share_log

金山云(KC.US)Q4业绩超预期 小摩维持“增持” 花旗、中信里昂跟进“买入”评级

Jinshanyun (KC.US) Q4 performance exceeded expectations, Xiaomo maintained an “increase” in Citibank, and CITIC Lyon followed up the “buy” rating

Zhitong Finance ·  Mar 21 08:00

J.P. Morgan Chase released a research report to raise Jinshanyun's “gain” rating; Citigroup and CITIC Lyon also raised the company's rating to “buy.”

Recently, Jinshan Cloud (KC.US) released Q4 results. During the quarter, Jinshan Cloud continued to focus on core business development, achieving both revenue scale and profitability growth. According to financial reports, Jinshanyun's Q4 revenue was 1,722 billion yuan, up 6.0% from the previous quarter. The adjusted gross margin increased for 6 consecutive quarters, reaching 15.2% in the current quarter, surpassing 3.1 percentage points compared to the previous quarter, reaching a record high; the normalized adjusted EBITDA rate was -1.6%, a sharp decrease of 8.6 percentage points from the same period last year. The public cloud achieved quarterly revenue of 1,052 billion yuan, an increase of 3.5% over the previous quarter; the industry cloud achieved revenue of 670 million yuan during the quarter, an increase of 10.2% over the previous quarter. This fully reflects the initial results of the company's strategic adjustments.

It is worth noting that before the results were announced, J.P. Morgan Chase released a research report to raise the company's “gain” rating. The stock price surged 28.62% on the same day. After the results were announced, Citibank and CITIC Lyon also raised the company's ratings to “buy.”

According to the J.P. Morgan Chase Research Report, Jinshan Cloud's Q4 profit margin continues to improve, and the AI business is gaining momentum.

Citi said that Jinshan Cloud's Q4 performance was in line with market expectations, revenue growth resumed, and eBLTDA's profit margin increased significantly.

After the results, Jinshan Yunmei shares opened high, rising more than 20% in the intraday period, closing at 3.74 yuan, up 16.15%.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment