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China Lesso Group Holdings Limited's (HKG:2128) Share Price Is Matching Sentiment Around Its Earnings
[Brokerage Focus] HAITONG INT'L gives CHINA LESSO (02128) an "Outperform" rating, noting its significant scale advantages and profitability ranked among the top in the Industry.
Jinwu Finance | HAITONG INT'L reports that CHINA LESSO (02128) has production bases spread across the country, with significant scale advantages. At the same time, benefiting from falling raw material prices, it maintains strong profitability. In H1 2024, the company's gross margin and net margin are 27.48% and 7.47%, respectively, placing its profitability among the forefront of the Industry. The report indicates that in H1 2024, the annual designed production capacity for plastic pipe systems is 3.25 million tons, with a capacity utilization rate of about 74.1%. The company is actively innovating horizontally and vertically across multiple fields, diversifying its pipe products, researching and launching more new products, and gradually reducing dependence on.
Chinese Assets are entering a "sweet moment", and CHINA LESSO (2128.HK) benefits from the Bullish policies on Infrastructure, highlighting long-term value.
Since February, China's Assets have entered a "sweet moment" in the Global Capital Markets, with the Hong Kong stock market experiencing a significant surge, and the Hang Seng Index has cumulatively risen over 2700 points, an increase of about 13%.
CICC's outlook for the construction Industry in 2025: Seeking stability and progress.
Focus on the centrally-owned construction enterprises with relatively stable fundamentals, which benefit from the new regulations on debt reduction and Market Cap management.
The economy of Southeast Asia demonstrates resilience, and CHINA LESSO (2128.HK) seizes the opportunity in infrastructure to accelerate the growth of its overseas business.
In 2024, Southeast Asian countries have demonstrated an unexpectedly strong economic recovery, which has also sparked interest among domestic investors in how Chinese enterprises will achieve great success in this region by 2025. According to the latest economic forecast for the Asia-Pacific region released by the International Monetary Fund, the GDP growth rate of six Southeast Asian countries in 2024 will be significantly higher than in 2023, and it will maintain steady growth in 2025. HSBC, Malayan Banking, and others have also emphasized in their reports that the economies of ASEAN countries still possess resilience and potential for growth in 2025, far exceeding the global average expected growth rate. Recently, Thailand visited China and approved the second phase of the China-Thailand High-speed Rail project, becoming a symbol.
China Lesso Group Holdings Limited's (HKG:2128) Largest Shareholder, Top Key Executive Luen Hei Wong Sees Holdings Value Fall by 3.8% Following Recent Drop
There's No Escaping China Lesso Group Holdings Limited's (HKG:2128) Muted Earnings Despite A 25% Share Price Rise
