361°’s profit attributable to equity holders up 8.0% to RMB930 million in 1H 2026 Interim dividend of HK22.2 cents per share declared at a 45% payout ratio
- Written by Media Outreach
Deepening professional resources and product‑technology expertise Optimising channels and accelerating brand globalisation
HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – 361 Degrees International Limited ("361°" or the "Company", together with its subsidiaries, the "Group"; HKSE stock code: 1361), a leading sportswear brand enterprise in China, announces its unaudited interim results for the six months ended 30 June 2026 ("the period under review"). Financial performance- Revenue increased by 8.0 % year on year to RMB6,159.8 million
- Gross profit increased by 8.7% year on year to RMB2,572.9 million; Gross profit margin increased by 0.3 percentage points to 41.8%
- Profit attributable to equity holders increased by 8.0% year on year to RMB925.9 million
- Net cash (including bank deposits, cash and cash equivalents) amounted to RMB4,728.8 million
- 361° Super Premium Store (超品店) format continued to expand. A total of 187 stores launched nationwide, comprising 152 stores for core brand and 35 stores for kids. With an additional store in Cambodia, the total store count reached 188.
- The forerunner of "1+6" new retail omnichannel operating model. 361° entered into a strategic partnership with "JD Instant Delivery" (京東秒送), marking the full implementation of its instant retail strategy, under which offline physical store simultaneously operates across six online channels.
- The e-commerce business remained committed to a differentiated exclusive-product strategy. Capitalising on emerging consumer trends in sports such as tennis, badminton, and pickleball, it achieved simultaneous growth in both revenue and operational profitability.
- As the official partner of the Asian Games for five consecutive editions, 361° unveiled the official sportswear for the torchbearers of the Asian Games Aichi-Nagoya. The "Flying Flame 5" (飛燃5) Tokyo-exclusive coloured edition running shoes made their debut at the Tokyo Marathon Expo, where running brand ambassador GUAN Yousheng (管油勝) achieved outstanding results; and the Company served as the Honorary Partner of the Qingdao Marathon for the third consecutive year.
- 361° partnered with its global brand ambassador Nikola JOKIĆ to launch the second-generation signature basketball shoes, the "JOKER2 GT", and launched the flagship guard shoes, "BIG3 7.0 PRO".
- 361° Kids continuously expanded its product portfolio and event resource deployment. By aligning its efforts closely with the development characteristics of adolescents, the demands of sport-specific training, and the needs of campus physical fitness tests, the brand launched technology-driven products, including the "Flying Dagger-axe" (飛戈), the "Swift Leaping" (靈躍), the "Wind Hunter" (獵風), and the "Feiyan" (飛燕).
Financial Highlights
For the six months ended 30 June Change2026 2025 Profitability Data (RMB million) Revenue 6,159.8 5,704.8 +8.0% Gross profit 2,572.9 2,366.5 +8.7% Operating profit 1,200.9 1,137.3 +5.6% Profit attributable to equity holders 925.9 857.7 +8.0% Basic EPS (RMB cents) 44.4 41.5 +7.0%Profitability ratios (%) Gross profit margin 41.8 41.5 +0.3 p.p. Margin of profit attributable to equity holders 15.0 15.0 —Dividend Proposed interim dividend per share (HK cents) 22.2 20.4 +8.8% Dividend payout ratio (%) 45.0 45.0 —Financial Analysis During the period under review, the Group's total revenue increased by 8.0% to RMB6,159.8 million. Sales of the Group's two core products, namely footwears and apparels, grew by 7.0% year on year to RMB3,517.4 million and 10.0% year on year to RMB2,336.6 million, respectively. The sales of footwear products accounted for 57.1% of the Group's total revenue while apparel sales accounted for 37.9%. Revenue from 361° Kids remained a steady growth, with footwear and apparel revenue rising 11.7% and 0.5% year on year, accounting for 12.9% and 8.5% of the Group's total revenue, respectively. In addition, revenue from the sales of web-exclusive products at the e-commerce business increased by 9.5% year on year to RMB1,989.0 million, accounting for 32.3% of the Group's total revenue. The gross profit during the period under review was RMB2,572.9 million, representing a year-on-year increase of 8.7%. Gross profit margin increased by 0.3 percentage points year on year to 41.8%. Profit attributable to equity holders increased by 8.0% year on year to RMB925.9 million, equivalent to earnings per share of RMB44.4 cents. As at 30 June 2026, net cash (including bank...
