37 Interactive Entertainment 2015 Annual Report

Key insights

7 takeaways

01
Consolidated operating revenue for 2015 was 4,656,787,281.09 yuan, a 678.43% increase over 2014.See it on page 6
02
Net profit attributable to shareholders of the listed company was 506,016,504.78 yuan in 2015, up 1,224.18% year on year.See it on page 6
03
The game business generated 4,209,438,166.49 yuan of revenue, 90.39% of total operating revenue.See it on page 14
04
Game business revenue growth was attributed in part to the change in consolidation scope, as the 2015 period included full-year data for Shanghai 37 Interactive Entertainment while the prior-year comparative contained only one month.See it on page 13
05
Citing Analysys data, the company's web game platform market share was 13.5% in Q4 2015, second place among web game platforms behind Tencent.See it on page 9
06
R&D investment in 2015 was 269,761,851.47 yuan, 5.79% of operating revenue, up 846.23% from 2014.See it on page 19
07
Net cash flow from operating activities was 1,081,238,239.96 yuan, up 1,080.56% year on year.See it on page 7

Summary

The document is the 2015 full-year annual report of 芜湖顺荣三七互娱网络科技股份有限公司 (37 Interactive Entertainment, listed on the Shenzhen Stock Exchange as 三七互娱, code 002555), prepared under Chinese accounting standards and audited by 天健会计师事务所 with a standard unqualified opinion. It covers the reporting period from 1 January to 31 December 2015 and includes business overview, management discussion, financial statements, governance, and shareholder information. Operating revenue for 2015 was 4,656,787,281.09 yuan, up 678.43% from 598,225,373.36 yuan in 2014. Net profit attributable to shareholders of the listed company was 506,016,504.78 yuan, up 1,224.18% year on year. The company attributes the growth in its game business partly to a change in consolidation scope, as Shanghai 37 Interactive Entertainment was included for the full year in 2015 versus one month in the prior year. Game business revenue was 4,209,438,166.49 yuan, representing 90.39% of total revenue, while automotive parts revenue was 447,349,114.60 yuan.