Cabbeen Fashion Limited logo

Cabbeen Fashion Limited

2030.HK

HKSEConsumer CyclicalApparel - Manufacturers

Latest quote

HK$1.28

−HK$0.01 · -0.78%

Aug 21, 3:40 PM HKTData delayed

2030.HK company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Cabbeen Fashion Limited, headquartered in Guangzhou, China, is a diversified enterprise with a core focus on fashion and casual wear. The company designs, sources, and distributes apparel, footwear, and accessories. While historically rooted in menswear, its product lines now cater to men, women, and children, marketed across the People's Republic of China under various brands: Cabbeen, Cabbeen Lifestyle, Cabbeen Urban, Cabbeen Love, and 2AM. Its business operations are segmented into two primary areas: Apparel and Accessories, and Personal Protective Equipment (PPE), with the latter encompassing both manufacturing and sales. As of December 31, 2021, Cabbeen commanded a substantial retail footprint. In Mainland China, its products were available in 830 retail locations, supported by a network of 6 wholesale, 21 consignment, and 106 sub-distributors. The company also directly operated one retail shop in Hong Kong and managed various franchised stores. Digitally, Cabbeen maintains an active online presence through its own WeChat store, prominent e-commerce platforms such as T-mall, JD.com, and Vipshop, and partnerships with other online distributors. Beyond its fashion and PPE ventures, the company also engages in real estate development, property investment, and intellectual property management.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
CN
CEO
Ziming Yang
Listed since
Oct 28, 2013
Employees
122

Market position

52-week range

Current HK$1.28

Open
HK$1.28
Previous close
HK$1.29
Volume
62K
1.27× average
Average volume
48.8K
Average daily volume
Market cap
855.8M HKD
Beta
1.66
Market reference 1
50-day average
HK$1.2919
-0.92% below average
200-day average
HK$1.3759
-6.97% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
21.2×
P/B (TTM)
0.54×
P/S (TTM)
0.76×
Dividend yield
1.94%

Profitability & efficiency

Gross margin
42.99%
Operating margin
6.97%
Net margin
3.57%

Financial health

Debt / equity
0.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%30%9%-12%Gross margin, FY2021: 45.81%Gross margin, FY2022: 42.78%Gross margin, FY2023: 43.04%Gross margin, FY2024: 44.67%Gross margin, FY2025: 43.06%Operating margin, FY2021: 18.60%Operating margin, FY2022: -4.73%Operating margin, FY2023: 7.46%Operating margin, FY2024: 8.66%Operating margin, FY2025: 10.23%Net margin, FY2021: 11.96%Net margin, FY2022: -7.18%Net margin, FY2023: 1.75%Net margin, FY2024: 2.65%Net margin, FY2025: 3.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 45.81%. Gross margin FY2022 42.78%. Gross margin FY2023 43.04%. Gross margin FY2024 44.67%. Gross margin FY2025 43.06%. Operating margin FY2021 18.60%. Operating margin FY2022 -4.73%. Operating margin FY2023 7.46%. Operating margin FY2024 8.66%. Operating margin FY2025 10.23%. Net margin FY2021 11.96%. Net margin FY2022 -7.18%. Net margin FY2023 1.75%. Net margin FY2024 2.65%. Net margin FY2025 3.24%.

Income trends

Revenue

943.94M HKD-8.80%

Operating income

96.59M HKD+7.82%

Net income

30.62M HKD+11.67%
Income trends across reported periods1.52B HKD935.33M HKD352.21M HKD−230.9M HKDRevenue, FY2021: 1.37B HKDRevenue, FY2022: 1.19B HKDRevenue, FY2023: 1.19B HKDRevenue, FY2024: 1.04B HKDRevenue, FY2025: 943.94M HKDOperating income, FY2021: 255.3M HKDOperating income, FY2022: −56.07M HKDOperating income, FY2023: 88.69M HKDOperating income, FY2024: 89.58M HKDOperating income, FY2025: 96.59M HKDNet income, FY2021: 164.19M HKDNet income, FY2022: −85.12M HKDNet income, FY2023: 20.81M HKDNet income, FY2024: 27.42M HKDNet income, FY2025: 30.62M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.37B HKD. Revenue FY2022 1.19B HKD. Revenue FY2023 1.19B HKD. Revenue FY2024 1.04B HKD. Revenue FY2025 943.94M HKD. Operating income FY2021 255.3M HKD. Operating income FY2022 −56.07M HKD. Operating income FY2023 88.69M HKD. Operating income FY2024 89.58M HKD. Operating income FY2025 96.59M HKD. Net income FY2021 164.19M HKD. Net income FY2022 −85.12M HKD. Net income FY2023 20.81M HKD. Net income FY2024 27.42M HKD. Net income FY2025 30.62M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue943.94M HKD1.04B HKD1.19B HKD1.19B HKD1.37B HKD
Cost of goods sold537.49M HKD572.69M HKD677.02M HKD678.06M HKD743.83M HKD
Gross profit406.45M HKD462.31M HKD511.63M HKD506.99M HKD628.84M HKD
Research and development25.03M HKD4.17M HKD17.64M HKD16.15M HKD12.33M HKD
Selling, general, and administrative396.09M HKD214.63M HKD292.35M HKD240.26M HKD296.48M HKD
Operating expenses309.86M HKD372.73M HKD422.94M HKD563.07M HKD373.54M HKD
Interest income10.47M HKD11.03M HKD11.23M HKD11.4M HKD16.76M HKD
Interest expense9.07M HKD13.07M HKD18.65M HKD21.33M HKD16.18M HKD
Depreciation and amortization44.93M HKD68.77M HKD68.12M HKD42.25M HKD41.2M HKD
Operating income96.59M HKD89.58M HKD88.69M HKD−56.07M HKD255.3M HKD
Net income30.62M HKD27.42M HKD20.81M HKD−85.12M HKD164.19M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.02

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.250.1-0.05-0.21Q4 '20Q2 '21Q1 '22Q2 '22Q1 '23Q3 '23Q2 '24Q4 '25
Q4 2020, reported Dec 31, 2020: actual 0.139, estimate —, surprise —, Comparison unavailable. Q2 2021, reported Jun 30, 2021: actual 0.212, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Feb 7, 2022: actual 0.084, estimate —, surprise —, Comparison unavailable. Q2 2022, reported Jun 30, 2022: actual 0.024, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual -0.168, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 4, 2023: actual 0.017, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 9, 2024: actual 0.017, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 31, 2025: actual 0.023, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.18B959.54M742.47M525.4MQ4 '20Q2 '21Q1 '22Q2 '22Q1 '23Q3 '23Q2 '24Q4 '25
Q4 2020, reported Dec 31, 2020: actual 1.13B HKD, estimate —, surprise —, Comparison unavailable. Q2 2021, reported Jun 30, 2021: actual 812.61M HKD, estimate —, surprise —, Comparison unavailable. Q1 2022, reported Feb 7, 2022: actual 893.43M HKD, estimate —, surprise —, Comparison unavailable. Q2 2022, reported Jun 30, 2022: actual 700.54M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 17, 2023: actual 668.13M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 4, 2023: actual 636.61M HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 9, 2024: actual 664.05M HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Dec 31, 2025: actual 570.65M HKD, estimate —, surprise —, Comparison unavailable.

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