Added to YB: 2024-11-06
Pitch date: 2024-11-04
9911.HK [neutral]
Newborn Town Inc.
+187.67%
current return
Author Info
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Company Info
Newborn Town Inc., an investment holding company, engages in the social networking business worldwide.
Market Cap
HKD 5.9B
Pitch Price
HKD 3.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.79
P/E
8.72
EV/Sales
1.24
Sector
Interactive Media and Services
Category
growth
Newborn Town reports blowout business, but investors fail to move in
9911.HK (quick dive): Social media leader in MENA. Q1-Q3 rev +60.7-62.7% YoY to 3.24-3.28B yuan. 740M app downloads, 28.98M MAU. Strong growth since 2019 IPO, profit up 21.3% H1 2024. Stock volatile, trading at 6.7x P/E. Concerns: high costs, lack of analyst coverage. Potential if growth continues.
Read full article (4 min)