Company Overview - Speedy Global Holdings Limited is a leading supply chain service provider, offering comprehensive services such as product design and development, trend confirmation, material procurement, order management, quality control, packaging, inventory management, and logistics for globally recognized brands [2] - The company previously operated a retail business but terminated its Unisex and Promod brand sales due to unsatisfactory performance, focusing instead on identifying more profitable retail opportunities [2] Financial Performance - As of December 31, 2024, Speedy Global Holdings reported total revenue of 612 million yuan, a year-on-year increase of 42.87% [1] - The net profit attributable to shareholders was 15.65 million yuan, reflecting a significant year-on-year growth of 441.43% [1] - The company's gross profit margin stood at 12.33%, with a debt-to-asset ratio of 69.6% [1] Market Position and Valuation - The company's price-to-earnings (P/E) ratio is 5.79, ranking 17th in the textile and apparel industry, which has an average P/E ratio of -6.59 [1] - Other companies in the same industry have varying P/E ratios, with FAST RETAIL-DRS at 0.36, Zhejiang Yong'an at 1.34, Urban Beauty at 3.78, Chih Li Industrial Group at 3.92, and Shanshan Brand at 4.1 [1] Property Development and Investment - The company previously focused on property development in Xinmi City but sold its 50% stake in Speedy Global Development Limited for 10 HKD to mitigate risks associated with industrial property investments [3] - The board believes that this sale helps avoid uncertainties related to the depreciation of the RMB and the slowing growth of GDP and industrial value-added in Henan Province [3] - The company will continue to monitor the property market and seek suitable investment and development strategies to enhance shareholder returns [3]