Wondertek(SH:603189)2019-04-19 16:00Financial Performance - Operating revenue for the first quarter reached CNY 60,215,311.13, representing an increase of 86.47% year-on-year[6] - Net profit attributable to shareholders was CNY 10,649,085.90, a significant increase of 256.48% compared to the same period last year[6] - Basic earnings per share were CNY 0.05, up 266.67% from a loss of CNY 0.03 in the previous year[6] - Diluted earnings per share also stood at CNY 0.05, reflecting the same percentage increase[6] - Operating profit for Q1 2019 was ¥10,971,135.73, recovering from a loss of ¥6,795,294.66 in the same period last year[22] - Net profit for Q1 2019 was ¥10,649,085.90, compared to a net loss of ¥6,805,294.66 in Q1 2018, marking a turnaround in profitability[23] - The company reported a total comprehensive income of ¥905,017.54 for Q1 2019, recovering from a loss of ¥7,347,611.26 in the same quarter last year[23] Cash Flow - The net cash flow from operating activities was negative CNY 18,158,107.44, a decline of 36.75% year-on-year[6] - The net cash flow from operating activities for Q1 2019 was -¥18,158,107.44, compared to -¥13,278,673.20 in Q1 2018, indicating ongoing cash flow challenges[30] - Cash inflows from operating activities totaled ¥39,734,005.70 in Q1 2019, compared to ¥31,439,300.24 in Q1 2018, showing growth in cash receipts[29] - The cash flow from operating activities showed a total inflow of ¥45,789,858.55 in Q1 2019, an increase from ¥33,287,739.46 in Q1 2018, reflecting improved operational performance[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 902,015,055.57, a slight increase of 0.05% compared to the previous year[6] - The company's current assets totaled CNY 639.830 million, compared to CNY 631.684 million at the end of 2018, indicating a growth in liquidity[13] - The total liabilities stood at CNY 106.282 million, slightly down from CNY 107.193 million at the end of 2018[15] - Total liabilities as of Q1 2019 amounted to ¥222,165,635.39, an increase from ¥196,767,399.38 in the previous year[22] - The total assets as of Q1 2019 were ¥901,592,867.72, remaining unchanged from the previous year, indicating stability in asset management[36] - The total liabilities for Q1 2019 were ¥107,193,256.31, consistent with the previous year, suggesting no significant changes in debt levels[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,853[8] - The top shareholder, Jiang Hongye, held 43.21% of the shares, amounting to 95,400,000 shares, with a portion pledged[8] Research and Development - The company reported a significant increase in development expenditures, rising to CNY 4.805 million from CNY 2.658 million, indicating a focus on innovation[14] - Research and development expenses increased to ¥13,163,695.43 in Q1 2019, up from ¥7,049,198.98 in Q1 2018, reflecting a focus on innovation[22] - Research and development expenses increased to ¥7,965,992.48 in Q1 2019, up from ¥6,205,389.29 in Q1 2018, reflecting a focus on innovation[26] Inventory and Receivables - Accounts receivable increased to CNY 167.842 million from CNY 139.509 million, reflecting a year-on-year growth of approximately 20.3%[13] - Inventory levels rose to CNY 16.460 million from CNY 15.744 million, reflecting a strategic buildup of stock[13] - The company reported a total of ¥15,744,051.36 in inventory as of Q1 2019, indicating stable inventory levels compared to the previous year[36] Future Outlook - The company has not indicated any major changes in its future outlook or guidance for the upcoming periods[11]