Lever Style Corp.

Lever Style Corp.

HHKEX:1346
1.42
HKD
-0.02
(-1.74%)
805.27MMarket Cap
Mar 30Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.16
0.16
0.18
0.24
0.14
0.22
0.34
0.33
0.35
0.32
- -
Basic EPS, GAAP
0.01
0.01
0.01
0.01
- -
0.01
0.02
0.02
0.03
0.03
- -
Free Cash Flow per Basic Share
0.01
0.01
0.01
- -
- -
-0.01
0.01
0.01
0.04
0.03
- -
Dividend per Share
- -
- -
0.01
0.01
0.01
- -
- -
0.01
0.01
0.01
- -
Book Value per Share
0.01
0.02
0.02
0.05
0.05
0.06
0.07
0.08
0.1
0.11
0.11
Tangible Book Value per Share
0.01
0.02
0.02
0.05
0.05
0.05
0.07
0.08
0.1
0.11
0.1
Basic Weighted Avg Shares
640
640
640
501
640
639
636
637
635
625
621
Sales/Revenue/Turnover
101
101
116
122
88
144
217
209
223
200
- -
Operating Margin (%)
3.21
6.39
6.9
5.78
0.56
3.92
9.9
8.66
9.88
8.89
- -
Depreciation Expense
1
1
1
1
1
2
2
1
2
2
- -
Net Income, GAAP
4
4
6
5
- -
4
15
16
17
16
- -
Effective Tax Rate (%)
11.23
17.31
16.25
22.05
- -
18.48
17.47
14.56
14.7
18.04
- -
Profit Margin (%)
3.89
4.46
5.58
3.97
0.12
3.01
6.68
7.49
7.69
7.93
- -
Working Capital
8
9
12
32
27
28
42
48
57
63
57
LT Debt
1
1
- -
1
4
3
1
1
- -
2
2
Total Equity
9
11
13
34
31
36
48
54
63
70
70
Return on Invested Capital (%)
- -
25.85
33.2
15.97
- -
8.47
22.51
25.67
26.94
21.71
- -
Return on Capital (%)
- -
23.96
33.55
16.25
- -
8.38
24.98
27.29
28.9
23.33
- -
Return on Common Equity (%)
- -
45.62
53.52
20.24
0.33
12.85
34.75
30.84
29.41
23.91
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
639
639
639
Market Capitalization
105
118
103

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
86
100
96
Cash, Cash Equivalents & STI
33
42
27
Accounts Receivable, Net
30
40
39
Inventories
16
14
22
Total Current Liabilities
31
37
39
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.6%
10.68%
Free Cash Flow
- -
-33.46%
-30.49%
Net Income, GAAP
- -
829.56%
-7.43%
Sales/Revenue/Turnover
- -
21.53%
-10.22%
Total Cash Common Dividend
- -
- -
10.24%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
223
2025
- -
- -
200
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.03
2025
- -
- -
0.03
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.01
2026
- -
- -
- -

Company Description

CEO
William Tan
Full Time Employees
344
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Wing Tai Centre Hong Kong HK Hong Kong
IPO Date
Nov 13, 2019
Business
Lever Style Corporation (1346.HK) is a Hong Kong-based investment holding company engaged in the design, production, and trading of garments for premium fashion, outdoor, activewear, and athleisure brands worldwide. The company offers end-to-end supply chain solutions, including fashion design, prototype and technical package development, raw material procurement, production oversight, quality control, and delivery logistics; its core product categories encompass denim and premium jeans, knitwear and cut-and-sewn knits, leather goods, outerwear and performance outerwear, bottoms and pants, shirts, soft wovens, suits, sweaters, intimates, athleisure/activewear, and custom apparel for men's, women's, and kids' wear. Founded in 1956 and headquartered in Kwun Tong, Hong Kong, Lever Style operates a pan-Asian manufacturing network across more than 100 factories in six countries, including China, Vietnam, and Bangladesh, serving notable clients such as Arc'teryx, Hugo Boss, Paul Smith, Armani, Mammut, and Stitch Fix primarily in the United States, Europe, Oceania, Greater China, and other international markets. As a subsidiary of Lever Style Holdings Limited, it emphasizes high-mix low-volume production capabilities for small batches as low as 300 units and scalable orders exceeding one million units, with certifications including B Corp, GOTS, GRS, OCS, RWS, and PAS2060 underscoring its sustainability focus. Recent developments include the acquisition of Elegant Team Development's apparel business in late 2023 for $4.8 million to bolster outdoor and activewear expertise with Bangladesh production capacity, the appointment of William Tan as CEO effective April 1, 2024, succeeding Eddie Chen, and the 2025 acquisition of Champion System Limited to enhance activewear and custom apparel capabilities; the company continues to pursue mergers and acquisitions for growth amid industry challenges, building on six deals since its 2019 IPO.