Jiujiu Wang (01927.HK) Hot Stock Analysis Report

Jiujiu Wang (01927.HK) is a company engaged in the manufacturing and sale of candy products, with main products including chewing gum candies, compressed candies, aerated candies, and hard candies, etc.[0]. In terms of market performance, as of December 30, 2025, the company’s stock price was HK$0.14, with a market capitalization of HK$109.3 million[0]. Its 1-month, 6-month, and YTD (year-to-date) stock price performances were +8.66%, +31.43%, and +16.95% respectively, with significant recent gains[0].

In terms of finance, the company’s price-to-earnings ratio (P/E) is -13.33x, price-to-book ratio (P/B) is 0.24x, return on equity (ROE) is -1.85%, and net profit margin is -2.49%, with multiple core financial indicators showing negative values[0].

The company actively participates in industry events; in May 2025, it attended the Shanghai SIAL Exhibition, and in July, it participated in the 9th Cross-Strait Food Trade Fair and the 12th Fujian-Taiwan (Quanzhou) Food Trade Fair[0]. However, in April 2025, the company was involved in a trademark infringement lawsuit and was determined to have committed infringement by using the trademark “Lóng Jiǎo Sàn” which is similar to the “Lóng Jiǎo Sàn” trademark[0].

1. Divergence Between Market Performance and Financial Fundamentals
   : Jiujiu Wang’s recent stock price has shown an obvious upward trend, but financial indicators show the company is in a loss-making state; this divergence is worthy of attention.
2. Positive Signal from Industry Event Participation
   : The company frequently participates in industry exhibitions, showing its efforts in expanding business and enhancing brand awareness.
3. Potential Impact of Trademark Infringement Incident
   : Although this incident has already occurred, it may still have a certain impact on the company’s brand image and legal risks.

1. Financial Condition Risk
   : Multiple financial indicators are negative, indicating poor profitability.
2. Legal Compliance Risk
   : The trademark infringement lawsuit incident exposed the company’s deficiencies in intellectual property protection, and it may face similar risks in the future.
3. Industry Competition Risk
   : The food candy industry is highly competitive, and the company needs to continuously improve product competitiveness to maintain its market position.

1. Industry Exhibition Expansion Opportunities
   : By participating in industry exhibitions, the company has the opportunity to reach more potential customers and partners, expanding business channels.
2. Consumer Market Demand Potential
   : As daily consumer goods, candy products still have stable market demand.

Jiujiu Wang (01927.HK) has shown active recent stock price performance, but its financial fundamentals need improvement. The company has taken active measures in business expansion, but also faces some risks. Investors and market participants should comprehensively consider the company’s market performance, financial status, and potential risks to make objective judgments and decisions.