迅游科技(300467) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥355,529,839.62, a decrease of 24.87% compared to ¥473,244,942.66 in 2021[18]. - The net profit attributable to shareholders was -¥20,847,357.84, an improvement of 88.03% from -¥174,205,315.14 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥45,867,073.05, showing a 76.39% improvement from -¥194,238,102.99 in 2021[18]. - The net cash flow from operating activities was ¥84,589,546.08, down 26.56% from ¥115,176,878.92 in the previous year[18]. - The total assets at the end of 2022 were ¥932,793,612.81, a decrease of 4.44% from ¥976,091,893.83 at the end of 2021[18]. - The net assets attributable to shareholders at the end of 2022 were ¥568,831,620.90, down 2.18% from ¥581,498,292.97 at the end of 2021[18]. - The basic earnings per share for 2022 were -¥0.10, an improvement of 88.37% from -¥0.86 in 2021[18]. - The diluted earnings per share for 2022 were also -¥0.10, reflecting the same improvement of 88.37% from -¥0.86 in the previous year[18]. - The weighted average return on net assets was -3.65%, an increase of 22.76% from -26.41% in 2021[18]. - The total revenue for the reporting period was CNY 355.53 million, a decrease of 24.87% compared to the same period last year[51]. - The total profit for the period was CNY 30.96 million, an increase of 185.79% year-on-year[51]. Market Overview - In 2022, the number of internet users in China reached 1.067 billion, an increase of 35.49 million from December 2021, with an internet penetration rate of 75.6%, up by 2.6 percentage points[28]. - The gaming market in China was valued at 265.884 billion yuan in 2022, with a user base of approximately 664 million, reflecting a year-on-year revenue decline of 10.33%[29]. - The mobile gaming market generated actual sales revenue of 193.058 billion yuan in 2022, accounting for 72.61% of the total gaming market, despite a decrease of 32.48 billion yuan from 2021[29]. - The client game market saw actual sales revenue of 61.373 billion yuan in 2022, representing a year-on-year growth of 4.38%[29]. Business Strategy and Operations - The company emphasizes that its industry is not experiencing continuous decline or technological substitution, ensuring ongoing operational capability[3]. - The company is focusing on high-quality, differentiated development strategies to enhance user experience and strengthen partnerships within the gaming sector[30]. - The company's main business is providing differentiated communication services for global internet users, focusing on network acceleration services for online games and mobile internet application software advertising services[35]. - The company operates under B2C and B2B2C models for internet acceleration services, establishing direct relationships with end-users and collaborating with operators and channel partners[39][41]. - The mobile internet advertising service primarily follows a B2B model, partnering with major advertising platforms to match advertisers with user demographics[42]. Research and Development - The company continues to invest in R&D, focusing on core business technology improvements and product expansions, including VR acceleration plugins[51]. - Total research and development expenses for 2022 were 92,519,406.52 CNY, which is 26.02% of the operating revenue[65]. - The proprietary SCAP technology provides a robust platform for developing real-time interactive application acceleration services, with advantages in network optimization and integration[49]. Governance and Compliance - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors through designated platforms[101]. - The company maintains complete independence in operations, assets, personnel, finance, and business from its controlling shareholders[102]. - The company has established a transparent investor relations management system to enhance communication and understanding with investors[101]. - The company has a governance structure that complies with legal requirements, with no significant discrepancies noted in its governance practices[101]. Shareholder Relations - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[4]. - The cash dividend amount for the year was 0.00 CNY, with no cash dividends or stock bonuses proposed[137]. - The company has maintained a transparent and compliant cash dividend policy, with independent directors fulfilling their responsibilities[136]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 20% to 1.8 billion yuan[154]. - New product launches are expected to contribute an additional 300 million yuan in revenue over the next year[149]. - The company is expanding its market presence in Southeast Asia, aiming for a 10% market share by the end of 2023[149]. - The company plans to pursue strategic acquisitions to bolster its competitive position in the market[149]. Risks and Challenges - The company has faced risks due to the lack of a controlling shareholder and actual controller, which may affect decision-making efficiency and lead to potential hostile takeovers[88]. - The company acknowledges risks associated with international market policies and environmental changes, particularly in the context of US-China trade tensions affecting its operations[90]. - The company is aware of the risks involved in exploring new businesses and fields, particularly with the rise of generative AI technology, and is preparing through market analysis and talent acquisition[92].