KINGSOFT CLOUD(03896.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at loss of CNY 343.82 million, loss widened by 9.52% YoY
NewTimeSpace News: May 27, 2026, KINGSOFT CLOUD(03896.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at CNY 2.7 billion, increased by 37.25% YoY; Net Profit stood at loss of CNY 343.72 million, loss widened by 8.73% YoY; Profit Attributable to Shareholders stood at loss of CNY 343.82 million, loss widened by 9.52% YoY; Basic Earnings Per Share (EPS) stood at loss of CNY cents 8.
In terms of profitability, KINGSOFT CLOUD Gross Profit changed from CNY 318.31 million in the same period last year to CNY 345.75 million in the current period, increased by CNY 27.44 million; gross profit margin changed from 16.16% in the same period last year to 12.79% in the current period, decreased by 3.37 percentage points; net profit changed from loss of CNY 316.11 million in the same period last year to loss of CNY 343.72 million in the current period, decreased by CNY 27.61 million; net profit margin changed from -16.05% in the same period last year to -12.71% in the current period, increased by 3.34 percentage points.
In terms of earnings quality, KINGSOFT CLOUD Operating Profit changed from loss of CNY 234.2 million in the same period last year to loss of CNY 166.11 million in the current period, increased by CNY 68.09 million; Operating Profit Margin changed from -11.89% in the same period last year to -6.14% in the current period, increased by 5.74 percentage points; Net Cash Flow from Operating Activities changed from cash outflow of CNY 418.39 million in the same period last year to cash inflow of CNY 533.98 million in the current period, increased by CNY 952.37 million; Ratio of Net Cash Flow from Operating Activities to Total Operating Revenue changed from -21.24% in the same period last year to 19.75% in the current period, increased by 40.99 percentage points.
In terms of financial soundness, KINGSOFT CLOUD Debt-to-Asset Ratio changed from 72.9% in the same period last year to 68.38% in the current period, decreased by 4.52 percentage points; Total Equity changed from CNY 5.345 billion in the same period last year to CNY 8.998 billion in the current period, increased by CNY 3.65 billion; Cash and Cash Equivalents changed from CNY 2.386 billion in the same period last year to CNY 4.951 billion in the current period, increased by CNY 2.56 billion; Current Liabilities changed from CNY 9.8 billion in the same period last year to CNY 10.22 billion in the current period, increased by CNY 418.9 million.
In terms of R&D investment focus, KINGSOFT CLOUD R&D Expenses changed from CNY 226.17 million in the same period last year to CNY 193.32 million in the current period, decreased by CNY 32.86 million; R&D to Total Revenue Ratio changed from 11.48% in the same period last year to 7.15% in the current period, decreased by 4.33 percentage points.
By the close of trading on May 27, 2026, KINGSOFT CLOUD(03896) saw a loss of 1.6% in its share price, closing at HKD 6.78. The full-day turnover stood at HKD 480.79 million, with the latest market capitalization at HKD 30.73 billion.
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