09669 BEISEN HOLDING
- 4.700
- -0.010-0.21%
BEISEN HOLDING News
Can Beisen Holdings (09669) maintain its position on the Hong Kong Stock Connect with expanding losses and declining market cap?
Recently, the abnormal volatility of a company's stock price in the Hong Kong stock market has attracted investors' attention. The majority of the company's stock price this year has been hovering below HKD5, with Beisen Holdings (09669) experiencing an intra-day increase of over 30% on May 31, closing up HKD6.18 and setting a new high for the period. However, on the following workday, the stock price fell back below HKD5, like a roller coaster, which was a cause of concern for many investors. In terms of news, Beisen has just announced that its performance for the 2024 fiscal year will fall below expectations, with losses expanding again. Despite being known as the first HR SaaS stock in China at the time of its listing, Beisen Holdings has
Beisen Holdings (09669.HK) will hold a board of directors meeting on June 25th to approve the annual performance.
On June 13th, Gelunhui reported that the board of directors meeting of Beisen Holdings (09669.HK) will be held on June 25th, 2024, to consider and approve the audited annual performance of the group for the year ending on March 31, 2024, and its publication, as well as to consider distributing final dividends (if any).
BEISEN HOLDING: DATE OF BOARD MEETING
Beisen Holding (09669.HK) | 2024 China TMT Conference Takeaways
Early look of FY25 - balancing growth and cash flow: Beisen expects its ARR to g
Changes in Hong Kong stocks | Beisen Holdings (09669) falls by more than 16% and is expected to lose more than 3 billion yuan in the 2024 fiscal year, the problem of increasing revenue and no increase in profit is prominent
Beisen Holdings (09669) fell more than 16%. As of press release, it was down 16.02% to HK$5.19, with a turnover of HK$13.5484 million.
Individual Investors Invested in Beisen Holding Limited (HKG:9669) up 26% Last Week, Insiders Too Were Rewarded
Key Insights The considerable ownership by individual investors in Beisen Holding indicates that they collectively have a greater say in management and business strategy A total of 6 investors have
Beisen Forecasts Loss in Fiscal Year 2024
Beisen Holding (HKG:9669) expects a loss attributable to the owners in the range of about 3.04 billion yuan to about 3.36 billion yuan for the fiscal year 2024, compared with a loss of about 2.60 bill
Beisen Holding (09669.HK) | Preliminary FY24 top line in-line with slight profit beat
Key Takeaways Preliminary revenue of Rmb837mn-879mn; ARR of Rmb747mn-767mn; HCM
Changes in Hong Kong stocks | Beisen Holdings (09669) once fell more than 4% and is expected to increase losses of more than 3 billion yuan year-on-year in fiscal year 2024
North Sen Holdings (09669) once fell by more than 4% and rose more than 14% at the beginning of the session. As of press release, it decreased by 2.54% to HK$4.6, with a turnover of HK$6.796,900.
Beisen: Increase in Fair Value Loss of Redeemable Convertible Preferred Shares Hurt Net >9669.HK
Beisen: Increase in Fair Value Loss of Redeemable Convertible Preferred Shares Hurt Net >9669.HK
Beisen Sees FY24 Loss CNY3.04B-Loss CNY3.36B >9669.HK
Beisen Sees FY24 Loss CNY3.04B-Loss CNY3.36B >9669.HK
Beisen FY Ended March Loss to Widen >9669.HK
Beisen FY Ended March Loss to Widen >9669.HK
Losses attributable to shareholders of Beisen Holdings (09669) increased year-on-year to about 3,043 billion yuan to 3.364 billion yuan
Beisen Holdings (09669) announced that the Group expects to obtain the year ended March 31, 2024 (20...
Beisen Holdings (09669.HK) expects revenue of about 837 million yuan to 889 million yuan for the 2024 fiscal year, a year-on-year increase of about 11.5% to 17.0%
Glonghui, May 29丨Beisen Holdings (09669.HK) announced that the Group is expected to record (i) revenue of approximately RMB 837 million to approximately RMB 889 million for the year ended March 31, 2024 (“FY2024"), an increase of approximately 11.5% to 17.0%; (ii) annual recurring revenue of approximately RMB 747 million to approximately RMB 767 million for the fiscal year 2024, an increase of approximately 15.0% to 18.0%; (iii) the subscription revenue retention rate for the 2024 fiscal year is expected to reach approximately RMB 837 million 105.0% to 107.0%;
BEISEN HOLDING: PROFIT WARNING
A subsidiary of Beisen Holdings subscribes to 300 million yuan of wealth management products
Beisen Holdings (09669) announced that on May 20, 2024, Beisen Cloud Computing, a wholly-owned subsidiary of the company, subscribed to a wealth management product from Xiamen International Bank for an amount of RMB 90 million. On the same day, the Beijing branch of Beisen Cloud Computing subscribed to two wealth management products from Xiamen International Bank, amounting to RMB 90 million and RMB 120 million. The total amount of the current Xiamen International Bank subscription transaction is RMB 300 million. At the time of the subscription for the current Xiamen International Bank subscription project, the subscription amount with Xiamen International Bank on December 15, 2023 was RMB 35 million
Beisen Holdings (09669.HK) subscribes to 300 million yuan wealth management products
Gelonghui, May 20, 丨 Beisen Holdings (09669.HK) announced that on May 20, 2024, Beisen Cloud Computing, a wholly-owned subsidiary of the company, subscribed to a wealth management product from Xiamen International Bank for an amount of RMB 90.0 million. On the same day, the Beijing branch of Beisen Cloud Computing subscribed to two wealth management products from Xiamen International Bank for the amount of (i) RMB 90.0 million and (ii) RMB 120.0 million. The total amount of the current subscription transaction for Xiamen International Bank is RMB 300.0 million.
[Broker Focus] Everbright Securities first gave Beisen Holdings (09669) a “buy” rating indicating that the number of the company's customers is expected to increase further
Jinwu Financial News | According to the Everbright Securities Research Report, the core competitiveness of BeiSen Holdings (09669) is: 1) Market share leadership: Since 2016, Kitsen has maintained the number one position in the Chinese HCMSaaS market for seven consecutive years. According to IDC, the market share of Kitsen in terms of revenue reached 15.3% in the first half of 2023. 2) Industry first: Kitsen is the first and only platform in the industry that provides integrated cloud applications, and is also the only supplier of cloud HCM solutions that have built a unified and open PaaS platform. This bank refers to the digital HCM market space in China
Beisen Holdings granted a total of 270,000 restricted share units under the share award program
Beisen Holdings (09669) announced that from January 27, 2024 to April 22, 2024 (including the first and last two days), the scheme trustee has purchased a total of 1,015,000 shares on the market at a total cost of approximately HK$4,565 million in accordance with the rules of the share award scheme, accounting for about 0.14% of the total number of shares issued as of April 22, 2024, with a price of HK$3.70 to HK$5.03 per share. From December 5, 2023 to April 22, 2024, the trustee of the scheme spent approximately HK$10 million on the market (including transaction costs)
North Sen Holdings (09669.HK) grants a total of 270,000 restricted share units
Glonghui, April 22, 丨 Beisen Holdings (09669.HK) announced that from January 27, 2024 to April 22, 2024, the scheme trustee has purchased a total of 1,015,400 shares on the market at a total cost of about HK$4,565,000 in accordance with the rules of the share award scheme, accounting for about 0.14% of the total number of shares issued as of April 22, 2024, with a price of HK$3.70 to HK$5.03 per share. From December 5, 2023 to April 22, 2024, the scheme trustee has sold approximately 10,000,000 on the market
Analysis
Price Target
No Data
