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[Brokerage Focus] Jianyin International maintains a "Buy" rating on Shenzhou International Group Holdings Limited Unsponsored ADR (02313), stating that Adidas's good performance will increase its order volume for fiscal year 2025.
Jinwu Financial News | Jianyin International released a Research Report, noting that Adidas' Q4 performance for the fiscal year 2024 exceeded expectations, with revenue growing by 11% year-on-year to 23.683 billion euros. Operating profit increased by more than 1 billion euros to reach 1.337 billion euros, leading to a significant year-on-year increase in quarterly revenue by 24% to 5.965 billion euros. The operating profit turned around from a loss of 0.377 billion euros in Q4 2023 to a profit of 57 million euros. Adidas, as a source of about 20% of Shenzhou International Group Holdings Limited Unsponsored ADR's revenue, indicates that its strong performance hints at an enhancement in brand strength and product competitiveness, which will increase Shenzhou International Group Holdings Limited Unsponsored ADR's orders for the fiscal year 2025.
Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) held a Board of Directors meeting on March 25 to approve the annual performance.
Gelonghui reported on January 23 that Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) announced that the Board of Directors meeting will be held on March 25, 2025 (Tuesday) at 11:00 AM, for the purpose of approving the performance of the company and its subsidiaries for the fiscal year ending December 31, 2024, and its publication, as well as considering the distribution, recommendation, and payment of the final dividend (if any).
SHENZHOU INTL: Date of Board Meeting
With 42% Ownership, Shenzhou International Group Holdings Limited (HKG:2313) Insiders Have a Lot Riding on the Company's Future
Outfits stocks have stopped falling and stabilized. ANTA SPORTS (02020) rose by 3.91%. Institutions suggest that the Industry may welcome a new round of market trends after valuation adjustments.
Jinwu Financial News | Apparel stocks have stopped declining and stabilized. As of the time of writing, CRYSTAL INTL (02232) is up 5.18%, ANTA SPORTS (02020) is up 3.91%, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) is up 2.45%, and CHINA LILANG (01234) is up 1.83%. On the news front, Ping An Securities has released a Research Report stating that, based on the recovery logic of discretionary Consumer spending, companies related to Apparel Manufacturing and exports may welcome opportunities, and companies involved in Apparel and home goods exports are likely to continue to see benefits. At the same time, apparel brand companies, after valuation adjustments, may welcome a new round of market conditions. Attention should be paid to two investment mainlines. Orient stated that in the medium term...
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.
