China's East Buy Holding FY profit jumps on private-label, livestreaming growth

East Buy Holding

21/08/2026 13:04

Overview
China livestreaming e-commerce platform's FY2026 revenue grew 29.8% yr/yr
Net income attributable to owners surged 9,377.8% yr/yr
Growth driven by private label products and expanded livestreaming matrix

Outlook
Company did not provide specific financial guidance for the current quarter or full year

Result Drivers
PRIVATE LABEL GROWTH - Private-label revenue rose 37.4% as East Buy expanded product categories, offerings and SPUs
LIVESTREAMING EXPANSION - Co cited expansion of livestreaming matrix and increased user engagement as key drivers
MEMBERSHIP AND GMV INCREASE - Growth supported by higher paid membership subscriptions and increased GMV

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
RMB 5.70 bln
 
FY Net Income Attributable
 
RMB 543.50 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for East Buy Holding Ltd is HK$30.00, about 48.4% above its August 21 closing price of HK$20.22
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 40 three months ago

Reuters Recommended Reads
Aug 20 - China's DouYu Q2 revenue falls on weaker livestreaming demand
Aug 19 - China short video platform Kuaishou Q2 profit hit by higher costs, revenue inches up
Aug 20 - Grocery e-commerce firm Dingdong Q2 profit jumps on higher orders

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)