Only three months after listing, the performance of Kidswant Children Products Co.Ltd(301078) , a leading maternal and infant stock with a market value of more than 20 billion, suddenly changed, exceeding the institutional forecast, and the institutions have just cleaned up on a large scale.
Since it was only listed on October 14, 2021, Kidswant Children Products Co.Ltd(301078) has not been disclosed in the regular report. According to the number of shareholders before and after listing, it is 71000.
just launched
more than 20 billion leading performance suddenly changed face
Kidswant Children Products Co.Ltd(301078) , which has just been listed for three months, is the company selling Kidswant Children Products Co.Ltd(301078) stores selling mother and baby products that you may see offline. The performance will change in 2021. On January 19, the performance forecast was just released.
According to the announcement of Kidswant Children Products Co.Ltd(301078) , the net profit attributable to the parent company in 2021 is expected to be 196-235 million yuan, a year-on-year decrease of 40% – 50%. After deduction, the net profit decreased more, and the net profit after deduction was 109-140 million yuan, a year-on-year decrease of 55% – 65%.
Kidswant Children Products Co.Ltd(301078) the net profit in the first three quarters of 2021 was 237 million yuan, and the net profit deducted from non net profit was 174 million yuan. Therefore, it can be predicted that there will be a loss in the fourth quarter of 2021, and deducting non net profit is an obvious loss.
The company attributed the decline in performance to three aspects: first, due to the implementation of the new lease standards, the company newly recognized the right to use assets and lease liabilities, and then the overall decrease due to new depreciation expenses and financial expenses. The company’s net profit in 2021 is expected to be about 55-70 million yuan;
Second, the company opened more than 70 new stores in 2021, mainly in the second half of 2021; The above-mentioned new stores have increased the company’s operating costs, and it takes a certain operation time to improve the number of members, income and profitability. In addition, the rent of large properties will not be reduced in 2021, which will affect the net profit level of the whole year in 2021.
Third, due to the continuous impact of covid-19 epidemic in 2021, the epidemic occurred repeatedly in many places across the country, resulting in a decline in the company’s single store sales revenue compared with last year.
netizens were confused: it’s over, Barbie Q
or is it good without loss?
Due to the impact of the epidemic, Kidswant Children Products Co.Ltd(301078) performance declined. However, from the perspective of revenue, the company’s revenue is expected to grow. It is expected to achieve an operating revenue of 8.773 billion yuan to 9.609 billion yuan, an increase of 5% – 15% compared with 8.355 billion yuan in the same period of last year.
Some investors said that the revenue is still growing, which is also good, but some investors believe that the performance is halved year-on-year, which is relatively bad.
the organization has just cleaned up
Kidswant Children Products Co.Ltd(301078) was listed on the gem on October 14, 2021, with an issue price of 5.77 yuan. On the first day of listing, it soared 304%, and the closing price closed at 23.3 yuan, and then continued to fluctuate. The latest closing price was 21.26 yuan, with a market value of 23.1 billion yuan.
As the annual report of Kidswant Children Products Co.Ltd(301078) has not been published and the disclosure of the fund’s four seasons report is limited, it is difficult to see the institutional shareholding at present. However, judging from the recent dragon and tiger list seats, institutional seats have moved in and out on a large scale.
As a three child concept stock, Kidswant Children Products Co.Ltd(301078) has a high turnover rate recently. The top four buying seats on January 17 were institutional seats, with a total purchase amount of more than 100 million yuan.
head brokers
was beaten in the face just after the prediction
One month before the performance forecast, in December 2021, China International Capital Corporation Limited(601995) , Huatai Securities Co.Ltd(601688) and other leading securities companies released research reports one after another, and the performance forecasts given were significantly increased, which was quite different from the performance forecast.
The performance forecast given by Kidswant Children Products Co.Ltd(301078) is that the net profit in 2021 will be less than 250 million yuan, and the performance will decline sharply by 40% – 50%.
According to China International Capital Corporation Limited(601995) , we expect the company’s EPS from 2021 to 2022 to be 0.36 yuan and 0.55 yuan respectively. Based on the latest share capital of Kidswant Children Products Co.Ltd(301078) 1.09 billion shares, the estimated net profit in 2021 is 392 million yuan, significantly higher than the actual less than 250 million yuan.
Huatai Securities Co.Ltd(601688) is expected to have a net profit of 433 million yuan in 2021, which is significantly higher than the performance forecast of the company.
Huatai Securities Co.Ltd(601688) indicates that Kidswant Children Products Co.Ltd(301078) is positioned as a new family in the city and a leading brand in maternal and infant retail and service; Kidswant Children Products Co.Ltd(301078) is positioned as an innovative new family service platform driven by data and based on user relations, specializing in providing omni-channel one-stop solutions such as mother and child goods and services. The company’s core management team has rich experience in retail industry management, accelerated release of channel dividends, improved operation efficiency of mature stores and continuous expansion of service businesses, The company’s growth momentum is expected to continue to increase. It is estimated that EPS from 2021 to 2023 will be 0.40, 0.52 and 0.66 yuan / share respectively.
