Core Viewpoint - The stock of Laopu Gold (06181.HK) has surged significantly since its listing, reaching a new high of 1035 HKD per share, with a market capitalization exceeding 170 billion HKD, reflecting strong operational performance and market positioning as a high-end brand [1][2][6]. Group 1: Stock Performance - Laopu Gold's stock price increased by 23.89 times from its initial offering price of 40.50 HKD per share to 1008 HKD per share within one year of its listing [5]. - The stock reached a peak of 1035 HKD per share on June 30, 2024, marking a rise of over 18% on that day [2][4]. - The company's market capitalization grew from 6.8 billion HKD at the time of listing to 174.1 billion HKD, an increase of 167.3 billion HKD [6]. Group 2: Financial Performance - Laopu Gold reported a net profit of 4.16 billion CNY in 2023 and 14.73 billion CNY in 2024, representing year-on-year growth of 340.40% and 253.86%, respectively [1][8]. - The company's revenue for 2023 was 31.80 billion CNY, and for 2024, it is projected to be 85.06 billion CNY, showing growth rates of 145.60% and 167.51% [8]. Group 3: Expansion and Market Strategy - The opening of new stores, particularly in high-end locations like Shanghai and Singapore, has significantly contributed to the company's revenue growth [9][10]. - Laopu Gold plans to expand further in Southeast Asia, with analysts predicting a compound annual growth rate of 68% in sales and 76% in net profit from 2025 to 2027 [11]. - The successful launch of the Singapore store is seen as a critical step towards establishing Laopu Gold as a global brand [11].
老铺黄金新店超预期股价再破千 小摩看高预估三年净利复合增长76%