Cabbeen Fashion Limited manufactures, purchases and sells apparel and accessories for men, women, and children under the Cabbeen, Cabbeen Urban, Cabbeen Love and 2AM brands in the People’s Republic of China. More Details
Excellent balance sheet and good value.
Share Price & News
How has Cabbeen Fashion's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2030 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 2030's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2030 exceeded the Hong Kong Luxury industry which returned 95.3% over the past year.
Return vs Market: 2030 exceeded the Hong Kong Market which returned 25.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Cabbeen Fashion's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 hours ago | Simply Wall StWould Cabbeen Fashion Limited (HKG:2030) Be Valuable To Income Investors?
2 weeks ago | Simply Wall StZiming Yang Is The Founder of Cabbeen Fashion Limited (HKG:2030) And Just Spent CN¥5.7m On Shares
4 weeks ago | Simply Wall StDo Institutions Own Cabbeen Fashion Limited (HKG:2030) Shares?
Is Cabbeen Fashion undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2030 (HK$2.98) is trading below our estimate of fair value (HK$23.96)
Significantly Below Fair Value: 2030 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2030 is good value based on its PE Ratio (8.5x) compared to the HK Luxury industry average (13.1x).
PE vs Market: 2030 is good value based on its PE Ratio (8.5x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2030's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2030 is overvalued based on its PB Ratio (1.2x) compared to the HK Luxury industry average (0.8x).
How is Cabbeen Fashion forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cabbeen Fashion has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Cabbeen Fashion performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2030 has high quality earnings.
Growing Profit Margin: 2030's current net profit margins (10.7%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: 2030's earnings have declined by 6.4% per year over the past 5 years.
Accelerating Growth: 2030's earnings growth over the past year (23.2%) exceeds its 5-year average (-6.4% per year).
Earnings vs Industry: 2030 earnings growth over the past year (23.2%) exceeded the Luxury industry -29.1%.
Return on Equity
High ROE: 2030's Return on Equity (14.7%) is considered low.
How is Cabbeen Fashion's financial position?
Financial Position Analysis
Short Term Liabilities: 2030's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥797.8M).
Long Term Liabilities: 2030's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥265.3M).
Debt to Equity History and Analysis
Debt Level: 2030's debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 2030's debt to equity ratio has increased from 24.5% to 26.5% over the past 5 years.
Debt Coverage: 2030's debt is well covered by operating cash flow (103.1%).
Interest Coverage: 2030's interest payments on its debt are well covered by EBIT (54.1x coverage).
What is Cabbeen Fashion current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2030's dividend (4.33%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).
High Dividend: 2030's dividend (4.33%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.99%).
Stability and Growth of Payments
Stable Dividend: 2030 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2030 has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), 2030's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ziming Yang (48 yo)
Mr. Ziming Yang is the Chief Executive Officer of Cabbeen Fashion Limited since March 12, 2020. He is the Founder and Executive Chairman of Cabbeen Fashion Limited and has been its Executive Director since...
CEO Compensation Analysis
Compensation vs Market: Ziming's total compensation ($USD365.76K) is about average for companies of similar size in the Hong Kong market ($USD294.78K).
Compensation vs Earnings: Ziming's compensation has increased by more than 20% in the past year.
Experienced Board: 2030's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 2030 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cabbeen Fashion Limited's company bio, employee growth, exchange listings and data sources
- Name: Cabbeen Fashion Limited
- Ticker: 2030
- Exchange: SEHK
- Founded: NaN
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: HK$1.992b
- Shares outstanding: 668.59m
- Website: https://www.cabbeen.com
Number of Employees
- Cabbeen Fashion Limited
- Yunsheng Science Park
- 4th Floor, Block B1
- Guangdong Province
Cabbeen Fashion Limited manufactures, purchases and sells apparel and accessories for men, women, and children under the Cabbeen, Cabbeen Urban, Cabbeen Love and 2AM brands in the People’s Republic of Chin...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 12:01|
|End of Day Share Price||2021/05/07 00:00|
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.