Stock 2528 FORWARD FASHION (INTERNATIONAL) HOLDINGS COMPANY LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Forward Fashion (International) Holdings Company Limited

Equities

2528

KYG3642A1085

Apparel & Accessories Retailers

Market Closed - Hong Kong S.E.
Other stock markets
 04:08:03 2024-05-23 am EDT 		5-day change 1st Jan Change
0.22 HKD 0.00% Intraday chart for Forward Fashion (International) Holdings Company Limited +4.76% -25.42%
Mar. 27 Forward Fashion (International) Holdings Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Mar. 01 Forward Fashion Forecasts Narrower Loss in 2023 MT

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 472 376 152 118
Enterprise Value (EV) 1 821.1 726.5 423.2 376.9
P/E ratio -3.56 x 11.7 x -4.59 x -7 x
Yield - - - -
Capitalization / Revenue 0.53 x 0.31 x 0.16 x 0.12 x
EV / Revenue 0.93 x 0.59 x 0.44 x 0.37 x
EV / EBITDA -4.84 x 8.42 x 18.7 x 10.3 x
EV / FCF 3.25 x 5.22 x 2.8 x 3.7 x
FCF Yield 30.7% 19.2% 35.8% 27%
Price to Book 1.76 x 1.23 x 0.61 x 0.52 x
Nbr of stocks (in thousands) 400,000 400,000 400,000 400,000
Reference price 2 1.180 0.9400 0.3800 0.2950
Announcement Date 4/21/21 4/21/22 4/20/23 4/22/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,345 1,514 884.5 1,228 959.9 1,008
EBITDA 1 214.7 140.4 -169.7 86.32 22.67 36.77
EBIT 1 160.6 76.92 -234.8 39.27 -8.648 -4.115
Operating Margin 11.95% 5.08% -26.55% 3.2% -0.9% -0.41%
Earnings before Tax (EBT) 1 126.6 48.83 -133.9 47.12 -34.45 -18.24
Net income 1 103.9 37.17 -131.1 32.16 -33.14 -16.85
Net margin 7.73% 2.46% -14.83% 2.62% -3.45% -1.67%
EPS - 0.1239 -0.3313 0.0804 -0.0828 -0.0421
Free Cash Flow 1 141.9 210.1 252.5 139.2 151.4 101.8
FCF margin 10.55% 13.88% 28.54% 11.33% 15.77% 10.11%
FCF Conversion (EBITDA) 66.08% 149.65% - 161.23% 667.91% 276.95%
FCF Conversion (Net income) 136.48% 565.31% - 432.79% - -
Dividend per Share - 0.0500 - - - -
Announcement Date 12/30/19 4/22/20 4/21/21 4/21/22 4/20/23 4/22/24
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 623 668 349 350 271 259
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.902 x 4.76 x -2.057 x 4.061 x 11.96 x 7.041 x
Free Cash Flow 1 142 210 252 139 151 102
ROE (net income / shareholders' equity) 68.8% 17.1% -54.3% 11.2% -13.5% -8.6%
ROA (Net income/ Total Assets) 8.84% 3.8% -11.3% 2.04% -0.53% -0.28%
Assets 1 1,176 978.5 1,157 1,579 6,253 5,972
Book Value Per Share - 0.8000 0.6700 0.7600 0.6200 0.5700
Cash Flow per Share - 0.2400 0.5200 0.2900 0.1700 0.1800
Capex 1 90.4 121 30.9 41.2 62.6 57
Capex / Sales 6.72% 7.97% 3.49% 3.36% 6.52% 5.65%
Announcement Date 12/30/19 4/22/20 4/21/21 4/21/22 4/20/23 4/22/24
1HKD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Apparel & Accessories Retailers

1st Jan change Capi.
FORWARD FASHION (INTERNATIONAL) HOLDINGS COMPANY LIMITED Stock Forward Fashion (International) Holdings Company Limited
-25.42% 11.27M
INDITEX Stock INDITEX
+12.43% 147B
FAST RETAILING CO., LTD. Stock Fast Retailing Co., Ltd.
+17.52% 79.73B
ROSS STORES, INC. Stock Ross Stores, Inc.
-4.60% 44.1B
KERING Stock Kering
-16.63% 43.85B
HENNES & MAURITZ AB Stock Hennes & Mauritz AB
+5.25% 28.23B
NEXT PLC Stock Next plc
+14.66% 14.23B
BURLINGTON STORES, INC. Stock Burlington Stores, Inc.
-3.83% 11.83B
TAPESTRY, INC. Stock Tapestry, Inc.
+12.33% 9.53B
LPP SA Stock LPP SA
+5.74% 8.15B
Other Apparel & Accessories Retailers
  1. Stock Market
  2. Equities
  3. 2528 Stock
  4. Financials Forward Fashion (International) Holdings Company Limited