Shenzhou International Group Holdings Limited Unsponsored ADR (2313.HK): A full order book supports stable and long-term growth, presenting an opportunity amidst low valuations.

From the demand side, it is expected that the company's Orders will be full, with sales in the second half of 2024 likely to achieve double-digit year-on-year growth, and the year-on-year decline in ASP is expected to narrow to around flat. The volume and price performance differs from the trend in the first half of 2024, mainly due to Orders from sports brands.

HTSCDec 30, 2024 15:17

Shenzhou International Group Holdings Limited Unsponsored ADR (02313.HK) Deep Report: A Global Leader in Knitting Manufacturing, Excellent Quality Sets the Industry Benchmark.

Shenzhou International Group Holdings Limited Unsponsored ADR: A global leader in knit manufacturing, exceptional quality has created an industry benchmark. Since its establishment in March 1990 in Ningbo, Zhejiang, Shenzhou International has over thirty years of experience and has become one of the largest vertically integrated knit manufacturers in the world, mainly producing

Minsheng SecuritiesDec 27, 2024 19:12

Outfit brands return to offline to attract customers, still viewing outdoor sports as the key to traffic | Year-end review.

① This year, outfit brands are focusing on the establishment of offline channels, with some accelerating the opening of offline stores; ② Online is facing a traffic bottleneck, with low stock price competition, high return rates, and declining quality leading to a poor online ecosystem; ③ Outdoor sports are still regarded as a high-traffic area, with professionals believing that competition will intensify.

cls.cnDec 25, 2024 19:53

Nomura lists the list of Chinese stocks that are expected to "continue to outperform" (table).

Nomura published a report on the Asia (excluding Japan) stock market, listing Chinese stocks that are "Consistent Outperformers," with criteria including a listing period of at least six years, daily average trading volume exceeding 0.5 million USD, relative performance superior to the benchmark since 2015/listing date, and a market cap exceeding 0.5 billion USD.

AASTOCKSDec 23, 2024 12:11

China International Capital Corporation lowered the Target Price of Shenzhou International (02313.HK) to 83 yuan as the gross margin expansion rate slows down.

According to a research report by Jianyin International, it reiterates that Shenzhou (02313.HK) is the main beneficiary of replenishment for international brands in the second half of the year, expecting Shenzhou to record an 8% revenue growth in the second half, which is mainly due to the recovery of orders from Puma, as well as double-digit order growth from Adidas, Lululemon (LULU.US), and domestic sports brands. The bank also expects that due to the improvement in the product mix, the decline in Shenzhou's average selling price will shrink from about 6% in the first half of 2024 to 2% to 3% in the second half. In addition, the bank estimates that the gross margin in the second half will expand by 2.9 percentage points year-on-year to 28.7%.

AASTOCKSDec 23, 2024 09:50

Hong Kong stocks movement | Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose nearly 3% as Nike's second fiscal quarter revenue exceeded expectations. Institutions are bullish on the company's steady revenue growth next year.

Shenzhou International Group Holdings Limited Unsponsored ADR (02313) rose nearly 3%, as of the time of writing, up 2.68%, trading at 61.3 Hong Kong dollars, with a turnover of 66.6912 million Hong Kong dollars.

Zhitong FinanceDec 20, 2024 09:59