Added to YB: 2024-09-02
Pitch date: 2024-07-18
603605.SS [bullish]
Proya Cosmetics Co.,Ltd.
-29.48%
current return
Author Info
No bio for this author
Company Info
Proya Cosmetics Co.,Ltd., a beauty and personal care company, researches for, develops, produces, and sells cosmetics in China.
Market Cap
CNY 33.2B
Pitch Price
CNY 96.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
18.19
P/E
23.24
EV/Sales
2.87
Sector
Personal Care Products
Category
growth
Harding Loevner International Developed Markets Equity Portfolio Holding: Proya Cosmetics Co.,Ltd.
603605.SS: Proya leads Chinese cosmetics, overtaking L'Oréal & Estee Lauder in online sales. 31% YoY growth, RMB 1B+ Tmall sales. Excels in social commerce, 93% online sales. Shifting to 'masstige' market, ASP up from $20 to $50. Millennials/Gen Z prefer domestic brands. E-commerce shift & declining travel retail hurt global brands.
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