Giant Network(SZ:002558) Nan Fang Du Shi Bao·2025-04-24 16:18Core Viewpoint - Giant Network Group Co., Ltd. reported a 31.15% year-on-year increase in net profit for 2024, driven by the explosive growth of its mini-program gaming business, and announced its intention to distribute dividends for the ninth consecutive year since its listing [2][3] Financial Performance - The company achieved operating revenue of 2.92 billion yuan in 2024, remaining stable compared to 2023, with a net profit attributable to shareholders of 1.42 billion yuan, marking a 31.15% increase year-on-year [3] - The net profit after deducting non-recurring gains and losses was 1.62 billion yuan, up 18.23% from the previous year [3] - Basic and diluted earnings per share were both 0.78 yuan, reflecting a 32.20% increase compared to 0.59 yuan in 2023 [3] - Total assets at the end of 2024 reached 14.74 billion yuan, a 10.26% increase from the previous year [3] Business Segments - Revenue from mobile gaming reached 2.18 billion yuan, a year-on-year increase of 5.19%, while PC gaming revenue declined by 15.83% to 681 million yuan [3] - Other gaming-related business revenue surged by 146.04% to 55 million yuan [3] Key Products and User Growth - The "Zhengtu" IP saw user expansion, with the new mini-program game "Wangzhe Zhengtu" attracting over 25 million new users and generating 600 million yuan in revenue since its launch in February 2024 [4] - The mini-program version of "Qiuqiu Dazhan" achieved significant revenue growth and high user retention, with over 3 million registered users and a daily active user count of 200,000 [4] - The mobile game "Taikong Langren Sha" maintained its leading position in the genre, with its overseas version "Super Sus" seeing over 50% revenue growth in 2024 [4] Investment Income - The company reported investment income of 661 million yuan in 2024, accounting for 45.69% of total profit, which is a 38.60% increase from 477 million yuan in the previous period [4] Cash Flow and Dividends - Operating cash flow net decreased by 8.08% year-on-year due to rising labor costs, but overall cash and cash equivalents increased by 19.29% compared to 2023 [5] - The company plans to distribute a cash dividend of 1.40 yuan per 10 shares, totaling approximately 265 million yuan, leading to an estimated total cash dividend of 530 million yuan for the year [5]