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Xtep International Holdings LimitedSEHK:1368 Stock Report

Market Cap HK$12.0b
Share Price
HK$4.40
HK$6.39
31.2% undervalued intrinsic discount
1Y-20.4%
7D2.8%
Portfolio Value
View

Xtep International Holdings Limited

SEHK:1368 Stock Report

Market Cap: HK$12.0b

Xtep International Holdings (1368) Stock Overview

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China. More details

1368 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends3/6

1368 Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

Xtep International Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Xtep International Holdings
Historical stock prices
Current Share PriceHK$4.40
52 Week HighHK$6.83
52 Week LowHK$4.23
Beta0.57
1 Month Change-3.93%
3 Month Change-15.38%
1 Year Change-20.43%
3 Year Change-50.06%
5 Year Change-33.53%
Change since IPO15.79%

Recent News & Updates

Narrative Update May 05

1368: Future Returns Will Reflect Modest Assumptions And Premium Brand Momentum

Analysts now see only a modest adjustment in Xtep International Holdings' fair value, with the updated price target moving slightly from about HK$5.05 to around HK$5.04. This reflects small tweaks to the discount rate, revenue growth expectations and the assumed future P/E multiple.
Narrative Update Apr 21

1368: Future Returns Will Reflect Flat Core Trends And Premium Brand Momentum

Analysts now see fair value for Xtep International Holdings at HK$5.05, compared with the previous HK$5.91 view, citing updates to revenue growth, profit margin, discount rate assumptions, and a slightly higher future P/E multiple. What's in the News Xtep International Holdings reported fourth quarter 2025 operational results, with CORE XTEP brand retail sell through, including offline and online channels, described as flat year on year.
Narrative Update Apr 06

1368: Future Margin Stability And Brand Resilience Will Support Higher Confidence

Analysts have reduced their fair value estimate for Xtep International Holdings to HK$6.39 from HK$7.11. They cite updated assumptions around revenue growth, profit margins, discount rate and future P/E that point to slightly more conservative expectations for the business.

Recent updates

Narrative Update May 05

1368: Future Returns Will Reflect Modest Assumptions And Premium Brand Momentum

Analysts now see only a modest adjustment in Xtep International Holdings' fair value, with the updated price target moving slightly from about HK$5.05 to around HK$5.04. This reflects small tweaks to the discount rate, revenue growth expectations and the assumed future P/E multiple.
Narrative Update Apr 21

1368: Future Returns Will Reflect Flat Core Trends And Premium Brand Momentum

Analysts now see fair value for Xtep International Holdings at HK$5.05, compared with the previous HK$5.91 view, citing updates to revenue growth, profit margin, discount rate assumptions, and a slightly higher future P/E multiple. What's in the News Xtep International Holdings reported fourth quarter 2025 operational results, with CORE XTEP brand retail sell through, including offline and online channels, described as flat year on year.
Narrative Update Apr 06

1368: Future Margin Stability And Brand Resilience Will Support Higher Confidence

Analysts have reduced their fair value estimate for Xtep International Holdings to HK$6.39 from HK$7.11. They cite updated assumptions around revenue growth, profit margins, discount rate and future P/E that point to slightly more conservative expectations for the business.
Narrative Update Mar 23

1368: Future Margin Resilience Will Support Confidence Into Upcoming Annual Results

Analysts have adjusted their price target on Xtep International Holdings to HK$7.11, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. These updates point to a slightly different risk and earnings profile for the company.
Narrative Update Mar 09

1368: Future Margin Upside Will Support Confidence Ahead Of Annual Results

Analysts have trimmed their HK$ price target for Xtep International Holdings in light of updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Together, these factors point to a slightly more conservative outlook than before.
Narrative Update Feb 22

1368: Future Returns Will Reflect Flat Core Performance And Strong Premium Momentum

Analysts have modestly adjusted their price target for Xtep International Holdings to reflect updated fair value estimates, a slightly higher discount rate, more measured assumptions for revenue growth, and changes in projected profit margins and future P/E. Together, these factors lead to a recalibrated outlook in HK$ terms.
Narrative Update Feb 08

1368: Future Earnings Will Be Driven By Strong Saucony Retail Momentum

Analysts have slightly adjusted their price target on Xtep International Holdings, pointing to a modest uptick in estimated fair value to $10.13, based on updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News Xtep International Holdings has scheduled a board meeting for March 26, 2026 to consider and approve the audited annual results for the year ended December 31, 2025 and the potential payment of a final dividend (Key Developments).
Narrative Update Jan 25

1368: Future Returns Will Reflect Stable Core Brand And Strong Premium Segment

Analysts have raised their fair value estimate for Xtep International Holdings slightly to US$6.18 from US$6.17, citing modest adjustments to their discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Board meeting scheduled for March 26, 2026, to consider and approve audited annual results for the year ended December 31, 2025, and to consider a final dividend payment (Key Developments).
Narrative Update Jan 10

1368: Future Returns Will Reflect Optimistic Revenue Outlook And Conservative Margins

Analysts have nudged their price target on Xtep International Holdings slightly higher, reflecting small adjustments to fair value estimates, discount rate assumptions and future P/E expectations, as well as updated views on revenue growth and profit margins. Valuation Changes Fair value estimate, revised slightly from 6.10 to 6.17, reflecting minor tweaks to underlying assumptions.
Analysis Article Dec 29

Xtep International Holdings (HKG:1368) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Dec 26

1368: Future Returns Will Reflect Balanced Prospects And Fair Current Pricing

Analysts have slightly reduced their price target on Xtep International Holdings by approximately 1 percent to reflect a marginally lower fair value estimate, despite modest improvements in projected revenue growth and only minor adjustments to the discount rate, profit margin, and future price-to-earnings expectations. Valuation Changes The fair value estimate has fallen slightly from HK$6.14 to HK$6.10 per share, reflecting a marginal downward revision.
Narrative Update Dec 12

1368: Stronger Revenue Outlook Will Support Higher Long Term Returns

Analysts have raised their price target for Xtep International Holdings from approximately $5.60 to about $6.14 per share, citing stronger expected revenue growth and slightly higher long term return assumptions, despite mostly stable profit margin and valuation forecasts. Valuation Changes Fair Value has risen moderately from HK$5.60 to approximately HK$6.14 per share, reflecting a higher intrinsic value estimate.
Analysis Article Oct 30

Returns At Xtep International Holdings (HKG:1368) Are On The Way Up

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Oct 16

Xtep International Holdings Limited's (HKG:1368) Shares May Have Run Too Fast Too Soon

It's not a stretch to say that Xtep International Holdings Limited's ( HKG:1368 ) price-to-earnings (or "P/E") ratio of...
Analysis Article Sep 18

Is Xtep International Holdings (HKG:1368) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Aug 27

National Fitness Boom And Saucony's DTC Strategy Will Strengthen Future Market Position

The consensus price target for Xtep International Holdings has increased to HK$7.39, reflecting sharply higher revenue growth forecasts despite a significant decline in net profit margin. What's in the News Announced interim dividend of HKD 0.18 per share for the six months ended June 30, 2025.
Analysis Article Jul 04

Is There Now An Opportunity In Xtep International Holdings Limited (HKG:1368)?

Xtep International Holdings Limited ( HKG:1368 ), might not be a large cap stock, but it led the SEHK gainers with a...
Analysis Article Jun 18

Xtep International Holdings (HKG:1368) Is Doing The Right Things To Multiply Its Share Price

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article May 22

We Think Xtep International Holdings (HKG:1368) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 29

Xtep International Holdings (HKG:1368) Is Due To Pay A Dividend Of CN¥0.095

The board of Xtep International Holdings Limited ( HKG:1368 ) has announced that it will pay a dividend of CN¥0.095 per...
Analysis Article Apr 22

Shareholders Will Probably Hold Off On Increasing Xtep International Holdings Limited's (HKG:1368) CEO Compensation For The Time Being

Key Insights Xtep International Holdings' Annual General Meeting to take place on 28th of April Salary of CN¥4.34m is...
Analysis Article Apr 07

Xtep International Holdings (HKG:1368) Has Announced A Dividend Of CN¥0.095

Xtep International Holdings Limited ( HKG:1368 ) has announced that it will pay a dividend of CN¥0.095 per share on the...
Analysis Article Mar 25

Solid Earnings May Not Tell The Whole Story For Xtep International Holdings (HKG:1368)

The stock price didn't jump after Xtep International Holdings Limited ( HKG:1368 ) posted decent earnings last week. We...
User avatar
New Narrative Mar 23

National Fitness Boom And Saucony's DTC Strategy Will Strengthen Future Market Position

Focus on national fitness and running sports, alongside rapid growth in high-end brands, positions Xtep for sustained revenue increases and margin enhancement.
Analysis Article Mar 13

An Intrinsic Calculation For Xtep International Holdings Limited (HKG:1368) Suggests It's 33% Undervalued

Key Insights The projected fair value for Xtep International Holdings is HK$8.13 based on 2 Stage Free Cash Flow to...
Analysis Article Feb 26

Investors Met With Slowing Returns on Capital At Xtep International Holdings (HKG:1368)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article Jan 06

With EPS Growth And More, Xtep International Holdings (HKG:1368) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 25

Is It Too Late To Consider Buying Xtep International Holdings Limited (HKG:1368)?

While Xtep International Holdings Limited ( HKG:1368 ) might not have the largest market cap around , it led the SEHK...
Analysis Article Nov 29

An Intrinsic Calculation For Xtep International Holdings Limited (HKG:1368) Suggests It's 38% Undervalued

Key Insights Xtep International Holdings' estimated fair value is HK$8.51 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 18

Investors Met With Slowing Returns on Capital At Xtep International Holdings (HKG:1368)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Oct 03

Optimistic Investors Push Xtep International Holdings Limited (HKG:1368) Shares Up 35% But Growth Is Lacking

The Xtep International Holdings Limited ( HKG:1368 ) share price has done very well over the last month, posting an...
Analysis Article Sep 25

Here's Why Xtep International Holdings (HKG:1368) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 20

Xtep International Holdings (HKG:1368) Is Increasing Its Dividend To CN¥0.447

Xtep International Holdings Limited ( HKG:1368 ) will increase its dividend from last year's comparable payment on the...
Analysis Article Aug 06

Xtep International Holdings (HKG:1368) Has Announced That It Will Be Increasing Its Dividend To CN¥0.447

The board of Xtep International Holdings Limited ( HKG:1368 ) has announced that it will be paying its dividend of...
Analysis Article Jul 31

Xtep International Holdings Limited (HKG:1368) Shares Could Be 43% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Xtep International Holdings fair value estimate is HK$7.93...
Analysis Article Jul 02

Is Now The Time To Look At Buying Xtep International Holdings Limited (HKG:1368)?

While Xtep International Holdings Limited ( HKG:1368 ) might not have the largest market cap around , it saw...
Analysis Article Apr 17

Xtep International Holdings Limited (HKG:1368) Not Lagging Market On Growth Or Pricing

With a median price-to-earnings (or "P/E") ratio of close to 9x in Hong Kong, you could be forgiven for feeling...
Analysis Article Apr 02

Is Xtep International Holdings Limited (HKG:1368) Trading At A 40% Discount?

Key Insights Xtep International Holdings' estimated fair value is HK$8.23 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 21

Should You Investigate Xtep International Holdings Limited (HKG:1368) At HK$4.10?

While Xtep International Holdings Limited ( HKG:1368 ) might not have the largest market cap around , it saw a...
Analysis Article Jan 02

Why We're Not Concerned About Xtep International Holdings Limited's (HKG:1368) Share Price

There wouldn't be many who think Xtep International Holdings Limited's ( HKG:1368 ) price-to-earnings (or "P/E") ratio...
Analysis Article Nov 23

Are Investors Undervaluing Xtep International Holdings Limited (HKG:1368) By 26%?

Key Insights Xtep International Holdings' estimated fair value is HK$6.62 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 09

Should You Think About Buying Xtep International Holdings Limited (HKG:1368) Now?

Xtep International Holdings Limited ( HKG:1368 ), might not be a large cap stock, but it saw significant share price...
Analysis Article Sep 11

These 4 Measures Indicate That Xtep International Holdings (HKG:1368) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 27

Xtep International Holdings (HKG:1368) Is Increasing Its Dividend To CN¥0.137

Xtep International Holdings Limited ( HKG:1368 ) has announced that it will be increasing its dividend from last year's...
Analysis Article Aug 22

A Look At The Intrinsic Value Of Xtep International Holdings Limited (HKG:1368)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Xtep International Holdings fair value estimate is HK$6.77...
Analysis Article Jul 19

Is Xtep International Holdings Limited (HKG:1368) Potentially Undervalued?

Xtep International Holdings Limited ( HKG:1368 ), might not be a large cap stock, but it received a lot of attention...
Analysis Article May 22

These 4 Measures Indicate That Xtep International Holdings (HKG:1368) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 05

A Look At The Fair Value Of Xtep International Holdings Limited (HKG:1368)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Xtep International Holdings fair value estimate is HK$8.82...
Analysis Article Apr 06

When Should You Buy Xtep International Holdings Limited (HKG:1368)?

Xtep International Holdings Limited ( HKG:1368 ), is not the largest company out there, but it saw a decent share price...

Shareholder Returns

1368HK LuxuryHK Market
7D2.8%1.1%1.1%
1Y-20.4%-6.2%19.7%

Return vs Industry: 1368 underperformed the Hong Kong Luxury industry which returned -6.3% over the past year.

Return vs Market: 1368 underperformed the Hong Kong Market which returned 20.3% over the past year.

Price Volatility

Is 1368's price volatile compared to industry and market?
1368 volatility
1368 Average Weekly Movement4.7%
Luxury Industry Average Movement6.6%
Market Average Movement7.1%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1368 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1368's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19878,800Shui Po Dingwww.xtep.com.hk

Xtep International Holdings Limited, together with its subsidiaries, designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China. It operates through two segments, Mass Market and Professional Sports. The company sells its products under the Xtep, Saucony, and Merrell brands.

Xtep International Holdings Limited Fundamentals Summary

How do Xtep International Holdings's earnings and revenue compare to its market cap?
1368 fundamental statistics
Market capHK$11.99b
Earnings (TTM)HK$1.58b
Revenue (TTM)HK$16.29b
7.6x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1368 income statement (TTM)
RevenueCN¥14.15b
Cost of RevenueCN¥8.09b
Gross ProfitCN¥6.06b
Other ExpensesCN¥4.69b
EarningsCN¥1.37b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.50
Gross Margin42.85%
Net Profit Margin9.69%
Debt/Equity Ratio24.3%

How did 1368 perform over the long term?

See historical performance and comparison

Dividends

6.5%
Current Dividend Yield
48%
Payout Ratio

Does 1368 pay a reliable dividends?

See 1368 dividend history and benchmarks
When do you need to buy 1368 by to receive an upcoming dividend?
Xtep International Holdings dividend dates
Ex Dividend DateMay 12 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend2 days
Days until Dividend pay date51 days

Does 1368 pay a reliable dividends?

See 1368 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 17:01
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Xtep International Holdings Limited is covered by 39 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullCCB International Securities Limited
Wei HeChina Galaxy Securities Co., Ltd.
Shuai HaoChina Galaxy Securities Co., Ltd.