KINGSOFT(03888.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at CNY 1.09 billion, YoY increase of 284.43%
May 27, 2026, KINGSOFT(03888.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at CNY 2.42 billion, increased by 3.37% YoY; Net Profit stood at CNY 2.14 billion, YoY increase of 320.56%; Profit Attributable to Shareholders stood at CNY 1.09 billion, YoY increase of 284.43%; Basic Earnings Per Share (EPS) stood at CNY 0.79.
In terms of profitability, KINGSOFT Gross Profit changed from CNY 1.92 billion in the same period last year to CNY 1.93 billion in the current period, increased by CNY 11.28 million; gross profit margin changed from 82.06% in the same period last year to 79.85% in the current period, decreased by 2.21 percentage points; net profit changed from CNY 508.56 million in the same period last year to CNY 2.14 billion in the current period, increased by CNY 1.63 billion; net profit margin changed from 21.75% in the same period last year to 88.5% in the current period, increased by 66.75 percentage points.
In terms of earnings quality, KINGSOFT Operating Profit changed from CNY 601.45 million in the same period last year to CNY 395.3 million in the current period, decreased by CNY 206.15 million; Operating Profit Margin changed from 25.73% in the same period last year to 16.36% in the current period, decreased by 9.37 percentage points; Net Cash Flow from Operating Activities changed from cash outflow of CNY 102.15 million in the same period last year to cash inflow of CNY 89.37 million in the current period, increased by CNY 191.52 million; Ratio of Net Cash Flow from Operating Activities to Total Operating Revenue changed from -4.37% in the same period last year to 3.7% in the current period, increased by 8.07 percentage points.
In terms of financial soundness, KINGSOFT Debt-to-Asset Ratio changed from 23.6% in the same period last year to 16.92% in the current period, decreased by 6.67 percentage points; Total Equity changed from CNY 28.902 billion in the same period last year to CNY 34.497 billion in the current period, increased by CNY 5.6 billion; Cash and Cash Equivalents changed from CNY 3.188 billion in the same period last year to CNY 3.769 billion in the current period, increased by CNY 581.52 million; Current Liabilities changed from CNY 7.8 billion in the same period last year to CNY 5.1 billion in the current period, decreased by CNY 2.71 billion; Quick Ratio changed from 3.82 in the same period last year to 5.83 in the current period, increased by 2.01 percentage points.
In terms of R&D investment focus, KINGSOFT R&D Expenses changed from CNY 827.85 million in the same period last year to CNY 941.76 million in the current period, increased by CNY 113.91 million; R&D to Total Revenue Ratio changed from 35.41% in the same period last year to 38.97% in the current period, increased by 3.56 percentage points.
By the close of trading on May 27, 2026, KINGSOFT(03888) saw a loss of 0.93% in its share price, closing at HKD 21.24. The full-day turnover stood at HKD 428.59 million, with the latest market capitalization at HKD 29.35 billion.
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