1588 Stock Overview
Chanjet Information Technology Company Limited engages in the cloud service and software businesses in Mainland China.
No risks detected for 1588 from our risk checks.
Chanjet Information Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$6.90|
|52 Week High||HK$14.47|
|52 Week Low||HK$5.26|
|1 Month Change||-9.57%|
|3 Month Change||-11.54%|
|1 Year Change||-47.62%|
|3 Year Change||29.38%|
|5 Year Change||-6.76%|
|Change since IPO||-31.18%|
Recent News & Updates
|1588||HK Software||HK Market|
Return vs Industry: 1588 exceeded the Hong Kong Software industry which returned -52% over the past year.
Return vs Market: 1588 underperformed the Hong Kong Market which returned -23.3% over the past year.
|1588 Average Weekly Movement||5.6%|
|Software Industry Average Movement||8.6%|
|Market Average Movement||7.0%|
|10% most volatile stocks in HK Market||13.8%|
|10% least volatile stocks in HK Market||3.3%|
Stable Share Price: 1588 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1588's weekly volatility (6%) has been stable over the past year.
About the Company
Chanjet Information Technology Company Limited engages in the cloud service and software businesses in Mainland China. The company offers Chanjet Good Accountant, a digital intelligent finance and taxation SaaS product that integrates invoice, finance, tax, fee, bank, and filing for micro and small scale enterprises; Chanjet Easy Accounting Agent, a digital intelligent finance and taxation SaaS product for account agencies; Chanjet Reimbursement, a reimbursement SaaS product; Chanjet Good Business, a marketing-based purchase-sale-stock SaaS product for micro-commerce and retail enterprises; T+Cloud, an integrated SaaS product for small enterprises in industry; and Chanjet Intelligent+, a SaaS product for small enterprises in commerce, retail and service industries. It is also involved in the technical development, consulting, transfer, service, and training of computer software, hardware, and external devices; sale of typing paper, computer consumables, computer software, and hardware and external devices; provision of database and internet information services; agency bookkeeping; and design, manufacturing, agency, and publication of advertisements.
Chanjet Information Technology Fundamentals Summary
|1588 fundamental statistics|
Is 1588 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1588 income statement (TTM)|
|Cost of Revenue||CN¥179.97m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.57|
|Net Profit Margin||-31.56%|
How did 1588 perform over the long term?See historical performance and comparison
Is 1588 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1588?
Other financial metrics that can be useful for relative valuation.
|What is 1588's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 1588's PS Ratio compare to its peers?
|1588 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: 1588 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (1x).
Price to Earnings Ratio vs Industry
How does 1588's PE Ratio compare vs other companies in the Hong Kong Software Industry?
Price-To-Sales vs Industry: 1588 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the Hong Kong Software industry average (1.3x)
Price to Sales Ratio vs Fair Ratio
What is 1588's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||3.2x|
|Fair PS Ratio||3.4x|
Price-To-Sales vs Fair Ratio: 1588 is good value based on its Price-To-Sales Ratio (3.2x) compared to the estimated Fair Price-To-Sales Ratio (3.4x).
Share Price vs Fair Value
What is the Fair Price of 1588 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1588 (HK$6.9) is trading below our estimate of fair value (HK$26.2)
Significantly Below Fair Value: 1588 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1588's PEG Ratio to determine if it is good value.
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How is Chanjet Information Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1588 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: 1588 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: 1588 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: 1588's revenue (22.3% per year) is forecast to grow faster than the Hong Kong market (10.2% per year).
High Growth Revenue: 1588's revenue (22.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1588's Return on Equity is forecast to be high in 3 years time
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How has Chanjet Information Technology performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1588 is currently unprofitable.
Growing Profit Margin: 1588 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1588 is unprofitable, and losses have increased over the past 5 years at a rate of 30% per year.
Accelerating Growth: Unable to compare 1588's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1588 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-13.9%).
Return on Equity
High ROE: 1588 has a negative Return on Equity (-20.04%), as it is currently unprofitable.
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How is Chanjet Information Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1588's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥563.8M).
Long Term Liabilities: 1588's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥137.2M).
Debt to Equity History and Analysis
Debt Level: 1588 is debt free.
Reducing Debt: 1588 has not had any debt for past 5 years.
Debt Coverage: 1588 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1588 has no debt, therefore coverage of interest payments is not a concern.
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What is Chanjet Information Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1588's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1588's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1588's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1588's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 1588 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 1588 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yuchun Yang (47 yo)
Mr. Yuchun Yang has been the Chief Executive Officer and President of Chanjet Information Technology Company Limited since January 9, 2017. Mr. Yang has been Executive Director of Chanjet Information Techn...
CEO Compensation Analysis
Compensation vs Market: Yuchun's total compensation ($USD1.48M) is above average for companies of similar size in the Hong Kong market ($USD305.47K).
Compensation vs Earnings: Yuchun's compensation has increased whilst the company is unprofitable.
Experienced Management: 1588's management team is considered experienced (4.2 years average tenure).
Experienced Board: 1588's board of directors are considered experienced (8.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chanjet Information Technology Company Limited's employee growth, exchange listings and data sources
- Name: Chanjet Information Technology Company Limited
- Ticker: 1588
- Exchange: SEHK
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Implied Market Cap: HK$2.248b
- Shares outstanding: 325.77m
- Website: https://www.chanjet.com
Number of Employees
- Chanjet Information Technology Company Limited
- Building 3
- Floor 3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/25 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.