ANTA Sports Products Ltd

02020: XHKG (HKG)

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Anta Sports: Long-Term Outlook Intact Despite Near-Term Pressure; Maintaining Fair Value

Ivan Su , Junhao Yang

Jan 21, 2026

Anta reported fourth-quarter 2025 operating results, with retail sales rising roughly 8% year on year. Management expects the operating margin to come under pressure in 2026 due to brand-building expenses tied to upcoming major sporting events.

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ANTA Sports Products Ltd

Anta Sports: Long-Term Outlook Intact Despite Near-Term Pressure; Maintaining Fair Value

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