[Brokerage Focus] Guoyuan International: The positive progress in Sino-US economic and trade talks has a positive impact on improving market sentiment in the textile and apparel Industry and enhances visibility of future demand.
Jinwu Financial News | According to the research report released by Guoyuan International, based on the joint statement from the China-US Geneva economic and trade talks published by the Ministry of Commerce, China and the USA will suspend any new additional tariffs on each other for 90 days. This means that within 90 days, China will reduce the tariff on USA commodities to 10%, and the USA will reduce the tariff on China commodities to 30%. The bank indicates that considering the current progress of tariffs between China and the USA, especially regarding the joint statement issued by both countries on the 12th, which postpones the imposition of additional tariffs for 90 days, the tension in the textile and outfits industry exports has somewhat eased. Combined with the interview content of the US Treasury Secretary on May 6, the future expectations for the outfits industry chain have even turned optimistic.
Crystal International Group (HKG:2232) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
CRYSTAL INTL: ANNUAL REPORT 2024
Hong Kong stocks movement | Trump's reversal on tariff stance, CRYSTAL INTL (02232) rises over 15%, YUE YUEN IND (00551) rises over 8%.
Trump's reversal on tariff attitudes led to a significant rebound in apparel stocks today. As of the time of writing, CRYSTAL INTL (02232) rose by 15.54%, trading at 4.61 HKD; YUE YUEN IND (00551) increased by 8.05%, trading at 11.28 HKD.
Investors Give Crystal International Group Limited (HKG:2232) Shares A 29% Hiding
Morgan Stanley: The impact on OEMs with lower exposure to the USA is relatively small. Bullish on Shenzhou International Group Holdings Limited Unsponsored ADR (02313), STELLA HOLDINGS (01836), and YUE YUEN IND (00551).
Regarding Outfits OEM, the institution is Bullish on Shenzhou International Group Holdings Limited Unsponsored ADR (02313) due to its high profits, and its revenue exposure to the USA market is lower compared to other OEMs. Next, they are Bullish on CRYSTAL INTL (02232). As for Footwear OEM, the institution is Bullish on STELLA HOLDINGS (01836) and YUE YUEN IND (00551) in that order.
Crystal International Group Limited (HKG:2232) Released Earnings Last Week And Analysts Lifted Their Price Target To HK$6.22
CRYSTAL INTL (02232.HK) annual net profit is 0.201 billion USD, with a total annual dividend of 38.3 Hong Kong cents per share.
Gelonghui reported on March 20 that CRYSTAL INTL (02232.HK) announced that for the year ending December 31, 2024, the revenue is 2,470 million USD (2023: 2,177 million USD). The annual net profit is 201 million USD (2023: 164 million USD). A final dividend of 19.0 HK cents per share is proposed. To celebrate the group's 55th anniversary, the Board of Directors is pleased to propose a special dividend of 5.5 HK cents per share. The total dividend for this year will be 38.3 HK cents per share (2023: 18.0 HK cents).
Express News | Crystal International - Special Dividend of HK5.5 Cents per Ordinary Share
Express News | Crystal International Group FY Capex USD 160 Million
Express News | Crystal International Group FY Operating Free Cash Flow USD 106 Million
Express News | Crystal International Group FY Net Income USD 201 Million
Express News | Crystal International Group FY Revenue USD 2,470 Million Vs. IBES Estimate USD 2,456 Million
CRYSTAL INTL: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Crystal International Group Limited's (HKG:2232) Stock Is Going Strong: Is the Market Following Fundamentals?
Crystal International Group Added to Hang Seng Composite Index
CRYSTAL INTL rose more than 15% in early trading, and the company has been included in the Hong Kong Stock Connect, effective today.
CRYSTAL INTL (02232) rose by 15.20% in the morning, currently reported at 5.76 HKD, with a trading volume of 0.118 billion HKD. According to announcements from the Shanghai Stock Exchange and Shenzhen Stock Exchange, CRYSTAL INTL has been officially included in the Hong Kong Stock Connect list, effective starting today.
CRYSTAL INTL (02232.HK) has been included in the Hang Seng Composite Index constituents.
On March 10th, Gelonghui reported that CRYSTAL INTL (02232.HK) announced that it has been selected by Hang Seng Indexes Company and will be included in the Hang Seng Composite Index components, effective from March 10, 2025. The Hang Seng Composite Index is a comprehensive indicator of the Hong Kong market, covering the top 95% of total market capitalization of companies listed on the Main Board of the Hong Kong Stock Exchange, and can serve as a benchmark for index funds, mutual funds, and performance metrics. Inclusion in the Hang Seng Composite Index will make the company's shares eligible for trading through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect (channels for stock trading between investors in Hong Kong and mainland China). The Board of Directors believes that the company’s shares...
[Brokerage Focus] Zheshang maintains a "Buy" rating for CRYSTAL INTL (02232), expecting a double-digit compound annual growth rate in the company's performance over the next three years.
Jingwu Financial News | Zheshang has pointed out in its Research Reports that CRYSTAL INTL (02232), as a leading multi-category garment manufacturer, is adapting its cross-research and production capabilities to meet the needs of downstream brands, continuously expanding new customers while increasing its share among major clients, driving revenue growth beyond expectations. The bank believes: the company's performance compound annual growth rate is expected to be double digits for the next three years, while maintaining a dividend rate of around 60%. Forecast basis: 1) After expanding into sports and outdoor clothing, cross-category research and development capabilities have been further strengthened, fitting the current trend of "sports + fashion", expected to continue to expand new customers and increase market share among major clients; 2) Accelerating recruitment since 2024 to enhance production.
Crystal International Group's (HKG:2232) Three-year Earnings Growth Trails the Stellar Shareholder Returns