View ValuationKingsoft 将来の成長Future 基準チェック /16Kingsoft利益と収益がそれぞれ年間1.7%と10.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に6.1% 1.5%なると予測されています。主要情報1.7%収益成長率1.53%EPS成長率Entertainment 収益成長9.6%収益成長率10.9%将来の株主資本利益率6.10%アナリストカバレッジGood最終更新日13 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less 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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Bo DU was the last independent director to join the board, commencing their role in 2026. 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 • 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 24%After last week's 24% share price decline to HK$27.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Entertainment industry in Hong Kong. Total loss to shareholders of 15% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to HK$27.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Entertainment industry in Hong Kong. Total loss to shareholders of 11% 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 16% growth forecast for the Entertainment industry in Hong Kong. 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 9% 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 15% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% 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, 2024Upcoming 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 Hong Kong dividend payers (7.5%). Lower than average of industry peers (3.1%).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.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 16% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 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 0.6%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 6%.Reported Earnings • Mar 21Full 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 19% growth forecast for the Entertainment industry in Hong Kong. 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 • 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 22Third 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 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Buying Opportunity • Nov 17Now 22% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be HK$39.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company became loss making.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 20% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 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 HK$49m worth of stockOn the 29th of June, Jun Lei bought around 2m shares on-market at roughly HK$32.44 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.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 Hong Kong dividend payers (7.7%). Lower than average of industry peers (2.7%).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 17% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Apr 01Non-Executive Director recently sold HK$103m worth of stockOn the 27th of March, Pak Kwan Kau sold around 3m shares on-market at roughly HK$34.28 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 HK$176m 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 20% growth forecast for the Entertainment industry in Hong Kong. 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.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 24% growth forecast for the Entertainment industry in Hong Kong. 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 20% per year, which means it is significantly lagging earnings growth.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: 0.4%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (2.5%).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 30% growth forecast for the industry in Hong Kong. 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 2% 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 16% share price decline to HK$22.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 6x in the Entertainment industry in Hong Kong. Total returns to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$32.21 per share.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$25.25, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 7x in the Entertainment industry in Hong Kong. Total returns to shareholders of 45% 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 HK$24.60, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 8x in the Entertainment industry in Hong Kong. Total returns to shareholders of 49% over the past three years.Recent Insider Transactions • Jan 25Key Executive recently sold HK$2.6m worth of stockOn the 18th of January, Yuk Keung Ng sold around 68k shares on-market at roughly HK$38.40 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 HK$6.5m.Reported Earnings • Nov 18Third 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 42% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Sep 01Non-Executive Director recently bought HK$31m worth of stockOn the 25th of August, Pak Kwan Kau bought around 1m shares on-market at roughly HK$31.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$155m 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 28% share price decline to HK$28.40, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 27x in the Software industry in Asia. Total returns to shareholders of 97% over the past three years.Reported Earnings • Aug 26Second 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 29% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥31.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Software industry in Asia. Total returns to shareholders of 69% over the past three years.Reported Earnings • May 29First 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 28% per year.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 Hong Kong dividend payers (6.0%). Lower than average of industry peers (0.6%).Recent Insider Transactions • Apr 29CEO & Executive Director recently sold HK$28m worth of stockOn the 23rd of April, Tao Zou sold around 497k shares on-market at roughly HK$56.08 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 HK$74m.Reported Earnings • Apr 25Full 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 34% 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 113 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 04New 90-day high: HK$67.90The company is up 50% from its price of HK$45.35 on 06 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 59% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$42.10 per share.Is New 90 Day High Low • Jan 18New 90-day high: HK$60.45The company is up 55% from its price of HK$39.00 on 21 October 2020. The Hong Kong 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 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$30.99 per share.Recent Insider Transactions • Jan 09Non-Executive Director recently sold HK$74m worth of stockOn the 5th of January, Pak Kwan Kau sold around 1m shares on-market at roughly HK$50.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$356m more than they bought in the last 12 months.Is New 90 Day High Low • Dec 30New 90-day high: HK$48.40The company is up 25% from its price of HK$38.65 on 30 September 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$31.56 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 28% compared to a 28% growth forecast for the Software industry in Hong Kong.Is New 90 Day High Low • Nov 07New 90-day high: HK$45.35The company is up 12% from its price of HK$40.60 on 07 August 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$26.34 per share.業績と収益の成長予測SZSC:3888 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202813,2731,9384,7325,067412/31/202712,0771,7653,9643,2921012/31/202610,3641,4583,3962,825712/31/20259,6832,0041,9502,292N/A9/30/20259,8571,4902,5562,984N/A6/30/202510,3531,6903,4133,878N/A3/31/202510,5191,5513,7234,156N/A12/31/202410,3181,5524,1614,587N/A9/30/20249,8361,2974,0914,495N/A6/30/20248,9809122,1002,555N/A3/31/20248,7005762,9463,455N/A12/31/20238,5344833,0153,489N/A9/30/20238,3363272,4482,987N/A6/30/20238,113-5,7583,3433,828N/A3/31/20237,754-5,9562,2542,747N/A12/31/20227,637-6,0492,0752,574N/A9/30/20227,346-6,4301,8832,203N/A6/30/20227,0191882,0262,405N/A3/31/20226,6653781,8582,170N/A12/31/20216,3713951,9182,220N/A9/30/20216,1559512,1632,372N/A6/30/20216,0421,0532,3432,552N/A3/31/20215,9831,2282,4442,684N/A12/31/20205,5941,5992,4982,991N/A9/30/20209,317971,5152,471N/A6/30/20205,1191,4497201,889N/A3/31/20204,655228-71,420N/A12/31/20194,371-31-552825N/A9/30/20194,649-36N/A733N/A6/30/20195,140-600N/A651N/A3/31/20195,530499N/A622N/A12/31/20185,906389N/A770N/A9/30/20185,528411N/A517N/A6/30/20185,293578N/A1,135N/A3/31/20185,232665N/A1,375N/A12/31/20175,181683N/A1,890N/A9/30/20175,094624N/A2,503N/A6/30/20174,914651N/A2,067N/A3/31/20174,380-216N/A1,906N/A12/31/20163,834-237N/A1,393N/A9/30/20164,318-315N/A1,492N/A6/30/20164,702-403N/A1,517N/A3/31/20165,233371N/A1,522N/A12/31/20155,676369N/A1,435N/A9/30/20154,970430N/A1,098N/A6/30/20154,316613N/A990N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3888の予測収益成長率 (年間1.7% ) は 貯蓄率 ( 3% ) を下回っています。収益対市場: 3888の収益 ( 1.7% ) Hong Kong市場 ( 12.6% ) よりも低い成長が予測されています。高成長収益: 3888の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 3888の収益 ( 10.9% ) Hong Kong市場 ( 8.7% ) よりも速いペースで成長すると予測されています。高い収益成長: 3888の収益 ( 10.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3888の 自己資本利益率 は、3年後には低くなると予測されています ( 6.1 %)。成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance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2026/05/22 10:06終値2026/05/22 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
Board Change • May 20Less 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 an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Bo DU was the last independent director to join the board, commencing their role in 2026. 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 • 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 24%After last week's 24% share price decline to HK$27.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Entertainment industry in Hong Kong. Total loss to shareholders of 15% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to HK$27.30, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 12x in the Entertainment industry in Hong Kong. Total loss to shareholders of 11% 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 16% growth forecast for the Entertainment industry in Hong Kong. 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 9% 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 15% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% 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
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 Hong Kong dividend payers (7.5%). Lower than average of industry peers (3.1%).
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.
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 16% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 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 0.6%, which is lower than the industry average of 4.2%. Payout Ratios Payout ratio: 36%. Cash payout ratio: 6%.
Reported Earnings • Mar 21Full 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 19% growth forecast for the Entertainment industry in Hong Kong. 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 • 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
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 22Third 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 17% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Nov 17Now 22% undervaluedOver the last 90 days, the stock is up 3.0%. The fair value is estimated to be HK$39.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Meanwhile, the company became loss making.
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 20% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 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 HK$49m worth of stockOn the 29th of June, Jun Lei bought around 2m shares on-market at roughly HK$32.44 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.
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 Hong Kong dividend payers (7.7%). Lower than average of industry peers (2.7%).
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 17% growth forecast for the Entertainment industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Apr 01Non-Executive Director recently sold HK$103m worth of stockOn the 27th of March, Pak Kwan Kau sold around 3m shares on-market at roughly HK$34.28 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 HK$176m 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 20% growth forecast for the Entertainment industry in Hong Kong. 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.
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 24% growth forecast for the Entertainment industry in Hong Kong. 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 20% per year, which means it is significantly lagging earnings growth.
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: 0.4%. Lower than top quartile of Hong Kong dividend payers (7.8%). Lower than average of industry peers (2.5%).
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 30% growth forecast for the industry in Hong Kong. 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 2% 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 16% share price decline to HK$22.50, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 6x in the Entertainment industry in Hong Kong. Total returns to shareholders of 7.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$32.21 per share.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$25.25, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 7x in the Entertainment industry in Hong Kong. Total returns to shareholders of 45% 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 HK$24.60, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 8x in the Entertainment industry in Hong Kong. Total returns to shareholders of 49% over the past three years.
Recent Insider Transactions • Jan 25Key Executive recently sold HK$2.6m worth of stockOn the 18th of January, Yuk Keung Ng sold around 68k shares on-market at roughly HK$38.40 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 HK$6.5m.
Reported Earnings • Nov 18Third 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 42% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Sep 01Non-Executive Director recently bought HK$31m worth of stockOn the 25th of August, Pak Kwan Kau bought around 1m shares on-market at roughly HK$31.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold HK$155m 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 28% share price decline to HK$28.40, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 27x in the Software industry in Asia. Total returns to shareholders of 97% over the past three years.
Reported Earnings • Aug 26Second 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 29% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to CN¥31.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the Software industry in Asia. Total returns to shareholders of 69% over the past three years.
Reported Earnings • May 29First 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 28% per year.
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 Hong Kong dividend payers (6.0%). Lower than average of industry peers (0.6%).
Recent Insider Transactions • Apr 29CEO & Executive Director recently sold HK$28m worth of stockOn the 23rd of April, Tao Zou sold around 497k shares on-market at roughly HK$56.08 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 HK$74m.
Reported Earnings • Apr 25Full 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 34% 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 113 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 04New 90-day high: HK$67.90The company is up 50% from its price of HK$45.35 on 06 November 2020. The Hong Kong market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 59% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$42.10 per share.
Is New 90 Day High Low • Jan 18New 90-day high: HK$60.45The company is up 55% from its price of HK$39.00 on 21 October 2020. The Hong Kong 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 49% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$30.99 per share.
Recent Insider Transactions • Jan 09Non-Executive Director recently sold HK$74m worth of stockOn the 5th of January, Pak Kwan Kau sold around 1m shares on-market at roughly HK$50.05 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$356m more than they bought in the last 12 months.
Is New 90 Day High Low • Dec 30New 90-day high: HK$48.40The company is up 25% from its price of HK$38.65 on 30 September 2020. The Hong Kong market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Software industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$31.56 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 28% compared to a 28% growth forecast for the Software industry in Hong Kong.
Is New 90 Day High Low • Nov 07New 90-day high: HK$45.35The company is up 12% from its price of HK$40.60 on 07 August 2020. The Hong Kong market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$26.34 per share.