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2420 — Zibuyu News Story

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China's Zibuyu Group H1 profit rises on TikTok, Amazon channel growth

China's Zibuyu Group H1 profit rises on TikTok, Amazon channel growth


Overview

  • China fashion apparel and footwear seller's H1 revenue rose 44% yr/yr to RMB2.83 bln

  • Net profit attributable to shareholders up 30% yr/yr to RMB137.7 mln

  • Growth driven by Amazon, TikTok sales and AI integration; gross margin declined slightly


Outlook

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


Result Drivers

  • TIKTOK GROWTH - Revenue from the TikTok channel surged 662% yr/yr, contributing 10.2% of total revenue as the business shifted to scaled profitability

  • AMAZON PERFORMANCE - Amazon sales rose 30% yr/yr, supported by new product launches and improved marketing efficiency

  • AI INTEGRATION - AI adoption across product design, marketing, and supply chain raised per-capita efficiency by 35% and reduced content production costs


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

RMB 2.83 bln

H1 Net Income Attributable

RMB 137.70 mln


Analyst Coverage

  • The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 6 three months ago


Reuters Recommended Reads

  • Aug 25 - Sportswear maker Xtep International H1 revenue dips 0.6% as core brand weakens

  • Aug 24 - Elastic fabric maker Best Pacific's H1 revenue rises on sportswear demand

  • Aug 24 - Temu-owner PDD revenue misses estimates, profit falls on 'intense' China competition


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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