中手游(00302) - 2021 - 年度财报

Financial Performance - In 2021, the total revenue of CMGE reached RMB 3,956.6 million, representing a year-on-year growth of 3.6%[7] - Adjusted net profit for 2021 was RMB 630.0 million, a decrease of 21.9% year-on-year[7] - Revenue from IP games reached RMB 2,965.5 million in 2021, representing a year-on-year growth of 12.4%[23] - Game publishing revenue decreased by 5.3% to RMB 2,819.6 million in 2021 from RMB 2,977.9 million in 2020, primarily due to delays in obtaining licenses for several planned game launches[35] - The company reported a net profit of RMB 593.9 million for the year ended December 31, 2021, compared to RMB 690.2 million for the previous year[32] User Engagement - The total number of newly registered users in 2021 was 116.9 million, an increase of 15.0% year-on-year[7] - Average monthly active users reached 19.1 million, reflecting a year-on-year growth of 3.1%[7] - Average monthly paying users increased to 1.4 million, up by 1.8% year-on-year[7] Research and Development - R&D investment rose to RMB 310.7 million in 2021, marking a 48.9% increase from RMB 208.6 million in 2020[7] - The number of R&D personnel increased by 30.0% to 624 in 2021[7] - The company is committed to long-term development strategies in game publishing and research and development, focusing on enhancing its proprietary R&D capabilities[22] Game Development and Releases - The total number of games operated online reached 83 by the end of 2021[7] - The company launched 20 new games in 2021, with 83 games available for download by the end of the year[26] - The company plans to launch several global-themed strategy games, including "Code: Chibi," "Summon Vanguard," and "Code: Qibing," starting in the first half of 2022[12] IP and Licensing - The group’s self-developed business revenue was RMB 905.0 million in 2021, representing a year-on-year growth of 23.9%[11] - In 2021, the group's IP licensing business revenue reached RMB 231.9 million, a year-on-year increase of 106.9%[15] - The company aims to create a competitive IP game ecosystem by acquiring high-quality licensed IPs, including new licenses such as "DreamWorks All-Stars" and "The King’s Avatar" in 2021[23] International Expansion - Overseas business revenue surged to RMB 458.5 million, a staggering increase of 7,260.0% year-on-year, accounting for 11.6% of total revenue[7] - The overseas publishing business is expected to continue high-speed growth, with "True Three Kingdoms" achieving the top position in the free charts in Hong Kong, Macau, and Singapore in its first month[18] Corporate Governance and Compliance - The company is committed to maintaining high standards of corporate governance, as detailed in the annual report[134] - The board of directors includes experienced members, with the CEO having over 10 years of experience in the mobile gaming industry[139] - The company has established compliance procedures to ensure adherence to applicable laws and regulations, and has obtained all necessary licenses and permits for its operations[131] Social Responsibility and ESG - The group has been recognized for its social responsibility, receiving awards such as "Most Socially Responsible Listed Company" at the Golden Unicorn Awards[16] - The company emphasizes sustainable development and corporate social responsibility, integrating environmental management into business decisions[195] - Stakeholder engagement is prioritized, with transparent communication to understand expectations and improve sustainability strategies[197] Financial Management - The company has a total of 123 IPs, including 55 licensed IPs and 68 proprietary IPs, making it the largest IP reserve holder among Chinese game publishers, excluding Tencent Games[22] - The company has a strong focus on risk management and internal controls, as discussed in the audit committee meetings[136] - The company will continue to reassess its dividend policy based on its financial condition and current economic environment[181]