【Brokerage Focus】Changjiang Securities maintains a "Buy" rating for ANTA SPORTS (02020), pointing out the synergistic efforts of the brand across multiple channel store types.
Jinwu Financial News | Changjiang Securities released a research report indicating that ANTA SPORTS (02020) has announced its sales figures for Q4 2024 and the entire year. In Q4, the retail sales of ANTA/FILA brands grew by high single digits year-on-year, while other brands saw a retail sales increase of 50%-55% year-on-year. For the entire year, the sales growth for ANTA/FILA/Other brands was high single digits/medium single digits/40%-45% respectively. The firm stated that in the short term, sales performance is recovering, offline performance is returning to normal, and online events like Singles' Day Sales and Double Twelve have shown good performance. ANTA brand inventory discount control is relatively favorable, leading to championship performance.
FILA changes leadership in China.
The successor faces growth pressure.
Ping An Securities: Clothing brands may usher in a new round of market trends before the festival. Focus on two investment themes.
Based on the optional Consumer repair logic, Apparel Manufacturing and export-related companies may迎来 opportunities.
While Shareholders of ANTA Sports Products (HKG:2020) Are in the Red Over the Last Three Years, Underlying Earnings Have Actually Grown
[Hong Kong Stock Connect] Anta (02020) responds that it will no longer serve as the official partner of the China Olympic Committee from 2025 to 2028.
Jinguo Financial News | According to Jiemian News, regarding the decision not to serve as an official partner of the China Olympic Committee from 2025 to 2028, the Anta brand responded to the media by stating, "We will invest more in a wider range to support the construction of a strong sports nation, continue to provide first-class sports equipment for 25 Chinese national teams, and fully promote the lifetime security public welfare project for outstanding athletes." The Anta brand also stated that it will encourage and support more Chinese athletes at the 2026 Milan Winter Olympics and the 2028 Los Angeles Olympics.
Zhito's exclusive supply | Xiaohongshu's A-share Concept stocks have surged, and are the Hong Kong Stocks symbols being brewed?
A large number of "TikTok refugees" are flocking to Xiaohongshu, leading to a significant increase in A-shares related to Xiaohongshu Concept, where stocks such as Hangzhou Onechance Tech Corp. and Foshan Yowant Technology have continuously hit the daily limit up. In contrast, related stocks in the Hong Kong market are performing relatively flat due to a lack of Volume.
[Brokerage Focus] Guo Zheng International maintains the "Buy" rating for ANTA SPORTS (02020), expecting that the Super ANTA stores will bring growth points this year.
Jingwu Finance News | Guozheng International Research points out that ANTA SPORTS (02020)'s main brand recorded high single-digit growth year-on-year in Q4 2024, with bulk goods achieving high single-digit growth, children's products achieving low double-digit growth, and e-commerce recording nearly 20% growth, maintaining good performance under a high base, with the annual main brand achieving high single-digit growth year-on-year; FILA recorded high single-digit growth year-on-year in Q4 2024, returning to a growth track, with bulk goods/children/Fusion revenues growing high single-digit/mid single-digit/high double-digit year-on-year, and online sales growing double-digit year-on-year. For the whole year, FILA recorded mid single-digit growth year-on-year; outdoor sports watch.
Anta is seeking new blockbuster products.
Continue to seize the middle class.
【Brokerage Focus】SWHY maintains a "Buy" rating on ANTA SPORTS (02020) and indicates that its retail operation data for the fourth quarter exceeded expectations.
Jinwu Financial News | SWHY's Research Reports indicate that ANTA SPORTS (02020) released its retail operation data for the fourth quarter of 2024, exceeding expectations. Looking at the segmented brands, 1) the main brand's performance in children's products is better, and FILA continues to improve. 2) New brands maintain strong performance. By channel, online growth outperforms offline, and offline store formats continue to innovate. The report continues to indicate that the company's multi-brand matrix resources are rare, the main brand's growth is stable, FILA focuses on high-end fashion, business adjustments are efficient, returning to growth in the fourth quarter, and the new outdoor brand continues its strong momentum, maintaining a bullish outlook on the company's rare and high-quality multi-brand matrix combination in the future.
ANTA SPORTS (02020.HK) repurchased 1.269 million shares for 99.72 million Hong Kong dollars on January 10.
Gelonghui, January 10丨ANTA SPORTS (02020.HK) announced that on January 10, it spent HKD 99.72 million to repurchase 1.269 million shares.
ANTA Sports to Review 2024 Annual Results and Dividend Proposal
ANTA SPORTS (02020.HK) held a Board of Directors meeting on March 19 to approve the annual performance.
On January 10, Gelonghui announced that ANTA SPORTS (02020.HK) will hold a Board of Directors meeting on March 19, 2025 (Wednesday) to approve the full-year performance of the group for the year ending December 31, 2024, and to consider the proposal for dividend distribution.
DATE OF BOARD MEETING
【Brokerage Focus】Jianyin International pointed out that ANTA SPORTS (02020) had stable sales at the end of last year, but reduced its Target Price by 6.67%.
Jinwu Financial News | Jianyin International's Research Reports indicate that all brands under ANTA SPORTS (02020) have recorded sales growth, and sales remained stable at the end of last year. The institution expects that ANTA brand, FILA, and Other brands will achieve revenue growth of 9%, 5%, and 45% respectively in the fiscal year 2024. It also believes that stable retail discounts, disciplined operating expenses, and the higher shared profits of joint ventures will support the group's profit growth in the fiscal year 2024. The organization anticipates that this year's reforms in the ANTA brand will enhance its competitiveness amid macro uncertainty, and also expects FILA's profit growth to be good this year.
Anta Sports Shares Appear Undervalued as Sales Momentum Strengthens -- Market Talk
【Brokerage Focus】JPMorgan maintains a "Shareholding" rating on ANTA SPORTS (02020), pointing out that ANTA SPORTS has performed well across multiple brands.
Jinwu Financial News | JPMorgan's research report indicates that ANTA SPORTS (02020) shows good performance in its operation data for the fourth quarter of 2024. Among them, the ANTA main brand meets expectations, with retail sales growing at a high single-digit rate year-on-year. The online Business shows strong growth, with an increase of 10-20% in the upper range, inventory is maintained at a healthy level of about 5 months, offline discounts are basically flat, while online discounts have improved. The FILA brand exceeded expectations, with retail sales growing at a high single-digit year-on-year, recovering from a low single-digit decline in the third quarter of 2024, with stable growth across its adult, children, and Fusion product lines. Other brands continue.
[Brokerage Focus] Ping An International maintains a "Buy" rating on ANTA SPORTS (02020), indicating that it is expected to enhance brand strength through continuous store upgrades.
Jinwu Finance | Shanghai Pudong Development Bank International issued a Research Report indicating that after the market closed on January 8, ANTA SPORTS (02020) announced its Operation data for Q4 2024, with overall revenue performance exceeding market expectations. The report believes that Fila's revenue performance in Q4 2024 has significantly improved quarter-on-quarter, which is expected to relieve market concerns about Fila's slowing growth, thus stimulating a short-term rebound in stock prices. Based on a stable inventory-to-sales ratio and healthy discount levels, the report believes that the company's performance for the entire year of 2024 has been basically confirmed and is basically in line with previous forecasts. The report continues to state that although the overall demand in China's sports apparel Industry will still face pressure in 2025, ANTA
[Brokerage Focus] Ping An Securities maintains a "Strong Buy" rating for ANTA SPORTS (02020), Bullish on the company's performance in the sports outdoor footwear and apparel sector.
Jinwu Financial News | Ping An Securities released a Research Report stating that ANTA SPORTS (02020) announced its Operation for Q4 and the full year of 2024: In Q4 2024, the retail sales of the ANTA brand achieved a high single-digit positive growth year-on-year, the FILA brand achieved a high single-digit positive growth year-on-year, and all other brands (excluding brands added to the group after January 1, 2023) achieved a year-on-year growth of +50-55%. For the full year of 2024, the retail sales of the ANTA brand achieved a high single-digit positive growth year-on-year, the FILA brand achieved a mid-single-digit positive growth year-on-year, and all other brands (excluding brands added to the group after January 1, 2023).
Capital trends | Northbound funds purchased nearly 6 billion HKD worth of Tencent, while selling Meituan and ANTA SPORTS.
Track the latest dynamics of southbound capital.
Analysts Are Bullish on Top Consumer Cyclical Stocks: ANTA Sports Products (ANPDF), Costco (COST)