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Chinese high-end menswear maker selling under the Biemlfdlkk premium suit and business-formal brand.
Chinese high-end menswear maker selling under the Biemlfdlkk premium suit and business-formal brand.
Sells branded menswear through a mix of stores it runs itself and franchised ones, with golf and leisure clothing a big part of the range. Pricing power rests on the brand image rather than on manufacturing.
In one line: A Chinese premium menswear brand, like a domestic Hugo Boss.
Moat: narrow (brand). Established premium-positioning brand in China's formal menswear niche.
Headquarters: Fuzhou, Fujian, China · Employees: 4,471
Size BIEM.L.FDLKK Garment (002832.SZ) is a China Consumer Discretionary company (Apparel/Footwear) with a market value of $2.46B, the 1044th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥28.73 on 6 Nov 2026.
Performance Over six months the shares gained 42.0%, against +0.7% for the median peer and -16.4% for the China market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 23.4% over the last twelve months (peer median +2.0%); the operating margin is 15.0% (peer median 8.9%).
Valuation It trades at 20.4× forward earnings against a peer median of 13.7× (3rd most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 14.8 points above its cost of capital (6.6% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥5.19B | CN¥4.28B | CN¥3.98B | CN¥3.51B | CN¥2.86B |
| Revenue growth | — | +8% | +13% | +23% | — |
| Gross profit | CN¥4.32B | CN¥3.14B | CN¥2.75B | CN¥2.47B | CN¥1.95B |
| EBITDA | n/a | CN¥1.13B | CN¥1.33B | CN¥1.35B | CN¥1.11B |
| Net income | CN¥678M | CN¥551M | CN¥781M | CN¥911M | CN¥728M |
| Free cash flow | CN¥743M | CN¥118M | CN¥273M | CN¥424M | CN¥484M |
| Capital expenditure | CN¥395M | CN¥612M | CN¥557M | CN¥899M | CN¥499M |
| Total debt | CN¥884M | CN¥876M | CN¥828M | CN¥512M | CN¥389M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| BIEM.L.FDLKK Garment 002832.SZ | $2.46B | +42% | +23% | 15% | 20.4× | 0.0% |
| HLA 600398.SS | $4.47B | -6% | +7% | 11% | 14.3× | -13.1% |
| Youngor Fashion 600177.SS | $5.69B | +10% | -5% | -3% | 12.8× | 23.3% |
| Fujian Septwolves Industry 002029.SZ | $873M | -20% | +1% | -3% | 20.2× | 4.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002832.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.7% | +5.1% | 9th highest of 21 |
| 6-month return | +42.0% | +0.7% | 2nd highest of 21 |
| Distance from 52-week high | -1.4% | -22.6% | 2nd highest of 21 |
| Revenue growth (TTM) | +23.4% | +2.0% | 2nd highest of 21 |
| Operating margin | 15.0% | 8.9% | 4th highest of 21 |
| Forward P/E | 20.4× | 13.7× | 3rd most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 0.0% | -1.4% | 9th least demanding of 17 |
| Growth delivered (Del g) | +13.3% | +6.2% | 4th highest of 17 |
| Hurdle (Req g minus delivered) | -13.3 pp | -8.9 pp | 6th least demanding of 17 |
| ROIC minus cost of capital | +14.8 pp | +4.5 pp | 6th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| BIEM.L.FDLKK Garment 002832.SZ | China | $2.46B | +42% | +23% | 15% | 20.4× | 0.0% | +13.3% |
| Zhejiang Semir Garment 002563.SZ | China | $2.42B | -1% | +4% | 7% | 14.8× | -8.1% | -0.1% |
| Pou Chen 9904.TW | Taiwan | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% | +0.1% |
| Youngone 111770.KS | South Korea | $2.27B | -13% | +15% | 14% | 5.5× | n/a | n/a |
| Under Armour UA | United States | $2.23B | -19% | -3% | 1% | 83.9× | n/a | n/a |
| Yue Yuen Industrial (Holdings) 0551.HK | Hong Kong | $2.75B | -7% | -3% | 3% | 13.6× | 2.4% | -0.9% |
| Star Shine 1440.HK | Hong Kong | $2.85B | +34% | -33% | -3% | n/a | n/a | n/a |
| Eclat Textile 1476.TW | Taiwan | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% | +6.2% |
| Mizuno 8022.T | Japan | $2.10B | +27% | +10% | 9% | 15.9× | 4.9% | +11.5% |
| Steven Madden SHOO | United States | $2.89B | -3% | +18% | 9% | 17.5× | 5.9% | +16.1% |
| Hugo Boss BOSS.DE | Germany | $2.90B | +8% | -5% | 8% | 15.4× | -6.6% | +17.0% |
| Feng Tay Enterprise 9910.TW | Taiwan | $2.08B | 0% | -4% | 7% | 15.0× | -5.9% | +3.9% |
| Crystal International 2232.HK | Hong Kong | $2.92B | +23% | +4% | 10% | 11.4× | -5.3% | +6.0% |
| Goldwin 8111.T | Japan | $1.93B | -1% | +4% | 18% | 12.7× | -6.3% | +8.7% |
| Vestis VSTS | United States | $1.88B | +54% | 0% | 4% | 20.0× | 15.8% | +1.3% |
| FIGS FIGS | United States | $3.29B | +37% | +25% | 10% | 54.0× | 25.5% | +19.1% |
| F&F 383220.KS | South Korea | $1.80B | -3% | +7% | 25% | 5.1× | n/a | n/a |
| Wolverine World Wide WWW | United States | $1.75B | +28% | +7% | 9% | 12.1× | 9.1% | +0.9% |
| Columbia Sportswear COLM | United States | $3.61B | +12% | 0% | 8% | 16.2× | 4.6% | +6.3% |
| Makalot Industrial 1477.TW | Taiwan | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% | +6.7% |
| Misto 081660.KS | South Korea | $1.51B | -5% | +8% | 13% | 6.4× | -13.9% | +7.4% |