联众(06899) - 2022 - 年度财报

Financial Performance - The annual revenue for 2022 was RMB 217.7 million, representing a 51.4% increase compared to RMB 143.8 million in 2021[5]. - Revenue from the People's Republic of China (PRC) was RMB 175.0 million, a 56.5% increase from RMB 111.8 million in 2021[7]. - Revenue from outside the PRC was RMB 42.7 million, reflecting a 33.6% increase from RMB 32.0 million in 2021[7]. - The loss attributable to equity holders of the Company from continuing operations was RMB 29.6 million, a 60.2% improvement from a loss of RMB 74.4 million in 2021[5]. - Basic loss per share from continuing operations was RMB (2.76), a 60.9% improvement from RMB (7.05) in 2021[5]. - In 2022, the company's total revenue reached RMB 217.7 million, representing an increase of approximately 51.4% compared to the previous year[18]. - The loss attributable to equity holders for the year ended December 31, 2022, was RMB 29.6 million, compared to a profit of RMB 26.5 million for the year ended December 31, 2021[29]. - Revenue for 2022 amounted to RMB 217.7 million, representing an increase of RMB 73.9 million or 51.4% compared to RMB 143.8 million in 2021[30]. - Cost of revenue for 2022 was RMB 133.8 million, an increase of RMB 46.1 million or 52.6% from RMB 87.7 million in 2021, resulting in a slight decrease in gross profit margin from 39.0% to 38.5%[31]. - Other income increased to RMB 21.6 million in 2022, up RMB 11.1 million or 104.5% from RMB 10.5 million in 2021[35]. Assets and Liabilities - The total assets of the Company as of December 31, 2022, were RMB 773.6 million, a decrease from RMB 810.0 million in 2021[9]. - The total liabilities decreased to RMB 107.4 million from RMB 122.0 million in 2021[9]. - As of December 31, 2022, total bank balances and cash decreased by 85.7% to RMB 87.3 million from RMB 609.1 million in 2021[58]. - The current ratio as of December 31, 2022 was 11.4, up from 9.76 in 2021[58]. - The Group's current assets totaled RMB 681.8 million as of December 31, 2022[58]. - The Group's financial assets at fair value through profit or loss amounted to RMB 45.8 million as of December 31, 2022, down from RMB 56.2 million in 2021[65]. - The Group's gearing ratio as of December 31, 2022 was nil, consistent with 2021[58]. Operational Focus and Strategy - The Company is focusing on mobile-based and diversified fields to drive future growth[15]. - The Company has committed to a plan to sell its World Poker Tour business, which has been classified as discontinued operations[10]. - The company plans to further enhance user experience for premium users and improve brand visibility, aiming to promote sustainable growth in PC game revenue[16]. - The company launched several mobile-based game products in 2022, which have been well-received in the market, leading to higher revenue and user growth[17]. - The live broadcast business has established connections with platforms like Kuaishou and Douyin, resulting in millions of users and fans engaging with competitive card and board games[22]. - AGAE's business includes operating HyperX Arena Las Vegas and two mobile arenas, focusing on eSports and entertainment events[23]. - AGAE completed a strategic review in December 2022, planning to expand its eSports business to include a broader range of entertainment and gaming products[23]. - The company aims to attract new and existing users through enhanced marketing efforts and expanded cooperation channels on the PC platform[19]. - The company is exploring opportunities in leisure and puzzle games to provide high-quality services for users of different age groups[20]. - The operation team has built a superior anchor camp covering various categories, enhancing the quality of live card and board game content[22]. - The company plans to apply successful mobile game promotion models to other card and board game products in the future[20]. - The Group's principal activities include online card game development and esports operations, primarily through its subsidiaries in China[1]. Expenses and Cost Management - Selling and marketing expenses decreased to RMB 21.5 million in 2022, down RMB 0.5 million or 2.1% from RMB 22.0 million in 2021[36]. - Administrative expenses decreased to RMB 121.7 million in 2022, down RMB 7.2 million or 5.5% from RMB 128.9 million in 2021[37]. - Research and development expenses amounted to RMB 18.8 million in 2022, a decrease of RMB 5.3 million or 22.2% compared to RMB 24.1 million in 2021[42]. - The total remuneration expenses were RMB 75.7 million, a decrease of 1.9% compared to 2021[85]. Employee and Share Option Schemes - As of December 31, 2022, the Group had 175 employees, with 98 in game development and operation or general administration in the PRC, and 77 for AGAE[85]. - The total outstanding share options as of December 31, 2022, remained unchanged at 73,062,128[133]. - The Group's investments in startup companies are primarily in the internet, sports, and entertainment sectors, focusing on product development and launching[70]. - The Group did not recommend the payment of any final dividend for the year ended December 31, 2022, consistent with the previous year[112]. - The Group's future efforts will focus on promoting sustainability in environmental, social, and corporate governance[110]. - The Company aims to motivate employees through the Employee Pre-IPO Share Option Scheme to optimize performance and retain key contributors[134]. - The Management Pre-IPO Share Option Scheme is effective for a period of 10 years from March 7, 2014, with approximately 1 year remaining as of the date of this annual report[155]. - The total number of shares available for issue under the 2014 Share Option Scheme is 134,392,876 shares, which represents approximately 12.47% of the issued shares as of the date of the annual report[194]. - The share options granted are subject to a vesting period, with 25% vesting on each anniversary of the grant date over four years[191]. Sustainability and Corporate Governance - The Group emphasizes sustainability and resource conservation, encouraging employees to save water, power, and paper, and minimizing environmental impact through online promotions[109]. - The Group's financial risk management objectives and policies are detailed in the consolidated financial statements[99]. - The Group has established a sound promotion and assessment system to encourage fair competition among employees[101]. - The Group's online events provide high-quality and secure services to users, with measures in place to protect user accounts and privacy[102].