---
title: "Understanding the Market | STELLA HOLDINGS fell over 3%, with comprehensive revenue in the first quarter decreasing by approximately 2.2% year-on-year to USD 331 million"
description: "STELLA HOLDINGS fell over 3%, as of the time of writing, down 3.12% to HKD 13.04, with a trading volume of HKD 21.0186 million. In terms of news, STELLA HOLDINGS announced that for the three months en"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/236884530.md"
published_at: "2025-04-22T03:24:03.000Z"
---

# Understanding the Market | STELLA HOLDINGS fell over 3%, with comprehensive revenue in the first quarter decreasing by approximately 2.2% year-on-year to USD 331 million

> STELLA HOLDINGS fell over 3%, as of the time of writing, down 3.12% to HKD 13.04, with a trading volume of HKD 21.0186 million. In terms of news, STELLA HOLDINGS announced that for the three months ending March 31, 2025, due to a high base effect, the group's unaudited consolidated revenue decreased by approximately 2.2% to USD 331 million, compared to an unaudited consolidated revenue of approximately USD 338.4 million in the same period last year. The manufacturing business reported revenue of USD 320 million in the first quarter, a year-on-year decrease of 1.8%, with shipment volume increasing by 3.4% year-on-year to 12.1 million pairs, driven by the sports category; ASP decreased by 5.0% year-on-year to USD 26.4 per pair, mainly due to a higher proportion of orders for lower-priced sports products

According to Zhitong Finance APP, Jiuxing Holdings (01836) fell over 3%, down 3.12% to HKD 13.04 as of the time of writing, with a transaction volume of HKD 21.0186 million.

In terms of news, Jiuxing Holdings announced that for the three months ending March 31, 2025, due to a high base effect, the group's unaudited consolidated revenue decreased by approximately 2.2% to USD 331 million, compared to an unaudited consolidated revenue of approximately USD 338.4 million in the same period last year. The manufacturing business reported a first-quarter revenue of USD 320 million, a year-on-year decrease of 1.8%, with a shipment volume that increased by 3.4% year-on-year to 12.1 million pairs, driven by the sports category; the ASP decreased by 5.0% year-on-year to USD 26.4 per pair, mainly due to a higher proportion of orders for sports products with lower average selling prices

### Related Stocks

- [01836.HK - STELLA HOLDINGS](https://longbridge.com/en/quote/01836.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| ‘How Africa Works’ review: Policies and prosperity | Four African countries—Botswana, Ethiopia, Mauritius and Rwanda—experienced rapid per capita growth. How did they manage | [Link](https://longbridge.com/en/news/276068825.md) |
| Berkshire Hathaway discloses investment in New York Times | Berkshire Hathaway has disclosed a new investment in the New York Times, reentering a sector it left in 2020. The compan | [Link](https://longbridge.com/en/news/276173033.md) |
| Commander: Indonesia has accepted deputy commander position of ISF | Commander: Indonesia has accepted deputy commander position of ISF | [Link](https://longbridge.com/en/news/276353749.md) |
| Orbital Compute and Space AI Stocks: The 2026 Breakout Setup | The article discusses the emerging trend of space AI stocks, highlighting a convergence of factors that could lead to si | [Link](https://longbridge.com/en/news/276132664.md) |
| Tencent has a key advantage over other Chinese AI stocks: here's what it is | Tencent has a unique "trust advantage" in the competitive Chinese AI sector, according to Rupert Mitchell, a market obse | [Link](https://longbridge.com/en/news/276073565.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.