Core Viewpoint - Guoquan (02517) has shown a significant increase in stock price, attributed to the successful implementation of its "Community Central Kitchen" strategy, leading to substantial growth in store openings and revenue [1] Group 1: Business Performance - In Q3 2025, Guoquan added 361 new stores, representing a year-on-year growth of 98%, bringing the total number of stores to 10,761 as of September 30, 2025 [1] - The company reported an estimated revenue of approximately RMB 1.85 billion to RMB 2.05 billion for Q3 2025, reflecting a year-on-year growth of about 13.6% to 25.8% [1] - Core operating profit for Q3 2025 is estimated to be between RMB 65 million and RMB 75 million, showing a year-on-year increase of approximately 44.4% to 66.7% [1] Group 2: Market Outlook - Huatai Securities expresses optimism regarding Guoquan's growth driven by category expansion, membership system development, and refined operations, with same-store sales continuing to show strong growth [1] - The company is on track to meet its goal of opening 1,000 new stores by the end of the year, supported by the net addition of 361 stores in Q3 [1] - The core advantages of "efficient supply chain + self-developed popular products + scale of ten thousand stores" are becoming increasingly evident, leading to a maintained "buy" rating from analysts [1]
锅圈涨近4% Q3公司净增361家门店 核心经营利润同比增长约44.4%至66.7%