02313 SHENZHOU INTL
- 78.500
- +1.950+2.55%
SHENZHOU INTL News
Hong Kong Stock Concept Tracking | Sports footwear industry's booming circuit trend continues, institutions focus on left-hand opportunities for sports and menswear brands (with concept stocks)
According to Euromonitor's forecast, in 2023-2028, the global sports footwear market is expected to grow from US$395.5 billion to US$544 billion, with a compound growth rate of 7%, faster than consumer industries such as personal accessories, beauty and personal care, and home appliances.
Macquarie: The target price for Shenzhou International (02313.HK)'s “Outperform the Market” rating was raised to HK$91
Macquarie released a research report stating that it gave Shenzhou International (02313.HK) a “outperforming market” rating and raised its earnings estimates for the 2024-25 fiscal year by 2% based on the expected acceleration in revenue growth, and the target price was raised from HK$89 to HK$91.
Macquarie: The target price for Shenzhou International (02313)'s “Outperform the Market” rating was raised to HK$91
Macquarie raised Shenzhou International's (02313) earnings estimates for the 2024-25 fiscal year by 2% each.
Shenzhou International (2313.HK): Leading the way in improving industry trends and moving forward
The company is a leader in the apparel manufacturing industry, and its business scale has continued to grow over decades. Shenzhou International is the largest vertically integrated knitting manufacturer in Asia, with revenue of 25 billion yuan (-10% YoY)/net profit of 4.6 billion yuan in 2023
Shenzhou International (02313.HK): 2023 ends smoothly, optimistic about 2024 performance recovery
Matters: 2023 revenue of 24.97 billion yuan, -10.1% year over year, net profit attributable to mother of 4.56 billion yuan, -0.1% year over year; net profit of 3.71 billion yuan excluding exchange income, interest income and government subsidies
Zheshang Securities Textile and Apparel Annual Report 23 and 24 Quarterly Report Performance Overview: Strong Export Chain and Brand-Side Differentiation
Textile and garment industry 23 annual report & 24 quarterly report performance summary
Shenzhou International (2313.HK): Domestic salary increases, frontline employees show positive order momentum
Guide to this report: The company's salary increase for domestic employees confirms the continuous improvement in order sentiment, and also highlights the advanced management mechanism and entrepreneurial pattern of sharing profits with employees. Summary: Investment advice. Short-term corporate orders are recovering.
Shenzhou International (2313.HK): The second half of '23 has improved, and the outlook for '24 is optimistic
Incident: In 2023, Shenzhou Group achieved operating income of 24.970 billion yuan, -10.12% year on year, and net profit attributable to the parent company of 4.557 billion yuan, or -0.12% year on year. Of these, 23H2 operating income 134.
申洲國際：股東週年大會通告
申洲國際：2023年報
Citibank: Target price of HK$108 for Shenzhou International (02313)'s “buy” rating
The Zhitong Finance App learned that Citi released a research report stating that it gave Shenzhou International (02313) a “buy” rating, with a target price of HK$108. As Adidas's results for the first quarter of 2024 were better than expected and the 2024 revenue guidance was raised, it was raised from the previous middle single digits to the medium to high single digits, which is expected to have a slight positive impact on Shenzhou. The bank said that Adidas accounted for 14.8% of Shenzhou's total revenue in 2023, leading to a double-digit increase in Shenzhou international orders. At the same time, Adidas also had the highest order growth in 2024 among Shenzhou International's top four customers. Shenzhou's biggest customer, Nike, then
Changes in Hong Kong stocks | Shenzhou International (02313) is now up more than 4%. Downstream brand customers are leaving inventory, and order recovery from leading companies is expected to lead the industry
The Zhitong Finance App learned that Shenzhou International (02313) is now up more than 4%. As of press release, it has risen 4.3% to HK$72.8, with a turnover of HK$963.371 million. GF Securities pointed out that with the end of inventory removal from downstream brand customers, demand is expected to pick up. It is optimistic that the company's orders will resume growth in 24, and a return to normal capacity utilization is expected to drive an increase in gross margin. Although Nike and Lulululemon are both cautious about future performance guidelines recently, they are optimistic that the company's share of brand customers will increase further. Caitong Securities previously indicated that the peak camping season in April and the May Day Dragon Boat Festival holiday will start in the second quarter, which is expected to be boosted
Shenzhou International (02313.HK): Performance improved in the second half of '23, and is optimistic that it will return to the growth channel in '24
Core view: The company announced its results for the year 23. In '23, the company's revenue was 24.970 billion yuan, a year-on-year change of -10.1%. Net profit attributable to mother was 4.557 billion yuan, a year-on-year change of -0.1%. The company proposes to distribute 1 per share
Changes in Hong Kong stocks | Shenzhou International (02313.HK) rose more than 4%, and the brand went out of stock to gradually eliminate suppressing factors, and the beginning of the peak season is expected to boost demand for sneakers and clothing
Shenzhou International (02313.HK) rose more than 4%. As of press release, it rose 4.26% to HK$74.7, with a turnover of HK$194 million.
Express News | Citibank: Maintain the Hang Seng Index target of 1,800 points by the end of this year and remain optimistic about technology and related industries
Shenzhou International (02313.HK): Operational resilience highlights optimism about increasing market share
The company announced its 23-year results announcement. Revenue for 23 was 24.97 billion yuan, a year-on-year decrease of 10.1%. It was mainly due to a decrease in current procurement due to a decline in consumer demand for clothing in the European and American markets and the loss of inventory by brand customers, and the overall production capacity scale and
Big Bank Rating | Citibank: Raising Shenzhou International's Target Price to HK$108 for a “Buy” Rating
Glonghui, April 1 | Citigroup released a research report stating that it gave Shenzhou International a “buy” rating, raised the earnings forecast per share from 2024 to 2025 by 3% to 4%, and raised the target price from HK$102 to HK$108. According to the report, the company's operating income for 2023 was lower than generally predicted by the market, but at the same time, the company's attributable profit was in line with expectations, driven by gross margin exceeding expectations. The bank believes that the company can achieve double-digit sales growth within this year, mainly benefiting from last year's low base effect; in addition, with the exception of Nike, all major global and domestic brands recorded double-digit orders
Shenzhou International (02313.HK): Revenue in 23 years is under pressure, efficiency improvements in overseas factories drive a recovery in profitability
In 2023, when orders from Europe and the US were insufficient, revenue decreased by 10% year-on-year, but the increase in efficiency and capacity utilization in new overseas factories drove the recovery of profitability, and net profit remained basically the same. Orders from downstream customers are gradually recovering, and the company continues to push
Shenzhou International (2313.HK): 23H2 gross margin improved significantly, 24-year performance growth is worth looking forward to
Core view The company's revenue in '23 was 24.970 billion yuan/ -10.1%, and net profit to mother was 4.557 billion yuan/ -0.1%. By customer: 1) Major customers Nike, Uniqlo, Adidas, Puma
Shenzhou International (02313.HK): Profit side performance in '23 was in line with expectations, optimistic about order growth in '24
Event: Shenzhou International announces 2023 results. The company's revenue in '23 was 24.97 billion yuan, -10.1% year-on-year, mainly due to weak global demand, especially in the European and American markets, and brand customers leaving the warehouse; net profit attributable to mother 45
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