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2528.HK HKEX Apparel & Accessories Retailers

2528.Hk

HK$0,70
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Mcap
280,0M HKD
P/E
EV / Rev
Div yield
Op margin
9,1 %
ROE
27,1 %
Net margin
6,6 %
Debt / equity
1,08
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the apparel and accessories retail sector, generating revenue primarily through the sale of clothing and related products to consumers.

Business. The company operates in the apparel and accessories retail sector, generating revenue primarily through the sale of clothing and related products to consumers.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryApparel & Accessories Retailers
ActivityRetailers
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
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
27,1 %
return on equity
Quality
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

0
  • No recent newsroom coverage mentioning 2528.
  • 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 2528.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

    The company operates in the apparel and accessories retail sector, generating revenue primarily through the sale of clothing and related products to consumers.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryApparel & Accessories Retailers
    ActivityRetailers
    AI synthesis
    GENERATED

    The company maintains a market price of 0.69 and a market cap of 276,000,000, with a price-to-earnings ratio of 4.79 and a price-to-book ratio of 1.3, indicating a relatively low valuation compared to book value. The company's return on equity is 27.11%, and return on assets is 8.57%, suggesting strong profitability relative to its equity and asset base. The debt-to-equity ratio is 1.08, indicating a moderate level of leverage, while the current ratio of 1.31 suggests adequate short-term liquidity.

    The company's operating income of 79,081,000 and net income of 57,673,000 reflect a healthy margin performance, with a gross profit of 413,906,000. These figures align with the industry's preferred metrics for profitability and returns. The company's return on equity of 27.11% is significantly higher than the typical industry benchmark, indicating efficient use of equity capital.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to regional economic fluctuations and market-specific risks. The company's revenue history shows a stable performance, with no significant growth or decline in the most recent period.

    The company's outlook for the current fiscal year is stable, with no significant changes in revenue expected. The next fiscal year is also projected to maintain this stability, with no substantial growth or contraction anticipated. The company's risk assessment indicates a medium liquidity risk and a low dilution risk, with key flags noting that net cash is negative after subtracting total debt.

    The company has not disclosed any recent significant events, such as major filings or transcripts, that would impact its financial performance or strategic direction. The absence of recent events suggests a stable operational environment, though it may also indicate a lack of strategic initiatives or market-moving developments.

    Key takeaways
    • The company is undervalued relative to book value, with a price-to-book ratio of 1.3.
    • The company demonstrates strong profitability, with a return on equity of 27.11%.
    • The company's leverage is moderate, with a debt-to-equity ratio of 1.08.
    • The company's liquidity is adequate, as indicated by a current ratio of 1.31.
    • The company's revenue is not diversified across segments or geographies, increasing exposure to regional risks.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$0,70
    Market cap
    HK$276.0M
    Enterprise value
    HK$429.1M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.3x
    P / Tangible book
    1.3x
    Tangible book
    HK$212.8M
    Net cash
    -HK$153.2M
    Current ratio
    1.3
    Debt / equity
    1.1
    ROA
    8.6%
    ROE
    27.1%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    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 Margin9,1 %Above median
    Net Margin6,6 %Above median
    ROE27,1 %Best in class
    D/E1,08Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    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
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • 2528.HK Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Wing Ting FanExecutive Chairman of the Board
    • Xingyi ChenChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2528.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