Group 1 - The core viewpoint of the article highlights that Wei Long Mei Wei (09985) has seen a stock price increase of over 3%, currently trading at 12.5 HKD with a transaction volume of 23.37 million HKD [1] - Goldman Sachs' research report indicates that during a recent meeting with Wei Long Mei Wei's management, they emphasized a revenue growth forecast of over 15% year-on-year for the fiscal year 2025, with a net profit margin expected to be between 18% and 20% [1] - The management anticipates steady growth in konjac products this year, while the flavored noodle products are expected to recover growth through the launch of innovative products and channel expansion [1] Group 2 - According to Aijian Securities, konjac products have high plasticity and good flavoring properties, making them naturally suitable for diverse seasoning, which opens up growth opportunities through flavor innovation [1] - The marginal cost of flavor iteration for konjac is low, while the marginal returns are considerable, indicating that the growth potential of konjac depends more on innovation capability rather than industry cycles [1] - The cost of konjac flour is expected to rise significantly in 2024, with the gross profit margin of vegetable products declining by 6 percentage points year-on-year due to high prices [1] Group 3 - The increase in prices has stimulated upstream farmers' planting enthusiasm, leading to an expansion in planting area [1] - As new production capacity is gradually released by 2025, a downward cycle in konjac flour costs is anticipated in 2026 [1]
港股异动 | 卫龙美味(09985)涨超3% 管理层展望今年魔芋产品可实现稳健增长 口味创新打开增长空间