Want to see HK:3818 full AI Analyst Report?
Top Page
China Dongxiang (Group) Co
(3818)
Select Model
Select Model
Rating:62Neutral
Price Target:
HK$0.32
â–¼(-24.88% Downside)
Action:Reiterated
Date:06/29/26
The score is mainly supported by a conservatively levered balance sheet and attractive valuation (low P/E and high dividend yield). This is offset by weak technical momentum (price below key moving averages and negative MACD) and uneven operating performance, including a return to losses in 2026.
Positive Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it reduces refinancing and solvency risk, enables the firm to fund inventory, marketing or selective store investment through cycles, and preserves capacity to withstand retail volatility over the next 2–6 months.
Negative Factors
Earnings volatility
Sharp multi-year swings in operating and net margins weaken the predictability of earnings and undermine capital-allocation decisions. Persistent volatility suggests earnings depend on variable factors—demand, channel mix, or one-offs—which impairs confidence in sustainable profit generation over 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it reduces refinancing and solvency risk, enables the firm to fund inventory, marketing or selective store investment through cycles, and preserves capacity to withstand retail volatility over the next 2–6 months.
Read all positive factors
China Dongxiang (Group) Co (3818) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.67B
Dividend Yield5.01%
Average Volume (3M)6.71M
Price to Earnings (P/E)―
Beta (1Y)1.26
Revenue Growth4.14%
EPS Growth-180.84%
CountryHK
Employees338
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-0.04
Shares Outstanding5,895,073,000
10 Day Avg. Volume3,848,700
30 Day Avg. Volume6,705,406
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.25
Price to Sales (P/S)1.29
P/FCF Ratio16.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
China Dongxiang (Group) Co Business Overview & Revenue Model
Company Description
China Dongxiang (Group) Co., Ltd. is primarily involved in the design, development, marketing, and sale of sport-related apparel, footwear, and accessories. The company operates both domestically within the People's Republic of China and across in...
How the Company Makes Money
China Dongxiang makes money mainly by monetizing sportswear brands—most notably Kappa in Mainland China—through the sale of branded products. Its revenue model is driven by (1) selling sports apparel, footwear, and accessories to consumers via ret...
China Dongxiang (Group) Co Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
83
Very Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.66B | 1.68B | 1.74B | 1.68B | 1.92B |
| Gross Profit | 1.10B | 1.15B | 1.19B | 1.06B | 1.12B |
| EBITDA | 58.86M | 351.21M | -655.84M | 46.44M | -1.86B |
| Net Income | -152.49M | 207.00M | -639.36M | 115.00M | -1.78B |
Balance Sheet | |||||
| Total Assets | 9.68B | 10.04B | 9.74B | 10.58B | 10.49B |
| Cash, Cash Equivalents and Short-Term Investments | 4.86B | 4.70B | 3.83B | 3.97B | 3.86B |
| Total Debt | 235.81M | 47.22M | 38.90M | 57.56M | 232.81M |
| Total Liabilities | 981.39M | 832.42M | 665.80M | 911.38M | 1.13B |
| Stockholders Equity | 8.70B | 9.21B | 9.07B | 9.67B | 9.35B |
Cash Flow | |||||
| Free Cash Flow | 133.92M | 73.12M | 143.47M | 30.27M | -262.57M |
| Operating Cash Flow | 193.73M | 141.65M | 198.90M | 101.60M | -211.19M |
| Investing Cash Flow | -372.27M | -141.10M | -923.98M | 1.18B | 276.79M |
| Financing Cash Flow | -39.08M | -133.21M | -109.81M | -307.86M | -334.57M |
China Dongxiang (Group) Co Technical Analysis
Negative
0.43
Price Trends
0.36
Negative
0.39
Negative
0.43
Negative
Market Momentum
-0.02
Negative
30.71
Neutral
32.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3818, the sentiment is Negative. The current price of 0.43 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.36, and above the 200-day MA of 0.43, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 30.71 is Neutral, neither overbought nor oversold. The STOCH value of 32.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3818.
China Dongxiang (Group) Co Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | HK$9.87B | 8.95 | 38.78% | 6.92% | 6.62% | 11.13% | |
78 Outperform | HK$4.14B | 7.13 | 10.39% | 8.21% | 11.68% | 9.03% | |
78 Outperform | HK$55.31B | 12.14 | 21.70% | 6.15% | 8.08% | 11.43% | |
73 Outperform | HK$16.86B | 9.58 | 14.29% | 5.87% | 6.88% | 11.98% | |
71 Outperform | HK$66.74B | 9.93 | 15.65% | 4.31% | 8.19% | -6.72% | |
62 Neutral | HK$1.67B | -12.71 | 3.61% | 5.01% | 4.14% | -180.84% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
HK:3818
China Dongxiang (Group) Co
0.29
-0.12
-28.75%
HK:3998
Bosideng International Holdings
4.77
0.61
14.77%
HK:3306
JNBY Design
19.24
2.18
12.77%
HK:2313
Shenzhou International Group Holdings
44.40
-10.62
-19.29%
HK:1234
China Lilang Ltd.
3.46
-0.05
-1.31%
HK:2232
Crystal International Group Limited
5.91
0.81
15.91%
China Dongxiang (Group) Co Corporate Events
China Dongxiang Releases Audited 2025/2026 Annual Results and Report
Jun 24, 2026
China Dongxiang (Group) Co., Ltd., a Hong Kong–listed sportswear group incorporated in the Cayman Islands, has released its audited annual results for the financial year ended 31 March 2026. The company’s full 2025/2026 annual report, ...
China Dongxiang Flags Swing to Loss on Market Volatility and FX Hit
Jun 9, 2026
China Dongxiang (Group) Co., Ltd. has warned that it expects to swing to a net loss of up to RMB180 million for the financial year ended 31 March 2026, compared with a net profit of about RMB207 million a year earlier. The shift reflects the compa...
China Dongxiang Schedules Board Meeting to Approve Annual Results and Consider Dividend
May 20, 2026
China Dongxiang (Group) Co., Ltd. has scheduled a board meeting for 24 June 2026 to review and approve the consolidated final results for the twelve months ended 31 March 2026. The board will also consider whether to recommend a final dividend, a ...
China Dongxiang Adds Independent Director to Strengthen Board Oversight
Apr 13, 2026
China Dongxiang (Group) Co., Ltd. has appointed Banu International founder and chairman Du Zhongbing as an independent non-executive director, effective 13 April 2026. The company highlights his strategic management experience and influence in the...
China Dongxiang Updates Board Composition and Governance Committee Roles
Apr 13, 2026
China Dongxiang has disclosed the latest composition of its board of directors and the allocation of roles across key governance committees. The board includes Chairman Chen Yihong, CEO and Co-Chairman Chen Chen, CFO Lyu Guanghong, and four indepe...
China Dongxiang appoints veteran consumer executive Zhou Zhiyi as independent non-executive director
Mar 30, 2026
China Dongxiang (Group) Co., Ltd. has appointed industry veteran Zhou Zhiyi as an independent non-executive director, effective 30 March 2026, bringing over 35 years of corporate management, marketing strategy and business development experience i...
China Dongxiang Details Board Composition and Committee Roles
Mar 30, 2026
China Dongxiang has announced the current composition of its board of directors, naming Chen Yihong as chairman, Chen Chen as chief executive officer and co-chairman, and Lyu Guanghong as chief financial officer, alongside three independent non-ex...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.