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Crystal International Group Ltd
HKEX:2232

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Crystal International Group Ltd
HKEX:2232
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Price: 6.58 HKD 0.3% Market Closed
Market Cap: HK$18.8B

EV/GP

3.7
Current
63%
More Expensive
vs 3-y average of 2.3

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.7
=
Enterprise Value
HK$13.9B
/
Gross Profit
$515.4m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.7
=
Enterprise Value
HK$13.9B
/
Gross Profit
$515.4m

Valuation Scenarios

Crystal International Group Ltd is trading above its 3-year average

If EV/GP returns to its 3-Year Average (2.3), the stock would be worth HK$4.04 (39% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-59%
Maximum Upside
+15%
Average Downside
33%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.7 HK$6.58
0%
3-Year Average 2.3 HK$4.04
-39%
5-Year Average 1.8 HK$3.3
-50%
Industry Average 1.5 HK$2.71
-59%
Country Average 4.2 HK$7.54
+15%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
HK
Crystal International Group Ltd
HKEX:2232
18.8B HKD 3.7 11.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
224.1B EUR 4.5 20.6
FR
Hermes International SCA
PAR:RMS
170.2B EUR 14.1 37.6
KR
SBW
KRX:102280
235.5T KRW 8 462.8 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.3B CHF 6.3 23.5
FR
EssilorLuxottica SA
PAR:EL
84B EUR 5.5 36.3
FR
Christian Dior SE
PAR:CDI
76.7B EUR 1.9 16.9
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 25 81.6
FR
Kering SA
PAR:KER
28.5B EUR 3.7 396.2
DE
Adidas AG
XETRA:ADS
26.3B EUR 2.2 19.7
US
Tapestry Inc
NYSE:TPR
28.9B USD 5.3 55.4
P/E Multiple
Earnings Growth PEG
HK
C
Crystal International Group Ltd
HKEX:2232
Average P/E: 69.9
11.2
15%
0.7
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.6
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.6
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.5
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.9
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
81.6
32%
2.6
FR
Kering SA
PAR:KER
396.2
186%
2.1
DE
Adidas AG
XETRA:ADS
19.7
23%
0.9
US
Tapestry Inc
NYSE:TPR
55.4
107%
0.5

Market Distribution

In line with most companies in Hong Kong
Percentile
45th
Based on 1 375 companies
45th percentile
3.7
Low
0 — 1.9
Typical Range
1.9 — 9
High
9 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 1.9
Median 4.2
70th Percentile 9
Max 31 061 831.6

Crystal International Group Ltd
Glance View

Crystal International Group Ltd., a titan in the garment manufacturing industry, operates with the precision and scale of a finely tuned orchestra. Founded in 1970 and headquartered in Hong Kong, this company has grown into one of the world's largest apparel manufacturers by aligning its production prowess with global fashion trends. It achieves this by working closely with renowned brands, providing them with comprehensive solutions that range from design development to finished products. The company’s operational blueprint is a blend of technology and skilled craftsmanship, enabling it to manage complexities in style and volume. With production facilities spanning across multiple countries, Crystal International leverages geographic diversification, sourcing efficiencies, and local expertise to minimize costs while maximizing quality and speed. Profitability at Crystal International is driven by its ability to balance mass manufacturing capabilities with flexible, value-added services tailored to meet specific client demands. Its core strategy revolves around volume-driven manufacturing, where large-scale operations allow for economies of scale. Yet, what distinguishes Crystal is its commitment to sustainability, evident in its adoption of eco-friendly practices and its extensive use of automation and digital solutions in production. By continuously innovating its processes and investing in state-of-the-art technology, the company stays ahead in a highly competitive industry. This dual focus on innovation and environmental stewardship not only reduces waste and operational costs but also enhances its appeal to conscientious brands, ensuring a steady flow of partnerships and revenue.

Intrinsic Value
7.23 HKD
Undervaluation 9%
Intrinsic Value
Price HK$6.58
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