CROSBY Research – Telecom Sector: Stringent capex control after 5G buildout peaked, telco’s key focus is on computing power for Cloud and AI usage
16 Apr 2024 According to the latest data from MIIT, China’s telecom business revenue steadily ...
CROSBY Research – Wasion Holdings (3393 HK/BUY): Securing State Grid’s first FY24 tender
16 Apr 2024 Wasion announced the first bidding results of the 2024’s State Grid tender ...
CROSBY Research – YesAsia (2209 HK): Riding on the growing K-Beauty popularity
09 Apr 2024 YesAsia’s FY23 revenue increased by 56.6% YoY to US$201m, driven by i) ...
CROSBY Research – EVA Holdings (838 HK): Auto equipment drove FY23 growth
08 Apr 2024 Facing the on-going uncertain international market, geopolitical condition and interest rate hikes ...
CROSBY Research – China Lesso (2128 HK/BUY): New business venture to foster future growth
05 Apr 2024 2023 was a recovery year for China Lesso from the pandemic outbreak ...
CROSBY Research – Xiabuxiabu (520 HK/BUY): FY23 net loss narrowed on higher revenue and GPM
05 Apr 2024 Xiabu’s FY23 revenue was up by 25.3% YoY to Rmb5,918m, mainly driven ...
CROSBY Research – China Suntien Green Energy (956 HK/BUY): Increasing capex in FY24
02 Apr 2024 FY23 revenue was up by 9.3% YoY to Rmb20.3bn, mainly due to ...
CROSBY Research – Anta Sports (2020 HK/BUY): FY23 NP up by 35% YoY, better than expected
28 Mar 2024 Anta’s FY23 revenue was up by 16.2% YoY to Rmb62.36bn driven by ...
CROSBY Research – Canvest Environmental (1381 HK/BUY): Topline down 40% on fewer construction projects
27 Mar 2024 FY23 revenue decreased by 39.6% YoY to HK$4.98bn, mainly due to 1) ...
CROSBY Research – Natural Food International (1837 HK/BUY): Better than expected FY23 results
27 Mar 2024 NFI’s FY23 topline was up by 7% YoY to Rmb1,845m. Offline sales, ...
CROSBY Research – Q-Tech (1478 HK/BUY): Revenue growth turned around and GPM bottomed out in 2H23; expect product mix improvement persist into FY24
27 Mar 2024 After three consecutive declines of its semi-annual revenue, Q-Tech reported a turnaround ...
CROSBY Research – WL Delicious (9985 HK): Expects a >15% YoY sales growth in FY24
25 Mar 2024 WL Delicious ‘s FY23 revenue increased by 5.2% YoY to Rmb4.87bn. Offline ...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 55)
25 Mar 2024 According to Reuters, China has introduced guidelines to phase out US microprocessors ...
CROSBY Research – Sunny Optical (2382 HK/BUY): Conservative HLS/ HCM shipment and GPM guidance, but product mix improvement may be upside surprise
25 Mar 2024 After four consecutive declines of its semi-annual revenue, Sunny reported a turnaround ...
CROSBY Research – Tai Hing (6811 HK): Turnaround in FY23 with a generous payout ratio
25 Mar 2024 Tai Hing’s FY23 revenue increased by 20.1% YoY to HK$3.21bn, with revenues ...
CROSBY Research – Vincent Medical (1612 HK/BUY): Achieving financial turnaround in FY23
21 Mar 2024 Vincent Medical’s FY23 turnover (VM) amounted to HK$718.0m, representing a YoY increase ...
CROSBY Research – Xiaomi Corporation (1810 HK): Solid 4Q23 core business recovery; launching of new EV will be near-term catalyst
21 Mar 2024 Xiaomi reported 4Q23 results, with its revenue up 10.9% YoY to Rmb73.2bn, ...
CROSBY Research – Xtep International (1368 HK/BUY): Inline FY23 results ; Saucony achieved profitability
19 Mar 2024 Xtep’s FY23 revenue was up by 10.9% YoY to Rmb14,346m, mainly driven ...
CROSBY Research – China Lilang (1234 HK): Expects at least 15% retail sales growth in FY24
19 Mar 2024 The company reported a 14.8% YoY increase in topline to Rmb3,544m in ...
CROSBY Research – Wasion Holdings (3393 HK/BUY): Strong FY23 NP growth on solid revenue growth and GPM improvement
18 Mar 2024 Following the positive profit alert issued in Feb, it is no surprise ...