Zhitong Financial APP learned that Taobo (06110)'s share price continued to fall last week, rebound more than 4% in early trading. As of press time, it increased by 4pokergamevideo.33%, quoted 5pokergamevideo.3 Hong Kong dollars, with a turnover of 19.5448 million Hong Kong dollars.

In terms of news, Tobo recently released its annual results for the year ended February 29, 2024, with revenue of 28.93 billion yuan, a year-on-year increase of 6.9%, and net profit attributable to the parent company of 2.21 billion yuan, a year-on-year increase of 20.4%. It continues to pay high dividends. The dividend payout ratio for the full fiscal year is 101%, and the dividend payout ratio for the past five years is more than 100%. Guosen Securities said that in fiscal year 2024, the company's revenue and net profit achieved high-quality growth, and profit margins steadily increased. Also based on company stabilitypokergamevideoOur cash-generating ability lays the foundation for high dividend dividends.

Puyin International believes that in a weak consumer environment, the retail revenue of FY25, a major international sportswear brand, may face greater pressure. However, the bank believes that Tobo's continued optimization of brand matrix and increasing global customer acquisition capabilities will help Tobo's major brands grow faster than the overall revenue performance of brand partners in China.pokergamevideo; Excellent store and inventory management capabilities will help the company's FY25 profit margin level remain stable; continuously improving operational efficiency will cause the company's operating cash flow to continue to be much higher than net profit, thereby ensuring a high dividend payout ratio.