MILKYWAY(SH:603713)2021-04-28 16:00Financial Performance - Operating income rose by 126.93% to CNY 1,443,832,244.63 compared to the same period last year[12]. - Net profit attributable to shareholders increased by 46.11% to CNY 77,649,338.89 compared to the same period last year[12]. - Basic earnings per share increased by 46.13% to CNY 0.5018 compared to the same period last year[12]. - The company reported a net profit margin improvement, with net profit for Q1 2021 showing a positive trend compared to the previous year, although specific figures were not disclosed[50]. - Total operating revenue for Q1 2021 reached ¥1,443,832,244.63, a significant increase of 126.7% compared to ¥636,237,625.16 in Q1 2020[50]. - The company reported a total comprehensive income of CNY 77.41 million for Q1 2021, compared to CNY 53.03 million in Q1 2020, showing an increase of 46%[55]. Assets and Liabilities - Total assets increased by 47.60% to CNY 5,429,134,475.76 compared to the end of the previous year[12]. - Total liabilities as of March 31, 2021, amounted to ¥2,459,743,503.49, up from ¥1,898,679,104.53, indicating an increase of around 29.6%[39]. - The company's total assets reached ¥5,429,134,475.76, compared to ¥3,678,240,679.85, representing a growth of approximately 47.6%[39]. - Total current assets increased to ¥3,199,381,786.81, up from ¥1,798,015,775.80 as of December 31, 2020, representing a growth of approximately 78.1%[36]. - Total liabilities reached CNY 2,070,369,452.74, reflecting an increase of CNY 171,690,348.21[76]. Shareholder Information - Net assets attributable to shareholders increased by 69.12% to CNY 2,894,269,366.40 compared to the end of the previous year[12]. - The company had a total of 9,128 shareholders at the end of the reporting period[15]. - The top shareholder, Chen Yinhe, holds 26.79% of the shares, totaling 44,073,299 shares[15]. - Shareholders' equity totaled CNY 1,779,561,575.32, remaining unchanged[76]. Cash Flow - Net cash flow from operating activities increased significantly by 21,912.17% to CNY 149,630,083.64 compared to the same period last year[12]. - Cash inflow from operating activities for Q1 2021 was CNY 1,516,658,353.83, a significant increase from CNY 626,331,644.98 in Q1 2020, representing a growth of approximately 142.5%[63]. - Net cash flow from financing activities for Q1 2021 was CNY 1,318,388,585.63, a significant rise from CNY 155,786,070.06 in Q1 2020, showing an increase of about 748.5%[68]. - Cash and cash equivalents rose significantly to ¥891,371,936.53 from ¥125,871,153.57, marking an increase of about 608.5%[36]. Investment and Expenses - Research and development expenses increased by 56.78% to ¥8,415,713.98, indicating a commitment to enhancing innovation[26]. - The company reported a 144.50% increase in operating costs, totaling ¥1,270,872,829.10, reflecting the corresponding growth in business activities[26]. - Cash outflow for acquiring fixed assets and other long-term assets rose significantly by 471.63% to ¥90,848,282.10, reflecting ongoing investment in construction projects[29]. - The company reported a significant increase in inventory, which rose to ¥58,413,597.67 from ¥18,847,811.57, reflecting a growth of approximately 209.0%[36]. Future Outlook - The company plans to expand its market presence and invest in new product development to sustain growth momentum in the upcoming quarters[50]. - The company is actively monitoring its debt levels, with a total debt ratio of approximately 53.5% based on total liabilities and total assets[81].