HOPEWELL CENTER

KE Holdings Inc. Announces a Final Cash Dividend of US$0.4 Billion in Aggregate

Retrieved on: 
Thursday, March 14, 2024
BEKE, Shop, Housing, Policy, ADS, Dividend, HKEX

The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company’s balance sheet.

Key Points: 
  • The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company’s balance sheet.
  • Dividend to be paid to the Company’s ADS holders through the depositary bank will be subject to the terms of the deposit agreement.
  • Under the Company’s current dividend policy, the Board has discretion on whether to distribute dividends, subject to certain requirements of Cayman Islands law.
  • In addition, our shareholders may by ordinary resolution declare a dividend, but no dividend may exceed the amount recommended by the Board.

KE Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results and a Final Cash Dividend

Retrieved on: 
Thursday, March 14, 2024
Tao, Research, Financial management, PIN, Growth, Environment, Trust, Shop, MAU, Policy, Acquisition, Hope, Dividend, ADS, BEKE, Commission, City, Housing, Advertising, Investment, HKEX, GTV, Share repurchase, Marketing, Video game

In the fourth quarter of 2023, net revenues were RMB20.2 billion (US$2.8 billion), an increase of 20.6% year-over-year.

Key Points: 
  • In the fourth quarter of 2023, net revenues were RMB20.2 billion (US$2.8 billion), an increase of 20.6% year-over-year.
  • In the fourth quarter of 2023, net income was RMB670 million (US$94 million), an increase of 80.2% year-over-year.
  • Mobile monthly active users (MAU)5 averaged 43.2 million in the fourth quarter of 2023, compared to 36.6 million in the same period of 2022.
  • Adjusted operating margin7 was 4.2% in the fourth quarter of 2023, compared to 8.0% in the same period of 2022.

Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase Plan

Retrieved on: 
Tuesday, March 12, 2024
PIN, Tax, Software as a service, Risk management, Growth, Environment, Partnership, Day, Risk, Shop, Internet, Policy, Acquisition, Table, ADS, ICE, ABS, Cloud computing, GAAP, Calendar, Collection, Share repurchase, Marketing, Cryptocurrency

SHANGHAI, China, March 12, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023, declared semi-annual dividend and announced a new share repurchase plan.

Key Points: 
  • Under other technology solutions, we offer financial institutions on-premise deployed, modular risk management SaaS, which helps financial institution partners improve credit assessment results.
  • Loan facilitation volume through other technology solutions was RMB 29,705 million in the fourth quarter of 2023.
  • Non-GAAP income from operations was RMB1,322.1 million (US$186.2 million), compared to RMB995.2 million in the same period of 2022.
  • Net income attributed to the Company was RMB1,111.7 million (US$156.6 million), compared to RMB872.0 million in the same period of 2022.

ZTO Reports Fourth Quarter 2023 and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 19, 2024
LTD, H.10, Queen's Road East, Shop, Policy, Transport, ADS, Table, Translation, VAT, Depreciation, GAAP, Share repurchase, Limited, Line, Security (finance)

SHANGHAI, March 19, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023[1]. The Company grew parcel volume by 5.8 billion, or 23.8% year over year and expanded market share by 0.8 percentage points to 22.9% while maintaining high quality of service and customer satisfaction. Adjusted net income[2] increased 32.3% to reach RMB9.0 billion. Net cash generated from operating activities was RMB13,361.0 million.

Key Points: 
  • Cost of accessories sold was RMB513.4 million (US$72.3 million), increased by 10.8% compared with RMB463.4 million last year.
  • Other costs were RMB3,543.3 million (US$499.1 million), a decrease of 19.7% from RMB4,411.5 million in 2022.
  • Gross Profit was RMB11,662.5 million (US$1,642.6 million), increased 29.0% from RMB9,039.3 million last year as a combined result of revenues growth and cost productivity gain.
  • ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.

NetEase Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, February 29, 2024
Cloud, Online, RMB, ADS, Internet, Music, Fantasy Westward Journey, PIN, MMO, Interest, Share repurchase, Marketing, Investment, Shop, IOS, HKEX, NetEase, Social responsibility, Lunar New Year, Justice, Queen's Road East, Advertising, GAAP, Ecosystem, Policy, Minor, Research, Video game

HANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • HANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Net revenues from Youdao were RMB1.5 billion (US$208.5 million) for the fourth quarter of 2023, compared with RMB1.5 billion each for the preceding quarter and the fourth quarter of 2022.
  • Gross profit for the fourth quarter of 2023 was RMB16.8 billion (US$2.4 billion), compared with RMB17.0 billion and RMB13.2 billion for the preceding quarter and the fourth quarter of 2022, respectively.
  • Gross profit margin for Youdao for the fourth quarter of 2023 was 49.9%, compared with 55.9% and 53.3% for the preceding quarter and the fourth quarter of 2022, respectively.

KANZHUN LIMITED Announces Third Quarter 2023 Financial Results and Declaration of a Special Cash Dividend

Retrieved on: 
Tuesday, November 14, 2023
Time in China, Treasury, Investment, Share repurchase, Dividend, PIN, ADS, Research, Stock exchange, RMB, Tehran Stock Exchange, Marketing, H.10, Annual report, GAAP, Translation, Shop, Growth, Cryptocurrency, Video game, Retail, Bank, Pharmaceutical industry, Security (finance)

BEIJING, Nov. 14, 2023 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended September 30, 2023 and declaration of a special cash dividend.

Key Points: 
  • BEIJING, Nov. 14, 2023 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended September 30, 2023 and declaration of a special cash dividend.
  • Revenues for the third quarter of 2023 were RMB1,606.6 million (US$220.2 million), an increase of 36.3% from RMB1,178.6 million for the same quarter of 2022.
  • Calculated cash billings1 for the third quarter of 2023 were RMB1,635.8 million (US$224.2 million), an increase of 32.1% from RMB1,238.2 million for the same quarter of 2022.
  • Balance of cash and cash equivalents, time deposits and short-term investments was RMB12,799.2 million (US$1,754.3 million) as of September 30, 2023.

Autohome Inc. Announces Cash Dividend and Amendment to Dividend Policy

Retrieved on: 
Tuesday, December 12, 2023
NYSE, Policy, Dividend, ADS, Queen's Road East, Shop, Holding company, Time in New York, Autohome

The aggregate amount of the Dividend will be approximately RMB1 billion.

Key Points: 
  • The aggregate amount of the Dividend will be approximately RMB1 billion.
  • In light of Autohome's strong cash balance and healthy cash flow, the Board also approved an amendment to its dividend policy, pursuant to which the Board intends to declare a cash dividend semi-annually from 2024 to 2026.
  • The total yearly cash dividend is expected to be no less than RMB1.5 billion with the exact amount to be determined by the Board based on the Company's then financial performance, cash position, and applicable foreign exchange laws and regulations in China, among other factors.
  • Mr. Craig Yan Zeng, the Chief Financial Officer of the Company, commented, "The declaration of a cash dividend and the amendment to our dividend policy reflect our robust cash position, strong cash flow and confidence in our future growth prospects.

NetEase Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Thursday, November 16, 2023
Cloud, Interest, HKEX, Research, Policy, Justice, Investment, Share repurchase, Fantasy Westward Journey, Music, PIN, NetEase, ADS, Marketing, RMB, GAAP, Internet, Queen's Road East, Shop, Growth, IOS, Pleasure, Video game, Bank, Sales, Clothing, Youdao, NetEase Cloud Music

HANGZHOU, China, Nov. 16, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • HANGZHOU, China, Nov. 16, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Gross profit for the third quarter of 2023 was RMB16,966.3 million (US$2,325.4 million), compared with RMB14,375.4 million and RMB13,743.9 million for the preceding quarter and the third quarter of 2022, respectively.
  • The effective tax rate for the third quarter of 2023 was 14.2%, compared with 8.0% and 19.3% for the preceding quarter and the third quarter of 2022, respectively.
  • NetEase paid a dividend of US$0.1050 per share (US$0.5250 per ADS) for the second quarter of 2023 in September 2023.