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家乡互动(03798) - 2022 - 年度财报
HOMELAND ITLHOMELAND ITL(HK:03798)2023-04-25 09:03

Financial Performance - In 2022, the company achieved revenue of RMB 1,562,940 thousand, a 21.3% increase from RMB 1,287,722 thousand in 2021[7] - Gross profit for 2022 was RMB 1,020,619 thousand, up 6.4% from RMB 958,828 thousand in 2021[7] - Net profit attributable to owners for the year was RMB 465,274 thousand, a decrease of 7.5% compared to RMB 500,713 thousand in 2021[7] - The company reported revenue and gross profit of RMB 1,562.9 million and RMB 1,020.6 million for the year ended December 31, 2022, representing an increase of approximately 37.0% and 21.9% year-on-year, respectively[11] - The net profit attributable to shareholders for the year was RMB 465.3 million, a decrease of 7.1% year-on-year, while the adjusted net profit was RMB 528.6 million[11] - The gross profit increased by 21.9% to approximately RMB 1,020.6 million, while the gross profit margin decreased from 73.4% in 2021 to 65.3% in 2022[18] User Engagement - Daily active users (DAU) grew by 60% year-on-year, while monthly active users (MAU) and paying users increased by 23.6% and 8.2% respectively[9] - Daily active users increased to 13,956,188, a year-on-year growth of 60.0%, and monthly active users reached 62,437,541, up 23.7%[11] - The number of paying players grew to 16,644,819, reflecting an 8.2% year-on-year increase[11] - The company reported a significant increase in user engagement, with a year-over-year growth of 25% in active users[19] Research and Development - R&D expenses rose by 82% to RMB 175 million, focusing on enhancing game play and developing diverse game categories[9] - Research and development investment totaled RMB 175.3 million during the reporting period, focusing on new game features and aesthetics[12] - The company plans to invest in R&D to introduce new game types, including hardcore and competitive games, in 2023[16] - The company is investing $10 million in research and development for new gaming technologies[19] Marketing and Expansion - Sales and marketing expenses rose to RMB 543.7 million, an increase of approximately 80.6% compared to the previous year[12] - The company aims to enhance its product competitiveness to capture market share in a challenging environment[9] - The company plans to launch new localized casual games targeting Southeast Asia and South America, which are expected to generate overseas revenue soon[12] - The company aims to expand its market share in 50 prefecture-level cities across provinces such as Zhejiang, Fujian, Anhui, and Jiangsu in 2023[16] - Future guidance indicates an expected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion[19] Financial Position - Total non-current assets increased to RMB 465,509 thousand in 2022 from RMB 275,768 thousand in 2021[8] - Current assets reached RMB 1,609,796 thousand, compared to RMB 1,453,169 thousand in the previous year[8] - Total equity rose to RMB 1,794,013 thousand in 2022, up from RMB 1,440,304 thousand in 2021[8] - As of December 31, 2022, the company had cash and cash equivalents of approximately RMB 1,163.3 million, compared to RMB 1,125.2 million as of December 31, 2021[30] - The company's capital expenditures for the year ended December 31, 2022, were approximately RMB 104.0 million, significantly up from RMB 29.6 million for the year ended December 31, 2021[33] Dividend Policy - The board proposed a dividend of approximately HKD 179.7 million for the year 2022, bringing total dividends since IPO to approximately HKD 434.7 million[13] - The company is committed to maintaining a sustainable dividend policy while balancing shareholder interests and long-term development[13] - The company proposed a final dividend of HKD 0.14 per share for the year ended December 31, 2022, totaling approximately HKD 179.68 million (equivalent to RMB 157.18 million)[104] Employee and Management - Employee costs increased to approximately RMB 224.8 million for the year ended December 31, 2022, compared to RMB 139.1 million in 2021, primarily due to salary increases and a rise in share-based compensation[38] - The company has a total of 686 full-time employees as of December 31, 2022, with significant roles in R&D, game development, and marketing[38] - The company has established a comprehensive human resources management system covering recruitment, compensation, performance, and employee welfare[176] - The company has implemented measures to enhance water efficiency, including the installation of automatic sensor faucets[170] Compliance and Governance - The company has complied with all relevant laws and regulations in China, obtaining all necessary licenses and approvals for operations as of December 31, 2022[50] - The board consists of nine directors, including six executive directors and three independent non-executive directors as of December 31, 2022[117] - The company has established mechanisms to ensure independent opinions are brought to the board, including annual reviews of board composition[123] - The company has confirmed compliance with the relevant regulations regarding related party transactions during the reporting period[88] Environmental, Social, and Governance (ESG) - The company has identified and assessed significant ESG risks, including climate change and product quality, to manage potential impacts on operations[157] - The company is committed to reducing greenhouse gas emissions through energy efficiency improvements and the introduction of energy-saving measures, with progress ongoing[167] - The company has established environmental goals to address climate change, with good progress recorded during the reporting period[167] - The company has implemented measures to optimize energy efficiency, including promoting carpooling and encouraging the use of public transport, aiming to reduce its carbon footprint[168] Risk Management - The company faces several risks related to contractual arrangements, including potential non-compliance with Chinese laws, which could lead to severe consequences such as the annulment of agreements[84] - The company has implemented measures to mitigate risks associated with contractual arrangements, including quarterly reviews by the board and monthly compliance reports from operational units[85] - The risk management and internal control team is responsible for identifying and monitoring risks, reporting findings directly to the board[135] Customer Service and Player Protection - The company has a dedicated customer service management system to handle player inquiries and complaints, ensuring high service quality through adequate training[192] - The company implements strict measures to protect players, especially minors, including real-name registration and game time limits[193] - Players are notified if they exceed 3 hours of gameplay, with earnings halved if they continue, and accounts are suspended after 10 hours of play in a day[193] - The company has established a comprehensive anti-gambling management system, prohibiting any gambling features in its games[194]