CROSBY Research – SunArt Retail (6808 HK/NR): Turnaround in FY25
23 May 2025 SunArt’s FY25 (Mar-end) revenue was down by 1.4% YoY to Rmb71.6bn, mainly...
CROSBY Research – Man Wah (1999 HK/NR): FY25 adj. NP increased by 1.3% YoY on higher GPM
20 May 2025 Man Wah reported its Mar ended FY25 results with top line declined...
CROSBY Research – Haier (6690 HK/NR): 1QFY25 adjusted NP up 15.6% YoY
09 May 2025 Haier announced its 1QFY25 quarterly results, with operating revenue increased by 10.1%...
CROSBY Research – Wasion Holdings (3393 HK/ BUY): Expanding global manufacturing facilities’ footprint
2 May 2025 Wasion announced that both Indonesian and Malaysian facilities have commenced operation in...
CROSBY Research – Xtep (1368 HK/BUY): New brands continue to enjoy high YoY growth
29 Apr 2025 Xtep announced its 1Q25 operational results, with retail sales for its Xtep...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 78)
28 April 2025...
CROSBY Research – Precision Tsugami (China) (1651 HK/ NEUTRAL): An even better FY25
25 April 2025 Precision Tsugami (China) (PTC) issued a positive profit alert citing that the...
CROSBY Research – Xin Point (1571 HK/ NR): Warnings on the impact of US tariff
22 April 2025 Since the President Trump’s second presidency has initiated, a series of steep...
CROSBY Research – 361 Degrees (1361 HK/BUY): Double digit sales growth in 1Q25
15 Apr 2025 361 Degrees announced its 1Q25 operational results, with offline retail sales for...
CROSBY Research – Anta (2020 HK/BUY): Robust 1Q25 sales growth, plans to acquire Jack Wolfskin
14 Apr 2025 Anta announced its 1Q25 operational results, with retail sales for its Anta...
CROSBY Research – China Lesso (2128 HK/ BUY): A tough FY24
1 April 2025 Operating against the backdrop of volatile market environment; escalating geopolitical issue and...
CROSBY Research – Sunny Optical (2382 HK/BUY): Vehicle and Handset segments continue to drive growth in FY25
27 Mar 2025 Sunny Optical’s FY24 revenue was up by 20.9% YoY to Rmb38.3bn, driven...
CROSBY Research – Anta (2020 HK/BUY): Outdoor brands have surpassed Rmb10bn in revenue in FY24
25 Mar 2025 Anta’s FY24 revenue was up by 13.6% YoY to Rmb70.83bn driven by...
CROSBY Research – Wasion Holdings (3393 HK/ BUY): FY24 results beat expectation
28 March 2025 Wasion announced its FY24 results with NP increased by 35.4% YoY to...
CROSBY Research – Q-Tech Group (1478 HK/ NEUTRAL): FY24 product mix continued to improve, expecting further enhancement
26 March 2025 On the back of the strong increase in demand for camera modules...
CROSBY Research – Xtep (1368 HK/BUY): Inline FY24 results; Expect stable growth this year
21 Mar 2025 Xtep’s FY24 revenue was up by 6.5% YoY to Rmb13,577m, mainly driven...
CROSBY Research – TK Group (2283 HK/ NR): Solid top and bottom-line growth in FY24
19 Mar 2025 TK Group’s (TKG) FY24 revenue amounted to HK$2.4bn, representing a YoY increase...
CROSBY Research – 361 Degrees (1361 HK/BUY): Inline FY24 results, expects double-digit growth in FY25
13 Mar 2025 FY24 revenue was up 19.6% YoY to Rmb10.1bn, with core brand retail...
CROSBY Research – Impro Precision Industries (1286 HK/ NR): High horsepower engine and aerospace end-market sustained FY24 growth
12 March 2025 Impro Precision’s FY24 revenue amounted to HK$4.7bn, representing a marginal growth of...