ANTA Sports' strong performance is driven by its flagship Anta brand and the turnaround of Fila, showing resilience in China's consumption downgrade environment. The $290mn acquisition of Jack Wolfskin enhances ANTA's ex-China exposure and offers potential upselling opportunities in lower-tier Chinese cities. ANTA's value-for-money positioning and global expansion strategy, particularly into ASEAN and GCC, are key to its long-term growth amid a weak macro backdrop.
I upgraded ANTA Sports stock to Buy due to strong Q4 2024 performance and increasing market share in China's sportswear sector. Impressive sales growth in Q4 2024, with ANTA brand up HSD and FILA brand turning around with MSD growth. Strong financials enable capital return and investment, including rapid share buybacks, potential M&A, and increased dividend payouts.
With a differentiated DTC-skewed model and diversified multi-brand portfolio, ANTA has consistently delivered robust FCFE generation, best-in-class margins, growth, and inventory turnover regardless of market cycles. It appears as an innocent victim of the tremendous China consumer selloff in the recent 3 years, when it is resiliently growing at mid-teens CAGR with a recent all-time-high net margin. ANTA looks very cheap compared to its peers and deserves a 58% upside, taking into account its top-notch competitive positioning and shareholder value generation capability.
ANPD ANPDF In 2 months Estimated | Other | $0.15 Per Share |
ANPD ANPDF 1 month ago Paid | Other | $0.15 Per Share |
ANPD ANPDF 9 months ago Paid | Other | $0.15 Per Share |
ANPD ANPDF 9 months ago | Other | $0.15 Per Share |
ANPD ANPDF 13 May 2024 Paid | Other | $0.15 Per Share |
ANPD ANPDF 5 Sep 2023 | Other | $0.1 Per Share |
26 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
25 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | - Cons. EPS | - EPS |
24 Mar 2025 Date | | - Cons. EPS | - EPS |
27 Aug 2024 Date | | - Cons. EPS | - EPS |
ANPD ANPDF In 2 months Estimated | Other | $0.15 Per Share |
ANPD ANPDF 1 month ago Paid | Other | $0.15 Per Share |
ANPD ANPDF 9 months ago Paid | Other | $0.15 Per Share |
ANPD ANPDF 9 months ago | Other | $0.15 Per Share |
ANPD ANPDF 13 May 2024 Paid | Other | $0.15 Per Share |
ANPD ANPDF 5 Sep 2023 | Other | $0.1 Per Share |
26 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
25 Aug 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | - Cons. EPS | - EPS |
24 Mar 2025 Date | | - Cons. EPS | - EPS |
27 Aug 2024 Date | | - Cons. EPS | - EPS |
Leisure Industry | Consumer Cyclical Sector | Mr. Yonghua Wu CEO | OTC PINK Exchange | KYG040111059 ISIN |
CN Country | 65,900 Employees | 13 May 2025 Last Dividend | - Last Split | - IPO Date |
ANTA Sports Products Limited operates as a multifaceted entity within the sporting goods industry, focusing on the innovation, design, production, and distribution of a wide range of athletic footwear, apparel, and accessories. Its operations span across Mainland China, Hong Kong, Macao, and extend to various international markets. Established in 1991, ANTA Sports has cultivated a strong presence in the sportswear sector, supported by its headquarters located in Jinjiang, People's Republic of China. Beyond manufacturing and marketing, ANTA Sports is also engaged in research and development, which bolsters its portfolio and market adaptability. The company showcases a diverse approach to commerce through additional ventures in product design, logistics, information technology services, trademark holdings, property development and management, alongside import and export activities. Retail activities further complement its comprehensive business model, emphasizing ANTA Sports' role in the global sporting goods marketplace.