Financial Performance - The total revenue for 2019 was approximately ¥8.04 billion, a slight increase of 0.07% compared to ¥8.03 billion in 2018[11]. - The net profit attributable to shareholders decreased by 11.92% to approximately ¥1.50 billion from ¥1.71 billion in 2018[11]. - The net profit after deducting non-recurring gains and losses fell by 24.88% to approximately ¥1.09 billion compared to ¥1.45 billion in the previous year[11]. - Basic and diluted earnings per share decreased by 10.77% to ¥1.16 from ¥1.30 in 2018[11]. - The total assets at the end of 2019 were approximately ¥16.63 billion, reflecting a 4.08% increase from ¥15.98 billion at the end of 2018[11]. - The net assets attributable to shareholders increased by 12.75% to approximately ¥9.51 billion from ¥8.44 billion in 2018[11]. - The company reported a net profit attributable to shareholders of ¥150,279,670, a decrease of 11.92% year-on-year[30]. - The company's net profit for 2019 was RMB 1,502,796,662.19, reflecting a stable financial performance[88]. - The total revenue for the year reached ¥8,039,021,278.77, a slight increase of 0.07% compared to the previous year[31]. Cash Flow and Investments - The net cash flow from operating activities significantly improved to approximately ¥2.02 billion, a 1,656.63% increase from a negative cash flow of approximately ¥130 million in 2018[11]. - The net cash flow from operating activities improved significantly from -¥174,932,173.72 in Q1 to ¥1,206,099,284.87 in Q4[14]. - Investment activities resulted in a net cash outflow of ¥1,994,321,922.21, primarily due to increased investments in structured deposits and fixed assets[42]. - The company reported an investment income of ¥229,404,076.76, contributing 17.05% to the total profit[43]. - The fair value change profit was ¥427,384,787.16, accounting for 31.76% of the total profit[43]. - The company reported a significant increase in pre-receipts for film and television sales, rising by 1.08% to ¥605,757,140.75[46]. Revenue Breakdown - The gaming segment generated revenue of CNY 686,074.85 million, representing a year-on-year growth of 26.56%[27]. - The proportion of gaming revenue increased to 85.34%, up from 67.48% in the previous year, while film revenue dropped to 14.66%[31]. - The company's film business generated revenue of ¥1,178,272,806.86, a year-on-year decline of 54.90% due to market and industry conditions[31]. - Domestic revenue accounted for 82.07% of total revenue, while overseas revenue was 17.93%, showing a slight decrease of 2.65% year-on-year[32]. Strategic Initiatives - The company expanded its game offerings in the MMORPG sector and made strides in cloud gaming, enhancing its market position[17]. - The company is actively pursuing international expansion, aiming to increase its brand influence globally[22]. - The company is enhancing its esports strategy by leveraging global esports events and building a multi-level event system, including hosting the DOTA2 International in Shanghai[28]. - The company is exploring overseas markets with a focus on integrating global R&D and distribution to expand its user base[28]. - The company is investing in technology innovation, including AR, VR, and cloud gaming, to enhance product offerings and market competitiveness[29]. R&D and Product Development - The company reported an increase in intangible assets due to game development, indicating ongoing investment in R&D[18]. - The company is actively developing multiple new games across various genres, including MMORPG and ARPG, with titles like "New God of War" and "Dream New Perfect World" in the pipeline[27]. - The mobile games launched in 2019, including "Perfect World Mobile," "The Return of the Condor Heroes 2," and "New Smiling, Proud Wanderer," have demonstrated the company's leading R&D capabilities, with multiple mobile games currently in development across various genres[76]. - The company is developing the next-generation PC game "New Zhu Xian World" based on its flagship IP "Zhu Xian" and has several dual-platform games in the pipeline to support healthy growth in both PC and console businesses[76]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥2.4 per 10 shares and a stock dividend of 5 shares for every 10 shares held[3]. - The company distributed cash dividends of RMB 2.40 per 10 shares, totaling RMB 310,245,729.60 for the year 2019, which represents 20.64% of the net profit attributable to ordinary shareholders[88]. - The cash dividend payout ratio for 2019 was 100%, indicating a complete distribution of available profits[89]. - The company has maintained a consistent cash dividend distribution policy over the past three years, with cash dividends of RMB 1.70, RMB 1.80, and RMB 2.40 per 10 shares for 2017, 2018, and 2019 respectively[88]. Market and Competitive Landscape - Increased competition in the gaming and film sectors poses a risk to the company's market position, necessitating continuous innovation and adaptation to changing user preferences[82]. - The company recognizes the risk of core talent loss, which could negatively affect its sustainable development if not managed properly[83]. - The company is expanding its business scale, which requires enhanced internal management to avoid adverse effects on its operations and financial status[84]. Corporate Governance and Compliance - The company has established long-term commitments to avoid conflicts of interest and ensure fair treatment in related transactions[94]. - The company is committed to maintaining a strong governance structure with independent directors overseeing its operations[161]. - The independent directors attended 6 out of 9 board meetings in person and participated in 3 meetings via communication methods[185]. - The audit report was signed on April 23, 2020, by the auditing firm, confirming the fair presentation of the company's financial status[197]. Social Responsibility and Community Engagement - The company actively engages in social responsibility practices, focusing on product innovation, cultural dissemination, employee development, and social welfare[127]. - In 2019, the company established a public welfare fund to support various charitable activities, including education and disaster relief[127]. - The company aims to enhance educational resources in impoverished areas, planning to train 100 local teaching talents over five years in collaboration with local education authorities[130]. - The company emphasizes employee training and development, focusing on professional skills and career planning to enhance employee satisfaction[124].

Financial Performance - The company's operating revenue for the first half of 2019 was ¥3,656,353,643.33, a decrease of 0.29% compared to ¥3,666,895,330.72 in the same period last year[9]. - Net profit attributable to shareholders was ¥1,020,316,711.76, representing a 30.50% increase from ¥781,861,719.88 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥973,037,437.44, up 37.67% from ¥706,772,713.68 year-on-year[9]. - The net cash flow from operating activities was ¥167,170,058.97, a significant improvement of 169.34% compared to a negative cash flow of ¥241,099,766.19 in the same period last year[9]. - Basic earnings per share increased to ¥0.79, up 33.90% from ¥0.59 in the previous year[9]. - Total assets at the end of the reporting period were ¥16,588,477,224.32, an increase of 3.82% from ¥15,978,277,672.00 at the end of the previous year[9]. - Net assets attributable to shareholders reached ¥9,120,019,567.65, reflecting an 8.07% increase from ¥8,439,135,550.13 at the end of the previous year[9]. Revenue Breakdown - In the first half of 2019, the company achieved operating revenue of CNY 365,635.36 million, a year-on-year decrease of 0.29%. Excluding the impact of the cinema business transferred in 2018, the actual revenue growth from gaming and film businesses was 12.44% year-on-year[22]. - The gaming business generated operating revenue of CNY 287,751.86 million, representing a year-on-year growth of 8.06%[23]. - The company's film and television segment generated revenue of approximately RMB 778.84 million, a year-on-year decline of 22.42%, but a growth of 32.25% when excluding the impact of the cinema business divestiture[26]. - Revenue from the gaming sector reached RMB 2,877,518,617.88, accounting for 78.70% of total revenue, with an increase of 8.06% year-over-year[30]. - Mobile online games generated RMB 1,689,494,595.74, a significant increase of 39.42% from RMB 1,211,845,508.49 year-over-year[30]. Cost Management - The company reported a decrease in operating costs to CNY 114,896.22 million, down 22.48% year-on-year, primarily due to the transfer of the cinema business and the impact of the authorized operation model for some games[22]. - The total operating costs for the first half of 2019 were ¥85,760,934.12, compared to ¥33,110,038.36 in the first half of 2018, reflecting an increase of approximately 158.5%[107]. Investment and Development - The company has multiple mobile games in development, covering various genres such as MMORPG, ARPG, and Roguelike, with themes ranging from future sci-fi to ancient mythology[23]. - The company is accelerating its mobile game overseas expansion, with several products suitable for international markets currently in development[23]. - Research and development expenses increased by 8.82% to approximately RMB 712.21 million, primarily due to higher personnel costs[28]. - The company is actively developing new games, including "Unruly Heroes" and "DON'T EVEN THINK," and is also working on several other projects for multiple platforms[25]. Risk Management - The company faced various risks and has outlined measures to address them in the report[2]. - The company faces regulatory risks due to strict management policies in the cultural industry, which could impact future operations[51]. - Increased competition in the gaming and film sectors poses a risk to maintaining market leadership, necessitating ongoing innovation[52]. - The company has a risk of core talent loss, which could affect its production capabilities and market responsiveness[53]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[2]. - The company held two shareholder meetings during the reporting period, with participation rates of 74.79% and 68.19% respectively[55]. - The company completed a share buyback of 22,125,214 shares, accounting for 1.68% of the total share capital, with a total transaction amount of RMB 549,634,912[74]. - The largest shareholder, Perfect World Holdings Group Co., Ltd., holds 34.48% of the shares, totaling 453,364,829 shares, with a decrease of 7,579,900 shares during the reporting period[83]. Financial Position - Cash and cash equivalents at the end of the reporting period were RMB 4,446,076,362.77, accounting for 26.80% of total assets, reflecting net cash flow from operating, investing, and financing activities[32]. - The total amount of financial assets at the end of the period was RMB 1,765,253,377.33[37]. - The company reported a significant increase in inventory to RMB 2,308,336,155.24, which is 13.92% of total assets, mainly due to investments in film productions[32]. - The total liabilities decreased slightly to CNY 6,636,891,969.35 from CNY 6,669,375,276.08, indicating a reduction of about 0.49%[99]. Compliance and Governance - The company has not undergone any bankruptcy reorganization during the reporting period[59]. - There were no significant litigation or arbitration matters during the reporting period[59]. - The company has not faced any penalties or rectification issues during the reporting period[59]. - The financial statements prepared by the company comply with the requirements of the accounting standards, reflecting the financial position, operating results, and cash flows accurately[130].

Financial Performance - The total revenue for 2018 was ¥8,033,765,031.35, representing a year-over-year increase of 1.31% from ¥7,929,815,019.06 in 2017[11] - The net profit attributable to shareholders for 2018 was ¥1,706,101,585.33, an increase of 13.38% compared to ¥1,504,708,688.78 in 2017[11] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,447,006,221.48, reflecting a 3.54% increase from ¥1,397,500,642.46 in 2017[11] - The basic earnings per share for 2018 was ¥1.30, up 14.04% from ¥1.14 in 2017[11] - The diluted earnings per share for 2018 was also ¥1.30, showing a 14.04% increase from ¥1.14 in 2017[11] - The weighted average return on equity for 2018 was 20.41%, slightly up from 19.57% in 2017[11] - The total assets at the end of 2018 were ¥15,978,277,672.00, a decrease of 3.66% from ¥16,584,903,565.67 at the end of 2017[11] - The net assets attributable to shareholders at the end of 2018 were ¥8,439,135,550.13, an increase of 5.96% from ¥7,964,168,464.57 at the end of 2017[11] - The net cash flow from operating activities for 2018 was -¥129,988,896.12, a significant decline compared to ¥804,382,386.88 in 2017, representing a decrease of 116.16%[11] Revenue Breakdown - The gaming segment generated revenue of ¥5,421,118,796.27, accounting for 67.48% of total revenue, but saw a decline of 4.06% year-over-year[28] - The film and television segment reported revenue of ¥2,612,646,235.08, representing a growth of 14.62% year-over-year, and accounted for 32.52% of total revenue[28] - The company’s domestic revenue was ¥6,553,003,521.28, which is 81.57% of total revenue, showing a decrease of 2.15% compared to the previous year[28] - The overseas revenue reached ¥1,480,761,510.07, representing 18.43% of total revenue, with a year-over-year growth of 20.09%[28] - The company’s television series revenue increased by 55.01% year-over-year, amounting to ¥1,748,830,384.20[28] Dividend Policy - The company plans to distribute a cash dividend of ¥1.80 per share (before tax) to all shareholders[3] - The cash dividend for 2018 accounts for 38.10% of the net profit attributable to the company's ordinary shareholders, which is RMB 650,075,917.94 out of RMB 1,706,101,585.33[86] - The company distributed cash dividends of RMB 1.80 per share in 2018, totaling RMB 233.4 million, reflecting its commitment to shareholder returns[84] - The total distributable profit for the company as of December 31, 2018, is RMB 4,437,585,754.41, with the cash dividend representing 100% of the profit distribution[88] - The company has maintained a consistent cash dividend policy, with a notable increase in the cash dividend amount from 2016 to 2018[86] Strategic Partnerships and Market Expansion - The company has established a strategic partnership with Valve Corporation to develop Steam China, enhancing its market presence in the gaming industry[16] - The company is actively exploring investment and cooperation opportunities both domestically and internationally to strengthen its business operations[64] - The company has signed exclusive overseas broadcasting rights for its dramas with several global networks, enhancing its international presence[69] - The company has established partnerships with key industry players to bolster its market presence and distribution channels[101] Research and Development - Research and development expenses amounted to approximately CNY 1.41 billion, which is 17.59% of total operating revenue, up from 16.54% in the previous year[39] - The number of R&D personnel increased by 10.14% to 2,823, representing 65.65% of the total workforce[39] - The company is investing heavily in R&D, allocating 10% of its revenue to develop new technologies and enhance user experience[93] - The company is actively exploring the application of AR, AI, and cloud computing technologies in gaming to create an immersive experience for users[66] User Engagement and Market Performance - User data showed a growth in active users, reaching 30 million, which is a 15% increase compared to the previous year[93] - Perfect World achieved a net profit attributable to shareholders of 1.98 billion RMB in 2018, representing a 20% increase compared to the previous year[96] - The company has expanded its user base, reaching 100 million registered users across its gaming platforms, which is a 15% increase compared to the previous year[101] - User engagement metrics have improved, with daily active users increasing by 10% to 5 million[101] Corporate Governance and Compliance - The company has established a complete governance structure, ensuring independent operation and management[102] - The company has committed to avoiding unnecessary related party transactions, adhering to market principles[103] - The company has maintained financial independence, ensuring no shared bank accounts with controlled entities and independent financial decision-making[102] - The company has a dedicated investor relations management system to enhance communication with investors[170] Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[94] - Future outlook indicates a projected revenue growth of 25% for 2019, driven by new game launches and market expansion strategies[100] - The company plans to enter new international markets, targeting Southeast Asia and Europe, with an expected market entry by Q3 2019[100] - Perfect World aims to enhance shareholder value through consistent dividend payments, targeting a payout ratio of 30% of net income[94]

完美世界股份有限公司 2018 年第三季度报告正文 证券代码：002624 证券简称：完美世界 公告编号：2018-097 完美世界股份有限公司 2018 年第三季度报告正文 2018 年 10 月 1 完美世界股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人池宇峰、主管会计工作负责人曾映雪及会计机构负责人(会计主 管人员)闫晗声明：保证季度报告中财务报表的真实、准确、完整。 2 完美世界股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 15,303,266,080.75 | 16,584,903,565.67 | | -7.73% ...

完美世界股份有限公司 2018 年半年度报告全文 完美世界股份有限公司 2018 年半年度报告 2018 年 08 月 1 完美世界股份有限公司 2018 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人池宇峰、主管会计工作负责人曾映雪及会计机构负责人(会计主 管人员)闫晗声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司已在本报告中详细描述未来将面临的主要风险及应对措施，详情请查 阅本报告"第四节 经营情况讨论与分析"之"十、公司面临的风险和应对措施"部 分，请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 6 | | 第三节 | 公司业务概要 9 | | 第四节 | 经营情况讨论与分析 11 | | 第五节 | 重要事项 22 | | 第六节 | ...