Cheetah Mobile fourth quarter net profit of 156 million yuan up by 88%

The total income of 1.133 billion yuan (175 million US dollars), up 92.3%, growth of 12.3%. Mobile revenue was 8.04 billion ($ 124 million), an increase of 261.8%,play baby games growth of 14.4%. Mobile revenue growth was mainly driven by the growth of the company's overseas and domestic mobile advertising revenue. Mobile revenue share of total revenue was 70.9%. Overseas revenue of 616 million yuan (US $ 95.1 million), an increase of 343.1%, growth of 14.6%. Overseas revenue growth primarily by the company's overseas mobile advertising revenues rising due. The proportion of overseas revenue to total revenue was 54.4%, accounting for 76.7% of mobile revenue share. Non-GAAP quarterly operating profit of 175 million yuan ($ 27 million), an increase of 66.4%, growth of 7.3%. Non-GAAP quarterly net profit of 156 million yuan (24 million US dollars), up 88.1%, growth of 8.5%. 2015 fourth quarter operating highlights data December 2015, cheetahs move in mobile monthly active users end scale of 635 million. New this quarter, 68 million monthly active users. In December, 78.6% of mobile monthly active users from overseas markets. As of December 31, 2015, cheetah mobile products worldwide have downloaded and installed the 2.341 billion mobile devices, the new 399 million mobile devices in the quarter. 2015 full-year financial data highlights The total income of 3.684 billion yuan (569 million US dollars), an increase of 108.9%. Mobile revenue was 2.433 billion yuan (376 million US dollars), an increase of 423.2%. Mobile revenue share of total revenue was 66.0%. Overseas revenue of 1.842 billion yuan (284 million US dollars), an increase of 730.0%. The proportion of overseas revenue to total revenue was 50.0%, accounting for 75.7% of total revenue move. Non-GAAP operating profit for the full-year 522 million yuan (US $ 80.64 million), an increase of 104.1%. Non-GAAP annual net profit of 492 million yuan ($ 76 million), an increase of 104.0%. Cheetah Mobile CEO Mr. Sheng Fu, said: "By 2015, we successfully completed the company's strategic objectives, overseas users to access mobile commercialization have made very significant achievements in December 2015, we move around the world. the scale of active users has reached 635 million; of which, 79% of mobile active play baby hazel games users from overseas markets; before Google Play global non-game download charts 40, there are four models cheetah's finalists. they are: Clean Master. , CM Security, Photo Grid and CM Locker. the future, we will further expand the company's mobile business and overseas operations, the cheetah will build the world's leading mobile platforms. we will continue to use the products as a tool to obtain the user entry point. in on top of this, we will make full use of the advantages of a cheetah in large data analysis, the contents of the products into a platform of products, the level of activity to continue to improve the user cheetah. " Cheetah Mobile Chief Financial Officer Mr. Yang Jiawei said: "The mobile business, the outstanding performance of overseas business driven again this quarter revenue growth in the fourth quarter, operating income grew 92%, growth of 12% to reach 1.133 billion yuan in. mobile commercialization, in the fourth quarter, mobile revenue accounted for 71% of quarterly revenue, compared to same period last year was only 38%; overseas revenue accounted for 77% of mobile revenue, 54% of quarterly revenue growth and strong performance and efficient implementation. ability to make the company's quarterly earnings beat management's expectations. in the fourth quarter, our Non-GAAP Non-GAAP operating profit and net profit to new highs. the future, we will work to build a long-term stable and profitable business model. in expand the user to acquire, enhance user activity, increase revenue growth, improve profitability, and has taken a more balanced development strategy. " Financial analysis of the fourth quarter of 2015 Revenue 2015 fourth quarter, total revenue of 1.133 billion yuan (175 million US dollars), compared to the same period of 589 million yuan last year, an increase of 92.3%. Cheetah Mobile revenue growth is mainly dependent on the endogenous growth companies, global mobile subscribers by the company's growing, and the company in the mobile commercial, remarkable achievements especially overseas mobile commercialization due. Online advertising and related business revenue of 1.031 billion yuan (159 million US dollars), compared to 446 million yuan over the same period last year 131.2%. During the quarter, mobile advertising revenues in this sector accounted for 74% of revenue, compared to 38% last year. The revenue growth was mainly due to the cheetah growing global mobile subscribers and advertisers due to cheetah moving overseas and domestic demand for mobile advertising is growing. Internet value-added services revenue of 89.3 million yuan (13.8 million US dollars), compared to 137 million yuan last year fell 34.8%. The revenue decrease was mainly due to the company in accordance with national policy adjustment, due to stop online lottery business, as well as domestic web games industry is in a slowdown related to trends. Network security and other business income is 12 million yuan ($ 1.8 million), compared to 5.8 million yuan last year, up 106.3 percent over the same period. The revenue growth was mainly influenced by the sale of the air purifier. Minute Platform - Mobile revenue increased to 804 million yuan ($ 124 million), compared to 222 million yuan over the same period last year 261.8%. Mobile revenue growth was mainly due to the company's growing global mobile subscribers, and the company's mobile advertising services in overseas and domestic markets have been widely recognized. REGION - Overseas revenues increased to 616 million yuan (US $ 95.1 million), compared to 139 million yuan over the play Dora Games same period last year 343.1%. Overseas revenue growth was mainly due to the company's overseas mobile subscribers continues to rise, as well as overseas mobile advertising revenues due to significant growth. Costs and gross profit Cost 297 million yuan (US $ 45.8 million), compared to 141 million yuan a year earlier increase of 110.7%. Cost growth was mainly the cheetah mobile advertising platform to increase business-related traffic acquisition costs, as well as data analysis and user traffic demand growth has led IDC to increase broadband and expenditure. Gross profit was 836 million yuan ($ 129 million), compared to 448 million yuan over the same period last year 86.6%. Operating profit and expenses Total operating expenses of 759 million yuan ($ 117 million), compared to 393 million yuan over the same period grew 93.1% last year. Non-GAAP total operating expenses of 659 million yuan ($ 102 million), compared to 343 million yuan over the same period grew 91.9% last year. R & D expenses for the 208 million yuan (32.2 million US dollars), compared to 120 million yuan last year grew 73.5%. The cost increase was mainly equity-based compensation expense and R & D personnel increased. Non-GAAP R & D expenses of 160 million yuan (US $ 24.6 million), compared to the same period of 105 million yuan last year, up 51.6%. Sales and marketing expenses for the 506 million yuan (US $ 78.1 million), compared to 184 million yuan over the same period last year 174.6%. The cost increase is mainly caused by the company to promote mobile services. Non-GAAP sales and marketing expenses of 500 million yuan (US $ 77.2 million), compared to 182 million yuan a year earlier increase of 174.8%. Administrative expenses 91.9 million yuan (US $ 14.2 million), compared to the same period of 80.5 million yuan last year, an increase of 14.1%. The cost increase was primarily company by the end of activity funds, equity incentive and management fees offset the increase due to the decrease related professional services costs. Non-GAAP administrative expenses 46.2 million yuan ($ 7.1 million), compared to 47.7 million yuan last year fell 3%. The cost decrease was mainly due to the reduction of related professional services expenses. During the quarter, the company confirmed that 12.5 million yuan ($ 1.9 million) of intangible assets and goodwill impairment losses. The intangible assets and goodwill impairment losses mainly with the company in the quarter related to the lottery business. Since March 2015, the company in accordance with national policy adjustment, provisional lottery business. During the quarter, other operating income of 59.7 million yuan ($ 9.2 million). Other operating income includes government subsidies. The government subsidy in the case of R & D unrelated obtained. Operating profit of 76.6 million yuan ($ 11.8 million), compared to the same period of 54.7 million yuan last year, an increase of 40.0%. Non-GAAP operating profit was 175 million yuan ($ 27 million), compared to 105 million yuan over the same period grew 66.4% last year. During the quarter, equity incentive fee of 98.5 million yuan ($ 15.2 million), compared to a year earlier to 50.6 million yuan. Net profit attributable to shareholders of Cheetah Mobile Net profit attributable to shareholders of Cheetah Mobile 57.1 million yuan ($ 8.8 million), an increase of 77.6% over the same period of 32.2 million yuan last year. Non-GAAP net profit attributable to shareholders of cheetah moving 156 million yuan ($ 24 million), compared to the same period of 82.7 million yuan last year 88.1%. Diluted earnings per American Depositary Receipts Cheetah Mobile 2015 fourth quarter diluted earnings per ADS 0.40 yuan ($ 0.06), compared to 0.23 yuan over the same period last year 73.9%. Non-GAAP diluted earnings per ADS 1.09 yuan ($ 0.17), compared to 0.59 yuan over the same period last year 84.7%. Cash, time deposits and short-term investments As of December 31, 2015, the Company together hold cash and cash equivalents, time deposits and short-term investments of 1.995 billion yuan (308 million US dollars). It has been in the number of shares As of December 31, 2015, A Class A and Class B common stock issued by the Company of 1,424,475,911 every four American Depository Receipts equal to 10 ordinary shares. Adjusted earnings before interest, taxes, depreciation and amortization of 213 million yuan (US $ 32.9 million), an increase of 61.9% over last year. 2015 full-year financial analysis Revenue By 2015, total revenue of 3.684 billion yuan (569 million US dollars), compared to 1.764 billion yuan last year, an increase of 108.9%. Cheetah Mobile total income is mainly dependent on the endogenous growth companies, global mobile subscribers by the company's growing, and the company in the mobile commercialization, particularly remarkable results overseas mobile commercialization and drive. Online advertising and related business revenue of 3.244 billion yuan (501 million US dollars), compared to last year, 1.323 billion yuan increase of 145.3%. This year, mobile advertising revenue accounted for 69% of the segment revenue, compared to 24% last year. The revenue growth was mainly due to the cheetah growing global mobile play Barbie Games subscribers and advertisers due to cheetah moving overseas and domestic demand for mobile advertising is growing. Internet value-added services revenue of 395 million yuan (61 million US dollars), compared to 401 million yuan last year, down by 1.3%. The decrease in revenue was mainly due to the company in accordance with national adjustments due to stop online lottery business, as well as domestic web games industry is in a slowdown related to trends. Network security and other business income is 45 million yuan (6.9 million US dollars), compared to 40.3 million yuan last year, up 11.6%. The revenue growth was mainly influenced by the sale of the air purifier. Minute Platform - Mobile revenue increased to 2.433 billion yuan (376 million US dollars), compared to 465 million yuan last year grew 423.2%. Mobile revenue growth was mainly due to the company's growing global mobile subscribers, and the company's mobile advertising services in overseas and domestic markets have been widely recognized. REGION - Overseas revenues increased to 1.842 billion yuan (284 million US dollars), compared to 222 million yuan over the same period last year 730.0%. Overseas revenue growth was mainly due to the company's overseas mobile subscribers continues to rise, as well as overseas mobile advertising revenues due to significant growth. Costs and gross profit Cost 935 million yuan ($ 144 million), compared to 403 million yuan last year grew 131.8%. Cost growth was mainly cheetah mobile advertising platform related traffic acquisition costs increased user traffic growth driven by broadband and IDC expenditure increased, and an increase in the amortization of intangible assets. Gross profit was 2.749 billion yuan (424 million US dollars), compared to 1.36 billion yuan last year, an increase 102.1%. Operating profit and expenses Total operating expenses were 2.542 billion yuan (392 million US dollars), compared to 1.278 billion yuan last year, an increase of 99.0%. Non-GAAP total operating expenses of 2.229 billion yuan (344 million US dollars), compared to last year, 1.106 billion yuan increase of 101.6%. R & D expenses for the 687 million yuan ($ 106 million), compared to 437 million yuan last year, up 57.3%. The cost increase is mainly R & D personnel growth and equity incentive costs due to growth. Non-GAAP R & D expenses of 545 million yuan (US $ 84.1 million), compared to 386 million yuan last year, up 41.2%. Sales and marketing expenses 1.479 billion yuan (228 million US dollars), compared to 581 million yuan last year grew 154.8%. The cost increase is mainly caused by the company to promote mobile services. Non-GAAP sales and marketing expenses 1.461 billion yuan (226 million US dollars), compared to 573 million yuan last year grew 154.9%. Administrative expenses were 423 million yuan (US $ 65.3 million), compared to 252 million yuan last year grew 68.1%. The cost increase was mainly equity incentive costs due to growth management, and related professional services. Non-GAAP management costs 270 million yuan (US $ 41.7 million), compared to 138 million yuan last year grew 95.1%. During the year, the company confirmed that 49.9 million yuan ($ 7.7 million) in intangible assets and goodwill impairment losses. The intangible assets and goodwill impairment losses primarily related with the company's lottery business year. Since March 2015, the company in accordance with national policy adjustment, provisional lottery business. This year, other operating income of 97.5 million yuan ($ 15 million). Other operating income includes government subsidies. The government subsidy in the case of R & D unrelated obtained. Operating profit of 207 million yuan (US $ 31.9 million), compared to 82.7 million yuan last year grew 150.3%. Non-GAAP operating profit was 522 million yuan (US $ 80.6 million), compared to 256 million yuan last year grew 104.1%. During the year, equity incentive costs 315 million yuan (US $ 48.7 million), compared to last year was 1.73 billion yuan. Net profit attributable to shareholders of Cheetah Mobile Cheetah Mobile net profit attributable to shareholders of 177 million yuan (US $ 27.3 million), compared to 67.9 million yuan last year, an increase of 159.9%. Cheetah Mobile 2015 full year diluted earnings per ADS 1.24 yuan ($ 0.19), compared to same period last year 143.1% Non-GAAP net profit attributable to shareholders of cheetah moving 492 million yuan ($ 76 million), compared to 104.0% over the same period last year 241 million yuan. Non-GAAP diluted earnings per ADS 3.45 yuan ($ 0.53) increase of 91.7%. Adjusted earnings before interest, taxes, depreciation and amortization of 669 million yuan (103 million US dollars), up 99.7% over last year.