C.banner International Holdings Ltd. (1028) AI Stock Analysis

• Market Cap: HK$591.94M
• Dividend Yield: N/A
• Average Volume (3M): 343.40K
• Price to Earnings (P/E): 7.5
• Beta (1Y): -0.27
• Revenue Growth: -11.17%
• EPS Growth: -621.38%
• Country: HK
• Employees: 4,003
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): -0.07
• Shares Outstanding: 2,077,000,000
• 10 Day Avg. Volume: 330,600
• 30 Day Avg. Volume: 343,400
• PEG Ratio: 0.07
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.33
• P/FCF Ratio: 19.53
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by the company's solid balance sheet and moderate technical indicators. However, significant concerns about cash flow generation and a negative P/E ratio weigh heavily on the valuation, resulting in a cautious outlook.

C.banner International Holdings Ltd. Business Overview & Revenue Model

Company Description

C.banner International Holdings Limited, an investment holding company, manufactures, sells, and retails women's formal and casual footwear primarily in the People's Republic of China and the United States. The company operates through three segments: Retail and Wholesale of Shoes, Contract Manufacturing of Shoes, and Retail of Toys. It also acts as the original equipment manufacturer (OEM) or original design manufacturer (ODM) for shoes companies in export markets, as well as retailer of toys. The company offers its products under the self-developed brands, including C.banner, EBLAN, Sundance, MIO, Badgley Mischka, and Natursun, as well as under the licensed brand, such as United Nude. It distributes its self-developed and licensed brand products primarily through department stores and independent retail stores. The company was formerly known as Hongguo International Holdings Limited and changed its name to C.banner International Holdings Limited in February 2012. C.banner International Holdings Limited was founded in 1995 and is based in Admiralty, Hong Kong.

How the Company Makes Money

C.banner International Holdings Ltd. generates revenue through a combination of manufacturing, retail, and wholesale operations. The company designs and produces footwear in its own manufacturing facilities, which are then sold under its proprietary brands through a network of retail outlets and department stores across China. Additionally, C.banner engages in wholesale distribution to third-party retailers, both domestically and internationally, capitalizing on its established brand reputation and extensive distribution network. Strategic partnerships and collaborations with international fashion brands further bolster its revenue by expanding its product offerings and market reach. The company's earnings are also supplemented by its retail operations in department stores, which provide a diversified revenue stream and reinforce its retail presence.

C.banner International Holdings Ltd. Financial Statement Overview

Summary

C.banner International Holdings Ltd. shows strong cost management and a solid balance sheet with low leverage. However, challenges in revenue growth and cash flow generation raise concerns about liquidity and sustainability. The company needs to focus on reviving revenue growth and enhancing cash flow to ensure long-term stability.

Income Statement

The company shows a declining revenue trend with a 9.6% decrease from 2023 to 2024. The gross profit margin for 2024 is approximately 56.6%, indicating strong cost management. However, the net profit margin improved to 3.5% in 2024 from 1.4% in 2023, showing a recovery in profitability despite negative EBIT margin in 2024. Overall, the income statement reflects moderate profitability with challenges in maintaining revenue growth.

Balance Sheet

The balance sheet is robust with a debt-to-equity ratio of 0.016 in 2024, indicating low financial leverage. The equity ratio is high at around 79.4%, showing strong asset financing through equity. Return on equity improved to 4.1% in 2024, suggesting better utilization of equity to generate profits. Overall, the balance sheet reflects financial stability with low leverage and strong equity position.

Cash Flow

The cash flow analysis shows a concerning situation as the operating and free cash flows are reported as zero in 2024. This indicates challenges in generating cash from operations and managing capital expenditures effectively. The absence of positive cash flow metrics suggests potential liquidity issues, impacting the company's ability to reinvest and fund operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.31B	1.39B	1.54B	1.38B	1.63B	1.54B
Gross Profit	748.81M	786.89M	871.44M	767.06M	943.29M	860.67M
EBITDA	-96.50K	26.11M	55.71M	98.42M	28.96M	-34.39M
Net Income	-146.15M	48.25M	20.83M	14.79M	27.35M	5.61M
Balance Sheet
Total Assets	1.33B	1.48B	1.75B	1.72B	1.75B	1.76B
Cash, Cash Equivalents and Short-Term Investments	483.40M	429.75M	663.46M	496.25M	443.12M	546.39M
Total Debt	14.11M	19.37M	21.24M	44.63M	54.94M	71.97M
Total Liabilities	296.99M	296.10M	357.66M	344.55M	391.06M	435.54M
Stockholders Equity	1.03B	1.18B	1.38B	1.36B	1.35B	1.32B
Cash Flow
Free Cash Flow	38.00M	23.50M	177.59M	101.46M	-78.92M	192.87M
Operating Cash Flow	81.05M	107.80M	238.99M	174.74M	31.22M	236.00M
Investing Cash Flow	-41.13M	-74.04M	-43.80M	-91.27M	-100.03M	-51.52M
Financing Cash Flow	-256.43M	-267.47M	-27.98M	-30.34M	-34.46M	-39.15M

C.banner International Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1028, the sentiment is Positive. The current price of 0.25 is above the 20-day moving average (MA) of 0.22, above the 50-day MA of 0.21, and above the 200-day MA of 0.22, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.47 is Neutral, neither overbought nor oversold. The STOCH value of 48.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1028.

C.banner International Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1836	82 Outperform	$12.93B	10.28	14.55%	9.96%	-0.14%	-14.24%
0210	72 Outperform	HK$840.90M	6.77	15.44%	4.65%	―	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1028	51 Neutral	HK$591.94M	7.46	-13.15%	―	-11.17%	-621.38%
1170	49 Neutral	$324.56M	―	-3.04%	4.24%	-9.20%	-268.90%
0676	47 Neutral	HK$730.65M	261.76	-1.85%	1.00%	-33.72%	-550.00%
0738	46 Neutral	HK$163.06M	―	-18.39%	―	-27.74%	-321.58%

C.banner International Holdings Ltd. Corporate Events

C.banner International Exits Toy Retail Business with Strategic Sale

C.banner International Holdings Ltd. has entered into an agreement to sell its entire equity interest in Toy Kingdom Hong Kong Limited, effectively exiting the toy retail business. This transaction, involving a connected party, is subject to certain reporting requirements under Hong Kong’s Listing Rules but does not require shareholder approval due to the transaction’s scale.

The most recent analyst rating on (HK:1028) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on C.banner International Holdings Ltd. stock, see the HK:1028 Stock Forecast page.

C.banner Reports Interim Loss Amid Revenue Decline

C.banner International Holdings Ltd. reported its unaudited interim results for the six months ending June 30, 2025, showing a decline in revenue and a shift from profit to loss compared to the same period in 2024. The company experienced a decrease in revenue from RMB 720,643,000 in 2024 to RMB 640,165,000 in 2025, and a loss before income tax of RMB 134,713,000 compared to a profit of RMB 68,897,000 in the previous year. The financial downturn is attributed to increased distribution and selling expenses, as well as other losses, impacting the company’s overall financial performance.

The most recent analyst rating on (HK:1028) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on C.banner International Holdings Ltd. stock, see the HK:1028 Stock Forecast page.

C.banner International to Review Interim Results and Dividend

C.banner International Holdings Ltd. has announced a board meeting scheduled for August 28, 2025, to discuss and approve the interim financial results for the first half of the year ending June 30, 2025. The meeting will also consider the possibility of declaring an interim dividend, which could impact the company’s financial strategy and shareholder returns.

C.banner International Issues Profit Warning Amid Revenue Decline

C.banner International Holdings Limited has issued a profit warning, indicating an expected net loss of approximately RMB140-145 million for the first half of 2025, compared to a profit in the same period in 2024. This anticipated loss is primarily due to an impairment loss related to trade debt and decreased revenue from its fashion footwear business, affected by tariffs and weak consumer demand.