On June 29, Bosideng rose 5.06% in regular trading, trading at 4.16 HKD/share, with turnover of approximately 92.58 million HKD.
The rally was driven by the company's annual results released on June 25, which exceeded market expectations. For the fiscal year ended March 31, revenue grew 5.6% year-over-year to 27.35 billion RMB, while net profit attributable to shareholders surged 13.7% to 3.994 billion RMB, marking the ninth consecutive fiscal year of dual growth in both revenue and net profit. Branded down jacket revenue rose 8.7% to 23.56 billion RMB, with direct sales channels posting 16.7% growth. Online sales across all brands grew 15.8%, with 77.5% of Douyin platform revenue generated from livestream sales.
CICC maintained its outperform rating and raised its FY27 EPS forecast by 7.6% to 0.37 RMB, with a target price of 5.65 HKD, implying 56% upside from the current level. The company also declared a final dividend of 0.25 HKD per share, bringing the full-year payout ratio to 80.2%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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