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Employees: 103
Size ZXZN Qi-House (8395.HK) is a Hong Kong Consumer Discretionary company (Specialty Stores) with a market value of $408M, the 816th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.80 on 6 Nov 2026.
Performance Over six months the shares gained 168.7%, against +6.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — highest of 19 in its peer set.
Growth Revenue grew 40.9% over the last twelve months (peer median +6.4%); the operating margin is -7.3% (peer median 3.1%).
Valuation It trades at 23.0× enterprise value to sales against a peer median of 0.8× (most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 58% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +55 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 23.4 points below its cost of capital (5.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$140M | HK$140M | HK$99.2M | HK$61.7M | HK$78.2M |
| Revenue growth | — | +41% | +61% | -21% | — |
| Gross profit | HK$42.9M | HK$34.8M | HK$58.6M | HK$28.1M | HK$41.4M |
| EBITDA | n/a | -HK$1.91M | HK$21.9M | -HK$5.46M | HK$8.02M |
| Net income | -HK$8.93M | -HK$8.93M | HK$11.0M | -HK$17.3M | -HK$10.0M |
| Free cash flow | n/a | HK$7.85M | HK$2.29M | -HK$1.09M | -HK$2.88M |
| Capital expenditure | n/a | HK$604,000 | HK$54,000 | HK$1.00M | HK$522,000 |
| Total debt | n/a | HK$18.9M | HK$22.8M | HK$32.8M | HK$19.3M |
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.
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 | 8395.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.4% | +1.6% | 7th lowest of 21 |
| 6-month return | +168.7% | +6.7% | highest of 19 |
| Distance from 52-week high | -30.8% | -20.1% | 8th lowest of 21 |
| Revenue growth (TTM) | +40.9% | +6.4% | highest of 20 |
| Operating margin | -7.3% | 3.1% | 2nd lowest of 20 |
| EV / Sales | 23.0× | 0.8× | most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 57.6% | -1.6% | most demanding of 14 |
| Growth delivered (Del g) | +3.0% | +8.6% | 3rd lowest of 13 |
| Hurdle (Req g minus delivered) | +54.6 pp | -2.7 pp | most demanding of 13 |
| ROIC minus cost of capital | -23.4 pp | -2.1 pp | lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| ZXZN Qi-House 8395.HK | Hong Kong | $408M | +169% | +41% | -7% | 23.0× | 57.6% | +3.0% |
| Beijing Bashi Media 600386.SS | China | $415M | -17% | -27% | 1% | 1.2× | -2.9% | -2.9% |
| MCLON Jewellery 300945.SZ | China | $395M | -35% | -19% | 6% | 0.9× | n/a | n/a |
| Haverty Furniture Companies HVT | United States | $391M | +13% | +6% | 4% | 0.6× | 9.8% | +0.3% |
| Bohus BOHUS.OL | Norway | $426M | n/a | n/a | n/a | n/a | n/a | n/a |
| Card Factory CARD.L | United Kingdom | $389M | +35% | +7% | 11% | 0.8× | -1.6% | +15.4% |
| G-7 7508.T | Japan | $389M | +8% | +8% | 3% | 0.3× | -6.9% | +7.3% |
| Tokmanni TOKMAN.HE | Finland | $431M | +5% | +4% | 3% | 0.7× | 4.7% | +10.0% |
| Barnes & Noble Education BNED | United States | $436M | +20% | +5% | 3% | 0.4× | 7.6% | +3.6% |
| BHG BHG.ST | Sweden | $450M | +8% | +7% | 3% | 0.6× | 7.6% | +3.4% |
| Build-A-Bear Workshop BBW | United States | $366M | -23% | -1% | 12% | 0.9× | -4.1% | +15.7% |
| VT Holdings Co., Ltd. 7593.T | Japan | $365M | +1% | +14% | 3% | 0.3× | -4.6% | +14.3% |
| Mie Kotsu 3232.T | Japan | $364M | +9% | +10% | 9% | 1.2× | n/a | n/a |
| Star Plus Legend 6683.HK | Hong Kong | $460M | -30% | -48% | -52% | 8.0× | n/a | n/a |
| Vertu Motors VTU.L | United Kingdom | $362M | +36% | +3% | 1% | 0.1× | -4.0% | +13.7% |
| D. P. Abhushan DPABHUSHAN.NS | India | $468M | +79% | +31% | 8% | 1.0× | n/a | n/a |
| AutoCanada ACQ.TO | Canada | $468M | +26% | 0% | 2% | 0.5× | n/a | n/a |
| Camping World CWH | United States | $474M | -39% | -6% | 2% | 0.7× | 19.5% | +3.2% |
| Outlet OUTLT.OL | Norway | $481M | n/a | +12% | 15% | 2.3× | -5.1% | n/a |
| Wakefit Innovations WAKEFIT.NS | India | $484M | +4% | +17% | 6% | 3.1× | 31.0% | +22.4% |
| Daikokuya 6993.T | Japan | $344M | -32% | +26% | -2% | 4.4× | n/a | n/a |