高盛：金蝶_ 2024 年 9 月 ARR 同比增长 23% 至 33 亿元人民币；IT 支出逐步复苏以支持美元留存率
高盛证券·2024-10-27 16:26
21 October 2024 | 11:50PM HKT Kingdee (0268.HK): ARR +23% YoY to Rmb3.3bn by Sep 2024; gradual recovery in IT spending to support dollar retention rate Kingdee announced ARR (Annual Recuring Revenues) at 23% YoY to Rmb3.28bn by Sep 2024 (vs. +24% YoY to Rmb3.15bn by Jun 2024). The net add to ARR at Rmb130m, accounts for 39% of our ARR net add estimates in 2H24E, in line with the historical trend (in the past, 3Q usually tracks ~40% of 2H) and our estimate Looking ahead, we expect the company's ARR to reach ...