G Sachs Increases LAOPU GOLD's Target Price to HKD1,168; Second Half Net Profit Exceeds Expectations
Positive Profit Alert: LAOPU GOLD announced a positive profit alert, predicting full-year revenue for 2025 between RMB27-28 billion and net profit between RMB4.8-4.9 billion, exceeding previous forecasts.
Market Reactions: Goldman Sachs raised its target price for LAOPU GOLD from HKD1,128 to HKD1,168 and maintained a Buy rating, while Citi also elevated its target price to $1,162, reiterating a Buy rating.
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Positive Profit Alert: LAOPU GOLD forecasts a significant increase in net profit for 2H25, projecting a rise of 186-197% YoY to RMB2.532-2.632 billion, with revenue expected to grow by 194-214% YoY to RMB14.6-15.6 billion.
Market Performance: The company's adjusted net profit exceeded expectations by 10-15% due to improved gross margins and strong operating leverage, aligning closely with Jefferies' forecasts.
Analyst Ratings: Jefferies has rated LAOPU GOLD as a "Buy" and set a target price of HKD981, reflecting confidence in the company's financial performance.
Short Selling Data: As of March 11, 2026, LAOPU GOLD has a short selling amount of $454.60 million, with a short selling ratio of 46.433%.

Profit Forecast: LAOPU GOLD forecasts a 2025 adjusted net profit of RMB5-5.1 billion, a YoY increase of approximately 233-240%, surpassing market expectations by 2-4%.
Market Conditions: Despite a recent price hike and geopolitical tensions affecting gold prices, demand is expected to recover as new products gain popularity, with Daiwa maintaining a Buy rating and a target price of $880.

Company Performance: LAOPU GOLD (06181.HK) forecasts a net profit of RMB4.8-4.9 billion for 2025, surpassing Goldman Sachs' expectation of RMB4.6 billion and market consensus of RMB4.7 billion.
Profit Margin Improvement: The anticipated net profit margin for 2H25 is expected to be 1.9-2.4 percentage points higher than previously estimated, attributed to pre-prepared inventory and lower operating expenses.
Earnings Forecast Adjustment: Goldman Sachs has increased its 2026 earnings forecast for LAOPU GOLD by 4% to RMB7.4 billion due to a higher gross profit margin.
Target Price Update: The target price for LAOPU GOLD has been raised from HKD1,128 to HKD1,168, maintaining a "Buy" rating.

Positive Profit Alert: LAOPU GOLD announced a positive profit alert, predicting full-year revenue for 2025 between RMB27-28 billion and net profit between RMB4.8-4.9 billion, exceeding previous forecasts.
Market Reactions: Goldman Sachs raised its target price for LAOPU GOLD from HKD1,128 to HKD1,168 and maintained a Buy rating, while Citi also elevated its target price to $1,162, reiterating a Buy rating.

Positive Profit Alert: LAOPU GOLD forecasts a significant increase in last year's net profit, projecting a growth of 2.26-2.33 times, as reported by CICC.
Brand Momentum and Revenue Growth: The company has established a strong brand presence, leading to rapid growth in both online and offline sales, with a predicted revenue surge of 217-229% YoY to RMB27-28 billion by 2025.
Earnings Forecast Adjustment: CICC has raised LAOPU GOLD's earnings per share (EPS) forecasts for 2025-2027 by 5%, 11%, and 10%, respectively, reflecting confidence in the company's performance.
Stock Rating and Target Price: LAOPU GOLD maintains an "Outperform" rating with a target price set at HKD1,079.06, indicating positive market sentiment.

Positive Profit Forecast: LAOPU GOLD issued a profit alert predicting a net profit growth of 226-233% for 2025, estimating RMB4.8-4.9 billion, surpassing both Citi Research's and market consensus expectations.
Revenue and Adjusted Profit Growth: The company anticipates a revenue increase of 217-229% YoY to RMB27-28 billion, with adjusted net profit projected to rise by 233-240% YoY to RMB5-5.1 billion, excluding share-based payment impacts.
Citi Research's Position: Citi Research has maintained LAOPU GOLD as a top pick in the China jewelry sector, raising its net profit forecasts for 2025-2027 by 2-3% and increasing the target price from $1,119 to $1,162.
Market Sentiment: Despite the positive outlook, CMS has kept an underweight rating on LAOPU GOLD, indicating a cautious stance amidst the stock's performance and short selling activity.





