The Zhitong Finance App learned that Cathay Pacific Haitong Securities released a research report stating that the EPS for Grain Mill (01837.HK) is expected to be 0.14/0.17/0.21 yuan in 26-28. Combined with comparable valuations, 15 times PE (26E) was awarded, with a target price of HK$2.44 per share, covering and giving an “gain” rating for the first time. The bank believes that the company is the pioneer of grain powder in China and a leader in medicine and foodstuffs. It has outstanding competitiveness in multiple dimensions such as brands, products, channels, and supply chains. In the context of the acceleration of the Chinese food industry, it is driven by large single products and works in multiple scenarios and channels, with plenty of growth momentum and great potential for long-term development.

The Zhitong Finance App learned that Cathay Pacific Haitong Securities released a research report stating that the EPS for Grain Mill (01837.HK) is expected to be 0.14/0.17/0.21 yuan in 26-28. Combined with comparable valuations, 15 times PE (26E) was awarded, with a target price of HK$2.44 per share, covering and giving an “gain” rating for the first time. The bank believes that the company is the pioneer of grain powder in China and a leader in medicine and foodstuffs. It has outstanding competitiveness in multiple dimensions such as brands, products, channels, and supply chains. In the context of the acceleration of the Chinese food industry, it is driven by large single products and works in multiple scenarios and channels, with plenty of growth momentum and great potential for long-term development.