Core Insights - Morningstar has awarded China Spring (1969.HK) a 5-star quantitative rating, indicating attractive investment opportunities for investors [1] - The stock's current fair value per share is HKD 7.07, representing an upside potential of over 59% compared to the closing price of HKD 4.44 on August 14 [1] Valuation Metrics - The company's valuation metrics reflect positive market expectations regarding future growth and profitability [1] - The enterprise value to EBITDA ratio stands at 7.3, which is 20% higher than global peers, indicating a relatively low enterprise value compared to EBITDA [1] Financial Performance - For the six months ending February 28, 2025, the company reported mid-term revenue of RMB 891 million, marking a year-on-year growth of 9.4% [1] - Adjusted net profit reached RMB 403 million, with an adjusted net profit margin of 45.2% [1]
晨星：继续给予中国春来(1969.HK)5星量化评级，每股公允价值7.07港元