游族网络(002174) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 was ¥473,871,237.13, a decrease of 13.00% compared to ¥544,703,006.24 in the same period last year[4] - Net profit attributable to shareholders was ¥42,849,833.45, down 46.40% from ¥79,937,320.30 year-over-year[4] - The net profit after deducting non-recurring gains and losses was ¥5,877,173.31, a significant decline of 88.84% from ¥52,671,168.82 in the previous year[4] - Basic and diluted earnings per share were both ¥0.05, down 44.44% from ¥0.09 in the same period last year[4] - The total comprehensive income for the first quarter of 2023 was CNY 26,170,777.33, a decrease from CNY 56,963,072.96 in the same period last year[65] Cash Flow - The net cash flow from operating activities was negative at ¥91,421,569.35, a decrease of 164.36% compared to a positive cash flow of ¥142,040,562.76 in the same period last year[4] - Cash flow from operating activities showed a net outflow of CNY 91,421,569.35, compared to a net inflow of CNY 142,040,562.76 in the previous year[66] - The net cash flow from investing activities decreased by 34.53% to 64,905,526.57 RMB compared to the same period last year[34] - Cash inflow from investment activities was CNY 170,274,064.30, while cash outflow was CNY 105,368,537.73, resulting in a net cash inflow of CNY 64,905,526.57[69] - The net increase in cash and cash equivalents for the quarter was CNY 8,272,257.30, contrasting with a decrease of CNY 104,354,812.44 in the previous year[71] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,430,572,762.26, an increase of 2.42% from ¥6,278,703,876.42 at the end of the previous year[4] - Total liabilities rose to $1.90 billion from $1.74 billion, an increase of approximately 9%[60] - Long-term equity investments increased slightly to $596.96 million from $590.31 million, a growth of about 1.1%[59] Shareholder Information - Shareholders' equity attributable to the parent company was ¥4,526,139,321.47, a slight decrease of 0.31% from ¥4,540,027,852.64 at the end of the previous year[4] - The total number of ordinary shareholders at the end of the reporting period was 57,917[35] - The first major shareholder changed to Shanghai Jiayou Enterprise Management Partnership, holding 107,331,792 shares, accounting for 11.72% of the total share capital[39] - The company repurchased a total of 17,244,100 shares, accounting for 1.88% of the total share capital, with a total repurchase amount of 200,035,849.71 RMB[56] Government Subsidies and Expenses - The company received government subsidies amounting to ¥6,244,370.31, primarily related to VAT refunds[5] - Research and development expenses increased to $68.77 million, up from $58.86 million, representing a growth of approximately 17%[61] - The income tax expense decreased by 39.98% to 983,428.73 RMB compared to the same period last year[34] - The financial expenses decreased by 39.55% to 4,277,172.00 RMB due to increased exchange gains[34] Borrowings and Financing Activities - The company experienced a 101.28% increase in short-term loans, totaling ¥424,388,149.30, due to new bank loans taken during the period[33] - The net cash flow from financing activities increased by 103.84% to 12,904,561.60 RMB due to new bank loans[34] - The company received CNY 213,400,000.00 from borrowings during the first quarter, compared to CNY 50,942,500.00 in the same period last year[71]