Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ৳13.40, the stock trades at a trailing P/E ratio of 47.6x. Average trailing P/E is 24x in the Luxury industry in Bangladesh. Total loss to shareholders of 20% over the past three years. New Risk • Jul 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2025 fiscal period end). Revenue has declined by 44% over the past year. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Revenue is less than US$5m (৳386m revenue, or US$3.1m). Market cap is less than US$100m (৳2.57b market cap, or US$21.0m). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳11.20, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 22x in the Luxury industry in Bangladesh. Total loss to shareholders of 33% over the past three years. Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Chairman Fazlutun Nessa was the last director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Apr 24
Dragon Sweater & Spinning Limited to Report Q3, 2026 Results on Apr 29, 2026 Dragon Sweater & Spinning Limited announced that they will report Q3, 2026 results on Apr 29, 2026 Aankondiging • Jan 21
Dragon Sweater & Spinning Limited to Report Q2, 2026 Results on Jan 28, 2026 Dragon Sweater & Spinning Limited announced that they will report Q2, 2026 results on Jan 28, 2026 Aankondiging • Nov 11
Dragon Sweater & Spinning Limited to Report Q1, 2026 Results on Nov 13, 2025 Dragon Sweater & Spinning Limited announced that they will report Q1, 2026 results on Nov 13, 2025 Aankondiging • Oct 29
Dragon Sweater & Spinning Limited announces Annual dividend, payable on January 29, 2026 Dragon Sweater & Spinning Limited announced Annual dividend of BDT 0.0500 per share payable on January 29, 2026, ex-date on November 26, 2025 and record date on November 25, 2025. Aankondiging • Oct 28
Dragon Sweater & Spinning Limited, Annual General Meeting, Dec 30, 2025 Dragon Sweater & Spinning Limited, Annual General Meeting, Dec 30, 2025, at 10:00 Central Asia Standard Time. Location: (5th floor) 68/8, dit road, malibagh chowdhury, para, dhaka Bangladesh Aankondiging • Oct 21
Dragon Sweater & Spinning Limited to Report Fiscal Year 2025 Results on Oct 27, 2025 Dragon Sweater & Spinning Limited announced that they will report fiscal year 2025 results on Oct 27, 2025 Aankondiging • Apr 21
Dragon Sweater & Spinning Limited to Report Q3, 2025 Results on Apr 26, 2025 Dragon Sweater & Spinning Limited announced that they will report Q3, 2025 results on Apr 26, 2025 Aankondiging • Jan 27
Dragon Sweater & Spinning Limited to Report Q2, 2025 Results on Jan 29, 2025 Dragon Sweater & Spinning Limited announced that they will report Q2, 2025 results on Jan 29, 2025 Aankondiging • Nov 29
Dragon Sweater & Spinning Limited, Annual General Meeting, Dec 31, 2024 Dragon Sweater & Spinning Limited, Annual General Meeting, Dec 31, 2024, at 11:00 Central Asia Standard Time. Location: will be conducted through hybrid system at, imperial convention center, (5th floor) 68/b, dit road, malibagh chowdhury para, dhaka 1219 Bangladesh Aankondiging • Nov 28
Dragon Sweater & Spinning Limited Recommends Cash Dividend for the Year Ended June 30, 2024 The Board of Directors of Dragon Sweater & Spinning Limited has recommended 1% Cash Dividend for the year ended June 30, 2024. Date of AGM: December 31, 2024. Aankondiging • Nov 25
Dragon Sweater & Spinning Limited to Report Q1, 2025 Results on Nov 28, 2024 Dragon Sweater & Spinning Limited announced that they will report Q1, 2025 results on Nov 28, 2024 Aankondiging • Nov 20
Dragon Sweater & Spinning Limited to Report Fiscal Year 2024 Results on Nov 27, 2024 Dragon Sweater & Spinning Limited announced that they will report fiscal year 2024 results on Nov 27, 2024 Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳6.90, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 19x in the Luxury industry in Bangladesh. Total loss to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳10.50, the stock trades at a trailing P/E ratio of 44.3x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 36% over the past three years. Reported Earnings • May 09
Third quarter 2024 earnings released: EPS: ৳0.03 (vs ৳0.15 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.03 (down from ৳0.15 in 3Q 2023). Revenue: ৳123.6m (down 48% from 3Q 2023). Net income: ৳6.23m (down 80% from 3Q 2023). Profit margin: 5.0% (down from 13% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 26
Dragon Sweater & Spinning Limited to Report Q3, 2024 Results on Apr 29, 2024 Dragon Sweater & Spinning Limited announced that they will report Q3, 2024 results on Apr 29, 2024 New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (৳2.42b market cap, or US$22.1m). Reported Earnings • Feb 13
Second quarter 2024 earnings released: EPS: ৳0.06 (vs ৳0.18 in 2Q 2023) Second quarter 2024 results: EPS: ৳0.06 (down from ৳0.18 in 2Q 2023). Revenue: ৳182.6m (down 45% from 2Q 2023). Net income: ৳13.5m (down 67% from 2Q 2023). Profit margin: 7.4% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳15.10, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 36x in the Luxury industry in Bangladesh. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳14.20, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 33x in the Luxury industry in Bangladesh. Total returns to shareholders of 29% over the past three years. Reported Earnings • Dec 04
Full year 2023 earnings released: EPS: ৳0.53 (vs ৳1.10 in FY 2022) Full year 2023 results: EPS: ৳0.53 (down from ৳1.10 in FY 2022). Revenue: ৳1.04b (down 38% from FY 2022). Net income: ৳111.1m (down 52% from FY 2022). Profit margin: 11% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 03
Upcoming dividend of ৳0.10 per share at 1.2% yield Eligible shareholders must have bought the stock before 10 December 2023. Payment date: 28 January 2024. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Lower than average of industry peers (2.6%). New Risk • Nov 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.4% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Market cap is less than US$100m (৳3.58b market cap, or US$32.5m). Reported Earnings • May 15
Third quarter 2023 earnings released: EPS: ৳0.15 (vs ৳0.34 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.15 (down from ৳0.34 in 3Q 2022). Revenue: ৳239.4m (down 39% from 3Q 2022). Net income: ৳31.8m (down 53% from 3Q 2022). Profit margin: 13% (down from 17% in 3Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: ৳0.18 (vs ৳0.29 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.18 (down from ৳0.29 in 2Q 2022). Revenue: ৳334.0m (down 13% from 2Q 2022). Net income: ৳37.2m (down 39% from 2Q 2022). Profit margin: 11% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Dec 31
Dragon Sweater & Spinning Limited Approves Cash Dividend for the Year Ended June 30, 2022 Dragon Sweater & Spinning Limited has approved 2% cash dividend for the year ended June 30, 2022. Reported Earnings • Dec 30
Full year 2022 earnings released: EPS: ৳1.10 (vs ৳1.16 in FY 2021) Full year 2022 results: EPS: ৳1.10 (down from ৳1.16 in FY 2021). Revenue: ৳1.67b (down 11% from FY 2021). Net income: ৳232.0m (down 5.3% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 24
Upcoming dividend of ৳0.20 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 29 January 2023. Trailing yield: 1.2%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Md. Jinnat Mian was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Md. Jinnat Mian was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment improved over the past week After last week's 16% share price gain to ৳21.20, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improved over the past week After last week's 17% share price gain to ৳19.00, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 26x in the Luxury industry in Bangladesh. Total returns to shareholders of 23% over the past three years. Reported Earnings • Feb 06
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.27 (up from ৳0.27 in 2Q 2021). Revenue: ৳382.5m (up 2.2% from 2Q 2021). Net income: ৳60.5m (up 3.1% from 2Q 2021). Profit margin: 16% (in line with 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Reported Earnings • Dec 17
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: EPS: ৳0.33 (up from ৳0.27 in 1Q 2021). Revenue: ৳362.1m (up 3.9% from 1Q 2021). Net income: ৳71.9m (up 20% from 1Q 2021). Profit margin: 20% (up from 17% in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳17.40, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 60x in the Luxury industry in Bangladesh. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 16% share price gain to ৳19.10, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 45x in the Luxury industry in Bangladesh. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 18% share price gain to ৳14.50, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 35x in the Luxury industry in Bangladesh. Total returns to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 17% share price gain to ৳12.10, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 27x in the Luxury industry in Bangladesh. Total loss to shareholders of 13% over the past three years. Reported Earnings • Feb 20
Second quarter 2021 earnings released: EPS ৳0.29 (vs ৳0.36 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ৳374.4m (down 3.4% from 2Q 2020). Net income: ৳58.7m (down 18% from 2Q 2020). Profit margin: 16% (down from 19% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 6% per year. Is New 90 Day High Low • Jan 04
New 90-day high: ৳13.60 The company is up 14% from its price of ৳11.91 on 06 October 2020. The Bangladeshi market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 2.0% over the same period. Is New 90 Day High Low • Dec 14
New 90-day high: ৳13.10 The company is up 6.0% from its price of ৳12.35 on 14 September 2020. The Bangladeshi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 13
New 90-day high: ৳13.10 The company is up 6.0% from its price of ৳12.35 on 14 September 2020. The Bangladeshi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Is New 90 Day High Low • Dec 11
New 90-day high: ৳13.10 The company is up 6.0% from its price of ৳12.35 on 10 September 2020. The Bangladeshi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 4.0% over the same period. Valuation Update With 7 Day Price Move • Dec 10
Market bids up stock over the past week After last week's 16% share price gain to ৳13.10, the stock is trading at a trailing P/E ratio of 11.7x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 22x in the Luxury industry in Bangladesh. Total returns to shareholders over the past three years are 14%. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 19% share price gain to ৳12.30, the stock is trading at a trailing P/E ratio of 11x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 21x in the Luxury industry in Bangladesh. Total returns to shareholders over the past three years are 5.6%. Reported Earnings • Nov 21
First quarter 2021 earnings released: EPS ৳0.34 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ৳348.6m (up 8.1% from 1Q 2020). Net income: ৳60.0m (up 23% from 1Q 2020). Profit margin: 17% (up from 15% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Is New 90 Day High Low • Nov 18
New 90-day low: ৳11.50 The company is down 9.0% from its price of ৳12.70 on 20 August 2020. The Bangladeshi market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period. Aankondiging • Nov 10
Dragon Sweater & Spinning Limited to Report Q1, 2021 Results on Nov 12, 2020 Dragon Sweater & Spinning Limited announced that they will report Q1, 2021 results on Nov 12, 2020 Aankondiging • Jul 06
Dragon Sweater & Spinning Limited to Report Q3, 2020 Results on Jul 09, 2020 Dragon Sweater & Spinning Limited announced that they will report Q3, 2020 results on Jul 09, 2020 
