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2021-11-24
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Cheetah Mobile reported total revenue of RMB196.1M for Q3, declining 46.3% year-over-year<blockquote>猎豹移动第三季度总收入为人民币1.961亿元,同比下降46.3%</blockquote>
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The Company's overseas advertising agency services, which assists domestic companies to launch advertisement on overseas advertising platforms, are changed from the Internet business into AI and others due to the synergies created between the Company's advertising agency services and global cloud services. Consequently, the Company has retrospectively revised segment information and related revenue presentation to conform to the change in the Company's segments.</p><p><blockquote>由于本公司持续的业务精简工作,本公司根据管理层评估本公司分部表现方式的变化重新调整分部。本公司协助国内公司在海外广告平台投放广告的海外广告代理服务,由于本公司的广告代理服务与全球云服务之间产生协同效应,正从互联网业务转向人工智能等业务。因此,本公司已追溯修订分部资料及相关收入呈列,以配合本公司分部的变动。</blockquote></p><p> <b>Revenues from the Company's internet business</b> decreased by 50.8% year over year and 15.5% quarter over quarter toRMB160.5 million(US$24.9 million) in the third quarter of 2021. The year-over-year decrease was due to the Company's strategic efforts to diminish the game-related business in past quarters. The quarter-over-quarter decrease was mainly because revenue in the second quarter of 2021 was temporarily increased due toJune 18promotional events and no such promotional event occurred in the third quarter of 2021.</p><p><blockquote><b>本公司互联网业务收入</b>2021 年第三季度,营业额为 1.605 亿人民币(2,490 万美元),同比下降 50.8%,环比下降 15.5%。同比下降是由于公司在过去几个季度采取了战略措施来减少游戏相关业务。环比减少主要由于2021年第二季度的收入因6月18日促销活动而暂时增加,而2021年第三季度并无发生该等促销活动。</blockquote></p><p> <b>Revenues from the AI and others</b> were RMB35.6 million(US$5.5 million) in the third quarter of 2021, representing a 8.8% year-over-year decrease and a 62.8% quarter-over-quarter increase. The year-over-year decline was primarily attributable to the drop in sales of AI-related hardware products. The quarter-over-quarter increase was from our shopping-mall coupon-selling robots business as well as our global cloud services.</p><p><blockquote><b>来自人工智能和其他的收入</b>2021年第三季度为人民币3560万元(550万美元),同比下降8.8%,环比增长62.8%。同比下降主要由于人工智能相关硬件产品销售下降所致。环比增长来自我们的购物中心优惠券销售机器人业务以及我们的全球云服务。</blockquote></p><p> <b>COST OF REVENUES AND GROSS PROFIT</b></p><p><blockquote><b>收入成本及毛利</b></blockquote></p><p> <b>Cost of revenues</b>decreased by 34.5% year over year and increased by 47.1% quarter over quarter toRMB74.4 million(US$11.5 million) in the third quarter of 2021. The year-over-year decrease was primarily due to the decreased revenue. The quarter-over-quarter increase was due to increased spending over AI related business.<b>Non-GAAP cost of revenues</b>decreased by 34.5% year over year and increased by 47.7% quarter over quarter toRMB74.2 million(US$11.5 million) in the third quarter of 2021.</p><p><blockquote><b>收入成本</b>2021 年第三季度营业额同比下降 34.5%,环比增长 47.1%,营业额为 7,440 万美元(1,150 万美元)。同比下降主要是由于收入减少所致。环比增长是由于人工智能相关业务支出增加。<b>非 GAAP 收入成本</b>2021 年第三季度,同比下降 34.5%,环比增长 47.7%,营业额为 7,420 万澳元(1,150 万美元)。</blockquote></p><p> <b>Gross profit</b>decreased by 51.6% year over year and 24.5% quarter over quarter toRMB121.7 million(US$18.9 million) in the third quarter of 2021.<b>Non-GAAP gross profit</b>decreased by 51.6% year over year and decreased 24.5% quarter over quarter toRMB121.9 million(US$18.9 million) in the third quarter of 2021.</p><p><blockquote><b>毛利</b>2021 年第三季度营业额为 1.217 亿人民币(1,890 万美元),同比下降 51.6%,环比下降 24.5%。<b>非公认会计准则毛利润</b>2021年第三季度同比下降51.6%,环比下降24.5%。</blockquote></p><p> <b>Gross margin</b>was 62.1% in the third quarter of 2021, compared to 68.9% in the third quarter of 2020 and 76.1% in the second quarter of 2021.<b>Non-GAAP gross margin</b>was 62.2% in the third quarter of 2021, compared to 69.0% in the third quarter of 2020 and 76.3% in the second quarter of 2021.</p><p><blockquote><b>毛利率</b>2021年第三季度为62.1%,而2020年第三季度为68.9%,2021年第二季度为76.1%。<b>非 GAAP 毛利率</b>2021年第三季度为62.2%,而2020年第三季度为69.0%,2021年第二季度为76.3%。</blockquote></p><p> <b>OPERATING INCOME/LOSS AND EXPENSES</b></p><p><blockquote><b>经营利润╱亏损及开支</b></blockquote></p><p> <b>Total operating expenses</b> decreased by 51.0% year over year and by 15.9% quarter over quarter toRMB184.9 million(US$28.7 million) in the third quarter of 2021.<b>Total non-GAAP operating expenses</b>decreased by 51.3% year over year and by 17.2% quarter over quarter toRMB180.4 million(US$28.0 million) in the third quarter of 2021.</p><p><blockquote><b>营运开支总额</b>2021 年第三季度 TORMB1.849 亿(2870 万美元)同比下降 51.0%,环比下降 15.9%。<b>非 GAAP 运营费用总额</b>2021 年第三季度 TORMB1.804 亿(2800 万美元)同比下降 51.3%,环比下降 17.2%。</blockquote></p><p></p><p> <ul> <li><b>Research and developmentexpenses</b> decreased by 52.9% year over year and increased by 17.2% quarter over quarter toRMB55.4 million(US$8.6 million) in the third quarter of 2021. The year-over-year decrease was mainly due to the deconsolidation of certain mobile game business in prior year. Our investment in research and development has been keeping flat. The quarter-over-quarter change was mainly due to less government grants in this quarter. <b>Non-GAAP research and development expenses</b>decreased by 53.7% year over year and increased 10.5% quarter over quarter toRMB52.0 million(US$8.1 million) in the third quarter of 2021.</li> <li><b>Selling and marketing expenses</b> decreased by 48.3% year over year and 29.8% quarter over quarter toRMB85.6 million(US$13.3 million) in the third quarter of 2021. This year-over-year decrease was attributable to the streamlining of our business and the strategic reduction of our costs. While the quarter-over-quarter decrease was mostly because we incurred incremental promotion expenses for theJune 18promotional events in the second quarter. <b>Non-GAAP selling and marketing expenses</b> decreased by 49.0% year over year and 30.0% quarter over quarter toRMB85.0 million(US$13.2 million) in the third quarter of 2021.</li> <li><b>General and administrative expenses</b> decreased by 46.5% year over year and 8.1% quarter over quarter toRMB48.7 million(US$7.6 million) in the third quarter of 2021. The decrease was mainly due to the our business operation streamlining and the effective expense control.<b>Non-GAAP general and administrative expenses</b>decreased by 45.5% year over year and 6.7% quarter over quarter toRMB48.1 million(US$7.5 million) in the third quarter of 2021.</li> </ul> <b>Operating loss</b> wasRMB63.2 million(US$9.8 million) in the third quarter of 2021, compared toRMB126.0 millionin the same period of the last year andRMB58.8 millionin the second quarter of 2021.<b>Non-GAAP operating loss</b>wasRMB58.5 million(US$9.1 million) in the third quarter of 2021, compared toRMB118.9 millionin the same period of the last year andRMB56.4 millionin the second quarter of 2021.</p><p><blockquote><ul><li><b>研发开支</b>2021 年第三季度,同比下降 52.9%,环比增长 17.2%,营业额为 5540 万美元(860 万美元)。同比减少主要由于上一年度取消综合入账若干手机游戏业务所致。我们在研发方面的投资一直持平。季度环比变化主要是由于本季度政府拨款减少。 <b>非 GAAP 研发费用</b>2021 年第三季度,同比下降 53.7%,环比增长 10.5%。</li><li><b>销售及营销开支</b>2021 年第三季度营业额为 8,560 万澳门元(1,330 万美元),同比下降 48.3%,环比下降 29.8%。此同比减少乃由于我们精简业务及策略性削减成本所致。而环比下降主要是因为我们在第二季度为 6 月 18 日的促销活动产生了增量促销费用。<b>非 GAAP 销售和营销费用</b>2021 年第三季度营业额为 8,500 万澳门元(1,320 万美元),同比下降 49.0%,环比下降 30.0%。</li><li><b>一般及行政开支</b>2021 年第三季度营业额为 4,870 万澳元(760 万美元),同比下降 46.5%,环比下降 8.1%。减少主要由于我们精简业务营运及有效控制开支所致。<b>非 GAAP 一般和管理费用</b>2021 年第三季度,销售额为 4810 万澳门元(750 万美元),同比下降 45.5%,环比下降 6.7%。</li></ul><b>经营亏损</b>2021 年第三季度为人民币 6,320 万元(980 万美元),而去年同期为人民币 1.26 亿元,2021 年第二季度为人民币 5,880 万元。<b>非 GAAP 运营亏损</b>2021 年第三季度为人民币 5850 万元(910 万美元),而去年同期为人民币 1.189 亿元,2021 年第二季度为人民币 5640 万元。</blockquote></p><p> <ul> <li><b>Operating profit for the internet business</b> wasRMB1.8 millionin the third quarter of 2021, compared to an operating profit ofRMB64.2 millionin the same period last year and operating loss ofRMB8.2 millionin the second quarter of 2021.</li> <li><b>Operating loss for AI and others</b>wasRMB60.3 millionin the third quarter of 2021, compare with an operating loss ofRMB183.1 millionin the same period last year and an operating loss ofRMB48.3 millionin the second quarter of 2021.</li> </ul> <b>Share-based compensation expenses</b> wereRMB4.7 million(US$0.7 million) in the third quarter of 2021, compared toRMB7.1 millionin the same period of the last year andRMB2.4 millionin the second quarter of 2021.</p><p><blockquote><ul><li><b>互联网业务之经营溢利</b>2021年第三季度为人民币1.8百万元,而去年同期为人民币64.2百万元,2021年第二季度为经营亏损人民币8.2百万元。</li><li><b>人工智能和其他公司的运营亏损</b>2021年第三季度为人民币60.3百万元,去年同期为经营亏损人民币183.1百万元,2021年第二季度为经营亏损人民币48.3百万元。</li></ul><b>股份薪酬开支</b>2021 年第三季度为人民币 470 万元(70 万美元),而去年同期为人民币 710 万元,2021 年第二季度为人民币 240 万元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cheetah Mobile reported total revenue of RMB196.1M for Q3, declining 46.3% year-over-year<blockquote>猎豹移动第三季度总收入为人民币1.961亿元,同比下降46.3%</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCheetah Mobile reported total revenue of RMB196.1M for Q3, declining 46.3% year-over-year<blockquote>猎豹移动第三季度总收入为人民币1.961亿元,同比下降46.3%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-11-24 16:21</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/CMCM\">Cheetah Mobile Inc. </a>, a leading internet company, today announced its unaudited consolidated financial results for the third quarter 2021 endedSeptember 30, 2021.</p><p><blockquote><a href=\"https://laohu8.com/S/CMCM\">猎豹移动公司。</a>领先的互联网公司今天公布了截至2021年9月30日的2021年第三季度未经审计的合并财务业绩。</blockquote></p><p> <b>Third Quarter 2021 Consolidated Financial Results</b></p><p><blockquote><b>2021年第三季度综合财务业绩</b></blockquote></p><p> <b>REVENUES</b></p><p><blockquote><b>收入</b></blockquote></p><p> Total revenues wereRMB196.1 million(US$30.4 million) in the third quarter of 2021, representing a decrease of 46.3% year over year and 7.4% quarter over quarter.</p><p><blockquote>2021 年第三季度总收入为人民币 1.961 亿元(3040 万美元),同比下降 46.3%,环比下降 7.4%。</blockquote></p><p> As a result of the Company's ongoing business streamlining efforts, the Company realignedits segments based on the change of the way that the managementassessedthe Company's segment performance. The Company's overseas advertising agency services, which assists domestic companies to launch advertisement on overseas advertising platforms, are changed from the Internet business into AI and others due to the synergies created between the Company's advertising agency services and global cloud services. Consequently, the Company has retrospectively revised segment information and related revenue presentation to conform to the change in the Company's segments.</p><p><blockquote>由于本公司持续的业务精简工作,本公司根据管理层评估本公司分部表现方式的变化重新调整分部。本公司协助国内公司在海外广告平台投放广告的海外广告代理服务,由于本公司的广告代理服务与全球云服务之间产生协同效应,正从互联网业务转向人工智能等业务。因此,本公司已追溯修订分部资料及相关收入呈列,以配合本公司分部的变动。</blockquote></p><p> <b>Revenues from the Company's internet business</b> decreased by 50.8% year over year and 15.5% quarter over quarter toRMB160.5 million(US$24.9 million) in the third quarter of 2021. The year-over-year decrease was due to the Company's strategic efforts to diminish the game-related business in past quarters. The quarter-over-quarter decrease was mainly because revenue in the second quarter of 2021 was temporarily increased due toJune 18promotional events and no such promotional event occurred in the third quarter of 2021.</p><p><blockquote><b>本公司互联网业务收入</b>2021 年第三季度,营业额为 1.605 亿人民币(2,490 万美元),同比下降 50.8%,环比下降 15.5%。同比下降是由于公司在过去几个季度采取了战略措施来减少游戏相关业务。环比减少主要由于2021年第二季度的收入因6月18日促销活动而暂时增加,而2021年第三季度并无发生该等促销活动。</blockquote></p><p> <b>Revenues from the AI and others</b> were RMB35.6 million(US$5.5 million) in the third quarter of 2021, representing a 8.8% year-over-year decrease and a 62.8% quarter-over-quarter increase. The year-over-year decline was primarily attributable to the drop in sales of AI-related hardware products. The quarter-over-quarter increase was from our shopping-mall coupon-selling robots business as well as our global cloud services.</p><p><blockquote><b>来自人工智能和其他的收入</b>2021年第三季度为人民币3560万元(550万美元),同比下降8.8%,环比增长62.8%。同比下降主要由于人工智能相关硬件产品销售下降所致。环比增长来自我们的购物中心优惠券销售机器人业务以及我们的全球云服务。</blockquote></p><p> <b>COST OF REVENUES AND GROSS PROFIT</b></p><p><blockquote><b>收入成本及毛利</b></blockquote></p><p> <b>Cost of revenues</b>decreased by 34.5% year over year and increased by 47.1% quarter over quarter toRMB74.4 million(US$11.5 million) in the third quarter of 2021. The year-over-year decrease was primarily due to the decreased revenue. The quarter-over-quarter increase was due to increased spending over AI related business.<b>Non-GAAP cost of revenues</b>decreased by 34.5% year over year and increased by 47.7% quarter over quarter toRMB74.2 million(US$11.5 million) in the third quarter of 2021.</p><p><blockquote><b>收入成本</b>2021 年第三季度营业额同比下降 34.5%,环比增长 47.1%,营业额为 7,440 万美元(1,150 万美元)。同比下降主要是由于收入减少所致。环比增长是由于人工智能相关业务支出增加。<b>非 GAAP 收入成本</b>2021 年第三季度,同比下降 34.5%,环比增长 47.7%,营业额为 7,420 万澳元(1,150 万美元)。</blockquote></p><p> <b>Gross profit</b>decreased by 51.6% year over year and 24.5% quarter over quarter toRMB121.7 million(US$18.9 million) in the third quarter of 2021.<b>Non-GAAP gross profit</b>decreased by 51.6% year over year and decreased 24.5% quarter over quarter toRMB121.9 million(US$18.9 million) in the third quarter of 2021.</p><p><blockquote><b>毛利</b>2021 年第三季度营业额为 1.217 亿人民币(1,890 万美元),同比下降 51.6%,环比下降 24.5%。<b>非公认会计准则毛利润</b>2021年第三季度同比下降51.6%,环比下降24.5%。</blockquote></p><p> <b>Gross margin</b>was 62.1% in the third quarter of 2021, compared to 68.9% in the third quarter of 2020 and 76.1% in the second quarter of 2021.<b>Non-GAAP gross margin</b>was 62.2% in the third quarter of 2021, compared to 69.0% in the third quarter of 2020 and 76.3% in the second quarter of 2021.</p><p><blockquote><b>毛利率</b>2021年第三季度为62.1%,而2020年第三季度为68.9%,2021年第二季度为76.1%。<b>非 GAAP 毛利率</b>2021年第三季度为62.2%,而2020年第三季度为69.0%,2021年第二季度为76.3%。</blockquote></p><p> <b>OPERATING INCOME/LOSS AND EXPENSES</b></p><p><blockquote><b>经营利润╱亏损及开支</b></blockquote></p><p> <b>Total operating expenses</b> decreased by 51.0% year over year and by 15.9% quarter over quarter toRMB184.9 million(US$28.7 million) in the third quarter of 2021.<b>Total non-GAAP operating expenses</b>decreased by 51.3% year over year and by 17.2% quarter over quarter toRMB180.4 million(US$28.0 million) in the third quarter of 2021.</p><p><blockquote><b>营运开支总额</b>2021 年第三季度 TORMB1.849 亿(2870 万美元)同比下降 51.0%,环比下降 15.9%。<b>非 GAAP 运营费用总额</b>2021 年第三季度 TORMB1.804 亿(2800 万美元)同比下降 51.3%,环比下降 17.2%。</blockquote></p><p></p><p> <ul> <li><b>Research and developmentexpenses</b> decreased by 52.9% year over year and increased by 17.2% quarter over quarter toRMB55.4 million(US$8.6 million) in the third quarter of 2021. The year-over-year decrease was mainly due to the deconsolidation of certain mobile game business in prior year. Our investment in research and development has been keeping flat. The quarter-over-quarter change was mainly due to less government grants in this quarter. <b>Non-GAAP research and development expenses</b>decreased by 53.7% year over year and increased 10.5% quarter over quarter toRMB52.0 million(US$8.1 million) in the third quarter of 2021.</li> <li><b>Selling and marketing expenses</b> decreased by 48.3% year over year and 29.8% quarter over quarter toRMB85.6 million(US$13.3 million) in the third quarter of 2021. This year-over-year decrease was attributable to the streamlining of our business and the strategic reduction of our costs. While the quarter-over-quarter decrease was mostly because we incurred incremental promotion expenses for theJune 18promotional events in the second quarter. <b>Non-GAAP selling and marketing expenses</b> decreased by 49.0% year over year and 30.0% quarter over quarter toRMB85.0 million(US$13.2 million) in the third quarter of 2021.</li> <li><b>General and administrative expenses</b> decreased by 46.5% year over year and 8.1% quarter over quarter toRMB48.7 million(US$7.6 million) in the third quarter of 2021. The decrease was mainly due to the our business operation streamlining and the effective expense control.<b>Non-GAAP general and administrative expenses</b>decreased by 45.5% year over year and 6.7% quarter over quarter toRMB48.1 million(US$7.5 million) in the third quarter of 2021.</li> </ul> <b>Operating loss</b> wasRMB63.2 million(US$9.8 million) in the third quarter of 2021, compared toRMB126.0 millionin the same period of the last year andRMB58.8 millionin the second quarter of 2021.<b>Non-GAAP operating loss</b>wasRMB58.5 million(US$9.1 million) in the third quarter of 2021, compared toRMB118.9 millionin the same period of the last year andRMB56.4 millionin the second quarter of 2021.</p><p><blockquote><ul><li><b>研发开支</b>2021 年第三季度,同比下降 52.9%,环比增长 17.2%,营业额为 5540 万美元(860 万美元)。同比减少主要由于上一年度取消综合入账若干手机游戏业务所致。我们在研发方面的投资一直持平。季度环比变化主要是由于本季度政府拨款减少。 <b>非 GAAP 研发费用</b>2021 年第三季度,同比下降 53.7%,环比增长 10.5%。</li><li><b>销售及营销开支</b>2021 年第三季度营业额为 8,560 万澳门元(1,330 万美元),同比下降 48.3%,环比下降 29.8%。此同比减少乃由于我们精简业务及策略性削减成本所致。而环比下降主要是因为我们在第二季度为 6 月 18 日的促销活动产生了增量促销费用。<b>非 GAAP 销售和营销费用</b>2021 年第三季度营业额为 8,500 万澳门元(1,320 万美元),同比下降 49.0%,环比下降 30.0%。</li><li><b>一般及行政开支</b>2021 年第三季度营业额为 4,870 万澳元(760 万美元),同比下降 46.5%,环比下降 8.1%。减少主要由于我们精简业务营运及有效控制开支所致。<b>非 GAAP 一般和管理费用</b>2021 年第三季度,销售额为 4810 万澳门元(750 万美元),同比下降 45.5%,环比下降 6.7%。</li></ul><b>经营亏损</b>2021 年第三季度为人民币 6,320 万元(980 万美元),而去年同期为人民币 1.26 亿元,2021 年第二季度为人民币 5,880 万元。<b>非 GAAP 运营亏损</b>2021 年第三季度为人民币 5850 万元(910 万美元),而去年同期为人民币 1.189 亿元,2021 年第二季度为人民币 5640 万元。</blockquote></p><p> <ul> <li><b>Operating profit for the internet business</b> wasRMB1.8 millionin the third quarter of 2021, compared to an operating profit ofRMB64.2 millionin the same period last year and operating loss ofRMB8.2 millionin the second quarter of 2021.</li> <li><b>Operating loss for AI and others</b>wasRMB60.3 millionin the third quarter of 2021, compare with an operating loss ofRMB183.1 millionin the same period last year and an operating loss ofRMB48.3 millionin the second quarter of 2021.</li> </ul> <b>Share-based compensation expenses</b> wereRMB4.7 million(US$0.7 million) in the third quarter of 2021, compared toRMB7.1 millionin the same period of the last year andRMB2.4 millionin the second quarter of 2021.</p><p><blockquote><ul><li><b>互联网业务之经营溢利</b>2021年第三季度为人民币1.8百万元,而去年同期为人民币64.2百万元,2021年第二季度为经营亏损人民币8.2百万元。</li><li><b>人工智能和其他公司的运营亏损</b>2021年第三季度为人民币60.3百万元,去年同期为经营亏损人民币183.1百万元,2021年第二季度为经营亏损人民币48.3百万元。</li></ul><b>股份薪酬开支</b>2021 年第三季度为人民币 470 万元(70 万美元),而去年同期为人民币 710 万元,2021 年第二季度为人民币 240 万元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CMCM":"猎豹移动"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132691323","content_text":"Cheetah Mobile Inc. , a leading internet company, today announced its unaudited consolidated financial results for the third quarter 2021 endedSeptember 30, 2021.\nThird Quarter 2021 Consolidated Financial Results\nREVENUES\nTotal revenues wereRMB196.1 million(US$30.4 million) in the third quarter of 2021, representing a decrease of 46.3% year over year and 7.4% quarter over quarter.\nAs a result of the Company's ongoing business streamlining efforts, the Company realignedits segments based on the change of the way that the managementassessedthe Company's segment performance. The Company's overseas advertising agency services, which assists domestic companies to launch advertisement on overseas advertising platforms, are changed from the Internet business into AI and others due to the synergies created between the Company's advertising agency services and global cloud services. Consequently, the Company has retrospectively revised segment information and related revenue presentation to conform to the change in the Company's segments.\nRevenues from the Company's internet business decreased by 50.8% year over year and 15.5% quarter over quarter toRMB160.5 million(US$24.9 million) in the third quarter of 2021. The year-over-year decrease was due to the Company's strategic efforts to diminish the game-related business in past quarters. The quarter-over-quarter decrease was mainly because revenue in the second quarter of 2021 was temporarily increased due toJune 18promotional events and no such promotional event occurred in the third quarter of 2021.\nRevenues from the AI and others were RMB35.6 million(US$5.5 million) in the third quarter of 2021, representing a 8.8% year-over-year decrease and a 62.8% quarter-over-quarter increase. The year-over-year decline was primarily attributable to the drop in sales of AI-related hardware products. The quarter-over-quarter increase was from our shopping-mall coupon-selling robots business as well as our global cloud services.\nCOST OF REVENUES AND GROSS PROFIT\nCost of revenuesdecreased by 34.5% year over year and increased by 47.1% quarter over quarter toRMB74.4 million(US$11.5 million) in the third quarter of 2021. The year-over-year decrease was primarily due to the decreased revenue. The quarter-over-quarter increase was due to increased spending over AI related business.Non-GAAP cost of revenuesdecreased by 34.5% year over year and increased by 47.7% quarter over quarter toRMB74.2 million(US$11.5 million) in the third quarter of 2021.\nGross profitdecreased by 51.6% year over year and 24.5% quarter over quarter toRMB121.7 million(US$18.9 million) in the third quarter of 2021.Non-GAAP gross profitdecreased by 51.6% year over year and decreased 24.5% quarter over quarter toRMB121.9 million(US$18.9 million) in the third quarter of 2021.\nGross marginwas 62.1% in the third quarter of 2021, compared to 68.9% in the third quarter of 2020 and 76.1% in the second quarter of 2021.Non-GAAP gross marginwas 62.2% in the third quarter of 2021, compared to 69.0% in the third quarter of 2020 and 76.3% in the second quarter of 2021.\nOPERATING INCOME/LOSS AND EXPENSES\nTotal operating expenses decreased by 51.0% year over year and by 15.9% quarter over quarter toRMB184.9 million(US$28.7 million) in the third quarter of 2021.Total non-GAAP operating expensesdecreased by 51.3% year over year and by 17.2% quarter over quarter toRMB180.4 million(US$28.0 million) in the third quarter of 2021.\n\nResearch and developmentexpenses decreased by 52.9% year over year and increased by 17.2% quarter over quarter toRMB55.4 million(US$8.6 million) in the third quarter of 2021. The year-over-year decrease was mainly due to the deconsolidation of certain mobile game business in prior year. Our investment in research and development has been keeping flat. The quarter-over-quarter change was mainly due to less government grants in this quarter. Non-GAAP research and development expensesdecreased by 53.7% year over year and increased 10.5% quarter over quarter toRMB52.0 million(US$8.1 million) in the third quarter of 2021.\nSelling and marketing expenses decreased by 48.3% year over year and 29.8% quarter over quarter toRMB85.6 million(US$13.3 million) in the third quarter of 2021. This year-over-year decrease was attributable to the streamlining of our business and the strategic reduction of our costs. While the quarter-over-quarter decrease was mostly because we incurred incremental promotion expenses for theJune 18promotional events in the second quarter. Non-GAAP selling and marketing expenses decreased by 49.0% year over year and 30.0% quarter over quarter toRMB85.0 million(US$13.2 million) in the third quarter of 2021.\nGeneral and administrative expenses decreased by 46.5% year over year and 8.1% quarter over quarter toRMB48.7 million(US$7.6 million) in the third quarter of 2021. The decrease was mainly due to the our business operation streamlining and the effective expense control.Non-GAAP general and administrative expensesdecreased by 45.5% year over year and 6.7% quarter over quarter toRMB48.1 million(US$7.5 million) in the third quarter of 2021.\n\nOperating loss wasRMB63.2 million(US$9.8 million) in the third quarter of 2021, compared toRMB126.0 millionin the same period of the last year andRMB58.8 millionin the second quarter of 2021.Non-GAAP operating losswasRMB58.5 million(US$9.1 million) in the third quarter of 2021, compared toRMB118.9 millionin the same period of the last year andRMB56.4 millionin the second quarter of 2021.\n\nOperating profit for the internet business wasRMB1.8 millionin the third quarter of 2021, compared to an operating profit ofRMB64.2 millionin the same period last year and operating loss ofRMB8.2 millionin the second quarter of 2021.\nOperating loss for AI and otherswasRMB60.3 millionin the third quarter of 2021, compare with an operating loss ofRMB183.1 millionin the same period last year and an operating loss ofRMB48.3 millionin the second quarter of 2021.\n\nShare-based compensation expenses wereRMB4.7 million(US$0.7 million) in the third quarter of 2021, compared toRMB7.1 millionin the same period of the last year andRMB2.4 millionin the second quarter of 2021.","news_type":1,"symbols_score_info":{"CMCM":0.9}},"isVote":1,"tweetType":1,"viewCount":4643,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/874183865"}
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