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There Are Reasons To Feel Uneasy About Anhui Korrun's (SZSE:300577) Returns On Capital
Anhui Korrun (300577.SZ) currently has overseas production capacity accounting for more than 70%, mainly located in Indonesia, with a small amount in India.
On April 15, Gelonghui reported that Anhui Korrun (300577.SZ) stated on the interactive platform that the company's overseas production capacity accounts for over 70%, mainly located in Indonesia, with a small portion in India. According to the company's internal assessment, the impact of the USA tariff situation on the company is limited; for detailed analysis, please refer to the company's announcement "Voluntary Information Disclosure Announcement on Recent Tariff-Related Policies and Their Impact on the Company" (Announcement No.: 2025-019). Currently, the USA has suspended the implementation of "reciprocal tariffs" on Indonesia.
Anhui Korrun (300577.SZ): In 2024, the sales revenue from the USA market is expected to account for about 15%.
Glory Exchange reported on April 10 that Anhui Korrun (300577.SZ) stated on the investor interaction platform that, based on preliminary calculations from internal company data, in 2024, the sales revenue from the USA market would account for about 15%, which is relatively low, primarily consisting of contract manufacturing business. The products exported to the USA are mainly produced at the company's manufacturing base in Indonesia, and currently, the USA has suspended the implementation of 'equivalent tariffs' on Indonesia.
Anhui Korrun (300577.SZ): In 2024, the sales revenue from the USA market is expected to account for about 15%, which is relatively low.
Gelonghui April 10th丨Anhui Korrun (300577.SZ) stated on the interactive platform that, according to preliminary calculations based on internal company data, in 2024, the sales revenue from the USA market will account for about 15%, which is relatively low, mainly from OEM manufacturing Business. The products exported to the USA are mainly produced by the company's manufacturing base in Indonesia, and currently, the USA has suspended the implementation of 'similar tariffs' on Indonesia.
Anhui Korrun (300577.SZ): Currently, the cooperation with Adidas is stable.
Gelonghui, April 10丨Anhui Korrun (300577.SZ) stated on the investor interaction platform that the company's cooperation with Adidas is currently stable.
Anhui Korrun (300577.SZ): The company's "90 points" brand has currently partnered with Walmart and Metro in China.
On April 10, Gelonghui reported that Anhui Korrun (300577.SZ) stated on the investor interaction platform that the "90 Points" brand has already collaborated with Walmart and Metro in the domestic market, and will continue to expand the sales channels of high-quality supermarkets in the country. In terms of OEM manufacturing, the company has also established manufacturing bases domestically to meet the needs of high-quality clients such as Nike, Decathlon, and Uniqlo. If there are any special shopping activities aimed at shareholders, the company will strictly follow relevant laws and regulations for information disclosure. Please pay attention to the company's announcements.
Anhui Korrun Co., Ltd. (SZSE:300577) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
