Inspur Digital Enterprise (00596) rose more than 11% in the intraday period. As of press release, it rose 7.37% to HK$3.35, with a turnover of HK$33.23,800.
The Zhitong Finance App learned that Inspur Digital Enterprise (00596) rose more than 11% in the intraday period. As of press release, it had risen 7.37% to HK$3.35, with a turnover of HK$33.23,800.
According to the news, Inspur Digital announced its annual results for the year ended 2023, with turnover of RMB 8.294 billion, up 19.1% year on year; gross profit of RMB 1,918 million, up 33.1% year on year; recorded net profit of RMB 202 million, up 69.9% year on year, and proposed a final dividend of HK$0.03 per share, or HK$0.02 per share for the same period last year. According to the announcement, the sharp increase in net profit was mainly due to the sharp increase in operating profit of the management software business segment compared to the same period last year.
Guojin Securities previously pointed out that in recent years, the trend of credit innovation in central China's central enterprises has been evident, and we expect the proportion of localization of management systems to continue to increase. Inspur Digital Enterprise is the top 3 domestic ERP circuit, an undervalued flexible target in the context of domestic substitution, and has a deep state-owned background and the endorsement of Inspur Group. Open Source Securities also pointed out that considering that the company relies on the shareholder background of the Shandong Provincial State-owned Assets Administration Commission and Inspur Group's resource advantages, it is expected that the smooth progress of cloud transformation will release profits in the future.