Wisesoft(SZ:002253)2019-04-23 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥43,470,115.95, representing a 12.14% increase compared to ¥38,764,945.14 in the same period last year[7] - Net profit attributable to shareholders decreased by 41.92% to ¥4,180,439.99 from ¥7,197,296.78 year-on-year[7] - Basic and diluted earnings per share fell by 42.01% to ¥0.0185 from ¥0.0319 in the same period last year[7] - Total operating revenue for Q1 2019 was RMB 43,470,115.95, an increase of 12.5% compared to RMB 38,764,945.14 in the same period last year[31] - Net profit for Q1 2019 was RMB 3,183,665.19, a decrease of 49.9% from RMB 6,343,070.21 in Q1 2018[32] - Total comprehensive income for Q1 2019 was RMB 3,183,665.19, down 49.9% from RMB 6,343,070.21 in Q1 2018[32] - Operating profit for Q1 2019 was RMB 3,734,738.00, a decrease of 46.5% from RMB 6,991,598.08 in Q1 2018[31] Cash Flow - The net cash flow from operating activities was negative at ¥8,247,052.81, a decline of 66.95% compared to the previous year[7] - The net cash flow from operating activities decreased by 3.28 million yuan, a decline of 65.95% compared to the same period last year, primarily due to receiving government grants of 4 million yuan and repaying loans of 10 million yuan[17] - The company's operating cash flow for Q1 2019 was negative at -8,247,052.81 RMB, compared to -4,969,597.13 RMB in the same period last year, indicating a decline in cash generation from operations[36] - Total cash inflow from operating activities was 71,232,150.24 RMB, up from 58,671,664.36 RMB year-over-year, reflecting a growth of approximately 21.5%[36] - Cash outflow from operating activities increased to 79,479,203.05 RMB from 63,641,261.49 RMB, representing a rise of about 24.8%[36] - The parent company's net cash flow from operating activities was negative at -6,784,155.75 RMB, a decline from a positive cash flow of 3,554,867.14 RMB in the previous year[37] - The parent company's cash outflow from operating activities increased to 67,497,681.19 RMB from 45,846,590.01 RMB, reflecting a rise of approximately 47%[37] Assets and Liabilities - The company's total assets increased by 0.79% to ¥1,616,916,770.44 from ¥1,604,271,576.72 at the end of the previous year[7] - The company's total current assets reached RMB 672,725,617.24, up from RMB 655,496,150.79 at the end of 2018, reflecting a growth of approximately 2.3%[25] - The total liabilities increased to RMB 211,865,071.98 from RMB 204,352,002.06, indicating a rise of about 2.5%[26] - The owner's equity totaled RMB 1,405,051,698.46, compared to RMB 1,399,919,574.66 at the end of 2018, showing a slight increase of approximately 0.4%[26] - The total current liabilities amounted to RMB 119,990,142.27, compared to RMB 115,487,402.02, reflecting an increase of approximately 4.3%[26] Research and Development - R&D expenses surged by 268.73% to ¥199,000.00, reflecting increased investment in R&D projects[15] - Research and development expenses increased significantly to RMB 2,009,761.01, compared to RMB 545,048.46 in the previous year, reflecting a growth of 268.5%[31] Other Income and Expenses - Other income increased by 132.54% to ¥296,000.00, primarily from VAT software tax refunds[15] - The company reported an investment loss of RMB 1,308,564.81 in Q1 2019, compared to a loss of RMB 164,576.73 in the same period last year[31] - The company's total assets impairment loss was RMB 5,029,615.39, compared to RMB 3,017,715.14 in the previous year, indicating an increase of 66.7%[31]