kongzhong corp-adr (KONG:NASDAQ GS)
kongzhong corp-adr (KONG) Snapshot
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Open
$6.66
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Previous Close
$6.73
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Day High
$6.69
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Day Low
$6.55
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52 Week High
07/16/12 - $8.18
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52 Week Low
12/6/12 - $4.85
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Market Cap
276.5M
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Average Volume 10 Days
132.3K
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EPS TTM
$0.59
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Shares Outstanding
42.0M
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EX-Date
--
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P/E TM
11.2x
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Dividend
--
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Dividend Yield
--
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Related News
kongzhong corp-adr (KONG) Related Businessweek News
No Related Businessweek News Foundkongzhong corp-adr (KONG) Details
KongZhong Corporation, through its subsidiaries, engages in the provision of digital entertainment services primarily in the People’s Republic of China and the Asia Pacific. It offers wireless value-added services (WVAS), including mobile games, pictures, karaoke, electronic books, mobile phone personalization features, entertainment news, chat, and message boards through various second generation standard technology platforms, including SMS, IVR, and CRBT; and various second and a half generation standard technology and operating platforms comprising WAP and MMS. The company also delivers and markets its WVAS through various media partners, such as handset manufacturers, television stations, radio stations, print media, and Internet sites. In addition, it operates a range of mobile Internet sites consisting of Kong.net, an integrated mobile portal; ct.cn, a mobile Chinese literature site; and ko.cn, a mobile games community site. Further, the company develops and publishes mobile games, which include action, role-playing, and leisure games for mobile phone users. Additionally, it develops and operates various Internet games, such as 3D MMORPGs, Loong, EMoFaZe, XiaKeXing, and ShengMoZhiXue, as well as licensed World of Tanks game. The company was formerly known as Communication Over The Air Inc. and changed its name to KongZhong Corporation in March 2004. KongZhong Corporation was founded in 2002 and is headquartered in Beijing, the People’s Republic of China.
kongzhong corp-adr (KONG) Key Developments
Kongzhong Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of $47,937,000 against $43,841,000 a year ago. Operating income was $5,616,000 against $6,093,000 a year ago. Income before tax expense was $7,019,000 against $7,895,000 a year ago. Net income was $6,805,000 against $6,858,000 a year ago. Non-GAAP net income was $8,897,000 against $8,656,000 a year ago. Non-GAAP diluted net income per ADS was $0.21 against $0.21 a year ago. Diluted earnings per ADS were $0.16 against $0.16 a year ago. Net cash provided by operating activities was $15,630,000 against $15,224,000 a year ago. Purchase of property and equipment was $935,000 against $313,000 a year ago. For the second quarter ending June 30, 2013, the company expects total revenues to be within the range of $43.5 million to $44.5 million, with business unit revenues at the mid-point expected to roughly consist of WVAS revenues of $15 million, mobile game revenues of $3.5 million and net game revenues of $25.5 million. The company expects total gross profit to be within the range of $17 million to $18 million, total operating profit to be $5.5 million to $6.5 million, net profit to be $5.5 million to $6.5 million, and non-GAAP net profit is expected to be $6.5 million to $7.5 million.
Kongzhong Corp., Q1 2013 Earnings Call, May 21, 2013
Kongzhong Corp. announced that they will report Q1, 2013 results at 5:00 PM, China Standard Time on May 21, 2013
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Industry Analysis
KONG
Industry Average
| Valuation | KONG | Industry Range |
| Price/Earnings | 8.5x |
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| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | 11.0x |
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| TEV/Sales | 0.7x |
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To contact KONGZHONG CORP-ADR, please visit www.kongzhong.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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