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375

YGM TradingSEHK:375 Stock Report

Market Cap

HK$313.5m

7D

-4.2%

1Y

-9.5%

Updated

25 Oct, 2021

Data

Company Financials
375 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends1/6

375 Overview

YGM Trading Limited, an investment holding company, engages in the wholesale and retail of garments and accessories in Hong Kong, Taiwan, Mainland China, the United Kingdom, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for YGM Trading
Historical stock prices
Current Share PriceHK$1.81
52 Week HighHK$1.89
52 Week LowHK$2.42
Beta0.23
1 Month Change-24.27%
3 Month Change-15.81%
1 Year Change-9.50%
3 Year Change-73.81%
5 Year Change-76.46%
Change since IPO64.55%

Recent News & Updates

Sep 10
YGM Trading Limited's (HKG:375) CEO Might Not Expect Shareholders To Be So Generous This Year

YGM Trading Limited's (HKG:375) CEO Might Not Expect Shareholders To Be So Generous This Year

The results at YGM Trading Limited ( HKG:375 ) have been quite disappointing recently and CEO William Fu bears some...

Feb 12
YGM Trading (HKG:375) Share Prices Have Dropped 56% In The Last Three Years

YGM Trading (HKG:375) Share Prices Have Dropped 56% In The Last Three Years

YGM Trading Limited ( HKG:375 ) shareholders should be happy to see the share price up 22% in the last month. But that...

Shareholder Returns

375HK LuxuryHK Market
7D-4.2%6.1%2.1%
1Y-9.5%56.8%5.9%

Return vs Industry: 375 underperformed the Hong Kong Luxury industry which returned 56.8% over the past year.

Return vs Market: 375 underperformed the Hong Kong Market which returned 5.9% over the past year.

Price Volatility

Is 375's price volatile compared to industry and market?
375 volatility
375 Beta0.23
Industry Beta0.94
Market Beta1

Stable Share Price: 375 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 375's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1949400William Fuhttps://www.ygmtrading.com

YGM Trading Limited, an investment holding company, engages in the wholesale and retail of garments and accessories in Hong Kong, Taiwan, Mainland China, the United Kingdom, and internationally. It operates through four segments: Sales of Garments; Licensing of Trademarks; Printing and Related Services; and Property Rental. The company offers various men's and ladies' wear products, such as shirts, blouses, trousers and casual pants, blousons, polo shirts, T-shirts, etc.; bags; golf and ski wears; perfume, watches, eyewear, leather goods, and home fashion products; and suits and casual wears.

YGM Trading Fundamentals Summary

How do YGM Trading's earnings and revenue compare to its market cap?
375 fundamental statistics
Market CapHK$313.48m
Earnings (TTM)-HK$11.74m
Revenue (TTM)HK$216.18m

1.4x

P/S Ratio

-25.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
375 income statement (TTM)
RevenueHK$216.18m
Cost of RevenueHK$80.00m
Gross ProfitHK$136.18m
ExpensesHK$147.92m
Earnings-HK$11.74m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.071
Gross Margin62.99%
Net Profit Margin-5.43%
Debt/Equity Ratio1.6%

How did 375 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

-141%

Payout Ratio

Valuation

Is YGM Trading 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: 375 (HK$1.81) is trading below our estimate of fair value (HK$17.97)

Significantly Below Fair Value: 375 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 375 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Luxury industry average.

PE vs Market: 375 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 375's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 375 is good value based on its PB Ratio (0.6x) compared to the HK Luxury industry average (0.8x).


Future Growth

How is YGM Trading forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

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 YGM Trading 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.


Past Performance

How has YGM Trading performed over the past 5 years?

19.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 375 is currently unprofitable.

Growing Profit Margin: 375 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 375 is unprofitable, but has reduced losses over the past 5 years at a rate of 19.2% per year.

Accelerating Growth: Unable to compare 375's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 375 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (40.3%).


Return on Equity

High ROE: 375 has a negative Return on Equity (-2.09%), as it is currently unprofitable.


Financial Health

How is YGM Trading's financial position?


Financial Position Analysis

Short Term Liabilities: 375's short term assets (HK$235.5M) exceed its short term liabilities (HK$96.4M).

Long Term Liabilities: 375's short term assets (HK$235.5M) exceed its long term liabilities (HK$35.4M).


Debt to Equity History and Analysis

Debt Level: 375's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: 375's debt to equity ratio has reduced from 2.1% to 1.6% over the past 5 years.

Debt Coverage: 375's debt is well covered by operating cash flow (318.1%).

Interest Coverage: Insufficient data to determine if 375's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is YGM Trading current dividend yield, its reliability and sustainability?

5.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 375's dividend (5.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).

High Dividend: 375's dividend (5.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).


Stability and Growth of Payments

Stable Dividend: 375's dividend payments have been volatile in the past 10 years.

Growing Dividend: 375's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 375 is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

William Fu (59 yo)

6.08yrs

Tenure

HK$1,899,000

Compensation

Mr. Sing Yam Fu, also known as William, has been an Executive Director of YGM Trading Ltd. since 1995. Mr. Fu has been the Chief Executive Officer of YGM Trading Ltd.since September 23, 2015 and served as...


CEO Compensation Analysis

Compensation vs Market: William's total compensation ($USD244.30K) is about average for companies of similar size in the Hong Kong market ($USD227.73K).

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


Leadership Team

Experienced Management: 375's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 375's board of directors are considered experienced (6.7 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.


Ownership Breakdown

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


Top Shareholders

Company Information

YGM Trading Limited's employee growth, exchange listings and data sources


Key Information

  • Name: YGM Trading Limited
  • Ticker: 375
  • Exchange: SEHK
  • Founded: 1949
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$313.483m
  • Shares outstanding: 165.86m
  • Website: https://www.ygmtrading.com

Number of Employees


Location

  • YGM Trading Limited
  • No. 22 Tai Yau Street
  • San Po Kong
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 10:06
End of Day Share Price2021/10/25 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.