Zhejiang Semir Garment Co Ltd
SZSE:002563
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Zhejiang Semir Garment Co Ltd
Other Current Liabilities
Zhejiang Semir Garment Co Ltd
Other Current Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Zhejiang Semir Garment Co Ltd
SZSE:002563
|
Other Current Liabilities
ÂĄ1.1B
|
CAGR 3-Years
7%
|
CAGR 5-Years
8%
|
CAGR 10-Years
11%
|
||
Shenzhou International Group Holdings Ltd
HKEX:2313
|
Other Current Liabilities
ÂĄ1.3B
|
CAGR 3-Years
42%
|
CAGR 5-Years
27%
|
CAGR 10-Years
10%
|
||
ANTA Sports Products Ltd
HKEX:2020
|
Other Current Liabilities
ÂĄ6.7B
|
CAGR 3-Years
13%
|
CAGR 5-Years
17%
|
CAGR 10-Years
33%
|
||
Li Ning Co Ltd
HKEX:2331
|
Other Current Liabilities
ÂĄ3.5B
|
CAGR 3-Years
5%
|
CAGR 5-Years
15%
|
CAGR 10-Years
23%
|
||
L
|
Lao Feng Xiang Co Ltd
SSE:600612
|
Other Current Liabilities
ÂĄ2.4B
|
CAGR 3-Years
30%
|
CAGR 5-Years
12%
|
CAGR 10-Years
10%
|
|
Zhejiang Weixing Industrial Development Co Ltd
SZSE:002003
|
Other Current Liabilities
ÂĄ168.8m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
11%
|
CAGR 10-Years
6%
|
Zhejiang Semir Garment Co Ltd
Glance View
Zhejiang Semir Garment Co., Ltd., a prominent player in the Chinese apparel sector, was founded in 1996 by Qiu Guanghe. This company embarked on its journey by establishing itself as a formidable force in the casual wear segment, catering primarily to China's burgeoning middle class. As the apparel industry in China evolved, fueled by demographic shifts and rising disposable incomes, Semir strategically expanded its portfolio to include children's clothing through its Balabala brand, which quickly became one of the most recognized names in this niche. This diversification not only capitalized on the growing demand for quality children's wear but also provided a counterbalance to fluctuations in the broader apparel market. At the heart of Semir's business model is a robust network of retail stores combined with a keen eye on market trends and consumer preferences. The company utilizes a franchising and direct store operation model, enabling rapid expansion and cost efficiency while maintaining brand control. By investing heavily in marketing and brand positioning, Semir effectively strengthens its appeal among young parents and fashion-conscious youth. In recent years, the company has also embraced e-commerce and digital marketing, extending its reach beyond traditional retail spaces. Through these strategically aligned channels, Zhejiang Semir Garment Co., Ltd. generates revenue by embedding itself deeply in the Chinese consumer psyche, leveraging brand loyalty and diverse product offerings to propel its growth in both domestic and international markets.
See Also
What is Zhejiang Semir Garment Co Ltd's Other Current Liabilities?
Other Current Liabilities
1.1B
CNY
Based on the financial report for Sep 30, 2024, Zhejiang Semir Garment Co Ltd's Other Current Liabilities amounts to 1.1B CNY.
What is Zhejiang Semir Garment Co Ltd's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 10Y
11%
Over the last year, the Other Current Liabilities growth was -7%. The average annual Other Current Liabilities growth rates for Zhejiang Semir Garment Co Ltd have been 7% over the past three years , 8% over the past five years , and 11% over the past ten years .