Added to YB: 2024-01-30
Pitch date: 2024-01-30
3306.HK [bullish]
JNBY Design Limited
+146.95%
current return
Author Info
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Company Info
JNBY Design Limited, together with its subsidiaries, engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.
Market Cap
HKD 7.1B
Pitch Price
HKD 8.11
Price Target
N/A
Dividend
8.93%
EV/EBITDA
3.66
P/E
8.14
EV/Sales
1.11
Sector
Textiles, Apparel and Luxury Goods
Category
dividend
JNBY (3306.HK)
JNBY (3306.HK): Niche Chinese fashion brand w/ 2000 stores. 9.5% div yield, 7x P/E, 3.7x EV/EBITDA despite 30%+ ROE. Priced for death but a cash machine benefiting from patriotic winds & Covid immunity. Could double & still be cheap at $670M MCap.
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