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Kingdee International Software Group Co Ltd Stock
Pros and Cons of Kingdee International Software Group Co Ltd in the next few years
Pros
Cons
Performance of Kingdee International Software Group Co Ltd vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Kingdee International Software Group Co Ltd | 0.530% | -10.577% | -15.146% | -38.735% | -29.224% | -65.350% | -15.455% |
| Hello Group Inc. ADR | -2.830% | 4.854% | 2.857% | -31.646% | -13.600% | -56.098% | -83.019% |
| Workiva Inc. A | 1.360% | 0.676% | -3.871% | -17.222% | -20.745% | - | - |
| Pegasystems | -0.920% | -0.901% | -9.091% | 29.108% | 22.768% | -48.980% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When examining the financials of the software and IT services company Kingdee (KGDEF), one can note several intriguing factors. Over the last three years, the company has shown significant growth in total assets examining the balance sheets from 2020 to 2022. However, at the same time, there has been a considerable increase in total liabilities, which suggests that the company has taken on substantial debt to fuel its growth.
Possibly the most fundamental strength within Kingdee's financials is its robust asset growth. The total assets in the balance sheet have grown from 10.7 billion EUR in 2020 to 11.7 billion CNY in 2022, showing substantial growth. Following a closer look, this growth seems fueled by both an upturn in current assets and an uptick in non-current assets. Increasing assets can provide beneficial support in ensuring business stability.
Another considerable positive is the company's consistent investment in research and development (R&D). Spending on R&D has increased over the years from 983 million EUR in 2020 to 1.3 billion CNY in 2022. This investment suggests that the company is committed to innovation and staying competitive in the software and IT services industry.