IMS(SH:600556)2021-04-19 16:00Financial Performance - Operating revenue for the period reached approximately ¥851.28 million, representing an increase of 58.73% year-on-year[12] - Net profit attributable to shareholders was approximately ¥82.88 million, up 48.46% from the same period last year[12] - Basic and diluted earnings per share were both ¥0.05, an increase of 66.67% compared to ¥0.03 in the previous year[15] - The total comprehensive income attributable to the parent company was CNY 82,883,558.91, compared to CNY 55,830,221.83 in the same period last year, reflecting an increase[50] - Net profit for Q1 2021 reached $79.93 million, compared to $55.81 million in Q1 2020, reflecting a 43.3% increase[47] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥4.19 billion, a decrease of 0.98% compared to the end of the previous year[12] - Total assets decreased from CNY 4,232,267,000.88 at the end of 2020 to CNY 4,190,676,431.36, a decline of about 0.98%[35] - Total liabilities decreased from CNY 930,280,497.41 to CNY 814,215,917.29, reflecting a reduction of approximately 12.5%[35] - The company's total assets decreased from $3.73 billion to $3.64 billion, a decline of approximately 2.4%[40] - Total liabilities decreased from $690.46 million to $606.62 million, a reduction of about 12.1%[40] Cash Flow - Net cash flow from operating activities was negative at approximately -¥102.03 million, a decline of 124.22% year-on-year[12] - Cash inflow from operating activities totaled CNY 792,465,309.17, compared to CNY 417,769,714.56 in Q1 2020[55] - Cash outflow from operating activities was CNY 894,499,831.92, up from CNY 463,275,329.45 in the previous year[55] - The net cash flow from operating activities was a negative CNY 102,034,522.75, compared to a negative CNY 45,505,614.89 in Q1 2020[55] - The ending cash and cash equivalents balance for Q1 2021 was ¥92,138,785.89, down from ¥219,236,442.72 in Q1 2020[61] Shareholder Information - The total number of shareholders at the end of the reporting period was 37,976[19] - The largest shareholder, Show World Hongkong Limited, held 332,615,750 shares, accounting for 18.40% of total shares[19] Research and Development - R&D expenses rose as the company increased investment in projects such as the WEIQ platform and the Heatwave big data analysis platform[25] - Research and development expenses for Q1 2021 amounted to $26.67 million, a 64.3% increase from $16.24 million in Q1 2020[45] - Research and development expenses for Q1 2021 were CNY 10,450,142.37, down from CNY 16,093,166.66 in Q1 2020[50] Operational Challenges - Operating costs increased due to higher media resource procurement costs, following the growth in business scale[25] - Operating profit for Q1 2021 was a loss of CNY 8,912,738.44, compared to a loss of CNY 3,818,723.47 in Q1 2020[52] - Net profit for Q1 2021 was a loss of CNY 7,283,702.66, worsening from a loss of CNY 3,346,195.88 in the same quarter last year[52] - The company reported a gross profit margin of approximately 11.3% for Q1 2021, compared to 10.5% in Q1 2020[45] Future Outlook - The company has not disclosed specific future outlooks or new product developments in this report[12] - The company plans to continue focusing on expanding its business and enhancing its technological capabilities through increased R&D investment[25]