Company referrals
It is a leading web-based marketing company in China that develops, develops and operates web-based and mobile networks. The company successfully made its first public offering under the stock symbol (484.hk) on the main board of the Hong Kong Stock Exchange on October 3, 2013. At that time, most of its income came from the mainland, and it was also actively promoting its overseas markets.
Service summary
In 2013, net income increased by 52.3% over the same period last year to 1.83 billion people (the same below), gross profit increased by 43.6% to 1.02 billion, and operating profit reached 329 million, an increase of 16.1%. However, the profit attributable to shares was transferred from profit to profit, which was recorded at 469 million yen, mainly due to the fact that the company recorded a fair value of recoverable shares of 741 yuan in accordance with the international reporting criteria, which is an one-time charge. The cost is not expected to be reproduced in the future. According to the company's report, the profit of unplanned shares should actually increase by 35.5% to 325 million yuan after rectification.
Expenditure and income are growing rapidly.
The main products of this company are classified into large categories, which are classified as customer research and development and marketing and marketing development platforms.
As of 2013, a total of 35 independently developed web apps and 6 mobile phones are being developed, and 12 new models are expected to be launched this year. Revenue from research and development rose by 478% to 799 million, due to an increase of 37.1% in average monthly expenditure (MPU) and 8% to 94 yuan in average monthly income (ARPPU) in the same period.
By the end of 2013, through the proprietary development platform 91wan, there were 105 subscribers and 277 million players. The income of the development sector increased by 62.6% to 384 million, the average monthly expenditure (MPU) increased by 53.5%, and the average monthly income (ARPPU) increased by 5.4% to 293 yuan.
The cost has increased sharply.
The cost of financial development rose 23.61% to 136 million compared with the same period last year, while the cost of rural development rose 16.5% to 4500 million. Similarly, there has been a substantial increase in investment expenditure, with sales and market promotion expenditure rising by 436% to 303 million, administrative expenditure by 14.34% to 8874 million, and R & D expenditure by 461% to 293 million. It is expected that administrative and R & D expenditure will be stable except that sales and market promotion support meetings will continue to increase due to increased publicity and transfer activities.
Sufficient cash is conducive to transformational development or integration.
The stock market successfully made its first public sale on the main board of the Hong Kong Stock Exchange on October 3, 2013. The listing received a profit of 762 million yuan. Together with the cash flow from the operating income, the deposit reached 1.257 billion people by the end of 2013, and the company paid to Magic Feature Inc on March 3, 2014. It is proposed to take 21% of its stock rights and hold a large amount of money for daily payment and for the purpose of receiving shares.