OTCPK:BSDG.Y

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Bosideng International Holdings

Executive Summary

Bosideng International Holdings Limited researches, designs, develops, manufactures, markets, and distributes branded down apparel products, original equipment manufacturing (OEM) products, and non-down apparel products. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

BSDG.Y

0.8%

US Luxury

3.9%

US Market


1 Year Return

n/a

BSDG.Y

17.3%

US Luxury

18.5%

US Market

Return vs Industry: Insufficient data to determine how BSDG.Y performed against the US Luxury industry.

Return vs Market: Insufficient data to determine how BSDG.Y performed against the US Market.


Shareholder returns

BSDG.YIndustryMarket
7 Day0%0.8%3.9%
30 Day0%3.9%-4.3%
90 Dayn/a20.1%8.1%
1 Yearn/a18.6%17.3%21.2%18.5%
3 Year237.9%196.8%78.8%70.5%38.2%29.0%
5 Year255.9%198.0%52.2%42.3%84.3%63.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Bosideng International Holdings undervalued compared to its fair value and its price relative to the market?

29.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BSDG.Y ($13.71) is trading below our estimate of fair value ($19.43)

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


Price To Earnings Ratio

PE vs Industry: BSDG.Y is good value based on its PE Ratio (18.7x) compared to the US Luxury industry average (31.7x).

PE vs Market: BSDG.Y is poor value based on its PE Ratio (18.7x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: BSDG.Y is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: BSDG.Y is overvalued based on its PB Ratio (2.2x) compared to the US Luxury industry average (1.3x).


Next Steps

Future Growth

How is Bosideng International Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

18.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSDG.Y's forecast earnings growth (18% per year) is above the savings rate (2.2%).

Earnings vs Market: BSDG.Y's earnings (18% per year) are forecast to grow slower than the US market (22.1% per year).

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

Revenue vs Market: BSDG.Y's revenue (14.1% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: BSDG.Y's revenue (14.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BSDG.Y's Return on Equity is forecast to be low in 3 years time (17.7%).


Next Steps

  • Explore growth companies in the Consumer Durables industry.

Past Performance

How has Bosideng International Holdings performed over the past 5 years?

42.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BSDG.Y has high quality earnings.

Growing Profit Margin: BSDG.Y's current net profit margins (9.9%) are higher than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: BSDG.Y's earnings have grown significantly by 42.5% per year over the past 5 years.

Accelerating Growth: BSDG.Y's earnings growth over the past year (22.5%) is below its 5-year average (42.5% per year).

Earnings vs Industry: BSDG.Y earnings growth over the past year (22.5%) exceeded the Luxury industry -54.2%.


Return on Equity

High ROE: BSDG.Y's Return on Equity (11.5%) is considered low.


Next Steps

Financial Health

How is Bosideng International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BSDG.Y's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥4.7B).

Long Term Liabilities: BSDG.Y's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥2.3B).


Debt to Equity History and Analysis

Debt Level: BSDG.Y's debt to equity ratio (23.9%) is considered satisfactory.

Reducing Debt: BSDG.Y's debt to equity ratio has reduced from 47.7% to 23.9% over the past 5 years.

Debt Coverage: BSDG.Y's debt is well covered by operating cash flow (49.5%).

Interest Coverage: BSDG.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Bosideng International Holdings's current dividend yield, its reliability and sustainability?

3.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BSDG.Y's dividend (3.73%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: BSDG.Y's dividend (3.73%) is low compared to the top 25% of dividend payers in the US market (4.89%).


Stability and Growth of Payments

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

Growing Dividend: BSDG.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.8%), BSDG.Y's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BSDG.Y's dividends in 3 years are forecast to be covered by earnings (69% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Dekang Gao (68 yo)

5.67yrs

Tenure

CN¥3,955,000

Compensation

Mr. Dekang Gao founded Bosideng International Holdings Limited and has been its Chairman and Chief Executive Officer since September 15, 2007 and January 30, 2015 respectively. Mr. Gao is responsible for t ...


CEO Compensation Analysis

Compensation vs Market: Dekang's total compensation ($USD582.41K) is below average for companies of similar size in the US market ($USD5.74M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Dekang Gao
Founder5.67yrsCN¥3.96m64.78%
CN¥ 2.1b
Dong Mei
Executive President & Executive Director14.17yrsCN¥3.44m0.026%
CN¥ 856.0k
Jinsong Rui
Senior VP & Executive Director7.33yrsCN¥21.79m0.10%
CN¥ 3.5m
Qiaolian Huang
VP & Executive Director13.25yrsCN¥13.24m0.11%
CN¥ 3.6m
Xiaodong Gao
VP & Executive Director3.5yrsCN¥1.35mno data
Gaofeng Zhu
Vice President1.42yrsno datano data
Shen Guangjian
Chief Officer of the Investor Relations Departmentno datano datano data
Xiaoming Wu
Director of the Human Resources Centerno datano datano data
Shuang Liang
Company Secretary1.33yrsno datano data

1.4yrs

Average Tenure

46yo

Average Age

Experienced Management: BSDG.Y's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Dekang Gao
Founder5.67yrsCN¥3.96m64.78%
CN¥ 2.1b
Dong Mei
Executive President & Executive Director14.17yrsCN¥3.44m0.026%
CN¥ 856.0k
Jinsong Rui
Senior VP & Executive Director7.33yrsCN¥21.79m0.10%
CN¥ 3.5m
Qiaolian Huang
VP & Executive Director13.25yrsCN¥13.24m0.11%
CN¥ 3.6m
Xiaodong Gao
VP & Executive Director3.5yrsCN¥1.35mno data
Wai Fung Ngai
Independent Non-Executive Director13yrsCN¥385.00kno data
Binggen Dong
Independent Non-Executive Director13yrsCN¥330.00kno data
Yao Wang
Independent Non-Executive Director13yrsno datano data

13.0yrs

Average Tenure

56.5yo

Average Age

Experienced Board: BSDG.Y's board of directors are seasoned and experienced ( 13 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

Bosideng International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bosideng International Holdings Limited
  • Ticker: BSDG.Y
  • Exchange: OTCPK
  • Founded: 1976
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$25.713b
  • Listing Market Cap: HK$3.318b
  • Shares outstanding: 10.71b
  • Website: https://www.bosideng.com

Number of Employees


Location

  • Bosideng International Holdings Limited
  • The Center
  • Unit 5709
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3998SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2007
3BDDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2007
BSDG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2007
3998SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2007
3998SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2007
BSDG.YOTCPK (Pink Sheets LLC)ADRUSUSDMay 2009

Biography

Bosideng International Holdings Limited researches, designs, develops, manufactures, markets, and distributes branded down apparel products, original equipment manufacturing (OEM) products, and non-down ap ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/01 00:06
End of Day Share Price2020/07/23 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.