Wondertek(SH:603189)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥62,863,294.27, representing a decrease of 35.24% compared to the same period last year[5] - The net profit attributable to shareholders was -¥14,052,315.80, a decline of 157.59% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥16,490,451.50, down 207.82% from the previous year[5] - Basic and diluted earnings per share were both -¥0.05, reflecting a decline of 157.59% year-on-year[6] - Total revenue for Q1 2023 was ¥62,863,294.27, a decrease of 35.4% compared to ¥97,065,965.20 in Q1 2022[20] - Net profit for Q1 2023 was a loss of ¥14,052,315.80, compared to a profit of ¥24,402,383.63 in Q1 2022[22] - Basic and diluted earnings per share for Q1 2023 were both -¥0.05, compared to ¥0.09 in Q1 2022[23] - Other comprehensive income after tax for Q1 2023 was ¥4,493,630.20, down from ¥7,524,848.78 in Q1 2022[22] Cash Flow - The net cash flow from operating activities was -¥46,528,940.02, a decrease of 97.87% compared to the same period last year[5] - Cash inflow from operating activities in Q1 2023 was ¥50,915,547.86, down from ¥62,158,610.73 in Q1 2022[24] - The net cash flow from operating activities was -$46,528,940.02, compared to -$23,514,484.88 in the previous year, indicating a decline in operational cash generation[25] - Cash inflow from investment activities totaled $568,700,419.81, up from $418,018,141.78 year-over-year, reflecting a significant increase in investment recovery[25] - The net cash flow from investment activities was $324,262,846.77, a turnaround from -$116,950,511.47 in the same quarter last year, showing improved investment performance[25] - Cash inflow from financing activities was $15,000,000.00, while cash outflow was $185,416.67, resulting in a net cash flow of $14,814,583.33, compared to -$30,529,089.55 previously[25] - The total cash and cash equivalents at the end of the period reached $575,278,158.41, an increase from $396,010,774.50 year-over-year[25] - The company reported a significant increase in cash inflow from investment recovery, amounting to $565,000,000.00, compared to $415,000,000.00 in the previous year[25] - The cash outflow for purchasing fixed assets and other long-term assets was $24,437,573.04, down from $44,968,653.25, indicating reduced capital expenditure[25] - The cash flow from financing activities showed a notable reduction in cash outflow for debt repayment, which was $30,000,000.00 last year[25] - The impact of exchange rate fluctuations on cash and cash equivalents was -$143,557.29, indicating minimal effect on cash position[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,852,799,389.77, a decrease of 0.98% from the end of the previous year[6] - As of March 31, 2023, the total current assets amounted to CNY 1,154,156,278.06, a decrease from CNY 1,179,996,882.56 as of December 31, 2022, reflecting a decline of approximately 2.2%[16] - The total liabilities decreased to CNY 138,897,191.54 from CNY 151,414,841.96, a reduction of approximately 8.3%[18] - The total assets as of March 31, 2023, were CNY 1,852,799,389.77, down from CNY 1,871,056,140.11, reflecting a decrease of about 1%[18] - The total equity attributable to shareholders decreased to CNY 1,713,902,198.22 from CNY 1,719,641,298.15, a decline of about 0.3%[18] - The company's long-term equity investments were CNY 45,517,413.47, down from CNY 46,054,886.96, indicating a decrease of approximately 1.2%[17] - The non-current assets totaled CNY 698,643,111.70, slightly up from CNY 691,059,257.55, showing an increase of approximately 1.1%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,344[13] Research and Development - The company reported a 50.51% increase in development expenditures, mainly due to ongoing investments in its high-definition video AI research project[10] - Research and development expenses for Q1 2023 were ¥16,711,909.08, slightly down from ¥16,936,636.50 in Q1 2022[20] Financial Expenses - The company reported a significant increase in financial expenses, with interest expenses rising to ¥76,041.67 from ¥462,000.00 in Q1 2022[20] - Tax expenses for Q1 2023 were ¥497,413.35, significantly higher than ¥11,433.52 in Q1 2022[20] - The company experienced a net cash outflow of ¥66,956,849.01 for employee payments in Q1 2023, compared to ¥55,576,205.05 in Q1 2022[24]