in Q1 2022 [44] - The net cash increase from financing activities in Q1 2023 was CNY 197,071,059.17, significantly higher than CNY 21,068,189.72 in Q1 2022 [46] - The company experienced a foreign exchange impact on cash and cash equivalents of CNY 1,880,426.15 in Q1 2023, compared to a negative impact of CNY 563,611.04 in Q1 2022 [46] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,755,349,807.79, an increase of 3.66% from the end of the previous year [5] - Current liabilities increased to CNY 558,190,907.24 from CNY 426,245,082.53, representing a rise of about 30.94% [20] - Total liabilities amounted to CNY 702,275,504.84, compared to CNY 566,772,177.87, reflecting an increase of approximately 23.93% [21] - Shareholders' equity attributable to the parent company was ¥4,016,662,788.12, up 0.77% from the end of the previous year [5] - Shareholders' equity totaled CNY 4,053,074,302.95, a slight increase from CNY 4,020,556,208.27 [21] - The company’s total assets increased by CNY 153,400,000 due to the acquisition of Anteryon's equity [33] Costs and Expenses - Total operating costs for Q1 2023 were CNY 195,440,613.62, down from CNY 208,667,037.16 in Q1 2022, reflecting a cost reduction strategy [41] - Research and development expenses decreased to CNY 32,890,915.35 in Q1 2023 from CNY 43,578,582.54 in Q1 2022, indicating a potential shift in investment strategy [43] - The company reported a credit impairment loss of CNY 1,693,220.00, primarily due to provisions for bad debts [33] - The company’s financial expenses improved, with a reduction of CNY 45,130,000 attributed to increased cash management income [33] Other Financial Metrics - The weighted average return on equity decreased by 1.65 percentage points to 0.71% [5] - The company reported a net increase in cash flow from financing activities, although specific figures were not detailed in the provided data [26] - Other income increased to CNY 10,497,520.43 in Q1 2023 from CNY 8,450,776.39 in Q1 2022, suggesting improved financial management [43] - The company’s accounts payable decreased by CNY 33,210,000, indicating better cash flow management [33] - Cash inflow from investment activities was CNY 646,199,246.71, compared to CNY 394,076,025.72, showing an increase of approximately 63.9% [26] - Net cash flow from investment activities improved to CNY 604,861,908.34 from a negative CNY 383,300,281.22 [26] - Cash outflow for purchasing fixed assets and intangible assets was CNY 39,486,352.66, up from CNY 25,717,806.94 [26] Shareholder Information - The number of common shareholders at the end of the reporting period was 155,204, reflecting a stable shareholder base [35] Reporting and Compliance - The board of directors announced the Q1 2023 report on April 24, 2023 [47] - The company has not applied new accounting standards or interpretations for the first time in 2023 [50]