MAO GEPING (01318) surged over 3%, rising 3.59% to HK$101 with trading volume reaching HK$241 million at the time of reporting.
In terms of fundamentals, MAO GEPING achieved revenue of RMB 25.88 billion in the first half of this year, representing a year-on-year increase of 31.28%. Net profit reached RMB 6.7 billion, up 36.11% compared to the same period last year.
Zheshang Securities commented that the company's first-half performance showed strong growth, expressing optimism about the company's high-end positioning and the scarcity of Eastern aesthetic appeal, with multi-category and multi-channel synergistic development.
China Merchants Securities stated that as a rare high-end positioned makeup artist brand in China, MAO GEPING is in an upward brand momentum phase. In terms of products, the company benefits from blockbuster product drivers and second-tier product matrix layout. For channels, offline stores are steadily expanding while online channel operations are being strengthened, leading to increased repurchase loyalty. The analysts believe the brand still has significant growth potential.