Share This

Public company info - iDreamSky Technology Holdings Limited , 01119.HK
Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

iDreamSky Technology Holdings Limited, 01119.HK - Company Profile
Chairman Chen Xiangyu
Share Issued (share) 1,270,000,000
Par Currency U.S. Dollar
Par Value 1.0E-4
Industry E-Commerce & Internet Services
Corporate Profile Business Summary: The group are principally engaged in the licensing and operating of single player mobile games and mobile online games (the “Listing Business”) in the PRC. Performance for the year: The Group’s net profit for the year ended December 31, 2019 was RMB360.4 million, representing an increase of 34.6% compared with that of the previous year. Business Review： Enhancing the advantage of casual game development The Group have officially launched a new self-developed running game DreamWorks Adventure (夢工場大冒險) in March 2020 and it has been recommended as the best new game by the Apple’s App Store. This game has been well received by the market, with five intellectual properties (IPs) of classic characters from DreamWorks Animation productions featuring: The Croods (瘋狂原始人), Kung Fu Panda (功夫熊貓), Shrek (怪物史萊克), Madagascar (馬達加斯加) and How to Train Your Dragon (馴龍高手). This running game represents a transformation of us from being cooperating with globally well-known game developers to a developer and operator of self-developed high quality content. The combination of “Super IP + iDreamSky Competitive Genre” is set to advance the core competencies of the Group in the leisure market to new heights. Enhancing the abilities of medium and hardcore game development Cross Gate (mobile version) (魔力寶貝(手機版)), the Group’s core self-developed turn-based MMORPG game, continues to generate stable revenue for the Group. Leveraging the operation capabilities accumulated by the team, the Group will continue to develop turn-based gaming products. Cooperation with global content providers The Group will continue to retain the Group’s source-code-based exclusive publishing model while deepening the Group’s cooperation with globally-leading game developers. The matching puzzle game Gardenscape (夢幻花園) has been online for more than two years, and it continues to deliver strong gross billings and mainting large number of users. The performance of Homescapes (夢幻家園) launched in 2019 also continues to grow at a healthy rate. Intelligent user acquisition capability The Group’s self-developed performance advertising automation platform, the Chuangliang Ads SaaS System (創量廣告SaaS系統), can achieve automatic batch ad placement through direct connection with mainstream market media platforms (including Tencent AD, ByteDance’s Ocean Engine, and Kuai Ads). Thanks to the support of big data analysis and AI technology, human experience-based decision making can be transformed into machine-recommended decision making, effectively lowering traffic cost and improving advertising efficiency. While the Chuangliang Ads SaaS System has been monetized for less than half a year, it has already been used by dozens of industry customers, managed monthly advertising budgets in excess of RMB100 million, and managed clear evidence of its huge potential. Diversified monetization capabilities: in-app-purchase, advertising, and subscription model In-app-purchase represents the major monetization model in the gaming industry. The Group have developed data-driven operation capabilities based on the Group’s large user base, which helps to continuously increase users’ life time value (LTV). Overseas Publishing Strategy starts to bear fruit China has become the world’s largest mobile game market since 2018. In the past few years, leading Chinese game developers such as Tencent and Netease have successively expanded into overseas markets on the back of their products. As domestic games expand overseas, there will be more opportunities for high quality domestic games in the international markets. In particular, some products that have been successful in China can enjoy a second wave of growth in overseas markets. Prospects: Strengthen cooperation with strategic investors The Group have continuously strengthened the cooperation with the Group’s strategic investors including Tencent, SONY, JD, etc., to obtain rights and resources from these investors in content development and operation, online and offline entertainment platforms to continuously improve user experience. Further recognition earned in the capital market In January 2019, iDreamSky and OCT Culture Group held a signing ceremony, announcing the establishment of a digital creative industry fund jointly, which invested RMB70 million in Tencent’s video Great Moments Voyage.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.