Added to YB: 2025-04-17
Pitch date: 2025-04-16
0551.HK [neutral]
Yue Yuen Industrial (Holdings) Limited
+73.05%
current return
Author Info
No bio for this author
Company Info
Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally.
Market Cap
HKD 2.4B
Pitch Price
HKD 9.60
Price Target
N/A
Dividend
11.40%
EV/EBITDA
3.86
P/E
6.04
EV/Sales
0.37
Sector
Textiles, Apparel and Luxury Goods
Category
dividend
YUE YUEN IND - $0551.HK
0551.HK (sell rating): Yue Yuen makes 1 in 5 athletic shoes globally for Nike/Adidas (255M pairs, $20/pair). Despite cheap valuation (20% earnings yield, 12% div yield), ROIC only ~5%. Diversified manufacturing (54% Indonesia, 31% Vietnam, 11% China) mitigates tariff risk, but core business struggles with growth. Bonus: 63% stake in Pou Sheng (Chinese retail).
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