Chanjet Flags Triple-Digit Profit Surge on Expanding Cloud Subscription Business

Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) has shared an announcement.

Chanjet Information Technology Company Limited has issued a positive profit alert, indicating that for the year ended 31 December 2025 it expects to report profit attributable to owners of the parent of between RMB76 million and RMB85 million, up 127% to 154% from RMB33.46 million a year earlier. Revenue is projected to rise about 14%, with cloud subscription revenue increasing around 16% and accounting for at least 69% of total revenue, supported by a 30% year-on-year increase in new paying enterprise cloud users to 186,000 and an accumulated cloud user base of 961,000. Management attributes the strong earnings improvement to its strategic focus on cloud services and subscription business, combined with more efficient operations that have reduced research and development, selling and distribution, and administrative expenses as a proportion of revenue, signalling stronger margins and an improving growth profile, while cautioning that the figures are based on unaudited management accounts.

The most recent analyst rating on (HK:1588) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Chanjet Information Technology Co., Ltd. Class H stock, see the HK:1588 Stock Forecast page.

More about Chanjet Information Technology Co., Ltd. Class H

Chanjet Information Technology Company Limited is a PRC-incorporated provider of cloud-based services for enterprise users, focusing on subscription-driven cloud solutions. The company is listed in Hong Kong and has been prioritising the expansion of its cloud service business to drive recurring revenue growth and improve profitability, with a growing base of paying enterprise clients.

Average Trading Volume: 84,124

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.51B

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