CICC Raises EAST BUY (01797) Price Target to HK$30, Keeps "Outperform" Rating

Stock News02-04 10:26

CICC released a research report noting that EAST BUY (01797) announced its results for the first half of fiscal year 2026, with total revenue increasing by 5.7% year-on-year to RMB 2.31 billion, slightly below expectations. Adjusted net profit reached RMB 258 million, surpassing expectations by 68%. Due to a strengthened management team and improved operational capabilities, the firm raised its revenue forecasts for fiscal years 2026 and 2027 by 3.1% and 4.8% to RMB 5.19 billion and RMB 5.9 billion, respectively. Based on gross margin expansion and operational efficiency improvements, CICC increased its forecasts for EAST BUY's adjusted net profit attributable to shareholders for fiscal years 2026 and 2027 by 80.2% and 32.1% to RMB 437 million and RMB 410 million. Owing to more optimistic earnings growth expectations, the price target was raised by 25% to HK$30. The Outperform rating was maintained.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1149788930?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-04 10:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1149788930","market":"hk","top_or_hot":-1,"title":"CICC Raises EAST BUY (01797) Price Target to HK$30, Keeps \"Outperform\" Rating","media":"Stock News","content":"<p>CICC released a research report noting that EAST BUY (01797) announced its results for the first half of fiscal year 2026, with total revenue increasing by 5.7% year-on-year to RMB 2.31 billion, slightly below expectations. Adjusted net profit reached RMB 258 million, surpassing expectations by 68%. Due to a strengthened management team and improved operational capabilities, the firm raised its revenue forecasts for fiscal years 2026 and 2027 by 3.1% and 4.8% to RMB 5.19 billion and RMB 5.9 billion, respectively. Based on gross margin expansion and operational efficiency improvements, CICC increased its forecasts for EAST BUY's adjusted net profit attributable to shareholders for fiscal years 2026 and 2027 by 80.2% and 32.1% to RMB 437 million and RMB 410 million. Owing to more optimistic earnings growth expectations, the price target was raised by 25% to HK$30. The Outperform rating was maintained.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CICC Raises EAST BUY (01797) Price Target to HK$30, Keeps \"Outperform\" Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCICC Raises EAST BUY (01797) Price Target to HK$30, Keeps \"Outperform\" Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-04 10:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CICC released a research report noting that EAST BUY (01797) announced its results for the first half of fiscal year 2026, with total revenue increasing by 5.7% year-on-year to RMB 2.31 billion, slightly below expectations. Adjusted net profit reached RMB 258 million, surpassing expectations by 68%. Due to a strengthened management team and improved operational capabilities, the firm raised its revenue forecasts for fiscal years 2026 and 2027 by 3.1% and 4.8% to RMB 5.19 billion and RMB 5.9 billion, respectively. Based on gross margin expansion and operational efficiency improvements, CICC increased its forecasts for EAST BUY's adjusted net profit attributable to shareholders for fiscal years 2026 and 2027 by 80.2% and 32.1% to RMB 437 million and RMB 410 million. Owing to more optimistic earnings growth expectations, the price target was raised by 25% to HK$30. The Outperform rating was maintained.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1519","symbol_name":"在线教育","start_time":0,"source_url":"","article_id":"1149788930","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1149788930","pubTimestamp":1770171979,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CICC released a research report noting that EAST BUY (01797) announced its results for the first half of fiscal year 2026, with total revenue increasing by 5.7% year-on-year to RMB 2.31 billion,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1519":"在线教育","BK1228":"教育服务","BK1516":"腾讯概念","BK1596":"K12教育","BK1132":"食品零售","01797":"东方甄选"},"translate_title":"中金上调东方买入(01797)目标价至30港元维持“跑赢大市”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01797":1},"content_text":"CICC released a research report noting that EAST BUY (01797) announced its results for the first half of fiscal year 2026, with total revenue increasing by 5.7% year-on-year to RMB 2.31 billion, slightly below expectations. Adjusted net profit reached RMB 258 million, surpassing expectations by 68%. Due to a strengthened management team and improved operational capabilities, the firm raised its revenue forecasts for fiscal years 2026 and 2027 by 3.1% and 4.8% to RMB 5.19 billion and RMB 5.9 billion, respectively. Based on gross margin expansion and operational efficiency improvements, CICC increased its forecasts for EAST BUY's adjusted net profit attributable to shareholders for fiscal years 2026 and 2027 by 80.2% and 32.1% to RMB 437 million and RMB 410 million. Owing to more optimistic earnings growth expectations, the price target was raised by 25% to HK$30. The Outperform rating was maintained.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1149788930","isCrawlerRequest":true}