WLM(SZ:300591)2024-04-28 08:31Revenue and Profitability - The company's revenue for Q1 2024 was ¥124,921,172.84, representing a 46.60% increase compared to ¥85,214,395.31 in the same period last year[5] - The net loss attributable to shareholders was ¥6,055,993.56, an improvement of 31.87% from a loss of ¥8,889,388.46 in the previous year[5] - The company's basic and diluted earnings per share improved to -¥0.0149 from -¥0.0219, reflecting a 31.96% increase[5] - Net loss for Q1 2024 was CNY 5,597,509.05, an improvement from a net loss of CNY 7,873,907.41 in Q1 2023[22] - Basic earnings per share for Q1 2024 was -0.0149, an improvement from -0.0219 in Q1 2023[23] Cash Flow and Financial Position - The net cash flow from operating activities was -¥27,627,614.44, showing a 7.21% improvement from -¥29,775,585.10 in the previous year[5] - The company reported a net cash outflow from operating activities of CNY 27,627,614.44, slightly better than the outflow of CNY 29,775,585.10 in the previous year[25] - The net cash flow from investing activities was -7,182,810.00, compared to -5,809,455.64 in the previous year, indicating an increase in cash outflow by approximately 23.6%[26] - The total cash inflow from financing activities was 33,320,000.00, down from 50,000,000.00, representing a decrease of 33.9% year-over-year[26] - The net cash flow from financing activities was -1,539,229.66, a significant decline from the previous year's net inflow of 13,926,706.07[26] - The cash and cash equivalents at the end of the period totaled 110,856,513.39, compared to 94,226,833.69 at the end of the same period last year, reflecting an increase of approximately 17.7%[26] - The cash and cash equivalents net decrease for the period was -36,349,068.90, compared to -21,670,994.74 in the previous year, indicating a worsening cash position[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,008,924,452.28, a slight increase of 0.47% from ¥1,004,182,378.35 at the end of the previous year[5] - The company's current assets totaled CNY 685,974,811.55, compared to CNY 675,248,894.40 at the beginning of the period, reflecting a growth of approximately 1.08%[17] - Accounts receivable increased to CNY 366,355,211.72 from CNY 351,593,438.71, representing a rise of about 4.9%[17] - Inventory levels rose to CNY 143,845,984.14 from CNY 122,471,248.46, indicating an increase of approximately 17.4%[17] - The total liabilities of the company were CNY 507,978,815.73, up from CNY 497,634,449.73, marking an increase of about 2.7%[18] - The company's short-term borrowings increased to CNY 177,890,813.73 from CNY 169,534,305.94, reflecting a growth of approximately 4.0%[18] - The total equity remained stable at CNY 405,673,777.00, unchanged from the previous period[18] Research and Development - Research and development expenses increased by 30.70% to ¥7,405,178.70 from ¥5,665,745.08 in the same period last year, indicating a focus on innovation[9] - Research and development expenses increased to CNY 7,405,178.70, compared to CNY 5,665,745.08 in the same quarter last year, reflecting a growth of 30.7%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,382[11] - The number of restricted shares held by major shareholders decreased by 18,255,000 shares during the period, leaving a total of 55,009,125 shares restricted[15] Other Financial Information - The total operating costs for Q1 2024 were ¥101,221,748.71, which is a 50.32% increase compared to ¥67,336,664.76 in the same period last year[9] - The total operating costs for Q1 2024 were CNY 132,857,234.87, up 40.8% from CNY 94,309,696.20 in Q1 2023[21] - The company reported a significant increase in prepayments, which rose by 50.50% to ¥16,599,163.13, primarily due to increased advance payments for raw materials[9] - The total equity attributable to shareholders of the parent company was CNY 483,994,564.70, down from CNY 490,055,341.28 in the previous quarter[22] - Other comprehensive income after tax for Q1 2024 was -CNY 4,783.02, compared to CNY 250,587.62 in Q1 2023[22] - The company recorded a credit impairment loss of CNY 664,679.81, compared to a loss of CNY -328,727.28 in the same period last year[22] Audit Information - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[27]