XunCe Stock Soars 28% to Record High on Revenue Forecast

Edgen Stock

·Mar 27 2026, 05:30

Share to

Share to

Copy link

Key Takeaways

XunCe, a data analytics firm often compared to Palantir, experienced a significant stock price increase ahead of its earnings announcement. The rally pushed the stock to a new all-time high, reflecting strong investor optimism about the company's aggressive revenue expansion, despite ongoing net losses.

Stock reached a record high: Shares in XunCe (03317.HK) climbed 28.3% on March 27th to a peak of HKD194.7.
Fueled by strong revenue guidance: The rally was driven by a prior forecast for full-year revenue to reach RMB1.283 billion, a 102.95% year-over-year increase.
Losses expected to narrow: While still unprofitable, the company projects its adjusted net loss will shrink to RMB55 million from RMB82.37 million in the previous year.

Stock Advances 28% to Record High Before Earnings

Shares of XunCe (03317.HK), a data analytics firm known as the 'Chinese Palantir,' climbed dramatically on March 27th, hitting a historical peak of HKD194.7. After opening 1.12% lower, the stock reversed course to gain as much as 28.3% before closing the session at HKD190.7, a 25.71% increase. The move was backed by heavy trading volume of 7.18 million shares, totaling HKD1.221 billion, signaling intense investor interest just hours before the company's full-year earnings announcement.

Revenue Doubles to RMB1.28B as Losses Shrink

The pre-earnings buying was fueled by the company's earlier guidance projecting a 102.95% year-over-year revenue increase to RMB1.283 billion. This top-line explosion appears to have overshadowed the firm's continued unprofitability, with XunCe forecasting a full-year loss of approximately RMB130 million for the year.

Excluding one-time items, the company expects its adjusted net loss to narrow significantly to RMB55 million from RMB82.37 million in the prior fiscal year. This improvement suggests that despite aggressive spending to fuel growth, XunCe is making progress on its path to profitability, a key metric for investors betting on its long-term potential.