游族网络(002174) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥437,763,699.03, a decrease of 41.42% year-on-year, and a decrease of 41.87% for the year-to-date period[7]. - The net profit attributable to shareholders for Q3 2022 was ¥3,091,151.72, down 96.62% year-on-year, and down 79.10% for the year-to-date period[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,002,467.75, an increase of 4.70% year-on-year, but a decrease of 42.34% for the year-to-date period[7]. - The company reported a basic earnings per share of ¥0.003 for Q3 2022, a decrease of 97.00% year-on-year, and a decrease of 79.49% for the year-to-date period[21]. - Total operating revenue for the third quarter was ¥1,461,517,525.65, a decrease of 41.8% compared to ¥2,514,343,384.37 in the same period last year[52]. - Net profit for the period was ¥74,024,020.46, a decline of 79.0% from ¥353,777,806.16 in the previous year[59]. - The basic and diluted earnings per share were both 0.08, down from 0.39 in the previous period[61]. - The total comprehensive income attributable to minority shareholders was 211,964,866.53, a decrease from 274,721,908.88 in the previous period[61]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,771,394,899.80, a decrease of 2.46% compared to the end of the previous year[7]. - Total liabilities decreased to ¥1,588,552,118.29 from ¥1,811,288,903.67, a reduction of 12.3%[50]. - Total assets decreased to ¥6,771,394,899.80 from ¥6,942,200,131.70, reflecting a decline of 2.4%[52]. - The company's long-term equity investments were valued at RMB 761,487,230.43 as of September 30, 2022, slightly down from RMB 765,703,303.20 at the beginning of the year[43]. Cash Flow and Investments - The net cash flow from operating activities was 194,077,113.61, compared to 208,158,762.46 in the previous period, indicating a decline[65]. - Cash inflow from operating activities totaled 1,915,444,593.49, down from 3,363,490,904.52 in the previous period[65]. - The net cash flow from investing activities was 68,251,676.09, significantly lower than 818,944,714.96 in the previous period[69]. - The net cash flow from financing activities was -267,985,273.67, compared to -1,047,031,557.75 in the previous period, showing an improvement[69]. - The ending cash and cash equivalents balance was 1,412,511,498.58, up from 1,285,978,508.30 in the previous period[71]. - The cash received from other investment activities was 220,000,000.00, down from 894,297,431.41 in the previous period[69]. - The cash outflow from investment activities totaled 248,657,393.13, compared to 387,759,496.76 in the previous period[69]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,823, with significant share pledges and freezes among major shareholders[22]. - As of September 30, 2022, the company has repurchased a total of 13,699,900 shares, accounting for 1.50% of the total share capital, with a total transaction amount of RMB 159,978,394.71[38]. - The company has a total of 71,097,996 shares held by its controlling shareholder, accounting for 23.99% of the total share capital[34]. - The company reported a significant decrease in sales expenses, which were ¥164,522,959.61 compared to ¥281,464,966.89, a reduction of 41.5%[55]. - The company plans to use its own funds to repurchase shares at a price not exceeding RMB 20 per share, with a total repurchase amount between RMB 200 million and RMB 300 million[35]. - The highest transaction price for repurchased shares was RMB 12.20, while the lowest was RMB 10.97[38]. - The company has a total of 113,042,833 shares that have been transferred to the heirs of the late controlling shareholder, Lin Qi, as of September 30, 2022[34]. Strategic Initiatives - The company plans to launch new self-developed products globally starting in Q4 2022, including "Time Raiders" and "Echocalypse -緋紅の神約-" which have already begun public testing and official launch in various regions[15]. - The company has implemented a focus strategy and lean growth strategy, resulting in a significant reduction in advertising spending while improving efficiency[16]. - The gross profit margin improved by 6.79 percentage points year-on-year, indicating effective operational strategies[20]. - The company plans to continue focusing on cost control and efficiency improvements in future quarters[60]. - Research and development expenses decreased to ¥191,482,928.58, down 40.1% from ¥319,958,776.96 in the same quarter last year[55]. - The company reported a total of RMB 369,559,619.13 in development expenditures as of September 30, 2022, compared to RMB 162,994,857.34 at the beginning of the year, indicating significant investment in new projects[43].