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[Brokerage Focus] Jianyin International maintains a "Buy" rating on Shenzhou International Group Holdings Limited Unsponsored ADR (02313), stating that Adidas's good performance will increase its order volume for fiscal year 2025.
Jinwu Financial News | Jianyin International released a Research Report, noting that Adidas' Q4 performance for the fiscal year 2024 exceeded expectations, with revenue growing by 11% year-on-year to 23.683 billion euros. Operating profit increased by more than 1 billion euros to reach 1.337 billion euros, leading to a significant year-on-year increase in quarterly revenue by 24% to 5.965 billion euros. The operating profit turned around from a loss of 0.377 billion euros in Q4 2023 to a profit of 57 million euros. Adidas, as a source of about 20% of Shenzhou International Group Holdings Limited Unsponsored ADR's revenue, indicates that its strong performance hints at an enhancement in brand strength and product competitiveness, which will increase Shenzhou International Group Holdings Limited Unsponsored ADR's orders for the fiscal year 2025.
Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) faced a Shareholding reduction of 2.0411 million shares by Schroders PLC.
On January 24th, Gelonghui reported that according to the latest equity disclosure information from the Stock Exchange, on January 21, 2025, Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) was reduced by Schroders PLC in the market at an average price of HKD 58.9586 per share, amounting to approximately HKD 0.12 billion for 2.0411 million shares. After the reduction, the latest number of shares held by Schroders PLC is 88,307,218 shares, and the shareholding ratio decreased from 6.01% to 5.87%.
Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) held a Board of Directors meeting on March 25 to approve the annual performance.
Gelonghui reported on January 23 that Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) announced that the Board of Directors meeting will be held on March 25, 2025 (Tuesday) at 11:00 AM, for the purpose of approving the performance of the company and its subsidiaries for the fiscal year ending December 31, 2024, and its publication, as well as considering the distribution, recommendation, and payment of the final dividend (if any).
SHENZHOU INTL: Date of Board Meeting
Shenzhou International Group Holdings Limited Unsponsored ADR (2313.HK): A review of the growth path of the knitting industry leader from the perspective of ROE.
This report's introduction: a good track + good customers + good production capacity has made the company's profitability stand out, driving ROE significantly higher from 2008 to 2011 and maintaining a stable high level from 2012 to 2020, firmly established in the top tier of the Industry.
In "Big Bank", China Silver International's investment ratings and Target Price for physical commodities stocks (table).
Bank of China International published a research report, listing the investment ratings and target prices for sportswear stocks as follows: Stock | Investment Rating | Target Price (HKD) ANTA SPORTS (02020.HK) | Buy | 107 HKD LI NING (02331.HK) | Hold | 16.2 HKD -> 15.3 HKD Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) | Buy | 93 HKD TOPSPORTS (06110.HK) | Hold | 2.7 HKD XTEP INT'L (01368.HK) | Buy | 7.1 HKD (gc/w)~