YGM Trading Limited logo

YGM Trading Limited

0375.HK

HKSEConsumer CyclicalApparel - Retail

Latest quote

HK$0.985

−HK$0.005 · -0.51%

Aug 24, 10:19 AM HKT

0375.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

YGM Trading Limited, an investment holding firm, primarily focuses on the wholesale and retail distribution of apparel across Hong Kong, Taiwan, Mainland China, the United Kingdom, and other international markets. Its operations are organized into four main divisions: garment sales, trademark licensing, printing and associated services, and property leasing. The company provides a wide array of clothing items, including shirts, blouses, trousers, casual pants, blousons, polo shirts, and T-shirts, alongside specialized golf and ski wear. Its product offerings also encompass accessories such as perfumes, watches, eyewear, leather goods, and home fashion products, in addition to formal suits and casual attire. Beyond its core apparel business, YGM is actively involved in the management and strategic licensing of trademarks, real estate investment and leasing, and the provision of both security and general business printing services. It also engages in the trade of printing products and develops solutions for authentication and electronic forgery detection. Products from the company are marketed under notable brands like Ashworth, Black Clover, Guy Laroche, Michel René, and J.Lindeberg. YGM serves its clientele through an extensive retail network of 87 points of sale located throughout Hong Kong, Macau, Mainland China, and Taiwan. Founded in 1949, YGM Trading Limited maintains its headquarters in San Po Kong, Hong Kong.

Industry
Apparel - Retail
Sector
Consumer Cyclical
Headquarters
HK
CEO
Sing Yam Fu
Listed since
Jan 25, 1988
Employees
180

Market position

Day range

Current HK$0.985

52-week range

Current HK$0.985

Open
HK$0.99
Previous close
HK$0.99
Volume
20K
0.95× average
Average volume
21.13K
Average daily volume
Market cap
163.38M HKD
Beta
0.45
Market reference 1
50-day average
HK$1.1018
-10.60% below average
200-day average
HK$1.0408
-5.36% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
116.79M HKD
P/E (TTM)
-4.37×
P/B (TTM)
0.44×
P/S (TTM)
1.01×
EV / EBITDA
5.33×
Earnings yield
-24.21%
Free cash flow yield
20.80%
Dividend yield
10.15%

Profitability & efficiency

Gross margin
65.08%
Operating margin
-3.41%
Net margin
-23.33%
Return on equity
-10.20%
Return on assets
-8.12%
Return on invested capital
-1.30%

Financial health

Debt / equity
0.14×
Current ratio
2.29×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends79%42%5%-33%Gross margin, FY2021: 63.58%Gross margin, FY2022: 67.17%Gross margin, FY2023: 70.02%Gross margin, FY2024: 66.05%Gross margin, FY2025: 65.08%Operating margin, FY2021: -7.28%Operating margin, FY2022: -10.12%Operating margin, FY2023: -0.97%Operating margin, FY2024: 0.25%Operating margin, FY2025: -3.41%Net margin, FY2021: 1.55%Net margin, FY2022: -6.43%Net margin, FY2023: -2.15%Net margin, FY2024: -13.30%Net margin, FY2025: -23.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 63.58%. Gross margin FY2022 67.17%. Gross margin FY2023 70.02%. Gross margin FY2024 66.05%. Gross margin FY2025 65.08%. Operating margin FY2021 -7.28%. Operating margin FY2022 -10.12%. Operating margin FY2023 -0.97%. Operating margin FY2024 0.25%. Operating margin FY2025 -3.41%. Net margin FY2021 1.55%. Net margin FY2022 -6.43%. Net margin FY2023 -2.15%. Net margin FY2024 -13.30%. Net margin FY2025 -23.33%.

Income trends

Revenue

161.11M HKD-9.42%

Operating income

−5.49M HKD−5.93M HKD

Net income

−37.58M HKD-58.89%
Income trends across reported periods266.04M HKD155.63M HKD45.23M HKD−65.18M HKDRevenue, FY2021: 211.49M HKDRevenue, FY2022: 214.13M HKDRevenue, FY2023: 238.44M HKDRevenue, FY2024: 177.85M HKDRevenue, FY2025: 161.11M HKDOperating income, FY2021: −15.39M HKDOperating income, FY2022: −21.66M HKDOperating income, FY2023: −2.31M HKDOperating income, FY2024: 441K HKDOperating income, FY2025: −5.49M HKDNet income, FY2021: 3.28M HKDNet income, FY2022: −13.77M HKDNet income, FY2023: −5.12M HKDNet income, FY2024: −23.65M HKDNet income, FY2025: −37.58M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 211.49M HKD. Revenue FY2022 214.13M HKD. Revenue FY2023 238.44M HKD. Revenue FY2024 177.85M HKD. Revenue FY2025 161.11M HKD. Operating income FY2021 −15.39M HKD. Operating income FY2022 −21.66M HKD. Operating income FY2023 −2.31M HKD. Operating income FY2024 441K HKD. Operating income FY2025 −5.49M HKD. Net income FY2021 3.28M HKD. Net income FY2022 −13.77M HKD. Net income FY2023 −5.12M HKD. Net income FY2024 −23.65M HKD. Net income FY2025 −37.58M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue161.11M HKD177.85M HKD238.44M HKD214.13M HKD211.49M HKD
Cost of goods sold56.25M HKD60.39M HKD71.47M HKD70.29M HKD77.02M HKD
Gross profit104.85M HKD117.46M HKD166.96M HKD143.84M HKD134.47M HKD
Selling, general, and administrative110.34M HKD126.56M HKD173.08M HKD167.2M HKD157.17M HKD
Operating expenses110.34M HKD117.02M HKD169.27M HKD162.41M HKD157.17M HKD
Interest income1.09M HKD2.37M HKD2.45M HKD1.23M HKD287K HKD
Interest expense2.13M HKD2.35M HKD3.72M HKD2.37M HKD2.38M HKD
Depreciation and amortization27.4M HKD31.64M HKD39.9M HKD38.38M HKD33.75M HKD
Operating income−5.49M HKD441K HKD−2.31M HKD−21.66M HKD−15.39M HKD
Net income−37.58M HKD−23.65M HKD−5.12M HKD−13.77M HKD3.28M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.150.04-0.07-0.18Q3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual -0.089, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 0.109, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual -0.144, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 0.061, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual -0.045, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 19, 2024: actual 0.014, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual -0.013, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual -0.006, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates137.14M115.9M94.66M73.43MQ3 '21Q1 '22Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q3 '25
Q3 2021, reported Sep 30, 2021: actual 102.97M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Mar 31, 2022: actual 108.52M HKD, estimate —, surprise —, Comparison unavailable. Q4 2022, reported Nov 30, 2022: actual 87.29M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 30, 2023: actual 126.84M HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 106.57M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 19, 2024: actual 131.86M HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 29, 2024: actual 88.52M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 78.7M HKD, estimate —, surprise —, Comparison unavailable.

0375.HK peers

Continue in GoAI

Research 0375.HK

research.disclaimer