三七互娱网络科技集团股份有限公司2025年第三季度报告

Core Viewpoint - The company reported strong financial performance for the third quarter of 2025, with significant year-on-year growth in revenue and net profit, driven by strategic initiatives and successful game launches [3][4]. Financial Performance - In Q3 2025, the company achieved revenue of 3.975 billion yuan and a net profit of 944.46 million yuan, representing a year-on-year increase of 49.24% [3]. - For the first nine months of 2025, the company reported total revenue of 12.461 billion yuan and a net profit of 2.345 billion yuan, reflecting a year-on-year growth of 23.57% [3]. - The increase in performance is attributed to refined long-term operations of existing products and the successful launch of new games such as "Time Explosion" and "Douluo Continent: Soul World" [3][4]. Strategic Initiatives - The company continues to implement its strategy of product refinement, diversification, and global market expansion, aiming to enhance game quality and broaden its product range [4]. - The company has a rich portfolio of games across various genres, including MMORPG, SLG, and card games, with several titles already approved for release in China [4]. Profit Distribution - The board approved a profit distribution plan for Q3 2025, proposing a cash dividend of 2.10 yuan per 10 shares, amounting to a total distribution of approximately 461.94 million yuan [15][27]. - The company has retained a significant amount of undistributed profits, totaling 8.48 billion yuan as of September 30, 2025 [27]. Cash Flow and Financial Health - The net cash flow from operating activities increased by 30.88% year-on-year, primarily due to reduced internet traffic costs [9]. - The net cash flow from investing activities rose by 63.42% year-on-year, driven by inflows from the purchase and redemption of financial products [9]. Shareholder Information - The company has a total of 2.212 billion shares, with a specific number held in a repurchase account not included in the top shareholder list [10][15]. - The board confirmed that the profit distribution plan aligns with the company's growth and complies with relevant regulations [29].