Able View Global Inc.
ABLV, ABLVW · Retail-Nonstore Retailers · EDGAR filings ↗
Grade
C64Chinese beauty brand-management distributor that is marginally profitable with decent returns but declining revenue and thin margins.
Strengths
- ROA 2.4% (87.5th pct) and ROE 10.6% (62.5th pct) — above-median returns
- Healthy liquidity (quick ratio 1.45, 87.5th pct) and modest leverage
- Slightly positive net margin in a low-margin reseller model
Risks
- Revenue fell 17% (11th pct) and continuing operations swung to a net loss
- Razor-thin gross margin (11.3%, 11.8th pct); dilutive convertible notes and disposals
- Brand-partner and e-commerce-channel concentration plus PRC regulatory risk
Notable findings
- Revenue declineRevenue -17.0% YoY
Key metrics
Gross margin
11.3%
Operating margin
-0.5%
Net margin
0.8%
Return on equity
10.6%
Return on assets
2.4%
ROIC
-3.9%
Revenue growth (QoQ)
-17.0%
Debt / equity
0.3×
Current ratio
1.6×
Free cash flow
$1M
Tangible book value
$8M
Cash & investments
$9M
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-27 | 2025-12-31 | 0001213900-26-048085 ↗ |
| 20-F | 2025-04-23 | 2024-12-31 | 0001213900-25-034677 ↗ |
| 20-F | 2024-04-30 | 2023-12-31 | 0001213900-24-037882 ↗ |