Master Kong's share price surged by more than 11% and its net profit margin will continue to improve over the next 25 years . In terms of news, Goldman Sachs quoted Tingyi's management as saying that last year's sales volume may have been affected by price increases instant noodles prices have been raised since October last year, but it is expected that last year's net profit growth target 10% to 15% has upward potential. In terms of the outlook for 2025, Master Kong hopes that its revenue will grow steadily in 2025 and its net profit margin will continue to improve. In addition, Morgan Stanley maintained its "overweight" rating on Tingyi Holding and lowered its target price to HK11.3.
Jitu Express-W increased by 9.6%. The global average daily order russia telegram data volume exceeded 80 million pieces, and the growth rate of the Chinese market was higher than the industry . According to the news, the company recently announced its main operating data for the fourth quarter and full year of 2024. In the fourth quarter of 2024, the company's total parcel volume reached 7.39 billion pieces, a year-on-year increase of 32.5%, and an average daily parcel volume of 80.3 million pieces. In 2024, the company's total parcel volume reached 24.65 billion pieces, a year-on-year increase of 31%, and the average daily parcel volume reached 67.3 million pieces, a year-on-year increase of 30.7%.
Among them, the Chinese market achieved a parcel volume of 5.91 billion pieces in the fourth quarter of 2024, a year-on-year increase of 27.4%; the annual parcel volume reached 19.8 billion pieces, a year-on-year increase of 29.1%, outperforming the industry growth rate in the first 11 months and continuing to maintain rapid growth. Nomura released a research report saying that Jitu's parcel volume in China in the fourth quarter increased by 27% year-on-year to 5.915 billion pieces, and China's overall parcel volume in 2024 increased by 29% year-on-year, exceeding the group's full-year guidance of 20-25%. Target price: HK7.3, rating: “Buy”.