November 22, 2014 8:05 PM ET

Internet Software and Services

Company Overview of SouFun Holdings Ltd.

Company Overview

SouFun Holdings Limited operates a real estate Internet portal, and a home furnishing and an improvement Website in the People’s Republic of China. The company offers marketing services on its Websites, primarily through advertisements to real estate developers in the marketing phase of new property developments, as well as to real estate agencies; and suppliers of home furnishing and improvement, and other home-related products and services. It also provides e-commerce services, including free and paid SouFun membership and online transaction platform services comprising regular updates regarding local property developments, tours to visit property developments, and other services relating ...

F9M, Building 5

Zone 4, Hanwei International Plaza

No. 186 South 4th Ring Road

Fengtai District

Beijing,  100070

China

Founded in 1999

9,175 Employees

Phone:

86 10 5631 8000

Fax:

86 10 5631 8010

Key Executives for SouFun Holdings Ltd.

SouFun Holdings Ltd. does not have any Key Executives recorded.

SouFun Holdings Ltd. Key Developments

SouFun Holdings Limited Announces Unaudited Consolidated Financial Results for the Third Quarter Ended September 30, 2014; Provides Revenue Guidance for the Year 2014

SouFun Holdings Limited announced unaudited consolidated financial results for the third quarter ended September 30, 2014. For the quarter, the company's total revenue was $190.532 million against $185.048 million a year ago. The slow growth is primarily due to the decrease in listing services and marketing services. Operating income was $70.685 million against $110.636 million a year ago. Income before income taxes and non-controlling interests was $79.934 million against $116.927 million a year ago. Net income attributable to the company's shareholders was $60.992 million or $0.68 per diluted share against $102.740 million or $1.22 per diluted share a year ago. GAAP income from operations was $70.685 million against $110.636 million a year ago. Non-GAAP income from operations was $72.163 million against $112.347 million a year ago. Non-GAAP net income attributable to the company's shareholders was $69.720 million or $0.78 per diluted share against $96.574 million or $1.15 per diluted share a year ago. Adjusted EBITDA was $78.281 million against $117.555 million a year ago. Cash flow from operating activities was $53.1 million in the third quarter of 2014, a 57.9% decrease from $126.3 million in the same period in 2013, due to less advance payments and increased account receivables. For the year 2014, the company adjusts revenue guidance from between $727.0 million and $739.0 million, or a year-over-year increase of between 14% and 16%, to between $675.0 million and $688.0 million, or a year-over-year increase of between 6% and 8%.

SouFun Holdings Ltd. Presents at Bank of America Merrill Lynch China Conference 2014, Nov-05-2014 04:00 PM

SouFun Holdings Ltd. Presents at Bank of America Merrill Lynch China Conference 2014, Nov-05-2014 04:00 PM. Venue: JW Marriott Beijing (Chaoyang), Beijing, China. Speakers: Vincent Mo, Chairman.

SouFun Holdings Ltd. Provides Earnings Guidance for the Year 2014

SouFun Holdings Ltd. provided earnings guidance for the year 2014. The expected that CORE EBIT growth of negative 10%, despite the weaker-than-expected water results, bringing revenue growth to under 5% CAPEX will be below CHF 250 million in 2014.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 31, 2014
Tospur Real Estate Consulting Co., Ltd.
Private Placement
October 7, 2014
IFM Investments Limited
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SouFun Holdings Ltd., please visit www.soufun.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.