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股价腰斩后,东方甄选两日涨超27%,机构分歧明显
Core Viewpoint - After a significant drop in stock price, Oriental Selection's shares have rebounded over 27% in two days, indicating market volatility and differing institutional views on the company's future prospects [1][2]. Group 1: Stock Performance - On September 18, Oriental Selection's stock rose over 16%, closing at 26.92 HKD, with a trading volume of 31.97 billion HKD, following a previous day's increase of 9.56% [1]. - The stock price has decreased over 50% since reaching a peak on August 19 [1]. Group 2: Analyst Predictions - Citigroup has revised its revenue forecasts for Oriental Selection down by 36%, 31%, and 30% for the fiscal years 2025 to 2027, while also lowering profit forecasts by 69%, 30%, and 26% [1]. - Goldman Sachs has adjusted its GMV forecasts down by 1% to 3% for 2026 to 2027, while increasing revenue forecasts by up to 10% due to a rise in self-branded product contributions [2]. Group 3: Financial Performance - For the fiscal year 2025, Oriental Selection reported a net profit of only 6.19 million RMB, a 97.5% decline from 24.9 million RMB in the previous year [3]. - Total revenue for the fiscal year 2025 was 4.4 billion RMB, down 32.7% from 6.5 billion RMB in 2024 [3]. - The company's total revenue cost decreased by 38.2% to 3 billion RMB in 2025, primarily due to reduced inventory and logistics costs from lower GMV [3].