---
title: "In \"The Big Banks,\" Citigroup raised the target price for YIHAI INTL to 16.6 yuan with a rating of \"Outperform the Market.\""
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280408376.md"
description: "Citi released a research report, raising the target price for YIHAI INTL to RMB 16.6, with a rating of \"Outperform.\" The report pointed out that YIHAI INTL's revenue in the second half of last year increased by 2% year-on-year to RMB 3.7 billion, and net profit grew by 26% year-on-year to RMB 544 million. Although HAIDILAO's revenue has declined, the market expects its recovery to benefit YIHAI INTL. The upcoming shopping subsidies and the capacity increase at the Thailand factory are expected to help maintain stable net profit margins"
datetime: "2026-03-25T03:39:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280408376.md)
  - [en](https://longbridge.com/en/news/280408376.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280408376.md)
---

# In "The Big Banks," Citigroup raised the target price for YIHAI INTL to 16.6 yuan with a rating of "Outperform the Market."

Citi published a research report indicating that YIHAI INTL (01579.HK) saw a 2% year-on-year increase in revenue to 3.7 billion RMB in the second half of last year, while net profit rose 26% year-on-year to 544 million RMB; revenue from HAIDILAO was a drag factor, declining 1.8% year-on-year. Therefore, the market expects YIHAI INTL to benefit from the potential recovery of HAIDILAO, but the sales contribution from HAIDILAO's revenue is quite limited, and channel expansion remains key.

The bank further stated that immediate shopping subsidies and enhancing the capacity utilization of the Thailand factory should allow YIHAI INTL's net profit margin to remain relatively stable compared to previous years.

The bank raised YIHAI INTL's target price from 15.7 yuan to 16.6 yuan, maintaining a "outperform" rating, and adjusted its net profit forecasts for this year and next year upward by 2.4% and 0.7%, respectively

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