IMS(SH:600556)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,159,143,711.10, representing a year-on-year increase of 36.16%[6] - The net profit attributable to shareholders was ¥93,183,257.94, reflecting a growth of 12.43% compared to the same period last year[6] - The net cash flow from operating activities reached ¥25,934,964.01, showing a significant increase of 125.42% year-on-year[6] - The basic earnings per share for the quarter was ¥0.0515, which is a 12.43% increase from the previous year[6] - Total operating revenue for Q1 2022 reached RMB 1,159,143,711.10, a significant increase from RMB 851,280,223.30 in Q1 2021, representing a growth of approximately 36.1%[32] - Net profit for Q1 2022 was RMB 88,267,629.00, up from RMB 79,927,172.29 in Q1 2021, indicating a growth of approximately 10.3%[34] - The total comprehensive income for Q1 2022 was RMB 88,265,487.47, compared to RMB 79,927,172.29 in Q1 2021, showing an increase of approximately 10.3%[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,895,014,239.66, a decrease of 2.16% from the end of the previous year[9] - As of March 31, 2022, the company's total current assets amounted to approximately RMB 4.27 billion, a decrease of 3.73% from RMB 4.44 billion on December 31, 2021[23] - The company's accounts receivable stood at approximately RMB 2.36 billion, down from RMB 2.41 billion, reflecting a decrease of about 2.23%[23] - Non-current assets totaled approximately RMB 621.82 million, an increase of 10.13% from RMB 564.66 million as of December 31, 2021[27] - The company's total liabilities were approximately RMB 1.19 billion, a decrease of 14.14% from RMB 1.39 billion[29] - The total assets decreased to approximately $3.67 billion from $3.71 billion, reflecting a reduction in overall asset base[48] Equity and Shareholder Information - The equity attributable to shareholders of the parent company increased to approximately RMB 3.72 billion, up from RMB 3.63 billion, reflecting an increase of about 2.93%[29] - The company's total equity was approximately RMB 3.71 billion, a slight increase from RMB 3.62 billion, reflecting a growth of about 2.45%[29] - The total number of ordinary shareholders at the end of the reporting period was 98,212[13] Expenses - The company increased its R&D expenses by 34.14%, focusing on projects like the WEIQ platform and Hong Universe[12] - Sales expenses grew by 50.73%, primarily due to increased personnel costs associated with business growth[12] - Total operating costs for Q1 2022 were RMB 1,070,364,935.02, compared to RMB 755,136,497.80 in Q1 2021, reflecting an increase of about 42.0%[32] - Research and development expenses for Q1 2022 totaled RMB 35,772,277.07, up from RMB 26,667,462.71 in Q1 2021, representing an increase of approximately 34.1%[32] - Sales expenses for Q1 2022 were RMB 80,724,199.55, compared to RMB 53,555,345.50 in Q1 2021, reflecting an increase of about 50.7%[32] Cash Flow - The net cash flow from operating activities for Q1 2022 was RMB 25,934,964.01, a turnaround from a negative cash flow of RMB -102,034,522.75 in Q1 2021[39] - The net cash flow from investing activities was -$89.38 million, compared to -$13.31 million in the previous period, indicating a significant increase in investment outflows[41] - The company's cash and cash equivalents decreased to approximately RMB 1.40 billion from RMB 1.57 billion, a decline of about 10.88%[23] - The company's cash and cash equivalents at the end of the period were approximately $1.34 billion, down from $2.04 billion at the end of the previous period[41] - The net increase in cash and cash equivalents was -$92.74 million, compared to -$112.82 million in the previous period, showing an improvement in cash flow management[41] Financial Challenges - The company reported a decrease in financial income, leading to a 42.96% rise in financial expenses[12] - The company experienced a credit impairment loss of RMB 5,723,681.74 in Q1 2022, compared to a gain of RMB -1,821,375.33 in Q1 2021[32] - The company reported a net loss in cash flow from financing activities of -$29.30 million, compared to a net inflow of $2.26 million in the previous period[41] - The total comprehensive income for Q1 2022 was -CNY 24,107,166.31, reflecting the overall financial challenges faced by the company[56]