MAO GEPING (01318) Surges Over 5% on Robust Online Sales Growth and Planned Q1 2026 Multi-Product Launch

Stock News01-20 11:14

MAO GEPING (01318) rose more than 5%, and as of the time of writing, the stock was up 5.33% to HK$90.9, with a turnover of HK$155 million.

A research report from CLSA cited MAO GEPING's management, which anticipates that, benefiting from the Double Eleven promotional event and a robust performance in December, the company's online and offline sales in the previous quarter increased by over 40% and approximately 20% year-on-year, respectively, alongside the opening of two new high-end stores.

By the end of 2025, the number of offline members is expected to grow by about 25% year-on-year to 6 million.

The report noted that MAO GEPING plans to launch diversified products in the first quarter of 2026.

From a medium-term perspective, management forecasts that, starting in 2026 and based on volume growth, online and offline sales will increase by 35% and 20%, respectively.

According to statements from MAO GEPING's management, the company's offline same-store sales growth should be maintained at a low double-digit percentage level, while gross profit margin and operating profit margin are expected to remain stable, with a net profit margin that can be sustained at over 20%.

The company projects that its sales will reach RMB 10 billion by 2028, implying a compound annual growth rate of 27% from 2024 to 2028.

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