The popular video platform has released its quarterly financial and operating results – which show a stellar performance. Bilibili maintained a high growth rate in Q2 and gained over USD 1 billion in the first half of 2021, which exceeded its expectations. The company has attracted a large number of active creators and increased its user numbers through...
Nayuki turned losses into profits in the first half of 2021 and its stock price rose 10% following the opening on August 26. As of the noon break, the tea maker was priced at HKD 11.1 per share. According to the firm's mid-term performance report for 2021: - The revenue reached CNY 2.13 billion, achieving a year-on-year increase of 80.2%. - The adjusted net...
During the six months through June, 360 DigiTech's (QFIN:NASDAQ) net profit was CNY 1.548 billion, representing an increase of 76.6% year-on-year. According to the performance report for Q2 2021: - The revenue was CNY 4.002 billion (up 19.8%). - The net profit was CNY 1.548 billion (up 76.6%) and the net profit margin was 38.7%. - The net income of credit...
In Q2 2021, the company generated CNY 19.1 billion in revenue, with a year-on-year increase of 48.8%. According to Kuaishou's Q2 2021 financial announcement: - Revenue rose by 48.8%, reaching CNY 19.1 billion. - Gross profit hit CNY 8.4 billion, representing an 89% growth. - The company's operating loss recorded CNY 7.2 billion, compared with CNY 2.5 billion...
In Q2 2021, the company generated CNY 2.2 billion in revenue, with a year-on-year increase of 41.6%. According to Kingsoft Cloud's Q2 2021 financial announcement: - Revenue rose by 41.6%, reaching CNY 2.2 billion. - Gross profit hit CNY 119 million, representing a 46.8% growth. - The gross profit margin was 5.5%, compared with 5.3% in the same period of...
Xiaomi mainly benefited from its continuous expansion of the user scale in key overseas markets and the establishment of extensive and in-depth cooperation with the world's leading Internet companies. Xiaomi published its Q2 2021 financial results on August 25 2021. It is worth mentioning that the total revenue and adjusted net profit of the firm reached a record...
During the six months through June, the company generated CNY 234.9 billion in revenue, with a year-on-year increase of 27%. According to Country Garden's H1 2021 financial announcement: - Revenue rose by 27%, reaching CNY 234.9 billion. - Gross profit hit CNY 46.3 billion (up 3.1%), and the gross profit margin was 19.7%. - Net profit was about CNY 22.4...
During the six months through June, the company generated CNY 1.6 billion in revenue, with a year-on-year growth of 70.9%. According to Kingsoft Office's H1 2021 financial announcement: - Revenue rose by 70.9%, reaching CNY 1.6 billion. - Net profit hit CNY 549 million, representing a 53.5% increase. - Among the company's major businesses, its software...
In the first half of 2021, Haidilao's revenue increased by 105.9% year-on-year, and its net profit turned from loss to profit. According to the interim performance report of 2021: - The operating revenue was CNY 20.094 billion (up 105.9% year-on-year). - The net profit was CNY 96.5 million, compared with a net loss of 965 million yuan in the same period last...
During the six months through June, the company generated CNY 6.3 billion in revenue, with a year-on-year increase of 45.3%. According to iFLYTEK's H1 2021 financial announcement: - Revenue rose by 45.3%, reaching CNY 6.3 billion. - Net profit hit CNY 419 million, representing a growth of 62.1%. - In H1 2021, the revenue of software and information technology...
During the six months up to and ending in June, the company generated CNY 88.34 billion in operating revenue, up by 24.2%. According to SF Holding's financial announcement for the first half of 2021: - Operating revenue rose by 24.2%, reaching CNY 88.34 billion. - The net profit attributable to the shareholders of the listed company was CNY 760 million (drop...
The overall revenue performance is positive. According to JD's (JD:NASDAQ) financial announcement for the second quarter of 2021: - The net income rose by 26.2%, reaching CNY 253.8 billion. - The net profit attributable to ordinary shareholders was CNY 790 million, compared with CNY 16.4 billion in the same period in 2020. While under non-GAAP, it was CNY 4.6...
● The regulatory and other uncertainties in the Chinese market directly impact sectors like fintech, gaming and education. ● Winners will be companies that have benefited from the regulatory change or captured the newly emerging opportunities. ● We are bullish on Hailiang Education, WiMi Hologram Cloud, 360 DigiTech and New Frontier Health and will explain the...
The regulatory and other uncertainties in the Chinese market directly impact sectors like fintech, gaming, and education. Winners will be companies that have benefited from the regulatory change or captured the newly emerging opportunities. WiMi Hologram Cloud (WIMI:NASDAQ) WiMi Hologram Cloud is one of China's top holographic Cloud technical solution...
Analyzing four small-cap opportunities appearing amid the regulatory storm. 360 DigiTech (QFIN:NASDAQ) 360 DigiTech is a tech-empowered digital platform. By using data-driven technology, it enables financial institutions to provide better and targeted products and services to a broader consumer base. Unlike many of its peers, the company is a pure SaaS...
Analyzing four small-cap opportunities appearing amid the regulatory storm. In May 2021, a public company in China valued at CNY 3 billion was rejected by the investors for a roadshow, because it is considered a small-cap share with limited liquidity. This fired up the capital market in China and brought the topic to debate again: should we treat a company...
The cumulative revenue of the delivery firm for the first half of 2021 has reached CNY 13.798 billion, a year-on-year increase of 33.72%. - The company's revenue in Q2 2021 was recorded CNY 7.32 billion, a year-on-year increase of 14.4%. - Gross profit was CNY 1.674 billion, a year-on-year decrease of 5.4%. - Net profit was CNY 1.272 billion, down 12.5%...
In Q2 2021, the company generated CNY 29.6 billion in revenue, with a year-on-year increase of 22.8%. According to Vipshop's Q2 2021 financial announcement: - Revenue rose by 22.8%, reaching CNY 29.6 billion. - Net profit hit CNY 1.1 billion, representing a year-on-year decline of 26.7%. - As of June 30, 2021, Vipshop had cash, cash equivalents and restricted...