Brief Introduction

The company has more than 30 years of R&D experience and technological accumulation in the field of office software. The major products and services are independently developed by the company, which also has independent intellectual property right for core technology. The company is a domestic leading provider of office software and service, mainly engaged in the field of design, development and sales promotion of WPS Office office software products and services. The company focuses on the in-depth research on key technologies such as text typesetting technology, spreadsheet calculation technology, animation rendering technology, online collaborative editing, secure documents, and collaborative data sharing. The company has established an internet cloud office application service system through major breakthroughs and created brand-new smart office model to improve the overall user experience.

Company Overview

Full name Beijing Kingsoft Office Software, Inc.
Abbreviations Kingsoft Office
Code 688111
Founded Dec. 20th, 2011
Listing Nov. 18th, 2019
Domicile No. 001, 5th Floor, Building 5, No. 33, Xierqi Middle Road, Haidian District, Beijing
Website www.wps.cn
Email Ir@wps.cn
STAR Theme New Generation IT
CSRC Sector Information transmission, software and IT services
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 1.90 1.09 0.86
R&D expenditure as a % of operating revenue 31.44% 37.91% 37.85%
Operating Revenue 2,260.97 1,579.52 1,129.68
Net Income 878.14 400.58 310.67

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 2,260.97 1,579.52 1,129.68
Operating Costs 278.13 227.77 150.11
Operating Income 935.37 401.65 338.02
Pretax Income 935.86 406.37 321.52
Income Tax 49.29 5.79 10.85
Net Income 878.14 400.58 310.67

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 8,088.17 6,680.56 1,490.14
Non-current Assets-Total 423.41 163.43 137.24
Total Assets 8,511.59 6,843.99 1,627.38
Liabilities
Current Liabilities-Total 1,437.81 726.71 424.23
Non-current Liabilities-Total 182.95 48.70 16.21
Total Liabilities 1,620.76 775.41 440.45
Stockholder's Equity
Share Capital 5,102.91 5,049.25 576.24
Retained Profits 1,752.10 1,019.33 610.69
Minority Interests 35.92    
Total Owners' Equity 6,890.82 6,068.58 1,186.93

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 1,514.42 585.69 418.10
Net Cash Flows-Investing -1,116.32 -4,473.63 -217.94
Net Cash Flows-Financing -141.36 4,449.06 -184.17

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
Kingsoft  WPS Corporation Limited 243.00 52.71%
天津奇文五维企业管理咨询合伙企业(有限合伙) 32.18 6.98%
Shenzhen Tencent Information Technology Co., Ltd. 20.75 4.5%
MS TMT Holding II Limited 15.74 3.41%
天津奇文四维企业管理咨询合伙企业(有限合伙) 9.93 2.15%
GGV(WPS)Limited 8.36 1.81%
天津奇文七维企业管理咨询合伙企业(有限合伙) 8.23 1.79%
Shunwei Internet(Hong Kong)Limited 4.14 0.9%
UBS AG 3.78 0.82%
招商银行股份有限公司-华夏上证科创板50成份交易型开放式指数证券投资基金 3.70 0.8%
As of 2021-03-31

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