GIL Latest Report

Performance of the Current Financial Report

Gildan Activewear (stock code: GIL) had a total operating revenue of RMB821.52 million on December 29, 2024. Although there is a lack of prior data to directly calculate the percentage change year-on-year, by analyzing the company's total operating revenue, the importance of its financial performance can be seen. The total operating revenue directly affects the company's profitability and market competitiveness, making it an important indicator to assess the company's financial health.

Key Data in the Financial Report

1. Gildan Activewear reported an operating revenue of US$3.196 billion in 2023, showing a good financial performance.

2. In the fourth quarter of 2023, Gildan Activewear's net sales were US$783 million, up 9% year-on-year, indicating its sales growth trend continued.

3. The company's operating margin was 22.8%, and the adjusted earnings per share (EPS) grew 15% year-on-year to US$0.75, showing an improvement in its profitability.

4. Gildan Activewear implemented a sustainable growth strategy in 2023, focusing on innovation and market expansion.

Peer Comparison

1. Industry-wide analysis: The overall market of the sportswear industry presents a stable growth trend. With the rise of health and fitness awareness, consumers' demand for sportswear is increasing, driving the growth of the industry's operating revenue. According to market research, the sportswear industry is expected to continue positive growth in 2024, especially under the promotion of outdoor sports demand, with a 48.4% year-on-year growth in retail sales of sportswear in October 2024.

2. Peer evaluation analysis: Gildan Activewear's total operating revenue is at an average level in the industry. Compared with companies like Under Armour, Gildan Activewear performs more stably in terms of operating revenue and profitability, attracting investors. However, if the average growth rate of total operating revenue in the industry is high, Gildan Activewear may face market competition pressure and needs to further strengthen its market strategy to enhance its market share.

Summary

Gildan Activewear's total operating revenue performance in 2024 is good, although there is a lack of year-on-year data, but its overall profitability and market growth trend show positive prospects. The company's efforts in sustainable growth strategies, innovation, and market expansion support its revenue growth.

Opportunities

1. Gildan Activewear can further increase its total operating revenue through continuous market expansion and new product launches.

2. Its sustainable development strategy may attract more environmentally conscious consumers, enhancing its brand image and sales.

3. With the rise of health awareness, Gildan Activewear can leverage market trends to expand its share in the women's sportswear market.

4. Through optimizing sales channels and strengthening marketing activities, Gildan Activewear can further promote overall sales growth.

Risks

1. Intensified competition in the industry may affect Gildan Activewear's market share and profitability.

2. If market demand fails to grow as expected, Gildan Activewear's operating revenue may be affected.

3. Dependence on sales of specific product lines may make the company face greater risks when the market changes.

4. Global economic fluctuations may negatively affect consumer spending, thus affecting the company's overall performance.