Core Viewpoint - Beisen Holdings (09669.HK) has reported strong mid-term performance for the period ending September 30, 2025, with significant growth in revenue and annual recurring revenue (ARR), marking a turnaround in adjusted net profit for the first time [1][2] Financial Performance - The company expects to achieve revenue between RMB 503.1 million and RMB 526.3 million, representing a year-on-year growth of approximately 15.2% to 20.5% [1] - ARR is projected to be between RMB 946.7 million and RMB 975.4 million, with a year-on-year increase of about 20.8% to 24.4% [1] - Subscription revenue retention rate is anticipated to remain high at 104% to 106%, providing a solid foundation for long-term revenue growth [1] - Adjusted net profit is expected to be between RMB 13.8 million and RMB 23.6 million, a significant improvement from a net loss of RMB 34.2 million in the same period last year [1] Market Position and Outlook - Beisen Holdings is recognized as a leading integrated HCM SaaS provider in China, having maintained the highest market share for nine consecutive years [3] - The company has developed a unified open PaaS platform, iTalentX, which covers the entire employee lifecycle from recruitment to departure [3] - The ongoing commercialization of AI applications in human resources is expected to further enhance the company's market position and drive sustainable growth [3] - The shift towards digital transformation and the necessity of human resource management information systems are creating new growth opportunities for the HCM SaaS market [2]
北森控股预告中期收入增超15% 经调整净利首次扭亏