02020 ANTA SPORTS
- 76.150
- +4.350+6.06%
ANTA SPORTS News
HK stocks fluctuate | Sporting goods stocks continue to rise, with Li Ning (02331) up more than 7%. The "Olympic effect" is expected to catalyze sports shoe and apparel consumption.
Zhittong Finance App learned that sporting goods stocks continue to strengthen. As of publication, Li Ning (02331) rose 6.75% to HKD 16.12; Anta Sports (02020) rose 6.06% to HKD 76.15; Xtep Int'l (01368) rose 4.2% to HKD 5.21; Topsports (06110) rose 2.58% to HKD 3.98. Yongxing Securities pointed out that with the approaching Olympics, there is hope for an increase in sports footwear and apparel consumption. With the Paris Olympics set to begin on July 26, major fashion and sports brands are starting to generate buzz. The firm believes that as a globally renowned competition...
Maintain buy rating for Anta Sports with a target price of HKD115 at ANXIN International.
ANZHENG International released a research report maintaining a "buy" rating on ANTA Sports (02020), forecasting EPS for 2024-2026 to be 4.26/4.88/5.46 yuan with a target price of 115 Hong Kong dollars. As a leading Chinese sports industry enterprise, the company should be able to enjoy the dividends brought by the sector's development. ANTA's main brand achieved high double-digit growth YoY in 2Q24, and both bulk sales and children's apparel achieved high and medium double-digit growth respectively, with a further boost on a MoM basis. The offline sales saw a medium double-digit growth YoY, whereas the e-commerce increased by 20-25%. In 1H24, ANTA's main brand achieved medium double-digit growth YoY (close to high double-digit growth).
Sporting goods stocks rise. Li Ning (02331) is up 6.23%. Citic Securities expects top shoe and clothing suppliers to continue to benefit.
Jingu financial news | Sporting goods stocks rose across the board. As of the time of publication, Li Ning (02331) rose 6.23%, China Dongxiang (03818) rose 4.84%, Anta Sports (02020) rose 4.67%, and Xtep International (01368) and 361 Degrees (01361) followed the upward trend. Citic Securities' research report stated that as the supply chain gradually recovers, inventory issues among major sports brands are gradually being resolved. The competitive factors of the sports shoes and clothing industry have undergone important changes, and each brand is focusing on sports technology research and development to meet the differentiated needs of consumers. In recent years, major sports brands have successively focused on their own unique technology research and development, and currently, sports technology
Maintaining a buy rating for Anta Sports (02020) with a target price of HKD 115, according to ANZ International.
CICC predicts that the EPS of ANTA Sports (02020) in 2024-2026 will be 4.26/4.88/5.46 yuan.
Hong Kong Stock Market Changes | Anta Sports (02020) rose more than 3%, second-quarter operational performance outstanding. It is reported that Fila's sub-brand opened new stores in Hong Kong.
ANTA Sports (02020) rose more than 3%, as of press time, up 3.48%, at HKD 74.25, with a turnover of 0.102 billion HKD.
Everbright Securities: Maintains "buy" rating for Anta Sports (02020), expecting multi-brands to continue high-quality growth.
Guangda Securities released a research report stating that they maintain a "buy" rating for Anta Sports (02020) and continue to be bullish on the company as a leader in the sports industry with multiple brands and points of focus. With the upcoming Paris Olympics, the company's brand influence is expected to continue to expand. Additionally, the company continues to control expenses well in terms of rent, Paris Olympic marketing costs, and other expenses, and is expected to continue to achieve high-quality growth. The company's profit forecast for 2024-2026 remains unchanged with corresponding EPS of RMB 4.59, 4.89, and 5.57. The main points of view of Everbright Securities are as follows: the revenue of various brands in Q2 2024 is steadily increasing.
[Brokerage Focus] CMB International slightly lowers the target price of Anta Sports (02020), but expects its performance to still outperform the market.
Jingu Finance News | CMB International's research report pointed out that Anta Sports (02020) recorded a high double-digit growth in Anta brand retail revenue, which accelerated slightly from the middle double-digit growth in the first quarter, in line with expectations. FILA brand recorded a middle double-digit growth, slightly slower than the first quarter, and slightly below CMB International's expectations. The bank believes that this is mainly due to bad weather (more rainy days this year), consumption downgrading caused by a poor environment, and insufficient promotion of FILA children's and Fusion series. However, the inventory turnover ratio of both brands still remains below five months, which is consistent with the previous quarter and quite healthy, so retail discounts are still available.
[Brokerage Focus] Anxin International maintains a 'buy' rating on Anta Sports (02020) and expects it to prioritize the benefits brought by industry development.
Anxin International released a research report stating that Anta Sports (02020) announced its revenue for Q2 2024, with its main brand experiencing high double-digit growth year-on-year, FILA experiencing medium double-digit growth year-on-year, and other brands recording 40-45% growth year-on-year. The bank believes that as a leading enterprise in China's sporting goods industry, the company will enjoy the dividends brought about by industry development. Considering various factors, the bank predicts that EPS for 2024-2026 will be 4.26/4.88/5.46 yuan, with a target price of 115 Hong Kong dollars at 25 times PE for 2024 and maintains a “buy” rating.
ANTA Sports Products (ANPDF) Receives a Buy From Citi
Buy Rating Affirmed for ANTA Sports Amid Robust Sales Growth and Strong Profitability Outlook
Brokerage Focus: GTJA maintains its 'shareholding' rating on ANTA Sports (02020), and expects its revenue to be low in the first half of the year and high in the second half.
GTJA's research report states that Anta Sports (02020) achieved excellent water flow performance in Q2 against the trend, and overall sales in H1 met the company's expectations, maintaining the full-year revenue and operating profit margin guidance. The bank considers the overall performance of the group in H1 to be in line with the company's expectations, as well as factors such as the opening of the Olympic Games in H2, and expects the full-year revenue to be low in the first half and high in the second half, maintaining the previous full-year revenue expectations, i.e., the main brand/FILA will grow by 10-15%, Descente will grow by no less than 20%, and Kolon will grow by no less than 30%. At the same time, the company's dynamic management and strict cost control in H1 (such as more focused marketing activities) maintain the previous full-year operation.
Anta Sports Products Target Price Lowered to HK$86.00 From HK$103.00 by CCB International>2020.HK
Anta Sports Products Target Price Lowered to HK$86.00 From HK$103.00 by CCB International>2020.HK
Anta Sports Products Short-Term Share Price Could Recover -- Market Talk
0317 GMT - Anta Sports Products' share price could recover in the short-term, Nomura analysts say in a report. There have been concerns about the Chinese sportswear company's growth visibility in rece
Guosheng Securities: Maintains a 'buy' rating for Anta Sports (02020), and expects revenue to grow by 13.5% in 2024.
Looking ahead to 2024, the bank predicts a 13.5% increase in company revenue and a 33% increase in performance.
CICC: Maintains a "outperform" rating on ANTA Sports (02020), with high year-on-year growth in Q2 retail revenue for the main brand.
CICC predicts that Anta Sports' EPS for 2024/25 will be 4.63 / 4.94 yuan.
Golden Stock Announcement | Gogox Speed-W achieved a total package volume of 5.9834 billion pieces in the second quarter, a year-on-year increase of 30.7%.
Important Announcement: Baifang Stock (06657) priced at a minimum of HKD 36 for public offering and received 6.58 times subscription. Shanghai Pharma (02607): Citrate tofacitinib active pharmaceutical ingredient gets marketing approval. Fosun Pharma (02196): Registration approval for the addition therapy with Levetiracetam extended-release tablets for partial-onset seizures in patients aged 12 and above. CIRC (01763): Success in signing the overall supply project of nuclear medical equipment in Nigeria. Share buyback/sell-off: Tencent (00700) spent HKD 1.004 billion to repurchase 2.65 million shares of Meituan-W.
ANTA Sports Products Logs Growth in Retail Sales for ANTA, FILA, Other Brands for Q2 2024
ANTA Sports Products (HKG:2020) recorded high single-digit positive growth in retail sales for ANTA branded products and mid single-digit positive growth in retail sales for FILA branded products in t
ANTA Sports Experiences Robust Mid-Year Growth
Express News | ANTA Sports Products - Qtrly All Other Brands Newly Joined After 1 Jan Recorded 40-45% Positive Growth Vs Pcp
Express News | ANTA Sports Products - for Q2 Retail Sales of Fila Branded Products Recorded Mid-Single Digit Positive Growth
Analysis
Price Target
No Data
Business Data
No Data