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Chinese menswear and apparel brand selling suits, shirts and casualwear, historically diversified into property and investments.
Chinese menswear and apparel brand selling suits, shirts and casualwear, historically diversified into property and investments.
Sells suits and shirts through stores, with the brand carrying the price. Alongside apparel it has long run a property development arm and held investments in other listed companies, so reported earnings mix clothing retail with property and investment income, not only fashion.
In one line: China's Men's Wearhouse/Brooks Brothers.
Moat: narrow (brand, distribution). Long-established national brand and store network, but apparel is a low-differentiation category.
Headquarters: Ningbo, China · Founded: 1979 · Employees: 18,237
Size Youngor Fashion (600177.SS) is a China Consumer Discretionary company (Apparel/Footwear) with a market value of $5.69B, the 439th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.43 on 6 Nov 2026.
Performance Over six months the shares gained 9.6%, against +3.7% for the median peer and -16.4% for the China market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue fell 4.8% over the last twelve months (peer median +5.7%); the operating margin is -2.8% (peer median 13.5%).
Valuation It trades at 12.8× forward earnings against a peer median of 14.4× (6th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +23 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 27 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥12.0B | CN¥11.5B | CN¥14.0B | CN¥13.7B | CN¥14.7B |
| Revenue growth | — | -18% | +3% | -7% | — |
| Gross profit | CN¥5.64B | CN¥4.10B | CN¥4.61B | CN¥5.23B | CN¥7.39B |
| EBITDA | n/a | CN¥1.27B | CN¥1.94B | CN¥2.31B | CN¥3.91B |
| Net income | CN¥3.18B | CN¥2.45B | CN¥2.77B | CN¥3.43B | CN¥5.07B |
| Free cash flow | CN¥2.18B | CN¥2.10B | CN¥1.43B | CN¥6.35B | -CN¥1.79B |
| Capital expenditure | CN¥366M | CN¥367M | CN¥1.14B | CN¥1.56B | CN¥1.16B |
| Total debt | CN¥22.4B | CN¥21.6B | CN¥19.8B | CN¥24.2B | CN¥24.7B |
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 |
|---|---|---|---|---|---|---|
| Youngor Fashion 600177.SS | $5.69B | +10% | -5% | -3% | 12.8× | 23.3% |
| Zhejiang Semir Garment 002563.SZ | $2.42B | -1% | +4% | 7% | 14.8× | -8.1% |
| HLA 600398.SS | $4.47B | -6% | +7% | 11% | 14.3× | -13.1% |
| Fast Retailing 9983.T | $155B | +6% | +17% | 18% | 41.2× | 23.8% |
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 | 600177.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.4% | +12.5% | 4th lowest of 21 |
| 6-month return | +9.6% | +3.7% | 5th highest of 21 |
| Distance from 52-week high | -3.1% | -14.4% | highest of 21 |
| Revenue growth (TTM) | -4.8% | +5.7% | 3rd lowest of 21 |
| Operating margin | -2.8% | 13.5% | 2nd lowest of 21 |
| Forward P/E | 12.8× | 14.4× | 6th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 23.3% | 5.2% | 3rd most demanding of 20 |
| Growth delivered (Del g) | +0.1% | +11.4% | lowest of 20 |
| Hurdle (Req g minus delivered) | +23.2 pp | -7.2 pp | most demanding of 20 |
| ROIC minus cost of capital | -4.1 pp | +7.4 pp | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Youngor Fashion 600177.SS | China | $5.69B | +10% | -5% | -3% | 12.8× | 23.3% | +0.1% |
| Ermenegildo Zegna ZGN | United States | $5.96B | +7% | +11% | 9% | 31.1× | 20.3% | +11.3% |
| Burberry BRBY.L | United Kingdom | $5.38B | -4% | -2% | 7% | 28.8× | 19.1% | +0.6% |
| Li Ning 2331.HK | Hong Kong | $5.10B | -21% | +7% | 13% | 14.4× | -5.4% | +14.6% |
| Abc-mart 2670.T | Japan | $5.03B | +20% | +4% | 17% | 16.2× | -10.0% | +11.4% |
| Gildan Activewear GIL.TO | Canada | $6.48B | -40% | +40% | 15% | 6.8× | 6.5% | +13.7% |
| Brunello Cucinelli BC.MI | Italy | $6.61B | +4% | +10% | 18% | 37.8× | 20.6% | +20.9% |
| Birkenstock BIRK | United States | $6.64B | -5% | +20% | 24% | 13.9× | 7.4% | +19.9% |
| Bosideng International 3998.HK | Hong Kong | $6.64B | +3% | +8% | 18% | 10.3× | -10.8% | +14.2% |
| Fosun International 0656.HK | Hong Kong | $4.82B | +11% | -1% | 3% | 12.9× | 10.6% | +4.1% |
| Crocs CROX | United States | $6.94B | +47% | +1% | 23% | 9.6× | 1.1% | +23.9% |
| Huali Industrial 300979.SZ | China | $7.09B | +6% | -10% | 14% | 19.7× | -4.4% | +12.4% |
| HLA 600398.SS | China | $4.47B | -6% | +7% | 11% | 14.3× | -13.1% | +3.8% |
| Puma PUM.DE | Germany | $4.42B | +4% | -19% | -6% | n/a | n/a | n/a |
| Page Industries PAGEIND.NS | India | $4.22B | -4% | +8% | 19% | 46.8× | 27.7% | +13.1% |
| Kontoor Brands KTB | United States | $4.21B | +5% | +16% | 13% | 13.2× | 1.1% | +8.5% |
| K.P.R. Mill KPRMILL.NS | India | $4.21B | +19% | +6% | 18% | 34.8× | 29.9% | +13.3% |
| PVH PVH | United States | $4.15B | +1% | +2% | 8% | 8.1× | 2.5% | +4.6% |
| V.F VFC | United States | $8.01B | +7% | -2% | 8% | 16.6× | 11.1% | +0.8% |
| Shenzhou Intl 2313.HK | Hong Kong | $8.08B | -7% | +2% | 16% | 11.8× | -4.5% | +5.4% |
| Levi Strauss & LEVI | United States | $8.77B | +1% | +5% | 13% | 14.6× | 5.2% | +7.1% |