Company Overview - Ying Tong Holdings (06883) is the largest perfume brand management company in mainland China and the Hong Kong-Macau region, with revenue primarily derived from the sale of external brands' perfumes, skincare, cosmetics, and personal care products [1] - As of March 31, the company manages a total of 72 external brands, including internationally recognized names such as Hermès, Van Cleef & Arpels, Chopard, Albion, and Laura Mercier [1] - The company provides a comprehensive sales and distribution network covering a wide range of channels for perfumes, skincare, cosmetics, personal care products, eyewear, and home fragrances in China, including Hong Kong and Macau [1] Industry Insights - According to a report by S&P Global, the Chinese perfume market is expected to experience an average annual growth rate of 14% from 2023 to 2028 [2] - As the third-largest perfume group by sales in Greater China, Ying Tong Holdings is positioned to benefit from this market growth [2] - Analysts predict that for the fiscal year ending March 2026, the company's sales and net profit will grow by 17% and 27%, respectively [2] - From fiscal years 2026 to 2028, the compound annual growth rates for sales and net profit are expected to reach 16% and 25%, respectively, with net profit margin increasing from 11.1% in fiscal 2026 to 13% in fiscal 2028 [2] - The growth is attributed to market share expansion in perfumes and other categories, as well as the expansion of direct-to-consumer (DTC) channels [2]
港股异动 | 颖通控股(06883)尾盘涨超6% 公司为中国第三大香水集团 直接受惠香水市场高速增长