HK Stock Market Move | JF SMARTINVEST (09636) rose by over 8%, expected net profit growth of up to 40% last year, AI empowers company platform construction.

JF SMARTINVEST (09636) rose by over 8%, up 8.23% to HK$31.55 as of press time, with a turnover of HK$1.14 billion. On the news front, JF SMARTINVEST recently announced a profit increase, with shareholders' attributable net profit expected to be around HK$260-280 million last year, compared to about HK$191 million in 2023, an increase of 36.1% to 46.6% year-on-year. The estimated order amount is around HK$3.509 billion, an increase of approximately HK$1.161 billion compared to the same period in 2023, and the expected revenue is around HK$2.306 billion, an increase of about HK$341 million compared to the same period in 2023. Operating cash flow is expected to increase by around HK$1.184 billion compared to the same period in 2023, an increase of about 267%. Sinolink pointed out that benefiting from the recovery of the capital market in Q4, the company's total order amount for the year 2024 was around HK$3.51 billion, an increase of 49.4% year-on-year. Assuming that the average order level for Q1-3 of 2024 is consistent with H1, the average order amount for Q4 is estimated to be around HK$700 million per month. If the daily trading volume of A-shares in 2025 remains at a high level, new orders are expected to continue to be high. Approximately HK$1.49 billion in orders has been deferred to 2025 for confirmed income, providing strong growth protection for the year. In addition, AI functionality has been upgraded to empower private domain construction. The bank believes that the monthly active users of the "Jiufang ZhiTou" app are expected to continue to increase.