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CICC Keeps LAOPU GOLD's TP at HKD1,079.06, Lifts 2026-27 EPS Forecasts
2026-03-25 14:18:05
LAOPU GOLD (06181.HK)'s 2025 revenue/ net profit attributable to shareholders grew by 221%/ 230% YoY to RMB27.3 billion/ RMB4.9 billion, meeting market expectations, according to CICC's research report. A final dividend of RMB11.95 per share was declared, corresponding to an annual payout ratio of around 78%.

Considering the excellent sales performance, CICC has raised its 2026-27 EPS forecast for LAOPU GOLD by 14% and 13% to RMB45.47 and RMB56.42, respectively, and has kept the company's rating as Outperform. Due to industry valuation fluctuations, the target price remains at HKD1,079.06.
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