SEHK:1361

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361 Degrees International

Executive Summary

361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People’s Republic of China. More Details


Snowflake Analysis

Very undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has 361 Degrees International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1361 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

1361

-1.7%

HK Luxury

-0.7%

HK Market


1 Year Return

-41.0%

1361

9.6%

HK Luxury

0.4%

HK Market

Return vs Industry: 1361 underperformed the Hong Kong Luxury industry which returned 9.6% over the past year.

Return vs Market: 1361 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

1361IndustryMarket
7 Day-1.0%-1.7%-0.7%
30 Day-5.9%12.0%4.9%
90 Day-12.8%27.7%1.2%
1 Year-40.2%-41.0%11.8%9.6%4.6%0.4%
3 Year-64.4%-68.4%45.6%32.1%-7.1%-17.2%
5 Year-60.4%-68.0%74.6%48.9%15.0%-4.5%

Price Volatility Vs. Market

How volatile is 361 Degrees International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is 361 Degrees International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1361 (HK$0.95) is trading below our estimate of fair value (HK$3.52)

Significantly Below Fair Value: 1361 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1361 is good value based on its PE Ratio (4.6x) compared to the HK Luxury industry average (10.9x).

PE vs Market: 1361 is good value based on its PE Ratio (4.6x) compared to the Hong Kong market (10.9x).


Price to Earnings Growth Ratio

PEG Ratio: 1361 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 1361 is good value based on its PB Ratio (0.3x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is 361 Degrees International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1361's forecast earnings growth (12.5% per year) is above the savings rate (1.6%).

Earnings vs Market: 1361's earnings (12.5% per year) are forecast to grow slower than the Hong Kong market (22.1% per year).

High Growth Earnings: 1361's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1361's revenue (9.5% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 1361's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1361's Return on Equity is forecast to be low in 3 years time (7.1%).


Next Steps

Past Performance

How has 361 Degrees International performed over the past 5 years?

-5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1361 has high quality earnings.

Growing Profit Margin: 1361's current net profit margins (7.2%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: 1361's earnings have declined by 5.9% per year over the past 5 years.

Accelerating Growth: 1361's earnings growth over the past year (9.1%) exceeds its 5-year average (-5.9% per year).

Earnings vs Industry: 1361 earnings growth over the past year (9.1%) exceeded the Luxury industry -29.5%.


Return on Equity

High ROE: 1361's Return on Equity (6.5%) is considered low.


Next Steps

Financial Health

How is 361 Degrees International's financial position?


Financial Position Analysis

Short Term Liabilities: 1361's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥4.7B).

Long Term Liabilities: 1361's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥101.1M).


Debt to Equity History and Analysis

Debt Level: 1361's debt to equity ratio (34.2%) is considered satisfactory.

Reducing Debt: 1361's debt to equity ratio has increased from 28.7% to 34.2% over the past 5 years.

Debt Coverage: 1361's debt is well covered by operating cash flow (21.3%).

Interest Coverage: 1361's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


Next Steps

Dividend

What is 361 Degrees International current dividend yield, its reliability and sustainability?

10.88%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1361's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1361's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1361's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1361's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1361 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1361's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

  • Explore strong dividend paying companies in the Consumer Durables industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average board tenure


CEO

Wuhao Ding (55 yo)

12.17yrs

Tenure

CN¥1,358,000

Compensation

Mr. Ding Wuhao serves as the President of 361 Degrees International Limited and has been its Executive Director since August 1, 2008. Mr. Ding has more than 15 years of experience in the PRC sportswear ind ...


CEO Compensation Analysis

Compensation vs Market: Wuhao's total compensation ($USD201.83K) is below average for companies of similar size in the Hong Kong market ($USD294.09K).

Compensation vs Earnings: Wuhao's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Huihuang Ding
Executive Chairmanno dataCN¥1.05m16.29%
CN¥ 320.0m
Wuhao Ding
President & Executive Director12.17yrsCN¥1.36m17.03%
CN¥ 334.4m
Huirong Ding
VP & Executive Director12.17yrsCN¥1.04m15.67%
CN¥ 307.9m
Jiabi Wang
VP & Executive Director12.17yrsCN¥602.00k8.16%
CN¥ 160.3m
Ping Cho Hon
Independent Non-Executive Director1.42yrsCN¥228.00kno data
Chuang Chen
Independent Non- Executive Director1.17yrsCN¥123.00kno data
Ming Wai Wu
Independent Non-Executive Director0.17yrno datano data

6.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 1361's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

361 Degrees International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: 361 Degrees International Limited
  • Ticker: 1361
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$1.964b
  • Shares outstanding: 2.07b
  • Website: https://www.361sport.com

Number of Employees


Location

  • 361 Degrees International Limited
  • 361° Building
  • Huli High-technology Park
  • Xiamen
  • Fujian Province
  • 361009
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1361SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2009
36LDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2009
TSIO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2009
1361SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2009
1361SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2009

Biography

361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People’s Republic of China. The company operates in two segments, Adults and Kids. It offe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:53
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.