BOTON TECHNOLOGY(SZ:300031)2018-05-10 11:53Financial Performance - Total revenue for Q1 2018 was CNY 433,214,402.48, representing a 17.16% increase compared to CNY 369,754,613.20 in the same period last year[10] - Net profit attributable to shareholders was CNY 53,659,430.57, up 46.99% from CNY 36,505,472.76 year-on-year[10] - Basic earnings per share increased by 46.96% to CNY 0.1352 from CNY 0.0920 in the previous year[10] - The company achieved a revenue of RMB 433.21 million in Q1 2018, representing a year-on-year growth of 17.16%[25] - The company's operating profit rose by 35.16% year-on-year, attributed to the strong performance of games released by Yihuan Network[24] - The company's operating revenue for Q1 2018 was CNY 116,380,937.97, an increase from CNY 90,539,770.85 in the previous year, representing a growth of approximately 28.5%[56] - The net profit for Q1 2018 reached CNY 59,214,939.05, compared to CNY 40,895,760.28 in the same period last year, indicating a year-over-year increase of about 44.7%[54] - The total profit for Q1 2018 was CNY 62,786,017.59, compared to CNY 45,968,680.61 in the previous year, marking an increase of around 36.5%[54] Cash Flow and Assets - Net cash flow from operating activities decreased by 69.88% to CNY 12,583,460.98 from CNY 41,775,949.81 in the previous year[10] - The company's cash flow from operating activities decreased by 69.88% year-on-year, primarily due to increased procurement and marketing expenses[24] - The company's total current assets amounted to approximately 1.326 billion RMB, a slight decrease from 1.350 billion RMB at the beginning of the period[45] - The cash and cash equivalents decreased from approximately 650.26 million RMB to 499.19 million RMB during the reporting period[45] - Current assets decreased to CNY 699.73 million from CNY 753.08 million, indicating a reduction in liquidity[49] - The ending balance of cash and cash equivalents was CNY 126,197,930.71, up from CNY 83,737,898.15 in the previous period, representing a growth of 50.7%[65] Revenue Sources - The company’s overseas game revenue reached CNY 278,854,790.88, accounting for 99.80% of total game revenue during the reporting period[13] - Revenue from App Store and Google Play platforms was CNY 20,181.27 million, making up 72.23% of total game revenue, indicating a reliance on these platforms[12] - The subsidiary Yihuan Network generated a revenue of RMB 279.43 million, with a net profit of RMB 55.00 million, contributing RMB 51.80 million to the parent company's net profit[25] Expenses and Liabilities - Total operating costs amounted to CNY 371.79 million, up 13.8% from CNY 326.80 million year-over-year[53] - The company reported a significant increase in sales expenses, which rose to CNY 140.91 million from CNY 108.47 million, highlighting increased investment in marketing[53] - Total liabilities decreased to CNY 814.83 million from CNY 854.41 million, reflecting a reduction in financial obligations[47] Investments and Acquisitions - The company invested in Luoyu Interactive Chengdu Technology Co., Ltd. to strengthen its expansion into the European and American markets[26] - The company decided to terminate the acquisition of a comprehensive online game company due to failure to reach consensus on core terms[32][33] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,124[17] - The company reported a cash dividend of 45.6283 million RMB, distributing 1.15 RMB per 10 shares based on a total of 396,767,886 shares as of December 31, 2017[39] Future Plans - In Q2 2018, the company plans to launch 2-3 new global mobile games and strengthen investment in promising game content teams[28] - The company added 6 new game products for agency operation during the reporting period, enhancing its global mobile game distribution capabilities[25] Miscellaneous - The company established a "Global Advanced Conveying Technology and Digital Service Innovation Center" to enhance its technological innovation capabilities[27] - The company has not reported any significant changes in the feasibility of investment projects or any non-compliance with external guarantees during the reporting period[40][41] - The company has not utilized any idle raised funds for temporary working capital supplementation[45] - There were no significant changes in the company's investment projects or expected benefits during the reporting period[37]