心动公司(02400) - 2022 - 年度财报

Financial Performance - In 2022, the company's game revenue reached RMB 2.45 billion, a year-on-year increase of 22.0%[12] - Total revenue for 2022 increased by 26.9% year-on-year to RMB 3.43 billion, marking a historical high for the company[12] - Gross profit rose by 49.7% year-on-year to RMB 1.84 billion, while adjusted EBITDA narrowed significantly by 56.7% to RMB -353 million[12] - Revenue from online games grew by 29.5% to RMB 2,310.8 million, driven by increased income from "Sausage Man" and new games "T3 Arena" and "Torchlight: Infinite"[28] - The net loss for the year ended December 31, 2022, was RMB 574.0 million, a decrease of 37.4% compared to a net loss of RMB 917.3 million for the year ended December 31, 2021[43] User Engagement and Growth - The average monthly paying user for online games increased by 61.0% year-on-year to 1.573 million[12] - TapTap's average monthly active users grew by 31.3% year-on-year to 41.45 million, with revenue increasing by 41.3% to RMB 978 million[12] - The company reported a significant increase in user engagement, with a year-over-year growth of 25% in active users[58] - As of December 31, 2022, the average monthly active users (MAU) for online games decreased by 2.8% year-over-year, while the average monthly paying users increased by 61.0%[19] Game Development and Launches - Two new games, "Torchlight: Infinite" and "T3 Arena," are set to launch in China in 2023, with ongoing testing for several other games[18] - The company launched four self-developed online games in 2022, including "Flash Party," "T3 Arena," "Torchlight: Infinite," and "Unhappy Raccoon," with "T3 Arena" achieving the top position in the App Store free game download charts in 11 countries[21] - The company has a pipeline of games, including "Lily's Sword," which is ready for global launch pending approval[14] Strategic Focus and Future Plans - The company plans to adjust its goals to focus on resource allocation and operational efficiency rather than short-term gains[13] - The company aims to achieve positive cash flow through business growth and refined operations[13] - The company plans to enhance its TapTap platform in China, focusing on user interaction and optimizing the rating system to improve decision-making value[14] - The company is preparing to leverage AI technologies, particularly in content creation and user interaction, to enhance game production efficiency[15] Financial Management and Investments - The company has allocated USD 148.8 million to enhance R&D capabilities and game portfolio, with USD 35.4 million already spent[171] - The company has a remaining balance of USD 147.5 million from the convertible bond proceeds that is yet to be utilized[171] - The company has allocated HKD 222.6 million for potential acquisitions and strategic investments[173] Corporate Governance and Board Structure - The board consists of three executive directors, one non-executive director, and three independent non-executive directors, ensuring strong independence[66] - The company has adopted a corporate governance code and has complied with all applicable provisions as of December 31, 2022[65] - The board is responsible for overseeing major company affairs, including policy formulation and risk management[65] Diversity and Inclusion - The company aims to maintain at least 10% female representation on the board and is committed to promoting gender diversity in senior management[70] - As of December 31, 2022, the gender ratio among employees is 72.0% male and 28.0% female, with efforts to create a supportive environment for female employees[71] Environmental, Social, and Governance (ESG) Initiatives - The company has established a five-tier governance structure for ESG management, with the board of directors as the highest decision-making body[110] - The company aims to enhance investor relations through effective communication channels, including annual general meetings and reports[111] - The company has committed to sustainable development and has set environmental goals for the current year[110] Employee Welfare and Training - The company provides social insurance benefits, including pension, medical, maternity, work injury, unemployment insurance, and housing fund[139] - Employee turnover rate for 2022 was 37.20%, with a higher rate of 40.10% for female employees[138] - The company has established a training management system that includes six categories: general, technical, artistic, operational, planning, and management training[142] Compliance and Risk Management - The company has established a whistleblowing policy to allow employees and stakeholders to report concerns regarding financial reporting and internal controls[80] - The company has implemented internal procedures to manage compliance risks and ensure adherence to local laws and regulations[95] - The company has established an internal audit function to independently review the adequacy and effectiveness of its risk management and internal control systems[95]