bullish

Nippon Paint (4612 JP):  Strong 1Q24; Overlooked Proxy For China Property

418 Views17 May 2024 09:23
China made up 40% of Nippon Paint's operating profit (1Q24 numbers).  Nippon Paint is the absolute leader in decorative paint in China, with 25% market share in 2023 (TUC).
What is covered in the Full Insight:
  • Nippon Paint's standing in China property market
  • 1Q24 Results Overview
  • Company's geographical performance
  • Company's future outlook
  • Nippon Paint's Valuation
SUMMARY
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Steve Zhou, CFA
Analyst
Consumer Discretionary & Consumer StaplesEquity Bottom-UpThematic (Sector/Industry)
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