Soochow Securities gives Semir Apparel an overweight rating: the epidemic has led to performance pressure, and the brand upgrade of Barra continues to advance – yqqlm

Summary

[Soochow Securities gives Semir Apparel an overweight rating: the epidemic has led to performance pressure and the Bala brand upgrade continues to advance]Soochow Securities released a research report on May 04, saying that Semir Apparel (002563.SZ, latest price: 6.53 yuan) increased Hold rating. The reasons for the rating mainly include: 1) The company announces the first quarterly report of 2022; 2) In terms of products, children’s wear maintains growth, while casual wear is under pressure; 3) In terms of channels, online maintains double-digit growth, while offline declines due to the impact of the epidemic; 4) Gross profit margin decreased, expense ratio increased, and pressure on inventory and cash flow increased; 5) Balabala: Promote the business strategy of brand upgrading, category branding, and retail operation. Risk warning: The epidemic situation is worsening, the economy is weak, and the pressure on inventory and cash flow is less than expected.

　　Soochow SecuritiesPosted on May 4thResearch reportsay, giveSemir clothing(002563.SZ, latest price: 6.53 yuan) Overweight rating.The reasons for the rating mainly include: 1) The company announces the first quarterly report of 2022; 2) In terms of products, children’s wear maintains growth, while casual wear is under pressure; 3) In terms of channels, online maintains double-digit growth, while offline declines due to the impact of the epidemic; 4) hairinterest rate5) Balabala: Promote the business strategy of brand upgrade, category branding, and retail operation. Risk warning: The epidemic situation is worsening, the economy is weak, and the pressure on inventory and cash flow is less than expected.

AI comments:Semir clothing3 copies in the past monthbrokerageAccording to the research report, 3 companies were bought with an average target price of 8.65 yuan, which was 2.12 yuan higher than the latest price of 6.53 yuan, and the average target price increased by 32.47%.

(Article source: Daily Economic News)

Article source: Daily Economic News

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Original title: Soochow Securities gave Semir Apparel an overweight rating: the epidemic caused pressure on performance, and the upgrade of the Bala brand continued to advance