Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

JNBY Design Limited (3306 HK) H1 FY2026 Results — Momentum Builds as Online Surges & Margins Expand

HK-Listed Apparel & Footwear Screener April 2026: 12 Stock Universe With Average ~8% Yield

HK-Listed Apparel & Footwear Screener May 2026: 12 Stock Universe With Average ~8.6% Yield

HK-Listed Apparel & Footwear Screener December 2025: Top Picks For FY26

HK-Listed Apparel & Footwear Screener Jan 2026: Stella (1836 HK) Telegraphing A Better FY26 Outlook

Nameson Holdings (1982 HK) H1 FY26 Concall: Robust Numbers, 12% Dividend Yield Post Result Rally

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>While <a href="https://www.smartkarma.com/entities/jnby-design-ltd" target="_blank" data-smartkarma-citation="entities:23642:1" rel="noopener">JNBY Design Ltd (3306 HK)</a> and <a href="https://www.smartkarma.com/entities/nameson-holdings-ltd" target="_blank" data-smartkarma-citation="entities:22670:1" rel="noopener">Nameson Holdings (1982 HK)</a> remain our preferred ideas, <a href="https://www.smartkarma.com/entities/lever-style-corporation" target="_blank" data-smartkarma-citation="entities:35760:1" rel="noopener">Lever Style (1346 HK)</a> delivered <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0212/2026021200299.pdf" target="_blank" rel="noopener">encouraging results</a>, establishing a steady trend despite a challenging environment. </li>
<li>Though revenue/profits were down 10%/7%, the company significantly increased its cash pile (~42 mn USD) and maintained a steady dividend of 10 cents, implying a payout ratio of 50%. </li>
<li>The company trades at a 7.2x PE ratio, a 7% dividend yield, and around 35% of its market capitalization in cash. Concerns do remain around customer retention. </li>
</ul>


While JNBY Design Ltd (3306 HK) and Nameson Holdings (1982 HK) remain our preferred ideas, Lever Style (1346 HK) delivered encouraging results, establishing a steady trend despite a challenging environment. 
Though revenue/profits were down 10%/7%, the company significantly increased its cash pile (~42 mn USD) and maintained a steady dividend of 10 cents, implying a payout ratio of 50%. 
The company trades at a 7.2x PE ratio, a 7% dividend yield, and around 35% of its market capitalization in cash. Concerns do remain around customer retention. 


홍콩 상장 의류 및 신발 기업 분석 보고서(2026년 2월): 레버 스타일(Lever Style) 실적 및 사업 전망 고무적