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Bosideng International Holdings Limited logo

Bosideng International Holdings Limited

3998.HK

HKSEConsumer CyclicalApparel - Manufacturers

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Latest quote

HK$4.395

−HK$0.255 · -5.48%

Aug 24, 11:02 AM HKT

3998.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Bosideng International Holdings Limited engages in the apparel business in the People’s Republic of China. It operates through four segments: Down Related Apparels, OEM Management, Ladieswear Apparels, and Diversified Apparels. The company engages in the research, design, development, outsourced manufacturing, raw materials procurement, marketing, and distribution of down branded and brand authorization, and original equipment manufacturing products under the Bosideng, Snow Flying, Bengen, and other brands; ladies wear products under the JESSIE, BUOU BUOU, KOREANO, and KLOVA brands; and non-seasonal apparel products, including children’s wear, as well as school uniforms under the Sameite brand. It also provides network consulting and e-business of down and non-down apparel; logistics and storage services; and operates as an advertisement agency. The company distributes its products through self-operated retail and retail outlets operated by third party distributors. Bosideng International Holdings Limited was founded in 1976 and is based in Central, Hong Kong.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
HK
CEO
De Kang Gao
Listed since
Oct 11, 2007
Employees
12,895

Market position

Volume
22.97M
0.86× average
Average volume
26.57M
Average daily volume
Market cap
51.07B HKD
Beta
0.61
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
43.64B CNY
EV / EBITDA
7.28×
Earnings yield
9.48%
Free cash flow yield
13.33%

Profitability & efficiency

Return on equity
21.17%
Return on assets
13.11%
Return on invested capital
13.68%

Financial health

Current ratio
2.11×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%46%27%8%Gross margin, FY2021: 60.06%Gross margin, FY2022: 59.47%Gross margin, FY2023: 59.59%Gross margin, FY2024: 57.29%Gross margin, FY2025: 56.99%Operating margin, FY2021: 16.09%Operating margin, FY2022: 17.55%Operating margin, FY2023: 18.94%Operating margin, FY2024: 19.18%Operating margin, FY2025: 18.03%Net margin, FY2021: 12.72%Net margin, FY2022: 12.75%Net margin, FY2023: 13.24%Net margin, FY2024: 13.57%Net margin, FY2025: 14.60%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 60.06%. Gross margin FY2022 59.47%. Gross margin FY2023 59.59%. Gross margin FY2024 57.29%. Gross margin FY2025 56.99%. Operating margin FY2021 16.09%. Operating margin FY2022 17.55%. Operating margin FY2023 18.94%. Operating margin FY2024 19.18%. Operating margin FY2025 18.03%. Net margin FY2021 12.72%. Net margin FY2022 12.75%. Net margin FY2023 13.24%. Net margin FY2024 13.57%. Net margin FY2025 14.60%.

Income trends

Revenue

26.39B CNY+1.88%

Operating income

4.76B CNY-4.21%

Net income

3.85B CNY+9.68%
Income trends across reported periods28.82B CNY19.09B CNY9.36B CNY−370.36M CNYRevenue, FY2021: 16.21B CNYRevenue, FY2022: 16.77B CNYRevenue, FY2023: 23.21B CNYRevenue, FY2024: 25.9B CNYRevenue, FY2025: 26.39B CNYOperating income, FY2021: 2.61B CNYOperating income, FY2022: 2.94B CNYOperating income, FY2023: 4.4B CNYOperating income, FY2024: 4.97B CNYOperating income, FY2025: 4.76B CNYNet income, FY2021: 2.06B CNYNet income, FY2022: 2.14B CNYNet income, FY2023: 3.07B CNYNet income, FY2024: 3.51B CNYNet income, FY2025: 3.85B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 16.21B CNY. Revenue FY2022 16.77B CNY. Revenue FY2023 23.21B CNY. Revenue FY2024 25.9B CNY. Revenue FY2025 26.39B CNY. Operating income FY2021 2.61B CNY. Operating income FY2022 2.94B CNY. Operating income FY2023 4.4B CNY. Operating income FY2024 4.97B CNY. Operating income FY2025 4.76B CNY. Net income FY2021 2.06B CNY. Net income FY2022 2.14B CNY. Net income FY2023 3.07B CNY. Net income FY2024 3.51B CNY. Net income FY2025 3.85B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue26.39B CNY25.9B CNY23.21B CNY16.77B CNY16.21B CNY
Cost of goods sold11.35B CNY11.06B CNY9.38B CNY6.8B CNY6.48B CNY
Gross profit15.04B CNY14.84B CNY13.83B CNY9.98B CNY9.74B CNY
Selling, general, and administrative10.28B CNY10.18B CNY9.56B CNY7.33B CNY7.37B CNY
Operating expenses10.28B CNY9.87B CNY9.44B CNY7.05B CNY7.02B CNY
Interest income203.59M CNY231.81M CNY203.08M CNY40.37M CNY44.2M CNY
Interest expense104.29M CNY145.35M CNY193.4M CNY186.06M CNY169.19M CNY
Depreciation and amortization1.23B CNY1.23B CNY1.22B CNY949.43M CNY892.79M CNY
Operating income4.76B CNY4.97B CNY4.4B CNY2.94B CNY2.61B CNY
Net income3.85B CNY3.51B CNY3.07B CNY2.14B CNY2.06B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
5 beats, 4 misses, 1 met estimate
Average EPS surprise
-3.69%
10 comparable reports
Latest EPS result
0.27
Estimate 0.26 · Beat by 4.32%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.230.150.07Q2 '23MetQ4 '23BeatQ2 '24BeatQ4 '24BeatQ2 '25BeatQ4 '25MissQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Jun 28, 2023: actual 0.149, estimate 0.149, surprise 0.00%, Met estimate. Q4 2023, reported Nov 27, 2023: actual 0.091, estimate 0.086, surprise +5.88%, Beat. Q2 2024, reported Jun 26, 2024: actual 0.211, estimate 0.195, surprise +8.30%, Beat. Q4 2024, reported Nov 28, 2024: actual 0.115, estimate 0.111, surprise +3.43%, Beat. Q2 2025, reported Jun 26, 2025: actual 0.225, estimate 0.214, surprise +5.04%, Beat. Q4 2025, reported Nov 27, 2025: actual 0.113, estimate 0.12, surprise -5.90%, Miss. Q2 2026, reported Jun 25, 2026: actual 0.273, estimate 0.261, surprise +4.32%, Beat. Q4 2026, reported Nov 26, 2026: actual —, estimate 0.117, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates22.01B16.82B11.63B6.44BQ2 '23MissQ4 '23BeatQ2 '24BeatQ4 '24BeatQ2 '25BeatQ4 '25BeatQ2 '26BeatQ4 '26Estimate
Q2 2023, reported Jun 28, 2023: actual 12.11B HKD, estimate 20.91B HKD, surprise -42.08%, Miss. Q4 2023, reported Nov 27, 2023: actual 7.99B HKD, estimate 7.51B HKD, surprise +6.36%, Beat. Q2 2024, reported Jun 26, 2024: actual 17.06B HKD, estimate 15.59B HKD, surprise +9.41%, Beat. Q4 2024, reported Nov 28, 2024: actual 9.76B HKD, estimate 9.41B HKD, surprise +3.75%, Beat. Q2 2025, reported Jun 26, 2025: actual 18.33B HKD, estimate 17.9B HKD, surprise +2.40%, Beat. Q4 2025, reported Nov 27, 2025: actual 9.76B HKD, estimate 9.64B HKD, surprise +1.29%, Beat. Q2 2026, reported Jun 25, 2026: actual 20.94B HKD, estimate 20.55B HKD, surprise +1.87%, Beat. Q4 2026, reported Nov 26, 2026: actual —, estimate 11.07B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.283

2025 complete year+95.2% since 2021

2026 partial: HK$0.25

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 24, 2026

HK$0.25

Semi-Annual

Record Aug 25, 2026 · Payment Sep 15, 2026

Dividend

Ex-dividend Dec 16, 2025

HK$0.063

Semi-Annual

Record Dec 17, 2025 · Payment Jan 12, 2026

Dividend

Ex-dividend Aug 22, 2025

HK$0.22

Semi-Annual

Record Aug 25, 2025 · Payment Sep 12, 2025

Dividend

Ex-dividend Dec 16, 2024

HK$0.06

Semi-Annual

Record Dec 17, 2024 · Payment Jan 13, 2025

Dividend

Ex-dividend Aug 22, 2024

HK$0.20

Semi-Annual

Record Aug 23, 2024 · Payment Sep 13, 2024

Dividend

Ex-dividend Dec 15, 2023

HK$0.05

Semi-Annual

Record Dec 18, 2023 · Payment Jan 11, 2024

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