Yihai International Holdings Ltd Shs Unitary 144A/Reg S
01579: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Mc | LOCK|bhZ | LOCK|!yJWl?x |
Yihai Earnings: Channel Reforms and Overseas Expansion Fuel Growth; Raise Fair Value Estimate by 9%
Yihai International's sales grew 14% in the first half, underpinned by successful direct sales initiatives and new channel expansion. Gross margin expanded to 34% from 30% a year ago, supporting 20% net profit growth during the period.
