Risk factor
Meaningful price volatility
Profitability factor
Greatly undervalued vs peers
About
Jinhong Fashion Group Co.,Ltd. specializes in the design, manufacturing, and sale of women's clothing. Its extensive product range features various woven garments, such as dresses, trousers, blazers, blouses, overcoats, skirts, padded outerwear, down jackets, and windcheaters. Additionally, the company produces knitwear, including cardigans, knitted dresses, and pullovers. Beyond apparel, Jinhong offers a selection of accessories like handbags, adornments, and neckwear. Its inventory further extends to footwear, headwear, and items crafted from synthetic leather and faux fur. All these fashion products and accessories are marketed under the company's proprietary V-Grass brand. The Group's commercial activities span across Taiwan, Hong Kong, Macau, and mainland China. Founded in 2003, the enterprise is headquartered in Nanjing, China. It was formerly registered as V-Grass Fashion Co.,Ltd. before adopting its current name, Jinhong Fashion Group Co.,Ltd., in June 2019.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT
Target Price
The average target price of 603518.SS is 11.8 and suggests 50.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to