Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) has issued an announcement.
Chanjet Information Technology Co., Ltd. reported a significant financial turnaround in the first quarter of 2025, with an 11% increase in operating revenue and a shift from a net loss to a net profit of RMB18.61 million. This improvement is attributed to the company’s strategic focus on cloud subscriptions, which now account for 72% of total revenue, and its commitment to enhancing product competitiveness through AI technology. The company’s efforts in expanding its market presence and improving operational efficiency have bolstered its position in the industry, particularly in serving micro and small enterprises.
More about Chanjet Information Technology Co., Ltd. Class H
Chanjet Information Technology Co., Ltd. is a company based in the People’s Republic of China, focusing on digital intelligent finance and taxation, as well as digital intelligent business solutions for micro and small enterprises. The company prioritizes cloud service business and subscriptions, leveraging AI technology to enhance its product offerings and operational efficiency.
YTD Price Performance: 14.86%
Average Trading Volume: 111,354
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.04B
For an in-depth examination of 1588 stock, go to TipRanks’ Stock Analysis page.