华兴资本报告中称，每日优鲜在中国快速变化的社区零售业中抓住了机遇。艾瑞咨询（iResearch）的数据显示，社区零售业主要由传统超市、生鲜市场和杂货店组成，按零售价值计算，2020年其市场规模接近12万亿元人民币，预计到2025年其年复合增长率将达到5.7%。在技术发展和消费者行为变化的驱动下，一种随需应变的DMW（分布式迷你仓库）零售模式出现彻底颠覆了整个行业。而根据iResearch的数据，2020年GMV仅为340亿元人民币，预计到2025年，按需DMW零售市场将增长近10倍，至3070亿元人民币。Financial Network reported on July 22 that today Huaxing Capital released a daily premium coverage report, giving a buying rating, with a target price of 17.59 US dollars.
Huaxing Capital said that driven by technological development and changes in consumer behavior, China's community retail market is expected to grow from 34 billion yuan in 2020 to 307 billion yuan in 2025. Currently, Daily Fresh has a 28% market share in the Chinese community retail market, and is expected to achieve rapid growth driven by planned expansion. The Huaxing Capital Research Report gave Daily Fresh Buy a rating and set its target price at $17.59.
According to the Huaxing Capital report, Daily Fresh has seized the opportunity in China's rapidly changing community retail industry. According to data from iResearch (iResearch), the community retail industry mainly consists of traditional supermarkets, fresh food markets, and grocery stores. Based on retail value, its market size was close to 12 trillion yuan in 2020, and its compound annual growth rate is expected to reach 5.7% by 2025. Driven by technological developments and changes in consumer behavior, the emergence of an adaptable DMW (distributed mini warehouse) retail model has completely disrupted the entire industry. According to iResearch data, GMV in 2020 was only 34 billion yuan. It is estimated that by 2025, the on-demand DMW retail market will grow nearly tenfold to 307 billion yuan.
Furthermore, the report shows that Daily Fresh has become a leader in this field since choosing the DWM business model in 2015. By the end of 2020, Daily Fresh had 10 national quality control (QC) centers, more than 600 DMWs, and an effective MAU of 8.7 million. Based on iResearch's GMV calculation, Daily Fresh accounted for 28% of the market share. Huaxing Capital believes its scale and technology-driven supply chain management capabilities over the years are its main competitive advantages.
Finally, Huaxing Capital gave Daily Fresh Buy a rating and set its target price at $17.59. Huaxing Capital said it valued Daily Fresh's DMW, smart fresh market, and retail cloud business, and came up with a target price of $17.59, which suggests that Daily Fresh has 120% upward potential.
