巨人网络(002558) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was ¥507.54 million, a decrease of 12.55% compared to ¥580.40 million in the same period last year[3] - Net profit attributable to shareholders was ¥244.77 million, down 9.67% from ¥270.99 million year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥262.03 million, a decline of 25.23% from ¥350.45 million in the previous year[3] - Total operating revenue for Q1 2023 was CNY 507.54 million, a decrease of 12.5% compared to CNY 580.40 million in Q1 2022[15] - Net profit for Q1 2023 was CNY 246.12 million, down 7.5% from CNY 265.90 million in Q1 2022[16] - Earnings per share (EPS) for Q1 2023 was CNY 0.13, compared to CNY 0.14 in the same period last year[17] - Other comprehensive income after tax was CNY -129.65 million, compared to CNY -39.97 million in Q1 2022[16] - The company experienced a foreign exchange loss of CNY 3.43 million in Q1 2023, compared to a loss of CNY 1.72 million in the previous year[16] Cash Flow - Operating cash flow for the quarter increased by 34.94% to ¥145.93 million, compared to ¥108.15 million in the same period last year[3] - The net cash flow from operating activities for the current period is CNY 145,934,734.74, an increase of 35% compared to CNY 108,148,799.83 in the previous period[18] - The total cash inflow from operating activities is CNY 580,144,433.98, up from CNY 550,543,471.56, reflecting a growth of approximately 5%[18] - The cash outflow from operating activities decreased to CNY 434,209,699.24 from CNY 442,394,671.73, indicating a reduction of about 2%[18] - The cash flow from investing activities shows a net outflow of CNY 41,174,826.13, compared to a larger outflow of CNY 348,723,404.87 in the previous period[19] - The cash flow from financing activities resulted in a net outflow of CNY 88,941,386.62, significantly higher than CNY 6,291,880.44 in the previous period[19] - The company received tax refunds amounting to CNY 25,117,740.21, a substantial increase from CNY 6,446,258.37 in the previous period[18] Assets and Liabilities - Total assets at the end of the quarter were ¥13.35 billion, reflecting a 1.05% increase from ¥13.21 billion at the end of the previous year[3] - Current assets totaled RMB 2.30 billion, slightly down from RMB 2.31 billion at the start of the year[12] - Non-current assets rose to RMB 11.04 billion, compared to RMB 10.90 billion at the beginning of the year[13] - Cash and cash equivalents stood at RMB 1.75 billion, a slight increase from RMB 1.74 billion at the beginning of the year[12] - The company's accounts receivable increased to RMB 132.91 million from RMB 127.37 million[12] - The total liabilities amounted to RMB 1.38 billion, up from RMB 1.31 billion at the beginning of the year[13] - The company reported a decrease in accounts payable from RMB 51.59 million to RMB 42.13 million[13] Expenses - Total operating costs increased to CNY 456.96 million, up 22.4% from CNY 373.15 million in the previous year[15] - Sales expenses surged by 126.82% to ¥196.36 million, primarily due to increased promotional costs for new game launches[6] - Research and development expenses for Q1 2023 were CNY 146.92 million, a decrease of 14.3% from CNY 171.47 million in Q1 2022[15] Share Repurchase - The company completed a share repurchase plan, buying back a total of 34,188,640 shares, representing 1.7052% of the total share capital, with a total expenditure of approximately RMB 300 million[11] - As of March 15, 2023, the company repurchased an additional 8,625,800 shares, accounting for 0.4302% of total share capital, with a total cost of approximately RMB 88.93 million[11] Future Outlook - The company plans to continue its market expansion and product development strategies in the upcoming quarters[11]