Showing posts with label Cheetah Mobile (CMCM). Show all posts
Showing posts with label Cheetah Mobile (CMCM). Show all posts
Tuesday, August 22, 2017
Tuesday, March 21, 2017
Monday, November 21, 2016
Cheetah Mobile (CMCM) earnings on Mon 21 Nov 2016 (b/o)
** charts after earnings **
BEIJING (AP) _ Cheetah Mobile Inc. (CMCM) on Monday reported third-quarter net income of $68,000.
The Beijing-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for stock option expense, came to 8 cents per share.
The mobile internet company posted revenue of $169.2 million in the period.
For the current quarter ending in December, Cheetah Mobile said it expects revenue in the range of $180 million to $186 million.
Cheetah Mobile shares have dropped 34 percent since the beginning of the year. The stock has fallen 45 percent in the last 12 months.
The Beijing-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for stock option expense, came to 8 cents per share.
The mobile internet company posted revenue of $169.2 million in the period.
For the current quarter ending in December, Cheetah Mobile said it expects revenue in the range of $180 million to $186 million.
Cheetah Mobile shares have dropped 34 percent since the beginning of the year. The stock has fallen 45 percent in the last 12 months.
Thursday, May 19, 2016
Cheetah Mobile (CMCM) reported earnings on Thur 5/19/16 (b/o)
** charts after earnings **
Cheetah Mobile beats by RMB0.04, beats on revs :
- Reports Q1 (Mar) earnings of RMB 0.71 per share, excluding non-recurring items, RMB 0.04 better than the Capital IQ Consensus of RMB 0.67; revenues rose 57.2% year/year to RMB 1.12 bln vs the RMB 1.09 bln two analyst estimate.
- Mobile monthly active users increased by 16 million quarter-over-quarter to 651 million in March 2016. Mobile MAUs from overseas markets were 79.5% of total mobile MAUs in March 2016.
- Total global mobile user installations increased by 421 million quarter-over-quarter to 2,762 million as of March 31, 2016.
- Co issues guidance for Q2, sees Q2 revs of RMB975-1000 mln, may not be comparable to RMB 1.39 bln two analyst estimate.
Tuesday, May 19, 2015
Friday, January 9, 2015
Monday, January 5, 2015
Saturday, August 23, 2014
Cheetah Mobile (CMCM) reported earnings on 19 August 2014
Software security firm Cheetah Mobile (CMCM) on Tuesday reported earnings per share of 8 cents, at least double analyst forecasts. Revenue rose 139% year over year to $61.3 million, beating estimates by $5.5 million. It was the eighth quarter in a row of triple-digit gains.
Cheetah Mobile stock sprinted 13% to a new high of 30.37 early, but gave it all back, closing down a fraction to 26.66.
Similar action was seen last week with Vipshop Holdings (VIPS). The Chinese flash sales online apparel retailer crushed Q2 earnings and sales forecasts with triple-digit gains and guided Q3 views higher. But shares fell 5% on Aug. 14, after soaring to a record high the prior session. Investors reportedly expected even more, especially on guidance.
Late Monday, beauty products site Jumei International (JMEI) also beat Q2 expectations, but the stock fell 11% Tuesday.
The Chinese online retailer said revenue rose 42% to $154.4 million, beating the consensus by $4.8 million. Earnings per share minus items rose 23% to 16 cents and beat views by 4 cents.
The sell-off on good news trend was also evident in Q2 reports last week from JD.com (JD), China's largest online direct seller by transaction volume, as well as Internet retailer Dangdang (DANG). JD did jump Tuesday intraday to a record high, but gave up most of those gains at the close.
Great Expectations
Tencent Holdings (TCEHY), which owns a portfolio of Internet services including online games, social networks, Web portals and e-commerce sites, reported Q2 profit growth of 59%, much better than expected. But its stock fell 4% in reaction on Aug. 14. Tencent owns stakes in Cheetah Mobile, JD.com and 58.com (WUBA), a Craigslist-like company that reports earnings on Thursday.
"It could be the adage of buy the rumor and sell on the news," said Brendan Ahern, managing director of KraneShares, a China-focused provider of exchange traded funds.
BitAuto In High Gear
BitAuto was a notable exception. The Chinese auto informa tion site on Aug. 11 spiked 10% to a new high on strong earnings and accelerating revenue growth. That was part of a 9-day, 39% advance. Shares finally fell Tuesday, but just 5 cents to 82.23.
China-based e-commerce and mobile Internet earnings have been stellar. Of the 24 out of 42 China-based Internet companies in the KraneShares ETF (KWEB) that have reported Q2 results, revenue is up 71% year over year and earnings 32%, based on a weighted average.
"Across the board we've seen the Q3 estimates raised by most of these companies," said Ahern.
Huge Growth Market
They're riding a wave of growth in the world's largest Internet market. China had some 618 million Internet users in 2013 as some 53 million logged onto the Web for the first time. But that's still less than half of China's population. Internet users there could reach 725 million by 2016, or 58% of the population, according to iResearch.
China's e-commerce market is expected to reach $630 billion in 2016 from an estimated $300 billion in 2013.
Mobile e-commerce more than doubled last year to $27 billion as mobile surfers hit 500 million, iResearch said. It's expected to account for $131 billion in 2016.
"Wealth creation in China will be a key catalyst for e-commerce growth over the next several decades," a recent Morningstar report predicted. "According to China's Ministry of Human Resources and Social Security, the average yearly wage in China grew at a compound annual rate of 13.8% from 2003 to 2013.
These trends are a big plus for Alibaba, China's No. 1 e-commerce company, covering business and consumer markets. It's expected to launch an IPO in the U.S. next month that could raise $20 billion or more, topping Visa (V) and Facebook (FB) as the largest U.S. new issue ever.
Cheetah Mobile stock sprinted 13% to a new high of 30.37 early, but gave it all back, closing down a fraction to 26.66.
Similar action was seen last week with Vipshop Holdings (VIPS). The Chinese flash sales online apparel retailer crushed Q2 earnings and sales forecasts with triple-digit gains and guided Q3 views higher. But shares fell 5% on Aug. 14, after soaring to a record high the prior session. Investors reportedly expected even more, especially on guidance.
Late Monday, beauty products site Jumei International (JMEI) also beat Q2 expectations, but the stock fell 11% Tuesday.
The Chinese online retailer said revenue rose 42% to $154.4 million, beating the consensus by $4.8 million. Earnings per share minus items rose 23% to 16 cents and beat views by 4 cents.
The sell-off on good news trend was also evident in Q2 reports last week from JD.com (JD), China's largest online direct seller by transaction volume, as well as Internet retailer Dangdang (DANG). JD did jump Tuesday intraday to a record high, but gave up most of those gains at the close.
Great Expectations
Tencent Holdings (TCEHY), which owns a portfolio of Internet services including online games, social networks, Web portals and e-commerce sites, reported Q2 profit growth of 59%, much better than expected. But its stock fell 4% in reaction on Aug. 14. Tencent owns stakes in Cheetah Mobile, JD.com and 58.com (WUBA), a Craigslist-like company that reports earnings on Thursday.
"It could be the adage of buy the rumor and sell on the news," said Brendan Ahern, managing director of KraneShares, a China-focused provider of exchange traded funds.
BitAuto In High Gear
BitAuto was a notable exception. The Chinese auto informa tion site on Aug. 11 spiked 10% to a new high on strong earnings and accelerating revenue growth. That was part of a 9-day, 39% advance. Shares finally fell Tuesday, but just 5 cents to 82.23.
China-based e-commerce and mobile Internet earnings have been stellar. Of the 24 out of 42 China-based Internet companies in the KraneShares ETF (KWEB) that have reported Q2 results, revenue is up 71% year over year and earnings 32%, based on a weighted average.
"Across the board we've seen the Q3 estimates raised by most of these companies," said Ahern.
Huge Growth Market
They're riding a wave of growth in the world's largest Internet market. China had some 618 million Internet users in 2013 as some 53 million logged onto the Web for the first time. But that's still less than half of China's population. Internet users there could reach 725 million by 2016, or 58% of the population, according to iResearch.
China's e-commerce market is expected to reach $630 billion in 2016 from an estimated $300 billion in 2013.
Mobile e-commerce more than doubled last year to $27 billion as mobile surfers hit 500 million, iResearch said. It's expected to account for $131 billion in 2016.
"Wealth creation in China will be a key catalyst for e-commerce growth over the next several decades," a recent Morningstar report predicted. "According to China's Ministry of Human Resources and Social Security, the average yearly wage in China grew at a compound annual rate of 13.8% from 2003 to 2013.
These trends are a big plus for Alibaba, China's No. 1 e-commerce company, covering business and consumer markets. It's expected to launch an IPO in the U.S. next month that could raise $20 billion or more, topping Visa (V) and Facebook (FB) as the largest U.S. new issue ever.
Sunday, August 10, 2014
Wednesday, June 4, 2014
Cheetah Mobile (CMCM) began trading on the NYSE on 8 May 2014
Cheetah Mobile Inc. operates a platform that offer mission critical applications for its users and global content distribution channels for its business partners in the People's Republic of China. The company's mission critical applications optimize Internet and mobile system performance and provide real time protection against known and unknown security threats. Its mission critical applications include Clean Master, a junk file cleaning, memory boosting, and privacy protection tool for mobile devices; Battery Doctor, a power optimization tool for mobile devices; Duba Anti-virus, an Internet security application for PC and mobile devices; Cheetah Browser, a safe Web browser for PCs and mobile devices; Photo Grid, an easy-to-use photo collage application that allows users to quickly create professional looking collages of photos through an intuitive interface for mobile devices; and Antutu Benchmark, a mobile hardware benchmarking application, which performs CPU, GPU, RAM, and I/O tests for Android devices. The company also offers various platform products for its business partners comprise Duba.com personal start page that aggregates online resources and provides users access to most of their online destinations; publishes Web, client-based, and mobile games in various genres, such as MMORPGs, first person shooters, action, adventure, sports, puzzle, and children's games; Cheetah personalized recommendation engine; and Kingsoft Mobile Assistant, a mobile application store. It serves e-commerce companies and search engines. The company was formerly known as Kingsoft Internet Software Holdings Limited and changed its name to Cheetah Mobile Inc. in March 2014. Cheetah Mobile Inc. was incorporated in 2009 and is headquartered in Beijing, the People's Republic of China. Cheetah Mobile Inc. is a subsidiary of Kingsoft Corporation Limited.
Address
12/F, Fosun International Center Tower 237 Chaoyang North Road, Chaoyang Dist.
BEIJING, BEJ 100022
China
BEIJING, BEJ 100022
China
Key stats and ratios
| Q4 (Dec '13) | 2013 | |
| Net profit margin | 9.66% | 8.27% |
| Operating margin | 18.66% | 12.30% |
| EBITD margin | - | 15.75% |
| Return on average assets | 12.23% | 10.11% |
| Return on average equity | 82.98% | 64.51% |
| Employees | 1,178 |
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