游族网络(002174) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 reached ¥1,211,340,610.44, representing a 45.45% increase compared to ¥832,847,667.40 in the same period last year[10] - Net profit attributable to shareholders was ¥363,067,371.81, a significant increase of 110.14% from ¥172,777,932.60 year-on-year[10] - Basic and diluted earnings per share both increased to ¥0.41, up 105.00% from ¥0.20 in the same quarter last year[10] - Operating revenue increased by 45% year-on-year, mainly driven by increased game revenue[35] - Total operating revenue for the current period reached ¥1,211,340,610.44, a significant increase from ¥832,847,667.40 in the previous period, representing a growth of approximately 45.4%[92] - Net profit for the current period was ¥363,056,318.27, compared to ¥172,749,386.54 in the previous period, reflecting a growth of approximately 109%[98] - The total comprehensive income for the current period was ¥274,813,023.87, compared to ¥141,617,178.90 in the previous period, showing a growth of approximately 93.9%[102] Cash Flow - The net cash flow from operating activities surged to ¥463,839,559.31, marking a 576.20% increase from ¥68,594,969.54 in the previous year[10] - Cash flow from operating activities generated a net amount of 463,839,559.31, significantly up from 68,594,969.54 in the previous period, marking an increase of over 576%[116] - Cash inflow from operating activities totaled 1,281,355,092.57, compared to 960,929,153.83 in the previous period, representing a growth of approximately 33.4%[114] - Cash outflow from operating activities was 817,515,533.26, down from 892,334,184.29 in the previous period, indicating a decrease of about 8.4%[114] - Cash flow from investing activities resulted in a net outflow of -87,294,490.03, worsening from -34,675,205.45 in the previous period[117] - Cash flow from financing activities showed a net outflow of -442,891,263.22, compared to a net inflow of 264,397,508.75 in the previous period, indicating a significant shift in financing strategy[120] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,128,512,690.84, a 2.27% increase from ¥8,926,314,621.39 at the end of the previous year[10] - The net assets attributable to shareholders increased to ¥5,225,378,941.82, reflecting a 5.59% growth from ¥4,948,930,985.29[10] - Total liabilities decreased to ¥3,905,972,833.82 from ¥3,980,212,127.03, a decline of about 1.87%[74] - Current liabilities decreased to ¥2,848,907,025.33 from ¥2,952,196,712.13, a reduction of about 3.51%[74] - Non-current liabilities rose to ¥1,057,065,808.49, compared to ¥1,028,015,414.90, indicating an increase of approximately 2.86%[74] - Owner's equity increased to ¥5,222,539,857.02 from ¥4,946,102,494.36, reflecting a growth of approximately 5.57%[76] Expenses and Losses - Operating costs increased by 72% year-on-year, primarily due to higher marketing and game sharing expenses[36] - Financial expenses increased significantly to ¥31,638,160.46 from ¥4,440,581.24, with interest expenses rising to ¥30,477,069.59 from ¥23,352,012.90[95] - The company reported a 230% increase in investment losses year-on-year, primarily due to losses from the disposal of financial assets[40] - The company’s other comprehensive income decreased by 215% compared to the beginning of the period, mainly due to foreign currency exchange rate fluctuations[34] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 68,312, with the largest shareholder holding 30.82%[15] - The company received government subsidies amounting to ¥9,147,143.69 during the reporting period[11] Strategic Focus - The company is focusing on expanding its non-current assets, which totaled ¥6,995,784,307.67, down slightly from ¥7,016,435,276.75, indicating a strategic shift in asset allocation[84] - The company did not execute any significant acquisitions or new product launches during this reporting period[128] - The company has not yet audited the first quarter report, which may affect the reliability of the financial data presented[128] - There were no adjustments made to the financial statements due to the new revenue and leasing standards, indicating compliance with existing regulations[128]