巨人网络(002558) - 2024 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2024 was ¥791,274,181.21, a decrease of 3.94% year-over-year[2] - Net profit attributable to shareholders was ¥353,093,651.88, down 16.18% compared to the same period last year[2] - Net profit excluding non-recurring items was ¥389,792,919.64, reflecting an 8.23% decline year-over-year[2] - Basic earnings per share decreased by 17.39% to ¥0.19[2] - The net profit for Q3 2024 was approximately ¥1.08 billion, a slight decrease from ¥1.09 billion in Q3 2023, representing a year-over-year decline of about 0.3%[18] - The total comprehensive income for Q3 2024 was approximately ¥927.39 million, down from ¥1.43 billion in Q3 2023, indicating a decrease of around 35%[18] Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥734,918,882.14, down 8.19% from the previous year[2] - Cash flow from operating activities generated ¥734.92 million, compared to ¥800.47 million in the same period last year, reflecting a decline of approximately 8.2%[19] - The net cash flow from investment activities was negative at approximately -¥268.57 million, worsening from -¥27.21 million in the previous year[19] - The net cash flow from financing activities was negative at approximately -¥501.24 million, compared to -¥645.09 million in Q3 2023, showing an improvement of about 22.3%[20] - The company received cash from investment returns amounting to ¥73.15 million, an increase from ¥60.76 million in the previous year, indicating a growth of approximately 20.4%[19] Assets and Liabilities - Total assets increased by 3.87% to ¥13,887,674,350.33 compared to the end of the previous year[2] - The total liabilities rose to CNY 1,648,798,643.34, compared to CNY 1,638,581,089.32 in the previous year[15] - The company's equity attributable to shareholders increased to CNY 12,195,041,865.87 from CNY 11,688,701,654.62 in Q3 2023[15] - Cash and cash equivalents at the end of Q3 2024 stood at approximately ¥1.84 billion, a slight decrease from ¥1.86 billion at the end of Q3 2023[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 86,265[7] - The largest shareholder, Shanghai Giant Investment Management Co., holds 28.59% of the shares, totaling 564,205,115 shares[7] - The second largest shareholder, Shanghai Tengpeng Investment Partnership, holds 9.91% of the shares, totaling 195,574,676 shares[7] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares[8] Share Repurchase Plan - The company plans to repurchase shares with a total amount not exceeding RMB 200 million, with a maximum repurchase price of RMB 20 per share[12] - As of September 30, 2024, the company has repurchased a total of 8,396,400 shares, accounting for 0.43% of the total share capital[12] - The maximum number of shares expected to be repurchased at the upper limit of the plan is approximately 10,000,000 shares[12] - The company’s stock repurchase plan was approved on December 25, 2023, and is set to be executed within 12 months[12] Operating Performance - Total operating revenue for Q3 2024 was CNY 2,218,411,601.50, a decrease of 2.15% from CNY 2,267,254,807.49 in Q3 2023[17] - Total operating costs decreased to CNY 1,637,464,224.15, down 2.96% from CNY 1,687,437,439.06 in the previous year[17] - The company reported an operating profit of CNY 1,115,407,147.36, compared to CNY 1,140,724,563.17 in the same period last year, reflecting a decrease of 2.23%[17] Research and Development - Research and development expenses for the quarter were CNY 520,990,402.11, slightly up from CNY 517,485,428.64 in Q3 2023[17] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[17] Financial Expenses - The company reported a significant increase in financial expenses, with a change of -109.14% due to decreased interest income[5]