Companies ›Consumer Cyclicals ›1121.HK

1121.HK — HKEX Footwear

1121.Hk

HK$0,86

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Mcap

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P/E

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EV / Rev

—

Div yield

—

Op margin

-191,9 %

ROE

-115,3 %

Net margin

-198,5 %

Debt / equity

0,58

Beta

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52w range

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Volume

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Day range

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Prev close

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Open

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Next earnings

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Ex-dividend

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TR 1Y

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About

1121.HK is a footwear company that generates revenue primarily through the design, production, and sale of footwear products.

Business. 1121.HK is a footwear company that generates revenue primarily through the design, production, and sale of footwear products.

Classification92 %

SectorConsumer Cyclicals

Business sectorCyclical Consumer Products

IndustryFootwear

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

— missing data

See all catalysts →

At a glance

Score

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not yet scored

Valuation

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valuation pending

Analysts

—

not yet wired

Ownership

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not yet wired

Profitability→

-115,3 %

return on equity

Quality

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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning 1121.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples−0,4 %+2,5 %−1,0 %

Real Estate−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to 1121.HK. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

1121.HK is a footwear company that generates revenue primarily through the design, production, and sale of footwear products.

Classification92 %

SectorConsumer Cyclicals

Business sectorCyclical Consumer Products

IndustryFootwear

AI synthesis

GENERATED

The company's capital structure is marked by a debt-to-equity ratio of 0.58, indicating a moderate level of leverage. However, the current ratio of 0.81 suggests that the company's current liabilities exceed its current assets, signaling potential liquidity constraints. The negative net cash position, after subtracting total debt, further underscores the company's liquidity risk.

Profitability metrics are severely negative, with a return on equity of -1.15 and a return on assets of -0.51. These figures are well below the typical performance of the footwear industry, which generally expects positive returns on equity and assets. The company's operating and net losses indicate a significant deviation from industry norms and suggest operational inefficiencies or market challenges.

The company's revenue is concentrated in the footwear segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and shifts in consumer demand. The absence of detailed segment or geographic breakdowns in the financial data limits the ability to assess the company's exposure to different markets.

The company's growth trajectory is currently negative, with operating and net income in the red. There is no indication of a turnaround in the near term, and the financial data does not provide a clear path to profitability. The company's revenue history shows a decline, and without significant operational improvements or strategic changes, the outlook remains challenging.

Risk factors include liquidity constraints and the potential for further operational losses. The company's dilution potential is low, as there is no indication of recent or planned share issuances that would significantly affect the ownership structure. However, the company's financial performance and liquidity position may necessitate future capital raising, which could lead to dilution.

Recent events, as disclosed in the latest financial filings, include a significant operating loss and a negative net income. These results reflect ongoing challenges in the footwear market and the company's inability to maintain profitability. The company has not disclosed any major strategic initiatives or cost-cutting measures in recent filings or transcripts.

Key takeaways

The company is experiencing significant financial distress, with negative returns on equity and assets.
Liquidity is a concern, as the current ratio is below 1 and net cash is negative after subtracting total debt.
The company's revenue is concentrated in a single segment, increasing its vulnerability to market fluctuations.
There is no clear indication of a turnaround in the near term, and the company's growth trajectory is negative.
The risk of further dilution is low, but the company may need to raise capital to address liquidity and operational challenges.

Bull / Bear case

analysis pipeline

— missing data

In focus — financials by report

Valuation

Market price

HK$0,86

Market cap

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Enterprise valueⓘ

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P/Eⓘ

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Non-GAAP P/Eⓘ

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EV / Revenueⓘ

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EV / Op incomeⓘ

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EV / OCFⓘ

—

P / Bⓘ

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P / Tangible bookⓘ

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Tangible book

HK$267.2M

Net cashⓘ

-HK$154.9M

Current ratioⓘ

0.8

Debt / equityⓘ

0.6

ROAⓘ

-51.1%

ROEⓘ

-1.2%

Cash conversionⓘ

—

CapEx / revenueⓘ

—

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

Business relationships

— missing data

Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Predictor forecast

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

— missing data

Themes

— missing data

ESG

— missing data

Risk factors

Dilution riskLow

Liquidity riskMedium

Filing-based flags

Net cash is negative after subtracting total debt.

Benchmarks vs cohort

Op Margin-191,9 %Bottom quartile

Net Margin-198,5 %Bottom quartile

ROE-115,3 %Bottom quartile

D/E0,58Below median

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Return On Assets
net_income / total_assets

Source documents

1121.HK Market data — financials · 2026-05-26

Ownership & reference

Leadership

Chuang KangExecutive Chairman of the Board

Insider activity

— missing data

Short positioning

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

1121.HKCanonical

HKEX · HKD

Intel & risk

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Evidence & claims

From filings & derived data

— missing data

The Thread

Everything we know, in order

— missing data

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Leadership

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread