Zheng Quan Ri Bao·2025-10-31 16:07Core Insights - The A-share gaming sector has shown mixed performance in Q3 2025, with leading companies like Century Huatong, 37 Interactive Entertainment, and Perfect World reporting significant revenue and profit growth despite a declining overall market [1][2]. Group 1: Company Performance - Century Huatong reported a revenue of 27.223 billion yuan and a net profit of 4.357 billion yuan for the first three quarters, marking a 141.65% year-on-year increase in net profit [1]. - 37 Interactive Entertainment achieved a revenue of 12.461 billion yuan and a net profit of 2.345 billion yuan, with a net profit growth of 23.57% [2]. - Perfect World generated a revenue of 5.417 billion yuan, with a net profit of 666 million yuan, indicating a turnaround from losses in the previous year [3]. Group 2: Market Trends - The Chinese gaming market's actual sales revenue in Q3 2025 was 88.026 billion yuan, reflecting a year-on-year decline of 4.08% [1]. - The mini-game market is experiencing significant growth, with a 40.2% year-on-year increase in revenue, projected to exceed 60 billion yuan in 2025 [2]. - The esports sector continues to grow for Perfect World, with stable revenue from key products like "Counter-Strike: Global Offensive" and "DOTA 2" [3].