China hand tour Q4 revenue growth of 5 times-fold year-on-year

Beijing Time March 4 evening, China Hand Tour (CMGE. NQ) released the fiscal year 2013 as at December 31, the quarter and the full year of earnings data show that the fourth quarter total revenue of 146.4 million yuan, compared to the same period of 28.9 million yuan year-on-year growth of 507%, the chain three quarter of the yuan 98.1 million Yuan Rose 149%; In fiscal year 2013, the annual revenue is RMB 353 million, which is 88.2% higher than the 187.6 million yuan in fiscal year 2012.

Not only the revenue growth, gross margin and other related financial indicators have also been greatly improved. CMGE China Hand Tour fourth quarterly show, its four-quarter gross profit margin of 63.1%, while the same year was 27.8%, 2013 three quarterly gross profit margin of 58.3%, mobile game gross profit margin of 63.2%, the same period of 42.9%, 2013 three quarter to 62.4%. CMGE China Hand Tour 2013 annual report shows that its gross profit margin of 55.8%, and 2012 fiscal year 51.1%; The game show interest rate is 61%, and the 2012 fiscal year is 56.5%.

"Cmge China's business income and gross profit margin both year-on-year and the increase in the chain to explain the industry is still at a high speed growth stage, from CMGE China's growth data to see, the majority of shares involved in the concept of hand tour of the stock 2013-year performance on the bet is likely to be a big concept event An investor who keeps track of the shares in a rival tour said.

With the increase in revenue and gross profit margin, after the transformation of the Cmge China's hand tour in 2013 years after a painful turn: cmge China Hand tour in the 2013 fiscal year net profit of 26.8 million yuan.

Although Cmge China's tour of the Four seasons in 2013 years of rapid growth, but some media quoted Yahoo Finance overseas analysts forecast data, CMGE Chinese hand tour performance is lower than expected. The newspaper looked at the forecasts of Yahoo Finance's overseas analysts by the relevant media, and found only one analyst who made the forecasts. Typically, in order to prevent individual analysts from predicting individual factors, the performance of listed companies is generally expected to take the average of multiple analyst performance forecasts. In fact, the analyst is also extremely optimistic about the growth of Cmge China's hand tour, its forecast cmge Chinese hand Tour 2014 fiscal year earnings per share will reach 1.27 U.S. dollars, is its 2013-year performance forecast 5.5 times times, is the 2013 actual performance of 8.5 times times.

Analysys International latest data show that CMGE China Hand tour in 2013 Q4 and the whole year are the domestic mobile gaming industry's largest distributor of the platform. Xiaojian, China's CEO, was confident in 2014, and said in his annual report that "as we continue to expand our product mix, distribution platform and overseas markets, we are optimistic about the outlook for 2014." As for the upcoming products, China Tour is expected to launch about 15 independent social games, and not less than 30 have exclusive agency of third party development social Games. We are excited about the advent of the game, including RPG, card and poker games. As for our distribution platform, we continue to extend the distribution channels to the pre-application and open up additional sales programme platforms. Finally, we plan to vigorously expand overseas markets in 2014, focusing on the Asian market, Taiwan, Hong Kong, South Korea and other Southeast Asian countries. In general, we are convinced that 2014 will be a splendid year for Chinese hands, in the light of the continuous efforts of all the staff and the positive impetus and innovation. The