Core Viewpoint - The stock of Jushuitan (06687) experienced a decline of over 5% on its second day of trading, followed by a significant increase of nearly 24% the previous day, indicating volatility in market performance [1] Company Overview - Jushuitan is the largest e-commerce SaaS ERP provider in China, holding a market share of 24.4% based on projected revenues for 2024, which surpasses the combined market share of the second to fifth largest competitors [1] - The total market size for the domestic e-commerce SaaS ERP sector is projected to be RMB 3.1 billion in 2024 [1] - In the domestic e-commerce operation SaaS market, Jushuitan ranks first with a market share of 8.7% based on total SaaS revenue for 2024 [1] - According to projections, Jushuitan is the second largest e-commerce SaaS provider in the domestic market, with a market share of 7.1% based on relevant revenues for 2024 [1] Customer Contribution - The contribution of customers purchasing two or more Jushuitan products to the company's total SaaS revenue has increased over the years, accounting for 30.6% in 2022, 33.0% in 2023, 37.7% in 2024, and 39.3% for the six months ending June 30, 2025 [1] - The company's business has experienced rapid growth, with total revenue projected to reach RMB 909 million in 2024 [1] - The compound annual growth rates (CAGR) for the years 2022 to 2024 are 31.9% and 33.6%, respectively [1]
港股异动 | 电商SaaS ERP龙头聚水潭(06687)上市次日回落逾5% 昨日大涨近24%