PWRD(SZ:002624) Zhong Guo Jing Ying Bao·2025-10-30 10:57Core Insights - Perfect World reported a significant increase in revenue and net profit for the first three quarters of 2025, with total revenue reaching 5.417 billion yuan, a year-on-year growth of 33% [1] - The gaming segment generated 4.475 billion yuan in revenue, reflecting a 15.64% increase, while the gross profit margin improved from 65.78% to 69.29% [1] - The company is actively developing new games, including the supernatural urban open-world RPG "Yihuan," which is currently in the deep polishing phase [2] Financial Performance - For the first three quarters of 2025, the company achieved a net profit of 666 million yuan, marking a turnaround from losses in the previous year [1] - In Q3 alone, revenue was 1.726 billion yuan, up 31.45% year-on-year, with net profit soaring by 176.59% to 162 million yuan [1] Game Development and Releases - The company has seen a decline in revenue from several existing mobile games due to lifecycle effects, but new high-quality titles have mitigated the negative impact [1] - Notable new releases include "Zhu Xian World" and "Zhu Xian 2," which have contributed positively to revenue in the MMORPG segment [1] - The esports business has also shown a continuous growth trend, with revenue increasing compared to the previous year [1] Upcoming Projects - "Yihuan," an original supernatural urban open-world RPG, completed its domestic and overseas testing phases and is now undergoing further development with advanced technologies [2] - The game is set to feature enhancements using Unreal Engine 5.5 and NVIDIA DLSS4, along with comprehensive optimizations across various game elements [2]