三七互娱(002555) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 was CNY 3.76 billion, a decrease of 7.94% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 774.56 million, an increase of 1.92% year-on-year[4]. - Operating revenue for Q1 2023 was CNY 3,764,728,286.75, down from CNY 4,089,237,792.70, indicating a decrease of about 8.0% year-over-year[23]. - Net profit for the period was CNY 765,278,026.19, compared to CNY 752,911,596.60 in the previous year, reflecting a slight increase of approximately 1.7%[24]. - Operating profit remained stable at CNY 852,660,223.02, showing a marginal increase from CNY 850,573,049.15[23]. - Basic and diluted earnings per share remained stable at CNY 0.35[24]. Cash Flow - The net cash flow from operating activities increased by 116.36% to CNY 1.31 billion[4]. - Net cash flow from operating activities increased by 116.36% year-on-year, rising by 7.05 billion RMB, mainly due to reduced internet traffic expenses[12]. - Cash flow from operating activities was CNY 3,920,647,326.40, slightly down from CNY 3,973,212,918.75, a decrease of approximately 1.3%[25]. - The net cash flow from operating activities for Q1 2023 was CNY 1,311,265,301.83, an increase of 116.5% compared to CNY 606,067,578.24 in the previous period[26]. - Total cash outflow from operating activities was CNY 2,609,382,024.57, down 22.5% from CNY 3,367,145,340.51 in the previous period[26]. - Cash inflow from investment activities totaled CNY 4,873,607,644.43, an increase of 24.8% compared to CNY 3,902,403,146.76 in the previous period[26]. - The net cash flow from investment activities was -CNY 215,035,720.19, a decrease from CNY 138,118,088.42 in the previous period[26]. - Cash inflow from financing activities was CNY 792,000,000.00, significantly up from CNY 370,000,000.00 in the previous period[26]. - The net cash flow from financing activities was CNY 585,988,348.01, compared to -CNY 88,287,256.72 in the previous period[26]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 19.03 billion, an increase of 11.30% from the end of the previous year[4]. - Total current assets at the end of the period amounted to 12.31 billion RMB, up from 10.59 billion RMB at the beginning of the year[19]. - Total non-current assets at the end of the period amounted to 6.71 billion RMB, compared to 6.51 billion RMB at the beginning of the year[19]. - Total liabilities rose to CNY 5,921,898,349.10 from CNY 4,782,578,216.88, marking an increase of about 23.8%[20]. - The total equity attributable to shareholders increased to CNY 12,985,295,281.01 from CNY 12,184,007,604.82, an increase of approximately 6.6%[20]. Operating Costs and Expenses - The company reported a 46.19% increase in operating costs, amounting to an increase of CNY 259 million, primarily due to the growth in revenue from agency games[11]. - Research and development expenses decreased to CNY 199,867,462.43 from CNY 275,736,950.63, a reduction of about 27.5%[23]. - Financial expenses decreased by 212.15% year-on-year, reducing by 0.32 billion RMB, mainly due to an increase in bank interest income of 0.45 billion RMB[12]. - Other income increased by 41.04% year-on-year, rising by 0.11 billion RMB, primarily due to an increase in government subsidies such as VAT refunds[12]. - Investment income surged by 636.80% year-on-year, increasing by 0.09 billion RMB, mainly due to higher equity method investment income from joint ventures[12]. - Fair value changes in investment income rose by 427.63% year-on-year, increasing by 0.83 billion RMB, attributed to the rise in stock prices of listed companies held by the company[12]. Strategic Focus - The company is focusing on product structure transformation and optimization, with over 30 new products planned for future release[6]. - The company has implemented a strategy of "refinement, diversification, and globalization" to enhance its global business presence[5].