361 Degrees International (1361) AI Stock Analysis

• Market Cap: HK$9.51B
• Dividend Yield: 34.13%
• Average Volume (3M): 4.61M
• Price to Earnings (P/E): 7.6
• Beta (1Y): 0.91
• Revenue Growth: 17.21%
• EPS Growth: 15.90%
• Country: HK
• Employees: 7,934
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.60
• Shares Outstanding: 2,067,682,000
• 10 Day Avg. Volume: 4,322,046
• 30 Day Avg. Volume: 4,611,210
• PEG Ratio: 0.34
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 17.40
• 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: HK$5.97
• Price Target Upside: 29.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: ―

The stock's strong financial performance, characterized by robust growth and profitability, is the key driver of its score. The valuation appears attractive, but technical indicators suggest caution due to potential overbought conditions.

361 Degrees International Business Overview & Revenue Model

Company Description

361 Degrees International (1361) is a leading Chinese sportswear company that designs, manufactures, and distributes a wide range of athletic and casual footwear, apparel, and accessories. The company operates primarily in the sportswear sector, catering to professional athletes, sports enthusiasts, and everyday consumers. Known for its innovation and quality, 361 Degrees has established a strong presence in the Chinese market and is expanding its reach internationally.

How the Company Makes Money

361 Degrees International generates revenue through the sale of its sportswear products, including footwear, apparel, and accessories. The company's revenue streams are primarily derived from its wholesale operations, retail stores, and e-commerce platforms. 361 Degrees sells its products through a network of franchise stores, distributors, and online channels, both in China and internationally. The company also benefits from strategic marketing partnerships, sponsorships, and collaborations with athletes and sports events, enhancing brand visibility and driving sales. Furthermore, its investment in research and development helps create innovative products that meet consumer demands, contributing to its profitability.

361 Degrees International Financial Statement Overview

Summary

361 Degrees International shows strong revenue growth and improved profitability with a solid balance sheet indicating financial stability. However, cash flow management needs improvement to support long-term growth.

Income Statement

361 Degrees International has shown strong revenue growth over the past few years, increasing from 5.12 billion in 2020 to 10.07 billion in 2024. Gross profit margin improved significantly, reflecting efficient cost management. Net profit margin has also improved, indicating better profitability. However, there is room for improvement in EBIT and EBITDA margins to enhance operational efficiency.

Balance Sheet

The company maintains a solid balance sheet with a strong equity base and low leverage. The debt-to-equity ratio is exceptionally low, reflecting minimal reliance on debt financing. High equity ratio indicates financial stability and capacity for future investment. Return on Equity (ROE) is robust, showcasing efficient use of shareholder capital.

Cash Flow

Cash flow analysis reveals fluctuating free cash flow, with a recent decline despite strong operating cash flow. The operating cash flow to net income ratio is positive, but free cash flow to net income has seen a downturn. This suggests some challenges in capital expenditure management and cash conversion efficiency.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
10.07B	8.42B	6.96B	5.93B	5.13B
	Gross Profit
4.18B	3.46B	2.82B	2.47B	1.94B
	EBIT
1.58B	1.38B	1.07B	1.08B	822.69M
	EBITDA
1.65B	1.46B	1.14B	1.13B	792.45M
	Net Income Common Stockholders
1.15B	961.43M	747.12M	601.70M	415.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.26B	5.20B	5.86B	5.34B	6.45B
	Total Assets
13.41B	13.07B	12.44B	11.24B	11.62B
	Total Debt
264.51M	295.31M	292.85M	208.87M	1.94B
	Net Debt
-3.99B	-3.30B	-3.57B	-3.13B	-1.51B
	Total Liabilities
3.58B	3.34B	3.02B	2.68B	4.06B
	Stockholders Equity
9.38B	9.08B	7.94B	7.12B	6.61B
Cash Flow		Free Cash Flow
-198.86M	343.83M	349.38M	362.35M	13.25M
	Operating Cash Flow
69.81M	407.81M	380.34M	371.95M	20.66M
	Investing Cash Flow
1.37B	416.77M	85.09M	1.08B	255.20M
	Financing Cash Flow
-776.91M	-1.08B	59.43M	-1.56B	-242.63M

361 Degrees International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.60
• 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:1361, the sentiment is Positive. The current price of 4.6 is above the 20-day moving average (MA) of 4.49, above the 50-day MA of 4.33, and above the 200-day MA of 4.04, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 58.81 is Neutral, neither overbought nor oversold. The STOCH value of 47.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1361.

361 Degrees International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1836	80 Outperform	$11.61B	8.44	15.89%	18.68%	3.18%	18.35%
1361	77 Outperform	HK$9.51B	7.64	12.43%	34.13%	17.21%	15.90%
0210	73 Outperform	HK$831.01M	7.20		37.38%	―	―
0551	72 Outperform	$18.11B	5.94	9.04%	15.93%	3.35%	42.58%
1910	72 Outperform	HK$19.22B	8.34	20.15%	6.07%	-4.83%	-27.83%
Sector *	62 Neutral	$6.76B	11.07	2.80%	6.34%	2.68%	-24.87%
1028	50 Neutral	HK$467.32M	8.97	3.77%	―	-11.44%	111.76%

361 Degrees International Corporate Events

361 Degrees International Successfully Concludes AGM with All Resolutions Passed

361 Degrees International announced the successful conclusion of its Annual General Meeting held on April 25, 2025, where all proposed resolutions were passed. Key resolutions included the approval of the audited financial statements, declaration of a final dividend, re-election of directors, and granting of mandates to the board for share buybacks and issuance. This outcome reflects strong shareholder support and positions the company for continued strategic initiatives and governance stability.

361 Degrees International Announces Shareholding Restructuring for Family Trusts

361 Degrees International, a company incorporated in the Cayman Islands, has announced a change in its shareholding structure. This change involves the establishment of family trusts by key executive directors, including Mr. Ding Wuhao and others, to facilitate family succession and wealth management. As a result, the Trustee now holds approximately 65.60% of the company’s shares indirectly, although it does not have voting rights. The directors maintain their positions and voting rights through their respective companies.

361 Degrees International Sees Strong Q1 2025 Sales Growth and Product Innovation

361 Degrees International reported a robust growth in retail sales for the first quarter of 2025, with its core brand and kids brand achieving 10%-15% growth, and its e-commerce platform seeing a 35%-40% increase compared to the same period in 2024. The company continues to strengthen its position in the sportswear market by launching innovative products such as the SPIRE FLOAT 2 and Cyclone ET shoes, and winning design awards for its running and basketball shoes. Additionally, 361° actively participated in international sporting events, enhancing its brand visibility and supporting professional athletes.

361 Degrees International Announces 2025 AGM Agenda

361 Degrees International Limited has announced its annual general meeting to be held on April 25, 2025, in Jinjiang City, China. Key agenda items include reviewing the financial statements for 2024, declaring a final dividend of HK10.0 cents per share, re-electing directors, and authorizing share buy-backs up to 10% of the company’s issued shares. These resolutions aim to strengthen the company’s governance and financial strategies, potentially enhancing shareholder value and market positioning.