Jiujiuwang (01927.HK) Financial Performance Improvement and Market Attention Analysis

Jiujiuwang Food International Co., Ltd. (01927.HK) is a Chinese candy and snack food manufacturer, with businesses covering OEM processing and own-brand sales (e.g., Kusha brand). Its products cover Chinese retail terminals through distribution networks [1]. In 2025, the company’s financial performance improved significantly: revenue increased by 51.2% year-on-year to 3.04 billion yuan, and net loss narrowed by 52.2% to -43.15 million yuan [3]. The stock price showed a trend of first rising then falling—after reaching a peak in September, it stabilized around HK$0.14. The current bid price is HK$0.120 and ask price is HK$0.124 [4].

1. Benefiting from Consumption Recovery
   : The company’s performance improvement is highly related to the consumption recovery trend in the food manufacturing sector. Against the backdrop of industry consolidation, its dual business model (OEM + own brand) provides growth momentum [3];
2. Stock Price and Financial Linkage
   : Revenue growth and narrowing losses have boosted market attention, but the stabilized stock price reflects investors’ wait-and-see attitude towards sustained profitability [4].

• Intensified industry competition may affect market share [0];
• Fluctuations in raw material prices may squeeze profit margins [0];
  
  Opportunities
  :
• Under the trend of consumption upgrading, the growth in demand for snack foods brings expansion opportunities [3];
• Industry consolidation is expected to increase market concentration, which is beneficial to leading enterprises [0].

As a candy and snack food manufacturer, Jiujiuwang (01927.HK) saw significant improvement in financial performance in 2025, benefiting from consumption recovery and its dual business model. After short-term fluctuations, the stock price has stabilized—investors need to pay attention to subsequent profitability sustainability and industry dynamics.