Financial Performance - The company's revenue for 2022 was approximately RMB 6,319.3 million, a decrease of 31.1% compared to RMB 9,175.6 million in 2021, primarily due to intensified industry competition and a more cautious operational strategy[2]. - Gross profit decreased from approximately RMB 3,305.1 million in 2021 to approximately RMB 2,546.5 million in 2022, representing a decline of 23.0%, while the gross profit margin increased from 36.0% in 2021 to 40.3% in 2022[3]. - The net loss for the year was RMB 168,459 thousand, compared to a profit of RMB 433,009 thousand in 2021, indicating a significant decline in profitability[9]. - The basic loss per share attributable to shareholders was RMB (0.09), compared to earnings of RMB 0.22 per share in the previous year[10]. - The total comprehensive loss for the year amounted to RMB (90,711) thousand, a significant decrease from RMB 423,822 thousand in 2021[1]. - Operating loss for the year was RMB (46,987) thousand, compared to an operating profit of RMB 457,010 thousand in 2021[7]. - Revenue for the year ended December 31, 2022, was RMB 6,367,267 thousand, a decrease of 27% from RMB 8,750,402 thousand in 2021[45]. - The adjusted net profit for 2022 was RMB 387.7 million, down from RMB 482.5 million in 2021, after accounting for share-based compensation and goodwill impairment[87]. - The group's net loss for the year was approximately RMB 168.5 million, a decrease of 138.9% compared to a profit of RMB 433.0 million in 2021[86]. - The group's other income decreased by 37.9% from RMB 76.8 million in 2021 to RMB 47.6 million in 2022, primarily due to a reduction in tax refunds[79]. Assets and Liabilities - The total equity as of December 31, 2022, was RMB 3,852,442 thousand, a decrease from RMB 3,931,148 thousand in 2021[12]. - Total liabilities decreased from RMB 1,307,244 thousand in 2021 to RMB 808,172 thousand in 2022, reflecting a reduction in financial obligations[12]. - The total assets as of December 31, 2022, were RMB 4,660,614 thousand, a decrease from RMB 5,238,392 thousand as of December 31, 2021[155]. - The group's non-current assets totaled RMB 1,147,847 thousand as of December 31, 2022, down from RMB 1,719,104 thousand in 2021[155]. - The company had a total of RMB 444,680 thousand in trade payables as of December 31, 2022, down from RMB 669,342 thousand in 2021[25]. Impairments and Expenses - The company reported a net financial asset impairment loss of RMB (50,248) thousand, compared to RMB (8,379) thousand in the previous year[7]. - The company incurred goodwill and other intangible asset impairment of RMB 518,661 thousand in 2022, compared to RMB 15,916 thousand in 2021[45]. - The group's administrative expenses increased by 221.0% from approximately RMB 241.2 million in 2021 to approximately RMB 774.3 million in 2022, primarily due to a goodwill impairment provision of approximately RMB 512.8 million related to Social Network Technology Co., Ltd.[94]. - Employee benefits expenses for 2022 were RMB 781,045 thousand, a decrease of 9% from RMB 857,871 thousand in 2021[45]. - The company reported a profit tax expense of RMB 77,608 thousand for 2022, up 92% from RMB 40,313 thousand in 2021[21]. User Metrics and Market Strategy - Monthly average active users decreased to 26,712 thousand, a decline of 37.6% from 42,802 thousand in 2021, while monthly average revenue per user increased by 10.1% to RMB 19.7[117]. - The company plans to expand its offline matchmaking services in more cities, leveraging the recovery of the macro economy[121]. - The group is focusing on expanding its overseas market presence, leveraging successful domestic experiences and adapting to local cultures and practices[108]. - The group aims to enhance user experience and profitability through refined operations and innovative content on its "Yingke Live" platform[105]. - The group is exploring new business models, including virtual live streaming, to capture user demand and enhance platform interactivity[107]. Research and Development - Research and development expenses decreased by 6.6% from RMB 416.0 million in 2021 to RMB 388.7 million in 2022, primarily due to reduced employee costs[77]. - The group is focused on the iteration and development of emerging technologies such as AI and communication, aiming to accelerate the launch of competitive new products[109]. - The group is focusing on innovative product development in response to emerging demands in the entertainment sector, particularly around audio-visual interaction[123]. Governance and Compliance - The company has complied with all applicable provisions of the corporate governance code during the year ended December 31, 2022[30]. - The company has adopted a new restricted share unit plan as of May 12, 2022, but no restricted share units were granted under this plan by December 31, 2022[28]. - The company has adopted the standards set forth in the Listing Rules Appendix 10 regarding the conduct of securities transactions by directors, confirming compliance for the year ended December 31, 2022[177]. - The board believes that having the same person serve as both chairman and CEO is beneficial for the group's management[181]. - The company has a diverse board composition, including two executive directors, one non-executive director, and three independent non-executive directors, ensuring a balance of power and authority[181].
映宇宙(03700) - 2022 - 年度业绩