盛天网络(300494) - 2024 Q3 - 季度财报

Financial Performance - Total operating revenue for the current period was ¥852,414,083.24, a decrease of 21.2% compared to ¥1,082,674,104.22 in the previous period[2] - Operating profit for the current period was -¥6,256,492.10, a significant decline from ¥199,753,979.78 in the previous period[2] - Net profit attributable to shareholders of the parent company was ¥2,445,693.71, down from ¥178,961,644.02 in the previous period, reflecting a decrease of 98.6%[4] - The company reported a total comprehensive income of ¥193,051.00, a sharp decline from ¥178,171,767.80 in the previous period[4] - Basic earnings per share decreased to ¥0.0050 from ¥0.3659, indicating a decline of 98.6%[4] Assets and Liabilities - The total liabilities decreased to ¥148,738,941.33 from ¥276,780,707.46, a reduction of 46.3%[1] - The total assets decreased to ¥1,852,660,313.09 from ¥1,992,194,203.33, a reduction of 7.0%[1] - The company’s cash and cash equivalents at the end of the period were ¥470,810,448.58, down from ¥833,335,976.12, a decrease of 43.4%[11] - The company reported a total of ¥1,291,739,825.82 in current assets as of September 30, 2024, compared to ¥1,443,430,383.54 at the beginning of the year, indicating a decrease of approximately 10.5%[49] - The company has a goodwill amounting to ¥317,390,006.00, unchanged from the beginning of the year[49] Cash Flow - Cash flow from operating activities showed a net outflow of -¥150,087,621.22, compared to a net inflow of ¥193,613,210.44 in the previous period[9] - The company reported a net cash flow from operating activities of CNY -150,087,621.22, a decline of 177.52% compared to the previous year[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 56,105[35] - The largest shareholder, Lai Chunlin, holds 24.43% of the shares, totaling 119,808,000 shares[35] Research and Development - Research and development expenses were ¥47,426,277.28, down from ¥56,091,102.23, reflecting a decrease of 15.0%[2] Market and Future Plans - The company plans to expand its market presence and enhance its product offerings through new game launches and IP operations[31] Stock and Audit Information - The company completed the second vesting period of its 2022 restricted stock incentive plan, with 751,500 shares vesting at a grant price of ¥3.83 per share[42] - The second lock-up period of the 2022 employee stock ownership plan was unlocked, allowing for the release of 3,047,130 shares, which accounts for 0.62% of the total share capital[43] - The company appointed Zhongshun Zhonghuan Accounting Firm as its new auditor for the 2024 fiscal year[41] Other Financial Metrics - Investment income increased by 54.81% to CNY 2,947,515.07, mainly due to gains from the disposal of financial assets[30] - The company’s intangible assets rose by 436.03% to CNY 29,137,219.28, attributed to increased payments for game copyrights and development[22] - Accounts receivable increased by 69.42% to CNY 152,993,196.57, primarily due to growth in advertising value-added services and IP operations[22] - Accounts receivable increased from ¥90,303,837.37 to ¥152,993,196.57, representing a growth of about 69.4%[49] - The total assets at the end of Q3 2024 were CNY 1,852,660,313.09, down 7.00% from the end of the previous year[25] - The company’s basic earnings per share were CNY -0.0033, a decrease of 104.87% year-on-year[25] - Cash and cash equivalents decreased by 63.57% to CNY 475,476,765.55 from CNY 1,305,072,967.09 at the end of 2023[22] - The company's cash and cash equivalents decreased from ¥1,305,072,967.09 at the beginning of the year to ¥475,476,765.55 by September 30, 2024, a decline of approximately 63.6%[49]