Futu News reported on December 29 that $XUNCE (03317.HK)$ The grey market price has dropped by 33.21%, reaching HKD 32.06, with a total market capitalization exceeding HKD 10 billion. Each lot consists of 100 shares, and without considering handling fees, each lot results in a loss of HKD 1,594.
Source of market data: Futu Securities
Company Overview
Xunce is a supplier of real-time data infrastructure and analytical solutions in China. The company provides real-time IT solutions encompassing data infrastructure and data analysis for enterprises across all industries. Its system integration services facilitate seamless deployment within client-owned environments, including self-managed cloud and on-premises systems.
In 2024, the market value of China's real-time data infrastructure and analytics sector amounted to RMB 18.7 billion, accounting for 4.5% of China’s total data infrastructure and analytics market. By revenue, the company ranks fourth in this segment with a market share of 3.4%. In 2024, asset management accounted for 11.2% of China’s real-time data infrastructure and analytics market. Based on 2024 revenue, the company holds the top position in China’s asset management industry for real-time data infrastructure and analytics, with a market share of 11.6%.
Financial Overview
In terms of financial performance, Xunce achieved revenues of approximately RMB 288 million, RMB 530 million, RMB 632 million, RMB 283 million, and RMB 198 million for the fiscal years 2022, 2023, 2024, and the six-month periods ending June 30, 2024, and 2025, respectively. During the same periods, net losses were approximately RMB 96.512 million, RMB 63.391 million, RMB 97.845 million, RMB 97.759 million, and RMB 108 million, respectively.
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Editor/Hao