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开源证券-商贸零售行业周报:吉宏股份预告高增长,关注三季度高景气赛道公司-250928
Xin Lang Cai Jing· 2025-09-28 15:52
Group 1 - Jihong Co., Ltd. expects a net profit attributable to shareholders of 209-222 million yuan for Q3 2025, representing a year-on-year increase of 55-65% [1] - The company's Q3 net profit is projected to be 91-104 million yuan, reflecting a growth of 47-68% [1] - The strong performance is driven by dual main businesses: cross-border e-commerce and packaging, benefiting from market expansion and brand development [1] Group 2 - The cross-border e-commerce segment leverages AI algorithms for precise customer targeting, creating a "goods find people" model distinct from traditional platforms [1] - The packaging business enhances operational efficiency through long-term partnerships with industry leaders and experiences a surge in demand due to the food-grade packaging needs from the food delivery sector [1] - The company is positioned for high-quality growth through digitalization and globalization strategies in both main business areas [1] Group 3 - The retail sector index reported a decline of 4.32% this week, underperforming the Shanghai Composite Index, which increased by 0.21% [7] - Among retail sub-sectors, the branded cosmetics segment experienced the smallest decline, while the watch and jewelry sector has been leading since the beginning of 2025 [7] - Notable stock performances include Ningbo Zhongbai (+24.7%), Jihong Co., Ltd. (+16.7%), and Xinghui Co., Ltd. (+10.5%) [7]