Stella International Holdings Limited

Stella International Holdings Limited

12.90
HKD
-0.32
(-2.42%)
10.45BMarket Cap
Mar 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.95
2.1
2.23
1.96
1.99
2
1.95
1.43
1.95
2.06
1.88
1.91
1.88
- -
Basic EPS, GAAP
0.16
0.15
0.15
0.1
0.08
0.08
0.12
- -
0.11
0.15
0.18
0.21
0.17
- -
Free Cash Flow per Basic Share
0.12
-0.03
0.11
0.03
- -
0.05
0.19
0.15
0.08
0.23
0.2
0.24
0.12
- -
Dividend per Share
0.14
0.12
0.11
0.11
0.09
0.08
0.11
0.06
0.03
0.13
0.11
0.16
0.2
- -
Book Value per Share
1.17
1.2
1.24
1.23
1.22
1.2
1.21
1.16
1.26
1.26
1.32
1.34
1.31
1.28
Tangible Book Value per Share
1.15
1.17
1.22
1.21
1.2
1.17
1.21
1.16
1.26
1.26
1.32
1.34
1.31
1.27
Basic Weighted Avg Shares
792
793
793
793
793
793
793
793
792
792
792
809
834
831
Sales/Revenue/Turnover
1,541
1,663
1,770
1,551
1,577
1,589
1,545
1,136
1,541
1,631
1,493
1,545
1,570
- -
Operating Margin (%)
8.37
8.16
7.17
4.18
4.04
3.95
6.2
0.9
7.6
9.69
11.67
11.96
9.46
- -
Depreciation Expense
35
40
40
42
38
42
45
50
57
56
56
55
57
- -
Net Income, GAAP
123
120
120
81
60
65
96
2
90
118
141
171
138
- -
Effective Tax Rate (%)
10.58
11.46
6.68
7.98
5.61
6.15
4.12
52.24
12.22
12.02
13.07
14.43
15
- -
Profit Margin (%)
7.97
7.23
6.79
5.24
3.78
4.12
6.21
0.15
5.82
7.24
9.45
11.07
8.79
- -
Working Capital
574
559
552
521
503
486
493
415
477
506
562
614
562
514
LT Debt
- -
- -
3
3
3
3
7
15
24
13
11
8
11
8
Total Equity
934
953
984
978
968
947
959
924
1,017
1,016
1,067
1,118
1,110
1,090
Return on Invested Capital (%)
12.44
12.49
11.87
6.04
5.59
4.96
8.59
-0.07
7.9
11.17
13.05
14.27
11.1
- -
Return on Capital (%)
13.28
12.83
12.44
8.27
6.02
6.99
9.87
0.27
8.92
11.49
13.46
15.6
12.37
- -
Return on Common Equity (%)
13.28
12.76
12.41
8.27
6.12
6.8
10.03
0.18
9.33
11.82
13.76
15.89
12.55
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
58
6
19
LT Borrowings
5
4
3
LT Finance Leases
5
7
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
835
838
844
Market Capitalization
1,543
1,611
1,333

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
916
861
788
Cash, Cash Equivalents & STI
351
373
210
Accounts Receivable, Net
305
234
312
Inventories
224
217
223
Total Current Liabilities
328
299
274
Payables & Accruals
- -
- -
- -
ST Debt
58
6
19
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.29%
3.82%
-0.63%
Free Cash Flow
213.06%
19.92%
-47.47%
Net Income, GAAP
517.52%
1,055.23%
-19.33%
Sales/Revenue/Turnover
-0.1%
7.63%
1.63%
Total Cash Common Dividend
33.85%
75.25%
28.58%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,545
2025
- -
- -
1,570
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.21
2025
- -
- -
0.17
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.16
2025
- -
- -
0.2
2026
- -
- -
- -

Company Description

CEO
Lo Jen Chi
Full Time Employees
45,400
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
MG Tower Hong Kong Hong Kong
IPO Date
Jul 6, 2007
Business
Stella International Holdings Limited (1836.HK) is an investment holding company principally engaged in the development, manufacture, and sale of premium quality footwear and leather goods, including handbags and accessories. The company operates primarily through its Manufacturing segment, which provides product design, commercialization, and tailored production solutions for luxury, high-end fashion, athleisure, sports, casual, and outdoor footwear categories; and a smaller Retailing and Wholesaling segment featuring its own Stella Luna brand footwear in the People's Republic of China (PRC). It serves prestigious global brands with a focus on unparalleled craftsmanship, speed-to-market, small-batch flexibility, and sustainability, supported by a diversified manufacturing footprint across Vietnam, the PRC, Indonesia, the Philippines, and Bangladesh; key markets include North America (48.7% of revenue), Europe (23.4%), the PRC (15.5%), and other Asia regions. Founded in 1982 and headquartered at MG Tower in Kowloon, Hong Kong, the company listed on the Hong Kong Stock Exchange in 2007 and employs approximately 43,400 direct workers plus indirect labor for a total workforce of around 65,000. In recent developments under its Three-Year Plan (2023-2025), Stella has deepened ties with major global sports brands, added fast-growing sports and fashion footwear customers, and optimized production capacity allocation toward higher-margin categories, achieving shipment volume growth of 3.8% to 27.5 million pairs in the first half of 2025 despite a high base effect. The company expanded its footprint with a new footwear factory ramp-up in Solo, Indonesia (commenced 2022), an exclusive sports facility in Indonesia with a major brand partner, and increased Bangladesh capacity; it also completed the acquisition of a small, experienced handbag and accessories factory in Vietnam in July 2025 to bolster this segment as a long-term growth driver. Further, Stella secured consecutive MSCI ESG rating upgrades to 'AA' in August 2025, announced an excess cash return program of up to US$60 million annually for 2025-2026 via repurchases and special dividends atop its 70% payout policy, and plans a 20 million pair production capacity increase from 2025 via new facilities in Indonesia and Bangladesh.

Company News

  • Why Stella International Rose ~9% Despite Lackluster Revenue Growth, Falling ASP