RIDGE OUTDOOR

Lexin Outdoor climbed steadily throughout the day, closing up 5.16% at HKD 23.660, primarily driven by last Friday's full-year earnings report showing net profit of RMB 73.871 million, up 32.5% year-on-year. The session saw a single-session uptrend, opening at HKD 22.500 in the morning and rising to HKD 23.140, before extending gains in the afternoon to an intraday high of HKD 23.660. The current price of HKD 23.660 sits above its MA20 (HKD 23.649) and MA60 (HKD 21.543), but remains 40.1% below its 52-week high of HKD 39.500, with a YTD decline of 4.52%. Valuation metrics show a P/E of 37.09x and a P/B of 96.38x. The stock, which listed on February 10, 2026, has experienced significant volatility, including sharp post-IPO swings. However, the market appears to be cautiously reassessing the company's prospects following the earnings beat.

Lexin Outdoor surged in morning session, ending at HKD 25.00, up 6.7% from HKD 23.42, driven by a strong full-year net profit increase of 32.5% to RMB 73.871 million. After falling to a 52-week low of HKD 18.42 on debut, the stock has rebounded above MA20 (23.673) and MA60 (21.593), with YTD up 0.9%, still 36.7% below the 52-week high of HKD 39.5. However, intraday low of HKD 23.30 suggests lingering profit-taking pressure.

Ridge Outdoor International Ltd. opened low and rallied intraday, closing the morning session at HKD 25.80, up 5.22% from the prior close of HKD 24.52. The catalyst was the company's FY2025 net profit of RMB 73.871 million, a 32.5% YoY increase, driving the share price recovery. The stock climbed steadily from the day's low of HKD 24.52 to HKD 25.80, a range of about 5.2%, with turnover of HKD 460,920. Despite the gain, the stock remains 34.68% below its 52-week high of HKD 39.50, yet it has reclaimed both the 20-day MA (HKD 21.58) and 60-day MA (HKD 21.58), with a YTD return of 4.12%. However, the stock has experienced significant volatility since its debut, surging 121.9% on the first day before a sharp correction, and its current PB of 105.1x suggests elevated valuation risk.

Lexin Outdoor surged in the morning session and then traded at a high range, with the latest price of HKD 25.02 rising 5.1% from the previous close of 23.80. The stock hit an intraday high of 25.02 and a low of 23.02, resulting in an 8.4% swing. The company recently reported an annual net profit of RMB 73.871 million, a 32.5% increase year-on-year. Supported by fundamentals, the stock has retreated from its listing-day high of HKD 39.5 in February but rebounded today, though it remains 36.6% below the 52-week high. With a current PE of about 39.2x and PB of about 101.9x, valuation remains elevated, and the intraday gains have not fully alleviated high valuation pressures.

Ridge Outdoor International Ltd. rose 6.2% to HKD 22.96 in the morning session, driven by the release of its annual net profit of RMB 73.871 million, a 32.5% year-over-year increase. The stock climbed from the opening price of HKD 21.02 to its intraday high of HKD 22.96, with total turnover of HKD 786,270. Despite the strong performance, it remains 41.87% below its 52-week high of HKD 39.5, and its PE of 35.99x and PB of 93.53x suggest elevated valuations, while the MA20 (HKD 20.149) has provided near-term support, bringing its YTD decline to 7.34%.