HK stock market fluctuates | Jiumaojiu (09922) falls more than 3%, its sub-brand's same-store sales in Q2 weaker than expected. Institutions expect the company's short-term profit growth to be under pressure.
Jiumaojiu (09922) fell more than 3%, as of press time, it fell 3.31%, at HKD 2.63, with a turnover of HKD 4.9171 million.
Dahua Jixian: Maintains a "buy" rating for Jiumaojiu (09922), with target price lowered to 3.8 Hong Kong dollars.
Dahua Jixian's short-term profitability growth is expected to be under pressure at jiumaojiu.
Hong Kong stocks fluctuate | Jiumaojiu (09922) fell nearly 4% again. Institutions said that the investment logic of “Tai’er business model replicability” is being challenged.
Jiumaojiu (09922) fell nearly 4%, as of press time, fell 3.79%, reported HKD 2.79, turnover of 21.3063 million HKD.
China Renaissance Downgrades Jiumaojiu International Holdings to Hold From Buy; Price Target Is HK$2.70
China Galaxy Securities Downgrades Jiumaojiu International Holdings to Hold From Add; Price Target Is HK$3
Hong Kong stock market fluctuations | Jiumaojiu (09922) continues to fall by more than 3%, with a cumulative price drop of 20% on the 4th. It is expected that the net profit in the first half of the year will decrease by nearly 70%.
Jiumaojiu (09922) fell more than 3% and its stock price has fallen by 20% over the past four trading days. As of press time, it fell 3.42% to HKD 2.82 with a turnover of HKD 16.918 million.
As the industry continues to experience sustained 'internal competition', Jiumaojiu (09922) is experiencing a freeze in market cap.
What will happen next to the former leader of the hot pot with sour fish, jiumaojiu's stock price falls again?
Hong Kong stocks are about to enter the performance period, and it is expected that there will be few bullish news to cash in.
Authored by / ATFX. Hong Kong stocks started the week with a rebound of more than 200 points, and the unexpected key interest rate cut by the central bank became the key to driving the rebound. On Tuesday, the rebound pattern continued. In addition, some of the Hong Kong stock market, which is ready to enter the performance period, is also guided by performance forecasts, but there are not enough bright profit surprises to boost the overall market. Xinyi Energy (03868) is expected to see a 25% to 35% drop in mid-term profit, and the group expects that its net profit for the six months ending in June will be reduced by 25% to 35%. Its profit in the same period last year was 0.568 billion yuan. The stock price has fallen for three consecutive days, and it further hit a decline of more than 3% today. The company points out that it owned solar energy in the first half of the year.
Goldman Sachs maintains its "buy" rating on Jiumaojiu (09922) with a target price of HKD 3.8, which has been lowered.
The management of jiumaojiu (09922) expects a dividend payout ratio of over 40% in the next few years, and up to 0.2 billion yuan in repurchases.
Jiumaojiu's Strategy Shift in 2H May Help Improve Financial Performance -- Market Talk
Hong Kong stocks change | Jiumaojiu (09922) continued to fall by more than 3%, hitting a new low. It is expected that net profit will drop by nearly 70% in the first half of the year, and second-quarter data will still be below expectations.
Jiumaojiu (09922) fell more than 3%, hitting a new historical low of HKD 2.94. As of the time of writing, it fell by 3.59% to HKD 2.95, with a turnover of HKD 20.9755 million.
Jiumaojiu (09922) spent about 10.0108 million Hong Kong dollars to repurchase 3.27 million shares on July 22.
Jiumaojiu (09922) released an announcement on July 22, 2024, spending approximately 10.0108 million Hong Kong dollars for stock repurchase...
Jiumaojiu International Holdings Expects Lower Profit in H1 2024
[Brokerage Focus] CMB International reduces the target price of Jiumaojiu (09922) by 57.2% and downgrades the rating to 'hold'.
According to a research report released by China Merchants International, in the second quarter, the turnover rates of Taier, Song, and Jiumaojiu were 3.6 times, 2.8 times, and 2.6 times, respectively, which decreased from the previous quarter's 3.9 times, 3.0 times, and 3.0 times. Sales of the same stores also decreased by 18%, 37%, and 13%, respectively. The average per customer spending also declined to RMB 69, RMB 104, and RMB 55. The company expects a net income of approximately RMB 67 million in the first half of the year, a year-on-year decrease of about 70%. The bank noted that 1) the company's performance is lower than expected, and the bank's expectations for the catering industry and Jiumaojiu are already quite pessimistic.
CMB International Downgrades Jiumaojiu International to Hold From Buy; Price Target Is HK$3.59
DBS: Maintains a "Synchronized with the Market" rating for Jiumaojiu (09922) with a target price of HKD 5.5.
DBS is relatively more bullish on Haidilao than Jiumaojiu.
HK Stock Market Surge | Jiumaojiu (09922) opens more than 6% lower, with a nearly 70% decrease in net profit expected in the first half of the year. Q2 sales per day at Taier and Tongde stores decreased by 18.1%.
After the warning of jiumaojiu (09922), the stock opened more than 6% lower. As of press time, it has fallen by 6.16%, with a price of 3.2 Hong Kong dollars and a turnover of 1.584 million Hong Kong dollars.
Jiumaojiu (09922) is expected to see a maximum year-on-year decline of 69.8% in net profit for the first half of the year.
Jingu Caixun | Jiu Mao Jiu (09922) announced that the group expects to record revenue of approximately RMB 3.064 billion for the six months ending June 30, 2024, an increase of approximately 6.4% from the RMB 2.879 billion in the same period in 2023. The group also expects to record a net profit attributable to the equity shareholder of the company of no less than RMB 67 million, a decrease of not more than 69.8% from the RMB 0.222 billion in the same period in 2023. The reason for the expected decline in the net profit attributable to the equity shareholders of the company is that the comparable base in this period is relatively high, which is due to the fact that as of 20...
Jiumaojiu: The daily average sales of Too Too stores in the second quarter decreased by 18.1% year-on-year.
Jiumaojiu (09922) announced that as of June 30, 2024, the total number of restaurants amounted to 771, with Tai'er, Sǒng huǒ guō, and Jiumaojiu brand restaurants accounting for 614, 73, and 72 respectively. In the second quarter of 2024, the turnover rates of Tai'er, Sǒng huǒ guō, and Jiumaojiu were 3.6, 2.8, and 2.6 respectively, with average customer consumption of 69 yuan, 104 yuan, and 55 yuan respectively. Meanwhile, the same-store daily sales decreased by 18.1%, 36.6%, and 12.6% year-on-year.
Low stock price group buying, out of control.
The retreat of the dining industry.
No Data