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 ...

CROSBY Research – Giordano (709 HK): FY23 NP rose by 29% YoY on higher GPM and operating leverage

18 Mar 2024 FY23 revenue slightly increased by 1.9% YoY to HK$3,873m, mainly supported by ...

CROSBY Research – 361 Degrees (1361 HK/BUY): Solid FY23 results with strong growth from Kids and online segments

14 Mar 2024 FY23 revenue was up 21.0% YoY to Rmb8.4bn, with core brand retail ...

CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 54)

11 Mar 2024 (Bloomberg) Hong Kong’s 10 biggest residential estates saw transactions rise to the ...

CROSBY Research – Concord (182 HK/BUY): Solid FY23 results

08 Mar 2024 CNE’s FY23 revenue was up by 7.8% YoY to Rmb2,589m (excluding the ...

CROSBY Research – JNBY (3306 HK): Net profit increased by 55% YoY on better margins

01 Mar 2024 JNBY announced its FY1H24 interim results, with revenue increased by 26.1% YoY ...

CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 53)

26 Feb 2024 2023 the global economic activities were sluggish. The US Federal Reserve, in ...