Zhejiang Busen Garment Co., Ltd. Class A

Zhejiang Busen Garment Co., Ltd. Class A

SSZSE:002569
10.23
CNY
+0.26
(+2.61%)
-0.04EPS
2.03BMarket Cap
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
4.29
3.43
2.8
2.8
2.44
2.29
2.58
1.81
1.81
1.08
1.03
0.98
0.97
1.07
Basic EPS, GAAP
0.04
-0.73
0.08
0.05
-0.24
-1.38
0.32
-1.09
0.28
-0.55
-0.48
-0.38
0.06
-0.04
Free Cash Flow per Basic Share
-0.64
-0.31
0.09
0.08
-0.12
-0.36
-0.13
-0.11
-0.24
-0.15
-0.26
-0.12
0.03
- -
Dividend per Share
0.12
0.09
0.07
0.02
0.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.35
3.62
3.7
3.75
3.51
2.12
2.42
1.35
1.78
1.1
0.64
0.24
0.3
0.21
Tangible Book Value per Share
4.1
3.38
3.54
3.6
3.37
1.98
2.27
1.21
1.63
0.96
0.62
0.24
0.3
0.21
Basic Weighted Avg Shares
152
141
144
132
141
140
139
141
143
143
140
135
145
141
Sales/Revenue/Turnover
651
482
402
370
344
320
359
255
259
155
144
132
140
152
Operating Margin (%)
4.56
-8.66
3.71
1.06
5.23
1.21
2.14
-23.06
11.83
2.56
-10.89
-17.1
0.58
-7.31
Depreciation Expense
16
17
16
11
7
6
7
7
12
11
6
6
7
- -
Net Income, GAAP
6
-103
12
7
-34
-193
44
-153
40
-78
-67
-51
9
-5
Effective Tax Rate (%)
63.35
- -
39.36
66.65
- -
- -
2.51
- -
- -
- -
- -
- -
1.71
- -
Profit Margin (%)
0.93
-21.3
2.86
1.79
-9.83
-60.28
12.39
-60.24
15.48
-50.77
-46.5
-38.85
6.19
-3.48
Working Capital
386
286
367
440
294
234
136
59
139
45
27
-35
-28
9
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
1
2
2
6
1
- -
Total Equity
610
507
519
525
491
301
343
197
258
162
93
33
43
29
Return on Invested Capital (%)
0.63
- -
-2.58
1.21
- -
- -
-7.09
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
1.36
- -
2.79
1.36
- -
- -
14.2
- -
- -
- -
- -
- -
23.57
- -
Return on Common Equity (%)
0.99
-18.38
2.24
1.26
-6.65
-48.95
14
-57.56
17.82
-37.84
-53.44
-81.35
22.13
-17.32

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
144
144
144
Market Capitalization
1,793
2,133
2,028

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
161
140
128
Cash, Cash Equivalents & STI
76
33
26
Accounts Receivable, Net
20
41
38
Inventories
39
39
36
Total Current Liabilities
188
173
119
Payables & Accruals
- -
- -
- -
ST Debt
3
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-15.74%
-16.93%
28.08%
Free Cash Flow
-17.72%
-3.37%
-125.24%
Net Income, GAAP
-132.91%
-115.32%
-116.87%
Sales/Revenue/Turnover
-8.66%
-9.55%
5.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36
34
32
31
132
2025
32
20
- -
51
140
2026
40
41
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.07
0.01
-0.05
-0.27
-0.38
2025
-0.03
-0.04
- -
0.1
0.06
2026
-0.03
-0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ya Zhu Wang
Full Time Employees
330
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Building 3-1, Building B1, Jinsha Center Hangzhou ZH China 310000
IPO Date
Mar 29, 2011
Website
busen.cn
Business
Zhejiang Busen Garments Co., Ltd. (002569.SZ) designs, produces, and sells men's branded clothing under the Busen brand, primarily targeting middle- and high-end business consumers in China with operations focused domestically and select international distribution; its core products include shirts, suits, trousers, jackets, T-shirts, knitwear, professional wear, labor protective clothing, apparel, and leather products, distributed through online and offline channels as well as direct sales channels. The company, founded in 1985 and headquartered at Jiabao Science and Technology Innovation Center in Hangzhou's Qiantang District, Zhejiang Province, China, also provides technology promotion, software, and information technology services alongside its apparel business. In recent developments, the company plans to sell its 35% stake in Shaanxi Busen Clothing Intelligent Manufacturing to streamline operations, reported positive third-quarter 2025 earnings with EPS of CNY 0.033 versus a prior-year loss, and received a shareholder proposal from Baoji Fangwei Tongchuang Enterprise in June 2025 amid ongoing strategic reviews; it employs approximately 496-510 staff and operates within the consumer cyclical apparel manufacturing sector.