Core Viewpoint - 伟仕佳杰 is positioned as a leading ICT solutions platform in the Asia-Pacific region, facilitating the digital transformation of technology enterprises, with strong performance in cloud computing and the Southeast Asian market, resulting in steady revenue growth [1] Group 1: Company Performance - 伟仕佳杰 has established three core business segments covering the entire digital ecosystem: cloud computing, enterprise systems, and consumer electronics, leading to robust revenue growth [1] - The company has seen particularly strong performance in its cloud computing business and the Southeast Asian market, with profit margins improving and overall profitability surpassing industry competitors [1][2] Group 2: Market Trends - The demand for AI computing power is surging, driving growth in the IT distribution industry, with the Chinese信创 market expected to accelerate further [2] - The cloud computing market is rapidly evolving, with AI IaaS becoming a key growth engine, while the Southeast Asian economy is expanding quickly, leading to increased IT and distribution-related demand [2] Group 3: Strategic Initiatives - The company has built competitive barriers through a broad channel network and is leveraging synergies between consumer electronics and financial technology to enhance business performance [3] - The company has completed its coverage of the AI industry chain, capturing new opportunities in AI development, with the信创 segment becoming a significant growth driver due to the "domestic substitution" trend [3] Group 4: Financial Projections - Revenue projections for 2025 and 2026 are estimated at HKD 102.9 billion and HKD 116.5 billion, representing year-on-year growth of 15.5% and 13.2%, respectively, with cloud computing revenue expected to grow by 55% and 18% in the same period [3] - The forecasted net profit attributable to the parent company for 2025 and 2026 is HKD 1.286 billion and HKD 1.482 billion, reflecting year-on-year growth of 22.24% and 15.28% [3]
伟仕佳杰(0856.HK)：AI算力需求激增 东南亚出海引领二次增长