游族网络(002174) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the quarter was CNY 1,207,417,641.36, representing a year-on-year increase of 32.35%[12] - Net profit attributable to shareholders decreased by 78.03% to CNY 65,505,269.09 compared to the same period last year[12] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 99.46% to CNY 1,627,986.19 compared to the same period last year[12] - Basic earnings per share decreased by 79.41% to CNY 0.07 compared to the same period last year[12] - The weighted average return on equity was 1.15%, down by 4.54% compared to the same period last year[12] - The net profit attributable to shareholders decreased by 20.56% year-on-year, amounting to 560 million yuan, primarily due to increased promotional expenses for overseas products[30] - The estimated cumulative net profit for the year is projected to be between 70,000 and 75,000 million, indicating a potential increase of 172.86% compared to the previous year[63] - The basic earnings per share are expected to be 0.78, reflecting a growth of 160.00% year-over-year[63] - The net profit for the current period is 561,559,627.46, a decrease from 705,115,736.44 in the previous period, representing a decline of approximately 20.3%[132] - The total profit for the current period is 583,252,107.43, down from 726,313,963.98, indicating a decrease of about 19.7%[132] - The operating profit for the current period is 587,575,819.32, compared to 726,052,311.98 in the previous period, reflecting a decline of approximately 19.1%[132] Assets and Liabilities - Total assets increased by 2.58% to CNY 9,157,040,090.26 compared to the end of the previous year[12] - The total number of shareholders at the end of the reporting period was 94,606[17] - The company's trading financial assets increased by 133.92% compared to the beginning of the period, mainly due to the rise in fair value[32] - The company's long-term equity investments increased by 90.85% compared to the beginning of the period, reflecting a strategic increase in external investments[32] - The company's long-term borrowings increased by 145.28% compared to the beginning of the period, mainly due to an increase in bank long-term loans[39] - The total liabilities decreased to ¥3,402,353,590.70 from ¥3,980,212,127.03, showing a reduction of approximately 14.51%[87] - The company's current assets totaled ¥3,441,505,558.79, slightly up from ¥3,399,992,731.45 in the previous year, indicating a growth of about 1.22%[81] - The cash and cash equivalents decreased to ¥1,461,090,751.21 from ¥1,579,004,901.67, reflecting a decline of approximately 7.46%[78] - The total assets decreased to ¥7,629,562,795.39 from ¥7,863,602,059.74, a reduction of approximately 2.9%[104] - The company's equity increased to ¥5,879,471,715.61 from ¥5,676,484,811.35, reflecting a growth of approximately 3.6%[104] Cash Flow - Cash flow from operating activities increased by 37.45% to CNY 135,284,606.70 compared to the same period last year[12] - The net cash flow from operating activities increased by 319.49% year-on-year, driven by increased revenue leading to higher cash receipts[48] - The cash inflow from sales of goods and services reached ¥3,943,524,794.35, compared to ¥2,600,436,244.60 in the previous period, indicating a growth of about 52%[151] - The total cash outflow from operating activities was ¥3,400,339,405.78, up from ¥2,649,714,664.81, reflecting an increase of approximately 28%[152] - The cash inflow from tax refunds was ¥50,973,910.68, down from ¥97,488,262.22, a decrease of about 48%[152] Investments and Development - The company plans to launch the MMO game "New God of War" on November 2 in Europe, America, and Southeast Asia, and the self-developed strategy card game "Youth Three Kingdoms: Zero" on November 12 in China[31] - The company plans to use 65,332.00 million for game development and operations, with 8,351.27 million already spent[60] - The company has invested 18,200 million in bank wealth management products, with no overdue amounts[65] - The company has no derivative investments during the reporting period[58] - The company has no significant contracts or non-operating fund occupation by major shareholders during the reporting period[66][69] Comprehensive Income - The total comprehensive income for the current period is CNY -41,866,831.38, compared to CNY 287,394,511.35 in the previous period[120] - The total comprehensive income attributable to the parent company's owners is 512,635,791.33, down from 698,029,020.32, a decrease of approximately 26.5%[138] Research and Development - Research and development expenses were ¥93,269,702.19, compared to ¥83,248,154.17 in the previous period, showing an increase of about 12.2%[108] - The company's research and development expenses decreased to 459,906.45 from 1,602,282.12, a reduction of approximately 71.3%[139] Financial Expenses - Financial expenses surged to CNY 6,690,619.23 from CNY -1,483,807.19, indicating a substantial increase in costs[120] - The financial expenses for the current period increased significantly to 27,388,207.67 from 4,304,013.71, indicating a rise of approximately 535.5%[139]