NasdaqGM:EVK

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Ever-Glory International Group

Executive Summary

Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Ever-Glory International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EVK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.04%

EVK

7.0%

US Luxury

2.9%

US Market


1 Year Return

-78.4%

EVK

6.9%

US Luxury

8.9%

US Market

Return vs Industry: EVK underperformed the US Luxury industry which returned 6.9% over the past year.

Return vs Market: EVK underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

EVKIndustryMarket
7 Day0.04%7.0%2.9%
30 Day-14.1%21.1%10.6%
90 Day-45.5%10.3%5.1%
1 Year-78.4%-78.4%8.2%6.9%11.4%8.9%
3 Year-72.3%-72.3%61.8%54.4%34.3%25.4%
5 Year-86.8%-86.8%40.6%31.2%60.7%42.7%

Price Volatility Vs. Market

How volatile is Ever-Glory International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ever-Glory International Group 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: EVK ($0.72) is trading below our estimate of fair value ($23.34)

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


Price To Earnings Ratio

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

PE vs Market: EVK is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EVK is good value based on its PB Ratio (0.1x) compared to the US Luxury industry average (1x).


Next Steps

Future Growth

How is Ever-Glory International Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

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 Ever-Glory International Group 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.


Next Steps

Past Performance

How has Ever-Glory International Group performed over the past 5 years?

-16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVK is currently unprofitable.

Growing Profit Margin: EVK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVK is unprofitable, and losses have increased over the past 5 years at a rate of -16.6% per year.

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

Earnings vs Industry: EVK is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-10.8%).


Return on Equity

High ROE: EVK has a negative Return on Equity (-0.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ever-Glory International Group's financial position?


Financial Position Analysis

Short Term Liabilities: EVK's short term assets ($179.5M) exceed its short term liabilities ($130.2M).

Long Term Liabilities: EVK's short term assets ($179.5M) exceed its long term liabilities ($8.3M).


Debt to Equity History and Analysis

Debt Level: EVK's debt to equity ratio (22.5%) is considered satisfactory.

Reducing Debt: EVK's debt to equity ratio has reduced from 61.2% to 22.5% over the past 5 years.

Debt Coverage: EVK's debt is well covered by operating cash flow (66.7%).

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


Balance Sheet


Next Steps

Dividend

What is Ever-Glory International Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EVK'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 EVK's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

15.4yrs

Average management tenure


CEO

Edward Kang (56yo)

15.42yrs

Tenure

US$186,528

Compensation

Mr. Yihua Kang, also known as Edward, has been the Chief Executive Officer and President of Ever-Glory International Group Inc. since 2005. Mr. Kang served as the Chairman and President of Goldenway Nanjin ...


CEO Compensation Analysis

Compensation vs Market: Edward's total compensation ($USD186.53K) is below average for companies of similar size in the US market ($USD577.87K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yihua Kang
Chairman of the Board15.42yrsUS$186.53k33.62% $3.6m
Jiansong Wang
CFO & Corporate Secretary9.75yrsUS$43.30kno data
Jiajun Sun
COO & Director15.42yrsUS$142.10k1.18% $125.9k
Wilson Bow
Head of Investor Relationsno datano datano data
Dandan Song
Investor Relations Officerno datano datano data

15.4yrs

Average Tenure

46yo

Average Age

Experienced Management: EVK's management team is seasoned and experienced (15.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yihua Kang
Chairman of the Board15.42yrsUS$186.53k33.62% $3.6m
Jiajun Sun
COO & Director15.42yrsUS$142.10k1.18% $125.9k
Zhixue Zhang
Independent Non-Executive Director12.25yrsUS$5.00k0.17% $17.8k
Merry Tang
Independent Director8.83yrsUS$34.00k0.070% $7.5k
Jianhua Wang
Independent Director6.42yrsUS$5.00k0.069% $7.3k

12.3yrs

Average Tenure

52yo

Average Age

Experienced Board: EVK's board of directors are seasoned and experienced ( 12.3 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

Ever-Glory International Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ever-Glory International Group, Inc.
  • Ticker: EVK
  • Exchange: NasdaqGM
  • Founded:
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: US$10.659m
  • Shares outstanding: 14.80m
  • Website: https://www.everglorygroup.com

Number of Employees


Location

  • Ever-Glory International Group, Inc.
  • Ever-Glory Commercial Center
  • 509 Chengxin Road
  • Nanjing
  • Jiangsu Province
  • 211102
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVKNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 2005
E4GADB (Deutsche Boerse AG)YesCommon StockDEEURAug 2005

Biography

Ever-Glory International Group, Inc., together with its subsidiaries, manufactures, supplies, and retails apparel in Mainland China, Hong Kong, Germany, the United Kingdom, Europe, Japan, and the United States. It operates in two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear. Its products include coats, jackets, slacks, skirts, shirts, trousers, and jeans for women; vests, jackets, trousers, skiwear, shirts, coats, and jeans for men; and coats, vests, down jackets, trousers, knitwear, and jeans for children. The company offers its woman apparel under the La go go, Velwin, Sea To Sky, and idole brands. It also engages in the import and export of apparel, fabric, and accessories. The company provides its products directly to consumers through retail stores, as well as online stores at Tmall, Dangdang mall, JD.com, VIP.com, etc. As of December 31, 2019, it operated 1,101 stores, which included 131 flagship stores located in approximately 20 provinces in China. The company is based in Nanjing, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 06:36
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
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.