WSBE(SH:600421)2024-04-24 11:54Financial Performance - The company's operating revenue for Q1 2024 was ¥21,975,641.93, representing a decrease of 16.14% compared to the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥582,680.56, with a non-applicable comparison to the previous year[4] - The net cash flow from operating activities was -¥8,766,059.92, with no applicable comparison to the previous year[4] - Total operating revenue for Q1 2024 was CNY 21,975,641.93, a decrease of 16.6% compared to CNY 26,204,510.04 in Q1 2023[17] - Operating profit for Q1 2024 was CNY 678,521.30, a significant improvement from a loss of CNY 1,834,428.16 in Q1 2023[17] - In Q1 2024, the company reported a net profit of ¥405,147.64, a significant improvement compared to a net loss of ¥1,815,821.70 in Q1 2023[19] - The company's basic and diluted earnings per share were both -0.003 yuan, compared to -0.009 yuan in the same period last year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥148,993,677.90, an increase of 3.12% from the end of the previous year[5] - The total assets as of March 31, 2024, amounted to CNY 148,993,677.90, an increase from CNY 144,480,312.72 at the end of 2023[14] - Current assets totaled CNY 134,860,425.00 as of March 31, 2024, compared to CNY 130,918,718.62 at the end of 2023, marking a growth of 3.0%[13] - The total liabilities as of March 31, 2024, were CNY 109,186,701.76, an increase from CNY 105,112,188.17 at the end of 2023, indicating a rise of 3.0%[14] - Current liabilities increased to CNY 104,442,623.21 in Q1 2024 from CNY 100,523,336.25 in Q4 2023, representing a rise of 3.0%[14] Cash Flow - The net cash outflow from operating activities was ¥8,766,059.92, worsening from a net outflow of ¥2,390,045.18 in the previous year[22] - Cash inflows from operating activities totaled ¥29,530,776.82, down from ¥34,812,088.13 in Q1 2023, representing a decrease of approximately 15.5%[22] - Cash inflows from financing activities increased to ¥12,500,000.00, compared to ¥6,500,000.00 in Q1 2023, marking a growth of 92.3%[23] - The net cash flow from financing activities was ¥8,687,176.40, up from ¥3,363,649.12 in the same quarter last year[23] - The company’s cash and cash equivalents at the end of Q1 2024 stood at ¥2,862,138.48, down from ¥4,674,235.45 at the end of Q1 2023[23] - Total cash outflows from investing activities were ¥845,336.86, significantly higher than ¥165,000.00 in Q1 2023[23] Shareholder Information - The equity attributable to shareholders of the listed company decreased to ¥12,235,215.44, down 4.42% from the previous year-end[5] - The top three shareholders held a combined 49.50% of the shares, with Zhejiang Hengshun Investment Co., Ltd. holding 19.50%[8] Non-Recurring Gains - Government subsidies recognized in the current period amounted to ¥161,910.34, contributing to non-recurring gains[6] - The total amount of non-recurring gains was ¥218,537.24 after tax effects and minority interests[6] Operational Developments - The company did not report any new product launches or technological advancements during this quarter[19] - There were no indications of market expansion or mergers and acquisitions mentioned in the report[19]