YOOZOO(SZ:002174)2018-08-28 16:00Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,786,787,310.70, representing a 6.38% increase compared to CNY 1,679,690,336.24 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 492,986,038.73, a significant increase of 45.21% from CNY 339,492,288.02 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was CNY 379,496,221.86, which is a 16.24% increase compared to CNY 326,489,499.02 in the previous year[17]. - The basic earnings per share increased to CNY 0.56, up 43.59% from CNY 0.39 in the same period last year[17]. - The total revenue for the reporting period reached ¥1,786,787,310.70, an increase of 6.38% compared to the same period last year[27]. - Net profit attributable to shareholders was ¥492,986,038.73, reflecting a growth of 45.21% year-on-year[27]. - Revenue from mobile games amounted to ¥1,153,889,166.94, showing a year-on-year increase of 7.46%[27]. - Domestic revenue reached ¥838,834,533.04, which is a 25.12% increase compared to the previous year[27]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 6,801,953,393.50, reflecting a 2.50% increase from CNY 6,635,947,807.91 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were CNY 4,134,404,604.14, which is a 2.05% increase from CNY 4,051,162,418.38 at the end of the previous year[17]. - The company's total liabilities increased to approximately 2.671 billion yuan from 2.568 billion yuan at the end of the previous year[172]. - The company's equity decreased to ¥5,402,485,507.20 from ¥5,699,238,783.10, a decline of 5.2%[177]. Cash Flow - The net cash flow from operating activities was CNY 13,720,839.94, showing a significant decrease of 93.31% compared to CNY 205,143,561.68 in the same period last year[17]. - The company's cash and cash equivalents decreased to approximately 1.169 billion yuan from 1.938 billion yuan at the beginning of the period[168]. - The net cash flow from operating activities was ¥271,845,439.07, compared to a net outflow of ¥210,343,581.33 in the previous period[193]. - Cash outflow for operating activities totaled ¥1,088,837,263.83, compared to ¥634,653,588.23 in the previous period[193]. Investments and R&D - Research and development expenses increased by 85.81% to ¥215,002,262.01, driven by higher investments in game development[47]. - The company plans to continuously expand its R&D team to enhance product quality and efficiency in response to the evolving market demands[77]. - The company is focusing on the development of new technologies and products to meet the increasing demands of the gaming market[76]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The largest shareholder, Lin Qi, holds 34.43% of the shares, totaling 305,861,448 shares, with 76,465,362 shares pledged[130]. - The company has repurchased a total of 19,032,867 shares, accounting for 2.14% of the total shares outstanding as of August 29, 2018[117]. Regulatory and Compliance - The company is closely monitoring regulatory changes in the gaming industry to ensure compliance with relevant laws and regulations[80]. - The company has maintained compliance with environmental laws and regulations, with no penalties reported during the period[116]. Strategic Developments - The company launched its first self-developed MMO mobile game "Angel's Era" and has several upcoming titles, including "Game of Thrones: Winter is Coming" and "Shan Hai Jing Hua"[26]. - The exclusive mobile game licensing rights for "Game of Thrones: Winter is Coming" have been granted to Tencent, which is expected to be a strong growth driver for the company[26]. - The company has established branches in multiple international locations, enhancing its global game development and distribution network[43].