盛天网络(300494) - 2019 Q3 - 季度财报

Financial Performance - Total revenue for the period was ¥184,082,450.39, representing a growth of 29.10% year-on-year[8]. - Net profit attributable to shareholders was ¥21,342,839.13, up 44.35% compared to the same period last year[8]. - The net profit after deducting non-recurring gains and losses was ¥20,763,119.99, an increase of 55.17% year-on-year[8]. - Basic earnings per share were ¥0.0889, reflecting a growth of 44.32% compared to the previous year[8]. - The weighted average return on equity was 2.14%, an increase from 0.63% in the previous year[8]. - The company reported a 507.18% increase in investment income, reaching CNY 3.34 million, primarily from investments in joint ventures[26]. - The total comprehensive income for Q3 2019 was CNY 25,885,333.16, compared to CNY 14,785,002.15 in the same period last year[45]. - Net profit for Q3 2019 reached CNY 25,860,453.72, up 75.0% from CNY 14,785,002.15 in Q3 2018[45]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,498,963,550.94, an increase of 34.46% compared to the end of the previous year[8]. - The total liabilities increased to ¥445,271,726.08, up from ¥126,140,686.00 in the previous year[36]. - The total equity attributable to shareholders of the parent company reached ¥1,006,657,557.01, compared to ¥988,653,504.64 at the end of the previous year[36]. - The company's financial assets increased significantly due to reclassification of wealth management products to trading financial assets, totaling CNY 210 million[19]. - Accounts receivable surged by 200.38% to CNY 268.18 million, primarily due to large receivables from the acquisition of Tianxi Interactive Entertainment[19]. - Intangible assets rose dramatically by 2559.01% to CNY 58.02 million, mainly from game copyrights and development costs associated with the acquisition[19]. - The accounts payable increased by 341.78% to CNY 186.59 million, largely due to payables from the acquisition of Tianxi Interactive Entertainment[22]. Cash Flow - The net cash flow from operating activities was ¥7,614,659.40, showing an increase of 85.99%[8]. - The company’s cash inflow from operating activities rose by 20.06% to CNY 480.81 million compared to the previous year[27]. - Total cash inflow from investing activities reached ¥653,975,257.11, marking a 70.36% increase, mainly driven by an increase in bank wealth management product redemptions[29]. - The total cash outflow from financing activities was ¥64,638,987.00, which represents a 154.14% increase, primarily due to the repayment of short-term bank loans during the reporting period[29]. - The company reported a net cash outflow from investing activities of ¥61,882,710.38, an improvement of 70.43% compared to the previous period[29]. - Cash flow from operating activities generated a net inflow of CNY 7,614,659.40, compared to CNY 4,094,137.77 in the previous year[61]. Expenses - The company reported a 36.57% increase in operating costs, amounting to CNY 309.09 million, driven by higher network promotion and game sharing costs[23]. - The company’s management expenses increased by 33.32% to CNY 22.39 million, mainly due to higher employee compensation[23]. - Research and development expenses increased to CNY 12,886,888.10, representing an increase of 16.8% from CNY 11,034,213.61 in the previous year[43]. - Total operating costs for Q3 2019 were CNY 164,359,532.89, an increase of 26.4% from CNY 129,893,132.65 in the same period last year[43]. - The company reported a decrease in sales expenses to CNY 12,196,134.17, down 30.8% from CNY 17,638,255.12 in Q3 2018[43]. Shareholder Information - The total number of shareholders at the end of the reporting period was 22,906[13]. - The largest shareholder, Lai Chunlin, holds 33.40% of the shares, amounting to 80,160,000 shares[13]. Acquisitions - The company completed the acquisition of 70% equity in Shanghai Tianxi Interactive Entertainment Network Technology Co., Ltd. during the reporting period[30].