Analyst

Steve Zhou, CFA

15 years of experience in both buy and sell-side in Asia.

Yihai International (1579 HK):  Beneficiary Of Haidilao's Adoption Of Franchising Model

Equity Bottom-Up

<ul>
<li>Since my previous insight on March 5, the share price is up 32% in less than a month.</li>
<li>The company reported 2023 results on March 26, as net profit was up 15% yoy while sales growth was flat for the year. </li>
<li>The company also announced a strong dividend payout ratio of 90% compared to below 30% previously, making the dividend yield of the stock at 6%. </li>
</ul>


Since my previous insight on March 5, the share price is up 32% in less than a month.
The company reported 2023 results on March 26, as net profit was up 15% yoy while sales growth was flat for the year. 
The company also announced a strong dividend payout ratio of 90% compared to below 30% previously, making the dividend yield of the stock at 6%. 


Yihai International (1579 HK):  Time To Take Profit

Yihai Int’L Holding

Yihai International (1579 HK): Time To Take Profit