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Cancel Report Viewer Configuration Error The Report Viewer Web Control HTTP Handler has not been registered in the application's web.config file. Add <add verb="*" path="Reserved.ReportViewerWebControl.axd" type = "Microsoft.Reporting.WebForms.HttpHandler, Microsoft.ReportViewer.WebForms, Version=11.0.0.0, Culture=neutral, PublicKeyToken=89845dcd8080cc91" /> to the system.web/httpHandlers section of the web.config file, or add <add name="ReportViewerWebControlHandler" preCondition="integratedMode" verb="*" path="Reserved.ReportViewerWebControl.axd" type="Microsoft.Reporting.WebForms.HttpHandler, Microsoft.ReportViewer.WebForms, Version=11.0.0.0, Culture=neutral, PublicKeyToken=89845dcd8080cc91" /> to the system.webServer/handlers section for Internet Information Services 7 or later. Loading... Cancel + 财务摘要 点击图标下载Excel版本 Report Viewer Configuration Error The Report Viewer Web Control HTTP Handler has not been registered in the application's web.config file. Add <add verb="*" path="Reserved.ReportViewerWebControl.axd" type = "Microsoft.Reporting.WebForms.HttpHandler, Microsoft.ReportViewer.WebForms, Version=11.0.0.0, Culture=neutral, PublicKeyToken=89845dcd8080cc91" /> to the system.web/httpHandlers section of the web.config file, or add <add name="ReportViewerWebControlHandler" preCondition="integratedMode" verb="*" path="Reserved.ReportViewerWebControl.axd" type="Microsoft.Reporting.WebForms.HttpHandler, Microsoft.ReportViewer.WebForms, Version=11.0.0.0, Culture=neutral, PublicKeyToken=89845dcd8080cc91" /> to the system.webServer/handlers section for Internet Information Services 7 or later. Loading... Cancel   年度截止12月31日 (百万人民币) 2015A 2016A 2017A 2018E 2019E 2020E 营业额 5,676 3,834 5,181 5,664 7,984 11,138 经营盈利 542 925 814 11 391 546 实际盈利 593 710 1,036 187 590 999 每股实际盈利 (人民币) 0.46 0.55 0.76 0.13 0.39 0.62 每股实际盈利增长 (%) 3.1 19.4 37.8 (82.9) 196.8 61.3 市盈率 (x) 72.1 60.4 43.8 255.9 86.2 53.5 市净率 (x) 5.5 5.5 3.8 3.9 4.1 4.1 股息率 (%) 0.3 0.3 0.3 0.1 0.2 0.3 净债务与股本 (%) (110.6) (117.4) (65.7) (60.9) (59.0) (57.7) 净资产收益率 (%) 9.6 9.1 10.4 1.5 4.8 7.9   - 损益表 点击图标下载Excel版本   - 资产负债表 点击图标下载Excel版本   - 财务比率 点击图标下载Excel版本   - 杜邦分析 点击图标下载Excel版本   - 现金流 点击图标下载Excel版本   股票数据   一天 一周 一个月 三个月 六个月 一年 从月初 从年初 绝对回报 (%) (3.57) (5.62) (12.50) 10.53 36.46 109.07 0 87.13 绝对回报 (美元, %) (3.57) (5.62) (12.50) 10.53 N.A. 111.51 N.A. 88.13 相对于 HSI 回报 (%) (1.75) (1.39) (3.73) 16.46 N.A. 120.37 7.41 104.44   最新五个研究报告 下面包含5个最新的研究报告，请到研究报告存库页面检索所有相关文件。   金山软件 (3888 HK) 估值或已触底 - 9月 18, 2018 (7 页)   金山软件上半年业绩受网络游戏业务拖累，其公布核心盈利同比下降36.5%至人民币3.45亿元。然而，我们认为金山软件盈利能在19财年有反弹的可能。同时，受制于人民币贬值和推出游戏延期，我们的新分部总和衍生目标价从34.0港元下跌至23.0港元。我们认为最近的价格调整已反映其下行风险。基于目标价见上涨空间达74%，我们维持买 Kingsoft 3888HK Healthy 2018 Outlook - 4月 13, 2018 (7 页)   On 21 Mar, Kingsoft Corp (Kingsoft) announced FY17 net profit at RMB3.2bn, while core profit of RMB1,036m (+48% yoy) exceeded our estimate by 9%. Post analyst briefing, we are upbeat on 2018 outlook and tweak FY18F-19F core earnings growth to 35%/41% yoy (from 32%/40%) on (1) New self-developed titles to be released by 2H18 and (2) Cloud business and office software continuing to shine with wider margin. Keep BUY with higher SOTP-TP of HKD34.00 on cloud business higher valuation (+36.0% Upside). Kingsoft (3888 HK) Positive profit alert as expected - 1月 31, 2018 (7 页)   After the market closed on 24 Jan 2017, Kingsoft Corp (Kingsoft) issued a positive profit alert. This is because of the company to book an one-time gain of about RMB2.0bn for the year ended 31 December 2017, as a result of the disposal of Cheetah Mobile’s (CMCM US, NR) (CM) voting right Kingsoft 3888HK Growth engine switching gear - 12月 4, 2017 (6 页)   After market close on Nov 21, Kingsoft reported its 3Q17 profit attributable to owner at RMB238m, jumped +68%yoy. Post analysts’ conference call, we see its (1) 2017 reported profit to be boosted by RMB2bn disposal gain from Cheetah voting right; and (2) 2018 sales to achieve stable growth on stream of game pipelines. Keep BUY with higher SOTP-derived TP at HKD26.50 on higher target multiples. Kingsoft Corp (3888 HK) Multiple Engines in Growth Mode - 10月 24, 2017 (6 页)   This report marks the transfer of coverage to Raymond Lam. Kingsoft’s 1H17 net profit already turned around to RMB544m from 1H16 net loss on robust online game and office software sales. Fuelled by fast-paced mobile games pipeline, we project the company’s EPS CAGR to grow at 30% (FY16-19F). Our SOTP-TP at HKD24.5 (22% upside) reflects 23.8x FY18F P/E, +0.5SD above past 5-year forward P/E mean, below mobile internet peer’s median at 29.0x. CopyRight © 2009-2015 国信证券（香港）经纪有限公司版权所有