Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
959.27M | 800.62M | 680.15M | 590.32M | 509.42M | Gross Profit |
692.05M | 538.60M | 413.61M | 410.35M | 425.98M | EBIT |
-9.70M | 0.00 | -252.55M | -225.55M | -21.27M | EBITDA |
-8.87M | 37.75M | -248.23M | -222.31M | 47.23M | Net Income Common Stockholders |
33.46M | 15.88M | -212.09M | -185.07M | 33.39M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
942.67M | 1.04B | 1.18B | 1.30B | 1.39B | Total Assets |
1.69B | 1.59B | 1.52B | 1.62B | 1.61B | Total Debt |
2.42M | 6.76M | 12.75M | 1.96M | 5.90M | Net Debt |
-931.55M | -880.09M | -1.16B | -1.19B | -1.28B | Total Liabilities |
791.39M | 715.92M | 806.46M | 700.96M | 343.92M | Stockholders Equity |
903.27M | 869.66M | 712.31M | 923.39M | 1.27B |
Cash Flow | Free Cash Flow | |||
0.00 | -43.16M | -162.45M | -99.83M | 89.43M | Operating Cash Flow |
0.00 | -42.05M | -159.12M | -90.73M | 90.52M | Investing Cash Flow |
0.00 | -65.69M | 519.93M | 364.26M | -214.76M | Financing Cash Flow |
0.00 | -7.43M | -7.18M | -27.84M | -95.41M |
Chanjet Information Technology Co., Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for May 20, 2025, in Beijing. The meeting will address several key resolutions, including the approval of the company’s financial reports for 2024, the appointment of Ernst & Young as auditors for 2025, and a mandate for the board to issue new shares. These resolutions are significant as they reflect the company’s ongoing financial management and strategic planning efforts, potentially impacting its market position and shareholder value.
Chanjet Information Technology Co., Ltd. has announced a special resolution for the H Shareholders’ Class Meeting scheduled for May 2025. The resolution seeks approval for the Board to repurchase up to 10% of the H Shares in issue, excluding treasury shares. This move is aimed at enhancing shareholder value and optimizing the company’s capital structure, with potential implications for market perception and investor confidence.
Chanjet Information Technology Co., Ltd. has announced a domestic shareholders’ class meeting scheduled for May 2025 to discuss a special resolution. The resolution seeks approval for the Board to repurchase up to 10% of the company’s H Shares, which could impact the company’s market positioning and shareholder value.
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.
Chanjet Information Technology Co., Ltd. reported a significant increase in its financial performance for the year ended December 31, 2024, with revenue rising by 20% to RMB 959,273,000 and profit attributable to owners of the parent more than doubling to RMB 33,464,000. Despite the strong financial results, the board did not recommend the distribution of any final dividend for the year. The company’s improved profitability and revenue growth highlight its strengthened market position and operational efficiency, although the decision to withhold dividends may impact shareholder sentiment.
Chanjet Information Technology Co., Ltd. has announced a board meeting scheduled for March 27, 2025, to consider and approve the audited annual results for the year ending December 31, 2024, and discuss the potential recommendation of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.