company background image
1588 logo

Chanjet Information Technology SEHK:1588 Stock Report

Last Price

HK$3.42

Market Cap

HK$1.1b

7D

-2.3%

1Y

-7.1%

Updated

31 Aug, 2024

Data

Company Financials +

Chanjet Information Technology Company Limited

SEHK:1588 Stock Report

Market Cap: HK$1.1b

1588 Stock Overview

Engages in the cloud service and software businesses in Mainland China.

1588 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Chanjet Information Technology Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chanjet Information Technology
Historical stock prices
Current Share PriceHK$3.42
52 Week HighHK$3.89
52 Week LowHK$2.40
Beta0.46
11 Month Change4.91%
3 Month Change-2.56%
1 Year Change-7.07%
33 Year Change-72.30%
5 Year Change-38.93%
Change since IPO-65.89%

Recent News & Updates

Recent updates

Subdued Growth No Barrier To Chanjet Information Technology Company Limited (HKG:1588) With Shares Advancing 29%

Mar 07
Subdued Growth No Barrier To Chanjet Information Technology Company Limited (HKG:1588) With Shares Advancing 29%

Chanjet Information Technology (HKG:1588) Is In A Good Position To Deliver On Growth Plans

Aug 30
Chanjet Information Technology (HKG:1588) Is In A Good Position To Deliver On Growth Plans

Here's Why We're Not Too Worried About Chanjet Information Technology's (HKG:1588) Cash Burn Situation

Dec 07
Here's Why We're Not Too Worried About Chanjet Information Technology's (HKG:1588) Cash Burn Situation

We Like These Underlying Return On Capital Trends At Chanjet Information Technology (HKG:1588)

May 16
We Like These Underlying Return On Capital Trends At Chanjet Information Technology (HKG:1588)

What Kind Of Shareholders Own Chanjet Information Technology Company Limited (HKG:1588)?

Feb 17
What Kind Of Shareholders Own Chanjet Information Technology Company Limited (HKG:1588)?

Something To Consider Before Buying Chanjet Information Technology Company Limited (HKG:1588) For The 3.6% Dividend

Jan 13
Something To Consider Before Buying Chanjet Information Technology Company Limited (HKG:1588) For The 3.6% Dividend

Introducing Chanjet Information Technology (HKG:1588), A Stock That Climbed 54% In The Last Year

Dec 18
Introducing Chanjet Information Technology (HKG:1588), A Stock That Climbed 54% In The Last Year

A Look At The Fair Value Of Chanjet Information Technology Company Limited (HKG:1588)

Nov 27
A Look At The Fair Value Of Chanjet Information Technology Company Limited (HKG:1588)

Shareholder Returns

1588HK SoftwareHK Market
7D-2.3%3.7%1.1%
1Y-7.1%-40.1%3.0%

Return vs Industry: 1588 exceeded the Hong Kong Software industry which returned -40.1% over the past year.

Return vs Market: 1588 underperformed the Hong Kong Market which returned 3% over the past year.

Price Volatility

Is 1588's price volatile compared to industry and market?
1588 volatility
1588 Average Weekly Movement4.2%
Software Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1588 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1588's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,026Yuchun Yangwww.chanjet.com

Chanjet Information Technology Company Limited engages in the cloud service and software businesses in Mainland China. It provides digital intelligent finance and taxation, and digital intelligent products that integrates the invoice, finance, tax, fee, bank, and filing applications in micro and small-scale enterprises. The company’s products portfolio includes Chanjet Good Accountant, Chanjet Easy Accounting Agent, Chanjet Good Business, and T+Cloud solutions.

Chanjet Information Technology Company Limited Fundamentals Summary

How do Chanjet Information Technology's earnings and revenue compare to its market cap?
1588 fundamental statistics
Market capHK$1.11b
Earnings (TTM)-HK$13.35m
Revenue (TTM)HK$965.57m

1.2x

P/S Ratio

-83.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1588 income statement (TTM)
RevenueCN¥877.93m
Cost of RevenueCN¥257.45m
Gross ProfitCN¥620.48m
Other ExpensesCN¥632.62m
Earnings-CN¥12.14m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.037
Gross Margin70.68%
Net Profit Margin-1.38%
Debt/Equity Ratio0%

How did 1588 perform over the long term?

See historical performance and comparison