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Forward Fashion (International) Holdings Company Limited (2528.HK)

HKD0.88 -0.01 (-1.12%)
HK HKSE Consumer Cyclical Apparel - Retail
Address The Gateway
Tsim Sha Tsui, HK
CEO Xingyi Chen
IPO 2020-01-13
ISIN KYG3642A1085

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Description

Forward Fashion (International) Holdings Company Limited operates within the retail sector, primarily focusing on fashion apparel. Its extensive operations cover Macau, Mainland China, Hong Kong, Taiwan, and various other international markets. The company manages a portfolio of proprietary fashion brands, including UM, UM Junior, UM.IXOX, IXOX, and WF Fashion, which are sold through dedicated brand stores. Beyond clothing, its offerings have expanded to encompass footwear, cosmetics and skincare products, designer home accessories, artistic ornaments, and various other lifestyle items, distributed both through its physical retail outlets and online platforms. As of December 31, 2021, the firm maintained a significant retail footprint of 216 self-operated stores, segmented into 190 mono-brand boutiques and 26 multi-brand concept stores. Established in 2005, Forward Fashion (International) Holdings Company Limited has its corporate headquarters situated in Tsim Sha Tsui, Hong Kong.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.88 -0.01 (-1.12%)
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Volume Profile
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Liquidity & share structure
Average Volume
167.1K
Beta
0.19
Float Shares
100.00M
Free Float %
25.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+5.88% +0.00% +67.44% +125.00% +166.67% +157.14% +188.00% +102.82% -20.88% -50.68% -50.68%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.88
DCF (Unlevered) 6.87 +680.6%
DCF (Levered) 6.69 +660.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
3.11
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Retail: +6.8%
    -7.3% Q4'25: -15.1% (vs Q4'23)
  • EPS growth Apparel - Retail: +22.0%
    +173.7% Q4'25: +554.5% (vs Q4'23)
  • FCF margin FCF growth · Apparel - Retail: +16.3%
    +5.3% Q4'25: +24.7% (vs Q4'23)
  • EBIT margin Apparel - Retail: +8.8%
    +8.2% Q4'25: +11.2% (vs Q4'23)
  • ROIC Apparel - Retail: +9.9%
    +24.1% Q4'25: +69.2% (vs Q4'23)
  • Share dilution Apparel - Retail: +0.1%
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Retail: 0.27×
    1.48× Q4'25: 0.59× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.06) × ERP
WACC = 64% × Ke + 36% × Kd (8.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 6.89 Current price: 0.88
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-28 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-27 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-26 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-22 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-21 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-20 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-19 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-18 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-15 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-14 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-13 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-12 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-11 A 4/5 1/5 5/5 5/5 2/5 4/5 5/5
2026-05-08 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-05-07 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-05-06 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-05-05 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-05-04 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-30 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-29 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-28 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-24 A 4/5 1/5 5/5 5/5 1/5 5/5 5/5
2026-04-23 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-22 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-21 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-20 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-17 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5
2026-04-16 A- 4/5 1/5 5/5 5/5 1/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
198.66M
OE per share TTM
0.50
Owner's Yield
68.98%
Maintenance CapEx ratio
89.41%
Maint CapEx / Avg PPE
33.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
62.5K
Shares Outstanding
400.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Wing Ting Fan Founder & Executive Chairman of the Board 2M male
Xingyi Chen Chief Executive Officer & Executive Director 2M female
Tammy Fan Executive Director 1M female
Yat Ming Fong Executive Director 1M male
Kevin Trantallis Chief Financial Officer, Company Secretary & Executive Director 1M male
Sze Nga Fung Junior Human Resources Director 858.0K female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits