Forward Fashion (International) Holdings Co (HKSE:02528) OCF Margin %: 26.87% (As of Dec. 2025) — 21% Above Median

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HKSE:02528 Forward Fashion (International) Holdings Co Ltd HKSE:02528
43 GF Score
Price HK$0.92
GF Value HK$0.24
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Forward Fashion (International) Holdings Co OCF Margin %?

Forward Fashion (International) Holdings Co HKSE:02528 -0.54% 43 OCF Margin % is 26.87% as of Dec. 2025, which is 21% above its 10-year median of 22.22. GuruFocus rates HKSE:02528 with a GF Score™ of 43/100 and a GF Value™ of HK$0.24 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Forward Fashion (International) Holdings Co ranks better than 91.24% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Forward Fashion (International) Holdings Co's Cash Flow from Operations for the six months ended in Dec. 2025 was HK$114.6 Mil. Forward Fashion (International) Holdings Co's Revenue for the six months ended in Dec. 2025 was HK$426.5 Mil. Therefore, Forward Fashion (International) Holdings Co's OCF Margin % for the quarter that ended in Dec. 2025 was 26.87%.

As of today, Forward Fashion (International) Holdings Co's current OCF Yield % is 52.11%.

The historical rank and industry rank for Forward Fashion (International) Holdings Co's OCF Margin % or its related term are showing as below:

HKSE:02528' s OCF Margin % Range Over the Past 10 Years
Min: 12.81   Med: 22.22   Max: 43.24
Current: 22.04


During the past 10 years, the highest OCF Margin % of Forward Fashion (International) Holdings Co was 43.24%. The lowest was 12.81%. And the median was 22.22%.

HKSE:02528's OCF Margin % is ranked better than
91.24% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 5.515 vs HKSE:02528: 22.04


Forward Fashion (International) Holdings Co OCF Margin % Related Terms


Forward Fashion (International) Holdings Co OCF Margin % Historical Data

* Premium members only.

The historical data trend for Forward Fashion (International) Holdings Co's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forward Fashion (International) Holdings Co OCF Margin % Chart

Forward Fashion (International) Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.42 23.98 21.78 12.81 22.04

Forward Fashion (International) Holdings Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.55 7.10 18.49 17.39 26.87

HKSE:02528 vs TJX, ROST, BURL: OCF Margin % Comparison

For the Apparel Retail subindustry, Forward Fashion (International) Holdings Co's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forward Fashion (International) Holdings Co OCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forward Fashion (International) Holdings Co's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Forward Fashion (International) Holdings Co's OCF Margin % falls into.


HKSE:02528
43GF Score
Forward Fashion (International) Holdings Co Ltd HKSE:02528
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forward Fashion (International) Holdings Co OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Forward Fashion (International) Holdings Co's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=191.758/870.175
=22.04 %

Forward Fashion (International) Holdings Co's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=114.607/426.534
=26.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 26.87% mean?
Forward Fashion (International) Holdings Co (HKSE:02528) has a OCF Margin % of 26.87% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Forward Fashion (International) Holdings Co and its competitors. This is 21% above median its historical median of 22.22. Over the past decade, Forward Fashion (International) Holdings Co's OCF Margin % has ranged from 12.81 to 43.24. According to the industry distribution chart, Forward Fashion (International) Holdings Co ranks #99 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 8.8%.
Is Forward Fashion (International) Holdings Co's OCF Margin % too high?
Forward Fashion (International) Holdings Co's current OCF Margin % of 26.87% is 21% above median its 10-year median of 22.22. Over the past 10 years, this metric has ranged from a low of 12.81 to a high of 43.24. The Retail - Cyclical industry median OCF Margin % is 5.52. Forward Fashion (International) Holdings Co's value of 26.87% is 387.2% above this industry median. Based on the distribution chart, Forward Fashion (International) Holdings Co ranks #99 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Forward Fashion (International) Holdings Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Fashion (International) Holdings Co's OCF Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Forward Fashion (International) Holdings Co ranks #99 out of 1130 companies for OCF Margin %. This places Forward Fashion (International) Holdings Co in the top 9% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 5.52. Forward Fashion (International) Holdings Co's value of 26.87% is 387.2% above this benchmark. Historically, Forward Fashion (International) Holdings Co's own OCF Margin % has ranged from 12.81 to 43.24 over the past decade. While the company's 10-year median is 22.22 vs. the industry median of 5.52, Forward Fashion (International) Holdings Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Retail - Cyclical company?
The median OCF Margin % among Retail - Cyclical companies is 5.52, based on 1,130 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forward Fashion (International) Holdings Co's current OCF Margin % of 26.87% is 387.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Forward Fashion (International) Holdings Co and its competitors. For the Retail - Cyclical industry, the median OCF Margin % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Fashion (International) Holdings Co's current OCF Margin % is 26.87%, which is 21% above median its own 10-year median of 22.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Fashion (International) Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co (HKSE:02528) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.92 — trading 283.3% above its estimated fair value. The current OCF Margin % is 26.87%, which is 21% above median its 10-year median of 22.22 and 387.2% above the Retail - Cyclical industry median of 5.52. Forward Fashion (International) Holdings Co's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Forward Fashion (International) Holdings Co (HKSE:02528), the current OCF Margin % is 26.87% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forward Fashion (International) Holdings Co (HKSE:02528) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Fashion (International) Holdings Co stock appears to be overvalued. The current stock price of HK$0.92 is trading 283.3% above its estimated GF Value™ of HK$0.24. GuruFocus considers Forward Fashion (International) Holdings Co to be Significantly Overvalued.

Key valuation signals for HKSE:02528:

  • OCF Margin %: 26.87% (21% above median its 10-year median of 22.22)
  • GF Value™: HK$0.24 vs. price of HK$0.92 (283.3% above fair value)
  • GF Score™: 43/100 with 6 warning signs
  • Industry Position: 387.2% above the Retail - Cyclical median (#99 of 1130)

No single metric tells the full story. See the HKSE:02528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forward Fashion (International) Holdings Co Business Description

Address 83 King Lam Street, Unit 5, 10th Floor, Tower B, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Forward Fashion (International) Holdings Co Ltd is engaged in the retail and wholesale of fashion apparel of international brands through its multi-brand and multi-store business model in the Chinese Mainland, Macau, and Hong Kong. The group also provides store management services for fashion brands and catering services in Macau. Its portfolio includes brands such as BLACK BARRETT, Calvin Klein, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger, Under Armour, and others. It operates across three geographical segments: the Chinese Mainland, Macau, and Hong Kong and others, with Macau contributing the majority of the Group's revenue.
43GF Score

Get the complete analysis for HKSE:02528

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.92
Price
HK$0.24
GF Value