BTH(SH:600640)2019-10-30 16:00Financial Performance - Operating revenue increased by 10.66% to CNY 2,818,869,734.37 for the year-to-date period[5] - Net profit attributable to shareholders decreased by 52.23% to CNY 88,259,187.66 compared to the same period last year[5] - Basic and diluted earnings per share decreased by 52.24% to CNY 0.1109[6] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 60.00% to CNY 57,969,297.92[5] - The company reported a net loss of CNY 31,445,759.59 for the period, compared to a profit of CNY 81,381,221.36 in the previous year[29] - Net profit for Q3 2019 was approximately $49.50 million, a decrease of 13.93% from $57.32 million in Q3 2018[32] - The company reported a total revenue of 2.819 billion yuan for Q3 2019, with a net profit attributable to shareholders of 88.26 million yuan, representing a year-on-year decline of 52.23%[18] - The company’s total revenue for the first three quarters of 2019 reached approximately $2.82 billion, an increase of 10.63% compared to $2.55 billion in the same period of 2018[31] Cash Flow and Assets - Net cash flow from operating activities showed a significant decline of 166.52%, resulting in a negative cash flow of CNY -274,152,678.37[5] - The net cash flow from operating activities decreased by 686 million yuan (-166.52%) compared to the same period last year, largely due to a significant recovery of receivables in the previous year[19] - The company reported a net cash outflow from operating activities of CNY -274,152,678.37 in the first three quarters of 2019, compared to a positive cash flow of CNY 412,151,609.43 in the same period of 2018[38] - Total cash and cash equivalents decreased to CNY 201,003,623.40 from CNY 322,015,378.94, a decline of approximately 37.5%[26] - Total cash inflow from investment activities was 315,009,448.49 RMB, down from 713,055,651.41 RMB, representing a decrease of about 55.8%[41] - Cash and cash equivalents at the end of the period totaled 26,003,623.40 RMB, a significant drop from 70,513,797.60 RMB, reflecting a decrease of approximately 63.2%[41] Shareholder Information - The total number of shareholders reached 25,524 by the end of the reporting period[10] - The largest shareholder, China Telecom Group, holds 51.16% of the shares, totaling 407,061,147 shares[10] Revenue by Business Segment - The gaming business revenue for the first nine months of 2019 was RMB 12,717.03 million, a decrease of 47.26% compared to the same period in 2018[13] - The total revenue from the video business for the first nine months of 2019 reached RMB 71,849.22 million, representing a growth rate of 21.28% year-on-year[15] - The company reported a significant decline in the revenue from digital reading, which fell by 64.80% to RMB 5,802.72 million in the first nine months of 2019[15] - The total revenue from the animation business was RMB 2,469.80 million, reflecting a decrease of 63.16% compared to the previous year[15] - The company experienced a 55.27% decline in revenue from application distribution, totaling RMB 4,818.59 million in the first nine months of 2019[15] Expenses and Liabilities - The company experienced a decrease in sales expenses by 84.10 million yuan (-54.67%) mainly due to a reduction in channel service fees[19] - The company’s financial expenses decreased by 18.05 million yuan (-42.12%) mainly due to an increase in interest income[19] - Current liabilities decreased to CNY 29,173,833.35 from CNY 81,171,818.95 year-over-year, indicating a reduction of approximately 64.1%[28] - Total liabilities decreased to CNY 31,120,125.35 from CNY 83,118,110.95, reflecting a decline of about 62.6%[28] User Engagement Metrics - The cumulative registered users for mobile games reached 24,835.2 thousand, with monthly active users at 2,459.9 thousand and average revenue per user (ARPU) of RMB 19.8[15] - The average monthly active users for the "Tianyi Reading" product were 398.34 thousand, with an ARPU of RMB 17.43[15] - The total cumulative registered users for the "Oxygen Audiobook" product reached 2,562 thousand, with an average monthly active user count of 417.01 thousand[15] - The cumulative registered users for the "Tianyi Space" product were 26,110.73 thousand, with a monthly average ARPU of RMB 11.38[15]