Kingdee International Software Group Company Limited (HKG:0268)
8.23
-0.27 (-3.18%)
Apr 28, 2026, 4:08 PM HKT
Kingdee International Software Group Company Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 11.2% in H1, driven by 22.1% cloud subscription growth and strong AI adoption, with gross margin rising to 65.6%. Management targets AI to contribute 30% of revenue by 2030 and expects operating cash flow to exceed RMB 1 billion this year.
Fiscal Year 2024
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Revenue grew 10.2% to RMB 6.256 billion, with ARR up 20% and net loss narrowing by 32.5%. Cloud and AI businesses drove growth, with strong cash flow and improved profitability. Outlook for 2025 is positive, targeting break-even and further cash flow gains.
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Revenue grew 11.9% year-over-year to RMB 2.87 billion, with ARR up 24.2% and net loss narrowing by 23.2%. Cloud services now comprise 83.2% of revenue, and management expects profitability and positive cash flow within two years.