Trade ANTA SPORTS - 2020 CFD

ANTA Sports Company profile

About ANTA Sports Products Ltd

ANTA Sports Products Limited is principally engaged in the manufacture and trading of sporting goods, including footwear, apparel and accessories in the Mainland China. The Company focuses on sportswear market in China with a brand portfolio, including ANTA, ANTA KIDS, FILA, FILA KIDS and NBA. Through its subsidiaries, the Company is also engaged in the manufacture of shoe sole. The Company's subsidiaries include Anta Enterprise Group Limited, Motive Force Sports Products Limited and REEDO Sports Products Limited.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, ANTA Sports Products Ltd revenues increased 39% to RMB49.33B. Net income increased 50% to RMB7.72B. Revenues reflect Apparel increase of 32% to RMB28.63B, Footwear increase of 51% to RMB19.14B, Accessories increase of 36% to RMB1.56B. Net income benefited from Share of loss of a joint venture decrease of 87% to RMB81M (expense), Interest Exp-Net of CapitalizedInterest decrease of 10% to RMB238M (expense).