Beyond Europe · China and Asia
Bosideng
3998.HK · Hong Kong. Prices to 23 Oct 2026. Updated 25 Oct 2026.
China's leading down jacket brand, moving upmarket. Fiscal year ends in March and results are half yearly.
Company tag
Recovering
- Sales. Reported, FY2025/26 (Apr 2025 to Mar 2026): +5.6%recovering
- Shares. −4.8% YTD vs Hang Seng −9.9%: +5.1 ptsrecovering
Same thresholds as the European Luxury Health Check, but against the local market: growth above 3% scores +1, below 0% scores −1; shares more than 5 points ahead of the Hang Seng year to date score +1, more than 5 points behind score −1. Total +2. This tag is separate and does not feed the European health score.
Key numbers
| Period | Revenue | Growth | Released |
|---|---|---|---|
| FY2025/26 (Apr 2025 to Mar 2026) | RMB27,350m | +5.6% | 25 Jun 2026 |
| Earlier periods | not yet verified |
Growth basis: reported, as the company reports it. Download CSV
| Margin and valuation | Value | Source |
|---|---|---|
| Operating margin, FY2025/26 | 19.4% | source |
| Valuation (P/E, yield) | not yet verified |

What management said
FY2025/26 (Apr 2025 to Mar 2026) Tone: steady
Released 25 Jun 2026. Moderate growth with a higher margin. Release.
- Revenue up 5.6%; branded down apparel 86.2% of revenue. source
- Operating profit up 6.6%; operating margin 19.4%. source
- Profit attributable to shareholders up 13.7%. source
“In FY2025/26, the Group has returned to its entrepreneurial roots, focused on its core business of down apparel.”
Results press release, source
Call: No public call transcript checked for this release. Not yet verified.
Annual report. Annual report 2025/26. Linked, not yet reviewed in detail.
Not yet verified: Interim results to September 2026 (due late November). Quarterly figures (the company reports half yearly).
Sources
- FY2025/26 (Apr 2025 to Mar 2026) release
- Share prices: Yahoo Finance daily closes
Last updated 25 Oct 2026. Quotes are copied verbatim from the linked releases.
