Group 1 - The new consumption concept stocks in the Hong Kong market are experiencing a rebound, with significant price increases observed in several companies [1] - "沪上阿姨" (02589.HK) saw its stock price rise by over 10% during trading [1] - "泡泡玛特" (09992.HK) increased by 10.2%, while "布鲁可" (00325.HK) rose by more than 7% [1] Group 2 - Other companies such as "古茗" (01364.HK) and "锅圈" (02517.HK) experienced nearly 5% increases in their stock prices [1] - "蜜雪集团" (02097.HK) also saw its stock price rise by over 4% [1]

Core Viewpoint - The Hong Kong tea beverage stocks experienced a significant rise, with notable increases in share prices for several companies, particularly "沪上阿姨" which saw a surge of over 10% during trading [1][4]. Group 1: Stock Performance - "沪上阿姨" shares rose by 8.47%, reaching a price of 96.700, with an increase of 7.550 [2][5]. - "古茗" shares increased by over 4% [1][4]. - "蜜雪集团" shares rose by 3.64%, priced at 444.200, with an increase of 15.600 [2][5]. - "茶百道" shares saw a rise of 2.98%, priced at 6.570, with an increase of 0.190 [2][5]. - "奈雪的茶" shares increased by 0.88%, priced at 1.150, with a slight increase of 0.010 [2][5]. Group 2: Company Earnings Forecast - "沪上阿姨" announced an earnings forecast, expecting a net profit of 495 million to 525 million yuan for the year 2025, representing a year-on-year growth of 50% to 60% [2][5]. - The adjusted net profit, which excludes stock payment and listing expenses, is projected to be between 560 million to 590 million yuan, indicating a year-on-year increase of 34% to 41% [2][5].

每经AI快讯，沪上阿姨(02589.HK)盈喜后一度涨超4%，截至发稿涨2.06%，报89港元，成交额704.64万 港元。 （文章来源：每日经济新闻） ...

智通财经APP获悉，沪上阿姨(02589)盈喜后涨超4%，截至发稿，涨2.06%，报89港元，成交额704.64万 港元。 消息面上，1月16日，沪上阿姨发布公告，集团预计于截至2025年12月31日止年度(报告期间)取 得年内溢利约人民币4.95亿元至人民币5.25亿元之间，较去年同期的年内溢利人民币3.29亿元增加约 50%至60%之间。预计集团于报告期间取得经调整年内溢利(非国际财务报告准则计量)附注约人民币5.6 亿元至人民币5.9亿元，较去年同期之经调整年内溢利人民币4.18亿元上升约34%至41%。 董事会相信，上述预期年内溢利及经调整年内溢利增长主要原因为集团坚持多品牌发展战略，以向消费 者提供高质量产品与服务为核心，依托线上线下相结合的全渠道运营模式，通过持续推出新品、丰富消 费场景等方式，更好地满足消费者多元化的需求，实现了门店经营质量的不断提升及门店网络的持续扩 张，有效推动了收入规模的增长。同时，集团聚焦经营效率优化，持续推进降本增效工作，全链路运营 效能的改善进一步带动整体盈利水平提升。 ...

Core Viewpoint - The company,沪上阿姨, expects a significant increase in annual profit for the fiscal year ending December 31, 2025, projecting a profit between RMB 495 million and RMB 525 million, which represents an increase of approximately 50% to 60% compared to the previous year's profit of RMB 329 million [1] Financial Performance - The company anticipates adjusted annual profit (non-IFRS measure) to be between RMB 560 million and RMB 590 million, reflecting an increase of approximately 34% to 41% from last year's adjusted profit of RMB 418 million [1] Strategic Initiatives - The board attributes the expected growth in profit to the company's multi-brand development strategy, focusing on providing high-quality products and services [1] - The company leverages an omnichannel operation model, combining online and offline strategies, to enhance consumer satisfaction and meet diverse consumer needs [1] - Continuous product launches and the expansion of store networks have contributed to improved operational quality and revenue growth [1] Operational Efficiency - The company is focused on optimizing operational efficiency and has been actively pursuing cost reduction and efficiency enhancement initiatives [1] - Improvements in overall operational effectiveness have further driven the increase in profitability [1]

Investment Rating - The investment rating for the company is "Buy" with a current price of HKD 87.20 and a fair value of HKD 121.32 [5]. Core Insights - The company is expected to benefit from both same-store sales growth and expansion, with a 2025 profit forecast slightly exceeding expectations. The projected net profit for 2025 is between RMB 4.95 billion and RMB 5.25 billion, representing a year-on-year growth of 50%-60% [7]. - The management's background in e-commerce has allowed the company to effectively capture the benefits of the takeaway market, enhancing user acquisition and retention capabilities. The main brand is expected to maintain resilience in same-store sales growth [7]. - The company has opened 905 new franchise stores and closed 645 in the first half of 2025, with a net increase of approximately 2,000 stores expected by the end of the year [7]. - The adjusted net profit forecasts for 2025, 2026, and 2027 are RMB 5.7 billion, RMB 6.6 billion, and RMB 7.7 billion, respectively, indicating a clear growth strategy [7]. Financial Summary - Revenue projections for the company are as follows: RMB 3.348 billion in 2023, RMB 3.285 billion in 2024, RMB 4.348 billion in 2025, RMB 4.917 billion in 2026, and RMB 5.719 billion in 2027, with growth rates of 52.3%, -1.9%, 32.4%, 13.1%, and 16.3% respectively [4][11]. - The EBITDA is expected to grow from RMB 610 million in 2023 to RMB 988 million in 2027, with corresponding growth rates of 52.3%, -1.9%, 32.4%, 13.1%, and 16.3% [4]. - Non-GAAP net profit is projected to increase from RMB 416 million in 2023 to RMB 775 million in 2027, with growth rates of 169.8%, 0.4%, 37.5%, 14.6%, and 17.7% [4][11]. - The company maintains a strong return on equity (ROE) of 49.6% in 2023, expected to decrease gradually to 29.8% by 2027 [4][11].

Core Viewpoint - The company expects to achieve a net profit ranging from approximately RMB 495 million to RMB 525 million for the year ending December 31, 2025, representing an increase of about 50% to 60% compared to the net profit of RMB 329 million in the same period last year [1] Group 1: Financial Performance - The company anticipates adjusted net profit (non-IFRS measure) of approximately RMB 560 million to RMB 590 million for the reporting period, which is an increase of about 34% to 41% compared to the adjusted net profit of RMB 418 million in the same period last year [1] - The expected growth in net profit and adjusted net profit is primarily attributed to the company's adherence to a multi-brand development strategy, focusing on providing high-quality products and services [1] Group 2: Operational Strategy - The company leverages an omnichannel operation model that combines online and offline strategies to better meet diverse consumer needs [1] - Continuous introduction of new products and enrichment of consumer scenarios have contributed to the improvement of store operational quality and the ongoing expansion of the store network, effectively driving revenue growth [1] - The company is focused on optimizing operational efficiency and has been actively pursuing cost reduction and efficiency enhancement initiatives, which have further improved overall profitability [1]

Core Viewpoint - The company expects a significant increase in annual profit for the fiscal year ending December 31, 2025, projecting a profit between approximately RMB 495 million and RMB 525 million, representing a growth of about 50% to 60% compared to the previous year's profit of RMB 329 million [1] Financial Performance - The company anticipates adjusted annual profit (non-IFRS measure) to be between approximately RMB 560 million and RMB 590 million, which is an increase of about 34% to 41% from the previous year's adjusted profit of RMB 418 million [1] Strategic Initiatives - The board believes that the expected growth in annual profit and adjusted profit is primarily due to the company's adherence to a multi-brand development strategy, focusing on providing high-quality products and services [1] - The company leverages an omnichannel operational model, combining online and offline strategies, to continuously launch new products and enrich consumer scenarios, thereby better meeting diverse consumer needs [1] Operational Efficiency - The company has been focusing on optimizing operational efficiency and continuously promoting cost reduction and efficiency enhancement initiatives, which have improved overall operational effectiveness and contributed to the increase in profitability [1]

Core Viewpoint - The company expects a significant increase in annual profit for the fiscal year ending December 31, 2025, projecting a profit of approximately RMB 495 million to RMB 525 million, representing a year-on-year increase of about 50% to 60% [1] - The adjusted annual profit (non-IFRS measure) is anticipated to be around RMB 560 million to RMB 590 million, reflecting a year-on-year growth of approximately 34% to 41% [1] Group 1 - The board believes that the expected growth in annual profit and adjusted annual profit is primarily due to the company's adherence to a multi-brand development strategy, focusing on providing high-quality products and services [1] - The company leverages an omnichannel operation model that combines online and offline strategies, continuously launching new products and enriching consumer scenarios to better meet diverse consumer needs [1] - The ongoing improvement in store operational quality and the continuous expansion of the store network have effectively driven revenue growth [1] Group 2 - The company is focused on optimizing operational efficiency and continuously advancing cost reduction and efficiency enhancement initiatives [1] - Improvements in overall operational effectiveness across the supply chain have further contributed to the enhancement of overall profitability [1]

沪上阿姨在港交所公告，基于对本集团截至2025年12月31日止年度未经审核综合管理账目的初步审阅及 可获得的其他资料，本集团预计于报告期间录得年内溢利介乎约人民币495百万元至人民币525百万元， 较去年同期的年内溢利人民币329百万元增加介乎约50%至60%。预计本集团于报告期间录得经调整年 内溢利（非国际财务报告准则计量）约人民币560百万元至人民币590百万元，较去年同期之经调整年内 溢利人民币418百万元上升约34%至41%。 （文章来源：第一财经） ...