Zibuyu Group Limited logo

Zibuyu Group Limited

2420.HK

HKSEConsumer CyclicalSpecialty Retail

Latest quote

HK$3.85

+HK$0.02 · +0.52%

Aug 24, 3:04 PM HKTData delayed

2420.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Zibuyu Group Limited, a China-based enterprise, operates within the cross-border e-commerce sector. The company's core business involves designing, marketing, and distributing its proprietary collection of clothing, footwear, and various other merchandise. These goods are sold to an international customer base through a combination of its own online storefronts and established third-party e-commerce marketplaces. Established in 2011, the company maintains its headquarters in Hangzhou, China.

Industry
Specialty Retail
Sector
Consumer Cyclical
Headquarters
CN
CEO
Caixiong Chen
Listed since
Nov 11, 2022
Employees
1,065

Market position

Day range

Current HK$3.85

52-week range

Current HK$3.85

Open
HK$3.85
Previous close
HK$3.83
Volume
69K
0.84× average
Average volume
81.73K
Average daily volume
Market cap
1.86B HKD
Beta
0.12
Market reference 1
50-day average
HK$3.8317
+0.48% above average
200-day average
HK$3.7386
+2.98% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.49B CNY
P/E (TTM)
P/B (TTM)
1.96×
P/S (TTM)
0.34×
EV / EBITDA
5.34×
Earnings yield
14.85%
Free cash flow yield
7.42%
Dividend yield
5.97%

Profitability & efficiency

Gross margin
74.83%
Operating margin
5.85%
Net margin
5.78%
Return on equity
32.80%
Return on assets
18.52%
Return on invested capital
25.61%

Financial health

Debt / equity
0.26×
Current ratio
2.26×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends85%51%17%-17%Gross margin, FY2021: 75.24%Gross margin, FY2022: 76.57%Gross margin, FY2023: 65.17%Gross margin, FY2024: 74.32%Gross margin, FY2025: 74.83%Operating margin, FY2021: 10.64%Operating margin, FY2022: 4.64%Operating margin, FY2023: -7.92%Operating margin, FY2024: 4.88%Operating margin, FY2025: 5.85%Net margin, FY2021: 8.54%Net margin, FY2022: 3.61%Net margin, FY2023: -8.86%Net margin, FY2024: 4.53%Net margin, FY2025: 5.78%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 75.24%. Gross margin FY2022 76.57%. Gross margin FY2023 65.17%. Gross margin FY2024 74.32%. Gross margin FY2025 74.83%. Operating margin FY2021 10.64%. Operating margin FY2022 4.64%. Operating margin FY2023 -7.92%. Operating margin FY2024 4.88%. Operating margin FY2025 5.85%. Net margin FY2021 8.54%. Net margin FY2022 3.61%. Net margin FY2023 -8.86%. Net margin FY2024 4.53%. Net margin FY2025 5.78%.

Income trends

Revenue

4.66B CNY+40.15%

Operating income

272.58M CNY+68.07%

Net income

269.22M CNY+78.55%
Income trends across reported periods5.15B CNY3.18B CNY1.21B CNY−758.39M CNYRevenue, FY2021: 2.35B CNYRevenue, FY2022: 3.07B CNYRevenue, FY2023: 3B CNYRevenue, FY2024: 3.33B CNYRevenue, FY2025: 4.66B CNYOperating income, FY2021: 249.77M CNYOperating income, FY2022: 142.18M CNYOperating income, FY2023: −237.73M CNYOperating income, FY2024: 162.19M CNYOperating income, FY2025: 272.58M CNYNet income, FY2021: 200.51M CNYNet income, FY2022: 110.69M CNYNet income, FY2023: −265.79M CNYNet income, FY2024: 150.78M CNYNet income, FY2025: 269.22M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.35B CNY. Revenue FY2022 3.07B CNY. Revenue FY2023 3B CNY. Revenue FY2024 3.33B CNY. Revenue FY2025 4.66B CNY. Operating income FY2021 249.77M CNY. Operating income FY2022 142.18M CNY. Operating income FY2023 −237.73M CNY. Operating income FY2024 162.19M CNY. Operating income FY2025 272.58M CNY. Net income FY2021 200.51M CNY. Net income FY2022 110.69M CNY. Net income FY2023 −265.79M CNY. Net income FY2024 150.78M CNY. Net income FY2025 269.22M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.66B CNY3.33B CNY3B CNY3.07B CNY2.35B CNY
Cost of goods sold1.17B CNY853.79M CNY1.05B CNY718.58M CNY581.01M CNY
Gross profit3.49B CNY2.47B CNY1.96B CNY2.35B CNY1.77B CNY
Research and development27.96M CNY38.32M CNY33.31M CNY19.88M CNY
Selling, general, and administrative3.22B CNY2.34B CNY2.21B CNY2.23B CNY1.37B CNY
Operating expenses3.21B CNY2.31B CNY2.19B CNY2.21B CNY1.52B CNY
Interest income8.41M CNY11.54M CNY5.2M CNY1.08M CNY8.46M CNY
Interest expense6.15M CNY7.5M CNY9.38M CNY14.15M CNY7.08M CNY
Depreciation and amortization4.34M CNY5M CNY33.11M CNY28.78M CNY3.57M CNY
Operating income272.58M CNY162.19M CNY−237.73M CNY142.18M CNY249.77M CNY
Net income269.22M CNY150.78M CNY−265.79M CNY110.69M CNY200.51M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.37

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.450.07-0.31-0.69Q4 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q4 2022, reported Oct 30, 2022: actual 0.078, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 27, 2023: actual 0.12, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 0.022, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual -0.609, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 0.193, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 0.128, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 0.241, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 0.367, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.46B2.75B2.05B1.34BQ1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24No estimateQ1 '25MissQ3 '25MissQ1 '26No estimateQ3 '26Estimate
Q1 2023, reported Mar 27, 2023: actual 2.04B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 1.49B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 1.8B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 29, 2024: actual 1.57B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 1.98B HKD, estimate 2.15B HKD, surprise -7.64%, Miss. Q3 2025, reported Aug 26, 2025: actual 2.15B HKD, estimate 2.21B HKD, surprise -2.73%, Miss. Q1 2026, reported Mar 26, 2026: actual 3B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 25, 2026: actual —, estimate 3.31B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.12

2025 complete year+140.0% since 2023

2026 partial: HK$0.23

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 13, 2026

HK$0.23

Annual

Record May 15, 2026 · Payment May 26, 2026

Dividend

Ex-dividend May 8, 2025

HK$0.12

Annual

Record May 9, 2025 · Payment May 27, 2025

Dividend

Ex-dividend Jul 7, 2023

HK$0.05

Irregular

Record Jul 11, 2023 · Payment Aug 8, 2023

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