Zoom’s revenue surged by 369% last quarter, Cheng Ge’s net worth increased by 3.9 billion, Weilai lost nearly half of last quarter after eroding 1.4 billion market | Apple Daily

Video conferencing software Zoom announced its fourth-quarter results last year after the market. Revenue surged by 369% to US$882.5 million, beating market expectations of US$811.8 million. Net profit rose from US$15.3 million a year ago to US$260.4 million; adjusted Earnings per share rose to US$1.22, beating analysts’ forecast of US$0.79.

Zoom’s annual profit was nearly 1 billion U.S. dollars, reaching 995.7 million U.S. dollars, equivalent to 2.96 U.S. dollars per share, in line with market expectations; revenue reached 2.65 billion U.S. dollars, an increase of more than 2 billion U.S. dollars over the previous year.

Zoom once rose 11% after the market, and is now quoted at US$444.72, a temporary rise of 8.56%. The group forecasts revenue for the first quarter of this year to range from US$900 million to US$905 million, and analysts forecast US$829 million. Adjusted earnings per share are expected to range from 95 to 97 US cents, and the market is expected to be 72 US cents.

Under the epidemic, the demand for video conferencing has soared. Zoom said the group is continuously strengthening its product portfolio to attract more corporate customers. In the past 12 months, there were 1,644 users who paid more than US$100,000, an annual increase of more than double; the number of corporate customers with more than 10 employees was 467,100, an increase of nearly 8%.Li Ka-shing, the founder of CKH Holdings (001), will increase his net worth by 20% in 2020 by holding Zoom stocks.Forbes Rich List Hong Kong’s richest man, He currently holds 6.6% of Zoom’s equity, and its market value has risen by US$500 million (HK$3.9 billion) to US$7.9 billion (about HK$61.62 billion), surpassing Cheung Kong (1113)’s US$7.4 billion (about 57.72 billion). Hong Kong dollars), and Li Ka-shing’s current equity in CKH Holdings is valued at US$8.8 billion.

NIO fell by nearly half after eclipsing 1.4 billion market

Weilai Automobile (U.S.: NIO) released its financial report for the fourth quarter of 2020 and the full year as of the end of last year. The total revenue of Weilai Automobile in the fourth quarter was 6.641.1 billion yuan (RMB, the same below), an increase of 133.2% year-on-year. The quarterly increase was 46.7%; the net loss was 1.388.6 billion yuan, a year-on-year decrease of 51.5%, and a quarterly increase of 32.6%; the net loss attributable to the company’s common shareholders was 1.492 billion yuan, a year-on-year decrease of 48.4%, and a quarterly increase of 25.6%.

After Weilai, it fell 4.14% to US$47.7.

Weilai said that 17,353 new vehicles will be delivered in the fourth quarter of 2020, and it is expected to deliver 20,000-20,500 new vehicles in the first quarter of 2021, an increase of approximately 421% to 434% year-on-year.

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