IGG(00799) - 2024 - 年度财报

Revenue Growth - In 2024, the company achieved a significant revenue increase of 67% from its three major projects, contributing to 49% of total revenue, up from 32% in 2023[9] - The new games "Doomsday: Last Survivors" and "Viking Rise" generated approximately HKD 1 billion and HKD 700 million in revenue respectively, together accounting for 30% of the group's total revenue[10] - The long-standing game "King of Kingdoms" continued to perform well, generating nearly HKD 2.6 billion in revenue in its ninth year[10] - The company's APP business accumulated 62 million monthly active users and generated approximately HKD 1.1 billion in revenue, contributing significantly to the group's diversified growth[10] - In 2024, the company achieved a revenue of HKD 5.737 billion, a 9% increase from HKD 5.266 billion in 2023, driven by the success of new games and the APP business[33] - The new games "Doomsday: Last Survivors" and "Viking Rise" contributed approximately HKD 1.021 billion and HKD 0.680 billion respectively, while the APP business generated about HKD 1.088 billion, accounting for 19% of total revenue[34] - The classic game "King of Kingdoms" celebrated its 9th anniversary, generating nearly HKD 2.589 billion, representing 45.1% of total revenue[34] Profitability - The company reported a profit of HKD 580 million in 2024, a substantial increase of 697% compared to the previous year[13] - The company reported a profit of HKD 582.6 million in 2024, a significant increase of 697% year-on-year, with core business profit soaring 3,626% to HKD 655.5 million[18] Future Plans - The company plans to launch a series of new strategy games in 2025, leveraging its strengths in the strategy game sector[13] - The company plans to launch two major strategy games, "Frozen War" and "PSS project," along with a casual game "Tycoon Master" in 2025, aiming for continued growth in gaming and APP sectors[28] User Engagement - The company has established a global presence with approximately 1.5 billion total game users and over 17 million monthly active users[16] - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users[76] - The company has achieved a customer satisfaction rate of 90%, reflecting strong user engagement and loyalty[76] Cost Management - The sales cost for 2024 was HKD 1.126 billion, a decrease of 16% from HKD 1.347 billion in 2023, attributed to reduced operational costs[35] - The net cash inflow from operating activities for the year ended December 31, 2024, was HKD 1.121 billion, significantly up from HKD 128.6 million for the year ended December 31, 2023, primarily due to increased revenue and reduced operating costs[49] Corporate Governance - The company emphasizes effective corporate governance to create shareholder value and has implemented good governance practices[86] - The board consists of nine directors, including five executive directors and three independent non-executive directors, ensuring a balance of power and authority[89] - The company has complied with the listing rules by appointing at least three independent non-executive directors, with independent directors making up one-third of the board[90] - The board has established a three-year term for both executive and non-executive directors, with automatic renewal unless terminated with appropriate notice[107] Environmental, Social, and Governance (ESG) Initiatives - The company has integrated Environmental, Social, and Governance (ESG) risks into its risk management framework[128] - The company aims to ensure new office buildings meet China's Green Building Evaluation Standards and promotes energy-saving and waste reduction measures[145] - The company has established an ESG working group directly led by the board to effectively implement and oversee governance related to ESG matters[143] Risk Management - The board has reviewed the implementation of the shareholder communication policy and found it effective during the year[135] - The company’s internal audit department conducts independent reviews of internal control systems and operational activities, reporting results to the Board[131] - The board is responsible for overseeing risk management and evaluating the nature and extent of risks the group is willing to accept to achieve strategic goals[155] Employee Management - As of December 31, 2024, the group had 2,028 employees, with total employee-related costs amounting to HKD 935 million, a decrease from HKD 1.026 billion in the previous year[59] - The group has a 100% training coverage for all employees on anti-corruption regulations and reporting channels[174] Market Expansion - The company plans to expand its market presence by entering three new countries by the end of the fiscal year[76] - New product launches are expected to contribute an additional $50 million in revenue, with a projected market expansion into Southeast Asia[76] Technology and Innovation - The company has introduced AI-generated content (AIGC) technology to enhance efficiency in code development, art design, and marketing, leading to a reduction in development cycles[190] - The company is investing $10 million in research and development for new technologies aimed at enhancing user experience[76] Community Engagement - The company organized multiple offline esports events and player meetups in 2024, including the first global offline esports competition for "King of Kingdoms" and "Doomsday: Last Survivors" in Thailand, as well as over ten events in Brazil, China, Spain, Turkey, Japan, and South Korea[197] - The company engages with stakeholders through various channels to understand and respond to their expectations, enhancing its sustainable development capabilities[156]