IMS(SH:600556)2024-10-28 09:47Financial Performance - The company's operating revenue for Q3 2024 was ¥1,040,858,954.46, representing a decrease of 1.89% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was ¥20,349,683.83, down 59.21% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,517,550.52, a decrease of 62.18% compared to the same period last year[3]. - The basic earnings per share for Q3 2024 was ¥0.0113, reflecting a decline of 59.21% year-on-year[3]. - Total operating revenue for the first three quarters of 2024 was CNY 3,045,295,579.97, a decrease of 3.9% compared to CNY 3,169,649,515.63 in the same period of 2023[14]. - Net profit for the third quarter of 2024 was CNY 60,547,460.16, a decline of 41.0% from CNY 102,886,469.96 in the same quarter of 2023[15]. - Earnings per share for the third quarter of 2024 were CNY 0.0362, down from CNY 0.0623 in the same quarter of 2023[16]. - Net profit for the first three quarters of 2024 was CNY 18,946,245.71, down 60.66% from CNY 48,144,353.51 in the first three quarters of 2023[22]. - The company’s total comprehensive income for the third quarter of 2024 was CNY 61,507,002.49, down from CNY 100,929,822.07 in the same quarter of 2023[16]. - The company’s total comprehensive income for the first three quarters of 2024 was CNY 18,946,245.71, down from CNY 48,144,353.51 in the same period of 2023[23]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥76,046,728.03, a significant decrease of 211.75% compared to the previous year[3]. - Total current assets decreased from 5,163,557,984.93 RMB at the end of 2023 to 4,695,447,029.83 RMB as of September 30, 2024, a decline of approximately 9.06%[11]. - Cash and cash equivalents decreased from 2,299,426,164.03 RMB to 1,385,500,043.87 RMB, a decrease of about 39.87%[11]. - The net cash flow from operating activities for the first three quarters of 2024 was -76,046,728.03 RMB, compared to -24,393,222.13 RMB in the same period of 2023, indicating a decline in operational cash flow[17]. - Cash and cash equivalents at the end of Q3 2024 were 1,383,506,704.09 RMB, down from 1,913,182,385.08 RMB at the end of 2023, representing a decrease of about 27.7%[18]. - The company reported a cash inflow of 3,134,156,532.01 RMB from sales and services in the first three quarters of 2024, down from 3,390,099,178.23 RMB in the same period of 2023, a decline of approximately 7.6%[17]. - The cash outflow for purchasing goods and services was 2,842,483,973.12 RMB in 2024, compared to 2,968,156,684.94 RMB in 2023, reflecting a decrease of about 4.2%[17]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥5,500,912,781.84, down 6.69% from the end of the previous year[3]. - The total liabilities as of September 30, 2024, were 57,677,260.47 RMB, compared to 55,318,249.38 RMB at the end of 2023, indicating an increase of about 4.3%[20]. - The company reported a total liability of CNY 1,655,555,370.45 as of the end of the third quarter of 2024, compared to CNY 2,096,069,995.26 at the end of the same period in 2023, indicating a decrease of 21.0%[14]. - The total assets as of September 30, 2024, were 3,089,389,943.34 RMB, slightly down from 3,096,104,777.24 RMB at the end of 2023[20]. - The company’s total liabilities and equity amounted to CNY 3,089,389,943.34, slightly down from CNY 3,096,104,777.24 in the previous year[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 80,490[8]. - The largest shareholder, ShowWorld HongKong Limited, holds 332,615,750 shares, representing 18.40% of total shares[8]. - The equity attributable to shareholders at the end of Q3 2024 was ¥3,871,925,939.26, showing a slight increase of 0.99% compared to the end of the previous year[3]. - The total equity attributable to shareholders of the parent company was CNY 3,871,925,939.26, an increase of 1.0% from CNY 3,833,812,826.72 in the previous year[14]. Expenses and Impairments - The company recorded a credit impairment loss of CNY -47,391,677.10, compared to CNY -25,847,753.50 in the previous year, indicating a significant increase in credit losses[15]. - The company incurred a significant increase in credit impairment losses, totaling CNY -33,803,111.75 in 2024 compared to CNY -4,767,245.68 in 2023[22]. - Research and development expenses for the first three quarters of 2024 were CNY 60,377,243.86, down 23.5% from CNY 79,024,473.57 in the same period of 2023[14]. - The company reported a decrease in management expenses to CNY 4,971,445.76 from CNY 6,010,330.13 in the previous year, reflecting a cost control strategy[22]. - The company’s financial expenses showed a significant change, with interest income rising to CNY 5,231,995.13 from CNY 3,350,166.61 in the previous year[22]. Investment Activities - Total cash inflow from investment activities increased significantly to 1,091,589,442.15 RMB in 2024 from 518,955,989.34 RMB in 2023, reflecting a growth of approximately 110.5%[18]. - The net cash flow from investment activities was -305,148,829.77 RMB in 2024, a decrease from 43,162,649.54 RMB in 2023, indicating a negative trend in investment returns[18]. - Investment activities generated a net cash inflow of CNY 34,484,989.10 in the first three quarters of 2024, compared to CNY 29,621,492.70 in the same period of 2023[24].