智通财经APP获悉,361度(01361)再涨超5%,截至发稿,涨5.08%,报4.96港元,成交额1833.02万港元。
中金发布研报称,近日,361度公布2024年业绩,收入同增20%至100.74亿元,归母净利润同增19%至11.49亿元,业绩好于该行预期,主要得益于良好的收入和毛利率表现。公司宣派末期股息10港仙/股,对应全年派息率约45%(vs.2023年40%)。因2025年春节较早,公司主动提升库存水平以确保订单及补单需求,加强线上业务,2024年末公司存货周转天数较2023年末增加14天;应付账款周转天数较2023年底下降22天,主要因公司加强与供应商及分包商的合作关系。公司预计若剔除存货影响,2024年经营性现金流同比提升至约7-8亿元(vs.2023年4亿元)。
该行续指,361度主品牌2024年收入同增19%至73.81亿元,公司以科技驱动品牌持续向上,为消费者提供高价值大众专业产品,鞋服销售额同增22%/15%,主要由量增21%/14%带动。截至2024年末,361度主品牌国内销售点5,750个,较年初净增16个,三线及以下城市门店占比稳定在约76%。2025年公司将继续推动超品店新店型打造,旨在以高性价比的运动产品自选模式捕捉市场机会。
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