① miniso's revenue in the third quarter increased by about 20%, how has the overall performance been this year? ② tongdao liepin's profits increased by about 126% year-on-year in the first nine months, what factors drove this?
Cailian Press, November 29 (Editor: Feng Yi) brings you today's important announcements from the Hong Kong stock market.
1) Company News
Meituan-W (03690.HK): Revenue for the third quarter is 93.577 billion yuan, a year-on-year increase of 22.4%; net income is 12.865 billion yuan, a year-on-year increase of 258%; adjusted EBITDA is 14.529 billion yuan, a year-on-year increase of 134.8%.
The announcement states that the order volume for instant delivery in the third quarter increased by 14.5% year-on-year, with both flash purchase users and transaction frequency achieving double-digit year-on-year growth; the order volume for in-store hotel and travel business exceeded 50% year-on-year growth; revenue from new business segments increased by 28.9% to 24.2 billion yuan year-on-year.
Miniso (09896.HK): Revenue for the first three quarters is 12.281 billion yuan, a year-on-year increase of 22.8%; profit is 1.826 billion yuan, a year-on-year increase of 11.6%. This is mainly due to an 18.5% year-on-year increase in the average number of stores at the group level and low single-digit growth in same-store sales. Among them, revenue for the third quarter is 4.523 billion yuan, a year-on-year increase of 19.3%; profit is 0.648 billion yuan, a year-on-year increase of 4.9%.
The announcement states that the growth in performance is mainly due to an 18.5% year-on-year increase in the average number of stores at the group level and low single-digit growth in same-store sales. As of September 30, 2024, the number of Miniso stores is 7,186, with a net increase of 773 stores in the first nine months.
Tongdao Liepin (06100.HK): Revenue for the first nine months is approximately 1.517 billion yuan, with net income of 91.288 million yuan, a year-on-year increase of 126.56%. Revenue for the third quarter is approximately 0.503 billion yuan, with net income of 45.955 million yuan, a year-on-year increase of 43.64%.
As of September 30, 2024, the number of verified enterprise users on Tongdao Liepin is approximately 1.401 million, a year-on-year increase of 10.9%; registered individual users have reached 0.1034 billion, a year-on-year increase of 12.2%; the average monthly active users for the quarter increased by 11.5% year-on-year.
LK Tech (00558.HK): Announced its interim results for the six months ended September 30, 2024, with revenue of 2.594 billion HKD and net income of 0.148 billion HKD. During the period, continued research and development of over 10,000 tons dual-press die casting machines and TPI semi-solid magnesium alloy die casting machines, both of which are industry firsts.
China Gas Hold (00384.HK): Announced its interim results for the six months ended September 30, 2024, with revenue of approximately 35.105 billion HKD and net income of approximately 1.761 billion HKD.
Perfect Medical (01830.HK): Released interim results, with revenue of 0.62 billion HKD, down 13.6% year-on-year; net income of 0.141 billion HKD, down 15.4% year-on-year.
The announcement states that the medical beauty business remains the main driver of the group's revenue, contributing 73.3% of total sales; the average spending per medical beauty service customer has decreased by 36.6% year-on-year to 17,243 HKD.
Asia Standard (00129.HK): Announced its interim results for the six months ended September 30, 2024, with revenue of 1.583 billion HKD, a year-on-year increase of 76%; recorded a loss of 0.386 billion HKD, narrowing by 58% year-on-year.
Suteng Juchuang (02498.HK): Revenue for the first nine months reached 1.135 billion RMB, an increase of 91.51% year-on-year; recorded a loss of 0.351 billion RMB, narrowing by 69.03% year-on-year.
As of September 30, 2024, the group sold approximately 0.3819 million units of lidar products, 0.3658 million units of lidar products for ADAS applications, and 0.0161 million units of lidar products for robots and others, with year-on-year increases of approximately 259.6%, 292.9%, and 22.9% respectively.
China Chunlai (01969.HK): announced annual results for the year ending August 31, 2024, with revenue of 1.631 billion yuan, an increase of 8.9% year-on-year; profit for the year was 0.778 billion yuan, an increase of 13.7% year-on-year.
Edvantage Group (00382.HK): announced annual results for the year ending August 31, 2024, with revenue of 2.312 billion yuan, an increase of 17.2% year-on-year; net income was 0.715 billion yuan, an increase of 15.6% year-on-year.
Persistence Res (02489.HK): revenue for the first nine months was 0.365 billion yuan, an increase of 28.64% year-on-year; profit was 85.572 million yuan, an increase of 61.13% year-on-year. This is mainly attributed to an increase of about 22.5% in average selling prices and a 5% increase in sales volume.
Able Eng Hldgs (01627.HK): announced interim results with revenue of approximately 3.947 billion HKD, an increase of 30% year-on-year; net profit was 99.893 million HKD, a year-on-year increase of 60.77%.
Yangtzekiang (00294.HK): announced interim results with revenue of 75.301 million HKD, a decrease of 23% year-on-year; net loss was 31.773 million HKD, an increase of about 73% year-on-year.
Joy City PPT (00207.HK): total contract sales area for the first nine months was approximately 0.5309 million square meters, with total sales amounting to about 16.612 billion yuan.
2) Repurchase Dynamics
Tencent (00700.HK): spent 0.7 billion HKD to repurchase 1.76 million shares at a repurchase price of 395.0-402.4 HKD.
AIA (01299.HK): Spent 0.408 billion Hong Kong dollars to repurchase 7 million shares, with a repurchase price of 57.8-58.7 Hong Kong dollars.
Sinopec Corp (00386.HK): Spent 44.2062 million Hong Kong dollars to repurchase 10.6 million shares, with a repurchase price of 4.16-4.2 Hong Kong dollars.
COSCO Shipping Holdings (01919.HK): Spent 11.9354 million Hong Kong dollars to repurchase 1.1 million shares, with a repurchase price of 10.78-10.94 Hong Kong dollars.
Sinotrans Limited (00598.HK): Spent 9.9934 million Hong Kong dollars to repurchase 3.055 million shares, with a repurchase price of 3.25-3.34 Hong Kong dollars.