Earnings Alerts

Beijing Kingsoft Office Softwa (688111) Earnings: 1H Net Income Misses Estimates with 20% Y/Y Growth

  • Beijing Kingsoft reported a net income of 721.4 million yuan in the first half of 2024.
  • This marks a 20% increase year-over-year.
  • However, the net income fell short of the estimated 745 million yuan.
  • The company’s revenue stood at 2.41 billion yuan.
  • This was below the estimated revenue of 2.52 billion yuan.
  • Market analysts provided mixed ratings: 35 buys, 5 holds, and 1 sell.

A look at Beijing Kingsoft Office Softwa Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum2
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Beijing Kingsoft Office Software, Inc., a company that specializes in developing and distributing software products, has garnered favorable Smartkarma Smart Scores in certain areas. With a Growth score of 4 and a Resilience score of 4, the company seems well-positioned for long-term success. A high Growth score indicates the potential for significant expansion, while a strong Resilience score suggests the company’s ability to weather market challenges.

Despite scoring lower in Value, Dividend, and Momentum, Beijing Kingsoft Office Software’s robust ratings in Growth and Resilience bode well for its future prospects. As the company continues to innovate and provide services such as cloud computing and system integration, investors may find Beijing Kingsoft Office Software an interesting prospect for long-term investment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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