Tristate Holdings (SEHK:458) - Stock Price, News & Analysis

458 Stock Overview

458 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 75.9% below our estimate of its fair value

Earnings grew by 456.5% over the past year

Risk Analysis

Unstable dividend track record

Does not have a meaningful market cap (HK$731M)

Tristate Holdings Limited Competitors

Prosperous Industrial (Holdings)

SEHK:1731

HK$772.8m

Lever Style

SEHK:1346

HK$596.6m

Ernest Borel Holdings

SEHK:1856

HK$702.5m

Mainland Headwear Holdings

SEHK:1100

HK$665.2m

Price History & Performance

Summary of all time highs, changes and price drops for Tristate Holdings
Historical stock prices
Current Share Price	HK$2.66
52 Week High	HK$2.87
52 Week Low	HK$0.60
Beta	0.78
1 Month Change	3.50%
3 Month Change	29.13%
1 Year Change	241.03%
3 Year Change	174.23%
5 Year Change	61.21%
Change since IPO	-30.00%

Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified

Mar 10

Is Now The Time To Put Tristate Holdings (HKG:458) On Your Watchlist?

Mar 06

Recent updates

Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified

Mar 10

Optimistic Investors Push Tristate Holdings Limited (HKG:458) Shares Up 56% But Growth Is Lacking

Aug 08

Tristate Holdings (HKG:458) Is Looking To Continue Growing Its Returns On Capital

Jun 29

We Like These Underlying Return On Capital Trends At Tristate Holdings (HKG:458)

Nov 18

Statutory Profit Doesn't Reflect How Good Tristate Holdings' (HKG:458) Earnings Are

Sep 26

Tristate Holdings (HKG:458) Seems To Use Debt Quite Sensibly

Sep 22

Tristate Holdings (HKG:458) Might Have The Makings Of A Multi-Bagger

Mar 29

Tristate Holdings' (HKG:458) Returns On Capital Are Heading Higher

Dec 06

Is Tristate Holdings (HKG:458) Using Debt In A Risky Way?

Nov 22

Shareholder Returns

	458	HK Luxury	HK Market
7D	0.8%	5.7%	2.3%
1Y	241.0%	-12.9%	-10.9%

Return vs Industry: 458 exceeded the Hong Kong Luxury industry which returned -12.9% over the past year.

Return vs Market: 458 exceeded the Hong Kong Market which returned -10.9% over the past year.

Price Volatility

Is 458's price volatile compared to industry and market?
458 volatility
458 Average Weekly Movement	9.7%
Luxury Industry Average Movement	6.8%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.5%
10% least volatile stocks in HK Market	3.7%

Stable Share Price: 458 has not had significant price volatility in the past 3 months.

Volatility Over Time: 458's weekly volatility (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1937	6,370	Peter Wang	tristateww.com

Tristate Holdings Limited, an investment holding company, engages in design, manufacture, export, and trading of garments in the People’s Republic of China, the United Kingdom, Canada, Italy, Europe, and internationally. It offers garments under the C.P. Company, Cissonne, Nautica, and Spyder brand names; and athletic footwear and clothes under the Reebok brand.

Tristate Holdings Limited Fundamentals Summary

How do Tristate Holdings's earnings and revenue compare to its market cap?
458 fundamental statistics
Market cap	HK$730.62m
Earnings (TTM)	HK$171.23m
Revenue (TTM)	HK$4.22b

4.2x

P/E Ratio

0.2x

P/S Ratio

Is 458 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
458 income statement (TTM)
Revenue	HK$4.22b
Cost of Revenue	HK$2.43b
Gross Profit	HK$1.78b
Other Expenses	HK$1.61b
Earnings	HK$171.23m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.63
Gross Margin	42.30%
Net Profit Margin	4.06%
Debt/Equity Ratio	2.7%

How did 458 perform over the long term?

See historical performance and comparison

Dividends

14.3%

Current Dividend Yield

40%

Payout Ratio

Does 458 pay a reliable dividends?

See 458 dividend history and benchmarks

When do you need to buy 458 by to receive an upcoming dividend?
Tristate Holdings dividend dates
Ex Dividend Date	Jun 27 2024
Dividend Pay Date	Jul 16 2024
Days until Ex dividend	63 days
Days until Dividend pay date	82 days

Does 458 pay a reliable dividends?

See 458 dividend history and benchmarks

458 Stock Overview

Rewards

Risk Analysis

Tristate Holdings Limited Competitors

SEHK:1731

HK$772.8m

SEHK:1346

HK$596.6m

SEHK:1856

HK$702.5m

SEHK:1100

HK$665.2m

Price History & Performance

Recent News & Updates

Tristate Holdings Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: EPS: HK$0.63 (vs HK$0.11 in FY 2022)

Tristate Holdings Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified

Is Now The Time To Put Tristate Holdings (HKG:458) On Your Watchlist?

Investor sentiment improves as stock rises 29%

Recent updates

Tristate Holdings Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: EPS: HK$0.63 (vs HK$0.11 in FY 2022)

Tristate Holdings Limited to Report Fiscal Year 2023 Results on Mar 25, 2024

Improved Earnings Required Before Tristate Holdings Limited (HKG:458) Stock's 31% Jump Looks Justified

Is Now The Time To Put Tristate Holdings (HKG:458) On Your Watchlist?

Investor sentiment improves as stock rises 29%

Now 20% overvalued

Investor sentiment improves as stock rises 17%

Does Tristate Holdings (HKG:458) Have A Healthy Balance Sheet?

Upcoming dividend of HK$0.06 per share at 6.6% yield

Calculating The Intrinsic Value Of Tristate Holdings Limited (HKG:458)

First half 2023 earnings released: EPS: HK$0.27 (vs HK$0.071 loss in 1H 2022)

Tristate Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Dividend Payable on 29 September 2023

Tristate Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

New major risk - Share price stability

Here's Why Tristate Holdings (HKG:458) Has Caught The Eye Of Investors

Optimistic Investors Push Tristate Holdings Limited (HKG:458) Shares Up 56% But Growth Is Lacking

Investor sentiment improves as stock rises 66%

Tristate Holdings (HKG:458) Is Looking To Continue Growing Its Returns On Capital

Full year 2022 earnings released

Tristate Holdings Limited Announces Change of Company Secretary

We Like These Underlying Return On Capital Trends At Tristate Holdings (HKG:458)

Less than half of directors are independent

Statutory Profit Doesn't Reflect How Good Tristate Holdings' (HKG:458) Earnings Are

Tristate Holdings (HKG:458) Seems To Use Debt Quite Sensibly

First half 2022 earnings released: HK$0.07 loss per share (vs HK$0.12 loss in 1H 2021)

Tristate Holdings Limited to Report First Half, 2022 Results on Aug 29, 2022

Less than half of directors are independent

Full year 2021 earnings released: EPS: HK$0.078 (vs HK$0.62 loss in FY 2020)

Tristate Holdings Limited, Annual General Meeting, Jun 06, 2022

Tristate Holdings (HKG:458) Might Have The Makings Of A Multi-Bagger

Tristate Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Tristate Holdings' (HKG:458) Returns On Capital Are Heading Higher

First half 2021 earnings released: HK$0.12 loss per share (vs HK$0.50 loss in 1H 2020)

Tristate Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021

Tristate Holdings Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

New 90-day high: HK$1.15

New 90-day low: HK$0.92

Is Tristate Holdings (HKG:458) Using Debt In A Risky Way?

First half earnings released

New 90-day low - HK$0.95

First half earnings released

Tristate Holdings Limited to Report First Half, 2020 Results on Aug 31, 2020

New 90-day low - HK$1.10

Shareholder Returns

Price Volatility

About the Company

Tristate Holdings Limited Fundamentals Summary

4.2x

0.2x

Earnings & Revenue

Dividends

14.3%

40%