Jinshan Software (03888) released interim results, with profit attributable to mother of 1,639 billion yuan, an increase of 100.81% year-on-year

According to Zhitong Finance App News, Jinshan Software (03888) announced results for the 3 months and 6 months ended June 30, 2026. In the second quarter of 2026, the group obtained revenue of RMB 2.51 billion (same unit), an increase of 8.8% year on year; parent company owners should account for profit of 548 million yuan, an increase of 2.92% year on year; profit per share.

In the first half of 2026, the group achieved revenue of 4.927 billion yuan, an increase of 6.06% year on year; profit attributable to parent company owners was 1,639 billion yuan, an increase of 100.81% year on year; profit per share was 1.19 yuan.

In the current quarter, WPS's personal business revenue was 1,039 million yuan, an increase of 17% over the previous year. In the domestic market, as of June 2026, the cumulative number of annual paid individual users was 48.25 million, an increase of 15% over the previous year. The Group continues to improve the integration of AI capabilities with WPS Office components to further improve users' office efficiency and user experience. AI capabilities are gradually becoming an important driving force affecting individual user payment conversion and user value improvement. In overseas markets, WPS Office launched two major functions: cloud-integrated cross-device synchronization and AI embedded document assistant. Among them, the device-cloud integration enables seamless cross-device connectivity. The AI assistant integrates full-text translation, spelling correction, and intelligent retouching, supports mutual translation in over 100 languages, and accelerates the expansion of AI services among overseas users.

Revenue from the office software and services business in the first half of 2026 was $3,313 billion, an increase of 25% over the same period last year. Its key businesses are growing at varying rates. The steady growth of WPS's personal business is mainly due to the improvement of AI capabilities, further improving user experience and product value, and boosting payment conversion rates. The strong growth of the WPS 365 business is mainly due to the continuous upgrading of AI-driven products and the widespread application of AI capabilities in enterprise business scenarios. The growth of the WPS software business is mainly due to the continued release of demand from Xinchuang and the further implementation of digitalization and intelligent solutions among government and enterprise customers.

R&D costs for the first half of 2026 were 1,873 billion yuan, an increase of 11% over the previous year. This increase is mainly due to an increase in the number of employees in the office software and service business, reflecting its continued strategic investment in technology and product innovation.