完美世界(002624) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥2,574,485,375.20, representing a 26.09% increase compared to ¥2,041,731,556.87 in the same period last year[3] - Net profit attributable to shareholders was ¥614,300,082.57, up 26.41% from ¥485,977,492.36 year-on-year[3] - Basic and diluted earnings per share were both ¥0.48, reflecting a 29.73% increase from ¥0.37 in the same period last year[3] - The company achieved operating revenue of CNY 2,574,485,375.20, a year-on-year increase of 26.09%, primarily driven by the gaming business which generated revenue of CNY 2,107,620,123.95, up 47.69% year-on-year[11] - The net profit attributable to shareholders increased by 26.41% year-on-year, with the gaming business net profit rising by 67.33%[11] - The company reported a 158.38% increase in investment income, attributed to higher returns from long-term equity investments accounted for using the equity method[11] - The company reported a net profit for the period is not explicitly stated in the provided documents, but the increase in retained earnings to CNY 6,292,449,224.81 from CNY 5,678,149,142.24 indicates positive performance[22] - The total comprehensive income for Q1 2020 was a loss of ¥12.50 million, compared to a loss of ¥10.22 million in the previous year, showing a decline in overall financial performance[30] Cash Flow - The net cash flow from operating activities reached ¥571,016,149.37, a significant increase of 426.42% compared to a negative cash flow of ¥174,932,173.72 in the previous year[3] - The net cash flow from operating activities turned from a net outflow to a net inflow of CNY 571,016,149.37, mainly due to strong performance in the gaming sector[12] - Cash flow from operating activities generated a net inflow of approximately ¥571.02 million, a turnaround from a net outflow of ¥174.93 million in the same period last year[32] - Cash flow from investing activities showed a net inflow of approximately ¥362.58 million, down from ¥846.03 million in the previous year[32] - The net cash flow from financing activities resulted in a net outflow of approximately ¥1.27 billion, compared to a net outflow of ¥180.58 million in the same period last year, indicating a significant increase in cash outflows[33] - The company reported cash and cash equivalents at the end of Q1 2020 amounting to approximately ¥2.14 billion, down from ¥4.32 billion at the end of the previous year[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,123,925,277.13, a decrease of 3.04% from ¥16,629,394,610.73 at the end of the previous year[3] - The company's long-term borrowings decreased by 45.69% compared to the end of the previous year, primarily due to the repayment of part of the long-term loans[11] - The company's total assets amounted to 16,629,394,610.73 yuan, remaining stable compared to the previous period[38] - Total liabilities increased to CNY 2,384,532,229.67 in Q1 2020, up from CNY 947,573,570.85 in the same period last year[25] - The total liabilities were recorded at 6,500,647,724.46 yuan, unchanged from the previous period[38] Shareholder Information - The net assets attributable to shareholders increased by 6.69% to ¥10,151,398,413.14 from ¥9,514,714,569.45 at the end of the previous year[3] - The total number of ordinary shareholders at the end of the reporting period was 28,749[6] - The company repurchased a total of 17,508,593 shares, which were canceled in August 2019[3] - The company repurchased a total of 571,200 shares, accounting for 0.0442% of the total share capital, with a total transaction amount of CNY 16,020,951[13] Expenses - The company's sales expenses increased by 108.44% year-on-year, mainly due to higher marketing expenses for gaming[11] - Operating costs for Q1 2020 amounted to CNY 1,967,408,362.38, up 30.7% from CNY 1,505,252,690.56 in Q1 2019[27] - Research and development expenses for Q1 2020 were CNY 391,756,067.63, a decrease of 14.2% from CNY 456,704,200.12 in Q1 2019[27] - The company incurred financial expenses of approximately ¥6.53 million in Q1 2020, a significant increase from a negative financial expense of ¥1.30 million in the previous year[29] Other Financial Metrics - The weighted average return on equity was 6.25%, an increase of 0.64% from 5.61% in the previous year[3] - The company's cash and cash equivalents decreased to CNY 2,198,517,816.81 from CNY 2,525,503,815.22, reflecting a decline of approximately 12.9%[19] - The company's inventory decreased to CNY 1,699,846,910.21 from CNY 1,760,214,872.01, indicating a reduction of approximately 3.4%[19] - The company's long-term equity investments rose to CNY 2,162,120,591.13 from CNY 1,913,898,044.58, reflecting an increase of approximately 13.0%[20] - The total owner's equity increased to CNY 10,767,450,499.42 from CNY 10,128,746,886.27, showing a growth of about 6.3%[22]