Milkground(SH:600882)2025-04-21 10:30Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,233,332,768.29, representing a 6.26% increase compared to ¥1,160,690,731.04 in the same period last year[3]. - Net profit attributable to shareholders was ¥82,396,663.23, a significant increase of 114.88% from ¥38,344,962.77 year-on-year[3]. - The basic earnings per share rose to ¥0.164, reflecting a 115.79% increase compared to ¥0.076 in the previous year[3]. - Operating profit for Q1 2025 was ¥106,192,811.54, significantly up from ¥37,800,618.40 in Q1 2024, marking an increase of 180.5%[16]. - Net profit for Q1 2025 was ¥82,396,663.23, compared to ¥38,344,962.77 in Q1 2024, representing a growth of 115.0%[17]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.164, up from ¥0.076 in Q1 2024, indicating a 115.8% increase[17]. - Revenue for Q1 2025 reached ¥899.20 million, a 17.5% increase from ¥764.96 million in Q1 2024[26]. - Operating profit for Q1 2025 was ¥51.05 million, compared to ¥14.04 million in Q1 2024, marking a significant increase[27]. - Net profit for Q1 2025 was ¥38.04 million, up from ¥13.97 million in Q1 2024, reflecting a growth of 172.5%[27]. Cash Flow and Investments - The net cash flow from operating activities decreased by 29.67% to ¥119,790,217.60 from ¥170,314,597.93 in the same period last year[3]. - Cash flow from operating activities for Q1 2025 was ¥1,302,325,277.12, up from ¥1,255,141,577.85 in Q1 2024, showing a growth of 3.77%[18]. - Cash flow from operating activities for Q1 2025 was ¥307.79 million, compared to ¥67.85 million in Q1 2024, indicating strong operational cash generation[29]. - Cash flow from investing activities for Q1 2025 was -¥470.14 million, a decline from -¥197.42 million in Q1 2024, highlighting increased investment outflows[29]. - Net cash outflow from investing activities was CNY -773,957,746.56, compared to CNY -1,508,602,697.13 in the previous period[20]. - Net cash inflow from financing activities was CNY 432,478,649.21, a significant improvement from CNY -21,057,879.38 in the previous period[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,247,873,572.62, up 6.83% from ¥7,720,899,535.16 at the end of the previous year[4]. - The company's total current assets amounted to CNY 5,244,063,175.43, an increase from CNY 4,880,057,273.54[21]. - The company's total non-current assets reached CNY 3,425,254,717.68, up from CNY 3,132,088,807.52[22]. - Total liabilities increased to ¥3,756,240,954.13 in Q1 2025 from ¥3,311,663,579.90 in Q1 2024, reflecting a growth of 13.4%[16]. - The company's total liabilities increased to RMB 3,820,419,866.62, reflecting a rise in financial obligations[13]. - Total liabilities rose to CNY 4,898,069,057.88 from CNY 4,278,932,546.10[23]. Shareholder Equity - The company's equity attributable to shareholders increased by 1.87% to ¥4,491,632,618.49 from ¥4,409,235,955.26 at the end of the previous year[4]. - Total equity attributable to shareholders rose to ¥4,491,632,618.49 in Q1 2025, compared to ¥4,409,235,955.26 in Q1 2024, an increase of 1.86%[16]. - The company's total equity increased to CNY 3,771,248,835.23 from CNY 3,733,213,534.96[23]. Operational Efficiency - The company implemented cost reduction and efficiency enhancement measures, resulting in a decrease in advertising and promotion expenses compared to the previous year[7]. - Research and development expenses for Q1 2025 were ¥11,575,994.23, compared to ¥11,890,133.48 in Q1 2024, reflecting a decrease of 2.65%[16]. - Financial expenses for Q1 2025 were ¥17,987,995.70, significantly higher than ¥7,576,623.40 in Q1 2024, marking an increase of 137.5%[16]. Acquisitions and Investments - The company completed the acquisition of 100% equity in Inner Mongolia Mengniu Cheese Co., Ltd. for ¥447,682,411.76, which was included in the consolidated financial statements from July 1, 2024[4].