YGM Trading Limited

YGM Trading Limited

HHKEX:375
1.06
HKD
-0.16
(-13.17%)
228.89MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
7.51
6.63
5.39
4.59
3.47
2.17
1.63
1.3
1.28
1.29
1.44
1.07
- -
- -
Basic EPS, GAAP
1.32
0.49
-0.53
-0.59
0.91
0.54
-0.53
-0.07
0.02
-0.08
-0.03
-0.14
- -
- -
Free Cash Flow per Basic Share
0.71
-1.23
-0.56
-0.06
-0.43
-0.45
-0.35
0.16
-0.06
0.21
0.24
0.21
- -
- -
Dividend per Share
1.05
0.9
0.3
0.05
4.28
0.69
0.32
- -
0.2
0.05
0.1
0.1
- -
- -
Book Value per Share
9.33
8.6
7.6
6.83
4.35
4.11
3.24
3.25
3.01
2.84
2.73
2.49
- -
- -
Tangible Book Value per Share
6.63
5.9
4.86
6.18
3.7
3.46
2.44
2.44
2.2
2.03
1.92
1.72
- -
- -
Basic Weighted Avg Shares
166
166
166
166
166
166
166
166
166
166
166
166
166
166
Sales/Revenue/Turnover
1,246
1,100
894
761
576
361
270
216
211
214
238
178
- -
- -
Operating Margin (%)
14.19
3.88
-12.79
-12.22
-17.38
-22.59
-9.18
-8.51
-10.74
-8.67
-2.57
-5.11
- -
- -
Depreciation Expense
29
36
37
22
10
14
65
35
34
38
40
32
- -
- -
Net Income, GAAP
219
81
-88
-97
151
90
-87
-12
3
-14
-5
-24
- -
- -
Effective Tax Rate (%)
9.01
8.62
- -
- -
3.02
6.76
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
17.55
7.37
-9.83
-12.8
26.23
25.01
-32.29
-5.43
1.55
-6.43
-2.15
-13.3
- -
- -
Working Capital
776
438
328
711
177
257
153
139
160
131
104
99
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
47
34
29
37
31
23
- -
- -
Total Equity
1,574
1,457
1,288
1,161
749
705
558
559
508
478
458
418
- -
- -
Return on Invested Capital (%)
10.61
2.98
- -
- -
-7.41
-10.97
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
13.88
5.21
- -
- -
15.66
12.15
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
14.41
5.45
-6.54
-8.13
16.28
12.85
-14.28
-2.18
0.63
-2.84
-1.11
-5.47
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
21
17
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
23
25
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
166
166
166
Market Capitalization
139
229
158

Working Capital

HKD

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
162
164
- -
Cash, Cash Equivalents & STI
102
106
- -
Accounts Receivable, Net
11
14
- -
Inventories
32
27
- -
Total Current Liabilities
63
80
- -
Payables & Accruals
- -
- -
- -
ST Debt
21
17
- -
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
238
2025
- -
- -
178
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.03
2025
- -
- -
-0.14
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.1
2026
- -
- -
- -

Company Description

CEO
Sing Yam Fu
Full Time Employees
180
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
No. 22 Tai Yau Street Hong Kong Hong Kong
IPO Date
Jan 25, 1988
Business
YGM Trading Limited (0375.HK) is an investment holding company principally engaged in the wholesale and retail of garments, licensing of trademarks, provision of printing and related services, and property rental. Founded in 1949 and headquartered at 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, the company operates through four segments offering shirts, blouses, trousers, casual pants, blousons, polo shirts, T-shirts, hats for men, women and children, golf and ski wear, perfume, watches, eyewear, leather goods, home fashion products, suits and casual wear under brands including Ashworth, Black Clover, Guy Laroche, J.Lindeberg and Michel Rene; it also provides security and general business printing services, trades printing products, develops authentication and electronic forgery detection solutions, and leases investment properties. YGM Trading serves customers via a distribution network across Hong Kong, Taiwan, Mainland China, the United Kingdom and internationally, with approximately 320 employees and over 200 retail outlets primarily in Greater China including major cities such as Beijing, Shanghai and Guangzhou. In September 2025, wholly-owned subsidiaries YGM Limited and Yampa Investments Limited entered into a share purchase agreement to dispose of their entire interests in YGM Retail Limited, the owner of global Ashworth intellectual property rights, together with assignment of a HK$31.4 million sale loan, to Citimark Trading Limited for total consideration of HK$34.3 million, conditional on independent shareholder approval at an extraordinary general meeting scheduled for 4 November 2025 and entry into a distribution and manufacturing license agreement effective post-completion granting YGM Marketing Limited exclusive rights to market, distribute and sell Ashworth products in Hong Kong and Macau, non-exclusive worldwide manufacturing rights and non-exclusive use of Ashworth IP therein for an initial three-year term with annual caps of HK$9 million to HK$25 million. This disposal, which realizes the original HK$31.4 million acquisition cost of Ashworth IP from 2019 amid weak global licensing performance and small losses at YGM Retail, refocuses operations on traditional garment activities in Hong Kong and Macau while generating general working capital proceeds.