Macquarie: Under the tariff scenario, the local brands in the sportswear industry are entering a phase of Global Strategy opportunities.
The bank stated that the issue of overcapacity in China's athletic shoe production is controllable, and is bullish on local brands in China, with ANTA SPORTS (02020) being the first choice.
Sustainable products account for over 30%, Anta aims for Carbon Neutrality by 2050.
Explore the sustainability of 'sustainability' itself.
CICC: Maintain ANTA SPORTS (02020) outperforming industry rating with a Target Price of HKD 120.92.
Anta Group has been upgraded three levels to an A rating on the MSCI ESG rating for two consecutive years and was selected for the Dow Jones Leading Emerging Markets Index for the first time, becoming the only footwear and apparel company among the six mainland Chinese enterprises.
ANTA Sports Products' (HKG:2020) Five-year Earnings Growth Trails the 8.7% YoY Shareholder Returns
A wave of buybacks in Hong Kong stocks, with 172 listed companies repurchasing 53.7 billion, and the buybacks have been continually increasing in recent years.
① A wave of stock buybacks has been sparked in the Hong Kong stock market, with 172 listed companies having implemented buybacks totaling 53.708 billion HKD; ② The main players in Hong Kong stock buybacks remain leading companies in the Internet and financial sectors, but some pharmaceutical and Consumer firms have also increased their buyback efforts.
Hong Kong stocks are experiencing fluctuations | Sporting Goods stocks are rising as the Sports Industry welcomes Bullish news recently, and the penetration rate of domestic sports shoes and clothing is expected to accelerate.
The sporting goods stocks collectively rose. As of this report, POU SHENG INT'L (03813) increased by 4.35%, trading at 0.48 HKD; XTEP INT'L (01368) rose by 4.25%, trading at 4.91 HKD; TOPSPORTS (06110) went up by 3.2%, trading at 2.9 HKD.
[Brokerage Focus] The Pacific Securities maintains a "Buy" rating on ANTA SPORTS (02020), as the logic of long-term prosperity in the sports Industry remains unchanged.
Jinwu Financial News | The Pacific Securities issued a research report indicating that ANTA SPORTS (02020) recently announced the Company Business Data for Q1 2025, with overall revenue growth in double digits. In particular, ANTA/FILA/Other brands (including Descente, Kelong, MAIA) have achieved year-on-year growth in high single digits, high single digits, and 65%-70% respectively, with revenue performance exceeding expectations. The firm stated that the logic of the long-term high prosperity of the sports Industry remains unchanged, with differentiated Consumer behavior. In this context, the high cost-performance ratio of the mass market and the niche, beautiful segments work in parallel. As a multi-brand sports goods group, the major brands under the group are all in leading positions in their respective segments.
Minyin International: Maintaining a "Buy" rating for ANTA SPORTS (02020) with a Target Price of 112 HKD.
The bank believes that in the next 3-5 years, Wolf Claw China is expected to replicate the group’s successful experience, reaching a scale of 3-5 billion.
【Brokerage Focus】 Northeast Securities: ANTA SPORTS (02020) Q1 revenue exceeded expectations, maintaining a "Buy" rating.
Jinwu Financial News | Northeast Securities released a Research Report indicating that ANTA SPORTS (02020) showed outstanding operational performance in the first quarter of 2025, with multiple brands' revenue growth exceeding expectations. Especially, the outdoor brand's layout has progressed further, showcasing the advantages of a multi-brand and Global Strategy. Northeast Securities maintains a 'Buy' rating, expecting the company's revenue from 2025 to 2027 to grow by 10.9%, 9.5%, and 8.7% year-on-year, and the Net income will gradually rebound. ANTA's main brand demonstrated stable growth in the first quarter of 2025, with a high single-digit year-on-year increase in revenue, of which ANTA's bulk goods and ANTA Children's both...
The market continues to rebound with reduced volume, continuously monitoring the rotational opportunities between the CSI Consumer 360 index and self-control.
Track the entire lifecycle of the main Sector.
【Brokerage Focus】FIRST SHANGHAI maintains a Buy rating on ANTA SPORTS (02020), indicating that the acquisition of Jack Wolfskin Business will further enhance the group's competitive advantage.
Jinwu Financial News | FIRST SHANGHAI issued a Research Report indicating that ANTA SPORTS (02020) recorded a high single-digit year-on-year growth in retail sales for its main brand in the first quarter of 2025; among which, bulk products grew at a high single-digit, children's products also saw a high single-digit growth, and e-commerce grew in the low double digits. The inventory-to-sales ratio is below 5. The discount rate is approximately 72%, with online discounts slightly higher but still within a controllable range. The retail sales of the FILA brand maintained positive growth, with a year-on-year increase in high single digits, continuing to exceed market expectations. Among these, bulk products grew in the mid-single digits, children's products grew in the low double digits, trendy brands grew in the mid-double digits, and e-commerce grew by more than 20%. The inventory-to-sales ratio is around above 5.
Analysts Are Bullish on These Consumer Cyclical Stocks: JD (JD), ANTA Sports Products (ANPDF)
[Brokerage Focus] Sealand: ANTA SPORTS plans to acquire Wolf Claw to accelerate internationalization, maintaining a Buy rating.
Jinwu Financial News | Sealand has released a Research Report indicating that ANTA SPORTS (02020) had a stable Operation performance in the first quarter of 2025, with all its brands recording positive growth. Additionally, the company plans to acquire the European outdoor brand Jack Wolfskin, further accelerating its internationalization process. Based on the company's solid Operation status and the improvement of its brand matrix, Sealand maintains a 'Buy' rating for ANTA SPORTS. The report shows that in the first quarter of 2025, the ANTA brand recorded high single-digit positive growth year-on-year, and the FILA brand also achieved high single-digit positive growth, continuing the improvement trend. In addition, all Other brands recorded a year-on-year increase of 6.
Zhitong Decision Reference | The Hang Seng Index stabilizes and rebounds, new expectations may arise in the Semiconductors Industry.
The tariff war initiated by the USA has had a significant impact on the global stock market. Although the Hang Seng Index also dropped to the annual line, it stabilized and rebounded afterward.
Hong Kong stock concept tracking | USA's tariff policy may heavily damage Asia's Outfits and textile industry, with Orders gradually concentrating on leading enterprises overseas (including concept stocks).
The textile and Outfits Industry will accelerate clearing out, and Orders will gradually concentrate on leading enterprises with overseas layouts.
ANTA Sports Products Logs Boost in ANTA, FILA-Branded Product Sales
ANTA to Acquire Jack Wolfskin Operator
Nomura Adjusts Anta Sports Products' Price Target to HK$121.80 From HK$131.30, Keeps at Buy
Anta bets on the next "origin bird".
Fill the gap in outdoor activities for the general public.
DBS Sticks to Its Buy Rating for ANTA Sports Products (ANPDF)