天润乳业(600419) - 2021 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2021 reached CNY 462,789,932.75, an increase of 33.19% compared to CNY 347,454,023.83 in the same period last year[5] - Net profit attributable to shareholders was CNY 33,435,567.68, representing a 69.40% increase from CNY 19,737,899.73 year-on-year[5] - Profit before tax surged by 89.93% to CNY 39,323,138.49, driven by higher sales and revenue growth[9] - The net profit attributable to shareholders for the same period was CNY 33.44 million, reflecting a positive performance[10] - Net profit for Q1 2021 was ¥36,233,170.20, compared to ¥18,734,043.83 in Q1 2020, indicating a year-over-year increase of 93.5%[22] Research and Development - The company reported a significant increase in R&D expenses, which rose by 290.19% to CNY 1,534,580.41, reflecting enhanced investment in product development[9] - Research and development expenses for Q1 2021 were ¥1,534,580.41, significantly higher than ¥393,288.98 in Q1 2020, marking a 290.5% increase[21] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -10,175,514.31, an improvement from CNY -55,262,422.15 in the same period last year[5] - The cash flow from operating activities showed a net outflow of ¥10,175,514.31 in Q1 2021, an improvement from a net outflow of ¥55,262,422.15 in Q1 2020[29] - The cash inflow from operating activities totaled ¥483,228,344.62 in Q1 2021, compared to ¥370,819,433.53 in Q1 2020[28] - The ending cash and cash equivalents balance was $310.23 million in Q1 2021, down from $486.71 million in Q1 2020[32] Operating Costs - The company experienced a 49.59% increase in operating costs, totaling CNY 374,972,348.82, primarily due to increased sales volume[9] - The cost of goods sold for Q1 2021 was ¥374,972,348.82, up from ¥250,662,314.07 in Q1 2020, representing a 49.6% increase[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,580,158,252.45, a slight decrease of 0.39% from CNY 2,590,315,396.00 at the end of the previous year[5] - Total liabilities as of March 31, 2021, were CNY 820.26 million, compared to CNY 866.65 million at the end of 2020[16] - Total assets as of the end of Q1 2021 amounted to ¥1,872,691,035.26, a slight increase from ¥1,854,665,119.75 at the end of Q1 2020[19] - Total liabilities for Q1 2021 were ¥518,351,406.77, compared to ¥494,479,965.15 in Q1 2020, reflecting a 4.3% increase[19] Shareholder Information - The number of shareholders reached 33,827, indicating a stable shareholder base[8] - The company's equity attributable to shareholders was CNY 1.60 billion, an increase from CNY 1.57 billion at the end of 2020[16] Inventory Management - The company reported a decrease in inventory to CNY 237.75 million from CNY 284.09 million at the end of 2020, indicating improved inventory management[15] Future Outlook - The company has not indicated any significant changes in its future outlook or major new strategies during the reporting period[10]