The earnings call presented a mixed performance with significant challenges in revenue and profit margins due to a weak consumer demand and market fluctuations. However, the company has managed some cost efficiencies and growth in the online segment. Despite these efforts, the overall sentiment leans towards concerns about sustained declines in revenue and profit margins.
Company Guidance
The recent call transcript provided a comprehensive update on Topsports' financial performance and strategic initiatives. Despite a challenging external environment, Topsports achieved its planned performance for the first half of the fiscal year, with revenue declining by 5.8% to RMB 12.3 billion, primarily due to weak consumer demand and offline traffic fluctuations. Retail business revenue decreased by 3% year-over-year, while wholesale business saw a significant decline of 20.3%. Gross profit margin slightly declined by 0.1 percentage points to 41%, influenced by deeper discount rates and increasing online sales, which have higher discounts compared to offline channels. The company managed to control total expenses, which decreased by 5.5%, maintaining a stable expense ratio at 33.2%. Topsports continues to focus on enhancing omnichannel retail capabilities and operational efficiency, with a notable reduction in rental expenses by 12.1% year-over-year. The company reported a net operating cash flow of RMB 1.35 billion, down by 48.2%, attributed to timing differences in cash collection due to the Chinese New Year. Topsports remains optimistic about its long-term growth, focusing on omnichannel strategies, user engagement, and technology upgrades to adapt to evolving consumer habits and market conditions.
Online Business Growth
Retail online business sales, including both public and private domains, achieved a double-digit growth year-over-year.
Expense Management
Total expenses decreased by 5.5%, with a slight increase in the expense ratio by only 0.1%, reaching 33.2%. Rental expense ratio declined by 0.8 percentage points.
Inventory Management
Inventory amount decreased by 4.7%, and turnover days increased slightly, indicating effective inventory management.
Topsports International Holdings Limited (HK:6110) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:6110 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 22, 2025
HK$3.23
HK$3.29
+1.86%
May 21, 2025
HK$3.08
HK$3.05
-0.97%
Oct 23, 2024
HK$2.47
HK$2.54
+2.83%
May 22, 2024
HK$4.74
HK$4.78
+0.84%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Topsports International Holdings Limited (HK:6110) report earnings?
Topsports International Holdings Limited (HK:6110) is schdueled to report earning on May 27, 2026, TBA (Confirmed).
What is Topsports International Holdings Limited (HK:6110) earnings time?
Topsports International Holdings Limited (HK:6110) earnings time is at May 27, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.