CITIC Construction Investment released a research report saying that it covered Mao Geping (01318.HK) for the first time and gave it a “buy” rating. It believes that the company is a local beauty group that combines the triple scarcity of a makeup circuit, high-end positioning, and a strong offline layout. The profitability is leading in the industry. Mao Geping's revenue from 2024 to 2026 is 4.11 billion yuan, 5.581 billion yuan, and 7.374 billion yuan, respectively. The profit forecast is 0.887 billion, 1.181 billion, and 1.543 billion yuan were 33.98%, 33.21%, and 30.61% year-on-year increases.
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中信建投:首予毛戈平“买入”评级
CITIC Construction Investment: First “buy” rating given to Mao Geping
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