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Kingsoft
(OTC:3888)
Kingsoft (3888) vs. iShares MSCI Hong Kong ETF (EWH)
Kingsoft Business Overview & Revenue Model
Kingsoft Earnings Call Summary
Kingsoft Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.32B | 8.53B | 7.64B | 6.37B | 5.59B |
| Gross Profit | 8.58B | 7.03B | 6.18B | 5.21B | 4.68B |
| EBITDA | 3.83B | 1.90B | 1.15B | 1.50B | 2.67B |
| Net Income | 1.55B | 483.46M | -5.34B | 952.84M | 1.80B |
Balance Sheet | |||||
| Total Assets | 38.28B | 35.19B | 31.89B | 36.54B | 35.04B |
| Cash, Cash Equivalents and Short-Term Investments | 26.58B | 23.86B | 21.33B | 19.09B | 17.96B |
| Total Debt | 3.02B | 2.84B | 2.80B | 2.45B | 2.42B |
| Total Liabilities | 9.87B | 8.62B | 7.73B | 7.74B | 6.82B |
| Stockholders Equity | 22.46B | 21.29B | 19.50B | 24.78B | 24.66B |
Cash Flow | |||||
| Free Cash Flow | 4.16B | 3.01B | 2.06B | 1.92B | 2.46B |
| Operating Cash Flow | 4.59B | 3.49B | 2.57B | 2.22B | 2.99B |
| Investing Cash Flow | -8.52B | -6.48B | 4.42B | -1.61B | -7.57B |
| Financing Cash Flow | -1.08B | 655.86M | -619.04M | -479.61M | 1.88B |
Kingsoft Technical Analysis
Kingsoft Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $56.55B | 32.12 | 7.07% | 0.37% | 19.66% | 169.54% | |
55 Neutral | HK$65.49B | -1.50 | -1.91% | 7.66% | -4.18% | -13.99% | |
| $617.75M | 8.30 | 19.85% | 0.20% | ― | ― | ||
75 Outperform | HK$2.42B | 5.06 | 17.68% | 6.41% | -21.05% | -42.14% | |
71 Outperform | HK$68.07B | ― | -4.30% | ― | 20.62% | 87.94% | |
69 Neutral | HK$23.26B | 25.86 | 38.63% | ― | 44.92% | ― | |
47 Neutral | HK$1.39B | ― | -43.81% | ― | -27.68% | -11792.65% |
Kingsoft Corporate Events
Kingsoft Corporation Limited announced the grant of 2,791,000 restricted shares to 198 employees under the BKOS 2025 Share Incentive Scheme. This move aims to recognize the contributions of key personnel and retain talent within the BKOS Group, enhancing the company’s operational stability and competitive positioning in the market.
The most recent analyst rating on (HK:3888) stock is a Buy with a HK$43.30 price target. To see the full list of analyst forecasts on Kingsoft stock, see the HK:3888 Stock Forecast page.
Kingsoft Corporation Limited held its Annual General Meeting on May 29, 2025, where all proposed resolutions were successfully passed by shareholder vote. Key decisions included the approval of the 2024 financial statements, the declaration of a final dividend, the re-election of directors, and the reappointment of Ernst & Young as auditors. These outcomes reflect strong shareholder support and are expected to positively impact the company’s governance and financial strategies moving forward.
The most recent analyst rating on (HK:3888) stock is a Buy with a HK$43.30 price target. To see the full list of analyst forecasts on Kingsoft stock, see the HK:3888 Stock Forecast page.
Kingsoft Corporation Limited announced its unaudited financial results for the first quarter of 2025, showing a 9% year-on-year increase in revenue to RMB 2,337,995,000. Despite this revenue growth, the company experienced a decline in operating profit and profit attributable to owners, with a notable decrease in basic and diluted earnings per share. The operational highlights reveal an 8% increase in the monthly active devices of WPS Office globally, reaching 647 million, and a 17% year-on-year growth in accumulated paying subscribers in Mainland China, totaling 41.7 million.
The most recent analyst rating on (HK:3888) stock is a Buy with a HK$43.30 price target. To see the full list of analyst forecasts on Kingsoft stock, see the HK:3888 Stock Forecast page.
Kingsoft Corporation Limited has announced a board meeting scheduled for May 28, 2025, to review and approve the unaudited quarterly results for the first quarter ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance, potentially impacting its market positioning and stakeholder confidence.
Kingsoft Corporation Limited has announced a change in the schedule for its Annual General Meeting (AGM) and the corresponding book closure period for determining shareholder eligibility. The AGM, initially set for May 22, 2025, will now be held on May 29, 2025, with the book closure period adjusted accordingly. This change impacts shareholders’ ability to attend the AGM and qualify for the proposed final dividend, requiring them to lodge share transfers by specific dates to maintain eligibility.
Kingsoft Corporation Limited has announced a final cash dividend of HKD 0.15 per share for the financial year ending December 31, 2024. The announcement includes updated dates for shareholders’ approval, the ex-dividend date, and the book closure period, with the payment date set for June 18, 2025. This update reflects Kingsoft’s commitment to returning value to its shareholders and may positively impact investor sentiment.
Kingsoft Corporation Limited has announced its Annual General Meeting to be held on May 29, 2025, in Zhuhai, Guangdong, PRC. Key agenda items include the consideration of audited financial statements for 2024, declaration of a final dividend, re-election of directors, and re-appointment of auditors. The meeting will also address resolutions enabling the directors to allot and issue additional shares, which could impact the company’s capital structure and shareholder value.
Kingsoft Corporation Limited announced the full redemption of its outstanding convertible bonds upon maturity. The company had previously issued HK$3.1 billion in convertible bonds, of which approximately 73.35% were converted into shares. The remaining bonds, amounting to approximately HK$826 million, were fully redeemed along with accrued interests, leading to their cancellation and delisting from the Hong Kong Stock Exchange. This move marks a significant financial maneuver for Kingsoft, potentially impacting its financial structure and signaling a strategic shift in its capital management.
Kingsoft Corporation Limited announced the financial results of its subsidiary, Beijing Kingsoft Office Software, Inc., for the first quarter of 2025. The company reported a 6.22% increase in revenue and a 9.75% rise in net profit attributable to shareholders compared to the same period last year. Despite these positive results, the net cash flow from operating activities saw a significant decline of 77.05%. The company also increased its research and development expenses by 16.17%, reflecting its commitment to innovation. These financial indicators suggest a strong performance in revenue and profit, but the decrease in cash flow may raise concerns among stakeholders.
Kingsoft Corporation Limited announced the partial conversion of its HK$3,100,000,000 0.625% Convertible Bonds due 2025. On April 17, 2025, the company issued 12,366,980 shares to bondholders who exercised their conversion rights, representing approximately 13.87% of the initial principal amount of the bonds. This conversion results in the cancellation of the converted bonds, reducing the outstanding principal amount to approximately HK$826 million. The conversion impacts the company’s share structure, increasing the total shares in issue by approximately 0.88%. Kingsoft will continue to announce further redemptions or cancellations of the bonds as necessary.
Kingsoft Corporation Limited announced a Subscription Agreement with Kingsoft Cloud, wherein Kingsoft has agreed to subscribe to new shares at HK$5.83 each. This transaction is classified as a connected transaction due to the involvement of Mr. Jun LEI, a director with significant voting power in Xiaomi, which holds a stake in Kingsoft Cloud. The Subscription will result in Kingsoft acquiring approximately 1.65% of Kingsoft Cloud’s enlarged share capital, subject to certain conditions. This move could strengthen Kingsoft’s position in the cloud services market, potentially impacting its market strategy and stakeholder interests.
Kingsoft Corporation Limited announced the partial conversion of its 0.625% Convertible Bonds due 2025, resulting in the issuance of 31,924,065 new shares. This conversion represents approximately 35.81% of the initial principal amount of the bonds and reduces the outstanding principal to approximately HK$1,256 million. The conversion and subsequent share issuance slightly increase the company’s total shares in issue, impacting its capital structure and potentially affecting shareholder value.
Kingsoft Corporation Limited announced the partial conversion of its convertible bonds, resulting in the issuance of 10,123,667 new shares to bondholders. This conversion represents approximately 11.35% of the initial principal amount of the bonds and 0.75% of the company’s total shares. The outstanding principal amount of the convertible bonds is now approximately HK$2,366 million, indicating a significant reduction in debt and potential positive impact on the company’s financial structure.
Kingsoft Corporation Limited announced the partial conversion of its convertible bonds, originally issued in 2020, with bondholders exercising conversion rights resulting in the issuance of over 10 million new shares. This conversion represents approximately 12.32% of the initial principal amount of the bonds, reducing the outstanding principal to approximately HK$2,718 million. The conversion impacts the company’s share structure, increasing the total shares in issue by approximately 0.82%. Kingsoft plans to make further announcements regarding future redemptions or cancellations of the bonds.