Core Viewpoint - IFBH Limited, the parent company of "if coconut water," has successfully listed on the Hong Kong Stock Exchange, experiencing a significant surge in stock price on its debut, reflecting strong market interest and investor confidence in the coconut water segment [1][2]. Company Overview - IFBH Limited is a Thailand-based ready-to-drink beverage and ready-to-eat food company, established in 2013, and is a leader in introducing natural coconut water to the Chinese mainland market [2][3]. - The company's flagship brands include "if" and "Innococo," with "if" focusing on natural Thai beverages and "Innococo" providing healthy alternatives to traditional sports drinks [2]. Market Performance - On its first trading day, IFBH's stock opened at 43.9 HKD, a 57.91% increase from the issue price of 27.8 HKD, reaching a market capitalization close to 120 billion HKD [1][2]. - The stock closed at 39.5 HKD, reflecting a 42.09% increase, with a trading volume of 38.91 million shares [2]. Financial Performance - For the fiscal years 2023 and 2024, IFBH reported revenues of 87.44 million USD and 158 million USD, respectively, with net profits of 16.75 million USD and 33.32 million USD [3]. - In 2024, 92.4% of the company's revenue is expected to come from the Chinese mainland, while 4.6% will come from Hong Kong [3]. Market Potential - The ready-to-drink soft drink market in the Greater China region is projected to reach a market size of 138.4 billion USD by 2024, with a compound annual growth rate (CAGR) of 7.1% [5]. - Coconut water is anticipated to be the fastest-growing segment within this market, with expected growth from 1.0933 billion USD in 2024 to 2.6518 billion USD by 2029, representing a CAGR of 19.4% [6].
肖战代言的“if椰子水”上市首日股价飙超65%
Mei Ri Shang Bao·2025-06-30 23:29