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Kids King (301078): Income is gradually picking up, and the nationwide layout is progressing steadily
Incident: Kid Wang released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved revenue of 8.753 billion yuan/ +2.73%, net profit to mother of 105 million yuan/ -13.92%, deducting net income from the mother
Minsheng Securities released a research report on April 27 stating that it gave Kid Wang (301078.SZ) a recommended rating. The main reasons for the rating include: 1) the maternal and child products business contributed the main revenue, and the maternal
Minsheng Securities released a research report on April 27 stating that it gave Kid Wang (301078.SZ) a recommended rating. The main reasons for the rating include: 1) the maternal and child products business contributed the main revenue, and the maternal and child service business grew rapidly; 2) after excluding the impact of share payments and interest expenses on convertible bonds, the net interest rate to mother was +0.82pct to 2.41% year on year in 2023; 3) Steady promotion of Leyou mergers and acquisitions to continue to build a living center for children of all ages, and fully optimize channel operations; 4) Further improvement of the differentiated supply chain, with the transaction volume of its own brand +74% YoY. (Mainichi Keizai Shimbun)
Kids King (301078): The 24Q1 net profit increases, and the alliance model is expected to open up space for stores to expand
Incident: Kid Wang released the 2023 Annual Report and 24Q1 Earnings Report. In 2023, the company achieved revenue of 8.753 billion yuan/ +2.73%, and net profit attributable to mother of 105 million yuan/ -13.92%, if convertible bonds are excluded
Kid Wang (301078.SZ) announced its 2023 annual results. Net profit of 105 million yuan decreased by 13.92% year-on-year
Kids King (301078.SZ) released the 2023 annual results report. The company achieved an operating income of 8 during the reporting period...
Kid King (301078.SZ): Currently not collaborating with Kimi
Gelonghui March 28 | Kid Wang (301078.SZ) said on the investor interactive platform that the company has not yet cooperated with Kimi. In the future, the company will continue to strengthen the research and application of AI artificial intelligence technology, actively promote cooperation with professional institutions, and continue to optimize and upgrade KidsGPT intelligent consultants to continuously improve the service experience of users and better serve Chinese families.
Kids King (301078.SZ): Controlling shareholders and their co-actors transferred a total of 1.08 million “Baby King Bonds”
Gelonghui, March 7, 丨 Kid Wang (301078.SZ) announced that the company recently learned that the controlling shareholder Jiangsu Bosda and its co-operator, Nanjing Qianseconuo, transferred a total of 1,083,000 “Baby King Convertible Bonds” through bulk transactions at the Shenzhen Stock Exchange between February 21, 2024 and March 6, 2024, accounting for 10.42% of the total amount of convertible bonds issued.
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