Core Viewpoint - IFBH (06603.HK) has successfully listed on the Hong Kong stock market, experiencing a significant increase of 40.29% in share price, reaching a market capitalization of HKD 10.4 billion [1] Company Overview - IFBH's founder, Pongsak, comes from a prominent Thai family with a strong background in manufacturing, real estate, and hospitality [7] - The company began its operations in Thailand in 2011, focusing on food and beverage, and launched its coconut water brand "if" two years later, which has become a key product [7] Financial Performance - The company is projected to see robust growth in its financial performance, with revenue expected to rise from USD 8.74 million in 2023 to USD 15.76 million in 2024, marking an increase of 80.3% [5] - Gross profit is anticipated to grow from USD 3.03 million to USD 5.79 million, reflecting a 90.7% increase, and improving gross margin from 34.7% to 36.7% [5] - Net profit is expected to surge by 98.9%, increasing from USD 1.68 million to USD 3.33 million, with net profit margin rising from 19.2% to 21.1% [6] Market Demand - The company's performance is significantly influenced by the global demand for health beverages and snacks, particularly coconut water, which accounted for over 85% of international revenue in 2022 [6] - The sales of coconut water are projected to represent 93.8% and 95.6% of total revenue in 2023 and 2024, respectively [6] Shareholder Information - The cornerstone investors for IFBH include major financial institutions such as UBS Group, Southern Fund, and GF International, among others [7] - Daohe Chengguang Private Equity, a client of CITIC Securities International, participated in the international placement, acquiring 846,800 shares valued at HKD 23.54 million [3][4]
农夫山泉钟睒睒持股私募打新椰子水公司IFBH 获84.68万股