Kingsoft（3K1）株式概要キングソフト・コーポレーション・リミテッドは、中国本土、香港、および国際的なエンタテインメント、オフィスソフトウェアおよびサービス事業に従事している。 詳細3K1 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長1/6過去の実績4/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より75.8%で取引されている 収益は年間10.95%増加すると予測されています 過去1年間で収益は29.2%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る3K1 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€2.4819.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-6b16b2016201920222025202620282031Revenue CN¥16.3bEarnings CN¥3.4bAdvancedSet Fair ValueView all narrativesKingsoft Corporation Limited 競合他社CTS Eventim KGaASymbol: XTRA:EVDMarket cap: €5.3bSpringer Nature KGaASymbol: XTRA:SPGMarket cap: €3.8bScout24Symbol: XTRA:G24Market cap: €5.1bRTL GroupSymbol: XTRA:RRTLMarket cap: €4.5b価格と性能株価の高値、安値、推移の概要Kingsoft過去の株価現在の株価HK$2.4852週高値HK$4.4652週安値HK$2.36ベータ0.581ヶ月の変化-3.88%3ヶ月変化-15.65%1年変化-42.86%3年間の変化-29.55%5年間の変化-58.49%IPOからの変化463.64%最新ニュースお知らせ • May 11Kingsoft Corporation Limited to Report Q1, 2026 Results on May 27, 2026Kingsoft Corporation Limited announced that they will report Q1, 2026 results on May 27, 2026お知らせ • Mar 26Kingsoft Corporation Limited Recommends Final Dividend for the Ended 31 December 2025, Payable on June 18, 2026Kingsoft Corporation Limited has recommended the payment of a final dividend of HKD 0.13 per share for the year ended 31 December 2025 (2024: HKD 0.15 per share). The final dividend, subject to the approval of the shareholders of the Company at the forthcoming annual general meeting (the "AGM") of the Company, is expected to be paid on 18 June 2026. Ex-dividend date: 01 June 2026; Record date: 08 June 2026. Date of shareholders' approval: 28 May 2026.お知らせ • Mar 25Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026, at 16:30 China Standard Time.お知らせ • Mar 09Kingsoft Corporation Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Kingsoft Corporation Limited announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Nov 03Kingsoft Corporation Limited to Report Q3, 2025 Results on Nov 19, 2025Kingsoft Corporation Limited announced that they will report Q3, 2025 results at 9:30 AM, China Standard Time on Nov 19, 2025お知らせ • Aug 04Kingsoft Corporation Limited to Report Q2, 2025 Results on Aug 20, 2025Kingsoft Corporation Limited announced that they will report Q2, 2025 results on Aug 20, 2025最新情報をもっと見るRecent updatesお知らせ • May 11Kingsoft Corporation Limited to Report Q1, 2026 Results on May 27, 2026Kingsoft Corporation Limited announced that they will report Q1, 2026 results on May 27, 2026お知らせ • Mar 26Kingsoft Corporation Limited Recommends Final Dividend for the Ended 31 December 2025, Payable on June 18, 2026Kingsoft Corporation Limited has recommended the payment of a final dividend of HKD 0.13 per share for the year ended 31 December 2025 (2024: HKD 0.15 per share). The final dividend, subject to the approval of the shareholders of the Company at the forthcoming annual general meeting (the "AGM") of the Company, is expected to be paid on 18 June 2026. Ex-dividend date: 01 June 2026; Record date: 08 June 2026. Date of shareholders' approval: 28 May 2026.お知らせ • Mar 25Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026, at 16:30 China Standard Time.お知らせ • Mar 09Kingsoft Corporation Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Kingsoft Corporation Limited announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Nov 03Kingsoft Corporation Limited to Report Q3, 2025 Results on Nov 19, 2025Kingsoft Corporation Limited announced that they will report Q3, 2025 results at 9:30 AM, China Standard Time on Nov 19, 2025お知らせ • Aug 04Kingsoft Corporation Limited to Report Q2, 2025 Results on Aug 20, 2025Kingsoft Corporation Limited announced that they will report Q2, 2025 results on Aug 20, 2025お知らせ • May 29Kingsoft Corporation Limited Declares Final Dividend for the Year Ended 31 December 2024Kingsoft Corporation Limited announced at the AGM held on May 29, 2025, approved to declare a final dividend of HKD 0.15 per share for the year ended 31 December 2024.お知らせ • May 13Kingsoft Corporation Limited to Report Q1, 2025 Results on May 28, 2025Kingsoft Corporation Limited announced that they will report Q1, 2025 results on May 28, 2025お知らせ • Mar 20Kingsoft Corporation Limited announces Annual dividend, payable on June 18, 2025Kingsoft Corporation Limited announced Annual dividend of HKD 0.1500 per share payable on June 18, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.お知らせ • Mar 19Kingsoft Corporation Limited, Annual General Meeting, May 22, 2025Kingsoft Corporation Limited, Annual General Meeting, May 22, 2025.お知らせ • Mar 03Kingsoft Corporation Limited to Report Fiscal Year 2024 Results on Mar 19, 2025Kingsoft Corporation Limited announced that they will report fiscal year 2024 results on Mar 19, 2025お知らせ • Nov 04Kingsoft Corporation Limited to Report Q3, 2024 Results on Nov 19, 2024Kingsoft Corporation Limited announced that they will report Q3, 2024 results on Nov 19, 2024Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €3.24, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Entertainment industry in Germany. Total loss to shareholders of 4.4% over the past three years.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.88, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Entertainment industry in Germany. Total loss to shareholders of 16% over the past three years.Reported Earnings • Sep 22Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.04 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.04 in 2Q 2023). Revenue: CN¥2.47b (up 13% from 2Q 2023). Net income: CN¥393.4m (up CN¥336.2m from 2Q 2023). Profit margin: 16% (up from 2.6% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.04 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.04 in 2Q 2023). Revenue: CN¥2.47b (up 13% from 2Q 2023). Net income: CN¥393.4m (up CN¥336.2m from 2Q 2023). Profit margin: 16% (up from 2.6% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.お知らせ • Aug 05Kingsoft Corporation Limited to Report First Half, 2024 Results on Aug 20, 2024Kingsoft Corporation Limited announced that they will report first half, 2024 results on Aug 20, 2024お知らせ • May 24Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2023Kingsoft Corporation Limited in its Annual General Meeting Held on 23 May 2024 approved the final dividend of HKD 0.14 per share for the year ended 31 December 2023.Upcoming Dividend • May 24Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.7%).Reported Earnings • May 23First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥2.14b (up 8.5% from 1Q 2023). Net income: CN¥284.6m (up 48% from 1Q 2023). Profit margin: 13% (up from 9.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • May 08Kingsoft Corporation Limited to Report Q1, 2024 Results on May 22, 2024Kingsoft Corporation Limited announced that they will report Q1, 2024 results on May 22, 2024お知らせ • Apr 30Kingsoft Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2023Kingsoft Corporation Limited at its AGM to be held on 23 May 2024 proposed final dividend of HKD 0.14 per share for the year ended 31 December 2023.Reported Earnings • Apr 21Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥4.44 loss in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥4.44 loss in FY 2022). Revenue: CN¥8.53b (up 12% from FY 2022). Net income: CN¥483.5m (up CN¥6.53b from FY 2022). Profit margin: 5.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.お知らせ • Apr 21Kingsoft Corporation Limited, Annual General Meeting, May 22, 2024Kingsoft Corporation Limited, Annual General Meeting, May 22, 2024. Agenda: To propose dividend; and to consider other matters.Declared Dividend • Mar 22Dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 31st May 2024 Payment date: 19th June 2024 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 6%.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥4.43 loss in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥4.43 loss in FY 2022). Revenue: CN¥8.53b (up 12% from FY 2022). Net income: CN¥483.5m (up CN¥6.53b from FY 2022). Profit margin: 5.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.お知らせ • Mar 20Kingsoft Corporation Limited Announces Final Dividend or the Year Ended 31 December 2023 Payable on 19 June 2024Kingsoft Corporation Limited announced final Dividend of HKD 0.14 per share for the Year Ended 31 December 2023 payable on 19 June 2024. Record date is on 07 June 2024. Ex-dividend date is on 31 May 2024.お知らせ • Mar 05Kingsoft Corporation Limited to Report Fiscal Year 2023 Results on Mar 20, 2024Kingsoft Corporation Limited announced that they will report fiscal year 2023 results on Mar 20, 2024New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.14, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Entertainment industry in Europe. Total loss to shareholders of 68% over the past three years.お知らせ • Jan 18Kingsoft Corporation Limited Announces Board ChangesKingsoft Corporation Limited announced that Ms. Hongyu LV has tendered her resignation as the company secretary, the Board secretary, and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 19 January 2024 due to other professional commitment. The Board is pleased to further announce that, following the resignation of Ms. Hongyu LV, Ms. Ou LU has been appointed as the company secretary, the Board secretary and an Authorised Representative with effect from 19 January 2024. The biographical details of Ms. Ou LU are set out as follows: Ms. Ou LU received a Bachelor of Commerce degree, specialized in Accounting and Finance, from University of Toronto. Ms. Ou LU also received a Juris Doctorate degree from Boston University School of Law, and has been admitted to the New York State Bar. Ms. Ou LU is an associate member of The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries). Ms. Ou LU joined the Group in 2013, and has been served as the investor relations director, responsible for overseeing the Group's investor relations initiatives that encompass activities including, among others, communication with capital markets, financial reporting and market valuation management. Prior to joining the Group, Ms. Ou LU served as the board secretary and legal counsel of a company listed in the United States, and also worked at law firms prior thereto.Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥4.44 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥4.44 loss in 3Q 2022). Revenue: CN¥2.06b (up 12% from 3Q 2022). Net income: CN¥28.5m (up CN¥6.08b from 3Q 2022). Profit margin: 1.4% (up from net loss in 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.お知らせ • Nov 07Kingsoft Corporation Limited to Report Q3, 2023 Results on Nov 21, 2023Kingsoft Corporation Limited announced that they will report Q3, 2023 results on Nov 21, 2023Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.10 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.04 (up from CN¥0.10 loss in 2Q 2022). Revenue: CN¥2.19b (up 20% from 2Q 2022). Net income: CN¥57.2m (up CN¥196.6m from 2Q 2022). Profit margin: 2.6% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.お知らせ • Aug 08Kingsoft Corporation Limited to Report Q2, 2023 Results on Aug 22, 2023Kingsoft Corporation Limited announced that they will report Q2, 2023 results on Aug 22, 2023Recent Insider Transactions • Jul 04Co-Founder & Non-Executive Chairman recently bought €5.7m worth of stockOn the 29th of June, Jun Lei bought around 2m shares on-market at roughly €3.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jun's only on-market trade for the last 12 months.Buying Opportunity • May 29Now 23% undervaluedOver the last 90 days, the stock is up 6.0%. The fair value is estimated to be €4.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • May 26Upcoming dividend of HK$0.13 per share at 0.4% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 21 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.1%).お知らせ • May 25Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2022Kingsoft Corporation Limited at its annual general meeting held on 24 May 2023, approved to declare a final dividend of HKD 0.13 per share for the year ended 31 December 2022.Reported Earnings • May 24First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.07 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.07 in 1Q 2022). Revenue: CN¥1.97b (up 6.3% from 1Q 2022). Net income: CN¥192.3m (up 94% from 1Q 2022). Profit margin: 9.8% (up from 5.4% in 1Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Apr 02Non-Executive Director recently sold €12m worth of stockOn the 27th of March, Pak Kwan Kau sold around 3m shares on-market at roughly €4.05 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €21m more than they bought in the last 12 months.Reported Earnings • Mar 22Full year 2022 earnings released: CN¥4.43 loss per share (vs CN¥0.29 profit in FY 2021)Full year 2022 results: CN¥4.43 loss per share (down from CN¥0.29 profit in FY 2021). Revenue: CN¥7.64b (up 20% from FY 2021). Net loss: CN¥6.05b (down CN¥6.44b from profit in FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Eric Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 26Kingsoft Corporation Limited to Report Q3, 2022 Results on Nov 15, 2022Kingsoft Corporation Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 15, 2022Reported Earnings • Aug 24Second quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.04 profit in 2Q 2021)Second quarter 2022 results: CN¥0.10 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥1.83b (up 24% from 2Q 2021). Net loss: CN¥139.4m (down 387% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 90,133% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 24Kingsoft Corporation Limited Announces Executive ChangesThe Board of Kingsoft Corporation Limited announced that Mr. Chi Ping LAU (Mr. LAU) has tendered his resignation as a non-executive Director and a member of the Nomination Committee of the Company with effect from 23 August 2022 due to other work arrangements. The Board further announced that Mr. Leiwen YAO (Mr. YAO) has been appointed as a non-executive Director and a member of the Nomination Committee of the Company with effect from 23 August 2022. Mr. Leiwen YAO, aged 40, is a non-executive Director of the Company. He is also a Vice General Manager of the Investment Department in Tencent Holdings Limited. He joined Tencent in 2011 as a senior investment manager, and was promoted to the Vice General Manager of the Investment Department in Tencent in 2018, responsible for managing the investment, merger and acquisition activities in the high-tech and enterprise services sectors. Prior to joining Tencent, he was an investment director at Mindray, a global medical instrumentation developer, manufacturer and marketer, in charge of merger and acquisition activities in the healthcare sector. Prior to that, he worked at Deutsche Bank as an investment associate. Mr. YAO received his bachelor's degree in Economic Information Management and a master's degree in Finance from the University of International Business and Economics, and his master's degree in Business Administration from Institut Européen D'administration des Affaires (INSEAD). Mr. YAO has entered into a service contract as a non-executive Director with the Company for a term of 3 years from 23 August 2022. He is also subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Under the service contract, Mr. YAO will not receive Director's emoluments.お知らせ • May 26Kingsoft Corporation Limited Declares Final Dividend for the Financial Year End 31 December 2021Kingsoft Corporation Limited in its AGM held on May 25, 2022 declared final dividend of HKD 0.12 per share for the financial year end 31 December 2021.Upcoming Dividend • May 23Upcoming dividend of HK$0.12 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.9%).お知らせ • May 12Kingsoft Corporation Limited to Report Q1, 2022 Results on May 24, 2022Kingsoft Corporation Limited announced that they will report Q1, 2022 results on May 24, 2022お知らせ • May 06Kingsoft Corporation Limited Proposes Final Dividend for the Financial Year End 31 December 2021, Payable on 21 June 2022Kingsoft Corporation Limited proposed final dividend of HKD 0.12 per share for the financial year end 31 December 2021, subject to shareholders' approval on 25 May 2022. Record date is 06 June 2022 with payment date on 21 June 2022.お知らせ • May 02Kingsoft Corporation Limited, Annual General Meeting, May 25, 2022Kingsoft Corporation Limited, Annual General Meeting, May 25, 2022, at 10:30 China Standard Time. Location: Building D, Xiaomi Campus, No. 33 Xierqi Middle Road Haidian District Beijing China Agenda: To receive and consider the audited consolidated financial statements, the report of the directors and the independent auditors' report for the year ended 31 December 2021; to declare a final dividend of HK$0.12 per share for the year ended 31 December 2021; to re-appoint Ernst & Young as the auditors of the Company and to authorize the board of directors of the Company to fix the auditors' remuneration; and to consider other matters if any.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.29 (vs CN¥1.17 in FY 2020)Full year 2021 results: EPS: CN¥0.29 (down from CN¥1.17 in FY 2020). Revenue: CN¥6.37b (up 14% from FY 2020). Net income: CN¥395.3m (down 75% from FY 2020). Profit margin: 6.2% (down from 29% in FY 2020). Over the next year, revenue is forecast to grow 25%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Eric Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €2.53, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Entertainment industry in Germany. Total returns to shareholders of 9.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.68 per share.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 26% share price gain to €2.84, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Entertainment industry in Germany. Total returns to shareholders of 48% over the past three years.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €2.77, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Entertainment industry in Germany. Total returns to shareholders of 50% over the past three years.Recent Insider Transactions • Jan 25Key Executive recently sold €295k worth of stockOn the 18th of January, Yuk Keung Ng sold around 68k shares on-market at roughly €4.35 per share. This was the largest sale by an insider in the last 3 months. Yuk Keung has been a seller over the last 12 months, reducing personal holdings by €737k.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.49 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.51b (up 8.1% from 3Q 2020). Net income: CN¥565.2m (down 15% from 3Q 2020). Profit margin: 37% (down from 48% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01Kingsoft Corporation Limited (SEHK:3888) commences an Equity Buyback Plan for 137,272,872 shares, representing 10% of its issued share capital, under the authorization approved on May 26,2 021.Kingsoft Corporation Limited (SEHK:3888) commences share repurchases on August 31, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2021. As per the mandate, the company is authorized to repurchase up to 137,272,872 shares, representing 10% of its issued share capital. The purpose for the buyback is to enhance the net asset value per share and/or earnings per share. The repurchases will be funded from the company’s available cash flow or working capital facilities which will be legally available for such purpose in accordance with its memorandum of association and Articles of Association, the Companies Law of the Cayman Islands and any other applicable law. The authority shall expire at the earliest of the next Annual general Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 26, 2021, the company had 1,372,728,717 shares in issue. On August 30, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to HKD 1,000 million worth of its shares.Recent Insider Transactions • Sep 01Non-Executive Director recently bought €3.4m worth of stockOn the 25th of August, Pak Kwan Kau bought around 1m shares on-market at roughly €3.39 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €17m more in shares than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 31% share price decline to €2.97, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 94% over the past three years.Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.16 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.48b (up 4.2% from 2Q 2020). Net income: CN¥48.7m (down 78% from 2Q 2020). Profit margin: 3.3% (down from 16% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 28First quarter 2021 earnings released: EPS CN¥0.09The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥1.56b (up 33% from 1Q 2020). Net income: CN¥116.6m (down 76% from 1Q 2020). Profit margin: 7.5% (down from 42% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 29% per year.お知らせ • May 27Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2020Kingsoft Corporation Limited announced that at its annual general meeting held on May 26, 2021, approved the declaration of final dividend of HKD 0.20 per share for the year ended 31 December 2020.Upcoming Dividend • May 24Upcoming dividend of HK$0.20 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 18 June 2021. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).Recent Insider Transactions • Apr 29CEO & Executive Director recently sold €3.0m worth of stockOn the 23rd of April, Tao Zou sold around 497k shares on-market at roughly €5.99 per share. This was the largest sale by an insider in the last 3 months. Tao has been a seller over the last 12 months, reducing personal holdings by €8.0m.Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥1.17 (vs CN¥0.023 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.59b (up 28% from FY 2019). Net income: CN¥1.60b (up CN¥1.63b from FY 2019). Profit margin: 29% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.Reported Earnings • Mar 24Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥5.59b (down 32% from FY 2019). Net income: CN¥1.60b (up CN¥3.14b from FY 2019). Profit margin: 29% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.お知らせ • Mar 10Kingsoft Corporation Limited to Report Q4, 2020 Results on Mar 23, 2021Kingsoft Corporation Limited announced that they will report Q4, 2020 results on Mar 23, 2021Is New 90 Day High Low • Feb 03New 90-day high: €7.10The company is up 48% from its price of €4.80 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.45 per share.Is New 90 Day High Low • Jan 19New 90-day high: €6.30The company is up 49% from its price of €4.24 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.35 per share.Recent Insider Transactions • Jan 09Non-Executive Director recently sold €7.8m worth of stockOn the 5th of January, Pak Kwan Kau sold around 1m shares on-market at roughly €5.26 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €39m more than they bought in the last 12 months.Is New 90 Day High Low • Dec 31New 90-day high: €5.10The company is up 19% from its price of €4.28 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.46 per share.Analyst Estimate Surprise Post Earnings • Nov 18Revenue beats expectationsRevenue exceeded analyst estimates by 2.0%. Over the next year, revenue is expected to shrink by 29% compared to a 13% growth forecast for the Software industry in Germany.Is New 90 Day High Low • Nov 07New 90-day high: €4.84The company is up 8.0% from its price of €4.48 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.92 per share.お知らせ • Aug 10Kingsoft Corporation Limited to Report Q2, 2020 Results on Aug 18, 2020Kingsoft Corporation Limited announced that they will report Q2, 2020 results on Aug 18, 2020お知らせ • Jul 18Kingsoft Corporation Limited Announces Change of Principal Place of Business in Hong KongThe board of directors of Kingsoft Corporation Limited announced that the principal place of business of the Company in Hong Kong has been changed to Suite 3208, 32/F, Tower 5, The Gateway, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong with effect from 16 July 2020.株主還元3K1DE EntertainmentDE 市場7D-7.5%-0.3%-1.3%1Y-42.9%-49.2%-2.0%株主還元を見る業界別リターン: 3K1過去 1 年間で-49.2 % の収益を上げたGerman Entertainment業界を上回りました。リターン対市場: 3K1は、過去 1 年間で-2 % のリターンを上げたGerman市場を下回りました。価格変動Is 3K1's price volatile compared to industry and market?3K1 volatility3K1 Average Weekly Movement5.6%Entertainment Industry Average Movement8.3%Market Average Movement6.1%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 3K1 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3K1の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19888,945Tao Zouwww.kingsoft.comキングソフト・コーポレーション・リミテッドは、中国本土、香港、および国際的なエンターテインメント、オフィスソフトウェアおよびサービス事業に従事している。2つのセグメントで事業を展開している：オフィス・ソフトウェアおよびサービス、エンターテインメント・ソフトウェアおよびその他。ゲームの研究開発・運営・販売、PCゲームおよびモバイルゲームサービスの提供、WPS Office、WPS 365、WPS AIのオフィスソフトウェア製品およびサービスの設計・研究開発・販売・マーケティングを行っている。また、オンラインゲームの研究開発、オンラインゲームおよびアプリケーションソフトウェアのSMSおよびワイヤレスサービスのマーケティングおよび運営、オフィスアプリケーションソフトウェアの研究開発、運営および販売、エンターテイメントソフトウェア製品のマーケティングおよび運営、コンシューマ向けアプリケーションソフトウェアの研究開発および販売も行っている。キングソフト・コーポレーション・リミテッドは1988年に設立され、香港の尖沙咀に本社を置いている。もっと見るKingsoft Corporation Limited 基礎のまとめKingsoft の収益と売上を時価総額と比較するとどうか。3K1 基礎統計学時価総額€3.47b収益（TTM）€253.39m売上高(TTM)€1.22b13.7xPER（株価収益率2.8xP/Sレシオ3K1 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3K1 損益計算書（TTM）収益CN¥9.68b売上原価CN¥1.82b売上総利益CN¥7.86bその他の費用CN¥5.86b収益CN¥2.00b直近の収益報告Dec 31, 2025次回決算日May 27, 2026一株当たり利益（EPS）1.48グロス・マージン81.21%純利益率20.70%有利子負債／自己資本比率0.03%3K1 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.6%現在の配当利回り8%配当性向3K1 配当は確実ですか？3K1 配当履歴とベンチマークを見る3K1 、いつまでに購入すれば配当金を受け取れますか？Kingsoft 配当日配当落ち日Jun 01 2026配当支払日Jun 18 2026配当落ちまでの日数13 days配当支払日までの日数30 days3K1 配当は確実ですか？3K1 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/18 16:02終値2026/05/15 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kingsoft Corporation Limited 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。27 アナリスト機関Huiqun LiBofA Global ResearchYan Jing WuChina Galaxy Securities Co., Ltd.Xiaodan ZhangChina International Capital Corporation Limited24 その他のアナリストを表示
お知らせ • May 11Kingsoft Corporation Limited to Report Q1, 2026 Results on May 27, 2026Kingsoft Corporation Limited announced that they will report Q1, 2026 results on May 27, 2026
お知らせ • Mar 26Kingsoft Corporation Limited Recommends Final Dividend for the Ended 31 December 2025, Payable on June 18, 2026Kingsoft Corporation Limited has recommended the payment of a final dividend of HKD 0.13 per share for the year ended 31 December 2025 (2024: HKD 0.15 per share). The final dividend, subject to the approval of the shareholders of the Company at the forthcoming annual general meeting (the "AGM") of the Company, is expected to be paid on 18 June 2026. Ex-dividend date: 01 June 2026; Record date: 08 June 2026. Date of shareholders' approval: 28 May 2026.
お知らせ • Mar 25Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026, at 16:30 China Standard Time.
お知らせ • Mar 09Kingsoft Corporation Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Kingsoft Corporation Limited announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Nov 03Kingsoft Corporation Limited to Report Q3, 2025 Results on Nov 19, 2025Kingsoft Corporation Limited announced that they will report Q3, 2025 results at 9:30 AM, China Standard Time on Nov 19, 2025
お知らせ • Aug 04Kingsoft Corporation Limited to Report Q2, 2025 Results on Aug 20, 2025Kingsoft Corporation Limited announced that they will report Q2, 2025 results on Aug 20, 2025
お知らせ • May 11Kingsoft Corporation Limited to Report Q1, 2026 Results on May 27, 2026Kingsoft Corporation Limited announced that they will report Q1, 2026 results on May 27, 2026
お知らせ • Mar 26Kingsoft Corporation Limited Recommends Final Dividend for the Ended 31 December 2025, Payable on June 18, 2026Kingsoft Corporation Limited has recommended the payment of a final dividend of HKD 0.13 per share for the year ended 31 December 2025 (2024: HKD 0.15 per share). The final dividend, subject to the approval of the shareholders of the Company at the forthcoming annual general meeting (the "AGM") of the Company, is expected to be paid on 18 June 2026. Ex-dividend date: 01 June 2026; Record date: 08 June 2026. Date of shareholders' approval: 28 May 2026.
お知らせ • Mar 25Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026Kingsoft Corporation Limited, Annual General Meeting, May 28, 2026, at 16:30 China Standard Time.
お知らせ • Mar 09Kingsoft Corporation Limited to Report Fiscal Year 2025 Results on Mar 25, 2026Kingsoft Corporation Limited announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Nov 03Kingsoft Corporation Limited to Report Q3, 2025 Results on Nov 19, 2025Kingsoft Corporation Limited announced that they will report Q3, 2025 results at 9:30 AM, China Standard Time on Nov 19, 2025
お知らせ • Aug 04Kingsoft Corporation Limited to Report Q2, 2025 Results on Aug 20, 2025Kingsoft Corporation Limited announced that they will report Q2, 2025 results on Aug 20, 2025
お知らせ • May 29Kingsoft Corporation Limited Declares Final Dividend for the Year Ended 31 December 2024Kingsoft Corporation Limited announced at the AGM held on May 29, 2025, approved to declare a final dividend of HKD 0.15 per share for the year ended 31 December 2024.
お知らせ • May 13Kingsoft Corporation Limited to Report Q1, 2025 Results on May 28, 2025Kingsoft Corporation Limited announced that they will report Q1, 2025 results on May 28, 2025
お知らせ • Mar 20Kingsoft Corporation Limited announces Annual dividend, payable on June 18, 2025Kingsoft Corporation Limited announced Annual dividend of HKD 0.1500 per share payable on June 18, 2025, ex-date on June 02, 2025 and record date on June 03, 2025.
お知らせ • Mar 19Kingsoft Corporation Limited, Annual General Meeting, May 22, 2025Kingsoft Corporation Limited, Annual General Meeting, May 22, 2025.
お知らせ • Mar 03Kingsoft Corporation Limited to Report Fiscal Year 2024 Results on Mar 19, 2025Kingsoft Corporation Limited announced that they will report fiscal year 2024 results on Mar 19, 2025
お知らせ • Nov 04Kingsoft Corporation Limited to Report Q3, 2024 Results on Nov 19, 2024Kingsoft Corporation Limited announced that they will report Q3, 2024 results on Nov 19, 2024
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €3.24, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Entertainment industry in Germany. Total loss to shareholders of 4.4% over the past three years.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.88, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Entertainment industry in Germany. Total loss to shareholders of 16% over the past three years.
Reported Earnings • Sep 22Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.04 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.04 in 2Q 2023). Revenue: CN¥2.47b (up 13% from 2Q 2023). Net income: CN¥393.4m (up CN¥336.2m from 2Q 2023). Profit margin: 16% (up from 2.6% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.04 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.29 (up from CN¥0.04 in 2Q 2023). Revenue: CN¥2.47b (up 13% from 2Q 2023). Net income: CN¥393.4m (up CN¥336.2m from 2Q 2023). Profit margin: 16% (up from 2.6% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year.
お知らせ • Aug 05Kingsoft Corporation Limited to Report First Half, 2024 Results on Aug 20, 2024Kingsoft Corporation Limited announced that they will report first half, 2024 results on Aug 20, 2024
お知らせ • May 24Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2023Kingsoft Corporation Limited in its Annual General Meeting Held on 23 May 2024 approved the final dividend of HKD 0.14 per share for the year ended 31 December 2023.
Upcoming Dividend • May 24Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 31 May 2024. Payment date: 19 June 2024. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.7%).
Reported Earnings • May 23First quarter 2024 earnings released: EPS: CN¥0.21 (vs CN¥0.14 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.21 (up from CN¥0.14 in 1Q 2023). Revenue: CN¥2.14b (up 8.5% from 1Q 2023). Net income: CN¥284.6m (up 48% from 1Q 2023). Profit margin: 13% (up from 9.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • May 08Kingsoft Corporation Limited to Report Q1, 2024 Results on May 22, 2024Kingsoft Corporation Limited announced that they will report Q1, 2024 results on May 22, 2024
お知らせ • Apr 30Kingsoft Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2023Kingsoft Corporation Limited at its AGM to be held on 23 May 2024 proposed final dividend of HKD 0.14 per share for the year ended 31 December 2023.
Reported Earnings • Apr 21Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥4.44 loss in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥4.44 loss in FY 2022). Revenue: CN¥8.53b (up 12% from FY 2022). Net income: CN¥483.5m (up CN¥6.53b from FY 2022). Profit margin: 5.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 21Kingsoft Corporation Limited, Annual General Meeting, May 22, 2024Kingsoft Corporation Limited, Annual General Meeting, May 22, 2024. Agenda: To propose dividend; and to consider other matters.
Declared Dividend • Mar 22Dividend of HK$0.14 announcedShareholders will receive a dividend of HK$0.14. Ex-date: 31st May 2024 Payment date: 19th June 2024 Dividend yield will be 5.0%, which is higher than the industry average of 1.4%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 6%.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥4.43 loss in FY 2022)Full year 2023 results: EPS: CN¥0.36 (up from CN¥4.43 loss in FY 2022). Revenue: CN¥8.53b (up 12% from FY 2022). Net income: CN¥483.5m (up CN¥6.53b from FY 2022). Profit margin: 5.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 20Kingsoft Corporation Limited Announces Final Dividend or the Year Ended 31 December 2023 Payable on 19 June 2024Kingsoft Corporation Limited announced final Dividend of HKD 0.14 per share for the Year Ended 31 December 2023 payable on 19 June 2024. Record date is on 07 June 2024. Ex-dividend date is on 31 May 2024.
お知らせ • Mar 05Kingsoft Corporation Limited to Report Fiscal Year 2023 Results on Mar 20, 2024Kingsoft Corporation Limited announced that they will report fiscal year 2023 results on Mar 20, 2024
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.14, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Entertainment industry in Europe. Total loss to shareholders of 68% over the past three years.
お知らせ • Jan 18Kingsoft Corporation Limited Announces Board ChangesKingsoft Corporation Limited announced that Ms. Hongyu LV has tendered her resignation as the company secretary, the Board secretary, and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 19 January 2024 due to other professional commitment. The Board is pleased to further announce that, following the resignation of Ms. Hongyu LV, Ms. Ou LU has been appointed as the company secretary, the Board secretary and an Authorised Representative with effect from 19 January 2024. The biographical details of Ms. Ou LU are set out as follows: Ms. Ou LU received a Bachelor of Commerce degree, specialized in Accounting and Finance, from University of Toronto. Ms. Ou LU also received a Juris Doctorate degree from Boston University School of Law, and has been admitted to the New York State Bar. Ms. Ou LU is an associate member of The Hong Kong Chartered Governance Institute (formerly known as The Hong Kong Institute of Chartered Secretaries). Ms. Ou LU joined the Group in 2013, and has been served as the investor relations director, responsible for overseeing the Group's investor relations initiatives that encompass activities including, among others, communication with capital markets, financial reporting and market valuation management. Prior to joining the Group, Ms. Ou LU served as the board secretary and legal counsel of a company listed in the United States, and also worked at law firms prior thereto.
Reported Earnings • Nov 24Third quarter 2023 earnings released: EPS: CN¥0.02 (vs CN¥4.44 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.02 (up from CN¥4.44 loss in 3Q 2022). Revenue: CN¥2.06b (up 12% from 3Q 2022). Net income: CN¥28.5m (up CN¥6.08b from 3Q 2022). Profit margin: 1.4% (up from net loss in 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 07Kingsoft Corporation Limited to Report Q3, 2023 Results on Nov 21, 2023Kingsoft Corporation Limited announced that they will report Q3, 2023 results on Nov 21, 2023
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.04 (vs CN¥0.10 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.04 (up from CN¥0.10 loss in 2Q 2022). Revenue: CN¥2.19b (up 20% from 2Q 2022). Net income: CN¥57.2m (up CN¥196.6m from 2Q 2022). Profit margin: 2.6% (up from net loss in 2Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 08Kingsoft Corporation Limited to Report Q2, 2023 Results on Aug 22, 2023Kingsoft Corporation Limited announced that they will report Q2, 2023 results on Aug 22, 2023
Recent Insider Transactions • Jul 04Co-Founder & Non-Executive Chairman recently bought €5.7m worth of stockOn the 29th of June, Jun Lei bought around 2m shares on-market at roughly €3.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jun's only on-market trade for the last 12 months.
Buying Opportunity • May 29Now 23% undervaluedOver the last 90 days, the stock is up 6.0%. The fair value is estimated to be €4.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • May 26Upcoming dividend of HK$0.13 per share at 0.4% yieldEligible shareholders must have bought the stock before 02 June 2023. Payment date: 21 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.1%).
お知らせ • May 25Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2022Kingsoft Corporation Limited at its annual general meeting held on 24 May 2023, approved to declare a final dividend of HKD 0.13 per share for the year ended 31 December 2022.
Reported Earnings • May 24First quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.07 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.07 in 1Q 2022). Revenue: CN¥1.97b (up 6.3% from 1Q 2022). Net income: CN¥192.3m (up 94% from 1Q 2022). Profit margin: 9.8% (up from 5.4% in 1Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 137 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Apr 02Non-Executive Director recently sold €12m worth of stockOn the 27th of March, Pak Kwan Kau sold around 3m shares on-market at roughly €4.05 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €21m more than they bought in the last 12 months.
Reported Earnings • Mar 22Full year 2022 earnings released: CN¥4.43 loss per share (vs CN¥0.29 profit in FY 2021)Full year 2022 results: CN¥4.43 loss per share (down from CN¥0.29 profit in FY 2021). Revenue: CN¥7.64b (up 20% from FY 2021). Net loss: CN¥6.05b (down CN¥6.44b from profit in FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Eric Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 26Kingsoft Corporation Limited to Report Q3, 2022 Results on Nov 15, 2022Kingsoft Corporation Limited announced that they will report Q3, 2022 results at 4:00 PM, China Standard Time on Nov 15, 2022
Reported Earnings • Aug 24Second quarter 2022 earnings released: CN¥0.10 loss per share (vs CN¥0.04 profit in 2Q 2021)Second quarter 2022 results: CN¥0.10 loss per share (down from CN¥0.04 profit in 2Q 2021). Revenue: CN¥1.83b (up 24% from 2Q 2021). Net loss: CN¥139.4m (down 387% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 90,133% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 24Kingsoft Corporation Limited Announces Executive ChangesThe Board of Kingsoft Corporation Limited announced that Mr. Chi Ping LAU (Mr. LAU) has tendered his resignation as a non-executive Director and a member of the Nomination Committee of the Company with effect from 23 August 2022 due to other work arrangements. The Board further announced that Mr. Leiwen YAO (Mr. YAO) has been appointed as a non-executive Director and a member of the Nomination Committee of the Company with effect from 23 August 2022. Mr. Leiwen YAO, aged 40, is a non-executive Director of the Company. He is also a Vice General Manager of the Investment Department in Tencent Holdings Limited. He joined Tencent in 2011 as a senior investment manager, and was promoted to the Vice General Manager of the Investment Department in Tencent in 2018, responsible for managing the investment, merger and acquisition activities in the high-tech and enterprise services sectors. Prior to joining Tencent, he was an investment director at Mindray, a global medical instrumentation developer, manufacturer and marketer, in charge of merger and acquisition activities in the healthcare sector. Prior to that, he worked at Deutsche Bank as an investment associate. Mr. YAO received his bachelor's degree in Economic Information Management and a master's degree in Finance from the University of International Business and Economics, and his master's degree in Business Administration from Institut Européen D'administration des Affaires (INSEAD). Mr. YAO has entered into a service contract as a non-executive Director with the Company for a term of 3 years from 23 August 2022. He is also subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Under the service contract, Mr. YAO will not receive Director's emoluments.
お知らせ • May 26Kingsoft Corporation Limited Declares Final Dividend for the Financial Year End 31 December 2021Kingsoft Corporation Limited in its AGM held on May 25, 2022 declared final dividend of HKD 0.12 per share for the financial year end 31 December 2021.
Upcoming Dividend • May 23Upcoming dividend of HK$0.12 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 21 June 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (1.9%).
お知らせ • May 12Kingsoft Corporation Limited to Report Q1, 2022 Results on May 24, 2022Kingsoft Corporation Limited announced that they will report Q1, 2022 results on May 24, 2022
お知らせ • May 06Kingsoft Corporation Limited Proposes Final Dividend for the Financial Year End 31 December 2021, Payable on 21 June 2022Kingsoft Corporation Limited proposed final dividend of HKD 0.12 per share for the financial year end 31 December 2021, subject to shareholders' approval on 25 May 2022. Record date is 06 June 2022 with payment date on 21 June 2022.
お知らせ • May 02Kingsoft Corporation Limited, Annual General Meeting, May 25, 2022Kingsoft Corporation Limited, Annual General Meeting, May 25, 2022, at 10:30 China Standard Time. Location: Building D, Xiaomi Campus, No. 33 Xierqi Middle Road Haidian District Beijing China Agenda: To receive and consider the audited consolidated financial statements, the report of the directors and the independent auditors' report for the year ended 31 December 2021; to declare a final dividend of HK$0.12 per share for the year ended 31 December 2021; to re-appoint Ernst & Young as the auditors of the Company and to authorize the board of directors of the Company to fix the auditors' remuneration; and to consider other matters if any.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: CN¥0.29 (vs CN¥1.17 in FY 2020)Full year 2021 results: EPS: CN¥0.29 (down from CN¥1.17 in FY 2020). Revenue: CN¥6.37b (up 14% from FY 2020). Net income: CN¥395.3m (down 75% from FY 2020). Profit margin: 6.2% (down from 29% in FY 2020). Over the next year, revenue is forecast to grow 25%, compared to a 181% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Eric Wong was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €2.53, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 19x in the Entertainment industry in Germany. Total returns to shareholders of 9.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.68 per share.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 26% share price gain to €2.84, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Entertainment industry in Germany. Total returns to shareholders of 48% over the past three years.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €2.77, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Entertainment industry in Germany. Total returns to shareholders of 50% over the past three years.
Recent Insider Transactions • Jan 25Key Executive recently sold €295k worth of stockOn the 18th of January, Yuk Keung Ng sold around 68k shares on-market at roughly €4.35 per share. This was the largest sale by an insider in the last 3 months. Yuk Keung has been a seller over the last 12 months, reducing personal holdings by €737k.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS CN¥0.41 (vs CN¥0.49 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥1.51b (up 8.1% from 3Q 2020). Net income: CN¥565.2m (down 15% from 3Q 2020). Profit margin: 37% (down from 48% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01Kingsoft Corporation Limited (SEHK:3888) commences an Equity Buyback Plan for 137,272,872 shares, representing 10% of its issued share capital, under the authorization approved on May 26,2 021.Kingsoft Corporation Limited (SEHK:3888) commences share repurchases on August 31, 2021, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2021. As per the mandate, the company is authorized to repurchase up to 137,272,872 shares, representing 10% of its issued share capital. The purpose for the buyback is to enhance the net asset value per share and/or earnings per share. The repurchases will be funded from the company’s available cash flow or working capital facilities which will be legally available for such purpose in accordance with its memorandum of association and Articles of Association, the Companies Law of the Cayman Islands and any other applicable law. The authority shall expire at the earliest of the next Annual general Meeting, the date on which the next Annual General Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of May 26, 2021, the company had 1,372,728,717 shares in issue. On August 30, 2021, the company announced a share repurchase program. Under the program, the company will repurchase up to HKD 1,000 million worth of its shares.
Recent Insider Transactions • Sep 01Non-Executive Director recently bought €3.4m worth of stockOn the 25th of August, Pak Kwan Kau bought around 1m shares on-market at roughly €3.39 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €17m more in shares than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment deteriorated over the past weekAfter last week's 31% share price decline to €2.97, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 34x in the Software industry in Germany. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.04 (vs CN¥0.16 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.48b (up 4.2% from 2Q 2020). Net income: CN¥48.7m (down 78% from 2Q 2020). Profit margin: 3.3% (down from 16% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 28First quarter 2021 earnings released: EPS CN¥0.09The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥1.56b (up 33% from 1Q 2020). Net income: CN¥116.6m (down 76% from 1Q 2020). Profit margin: 7.5% (down from 42% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 29% per year.
お知らせ • May 27Kingsoft Corporation Limited Approves Final Dividend for the Year Ended 31 December 2020Kingsoft Corporation Limited announced that at its annual general meeting held on May 26, 2021, approved the declaration of final dividend of HKD 0.20 per share for the year ended 31 December 2020.
Upcoming Dividend • May 24Upcoming dividend of HK$0.20 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 18 June 2021. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%).
Recent Insider Transactions • Apr 29CEO & Executive Director recently sold €3.0m worth of stockOn the 23rd of April, Tao Zou sold around 497k shares on-market at roughly €5.99 per share. This was the largest sale by an insider in the last 3 months. Tao has been a seller over the last 12 months, reducing personal holdings by €8.0m.
Reported Earnings • Apr 24Full year 2020 earnings released: EPS CN¥1.17 (vs CN¥0.023 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.59b (up 28% from FY 2019). Net income: CN¥1.60b (up CN¥1.63b from FY 2019). Profit margin: 29% (up from net loss in FY 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 24Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥5.59b (down 32% from FY 2019). Net income: CN¥1.60b (up CN¥3.14b from FY 2019). Profit margin: 29% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 10Kingsoft Corporation Limited to Report Q4, 2020 Results on Mar 23, 2021Kingsoft Corporation Limited announced that they will report Q4, 2020 results on Mar 23, 2021
Is New 90 Day High Low • Feb 03New 90-day high: €7.10The company is up 48% from its price of €4.80 on 05 November 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.45 per share.
Is New 90 Day High Low • Jan 19New 90-day high: €6.30The company is up 49% from its price of €4.24 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.35 per share.
Recent Insider Transactions • Jan 09Non-Executive Director recently sold €7.8m worth of stockOn the 5th of January, Pak Kwan Kau sold around 1m shares on-market at roughly €5.26 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €39m more than they bought in the last 12 months.
Is New 90 Day High Low • Dec 31New 90-day high: €5.10The company is up 19% from its price of €4.28 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.46 per share.
Analyst Estimate Surprise Post Earnings • Nov 18Revenue beats expectationsRevenue exceeded analyst estimates by 2.0%. Over the next year, revenue is expected to shrink by 29% compared to a 13% growth forecast for the Software industry in Germany.
Is New 90 Day High Low • Nov 07New 90-day high: €4.84The company is up 8.0% from its price of €4.48 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.92 per share.
お知らせ • Aug 10Kingsoft Corporation Limited to Report Q2, 2020 Results on Aug 18, 2020Kingsoft Corporation Limited announced that they will report Q2, 2020 results on Aug 18, 2020
お知らせ • Jul 18Kingsoft Corporation Limited Announces Change of Principal Place of Business in Hong KongThe board of directors of Kingsoft Corporation Limited announced that the principal place of business of the Company in Hong Kong has been changed to Suite 3208, 32/F, Tower 5, The Gateway, Harbour City, Tsim Sha Tsui, Kowloon, Hong Kong with effect from 16 July 2020.
