Core Viewpoint - The company, established in 2012, is rapidly growing in the high-performance outdoor apparel market, with significant sales growth projected through 2024, positioning itself among the top local brands in China [3][4]. Company Overview - The company offers a wide range of outdoor apparel and equipment through its flagship brand, focusing on high-performance products for various outdoor activities and urban commuting [3]. - The brand is expected to achieve net sales of RMB 1,733.1 million by 2024, reflecting a compound annual growth rate (CAGR) of 122.2% from RMB 350.9 million in 2022 [3][5]. - The company operates a direct-to-consumer (DTC) multi-channel sales model and has established a loyal customer base among professional athletes and outdoor enthusiasts [3][4]. Product Range - The product portfolio includes clothing and footwear suitable for a diverse customer base, with 572 standard product units (SPUs) as of December 31, 2024 [4]. - The company has developed four product lines under the brand, including Peak Series, Professional Performance Series, Mountain Series, and Classic Series [4]. Industry Growth - The high-performance outdoor apparel market in mainland China is experiencing rapid growth, with retail sales expected to rise from RMB 539 billion in 2019 to RMB 1,027 billion by 2024, representing a CAGR of 13.8% [4]. - The market is projected to reach RMB 2,158 billion by 2029, with a CAGR of 16.0% from 2024 to 2029, making it one of the fastest-growing segments in functional apparel [4]. Financial Performance - The company's revenue for the fiscal years 2022, 2023, and 2024 is projected to be approximately RMB 378 million, RMB 908 million, and RMB 1,766 million, respectively [5][6]. - Net profit for the same periods is expected to be around RMB 24.3 million, RMB 151.9 million, and RMB 283.1 million, indicating strong profitability growth [5][6].
新股消息 | 伯希和递表港交所 近两年净销售额复合年增长率达122.2%
智通财经网·2025-04-28 03:42