Company News
Kingdee International Announces FY2023 Results Kingdee Announces US$200 million Strategic Investment from Qatar Investment Authority KINGDEE INTERNATIONAL 2023 INTERIM RESULT ANNOUNCEMENT Kingdee International Releases 2022 Annual Results KINGDEE INTERNATIONAL 2022 INTERIM RESULT ANNOUNCEMENT Developing quality workforces in the world – Kingdee launches Constellation HR Cloud Kingdee Signs a Strategic Cooperation Agreement on Digitalization with Yixintang
18/03/2024
Kingdee International Announces FY2023 Results
(18 March 2024, Hong Kong) Kingdee International Software Group Co., Ltd. (“Kingdee International”, “Kingdee” or the “Company”, together with its subsidiaries collectively referred to as the “Group”; Stock Code: 268.HK) is pleased to announce the audited consolidated results of the Company for the year ended 31 December 2023 (the “Reporting Period”). During the reporting period, the Group recorded total revenue of RMB5,679 million, representing an increase of approximately 16.7% year-on-year (yoy). The Group continued to advance on the transformation of cloud subscription services, with the Cloud Servies revenue increasing by 21.3% yoy. Cloud Services accounted for 79.3% of the Group revenue. The Annual Recurring Revenue (ARR) of Kingdee Cloud subscription services reached approximately RMB2.86 billion, representing an increase of 33.1% yoy. Loss attributable to owners of the Group was approximately RMB210 million, representing a decrease of approximately 46.1% yoy. Net cash flow from operating activities of the Group was approximately RMB653 million, representing an increase of approximately 74.5% yoy.
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10/12/2023
Kingdee Announces US$200 million Strategic Investment from Qatar Investment Authority
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17/08/2023
KINGDEE INTERNATIONAL 2023 INTERIM RESULT ANNOUNCEMENT
(17 August 2023, Hong Kong) Kingdee International Software Group Co., Ltd. (“Kingdee International”, “Kingdee” or the “Company”, together with its subsidiaries collectively referred to as the “Group”; Stock Code: 0268.HK) today announced its interim results for the six months ended 30 June 2023 (the “Reporting Period”). During the Reporting Period, Kingdee continued to advance on the transformation of Cloud subscription services, revenue from cloud services increased by 21.5% year-on-year (yoy) to approximately RMB2,039 million, accounting for approximately 79.5% of Group revenue. The Annual Recurring Revenue (ARR) of Kingdee Cloud subscription services reached approximately RMB2.54 billion, an increase of 36.3% yoy. Contract liabilities related to cloud subscription services achieved growth of 34.4% yoy.
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15/03/2023
Kingdee International Releases 2022 Annual Results
During the Reporting Period, revenue from cloud services increased by 34.6% year-on-year (yoy) to approximately RMB3,714 million, accounting for approximately 76.3% of total revenue. Annual Recurring Revenue (ARR) of Kingdee Cloud subscription services reached approximately RMB2.14 billion, an increase of 36.3% yoy. Contract liabilities related to cloud subscription services achieved 38.3% yoy growth, and operating cash inflow of the Group was approximately RMB374million.
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18/08/2022
KINGDEE INTERNATIONAL 2022 INTERIM RESULT ANNOUNCEMENT
During the Reporting Period, the Group continued to focus on subscription-based cloud services, powering a high quality growth of cloud service business. During the Reporting Period, cloud service business achieved a revenue growth of 35.5% year-on-year (yoy), accounting for approximately 76.4% of the Group’s total revenue. Annual recurring revenue (ARR) of Kingdee subscription-based cloud services reached approximately RMB1.86 billion, representing a yoy increase of 46.5%, and the contract liabilities related to subscription-based cloud services expanded by 56.0% yoy.
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12/05/2022
Developing quality workforces in the world – Kingdee launches Constellation HR Cloud
From May 7-11, 2022, Kingdee Cloud Cosmic Summit, a highly concerned event in the industry, was held in Shenzhen. This Summit aims to explore how enterprises can digitally drive HR management change and develop quality workforces in the world by creating a flexible and agile organization. Meanwhile, Kingdee also officially launched its blockbuster HR SaaS product, Kingdee Cloud-Constellation HR Cloud, to the public. The Constellation HR Cloud is built on Kingdee Cloud Cosmic's assembleable enterprise-level PaaS platform with Huawei as a prototype customer. In the process of product building, Kingdee has acquired the rich scenarios and leading practices in Huawei's cooperation and co-construction projects, and combined with its own HR digitalization experience of over 20 years to create a new generation of HR Cloud products for large enterprises.
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30/12/2021
Kingdee Signs a Strategic Cooperation Agreement on Digitalization with Yixintang
On December 29, 2021, Kingdee International Software Group Company Limited (“Kingdee International”, “Kingdee” or the “Company”, collectively called the “Group” along with its affiliated companies; stock code: 0268.HK) and Yixintang Pharmaceutical Group Co., Ltd. (“Yixintang”) signed a strategic cooperation agreement on digitalization in Kunming. Ruan Hongxian, Board Chairman of Yixintang, and Xu Shaochun, Board Chairman and CEO of Kingdee, attended the signing ceremony.
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