WLCSP(603005)2024-04-29 10:17Financial Performance - Total operating revenue for Q1 2024 reached ¥240,846,492.73, an increase of 7.90% compared to the same period last year[21] - Net profit attributable to shareholders of the listed company was ¥49,240,151.47, representing a significant increase of 72.37% year-on-year[21] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥39,368,168.92, up 92.74% year-on-year[21] - Basic earnings per share for Q1 2024 was ¥0.08, a 100% increase from the same period last year[21] - Diluted earnings per share also stood at ¥0.08, marking a 100% increase year-on-year[21] - Net profit for the first quarter of 2024 was CNY 50,125,666.94, up from CNY 30,485,892.35, indicating a growth of about 64.5%[44] Cash Flow - Net cash flow from operating activities was ¥41,457,091.08, reflecting a substantial increase of 125.73% compared to the previous year[21] - Operating cash flow for the first quarter of 2024 was CNY 41,457,091.08, compared to CNY 18,366,146.13 in the same period last year, reflecting an increase of approximately 126.5%[47] - The company reported a net increase in cash and cash equivalents of CNY 105,235,058.74 for the period, compared to CNY 822,179,539.79 in the previous period, indicating a significant decrease in cash flow[48] - The net cash flow from financing activities was CNY 77,922,010.14, down from CNY 197,071,059.17 in the previous period, indicating reduced financing activity[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,926,082,493.47, a 2.11% increase from the end of the previous year[22] - The total liabilities increased to CNY 758,711,304.03 from CNY 702,589,480.10, representing an increase of approximately 7.5% year-over-year[44] - The company’s long-term borrowings increased to CNY 150,639,664.32 from CNY 100,702,488.09, representing a growth of about 49.6%[44] Equity - Equity attributable to shareholders of the listed company was ¥4,133,695,162.40, up 1.10% from the previous year[22] - The total equity remained stable at CNY 652,600,826.00, unchanged from the previous year[44] Operational Metrics - Weighted average return on equity rose to 1.19%, an increase of 0.48 percentage points[21] - Accounts receivable increased by 36.54% due to an increase in bank acceptance bills[24] - Prepayments surged by 258.22% attributed to increased advance payments for goods[24] - The company’s total operating expenses increased to CNY 226,555,912.06 from CNY 205,258,127.79, reflecting an increase of approximately 10.5%[47] Investment Activities - Investment income decreased significantly by 8,387.55% due to losses from long-term equity investments accounted for using the equity method[24] - The company reported a decrease in investment income, with a loss of CNY 7,568,881.64 compared to a loss of CNY 89,176.29 in the previous period[44] - The cash inflow from investment activities was CNY 417,370,150.76, down from CNY 646,199,246.71, indicating a decrease of approximately 35.4%[47] - The cash outflow for investment activities was CNY 430,640,456.59, compared to CNY 41,337,338.37 in the previous period, showing a significant increase[47] Government Subsidies - The company received government subsidies amounting to CNY 10,962,666.01, which are closely related to its normal business operations[57] Other Financial Metrics - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[48] - The cash paid for debt repayment was CNY 200,000,000.00, highlighting the company's commitment to managing its debt obligations[48] - The cash paid for dividends, profits, or interest amounted to CNY 2,013,866.04, compared to CNY 2,180,371.76 in the previous period, showing a slight decrease[48] - The impact of exchange rate changes on cash and cash equivalents was a negative CNY 873,736.65, contrasting with a positive impact of CNY 1,880,426.15 in the prior period[48] - The company did not identify any significant non-recurring gains or losses that would impact its financial performance for the current period[58]