v2.3.0.11
Consolidated Statements of Operations and Comprehensive Income
12 Months Ended
Dec. 31, 2010
USD ($)
Dec. 31, 2010
CNY
Dec. 31, 2009
CNY
Dec. 31, 2008
CNY
Net revenue:        
Online games $ 195,375,881 1,289,480,817 1,293,018,121 1,589,675,915
Licensing revenues 6,464,648 42,666,674 10,687,252 4,391,427
Other revenue, net 101,206 667,960 130,074 612,444
Total net revenue 201,941,735 1,332,815,451 1,303,835,447 1,594,679,786
Cost of services (30,170,037) (199,122,245) (204,069,659) (217,899,466)
Gross profit 171,771,698 1,133,693,206 1,099,765,788 1,376,780,320
Operating (expenses) income:        
Research and product development (28,187,358) (186,036,564) (113,354,460) (88,539,393)
Sales and marketing (21,667,598) (143,006,150) (119,600,377) (241,575,189)
General and administrative (18,098,032) (119,447,009) (121,446,102) (141,785,677)
Government financial incentives 8,694,848 57,386,000 88,460,000 63,084,300
Impairment of intangible assets (7,054,192) (46,557,669)    
Total operating expenses (66,312,332) (437,661,392) (265,940,939) (408,815,959)
Income from operations 105,459,366 696,031,814 833,824,849 967,964,361
Interest income 20,620,894 136,097,898 102,200,467 184,963,678
Investment income (loss)     (5,970,899) 1,171,241
Unrealized loss on investment held-for-trading       (300,493)
Other (expense) income, net 9,919,066 65,465,834 14,024,846 (842,825)
Income before income tax expenses 135,999,326 897,595,546 944,079,263 1,152,955,962
Income tax expenses (13,533,697) (89,322,402) (85,060,010) (39,367,808)
Share of loss of an equity investee (98,198) (648,106)    
Net income 122,367,431 807,625,038 859,019,253 1,113,588,154
Net loss attributable to non controlling interests 539,817 3,562,795 294,493  
Net income attributable to the Company's shareholders 122,907,248 811,187,833 859,313,746 1,113,588,154
Other comprehensive loss, net of tax        
Foreign currency translation (11,090,036) (73,194,240) (12,768,786) (192,424,438)
Reclassification adjustment     (1,813,513)  
Unrealized holding gains (losses) (2,203,038) (14,540,051) (30,951,002) 76,969,037
Total other comprehensive loss, net of tax (13,293,074) (87,734,291) (45,533,301) (115,455,401)
Comprehensive income $ 109,614,174 723,453,542 813,780,445 998,132,753
Earnings per share:        
Basic $ 0.54 3.57 3.80 4.65
Diluted $ 0.53 3.47 3.67 4.49
Weighted average ordinary shares:        
Basic 227,308,854 227,308,854 226,278,227 239,458,633
Diluted 233,928,400 233,928,400 233,960,556 247,895,076