[Broker Focus] Dongxing Securities maintains Anta Sports (02020) “Highly Recommended” rating and is optimistic about its ability to continue to seize the market by relying on a multi-brand matrix

Jinwu Financial News | According to Dongxing Securities Research Report, Anta Sports (02020) recently released its 2023 annual report and operations for the first quarter of 2024. In 2023, it achieved operating income of 62.356 billion yuan, an increase of 16.2% over the previous year, and net profit attributable to the parent company (excluding profit and loss of the joint venture) of 10.954 billion yuan, an increase of 44.9% over the previous year. The year-end dividend payout ratio was 50.7%, providing shareholders with continuous and steady growth in returns. In the first quarter of 2024, retail sales of the Anta brand achieved positive growth in the number of units, and retail sales of the FILA brand achieved positive growth in high units, and all others

金吾財訊Apr 26 01:50 ET

Hong Kong Stock Concept Tracking | 2024 National Culture and Tourism Consumption Promotion Campaign Launched, International Agencies Are Optimistic About Consumer Profits (with Concept Stocks)

The UBS report indicates that listed consumer goods companies are performing better than overall consumption in the economy

Zhitong FinanceApr 23 22:04 ET

[Broker Focus] Tianfeng Securities maintains Anta Sports (02020) “buy” rating, indicating that it has achieved a series of joint innovation results

Jinwu Financial News | According to Tianfeng Securities Research Report, Anta Sports (02020) revealed 24Q1 retail performance. The retail sales volume of the Anta brand (online+offline, same below) increased year-on-year, the Fila brand had a high year-on-year increase in orders, and all other brands increased 25-30% year over year. Recently, Anta and Toray China Fabric Innovation Center (TSD, PTHL) have cooperated on joint in-depth research and development. In recent years, many of the world's top partners have joined Anta's global open innovation ecosystem network platform. They have achieved high performance in the direction of research and development of new materials, fabric technology development, and intelligent manufacturing technology for sneakers and clothing

金吾財訊Apr 22 02:16 ET

ANTA Sports Products (HKG:2020) Shareholders Have Earned a 9.2% CAGR Over the Last Five Years

When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying the right stocks can give your wealth a significant boost. To wit, the ANTA Sport

Simply Wall StApr 21 21:26 ET

Research and Development | CITIC Securities: Maintaining Anta's “Buy” Rating and Expecting the Sales Performance of Various Brands to Gradually Improve in the Next Quarter

According to a report published by CITIC Securities, Anta Sports released operating data for the first quarter, and the turnover of Anta/FILA/other brands increased by 25% to 30%, respectively. The sales schedule is still progressing according to the company's plan, and the current inventory/discount situation of the company's brands has returned to a healthy level. According to the bank, looking ahead to this year, the Anta brand has abundant product/marketing resources related to the Olympics and Owen, the FILA brand's retail indicators are healthy, and the strategic dividends of top brands/products/channels will continue to be released; Descente and Kolon have grasped their respective outdoor market segments to achieve high growth. Looking forward to the report

Gelonghui FinanceApr 19 04:50 ET

Komo: Maintaining the Anta Sports (02020) “Accumulation” rating target price of HK$144

Komo expects Anta Sports' sales/profit to increase by 13%/17% year-on-year in 2024, respectively.

Zhitong FinanceApr 18 21:45 ET