MDK(SH:688079)2021-04-27 16:00Financial Performance - Operating income for the period was CNY 111,524,632.66, representing a 16.59% increase year-on-year[6] - Net profit attributable to shareholders decreased by 22.87% to CNY 27,131,124.54 compared to the same period last year[6] - The weighted average return on equity decreased by 4.79 percentage points to 2.99%[6] - Basic earnings per share dropped by 89.47% to CNY 0.08 compared to the same period last year[6] - Operating profit for Q1 2021 decreased to CNY 29,401,785.88, down 26.4% from CNY 39,962,427.94 in Q1 2020[29] - Net profit for Q1 2021 was CNY 29,321,169.46, a decline of 26.4% compared to CNY 39,835,557.50 in Q1 2020[29] - The company reported a total comprehensive income of ¥10,959,960.33 for Q1 2021, down from ¥28,189,485.14 in Q1 2020[34] Assets and Liabilities - Total assets increased by 78.96% to CNY 1,934,578,822.10 compared to the end of the previous year[6] - Total current assets reached ¥1,070,767,649.18, up from ¥267,541,274.86, indicating substantial growth[21] - Total liabilities decreased to ¥363,929,268.91 from ¥479,536,135.45, showing a reduction in financial obligations[23] - Total equity increased significantly to ¥1,570,649,553.19 from ¥601,477,104.45, indicating strong financial health[23] - Total liabilities decreased to CNY 82,517,244.26 from CNY 173,393,507.69 year-over-year[27] Cash Flow - The net cash flow from operating activities was CNY 34,578,642.65, a 37.08% increase compared to the same period last year[6] - Cash received from sales and services in Q1 2021 was ¥122,707,431.64, an increase of 39.7% from ¥87,793,138.79 in Q1 2020[36] - Total cash inflow from operating activities was ¥233,671,071.67, up 117.5% from ¥107,415,764.14 in the previous year[39] - The net cash flow from financing activities was ¥893,694,600.43, compared to a negative cash flow of ¥90,384.81 in the same period last year[40] Shareholder Information - The total number of shareholders reached 21,630 by the end of the reporting period[12] - The top ten shareholders held a total of 41.16% of the shares, with the largest shareholder holding 165,196,355 shares[12] Research and Development - Research and development expenses accounted for 14.20% of operating income, an increase of 4.61 percentage points year-on-year[8] - Research and development expenses surged by 72.60% to CNY 15,838,366.28, indicating increased investment in innovation[17] - Research and development expenses increased to CNY 15,838,366.28, representing a 72.5% rise from CNY 9,176,346.58 in Q1 2020[29] Investment and Financing - The company reported a net investment income of CNY 1,980,599.00, a staggering increase of 1831.54% compared to CNY 102,540.00 in the previous year[17] - The company’s cash inflow from investment activities surged to CNY 962,434,840.29, a 22077.84% increase due to the initial public offering[17] - Cash inflow from financing activities totaled ¥997,434,840.29, with a significant increase from ¥0.00 in Q1 2020[40] Inventory and Costs - The total inventory increased by 31.39% to CNY 72,110,303.64, attributed to a rise in raw material stock[16] - The gross profit margin increased, with operating costs rising to CNY 49,992,699.57, a 36.16% increase from CNY 36,715,881.42 in the previous year[17] - Total operating costs for Q1 2021 were CNY 80,533,361.62, up 41.9% from CNY 56,771,912.13 in Q1 2020[29]