Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
688111.SS
HOLDFLAGBeijing Kingsoft Office Software, Inc. · Technology · China · $16.3B · Avg Vol: $283M/d
Kingsoft Office is a high-quality software compounder with a near-monopoly in domestic office software, benefiting from China's localized technology mandate (Xinchuang). While it possesses excellent Terry Smith-style metrics (high ROIC, asset-light, strong pricing power), the valuation remains elevated, and it lacks direct exposure to the core physical supply chain bottlenecks of our primary themes.
COMPANY DESCRIPTION
Beijing Kingsoft Office Software, Inc. develops and sells office software suites, primarily WPS Office, and cloud-based collaboration tools. The company is the dominant domestic alternative to Microsoft Office in China, with a massive user base and deep integration into government and enterprise IT systems. It is a market leader in Chinese office productivity software, benefiting from national software localization policies and SaaS transition.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 574M | 673M | 757M | 876M | 15.1% |
| EPS | 0.36 | 0.42 | 0.53 | 0.59 | 17.9% |
| Shares | 461M | 462M | 463M | 463M | +0.4% |
| Debt | 20M | 12M | 17M | 5M | -35.2% |
| Equity | 1.3B | 1.5B | 1.7B | 1.9B | 13.8% |
| Op CF | 237M | 304M | 324M | 370M | 16.0% |
| Inv CF | 665M | -770M | -632M | -291M | — |
| Fin CF | -52M | -57M | -74M | -109M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688111.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 688111.SS | Beijing Kingsoft Office Software, Inc.(you) | $16.3B | 42 | HOLD |
| 600845.SS | Shanghai Baosight Software Co.,Ltd. | $8.5B | 46 | HOLD |
| 603160.SS | Shenzhen Goodix Technology Co., Ltd. | $4.2B | 43 | HOLD |
| 600570.SS | Hundsun Technologies Inc. | $6.8B | 31 | SELL |
| 002230.SZ | iFLYTEK CO.,LTD | $17.0B | 12 | STRONG SELL |
| 300496.SZ | Thunder Software Technology Co.,Ltd. | $4.3B | 36 | HOLD |
| 301269.SZ | Empyrean Technology Co., Ltd. | $9.2B | 21 | SELL |
| 301396.SZ | Glory View Technology Co., Ltd. | $5.6B | 30 | SELL |
| 300803.SZ | Beijing Compass Technology Development Co., Ltd. | $8.3B | 13 | STRONG SELL |
| 603927.SS | Sinosoft Co.,Ltd | $1.8B | 43 | HOLD |
Peer medians: ROE 3.8% · P/E 77.4x · Gross margin 25.9%