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Topsports International Holdings Limited (6110.HK)

Industry: Apparel - Retail Sector: Consumer Cyclical Currency Used: HK Live Price: $2.81

Enterprise Value

Metric20242023202220212020201920182017
Stock Price
3.69
5.98
5.99
9.22
8.28
8.16
7.76
8.00
Market Capitalization
22,904.79M
37,052.39M
37,136.98M
57,201.32M
50,488.89M
43,001.34M
44,381.31M
49,568.77M
(-) Cash & Equivalents
2,397.80M
2,357.40M
1,714.60M
1,148.40M
2,544.85M
641.00M
231.80M
337.15M
(+) Total Debt
2,829.45M
4,207.10M
4,369.00M
4,467.60M
6,161.90M
7,799.45M
1,442.30M
926.40M
Enterprise Value
23,336.44M
38,902.09M
39,791.38M
60,520.52M
54,105.94M
50,159.79M
45,591.81M
50,158.02M

Income Statement

MetricTTMTTM-12025-02-282024-02-282023-02-282022-02-282021-02-282020-02-282019-02-282018-02-282017-02-28
Revenue
55,946M
58,950M
27,013M
28,933M
27,073M
31,877M
36,009M
33,690M
32,564M
26,550M
21,690M
Cost of Revenue
33,482M
33,841M
16,630M
16,852M
15,789M
18,052M
21,328M
19,503M
18,957M
15,512M
12,312M
Gross Profit
22,464M
25,109M
10,383M
12,081M
11,284M
13,824M
14,681M
14,188M
13,607M
11,038M
9,378M
Gross Profit Margin
40.2%
42.6%
38.4%
41.8%
41.7%
43.4%
40.8%
42.1%
41.8%
41.6%
43.2%
R&D Expenses
0M
0M
0M
0M
0M
0M
0M
0M
0M
0M
0M
SG&A Expenses
18,021M
19,668M
8,820M
9,471M
9,074M
10,683M
10,909M
11,057M
10,574M
7,521M
6,266M
Operating Expenses
18,085M
19,214M
8,791M
9,294M
8,855M
10,359M
10,692M
10,866M
10,371M
8,789M
7,441M
Operating Income (EBIT)
4,379M
5,895M
1,593M
2,787M
2,430M
3,465M
3,989M
3,322M
3,237M
2,250M
1,938M
Operating Income Margin
7.8%
10.0%
5.9%
9.6%
9.0%
10.9%
11.1%
9.9%
9.9%
8.5%
8.9%
Interest Income
27M
246M
85M
120M
104M
79M
141M
55M
20M
11M
41M
Interest Expense
42M
123M
118M
147M
211M
218M
279M
272M
211M
147M
90M
Net Interest Income
-15M
123M
-33M
-27M
-107M
-139M
-139M
-217M
-191M
-136M
-48M
Unusual Items
-46M
-369M
0M
0M
0M
0M
0M
-19M
0M
0M
3M
EBT Excluding Unusual Items
4,364M
6,018M
1,560M
2,759M
2,322M
3,326M
3,851M
3,105M
3,045M
2,114M
1,889M
Pre-Tax Income
4,319M
5,649M
1,560M
2,759M
2,322M
3,326M
3,851M
3,086M
3,045M
2,114M
1,892M
Pre-Tax Margin
7.7%
9.6%
5.8%
9.5%
8.6%
10.4%
10.7%
9.2%
9.4%
8.0%
8.7%
Income Tax Expense
823M
1,365M
275M
548M
486M
880M
1,081M
783M
846M
678M
575M
Net Income
3,499M
4,283M
1,286M
2,213M
1,837M
2,447M
2,770M
2,303M
2,200M
1,436M
1,317M
Net Income Margin
6.3%
7.3%
4.8%
7.6%
6.8%
7.7%
7.7%
6.8%
6.8%
5.4%
6.1%
Depreciation & Amortization
976M
1,332M
1,460M
1,672M
2,216M
2,528M
2,632M
2,509M
692M
1,594M
1,065M
EBITDA
5,355M
7,226M
3,053M
4,458M
4,645M
5,993M
6,621M
5,831M
3,928M
3,844M
3,003M
EBITDA Margin
9.6%
12.3%
11.3%
15.4%
17.2%
18.8%
18.4%
17.3%
12.1%
14.5%
13.8%
NOPAT
3,545M
4,470M
1,312M
2,233M
1,921M
2,549M
2,870M
2,479M
2,338M
1,528M
1,349M
NOPAT Margin
6.3%
7.6%
4.9%
7.7%
7.1%
8.0%
8.0%
7.4%
7.2%
5.8%
6.2%
Owner's Earnings
3,705M
4,541M
2,374M
3,488M
3,695M
4,258M
4,759M
4,101M
1,974M
2,267M
1,773M
Owner's Earnings Margin
6.6%
7.7%
8.8%
12.1%
13.6%
13.4%
13.2%
12.2%
6.1%
8.5%
8.2%
EPS (Basic)
0.57
0.68
0.21
0.36
0.30
0.39
0.45
0.41
0.42
0.23
0.21
EPS (Diluted)
0.56
0.69
0.21
0.36
0.30
0.39
0.45
0.37
0.42
0.23
0.21
Shares (Basic)
6,201M
6,201M
6,201M
6,201M
6,201M
6,201M
6,201M
5,634M
5,271M
6,201M
6,201M
Shares (Diluted)
6,201M
6,201M
6,201M
6,201M
6,201M
6,201M
6,201M
6,201M
5,271M
6,201M
6,201M

Balance Sheet

MetricMRQMRQ-12025-02-282024-02-282023-02-282022-02-282021-02-282020-02-282019-02-282018-02-282017-02-28
Cash & Cash Equivalents
2,587.40M
2,839.60M
2,587.40M
1,956.00M
2,357.40M
1,752.60M
1,228.80M
2,823.90M
650.50M
463.60M
674.30M
Short-Term Investments
0.00M
0.00M
0.00M
0.00M
20.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Cash & Short-Term Investments
2,587.40M
2,839.60M
2,587.40M
1,956.00M
2,377.40M
1,752.60M
1,228.80M
2,823.90M
650.50M
463.60M
674.30M
Net Receivables
915.20M
949.40M
915.20M
1,584.90M
1,054.90M
1,106.90M
2,177.30M
1,486.70M
2,517.80M
2,633.30M
1,858.90M
Inventory
6,004.00M
6,119.90M
6,004.00M
6,283.80M
6,247.30M
6,686.20M
6,211.30M
6,649.00M
6,138.70M
4,616.80M
4,154.10M
Other Current Assets
1,150.90M
1,014.30M
1,150.90M
317.60M
2,421.70M
1,434.50M
822.90M
4,416.70M
853.90M
1,626.40M
1,139.20M
Total Current Assets
10,657.50M
10,923.20M
10,657.50M
10,142.30M
12,101.30M
10,980.20M
10,440.30M
15,376.30M
10,160.90M
9,340.10M
7,826.50M
Property, Plant & Equipment
2,359.90M
2,401.90M
2,359.90M
2,460.10M
3,157.80M
4,108.80M
4,644.10M
5,062.60M
4,567.40M
3,639.40M
2,997.70M
Goodwill
1,005.50M
1,005.50M
1,005.50M
1,005.50M
1,002.40M
1,002.40M
1,002.40M
1,002.40M
1,002.40M
1,002.40M
1,002.40M
Intangible Assets
40.30M
48.90M
40.30M
53.90M
71.00M
90.50M
87.20M
100.90M
142.40M
74.10M
109.70M
Long-Term Investments
45.90M
45.90M
45.90M
0.00M
3,992.30M
4,896.70M
5,467.70M
-237.50M
0.00M
0.00M
0.00M
Tax Assets
257.20M
0.00M
257.20M
0.00M
238.90M
305.00M
266.00M
237.50M
0.00M
118.50M
86.30M
Other Non-Current Assets
207.30M
490.20M
207.30M
465.40M
-4,231.20M
-5,201.70M
-5,733.70M
493.00M
343.30M
178.30M
158.90M
Other Assets
0.00M
0.00M
0.00M
0.00M
488.20M
1,614.40M
1,532.40M
0.00M
0.00M
0.00M
0.00M
Total Non-Current Assets
3,916.10M
3,992.40M
3,916.10M
3,984.90M
4,719.40M
6,816.10M
7,266.10M
6,658.90M
6,055.50M
5,012.70M
4,355.00M
Total Assets
14,573.60M
14,915.60M
14,573.60M
14,127.20M
16,820.70M
17,796.30M
17,706.40M
22,035.20M
16,216.40M
14,352.80M
12,181.50M
Accounts Payable
343.40M
846.80M
343.40M
387.10M
991.00M
926.70M
445.40M
1,105.50M
642.00M
390.70M
336.50M
Short-Term Debt
2,130.00M
950.00M
2,130.00M
720.10M
1,545.00M
518.20M
1,337.20M
2,400.00M
4,860.20M
400.00M
0.00M
Tax Payables
386.90M
0.00M
386.90M
347.70M
360.10M
696.50M
1,184.80M
1,164.30M
0.00M
839.30M
653.80M
Deferred Revenue
0.00M
0.00M
0.00M
0.00M
-2,725.70M
-1,604.40M
-2,657.10M
-1,344.70M
0.00M
0.00M
0.00M
Other Current Liabilities
562.10M
1,329.40M
562.10M
884.90M
1,113.60M
2,341.40M
1,525.40M
3,395.90M
4,763.90M
6,654.00M
4,551.00M
Total Current Liabilities
3,422.40M
3,126.20M
3,422.40M
2,339.80M
1,284.00M
2,878.40M
1,835.70M
6,721.00M
10,266.10M
8,284.00M
5,541.30M
Long-Term Debt
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Capital Lease Obligations
1,934.90M
2,000.70M
1,934.90M
1,988.10M
2,662.10M
3,056.40M
3,649.10M
3,864.60M
3,300.90M
2,484.60M
1,852.80M
Deferred Tax Liabilities
226.00M
0.00M
226.00M
0.00M
237.40M
372.10M
245.60M
73.20M
0.00M
18.50M
27.40M
Other Non-Current Liabilities
0.00M
282.40M
0.00M
249.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Total Non-Current Liabilities
2,160.90M
2,283.10M
2,160.90M
2,237.10M
2,899.50M
3,428.50M
3,894.70M
3,937.80M
3,300.90M
2,503.10M
1,880.20M
Total Liabilities
5,583.30M
5,409.30M
5,583.30M
4,576.90M
4,183.50M
6,306.90M
5,730.40M
10,658.80M
13,567.00M
10,787.10M
7,421.50M
Preferred Stock
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Common Stock
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Retained Earnings
7,172.30M
8,486.20M
7,172.30M
8,044.00M
8,872.20M
7,841.80M
5,395.30M
1,949.60M
1,065.90M
2,415.70M
3,312.70M
Accumulated OCI
0.00M
-18,307.50M
0.00M
-18,329.90M
-18,364.70M
-18,446.80M
-18,426.30M
-18,477.70M
-18,437.10M
841.00M
1,172.80M
Minority Interest
0.20M
1.50M
0.20M
1.50M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Total Shareholders’ Equity
7,172.30M
-9,821.30M
7,172.30M
-10,285.90M
-9,492.50M
-10,605.00M
-13,031.00M
-16,528.10M
-17,371.20M
3,256.70M
4,485.50M
Total Equity
7,172.50M
-9,819.80M
7,172.50M
-10,284.40M
-9,492.50M
-10,605.00M
-13,031.00M
-16,528.10M
-17,371.20M
3,256.70M
4,485.50M
Total Liabilities & Equity
12,755.80M
-4,410.50M
12,755.80M
-5,707.50M
-5,309.00M
-4,298.10M
-7,300.60M
-5,869.30M
-3,804.20M
14,043.80M
11,907.00M
Tangible Assets
13,527.80M
13,861.20M
13,527.80M
13,067.80M
15,747.30M
16,703.40M
16,616.80M
20,931.90M
15,071.60M
13,276.30M
11,069.40M
Tangible Equity
6,126.70M
-10,874.20M
6,126.70M
-11,343.80M
-10,565.90M
-11,697.90M
-14,120.60M
-17,631.40M
-18,516.00M
2,180.20M
3,373.40M
Tangible Book Value
6,126.70M
-10,874.20M
6,126.70M
-11,343.80M
-10,565.90M
-11,697.90M
-14,120.60M
-17,631.40M
-18,516.00M
2,180.20M
3,373.40M
Total Investments
45.90M
45.90M
45.90M
0.00M
4,012.30M
4,896.70M
5,467.70M
-237.50M
0.00M
0.00M
0.00M
Net Debt
-457.40M
-1,889.60M
-457.40M
-1,235.90M
-812.40M
-1,234.40M
108.40M
-423.90M
4,209.70M
-63.60M
-674.30M

Capital Metrics

MetricMRQMRQ-12025-02-282024-02-282023-02-282022-02-282021-02-282020-02-282019-02-282018-02-282017-02-28
Working Capital
6,490.3M
7,037.9M
6,490.3M
7,212.6M
6,833.0M
6,107.7M
5,014.5M
6,477.2M
-1,678.3M
573.8M
1,914.6M
Total Capital
13,123.7M
12,455.5M
13,123.7M
12,557.1M
14,040.7M
14,156.1M
14,692.1M
16,807.6M
9,110.1M
6,666.0M
6,747.0M
Capital Employed
10,406.4M
11,030.3M
10,406.4M
11,197.5M
11,552.4M
12,923.8M
12,280.6M
13,136.1M
4,377.2M
5,586.5M
6,269.6M
Invested Capital
10,536.3M
9,615.9M
10,536.3M
10,601.1M
11,683.3M
12,403.5M
13,463.3M
13,983.7M
8,459.6M
6,202.4M
6,072.7M

Cash Flow Statement

MetricTTMTTM-12025-02-282024-02-282023-02-282022-02-282021-02-282020-02-282019-02-282018-02-282017-02-28
Net Income
3,499.00M
4,283.10M
1,559.60M
2,213.00M
1,836.60M
2,446.50M
2,770.10M
3,086.10M
2,199.80M
2,113.80M
1,892.00M
Depreciation & Amortization
3,132.20M
4,743.80M
1,460.40M
1,671.80M
2,215.70M
2,528.10M
2,632.00M
2,509.20M
2,071.00M
1,594.10M
1,065.30M
Deferred Income Tax
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
-561.70M
-608.10M
Stock-Based Compensation
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
347.40M
193.80M
Change in Working Capital
-263.10M
543.60M
845.50M
-866.90M
473.60M
557.00M
-299.60M
1,055.80M
-1,497.50M
-952.80M
-762.60M
Accounts Receivable
-273.50M
1,131.10M
576.10M
-273.50M
50.50M
1,080.60M
-716.20M
1,012.00M
81.80M
-774.40M
215.60M
Inventory
-72.70M
-100.50M
232.60M
-72.70M
423.10M
-523.60M
416.60M
-527.80M
-1,406.20M
-462.70M
-1,320.40M
Accounts Payable
0.00M
0.00M
0.00M
0.00M
17.00M
470.00M
9.10M
0.00M
0.00M
774.40M
-215.60M
Other Working Capital
83.10M
-487.00M
36.80M
-520.70M
-17.00M
-470.00M
-9.10M
86.70M
-173.10M
-490.10M
342.20M
Other Non-Cash Items
516.20M
469.70M
-110.20M
111.10M
-175.20M
157.90M
-397.00M
226.30M
372.90M
136.00M
48.20M
Net Cash from Operating Activities
6,884.30M
10,040.20M
3,755.30M
3,129.00M
4,350.70M
5,689.50M
4,705.50M
6,447.80M
3,146.20M
2,676.80M
1,828.60M
Capital Expenditures (PPE)
-769.70M
-1,073.40M
-372.80M
-396.90M
-357.00M
-716.40M
-643.10M
-711.90M
-917.90M
-763.20M
-609.70M
Acquisitions (Net)
-2.50M
0.00M
0.00M
-2.50M
20.00M
0.00M
-0.50M
-21.40M
-94.30M
0.00M
0.00M
Purchases of Investments
0.00M
0.00M
0.00M
-45.90M
-571.00M
-1,000.00M
-460.00M
0.00M
0.00M
0.00M
-860.00M
Sales / Maturities of Investments
0.00M
0.00M
0.00M
20.00M
551.00M
1,000.00M
460.00M
0.00M
0.00M
0.00M
2,557.80M
Other Investing Activities
276.60M
96.50M
75.30M
227.20M
51.40M
45.10M
2,741.30M
-3,594.70M
29.70M
21.20M
46.40M
Net Cash from Investing Activities
-495.60M
-976.90M
-297.50M
-198.10M
-305.60M
-671.30M
2,097.70M
-4,296.80M
-982.50M
-742.00M
1,134.50M
Net Debt Issuance
-1,377.00M
-1,791.20M
1,409.90M
-1,421.60M
1,024.00M
-2,117.20M
-1,062.80M
1,300.00M
-1,535.10M
-1,195.70M
-759.20M
Long-Term Debt Issuance
-1,377.00M
-1,791.20M
0.00M
-596.70M
0.00M
-804.50M
-62.80M
-1,895.40M
1,100.00M
-1,195.70M
-759.20M
Short-Term Debt Issuance
0.00M
0.00M
1,409.90M
-824.90M
1,024.00M
-1,312.70M
-1,000.00M
1,300.00M
-2,635.10M
0.00M
0.00M
Net Stock Issuance
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
7,075.50M
0.00M
0.00M
0.00M
Common Stock Issuance
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
7,075.50M
0.00M
0.00M
0.00M
Common Stock Repurchased
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Preferred Stock Issuance
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
0.00M
Net Dividends Paid
-4,341.00M
-4,216.90M
-2,108.50M
-2,232.50M
-2,666.60M
-1,550.30M
-3,658.70M
-744.10M
0.00M
-2,217.00M
-1,614.90M
Common Dividends Paid
-2,666.70M
-2,790.60M
-2,108.50M
-1,302.30M
-2,666.60M
-1,550.30M
-1,178.20M
-744.10M
-574.30M
-2,217.00M
-1,614.90M
Preferred Dividends Paid
-1,674.30M
-1,426.30M
0.00M
-930.20M
0.00M
0.00M
-2,480.50M
0.00M
0.00M
0.00M
0.00M
Other Financing Activities
-440.70M
-1,926.60M
-2,127.80M
321.80M
-1,797.70M
-826.90M
-3,676.80M
-7,355.60M
332.60M
867.20M
-398.80M
Net Cash from Financing Activities
-6,158.70M
-7,934.70M
-2,826.40M
-3,332.30M
-3,440.30M
-4,494.40M
-8,398.30M
275.80M
-1,776.80M
-2,545.50M
-2,772.90M
Effect of FX on Cash
2,357.40M
-1,209.00M
0.00M
0.00M
0.00M
0.00M
0.00M
-53.40M
0.00M
0.00M
0.00M
Net Change in Cash
1,956.00M
602.30M
631.40M
-401.40M
604.80M
523.80M
-1,595.10M
2,373.40M
386.90M
-610.70M
190.20M
Cash at Beginning of Period
5,987.80M
2,825.00M
1,956.00M
2,357.40M
1,752.60M
1,228.80M
2,823.90M
450.50M
63.60M
674.30M
484.10M
Cash at End of Period
7,943.80M
3,427.30M
2,587.40M
1,956.00M
2,357.40M
1,752.60M
1,228.80M
2,823.90M
450.50M
63.60M
674.30M
Operating Cash Flow
6,884.30M
10,040.20M
3,755.30M
3,129.00M
4,350.70M
5,689.50M
4,705.50M
6,447.80M
3,146.20M
2,676.80M
1,828.60M
Capital Expenditure
-769.70M
-1,073.40M
-372.80M
-396.90M
-357.00M
-716.40M
-643.10M
-711.90M
-917.90M
-763.20M
-609.70M
Free Cash Flow
6,114.60M
8,966.80M
3,382.50M
2,732.10M
3,993.70M
4,973.10M
4,062.40M
5,735.90M
2,228.30M
1,913.60M
1,218.90M

Free Cash Flow

MetricTTMTTM-12025-02-282024-02-282023-02-282022-02-282021-02-282020-02-282019-02-282018-02-282017-02-28
EBITDA
5,418.50M
6,772.50M
3,023.80M
4,281.20M
4,426.20M
5,669.90M
6,404.30M
5,640.10M
3,724.50M
5,111.40M
4,177.80M
(-) Tax Adjustment
1,032.31M
1,637.10M
532.98M
850.13M
925.87M
1,499.43M
1,797.32M
1,430.45M
1,034.07M
1,638.99M
1,269.02M
(-) Change In Working Capital
-263.10M
543.60M
845.50M
-866.90M
473.60M
557.00M
-299.60M
1,055.80M
-1,497.50M
-952.80M
-762.60M
(-) Capital Expenditure
-769.70M
-1,073.40M
-372.80M
-396.90M
-357.00M
-716.40M
-643.10M
-711.90M
-917.90M
-763.20M
-609.70M
Unlevered Free Cash Flow
3,879.59M
3,518.40M
1,272.52M
3,901.07M
2,669.73M
2,897.07M
4,263.48M
2,441.95M
3,270.03M
3,662.01M
3,061.68M
(-) Net Interest Income After Taxes
-12.02M
93.31M
-27.27M
-21.96M
-84.78M
-102.17M
-99.70M
-161.81M
-138.12M
-92.39M
-33.56M
Net Debt Issuance
-1,377.00M
-1,791.20M
1,409.90M
-1,421.60M
1,024.00M
-2,117.20M
-1,062.80M
1,300.00M
-1,535.10M
-1,195.70M
-759.20M
Levered Free Cash Flow
2,514.61M
1,633.89M
2,709.68M
2,501.43M
3,778.50M
882.04M
3,300.38M
3,903.77M
1,873.04M
2,558.70M
2,336.04M