Positive Operating And Free Cash FlowDespite accounting losses, the company’s positive operating cash flow and 122% FCF growth indicate durable cash generation. That cash cushion supports working capital, inventory buy-ins for luxury goods, selective capex and optional deleveraging, improving medium-term operational flexibility.
Diversified Sales Channels (wholesale, Retail, E‑commerce)A multi‑channel model (wholesale, branded stores and e‑commerce) provides structural resilience by broadening customer reach and smoothing seasonal volatility. It supports faster recovery if one channel weakens and positions the company to capture ongoing online luxury spending growth in China.
Strong Chinese Market Presence And Brand PartnershipsEstablished relationships with prestigious watch brands and a focused China footprint create long‑term competitive advantages: access to desirable inventory, brand exclusives and affluent customers, supporting pricing power and differentiated product mix over the medium term.