IMS(SH:600556)2023-04-24 16:00Financial Performance - Total operating revenue for Q1 2023 was ¥954,586,640.81, a decrease of 17.6% from ¥1,159,143,711.10 in Q1 2022[23] - Net profit for Q1 2023 was ¥16,658,204.76, a decline of 81.1% compared to ¥88,267,629.00 in Q1 2022[25] - Operating revenue for the first quarter was CNY 954,586,640.81, a decrease of 17.65% compared to the same period last year[36] - Net profit attributable to shareholders was CNY 19,030,808.15, down 79.58% year-on-year[36] - The total comprehensive income for Q1 2023 was ¥13,059,981.59, compared to a loss of ¥24,107,166.31 in Q1 2022, indicating a strong recovery in overall financial performance[67] Assets and Liabilities - Total assets at the end of Q1 2023 were approximately ¥5.70 billion, a decrease of 0.15% compared to the end of the previous year[7] - Total assets as of the end of the reporting period were ¥5,695,435,435.70, slightly down from ¥5,703,826,578.99 at the end of the previous period[19] - Non-current assets totaled ¥774,737,882.42, a decrease from ¥795,828,206.99 in the previous period[19] - Current liabilities totaled CNY 1,897,397,068.72, slightly down from CNY 1,900,691,958.47 in the previous period[43] - The total liabilities amounted to ¥63,152,324.22, a decrease from ¥66,058,083.37 in the previous reporting period[64] Shareholder Information - The company reported a total of 73,459 common shareholders at the end of the reporting period, indicating a diverse shareholder base[15] - The largest shareholder, ShowWorld HongKong Limited, holds 332,615,750 shares, representing 18.40% of total shares[15] - The second-largest shareholder, WB Online Investment Limited, owns 147,726,614 shares, accounting for 8.17% of total shares[15] - Total equity attributable to shareholders reached ¥3,784,774,035.37, an increase from ¥3,764,907,704.50 year-over-year[45] Cash Flow - Cash flow from operating activities in Q1 2023 was ¥1,238,839,144.72, compared to ¥1,297,799,386.65 in Q1 2022, reflecting a decrease of 4.5%[26] - Net cash flow from financing activities was ¥59,872,758.01, compared to a negative cash flow of ¥29,296,068.02 in the previous year[52] - Cash inflow from operating activities totaled CNY 1,340,394,552.02, while cash outflow was CNY 1,261,783,047.14, resulting in a net cash flow of CNY 78,611,504.88[36] - Cash and cash equivalents at the end of the period amounted to ¥1,965,238,275.99, up from ¥1,342,905,655.02 at the end of the previous year[52] Operational Insights - The report indicates that there were no significant changes in the company's operational strategies or market expansion plans during the quarter[9] - The company has not disclosed any new product launches or technological developments in this reporting period[9] - Future outlook and performance guidance were not explicitly detailed in the report, leaving investors with limited insights into upcoming strategies[9] Expenses - Total operating costs for Q1 2023 were ¥925,065,801.56, down 13.5% from ¥1,070,364,935.02 in Q1 2022[23] - Research and development expenses decreased to ¥28,957,757.55 in Q1 2023 from ¥35,772,277.07 in Q1 2022, a reduction of 19.1%[25] - Financial expenses for Q1 2023 were reported at -¥1,180,335.77, compared to -¥98,429.54 in Q1 2022, showing a significant reduction in financial costs[65] Miscellaneous - The company did not conduct an audit for the Q1 financial report, which may affect the perception of financial reliability[5] - The company reported a significant reduction in management expenses due to lower litigation costs and reduced personnel costs[38] - Other comprehensive income after tax for Q1 2023 was ¥835,522.72, compared to a loss of ¥2,141.53 in Q1 2022[26]