HSBC downgrades Sophia's rating to hold; target price is RMB 15.10

HSBC analyst Danbin Xue's previous rating was Buy. The target price is RMB 15.10, which is a 10% drop. Sophia's quarterly earnings and revenue on April 11 fell short of expectations.

Zhitong FinanceApr 16 23:10

Express News | 139 shares received institutional buy-in ratings, and Dongpeng Drinks received the highest level of attention

BreakingsApr 16 17:41

Sophia (002572) Incident Review: Q1 profitability is expected to increase and speed up channel layout as the main theme this year

Incident: The company announced the 2024 quarterly report forecast. It is expected to achieve revenue of 1,985 billion yuan to 2,166 billion yuan, an increase of 10.00% to 20.00% over the previous year, and net profit of 157 million yuan to 188 million yuan

渤海證券Apr 16 16:46

Sophia (002572): Revenue achieved superior growth and significant profit improvement

Incident description The company expects to achieve revenue of 1,985-2.116 billion yuan in 2024Q1, an increase of 10%-20%; net profit/net profit after deducting non-net profit of 1.57-1.88/135-161 million yuan, all the same

長江證券Apr 16 14:06

Guohai Securities released a research report on April 15 stating that it gave Sophia (002572.SZ) an increase in holdings rating. The main reasons for the rating include: 1) wooden door revenue continues to grow, and the wardrobe category is steadily impro

Guohai Securities released a research report on April 15 stating that it gave Sophia (002572.SZ) an increase in holdings rating. The main reasons for the rating include: 1) wooden door revenue continues to grow, and the wardrobe category is steadily improving; 2) adhering to the “omni-channel” strategy and introducing traffic through multiple channels; 3) the multi-brand strategy continues to cover the market, and the whole category is steadily increasing customer unit prices; 4) the effect of “improving quality and efficiency” is obvious, and cost control is meticulous. 1. (Mainichi Keizai Shimbun)

Zhitong FinanceApr 15 22:03

Sophia (002572): The main brand has grown steadily in 23 years, and the Milana and packaging channels are outstanding

Core idea The company's revenue and net profit to mother were +3.95% and +18.51% year-on-year in '23, thanks to lower raw material costs, supply chain cost optimization, and scale effects. By brand, driven by the sharp rise in volume and price of Sophia's main brand in '23

中信建投證券Apr 15 18:41