Tom(SZ:300459)2021-08-27 16:00Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥917.07 million, a decrease of 2.47% compared to the same period in 2020[26]. - The net profit attributable to shareholders was approximately ¥412.42 million, representing a decline of 17.58% year-on-year[26]. - The net cash flow from operating activities was approximately ¥525.18 million, an increase of 1.95% compared to the previous year[26]. - The basic earnings per share decreased to ¥0.12, down 14.29% from ¥0.14 in the same period last year[26]. - Internet marketing revenue for the reporting period was approximately ¥724.09 million, accounting for 78.96% of total revenue, showing a slight decrease of 3.39% year-over-year[61]. - The advertising trading platform generated approximately ¥721.59 million, representing 78.68% of total revenue, with a year-over-year decline of 2.73%[62]. - The company's advertising business generated ¥724,089,115.46 in revenue, with a gross margin of 87.06%[83]. Assets and Investments - Total assets at the end of the reporting period were approximately ¥6.68 billion, reflecting a slight increase of 0.65%[28]. - The net assets attributable to shareholders increased to approximately ¥3.23 billion, a growth of 17.66% compared to the previous year[28]. - The total initial investment cost for stocks is approximately 295.46 million, with a fair value change gain of about 81.60 million, resulting in a cumulative investment income of approximately 5.02 million[95]. - The total initial investment cost for other assets is approximately 144.17 million, with a cumulative fair value change loss of about 37.06 million, leading to a cumulative investment income of approximately 4.17 million[95]. - The total fair value change loss for all assets amounts to approximately 197.94 million, with a total cumulative investment income of approximately 9.19 million[95]. - The company's cash and cash equivalents decreased by 84.85% compared to the previous year, primarily due to changes in cash flows from operating, investing, and financing activities[82]. Business Strategy and Development - The company is focusing on new product development and market expansion strategies to enhance growth prospects[6]. - The company aims to enhance its global management efficiency and production capabilities while focusing on innovative gameplay and new product categories[41]. - The company is actively expanding its offline business through IP derivatives and authorized business, contributing to a robust development of its full-spectrum IP ecosystem[40]. - The company is expanding its IP-themed parent-child amusement parks, with a notable increase in visitor numbers, averaging over 7,000 family groups per month at select locations[54]. - The company has established partnerships with multiple cities to accelerate the expansion of its amusement park business, aiming to enhance brand influence and achieve its comprehensive IP ecosystem strategy[55]. - The company is actively developing new IPs and gameplay to cater to diverse user needs, including casual and mid-core games, to enhance monetization efficiency[49]. - The company is leveraging new media marketing strategies to reach Generation Z consumers, aiming to tap into emerging consumption trends and expand its product categories[58]. User Engagement and Content - The cumulative download of the "Talking Tom Cat Family" IP series applications has exceeded 16 billion globally, with a monthly active user (MAU) count exceeding 400 million[35]. - The MAU for the core mobile application products during the reporting period were as follows: "My Talking Tom" maintained between 37 million to 43 million, "My Angela" between 49 million to 55 million, and "Talking Tom Gold Run" between 50 million to 70 million[43]. - The company has maintained a long-term operation strategy for its mobile application products, ensuring continuous content updates and upgrades to enhance user engagement[43]. - The company continues to develop high-quality content that promotes positive values through its IP series, including "Talking Tom" and related games[129]. - The average daily online time for users of the company's products is reported to be under 1 hour[130]. Regulatory Compliance and Risk Management - The company has obtained relevant qualifications for the publishing, distribution, and operation of online games, ensuring compliance with the latest laws and regulations[110]. - All products currently in operation have completed the necessary approval for publication and are integrated into the national online game anti-addiction real-name authentication system[110]. - The company emphasizes data security management and user privacy protection through a comprehensive management model[110]. - The company has implemented measures to protect minors, including limiting game usage time and setting spending caps for underage users[130]. - The company has established a professional legal team to protect its intellectual property rights and has implemented strict internal control measures[104]. Shareholder and Stock Information - The total number of shares before the change was 3,515,810,939, with a total of 687,795,804 shares after the change, representing a decrease of 566,177,339 shares, which is a reduction of approximately 16.1%[174]. - The proportion of limited shares decreased from 35.67% to 19.56%, while the proportion of unrestricted shares increased from 64.33% to 80.44%[174]. - The company reported a total shareholding of 493,855,460 shares held by its largest shareholder, Jinke Holdings Group Co., Ltd., representing 14.05% of total shares[185]. - The second largest shareholder, Shaoxing Shangyu Zhuque Equity Investment Partnership, holds 351,238,162 shares, accounting for 9.99% of total shares[190]. - The company has repurchased 37,916,000 shares, which is 1.08% of the total share capital[187]. - The total number of shares held by the top 10 shareholders amounts to 1,080,000,000 shares, indicating a concentrated ownership structure[190]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[196].