September 19, 2014 4:17 PM ET

Software

Company Overview of Giant Interactive Group, Inc.

Company Overview

Giant Interactive Group Inc. is engaged in the research and development, and maintenance of online games in the People’s Republic of China. It primarily offers multiplayer online role playing games (MMORPGs). The company operates approximately 15 games, including 10 MMORPGs, 1 casual massively multiplayer online game, and 4 Web games. Its games include ZT Online, ZT Online Classic Edition, ZT Online Green Edition, ZT Online 2, Giant Online, King of King III, The Golden Land, XT Online, Elsword, Allods Online, World of Xianxia, Genesis of the Empire, The Sky, Supreme Tai Chi, and Jianghu. The company also licenses its games to third party operators. Giant Interactive Group Inc. distributes it...

No. 3 Building

11th Floor

700 Yishan Road

Shanghai,  200233

China

Founded in 2004

1,500 Employees

Phone:

86 21 3397 9999

Fax:

86 21 3397 9948

Key Executives for Giant Interactive Group, Inc.

Chief Executive Officer and Director
Age: 46
President and Director
Age: 35
Chief Financial Officer
Age: 45
Investor Relations Director
Vice President of Office Administration
Age: 46
Compensation as of Fiscal Year 2014.

Giant Interactive Group, Inc. Key Developments

Giant Interactive Group, Inc. Presents at Nomura China Investor Forum 2014, Sep-03-2014

Giant Interactive Group, Inc. Presents at Nomura China Investor Forum 2014, Sep-03-2014 . Venue: Pudong Shangri-la, The River Wing, Shanghai, China.

Giant Interactive Group, Inc., Special/Extraordinary Shareholders Meeting, Jul 14, 2014

Giant Interactive Group, Inc., Special/Extraordinary Shareholders Meeting, Jul 14, 2014., at 10:00 China Standard Time. Location: O'Melveny & Myers, 31st Floor. Agenda: To authorize and approve the agreement and plan of merger.

Giant Interactive Group, Inc. Reports Unaudited Consolidated Earnings Results for the First Fiscal Quarter Ended March 31, 2014

Giant Interactive Group, Inc. reported unaudited consolidated earnings results for the first fiscal quarter ended March 31, 2014. Net revenue for the first quarter 2014 was RMB 575.1 million ($92.5 million), a 4.9% decrease from RMB 604.6 million in the fourth quarter 2013, and a 0.4% increase from RMB 572.8 million in the first quarter 2013. Interest income for the first quarter 2014 was RMB 28.3 million ($4.5 million), representing a 26.9% decrease from RMB 38.6 million in the fourth quarter 2013, and a 13.2% increase from RMB 25.0 million in the first quarter 2013. The sequential decrease in interest income was mainly due to the early termination of certain short-term investments, while the year-over-year increase was due to the growing cash balance on certain short-term investments. Net income attributable to the Company's shareholders for the first quarter 2014 was RMB 1,206.0 million ($194.0 million), representing a 492.4% increase from RMB 203.6 million in the fourth quarter 2013, and a 269.9% increase from RMB 326.0 million in the first quarter 2013. The sequential and year-over-year increases in net income attributable to the Company's shareholders were primarily due to the one-off investment income in connection with the Company's sale of limited partnership interest in Yunfeng E-Commerce Funds in the first quarter 2014. Non-GAAP net income attributable to the Company's shareholders for the first quarter 2014 was RMB 343.1 million ($55.2 million), representing a 21.5% decrease from RMB 437.3 million in the fourth quarter 2013 and a 0.1% increase from RMB 342.7 million in the first quarter 2013. The margin of non-GAAP net income attributable to the Company's shareholders was 59.6% for the first quarter 2014, compared to 72.3% in the fourth quarter 2013 and 59.8% in the first quarter 2013. Income from operations was RMB 375,026,466 against RMB 360,912,958 a year ago. Income before income tax expenses was RMB 1,298,386,967 against RMB 397,969,223 a year ago. Diluted earnings per share was RMB 4.84 against RMB 1.32 a year ago. Non-GAAP diluted earnings per share was RMB 1.38 against RMB 1.39 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 25, 2013
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