SouFun website Investor Relations channel will be webcast on the teleconference

Source: Internet
Author: User
Keywords Over the same period compared
Tags .net accounting accounting standards analysts based channel compared data

SouFun (Nyse:sfun) released its financial results for fiscal year 2013, with revenue of $217.2 million, up 47.2% per cent year-on-year. Net profit of 112.1 million U.S. dollars, an increase of 101%. Based on non-US general accounting standards, net profit of 126 million U.S. dollars, an increase of 93.5%.

According to Yahoo's financial data, 3 of Wall Street analysts on average expect soufun earnings to reach $1.06 per share in the quarter, according to U.S. General Accounting Standards (GAAP). Earnings per share of the SouFun quarter was $1.27 trillion, more than analysts had expected.

In addition, on average, 5 Wall Street analysts expect the SouFun quarter to reach $201.35 million trillion in the U.S. General Accounting Standards (GAAP). The earnings of the SouFun quarter were $217.2 million trillion, exceeding analysts ' expectations, the financial results showed.

According to Yahoo's financial data, 5 of Wall Street analysts on average expect SouFun to reach $3.33 per share in the 2013 fiscal year, according to U.S. General Accounting Standards (GAAP). Earnings showed that the SouFun 2013 earnings per share of 3.41 U.S. dollars, more than analysts expected.

In addition, 7 of Wall Street analysts on average expect the SouFun 2013 revenue to reach $620.78 million trillion by U.S. general Accounting Standards (GAAP). Earnings showed the soufun 2013 fiscal year revenue of 637.4 million U.S. dollars, more than analysts expected.

Summary of the quarterly results:

Revenue of 217.2 million U.S. dollars, an increase of 47.2%.

Operating profit of 126.7 million U.S. dollars, an increase of 81%. Based on non-US General Accounting Standards (NON-GAAP), operating profit was 128.5 million U.S. dollars, an increase of 75.7% per cent year-on-year.

Net profit of 112.1 million U.S. dollars, an increase of 101%. Diluted earnings per share of 1.27 U.S. dollars, an increase of 86.8%.

Based on non-US general accounting standards, net profit of 126 million U.S. dollars, an increase of 93.5%. Diluted earnings per share of 1.42 U.S. dollars, an increase of 79.7%.

Fiscal year 2013 Summary of annual results:

Revenue of 637.4 million U.S. dollars, an increase of 48.1%.

Operating profit of 350.4 million U.S. dollars, an increase of 76.4%. Based on non-US General Accounting Standards (NON-GAAP), operating profit was 357.4 million U.S. dollars, an increase of 73.7% per cent year-on-year.

Net profit of 298.6 million U.S. dollars, an increase of 96.7%. Diluted earnings per share of 3.41 U.S. dollars, an increase of 84.3%.

Based on non-US general accounting standards, net profit of 31,820 U.S. dollars, an increase of 82.7%. Diluted earnings per share of 3.63 U.S. dollars, an increase of 70.4%.

Performance analysis for the quarter:

Total revenue of 217.2 million U.S. dollars, an increase of 47.2%.

The Network Marketing Service (Marketing services), which has a revenue of $97.1 million, grew 21% from a year earlier of 80.2 million dollars.

E-commerce services revenue of 67.1 million U.S. dollars, compared with the same period of 40.1 million U.S. dollars a 67.2% increase.

House listings (Listing Services) revenue of 50 million U.S. dollars, compared with the same period of 26.1 million U.S. dollars a year ago, an increase of 91.5%.

Other value-added services, with a revenue of $3 million trillion, rose 174.5% from 1.1 million dollars a year earlier.

Revenue costs

Revenue costs are $27.8 million trillion, up 9.8% from 25.3 million dollars a year earlier.

Gross margin was 87.2%, compared with 82.8% a year earlier.

Operating expenses

Operating expenses were $63 million trillion, up 20.6% from 52.2 million dollars a year earlier.

Sales were $34.8 million trillion, up 25.2% from 27.8 million dollars a year earlier.

General and administrative expenses were $28.2 million, up 15.4% from 24.4 million dollars a year earlier.

Operating profit

Operating profit of 126.7 million U.S. dollars, compared with the same period of 70 million U.S. dollars in the growth of 81%.

Income tax expenditure

Income tax was $19.2 million trillion, up 17.8% from 16.3 million dollars in the same period last year.

Net profit

Net profit of 112.1 million U.S. dollars, an increase of 101%. Diluted earnings per share of 1.27 U.S. dollars, an increase of 86.8%.

The Adjusted EBITDA (profit before tax depreciation and amortization) was $132 million, up 76.1% from the 75 million dollar a year earlier.

Cash

As of December 31, 2013, SouFun had cash, cash equivalents and a short-term investment of USD 591.1 million, compared with $143.6 million as at December 31, 2012. The cash flow from operating activities in the quarter was $142.3 million trillion, up 54.3% from 92.2 million dollars a year earlier.

Annual performance Analysis for fiscal year 2013:

Revenue of 637.4 million U.S. dollars, an increase of 48.1%.

The Network Marketing Service (Marketing services), which has a revenue of $278.3 million, grew 11.4% from a year earlier of 249.9 million dollars.

E-commerce services revenue of 188.1 million U.S. dollars, compared with the same period of 102.2 million U.S. dollars a 84.1% increase.

House listings (Listing Services) revenue of 161.5 million U.S. dollars, compared with the same period of 72.9 million U.S. dollars a year ago, an increase of 121.7%.

Other value-added services, with a revenue of $9.4 million trillion, rose 75.4% from 5.4 million dollars a year earlier.

Revenue costs

The revenue cost was 102.5 million dollars, compared with 80.9 million dollars a year earlier, 26.7%.

Gross margin was 83.9%, compared with 81.2% a year earlier.

Operating expenses

Operating expenses were $185.3 million trillion, up 22.9% from 150.8 million dollars a year earlier.

Sales were $101.9 million trillion, up 27.3% from 80.1 million dollars a year earlier.

The general and administrative expenses were $83.4 million, compared with 17.8% for the same period of 70.8 million dollars a year earlier.

Operating profit

Operating profit of 350.4 million U.S. dollars, compared with the same period of 198.6 million U.S. dollars in the growth of 76.4%.

Income tax expenditure

Income tax was $69.8 million trillion, down 24.8% from 55.9 million dollars a year earlier.

Net profit

Net profit was $298.6 million, up 96.7% from 151.8 million dollars a year earlier. Diluted earnings per share of 3.41 U.S. dollars, compared with the same period of 1.85 U.S. dollars year-on-year growth of 84.3%.

The Adjusted EBITDA (profit before tax depreciation and amortization) was $371.1 million, up 73.8% from the 213.5 million dollar a year earlier.

Cash

The 2013 cash flow from operating activities was 408 million U.S. dollars, up 86% from 219.3 million dollars in fiscal year 2012.

Performance Outlook

The total revenue of the 2014 fiscal year is expected to reach 780 million U.S. dollars to 796 million U.S. dollars, the year-on-year growth of 22.5% to 25%.

Conference

The SouFun management team will hold a conference call on the eastern time of February 10 8 o'clock in the morning (9 o'clock Beijing time February 10). The telephone number for the conference call is as follows: United States: +1 866-519-4004; International: +65 6723-9381; Hong Kong, China: +852 800-930-346; Mainland China: +86 400-620-8038/+86 800-819-0121;

Password: sfun; conference call id:43996209. In addition, the SouFun website Investor Relations channel Http://ir.soufun.com will broadcast the conference call webcast and provide audio recordings.

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