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HomeMobile Game TutorialGaming NewsZhongqingbao turned a year-on-year loss in the first quarter, and the operating costs of its intelligent computing cloud data center increased

DoNews reported on April 27 that Zhongqingbao disclosed its first quarter report on the evening of the 26th. The company achieved operating income of 74.8757 million yuan in the first quarter of 2024, a year-on-year increase of 18.24%; a net profit loss of 10.9948 million yuan, a year-on-year loss.

Zhongqingbao also stated that monetary funds decreased by 42.0463 million yuan compared with the beginning of the year, a decrease of 61.83%, mainly due to the decrease in working capital borrowings during the reporting period and the increase in the proportion of sales with a long payment cycle, resulting in sales collections. This was due to the decrease and increase in payments for electricity bills; monetary funds decreased by 42.0463 million yuan compared with the beginning of the year, a decrease of 61.83%, mainly due to the decrease in working capital borrowings during the reporting period and the increase in the proportion of sales with a long payment cycle, resulting in a decrease in sales collections and payment Due to the increase in electricity bills and other payments; operating costs increased by 22.3202 million yuan compared with the same period last year, an increase of 64.36%, mainly due to the increase in depreciation and amortization costs after the Chengdu Zhisuan Cloud Data Center was fully converted into fixed assets, the increase in inventory sales carry-over costs, and the corresponding increase in sales. Due to increased operating costs.

It is understood that the Chengdu Intelligent Cloud Data Center project is an important core computer room of the company in western China, providing basic resource support services to more enterprise users. The construction plan of the computer room is based on a "dynamic" infrastructure architecture that intelligently connects to the services it carries.

On the same day, Zhongqingbao also disclosed its 2023 annual report. In 2023, the company’s operating income was 259 million yuan, a year-on-year decrease of 5.72%; the net loss attributable to shareholders of the listed company was 55.0457 million yuan, a year-on-year decrease of 55.0457 million yuan. narrowed by 6.22%; basic loss per share was 0.21 yuan.

Regarding performance losses, Zhongqingbao said that due to the impact of the operating cycle of game products, the suspension of some mobile game products, and the subsequent launch of new games, the business revenue of the game segment has declined overall year-on-year.

In terms of the cloud service segment, with the Chengdu Zhisuan Cloud Data Center fully put into operation in 2023, the company's cloud service segment operating income has increased overall. However, the business of the Chengdu Data Center and Leshan Data Center is in the new computer room. During the period, amortization and depreciation were fully launched, and due to the impact of fluctuations in electricity costs for new and old computer rooms, the overall profitability of the company's cloud service business experienced a periodic decline.

In terms of digital twins and cultural tourism business, the cultural tourism industry park "Zhongqingbao Phoenix Water World" built by the company with "cultural regional characteristics" was officially put into operation to generate revenue. It was greatly affected by the opening of the cultural tourism industry park in its first year. The company's digital twin and cultural tourism business segments will suffer losses in 2023 due to the large expenses, the new development of cultural and creative souvenirs related to the Great Wall Culture, and the large depreciation of fixed assets caused by investment in cultural tourism projects.

In terms of revenue composition, the cloud service business is Zhongqingbao’s largest revenue source, accounting for 59.93%; the company’s independently operated and jointly operated online game businesses with the platform accounted for 16.06% and 15.41% respectively. .

According to the official website, Zhongqingbao was founded in 2003. It is one of the earliest domestic game companies engaged in the development, operation and distribution of online games. It is also the first A-share listed game company in China.

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