Personal Care Products

FOREST CABIN

LINQINGXUAN Plans to Hold 2025 Annual General Meeting

Lin's Annual Earnings Briefing Receives Positive Reviews from Multiple Institutions

LinQingXuan Achieves Revenue and Net Profit Doubling Growth Through Technological Innovation

Goldman Sachs Raises Lingqinxuan's Target Price to HKD104

FOREST CABIN released FY2025 Q3 earnings on March 24 (BJT) with actual revenue of HKD 0 and EPS of HKD 0

FOREST CABIN released FY2025 Annual Earnings on March 24 (BJT), actual revenue HKD 2.677 B (forecast HKD 2.563 B), actual EPS HKD 3.1315 (forecast HKD 2.7861)

FOREST CABIN released FY2025 Q4 earnings on March 24, 2026 (BJT) with actual revenue of HKD 777.18 M and EPS of HKD 0.7887

FOREST CABIN released FY2025 9 Months Earnings on March 24, 2026 (BJT), with actual revenue of HKD 1.903 B and actual EPS of HKD 2.3417

Lin Qingxuan Sees Significant Revenue and Profit Growth in 2025, Announces Future Development Plans

FOREST CABIN to Release FY2025 Earnings on March 24, 2026 (BJT), Forecast Revenue HKD 2.565 B, EPS HKD 2.8299

Huatai Securities Maintains Buy Rating on Lin Qingxuan H Shares

Lin Qingxuan Fully Exercises Over-allotment Option to Issue H Shares

Eastern Securities Reiterates Buy Rating for Lin Qingxuan Cosmetics H-Share, Sets Target Price at HKD116.86

Lin Qingxuan Fully Exercises Over-allotment Option to Issue 2.095 Million H Shares

Guotai Haitong Securities Issues an 'Overweight' Rating on Lin Qingxuan for the First Time

2657.HK released FY2025 Q2 earnings on December 17, 2025 (BJT) with actual revenue of HKD 575.59 M and EPS of HKD 0.7917

FOREST CABIN released FY2022 Annual Earnings on December 17, 2025 (BJT), actual revenue HKD 799.54 M, actual EPS HKD -0.054

FOREST CABIN released FY2024 Q1 earnings on December 17, 2025 (BJT) with actual revenue of HKD 287.45 M and EPS of HKD 0.3735

FOREST CABIN released FY2024 9 Months Earnings on December 17 Post-Market (BJT), actual revenue HKD 948.86 M, actual EPS HKD 0.4417

CENTRAL DEV H

FAMEGLOW

ZHONGSHENJIANYE

TJCD

NEW GONOW RV

REALWAY CAPITAL

ZXZN QI-HOUSE

51WORLD

CH CITY INFRA

EASYHOLD GROUP

01384

00179

06168

00679

02657

06082

00004

02590

06651

02556

DEEPEXI TECH(01384) rose 56.67%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 2.7%. JOHNSON ELEC H(00179) rose 19.97%, with a trading turnover 968.6 Million HKD, and a year-to-date fell 5.8%. ZHOU LIU FU(06168) rose 18.89%, with a trading turnover 285.5 Million HKD, and a year-to-date fell 33.1%.

Top Gainers&Losers

DEEPEXI TECH

JOHNSON ELEC H

ZHOU LIU FU

ASIA TELE-NET

BIREN TECH

WHARF HOLDINGS

GEEKPLUS-W

MARKETINGFORCE

Top 10 HK Stock Gainers (5.7)

02020

02331

510150

At yesterday's close, FOREST CABIN fell 1.21% to HKD 52.90, with a trading volume of approximately HKD 3.05 million, continuing its recent correction trend. The MACD daily line formed a death cross below the zero axis, indicating that the enthusiasm for this recently listed personal care brand stock is rapidly fading, and buying power has clearly retreated from its highs. As a domestic high-end skincare brand, FOREST CABIN initially received significant market attention upon its listing, but as the new stock effect diminishes, the stock price has gradually shifted downward. With a trading volume of only around HKD 3 million, liquidity is relatively low. On the news front, the consumer sector has recently shown a divergence in the Hong Kong stock market. ANTA SPORTS fell nearly 4% yesterday, and LI NING dropped over 4%, reflecting a collective weakness among leading sports apparel brands and raising concerns about the strength of domestic consumption recovery. Although news of Novo Nordisk's weight loss pills facing a price war mainly affects overseas pharmaceutical sectors, it also reflects the trend of increasing competition in the global consumer health field. As a domestic skincare brand, FOREST CABIN's valuation largely depends on the pace of recovery in domestic consumer confidence, and current macro consumption data has yet to provide strong support. From a technical perspective, the HKD 50 psychological support level is a key point recently; if it continues to fall below this line, it may trigger further adjustments. New stocks often have unstable liquidity in the early stages of listing, and the reference value of the MACD signal should be viewed with caution, but the continuous downward trend itself is worth noting. Today, attention will be on the performance of the A-share consumer sector and the impact of domestic retail data expectations on market sentiment

Technical Forecast

ANTA SPORTS

LI NING

China Merchants SSE Consumer 80 ETF

Novo Nordisk AS

ANTA SPORTS-R

LI NING-R

Pre-market trend | FOREST CABIN (2657.HK) 5/5 Consumer stocks pull back, has the enthusiasm for new stocks faded?

02442

09606

02575

02225

09995

00290

02509

01530

EASY SMART GP(02442) rose 21.49%, with a trading turnover 53.3 Million HKD, and a year-to-date rose 109.8%. 51WORLD(06651) rose 15.21%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 37.8%. DUALITYBIO-B(09606) rose 10.81%, with a trading turnover 488.5 Million HKD, and a year-to-date rose 6.6%.

EASY SMART GP

DUALITYBIO-B

XUANZHUBIO-B

JINHAI MED TECH

REMEGEN

GOFINTECH QUANT

QYUNS-B

3SBIO

Top 10 HK Stock Gainers (4.15)

02656

02477

06831

03788

01357

00268

06090

00917

02889

160 HEALTH(02656) fell 21.6%, with a trading turnover 119.2 Million HKD, and a year-to-date fell 3.6%. WELLCELL HOLD(02477) fell 11.27%, with a trading turnover 258.6 Million HKD, and a year-to-date rose 36.3%. GREEN TEA GROUP(06831) fell 10.71%, with a trading turnover 535.5 Million HKD, and a year-to-date rose 19.6%.

160 HEALTH

WELLCELL HOLD

GREEN TEA GROUP

HANKING GOLD

MEITU

KINGDEE INT'L

BUTONG GROUP

QUNABOX GROUP

PATEO

Top 10 HK Stock Losers (4.9)

00165

02026

00258

02650

02706

02865

09985

09678

CHINA EB LTD(00165) fell 14.59%, with a trading turnover 130.7 Million HKD, and a year-to-date fell 29.9%. PONY-W(02026) fell 13.96%, with a trading turnover 84.3 Million HKD, and a year-to-date fell 36.4%. TOMSON GROUP(00258) fell 13.74%, with a trading turnover 34.1 Million HKD, and a year-to-date fell 6.2%.

CHINA EB LTD

PONY-W

TOMSON GROUP

ZHIDA TECH

HAIZHI TECH GP

DRINDA

WL DELICIOUS

UNISOUND

Top 10 HK Stock Losers (3.27)

FOREST CABIN announced its 2025 annual performance, with revenue of 2.45 billion RMB, an increase of 102.5% year-on-year. It recorded a net profit of 360 million RMB, a growth of 92.9%, with earnings per share of 2.87 RMB. A final dividend of 0.95 RMB was declared

AASTOCKS

"Performance" FOREST CABIN's annual net profit of 360 million RMB increased by 92.9%, with a final dividend of 0.95 yuan

06886

Huatai Securities has maintained a Buy rating on Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H (2657), setting a price target of HK$130.88. The shares closed at HK$65.80, with an analyst consensus rating of Strong Buy and an average price target of HK$117.33.

Tip Ranks

HTSC

Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H (2657) Gets a Buy from Huatai Securities

FOREST CABIN(02657.HK)