
Understanding the Market | GUOQUAN rose nearly 4%, with the company adding 361 new stores in Q3 and core operating profit increasing by approximately 44.4% year-on-year to 66.7%

GUOQUAN's stock price rose nearly 4%, up 3.75% as of the time of writing, at HKD 3.6, with a trading volume of HKD 46.2321 million. The company released its Q3 2025 performance, with a net increase of 361 stores, a year-on-year growth of 98%, bringing the total number of stores to 10,761. Revenue is approximately between RMB 1.85 billion and RMB 2.05 billion, a year-on-year increase of 13.6% to 25.8%; core operating profit is estimated to be between RMB 65 million and RMB 75 million, a year-on-year growth of 44.4% to 66.7%. Huatai Securities maintains a "Buy" rating, believing that the company's accelerated store expansion and category innovation will drive medium to long-term growth
According to Zhitong Finance APP, GUOQUAN (02517) rose nearly 4%, as of the time of writing, it increased by 3.75%, trading at HKD 3.6, with a transaction volume of HKD 46.2321 million.
In terms of news, GUOQUAN released its latest business situation for the third quarter of 2025. Benefiting from the guidance of the "Community Central Kitchen" strategy, the group steadily expanded its instant retail stores, with a net increase of 361 stores in the third quarter of 2025, a year-on-year increase of 98%, bringing the total number of stores to 10,761 as of September 30, 2025. In addition, the group achieved revenue (unaudited or reviewed) of approximately RMB 1.85 billion to RMB 2.05 billion in the third quarter of 2025, a year-on-year increase of approximately 13.6% to 25.8%; and core operating profit (unaudited or reviewed) of approximately RMB 65 million to RMB 75 million, a year-on-year increase of approximately 44.4% to 66.7%.
Huatai Securities believes that driven by category expansion, membership system construction, and refined operations, same-store sales continued to show impressive growth in Q3, with the self-owned factory driving rapid growth in the B2B business, and same-store optimization and scale effects enhancing profitability. The net increase of stores in Q3 was 361, and the goal of adding 1,000 new stores for the year is steadily progressing as planned. The firm is optimistic about the company's accelerated store expansion and category innovation driving long-term growth, with the core advantages of "efficient supply chain + self-developed explosive products + scale of ten thousand stores" becoming increasingly evident, maintaining a "buy" rating

