Kingsoft 3888

Re: Kingsoft 3888

Postby winston » Wed Jul 18, 2018 12:57 pm

not vested

May 23, 2018

<Result Ann>KINGSOFT 1Q Net Profit Falls 50.35% to RMB118M

KINGSOFT (03888.HK) announced the first quarter results ended March 2018.

It reported net profit of RMB118 million, down 50.35% yearly, with basic EPS of RMB0.09. Nil dividend was declared.

Source: AAStocks Financial News
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Re: Kingsoft 3888

Postby winston » Tue Aug 28, 2018 3:12 pm

KINGSOFT(3888)

Analysis:

In first half, Kingsoft realized revenue of RMB2.6bn implying a slight growth of 4.5%.

By business segments, online games realized income of RMB1.2bn (-34% YoY), cloud service generated income of RMB888mn (+55% YoY) and WPS office software contributed RMB507mn (+67.4% YoY).

The decline of game business is due to increasing popularity of other entertainments which take players` leisure time and the slow-down of acquiring new players.

Game business is expected to maintain stable growth in future.

We highlight the bright outlook of cloud business and office software.

For cloud business, Kingsoft is one of top five cloud service providers in China and will step up development of cloud business in future.

For office software, its flagship product WPS is the second largest office software in world and takes up more than 70% in new us ers of office software.

Currently, WPS has already submitted listing document to Shenzhen exchange.

Strategy:
Buy-in Price: $15.20, Target Price: $16.00, Cut Loss Price: $13.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Kingsoft 3888

Postby winston » Tue Aug 28, 2018 3:12 pm

KINGSOFT(3888)

Analysis:

In first half, Kingsoft realized revenue of RMB2.6bn implying a slight growth of 4.5%.

By business segments, online games realized income of RMB1.2bn (-34% YoY), cloud service generated income of RMB888mn (+55% YoY) and WPS office software contributed RMB507mn (+67.4% YoY).

The decline of game business is due to increasing popularity of other entertainments which take players` leisure time and the slow-down of acquiring new players.

Game business is expected to maintain stable growth in future.

We highlight the bright outlook of cloud business and office software.

For cloud business, Kingsoft is one of top five cloud service providers in China and will step up development of cloud business in future.

For office software, its flagship product WPS is the second largest office software in world and takes up more than 70% in new us ers of office software.

Currently, WPS has already submitted listing document to Shenzhen exchange.

Strategy:
Buy-in Price: $15.20, Target Price: $16.00, Cut Loss Price: $13.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 103071
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Re: Kingsoft 3888

Postby winston » Tue Feb 12, 2019 11:25 am

not vested

KINGSOFT(3888)

Analysis:

Although Kingsoft (3888) recorded losses in the third quarter of 2018, it expected its online games business to pick up growth momentum in the second half of 2018 after the debut of its new mobile games, YSYY and JX Online mobile games.

The Group expects that the revenue of its cloud business, office software and others business will continue to maintain a steady growth.

Thus, the Group expects that the overall performance will improve in the year of 2019. (I do not hold the above stock)

Strategy:
Buy-in Price: $14.90, Target Price: $16.20, Cut Loss Price: $14.30

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Kingsoft 3888

Postby winston » Fri May 17, 2019 1:11 pm

not vested

KINGSOFT(3888)

Analysis:

The Group released its operating performance for the first quarter, where the revenue dropped by 1.8% QoQ, but increased by 36.6% YoY, due mainly to the robust growth in cloud service, almost doubled YoY.

Besides, the performance of Office software and other services was decent, up by 35.4% YoY in terms of revenue.

However, the revenue of Online game dropped slightly by 5.2%, due to the natural declining life cycles of existing games.

It is believed that “JX Online III” will be launched in the second quarter, becoming a new driver for the Online game. Until now, the number of bookings has already reached 12 million.

Meanwhile, the Group will launch WPS Office 2019 for Linux Professional and WPS office for Mac in March and April respectively, which will fuel the growth of the business.

Recently, WPS applied for listing in Science and technology innovation board, which could benefit its long term growth.

Strategy:
Buy-in Price: $18.50, Target Price: $20.00, Cut Loss Price: $17.00

Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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