Cabbeen Fashion Limited (2030) AI Stock Analysis

• Market Cap: HK$989.52M
• Dividend Yield: 1.28%
• Average Volume (3M): 34.80K
• Price to Earnings (P/E): 30.9
• Beta (1Y): 0.05
• Revenue Growth: -14.05%
• EPS Growth: 20.05%
• Country: HK
• Employees: 126
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.03
• Shares Outstanding: 668,593,000
• 10 Day Avg. Volume: 49,200
• 30 Day Avg. Volume: 34,800
• PEG Ratio: 0.88
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.74
• P/FCF Ratio: 5.26
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: HK$1.50 ▲(0.67% Upside)

Cabbeen Fashion Limited's overall stock score reflects a balanced but cautious outlook. The company's strong operational efficiency and solid financial stability are offset by challenges in revenue growth and net profitability. Technical indicators suggest a neutral to slightly bearish trend, and the high P/E ratio raises concerns about overvaluation. The modest dividend yield provides some support, but strategic improvements are needed for better future performance.

Positive Factors

Operational Efficiency

Cabbeen Fashion's operational efficiency indicates effective management of resources, which can lead to sustained profitability and competitive advantage.

Cash Generation Ability

Robust cash generation enhances financial flexibility, allowing for reinvestment in growth opportunities and cushioning against economic downturns.

Conservative Debt Management

Conservative debt management reduces financial risk, ensuring stability and the ability to navigate challenging market conditions.

Negative Factors

Revenue Growth Challenges

Negative revenue growth indicates potential issues in market demand or competitive positioning, requiring strategic adjustments to drive sales.

Low Net Profit Margin

A low net profit margin suggests difficulties in cost control or pricing power, impacting overall profitability and shareholder returns.

Return on Equity

Low ROE indicates inefficiencies in using equity to generate profits, which may affect investor confidence and long-term growth potential.

Cabbeen Fashion Limited Business Overview & Revenue Model

Company Description

Cabbeen Fashion Limited, a fashion casual menswear company, manufactures, purchases, and sells apparel, footwear, and accessories for men, women, and children under the Cabbeen, Cabbeen Lifestyle, Cabbeen Urban, Cabbeen Love, and 2AM brands in the People's Republic of China. The company operates in two segments, Apparel and Accessories, and Personal Protective Equipment. It also manufactures and sells personal protective equipment. As of December 31, 2021, the company had 6 wholesale distributors, 21 consignment distributors, and 106 sub-distributors operating a total of 830 retail shops in Mainland China; and operated one retail shop in Hong Kong, as well as franchises stores. It also operates WeChat store, as well as other online shops on e-commerce platforms, including T-mall, JD.com, and vipshop; and sells products to other online distributors. The company is also involved in the real estate development, properties holding, and trademark holding activities. Cabbeen Fashion Limited is headquartered in Guangzhou, China.

How the Company Makes Money

Cabbeen Fashion Limited generates revenue primarily through the sale of its clothing and accessories across multiple channels. The company's key revenue streams include direct sales from its branded retail stores, online sales through its e-commerce platform, and wholesale distribution to third-party retail outlets. Additionally, Cabbeen has established strategic partnerships with various distributors and online marketplaces, enhancing its market reach and sales volume. The company also engages in seasonal fashion shows and promotional events, which not only boost brand visibility but also drive sales during peak shopping periods. Furthermore, Cabbeen's investment in sustainable fashion practices and collaborations with influential designers contribute to its brand appeal and customer loyalty, ultimately impacting its revenue positively.

Cabbeen Fashion Limited Financial Statement Overview

Summary

Cabbeen Fashion Limited demonstrates strong operational efficiency and financial stability, with a solid balance sheet and robust cash flow generation. However, challenges in revenue growth and net profitability need addressing to enhance overall financial health.

Income Statement

Cabbeen Fashion Limited's income statement shows a mixed performance. The gross profit margin for 2024 is approximately 44.7%, indicating strong cost management and operational efficiency. However, the net profit margin is relatively low at 2.65%, reflecting challenges in translating revenue into net income due to high operational costs or other expenses. Revenue growth has been negative over the past years, highlighting a need for revitalizing sales strategies. Despite this, the EBIT and EBITDA margins are moderately healthy, suggesting some operational profitability.

Balance Sheet

The balance sheet of Cabbeen Fashion Limited presents a stable financial position. With a debt-to-equity ratio of approximately 0.18, the company appears to be leveraging debt conservatively, reducing potential financial risk. The equity ratio stands at around 63.8%, indicating a solid equity base. ROE is modest at 2.05%, suggesting potential for improved efficiency in using equity to generate profits. Overall, the balance sheet is robust, but there's room for enhancing return on equity.

Cash Flow

Cabbeen Fashion's cash flow statements reveal a strong recovery in free cash flow in 2024, with a significant growth rate from the previous year. The operating cash flow to net income ratio is around 5.63, indicating efficient conversion of income into cash. Free cash flow to net income ratio is exceptionally high, reflecting strong cash generation capabilities. While the company has shown improvement in cash flows, sustaining this trend is crucial for long-term financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	951.75M	1.04B	1.19B	1.19B	1.37B	1.29B
Gross Profit	409.85M	462.31M	511.63M	506.99M	628.84M	608.47M
EBITDA	91.31M	148.51M	151.29M	1.45M	294.89M	331.36M
Net Income	29.70M	27.41M	20.81M	-85.12M	164.19M	194.21M
Balance Sheet
Total Assets	1.91B	2.09B	2.23B	2.20B	2.47B	2.39B
Cash, Cash Equivalents and Short-Term Investments	424.93M	476.03M	448.65M	357.78M	536.67M	822.39M
Total Debt	212.65M	241.35M	369.48M	317.17M	292.75M	361.71M
Total Liabilities	566.99M	749.20M	892.51M	871.60M	1.04B	1.06B
Stockholders Equity	1.34B	1.34B	1.32B	1.30B	1.41B	1.32B
Cash Flow
Free Cash Flow	39.73M	145.76M	64.06M	-177.51M	-74.31M	351.67M
Operating Cash Flow	51.36M	154.39M	95.90M	-89.95M	-3.71M	363.22M
Investing Cash Flow	60.98M	43.38M	-121.28M	110.32M	-84.68M	15.04M
Financing Cash Flow	-67.34M	-159.43M	12.61M	-59.88M	-188.54M	-110.76M

Cabbeen Fashion Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2030, the sentiment is Negative. The current price of 1.49 is below the 20-day moving average (MA) of 1.50, below the 50-day MA of 1.52, and above the 200-day MA of 1.47, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.82 is Neutral, neither overbought nor oversold. The STOCH value of 63.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2030.

Cabbeen Fashion Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1425	75 Outperform	HK$800.00M	5.07	21.11%	8.89%	-8.00%	-11.37%
1346	71 Outperform	HK$933.09M	6.56	31.67%	6.76%	7.12%	28.89%
2011	65 Neutral	HK$856.00M	17.89	25.73%	―	21.10%	―
2030	63 Neutral	HK$989.52M	30.90	2.21%	1.28%	-14.05%	20.05%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0420	54 Neutral	HK$759.52M	13.84	1.77%	1.90%	-7.20%	-55.24%
0321	52 Neutral	HK$1.46B	11.55	2.58%	9.71%	-7.47%	-33.28%