CENTURY HUATONG(SZ:002602) Sou Hu Cai Jing·2026-01-30 07:17Core Viewpoint - Century Huatong Group Co., Ltd. has reported significant growth in its 2025 performance forecast, driven by the synergy between its domestic and overseas gaming sectors, which has become the core growth engine [1] Financial Performance - The company expects a consolidated revenue of approximately 38 billion yuan for 2025, representing a year-on-year increase of about 68% [2] - Net profit attributable to shareholders is projected to be between 5.55 billion yuan and 6.98 billion yuan, reflecting a year-on-year growth of 357.47% to 475.34% [2] - The net profit after deducting non-recurring gains and losses is anticipated to be between 5.8 billion yuan and 6.33 billion yuan, showing a year-on-year increase of 252.97% to 285.22% [2] - Basic earnings per share are expected to be between 0.77 yuan and 0.97 yuan, compared to 0.17 yuan in the same period last year [2] - Operating cash flow is estimated to grow by over 70% year-on-year, indicating high operational quality [2] Growth Drivers - The company has achieved continuous quarter-on-quarter revenue growth for 12 consecutive quarters and has doubled its net profit for two consecutive years, setting historical highs [3] - The core growth drivers are the sustained efforts in both domestic and overseas gaming sectors, leading to a "multi-hit" development trend [3] Overseas Gaming Sector - Century Games, a subsidiary, has leveraged its integrated R&D, operation, and marketing advantages, employing data-driven operational methodologies [4] - The company is the only overseas gaming firm with leading products in both major gaming sectors, with the hit game "Whiteout Survival" entering the global mobile game "billion-dollar club" and ranking first in China's mobile game exports [4] - The new hit "Kingshot" has achieved rapid growth, ranking 14th in global mobile game revenue and 3rd in China's mobile game exports [4] - The company has also made strides in the casual gaming sector, with the product "Tasty Travels: Merge Games" entering the top 5 in casual merge games and the top 15 in China's mobile game exports [4] Domestic Gaming Sector - The collaboration between Diandian Interactive and Shengqu Games has solidified the performance base [5] - Diandian Interactive has excelled in the SLG category, with the game "Endless Winter" achieving rapid revenue growth and maintaining its position as a leader in the domestic SLG market [5] - Shengqu Games has successfully implemented a "revival" strategy, with new IP mobile games performing well and overall profits increasing by over 30% year-on-year [5] - The company is accelerating the application of AI technology to enhance product development efficiency and operational precision [5] Market Position and Future Outlook - The company has been included in the Shenzhen Stock Connect, which may attract more passive funds and various investors, enhancing liquidity [6] - The company has completed a share buyback of 3 billion yuan, with a total buyback exceeding 13 billion yuan in the last two months, reflecting confidence in future development [6] - The profit forecast remains unchanged, with net profit estimates of 5.5 billion yuan, 8.5 billion yuan, and 10 billion yuan for 2025-2027 [7]