CROSBY Research – Miniso (9896 HK/NR): Steady growth with expanding GPM
08 Jan 2025 Miniso’s 9MFY24 revenue reported at Rmb12.3bn, up 22.8%, driven by i) an...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 72)
6 January 2025 China’s Caixin/S&P Global services PMI rose to 52.2 in Dec, up from...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 71)
9 December 2024 China’s consumer inflation falls short and hits 5 months low...
CROSBY Research – Wasion Holdings (3393 HK/ BUY): 3rd tender win indicated strong demand for smart meters
3 December 2024 Wasion announced that the company has won contracts from State Grid’s third...
CROSBY Research – Man Wah Holdings (1999 HK/NR): 1HFY25 NP increased by 0.3% YoY on higher GPM and lower SG&A ratio
27 Nov 2024 Man Wah reported its Sept-ended 1HFY25 results with top line decreased by...
CROSBY Research – SunArt Retail (6808 HK/NR): Bottom line turnaround in 1HFY25
19 Nov 2024 SunArt’s 1HFY25 (Sep-end) revenue was down by 3% YoY to Rmb34.7bn, mainly...
CROSBY Research – Precision Tsugami (China) (1651 HK/ BUY): A solid set of 1H25 results
14 November 2024 Precision Tsugami (China) (PTC) announced its 1H25 (Yr ended Mar) results with...
CROSBY Research – Pentamaster International (1665 HK/ BUY): Medical devices’ growth momentum remained strong in 9M24
8 November 2024 Amid the escalating geopolitical issues coupled with the uncertainty in global trades...
CROSBY Research – Sany Heavy Equipment (631 HK/ NR): GPM erosion dented NP growth in 9M24
4 November 2024 Sany Heavy announced its 3Q24 business update with revenue increased 0.5% YoY...
CROSBY Research – Suntien (956 HK/BUY): 3Q24 revenue up 18.7% YoY
04 Nov 2024 Suntien reported its 3Q24 P/L and operating data, with 3Q24 revenue up...
CROSBY Research – Xtep (1368 HK/BUY): Good sales growth in October MTD
25 Oct 2024 Xtep announced its 3Q24 operational results, with retail sales for its Xtep...
CROSBY Research – Precision Tsugami (China) (1651 HK/ BUY): Anticipating a good 1H25
22 October 2024 Precision Tsugami (China) (PTC) issued a positive profit alert citing that the...
CROSBY Research – 361 Degrees (1361 HK/BUY): Robust sales growth in National Day Golden Week
18 Oct 2024 361 Degrees announced its 3Q24 operational results, with offline retail sales for...
CROSBY Research – Wasion Holdings (3393 HK/ BUY): Sizable order backlog offers promising outlook
15 October 2024 Wasion has won contracts in the second tender on procurement of meeting...
CROSBY Research – Anta Sports (2020 HK/BUY): Robust sales growth in National Day Golden Week
15 Oct 2024 Anta announced its 3Q24 operational results, with retail sales for its Anta...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 68)
14 Oct 2024 Asian stocks swung between gain and loss on Monday as investors struggled...
CROSBY Research – Crosby Bi-noculars (Bi-weekly Issue 67)
03 October 2024...
CROSBY Research – Be Friends (1450 HK/NR): Expects a 30-40% YoY sales growth in FY24
03 Oct 2024 BFH 1H24 revenue increased by 43.8% YoY to Rmb622m, with its new...