Stella International Posts Modest 2025 Growth as Sports Footwear and Capacity Expansion Drive Strategy

Stella International Holdings Limited ( (HK:1836) ) has shared an announcement.

Stella International reported modest top-line growth for 2025, with unaudited consolidated revenue up 0.8% year-on-year to US$388.6 million in the fourth quarter and 1.5% to US$1,567.8 million for the full year. Revenue from its core footwear manufacturing business edged up 0.1% in the fourth quarter and 1.2% for the year, as shipment volumes were flat in the quarter but rose 3.8% for 2025, driven mainly by the Sports segment and new customer wins, while average selling prices declined due to the higher share of lower-priced sports footwear. The group has largely overcome early ramp-up challenges at its Indonesian and Philippine plants, laying groundwork for new production facilities slated to come online in the second half of 2026, and is reinforcing shareholder returns by maintaining a commitment to distribute up to US$60 million annually in 2025 and 2026 via share repurchases and special dividends, alongside a regular dividend payout ratio of about 70%.

The most recent analyst rating on (HK:1836) stock is a Buy with a HK$18.50 price target. To see the full list of analyst forecasts on Stella International Holdings Limited stock, see the HK:1836 Stock Forecast page.

More about Stella International Holdings Limited

Stella International Holdings Limited is a Hong Kong–listed footwear manufacturer with operations across Asia, producing branded and OEM footwear for global customers. Its portfolio spans fashion and, increasingly, sports shoes, supplying international brands and focusing on scaling manufacturing capacity in markets such as Indonesia and the Philippines to support volume growth in key segments.

Average Trading Volume: 1,090,868

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.8B

Learn more about 1836 stock on TipRanks’ Stock Analysis page.