Equity Analyst

Steve Zhou, CFA

Over 13 years of professional experience covering mainly Asian consumer companies in sell-side and buy-side.

Anta Sports (2020 HK):  2024 High Conviction Update - Earnings Beat In 2H23

Anta/Li Ning/Xtep:  China Sportswear 1Q24 Update

Anta Sports (2020 HK):  Strong 3Q23 Update

2024 High Conviction:  Anta Sports (2020 HK)

Anta Sports (2020 HK):  Most Resilient In Industry Down-Cycles

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/anta-sports-products-ltd" target="_blank" data-smartkarma-citation="entities:10261:1" rel="noopener">Anta Sports Products (2020 HK)</a> announced a set of in-line 4Q23 operating data.  </li>
<li>In addition, the company has filed a registration statement with the U.S. SEC on January 4 for a proposed listing of Amer Sports on the New York Stock Exchange. </li>
<li>Anta currently trades at a forward PE of 17x based on estimated 2024 earnings, compared to a historical forward PE of 24x since 2017.</li>
</ul>



Anta Sports Products (2020 HK) announced a set of in-line 4Q23 operating data.  
In addition, the company has filed a registration statement with the U.S. SEC on January 4 for a proposed listing of Amer Sports on the New York Stock Exchange. 
Anta currently trades at a forward PE of 17x based on estimated 2024 earnings, compared to a historical forward PE of 24x since 2017.


Anta Sports (2020 HK):  In-Line 4Q23 Operational Update + Submission Of Amer Sports Listing On NYSE