Anta Daily Disclosed Earnings Per Share Increased By 289.7%

On the 12 day, Anta Sports Products Limited listed in Hongkong (Stock Code: 2020) disclosed the company's performance report in the first half of the year.

The report shows that as of June 30th this year, Anta's revenue and operating performance in the first half of the year exceeded its annual performance last year.

Among them, the turnover was as high as 1 billion 497 million 700 thousand yuan, an increase of 203.1% over the same period last year, and a basic profit of 11.3 points per share, an increase of 289.7%.

Anta China (HK:2020) opened yesterday at HK $9.200, the highest price of HK $9.250, the lowest price of HK $8.510, closing at HK $8.75.

In the first half of the year, the investment in brand promotion and sponsorship was 12.2%, compared with 9.8% in the same period last year, and the R & D expenses increased from 0.4% in the first half of last year to 2.3% in the first half of last year.

A total of 458 retail outlets were added, 169 retail outlets were rebuilt, 328 retail outlets were closed, and 130 retail outlets were added.

By the first half of the year, the company has managed and operated 4238 Anta brand franchise retail stores across China through 39 distributors, and is expected to increase to about 4500 within the year.

In addition to expanding retail outlets, Anta expects to open several retail sports cities in the second half of the year.

At that time, Anta, Adidas, Reebok and other brands will be sold in the same city.

Anta officials believe that the move will bring new sources of revenue to Anta, strengthen its business integration and enhance its ability to respond quickly to fashion trends.

In the international market, next year, based on Southeast Asia, we will continue to strengthen our efforts to enter the Middle East and Europe, and will actively sign overseas resources to participate in some international large-scale exhibitions.

Lining and Anta were recommended by many brokerages to recommend both domestic Anta and Lining sporting goods listed companies.

Morgan Stanley issued a research report, the first track of Anta sports, the investment rating is "overweight", the target price of 9.62 yuan; another to Lining (2331-HK) rating as "neutral", the target price of 23.5 yuan.

The main reason is that the two companies have already made preparations for the integration of the mainland sporting goods market, and both have high brand awareness and good financial condition.

Morgan Stanley believes that the mainland brand sports apparel industry and the footwear industry are attractive, mainly due to China's per capita GDP increase, which is more concerned about health and enthusiasm for Olympic Games. It should support consumers' spending on stylistic durable goods.