HWH Latest Report

HWH International's Financial Performance

As of December 31, 2024, HWH International's total operating revenue reached RMB287,062,000, a year-on-year growth of 39.00% from RMB207,852,000 in 2023. This significant growth reflects positive changes in the company's market strategy, product demand, and economic environment.

Key Financial Data

1. HWH International's total operating revenue grew significantly to RMB287,062,000, with a growth rate of 39.00%.

2. The growth was driven by the improvement in market demand, optimized sales strategies, new product launches, and a better economic environment.

3. In 2024, HWH International launched several new products and services, including Hapi Marketplace, Hapi Cafés, and travel business, which may have contributed significantly to revenue growth.

4. The overall industry experienced a recovery in 2024, driving HWH International's performance improvement.

Industry Comparison

1. Industry-wide analysis: In 2024, the overall industry experienced a recovery, with a general increase in operating revenue. Despite challenges from geopolitical and supply chain restructuring, international trade has warmed up, driving the recovery of the consumer market. Although the growth momentum was weak, it still had a positive impact on HWH International's revenue growth.

2. Peer evaluation analysis: HWH International's 39.00% operating revenue growth rate performed well in the industry. If the average growth rate of the same industry is lower than this level, it indicates that the company has strong competitiveness in the market.

Summary

HWH International's significant revenue growth in 2024 demonstrates its ability to adapt to market changes and execute strategic initiatives. The launch of new products and improved market demand are key factors driving revenue growth. Meanwhile, the recovery of the overall industry provided a favorable external environment for the company's performance.

Opportunities

1. Continue to expand Hapi Marketplace by increasing product categories and services to enhance market share.

2. Strengthen the promotion of Hapi Cafés, leveraging social experiences to attract more customers and enhance brand loyalty.

3. Develop the travel business, seizing the opportunity in educational tourism to provide unique travel products for school-age children.

4. Optimize sales strategies and customer service to enhance customer satisfaction and market share.

Risks

1. Uncertainty in the macroeconomic environment may lead to a slowdown in market demand, affecting operating revenue.

2. Changes in the international trade environment and geopolitical risks may increase market competition pressure and affect profitability.

3. If the overall industry sentiment declines, HWH International's export business may face direct impacts from demand fluctuations.

4. Implementation of internal management and talent acquisition strategies may not be effective, affecting the company's rapid development and market responsiveness.