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688111.SS

HOLDFLAG

Beijing Kingsoft Office Software, Inc. · Technology · China · $16.3B · Avg Vol: $283M/d

42
StockRank
Q
76
V
28
M
29
P/E (TTM)
27.9x
ROE
26.9%
D/E
0.0x
Dividend %
0.6%
AI CONVICTION THESIS

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)

Year2022202320242025CAGR
Revenue574M673M757M876M15.1%
EPS0.360.420.530.5917.9%
Shares461M462M463M463M+0.4%
Debt20M12M17M5M-35.2%
Equity1.3B1.5B1.7B1.9B13.8%
Op CF237M304M324M370M16.0%
Inv CF665M-770M-632M-291M
Fin CF-52M-57M-74M-109M
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PRICE (1M)-19.3%
30.9533.2935.6437.9940.33May 8May 29Jun 18
SMA 50SMA 200
Close
$32.34
RSI (14)
39.8
52W High
$61.33
From 52W High
0.5%

SCORE BREAKDOWN

Quality
76
ROIC
13.8%73.8
ROE
26.9%89.6
GP/Assets
29.7%68.6
Op. Margin
27.7%90.8
FCF/Assets
5.0%62.1
Piotroski
44.5
Int. Cover
50.0x87.7
D/E Ratio
0.00x96.4
Current Ratio
3.23x74.6
Value
28
P/E (TTM)
27.9x57.8
EV/EBITDA
55.7x16.2
P/FCF
832.6x17.7
P/B
6.7x24.2
P/S
16.2x12.2
Div Yield
0.6%32.6
Momentum
29
52W High %
53%17.6
RS 6M
-38%30.7
SMA 50/200
0.83x12.8
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
-27%7.2
Q Growth
445%93.9

FUNDAMENTALS

Market Cap
$16.3B
P/E (Forward)
38.4x
Gross Margin
86.1%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 688111.SS are excluded.

TickerCompanyMkt CapStockRankSignal
688111.SSBeijing Kingsoft Office Software, Inc.(you)$16.3B42HOLD
600845.SSShanghai Baosight Software Co.,Ltd.$8.5B46HOLD
603160.SSShenzhen Goodix Technology Co., Ltd.$4.2B43HOLD
600570.SSHundsun Technologies Inc.$6.8B31SELL
002230.SZiFLYTEK CO.,LTD$17.0B12STRONG SELL
300496.SZThunder Software Technology Co.,Ltd.$4.3B36HOLD
301269.SZEmpyrean Technology Co., Ltd.$9.2B21SELL
301396.SZGlory View Technology Co., Ltd.$5.6B30SELL
300803.SZBeijing Compass Technology Development Co., Ltd.$8.3B13STRONG SELL
603927.SSSinosoft Co.,Ltd$1.8B43HOLD

Peer medians: ROE 3.8% · P/E 77.4x · Gross margin 25.9%

Beijing Kingsoft Office Software, Inc. (688111.SS) — Stock Score Summary

Beijing Kingsoft Office Software, Inc. (688111.SS) has a MoatMap StockRank of 42/100 based on Quality (76/100), Value (28/100), and Momentum (29/100) factor scores. The current signal is HOLD. 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.

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.

Key Financial Metrics

Price$32.34
Market Cap$16.3B
P/E (TTM)27.95
P/E (Forward)38.37
Price/Book6.67
Return on Equity26.9%
Return on Invested Capital13.8%
Debt/Equity0.24
Gross Margin86.1%
Operating Margin27.7%
Revenue Growth24.0%
Dividend Yield0.6%
Free Cash Flow$20M

Beijing Kingsoft Office Software, Inc. operates in the Software - Application industry, part of the Technology sector (China).

Frequently Asked Questions

What is Beijing Kingsoft Office Software, Inc.’s (688111.SS) StockRank?
MoatMap’s StockRank for Beijing Kingsoft Office Software, Inc. (688111.SS) is 42/100, with a Hold signal. It is a composite of Quality (76), Value (28), and Momentum (29) factor ranks across MoatMap’s 20,000+ stock universe.
Does Beijing Kingsoft Office Software, Inc. have an economic moat?
Beijing Kingsoft Office Software, Inc. (688111.SS) has a Quality factor score of 76/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Beijing Kingsoft Office Software, Inc. a buy, hold, or sell?
MoatMap’s current signal for Beijing Kingsoft Office Software, Inc. (688111.SS) is Hold, based on a StockRank of 42/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Beijing Kingsoft Office Software, Inc. in?
Beijing Kingsoft Office Software, Inc. (688111.SS) operates in the Technology sector, specifically the Software - Application industry (China).