Cao Cao

Insights into CMGE (0302. HK) 2023 Financial Results: Rich Reserve of New Games Set to Drive Significant Business Growth

Retrieved on: 
Lunedì, Aprile 8, 2024
HK, IP, The Fairly OddParents, Ecosystem, ChatGPT, GameWeek Magazine, Guosen Securities, AI, Will, IPS, Publishing, Entrepreneurship, Legend, Research, Animation, Growth, WeChat, Literature, TapTap, Three Kingdoms, Result, Tencent Video, Intellectual property, Culture, Research report, Television, Fatigue, Fire, Cao Cao, Music, Apple Store, IQIYI, Behavior, Battle Through the Heavens, Copywriting, Video game

HK), a game operator listed on the Hong Kong Stock Exchange, recently released its annual financial report for the year 2023.

Key Points: 
  • HK), a game operator listed on the Hong Kong Stock Exchange, recently released its annual financial report for the year 2023.
  • Co-published by CMGE and Tanwan Games, the game secured a license in July 2023 and initiated a reservation campaign in August, attracting over 6 million sign-ups.
  • Industry experts noted that one of the emerging opportunities in the game industry in 2023 was the rise of the mini-game market.
  • According to analysts, CMGE, a forerunner in IP games, possesses extensive IP reserves conducive to achieving high-quality and premium product-driven development.

CMGE Released Its Annual Performance Report: After Adjustments, Net Profit Turned from Loss to Profit, With Non-Recurring Operating Profit Reaching 107 million Yuan

Retrieved on: 
Lunedì, Aprile 8, 2024
AI, Will, Publishing, Partnership, Human, TapTap, Voyage, App Store (iOS/iPadOS), Non-player character, Bandai Namco Entertainment, Television, PC, Love, Battle Through the Heavens, IP, IQIYI, IPS, Animation, WeChat, RPG, Cao Cao, Ecosystem, Research, Love Game, Condor, Three Kingdoms, FA, Music, Tights, Sale, PopMart Tour, Tencent Video, Interactivity, Share repurchase, Creativity, Growth, Video game

After adjustments, the net profit reached 5.379 million yuan, marking an overall turnaround from loss to profit with a year-on-year increase of 103% due to the low base in 2022.

Key Points: 
  • After adjustments, the net profit reached 5.379 million yuan, marking an overall turnaround from loss to profit with a year-on-year increase of 103% due to the low base in 2022.
  • After deducting the impact of non-operating income and expenses on profit, the operating profit stood at 107 million yuan.
  • According to the financial report, in 2023, CMGE attracted over 92.87 million new registered users, marking a 9.8% increase compared to the same period.
  • The mini-game business generated 600 million yuan in revenue, becoming a new growth point for the company.

China eHailing Platforms Benchmark Report 2022

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Martedì, Gennaio 24, 2023
Online, Liu Xiangdao, AutoNavi, Travel, UCAR, YOY, Dida, Growth, Geely, Cao Cao, Food delivery, Ridesharing

DUBLIN, Jan. 24, 2023 /PRNewswire/ -- The "eHailing Platforms in China, 2022: Frost Radar Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 24, 2023 /PRNewswire/ -- The "eHailing Platforms in China, 2022: Frost Radar Report" report has been added to ResearchAndMarkets.com's offering.
  • The analyst recognizes that all electronic hailing (eHailing) platform providers in China must assess these regulations and update their business operations and strategies to ensure legal compliance.
  • Tier II eHailing platforms such as Xiangdao Chuxing, T3 Mobility, Cao Geode Mobility, Shouqi Yueche, and Dida Chuxing totaled 20.0% market share in 2021.
  • The publisher independently plotted China's top 10 eHailing platforms in this Frost RadarT analysis.