Hi Brother Bestworld Depending on which province you visited, you will get different feedback. If you visited the first-tier cities like Shanghai, Beijing etc, Nike is the number one choice... Addidas is second and probably Kappa will come in third... That\'s it. No Chinese brand will ever make it in these tier-1 cities. Tier-2 cities like Xiamen, Guangdong, Chengdu etc.. you still can see Li Ning as the top seller, probably Kappa second, Anta is third and you might see XTEP. Tier-3 cities like Shenyang, Changsha etc, you will see more Li Ning, Anta and XTEP....probably a little bit of Erke. Other Chinese sportswear brands you see include, Seven wolves, 360, etc I am sorry but I really don\'t see China Sports or Eratat in China shopping centres. They could be outside the top 10 or 20.
CHINA ERATAT REPORTS REMARKABLE FULL YEAR RESULTS FY revenue jumped by 71.6% to RMB777.3 million FY net profit rose by 79.5% to RMB125.9 million Gross profit margin increased to 30.1% Declared a first and final dividend of RMB0.0152 per share for FY09 Another SOLID year. This babe is definitely way undervalued! EPS 6.69 SGD cents...implied a PE of only 2.3!! Not to mention the strong cash position of 154 million!
