CICC: Maintains target price of 5.62 Hong Kong dollars for 361 Degrees (01361.HK) with a rating of "outperform" in the industry.

According to the Wisdom Financial APP, Zhongjin released a research report stating that it maintains its 2025/26 EPS forecast for 361 Degrees (01361.HK) at 0.64/0.72 yuan unchanged. The current stock price corresponds to a 7.2/6.3 times 2025/26 price-earnings ratio. It maintains an outperform industry rating and a target price of 5.62 Hong Kong dollars unchanged, corresponding to an 8 times 2025 price-earnings ratio, with a 14% upside potential compared to the current stock price. The company announced its operating performance for the second quarter of 2025: 361 Degrees main brand and children's clothing offline sales increased by about 10% year on year, and e-commerce platform sales increased by about 20% year on year.