Worldia(SH:688028)2020-04-24 16:00Financial Performance - Operating revenue for the first quarter was ¥46,613,814.74, a decrease of 20.18% year-on-year[7]. - Net profit attributable to shareholders was ¥10,996,867.22, down 22.39% from the same period last year[5]. - Basic and diluted earnings per share were both ¥0.14, representing a decline of 41.67% compared to the previous year[7]. - Total operating revenue for Q1 2020 was ¥46,613,814.74, a decrease of 20.2% compared to ¥58,396,888.47 in Q1 2019[27]. - Total operating costs for Q1 2020 were ¥35,234,550.22, down 20.2% from ¥44,129,178.62 in Q1 2019[27]. - Net profit for Q1 2020 was ¥10,996,867.22, representing a decline of 22.8% from ¥14,169,826.67 in Q1 2019[29]. - Operating profit for Q1 2020 was ¥13,113,367.66, a decrease of 19.0% compared to ¥16,344,153.50 in Q1 2019[27]. - The total profit for Q1 2020 was ¥12,974,319.37, a decrease of 20.5% from ¥16,357,413.51 in Q1 2019[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥917,794,896.38, an increase of 0.82% compared to the end of the previous year[5]. - Total assets increased to ¥917,794,896.38 from ¥910,314,153.68, reflecting a growth of approximately 0.54%[20]. - Current liabilities decreased to ¥41,822,562.33 from ¥45,338,686.85, a reduction of about 7.5%[21]. - Non-current assets totaled ¥267,203,672.47, up from ¥244,468,738.31, indicating an increase of approximately 9.25%[20]. - Total liabilities decreased, with a notable reduction in other payables by 94.17% to ¥20,552.49, reflecting timely reimbursements of travel expenses[16]. - The total liabilities and shareholders' equity amounted to ¥917,794,896.38, consistent with total assets, confirming the balance sheet integrity[21]. Cash Flow - The company's cash and cash equivalents increased to ¥500,752,774.01 as of March 31, 2020, compared to ¥437,794,276.43 at the end of 2019, reflecting a growth of 14.99%[19]. - Net cash flow from investing activities was ¥68,791,576.99, a substantial improvement compared to a negative cash flow of ¥13,258,822.50 in the same period last year[18]. - Cash inflow from operating activities in Q1 2020 was CNY 59,780,314.76, a decrease of 11.5% compared to CNY 67,532,754.63 in Q1 2019[34]. - Net cash flow from operating activities for Q1 2020 was CNY 10,545,722.90, slightly up from CNY 10,276,418.07 in Q1 2019[35]. - Total cash inflow from investment activities in Q1 2020 reached CNY 433,389,457.29, significantly higher than CNY 1,580,000.00 in Q1 2019[35]. - The net increase in cash and cash equivalents for Q1 2020 was CNY 79,413,967.64, compared to a decrease of CNY 202,230.02 in Q1 2019[36]. Research and Development - Research and development expenses accounted for 7.48% of operating revenue, an increase of 1.45 percentage points year-on-year[7]. - Research and development expenses for Q1 2020 were ¥3,484,749.11, slightly down from ¥3,523,678.72 in Q1 2019[27]. Strategic Initiatives - The company plans to strengthen communication with domestic and international customers to ensure timely and high-quality delivery of orders[8]. - Focus will be placed on expanding into aerospace and electronic information sectors to cultivate new revenue growth points[8]. - The company aims to accelerate the development and commercialization of new products and technologies to maintain a leading position in the market[8]. - The company did not report any significant changes in its strategic direction or new product developments during this quarter[18]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 7,755[14]. - Shareholders' equity increased to ¥875,972,334.05 from ¥864,975,466.83, reflecting a growth of about 1.26%[21].