Stock BUY Alert: XTEP International Holdings Ltd. (1368.HK)
By K.I.S.S. Investing  •  April 4, 2012


Year over year, XTEP International Holdings Ltd. has been able to grow revenues from ¥4.5B to ¥5.5B. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 59.35% to 59.25%. This was a driver that led to a bottom line growth from ¥813.7M to ¥966.4M.


Looking at the Income Statement, Xtep has been consistently growing its bottom-line together with its total sales. This set of results are Very Impressive that the fact that its major competitors e.g. China Hongxing, Eratat, Li Ning are not doing so well.

Other than this, here is a recent quarterly report: (http://cms3.todayir.com/html/client/xtep/attachment/201109221052582_en.pdf) that shown its resilience to the Europe Debt crisis and even performed fairly well despite all the turmoil going on...

Snapshot:

Total Revenue
+26% to approximately RMB 2.57 billion

Gross Profit ...
...
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By K.I.S.S. Investing
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