WBC(SZ:200706)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥605,154,931.63, representing a 17.08% increase compared to ¥516,856,921.09 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥22,736,404.65, an improvement of 27.13% from a loss of ¥31,201,728.45 in the previous year[5] - The total operating revenue for Q1 2023 was CNY 605,154,931.63, an increase of 17.0% compared to CNY 516,856,921.09 in Q1 2022[14] - The total operating costs for Q1 2023 were CNY 635,097,646.10, up 14.6% from CNY 554,178,164.52 in the same period last year[14] - The net loss attributable to the parent company for Q1 2023 was CNY 22,736,404.65, an improvement from a net loss of CNY 31,201,728.45 in Q1 2022[16] - The basic and diluted earnings per share for Q1 2023 were both -0.0565, compared to -0.0775 in Q1 2022[16] Cash Flow - The net cash flow from operating activities improved to -¥97,995,389.08, a 12.83% reduction in loss compared to -¥112,415,257.84 in the same period last year[5] - Cash inflows from operating activities totaled CNY 257,735,893.33, an increase from CNY 210,289,635.79 in the previous year[17] - The net cash flow from operating activities was -97,995,389.08 CNY, an improvement from -112,415,257.84 CNY in the previous year[18] - Total cash outflow from operating activities amounted to 355,731,282.41 CNY, compared to 322,704,893.63 CNY last year[18] - The net cash flow from investing activities was 1,219,751.31 CNY, a significant recovery from -771,638.15 CNY in the previous year[18] - Cash inflow from financing activities totaled 386,486,638.89 CNY, slightly up from 373,348,314.77 CNY last year[18] - The net cash flow from financing activities was -957,647.23 CNY, contrasting with a positive flow of 138,522,874.38 CNY in the previous year[18] - The ending balance of cash and cash equivalents was 129,085,024.53 CNY, down from 234,495,884.07 CNY at the end of the previous year[18] - The company paid 111,010,795.58 CNY in employee-related cash payments, compared to 116,252,789.39 CNY last year[18] - Tax payments amounted to 26,583,512.45 CNY, significantly higher than 11,722,385.77 CNY in the previous year[18] - The company received 288,000,000.00 CNY in borrowings, slightly down from 300,000,000.00 CNY last year[18] - The company’s cash flow from investment activities included 2,000,000.00 CNY in investment income received[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,261,756,772.87, down 1.90% from ¥3,324,777,599.86 at the end of the previous year[5] - The total assets as of the end of Q1 2023 were CNY 3,261,756,772.87, a decrease from CNY 3,324,777,599.86 at the end of Q1 2022[13] - The total liabilities as of the end of Q1 2023 were CNY 2,811,383,504.16, down from CNY 2,854,474,606.40 in the previous year[13] - The company's total equity attributable to shareholders was CNY 450,373,268.71, a decrease from CNY 470,302,993.46 in Q1 2022[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 5,351, with the largest shareholder holding 60.61% of the shares[8] Inventory and R&D - Inventory levels increased to ¥681,734,515.69 from ¥646,619,143.91 at the beginning of the year, indicating a potential buildup of stock[11] - Research and development expenses for Q1 2023 were CNY 27,498,431.76, slightly up from CNY 27,056,371.11 in the same period last year[14] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥4,335,809.47 for the period, including government subsidies and debt restructuring gains[6] Borrowings - The company reported a decrease in short-term borrowings, totaling CNY 698,000,000.00, compared to CNY 699,000,000.00 in Q1 2022[12] Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[10]