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Kingsoft Cloud Holdings Ltd (HK:3896)
:3896
Holding HK:3896?
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.09Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 18, 2020
|% Change Since: 160.96%
|Next Earnings Date:Jun 03, 2020
Earnings Call Sentiment|Positive
The earnings call highlights strong revenue growth, improved profitability, and significant advancements in AI and ecosystem partnerships. While there are minor issues with the CDN business, the overall performance is positive.Company Guidance
During the Kingsoft Cloud Third Quarter 2024 Earnings Conference Call, the company provided optimistic financial guidance for the upcoming period. They highlighted a continued strong year-over-year growth trajectory of 16% for the quarter, with revenues reaching RMB 1.89 billion. This growth outpaces the industry average, driven by both their public and enterprise cloud businesses, which also saw double-digit growth. The company reported a significant improvement in profitability, with an adjusted EBITDA margin rising to 10% from 3.2% in the previous quarter. Additionally, AI-related revenues have shown substantial growth, accounting for 31% of the public cloud business and demonstrating a 6.9-fold increase compared to last year. Kingsoft Cloud also anticipates accelerated revenue growth and further improvement in profitability for Q4 2024, driven by stronger AI business momentum and increased contributions from the Xiaomi and Kingsoft ecosystem, projecting continued market share gains in the cloud services sector.Accelerated Revenue Growth
Kingsoft Cloud achieved a 16% year-over-year revenue growth in Q3 2024, outpacing the industry average.
Profitability Improvement
EBITDA margin improved to 10% in Q3 2024, a significant increase from 3.2% in Q2, with adjusted operating loss margin narrowing from 16.2% last year to 7% this quarter.
AI Revenue Surge
AI revenue grew by 6.9 times year-over-year, now contributing 31% of public cloud revenue, with triple-digit growth for five consecutive quarters.
Strong Ecosystem Growth
Revenues from the Xiaomi and Kingsoft ecosystem increased by 36% year-over-year, driven by growth in Xiaomi's automotive business and AI services.
Cash Flow Strength
Net operating cash inflow reached RMB228 million, showing strong cash generation capabilities.
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HK:3896 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HK:3896 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | HK$2.28 | HK$2.47 | +8.33% |
| Aug 20, 2024 | HK$1.33 | HK$1.32 | -0.75% |
| May 22, 2024 | HK$1.67 | HK$1.71 | +2.40% |
| Mar 20, 2024 | HK$1.71 | HK$1.85 | +8.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kingsoft Cloud Holdings Ltd (HK:3896) report earnings?
Kingsoft Cloud Holdings Ltd (HK:3896) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is Kingsoft Cloud Holdings Ltd (HK:3896) earnings time?
Kingsoft Cloud Holdings Ltd (HK:3896) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Kingsoft Cloud Holdings Ltd stock?
The P/E ratio of Kingsoft Cloud Holdings Ltd is N/A.
What is HK:3896 EPS forecast?
HK:3896 EPS forecast for the fiscal quarter 2024 (Q4) is -0.06.
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