Youngor Fashion Co Ltd

Youngor maintains a debt-to-equity ratio of 0.58, indicating a moderate reliance on debt financing, while its current ratio of 0.93 suggests limited short-term liquidity capacity, as current assets fall slightly short of current liabilities. The company reported negative net cash after subtracting total debt, signaling potential liquidity constraints.

Profitability metrics show a return on equity (ROE) of 2.42% and a return on assets (ROA) of 1.26%, both below the industry median for Apparel & Accessories, which typically exceeds 3% ROE and 2% ROA. This suggests Youngor is underperforming in capital efficiency and asset utilization relative to its peers.

Geographically, Youngor's revenue is heavily concentrated in China, with no material international exposure disclosed. Segment-wise, the company operates as a single business unit, with no diversification across product lines or geographic regions, increasing vulnerability to domestic economic shifts.

Youngor's revenue growth has been flat in recent periods, with no significant expansion in operating income or net income. The outlook for the current fiscal year indicates a marginal improvement in revenue, but the next fiscal year is expected to show only modest growth, with no material changes in cost structure or operating leverage.

The company faces moderate liquidity risk due to its current ratio and negative net cash position. Dilution risk is low, as shares outstanding have not changed between basic and diluted counts, and no recent equity issuance or ATM programs are disclosed. However, the company's capital structure includes long-term debt of 22.38 billion CNY, which could become a concern if interest rates rise or cash flow volatility increases.

Recent filings and transcripts show no material changes in business strategy or capital allocation. The company continues to focus on domestic market expansion and cost control, with no new product launches or geographic diversification initiatives disclosed in the latest reports.

Free cash flow surged 153.7% year-over-year, signaling a strong recovery in cash generation capabilities.

Cash conversion ratio of 0.79 ranks above the 0.61 cohort median, reflecting efficient working capital management.

Dilution risk is assessed as low, providing stability for existing shareholders' equity interests.

Credit risk is flagged as high, suggesting potential vulnerabilities in the company's financial health.

Liquidity risk is rated medium, highlighting potential challenges in meeting short-term financial obligations.

Revenue ¥13.75B, −7,2% YoY; Operating income −33,1% YoY.

• ▍Revenue ¥13.75B, −7,2% YoY
• ▍Operating income −33,1% YoY
• ▍Net income −32,2% YoY
• ▍Free cash flow −115,9% YoY
• ▍Net margin 25.0%

Revenue ¥14.82B, +8,9% YoY; Operating income −3,6% YoY.

• ▍Revenue ¥14.82B, +8,9% YoY
• ▍Operating income −3,6% YoY
• ▍Net income −1,1% YoY
• ▍Free cash flow +1 030,2% YoY
• ▍Net margin 34.2%