Recently ThMn12-type samarium iron alloys have been promising materials for permanent magnets. Due to the high abundance and low cost, Ce as a possible stabilizer can be introduced into ThMn12-type alloys. The effect of Ce doping on the magnetic moment and phase stability in Ti-lean (Ce,Sm,Zr)(Fe,Co,Ti)12 compounds were predicted by the first-principles calculations. The CexSm0.8-xZr0.2(Fe0.8Co0.2)11.5Ti0.5 (x = 0–0.8) alloys with ThMn12 structure were produced by strip-casting into flakes by a wheel speed of 1.5 m/s and annealed at 1000 °C for 24 h. The Ce0.8Zr0.2(Fe0.8Co0.2)11.5Ti0.5 annealed flake shows a high saturation magnetization value of 13.6 kGs at room temperature. With the increase of Ce substitution in the annealed flakes, the content of α-(Fe,Co,Ti) phase decreases and the saturation magnetization increases. The 1:12 phase and the 1:9 phase have an orientation relationship that can be expressed as [0 0 –1]1:12//[100]1:9 and (020)1:12//(010)1:9. Besides, annealing process promotes the formation of 1:12 phase transformed from 1:9 phase. Coercivity is expected to be improved by obtaining uniform microstructure and suppressing the formation of soft α-(Fe,Co,Ti) phase in the ThMn12-based alloys.