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MARKETS CLOSED · LAST TRADE Thu 03:29 UTC
0540$0.2156

Speedy Global Holdings Ltd

Apparel & AccessoriesVerified
Score breakdown
Valuation+39Profitability+12Sentiment+30Missing signals-1
Quality breakdown
Key fields100Profile38Conclusion95AI synthesis40Observations3

Speedy Global Holdings Ltd maintains a strong liquidity position, with a current ratio of 1.72 and cash and equivalents of HKD 57.26 million, representing 25.8% of total assets. The company's price-to-book ratio of 1.33 and price-to-tangible-book ratio of 1.33 suggest a moderate premium to its equity value, while the low debt-to-equity ratio of 0.05 indicates a conservative capital structure [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 8.11% and a return on assets (ROA) of 3.44%, both below the industry median for Apparel & Accessories firms. Gross profit of HKD 44.30 million and operating income of HKD 9.78 million reflect a gross margin of 12.0% and an operating margin of 2.6%, which are in line with the sector's average but highlight limited margin expansion potential [doc:HA-latest]. The company's revenue is concentrated in its domestic and overseas apparel supply chain services, with no disclosed segment breakdown. Geographic exposure is not specified, but the business model suggests reliance on global manufacturing and retail demand. No major revenue concentration risks are identified in the available data [doc:HA-latest]. Outlook for the current fiscal year shows a revenue growth trajectory, though specific numeric deltas are not provided. The company's market cap of HKD 125.40 million and a price-to-earnings ratio of 16.44 suggest a valuation in line with earnings expectations. No significant growth catalysts or headwinds are disclosed in the latest filings [doc:HA-latest]. Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt load and strong cash position reduce financial stressors. No dilution potential is identified in the basic shares outstanding, and no adjustments are applied to the valuation metrics [doc:HA-latest]. Recent events include no material filings or transcripts disclosed in the latest data. The company's operations remain focused on its core apparel supply chain services, with no significant strategic shifts or capital allocation changes reported [doc:HA-latest].

Profile
CompanySpeedy Global Holdings Ltd
Ticker0540.HK
SectorConsumer Cyclicals
BusinessCyclical Consumer Products
Industry groupCyclical Consumer Products
IndustryApparel & Accessories
AI analysis

Business. Speedy Global Holdings Ltd provides apparel supply chain services, including product design, raw material sourcing, production management, quality control, and logistics, primarily in woven wear, cut-and-sewn knitwear, and sweater knitwear products [doc:HA-latest].

Classification. Speedy Global Holdings Ltd is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Apparel & Accessories industry, with a confidence level of 0.92 [doc:verified market data].

Speedy Global Holdings Ltd maintains a strong liquidity position, with a current ratio of 1.72 and cash and equivalents of HKD 57.26 million, representing 25.8% of total assets. The company's price-to-book ratio of 1.33 and price-to-tangible-book ratio of 1.33 suggest a moderate premium to its equity value, while the low debt-to-equity ratio of 0.05 indicates a conservative capital structure [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 8.11% and a return on assets (ROA) of 3.44%, both below the industry median for Apparel & Accessories firms. Gross profit of HKD 44.30 million and operating income of HKD 9.78 million reflect a gross margin of 12.0% and an operating margin of 2.6%, which are in line with the sector's average but highlight limited margin expansion potential [doc:HA-latest]. The company's revenue is concentrated in its domestic and overseas apparel supply chain services, with no disclosed segment breakdown. Geographic exposure is not specified, but the business model suggests reliance on global manufacturing and retail demand. No major revenue concentration risks are identified in the available data [doc:HA-latest]. Outlook for the current fiscal year shows a revenue growth trajectory, though specific numeric deltas are not provided. The company's market cap of HKD 125.40 million and a price-to-earnings ratio of 16.44 suggest a valuation in line with earnings expectations. No significant growth catalysts or headwinds are disclosed in the latest filings [doc:HA-latest]. Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt load and strong cash position reduce financial stressors. No dilution potential is identified in the basic shares outstanding, and no adjustments are applied to the valuation metrics [doc:HA-latest]. Recent events include no material filings or transcripts disclosed in the latest data. The company's operations remain focused on its core apparel supply chain services, with no significant strategic shifts or capital allocation changes reported [doc:HA-latest].
Key takeaways
  • Strong liquidity position with a current ratio of 1.72 and HKD 57.26 million in cash and equivalents.
  • Conservative capital structure with a low debt-to-equity ratio of 0.05.
  • ROE of 8.11% and ROA of 3.44% indicate moderate profitability but below industry median.
  • No immediate liquidity or dilution risks identified in the risk assessment.
  • Revenue concentration and geographic exposure remain undisclosed, limiting visibility into potential risks.
  • --
  • ## RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyHKD
Revenue$370.7M
Gross profit$44.3M
Operating income$9.8M
Net income$7.6M
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets$221.9M
Total liabilities$127.9M
Total equity$94.0M
Cash & equivalents$57.3M
Long-term debt$4.7M
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$370.7M$9.8M$7.6M
FY-1$660.5M$25.1M$16.9M$20.1M
FY-2$462.3M-$1.4M-$5.0M$3.1M
FY-3$561.8M-$26.7M-$34.5M-$19.9M
FY-4$750.5M-$33.3M-$31.3M-$12.1M
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$221.9M$94.0M$57.3M
FY-1$283.3M$86.1M$87.3M
FY-2$261.0M$69.5M$96.2M
FY-3$319.9M$75.4M
FY-4$437.3M$120.7M
PeriodOCFCapExFCFSBC
FY0
FY-1-$22.0M-$596.0k$20.1M
FY-2$22.5M-$963.0k$3.1M
FY-3$16.0M-$1.4M-$19.9M
FY-4$15.6M-$2.0M-$12.1M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price$0.21
Market cap$125.4M
Enterprise value$72.9M
P/E16.4
Reported non-GAAP P/E
EV/Revenue0.2
EV/Op income7.5
EV/OCF
P/B1.3
P/Tangible book1.3
Tangible book$94.0M
Net cash$52.5M
Current ratio1.7
Debt/Equity0.1
ROA3.4%
ROE8.1%
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Apparel & Accessories · cohort 2 companies
Metric0540Activity
Op margin2.6%6.6% medp25 4.6% · p75 8.7%bottom quartile
Net margin2.1%3.7% medp25 2.0% · p75 5.5%below median
Gross margin12.0%57.5% medp25 57.5% · p75 57.5%bottom quartile
CapEx / revenue1.1% medp25 0.9% · p75 1.4%
Debt / equity5.0%124.3% medp25 86.1% · p75 162.6%bottom quartile
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-02 03:18 UTC#146e0e72
Market quoteclose HKD 0.21 · shares 0.60B diluted
no public URL
2026-05-02 03:18 UTC#84249472
Source: analysis-pipeline (hybrid)Generated: 2026-05-02 03:20 UTCJob: 44d16d4a