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Chanjet Information Technology Company Limited is currently in a long term uptrend where the price is trading 2.8% above its 200 day moving average.
From a valuation standpoint, the stock is 154.1% more expensive than other stocks from the Technology sector with a price to sales ratio of 8.8.
Chanjet Information Technology Company Limited's total revenue sank by 0.4% to $203M since the same quarter in the previous year.
Its net income has increased by 3196.0% to $18M since the same quarter in the previous year.
Finally, its free cash flow grew by 99.6% to $33M since the same quarter in the previous year.
Based on the above factors, Chanjet Information Technology Company Limited gets an overall score of 3/5.
| Exchange | HK |
|---|---|
| CurrencyCode | HKD |
| ISIN | CNE100001SQ1 |
| Sector | Technology |
| Industry | Software - Application |
| Beta | 0.81 |
|---|---|
| PE Ratio | 61.36 |
| Target Price | 12.038 |
| Market Cap | 2B |
| Dividend Yield | None |
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. 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. The company was formerly known as Chanjet Software Company Limited. Chanjet Information Technology Company Limited was founded in 2005 and is headquartered in Beijing, the People's Republic of China. Chanjet Information Technology Company Limited is a subsidiary of Yonyou Network Technology Co., Ltd.
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