NCI on Nasdaq

Neo-Concept International Group Holdings Ltd

Neo-Concept International Group Holdings Ltd is an apparel and Finishd Prods of Fabrics and Similar Matl company.1 Its shares trade on Nasdaq under the symbol NCI.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$17.6MRevenue, fiscal 20252
$42.6KNet income, fiscal 20252

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  • TickerNCI on Nasdaq1
  • IndustryApparel & Other Finishd Prods of Fabrics & Similar Matl1
  • HeadquartersK31
  • Incorporated inHong Kong3
  • Business address10/F Seaview Centre, 139-141 Hoi Bun Road, Kowloon Tong, Hong Kong3
  • Filer categoryNon-accelerated filer, Emerging growth company3

2026 (the “Placement Agency Agreement”), by and between the Company and the Placement Agents. The Company agreed to pay D.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

36.9%Gross margin2
1.3%Operating margin2
0.2%Net margin2
-41.9%Revenue growth, 20252
0.6%Return on equity2
0.08×Debt to equity2
$2.2MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Ownbranded Apparel Products brought in 51% of the revenue Neo-Concept International Group Holdings Ltd broke down this way in fiscal 2025.

  1. Ownbranded Apparel Products70.6M HKD251%up 81% from 2024
  2. Privatelabelled Apparel Products66.7M HKD249%down 66% from 2024
Products and services by year
Products and services202320242025
Ownbranded Apparel Products17.9M HKD38.9M HKD70.6M HKD
Privatelabelled Apparel Products156.3M HKD196.7M HKD66.7M HKD

Regions

United Kingdoms brought in 61% of the revenue Neo-Concept International Group Holdings Ltd broke down this way in fiscal 2025.

  1. United Kingdoms70.6M HKD261%up 77% from 2024
  2. United States45.9M HKD239%down 73% from 2024
Regions by year
Regions202320242025
United Kingdoms17.9M HKD39.9M HKD70.6M HKD
United States132.1M HKD171.4M HKD45.9M HKD

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue63¢$11.1M
  • Other costs36¢$6.3M
  • Income tax1¢$185.9K
  • Profit0¢$42.6K

Out of $17.6M in revenue.2

Where each dollar of operating cash went, fiscal 2025

  • Capital spending19¢$514.9K
  • Kept or used elsewhere81¢$2.2M

Out of $2.7M of cash from operations.2

Financial statements

Revenue562$17.6M in 2025−21% since 2023
0$10.0M$20.0M$30.0M$40.0M2023: $22.3M$22.3M20232024: $30.3M$30.3M2024+36%2025: $17.6M$17.6M2025−42%
Gross profit562$6.5M in 2025+45% since 2023
0$2.0M$4.0M$6.0M$8.0M2023: $4.5M$4.5M20232024: $6.4M$6.4M2024+42%2025: $6.5M$6.5M2025+2%
Operating income562$231.9K in 2025−80% since 2023
0$500.0K$1.0M$1.5M2023: $1.2M$1.2M20232024: $1.5M$1.5M2024+29%2025: $231.9K$231.9K2025−84%
Net income562$42.6K in 2025−92% since 2023
0$500.0K$1.0M$1.5M2023: $565.2K$565.2K20232024: $1.0M$1.0M2024+84%2025: $42.6K$42.6K2025−96%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
REVENUES, NET137.2M HKD235.7M HKD174.2M HKD
COST OF REVENUES-86.6M HKD-186.2M HKD-139.2M HKD
Gross profit50.7M HKD49.4M HKD35.0M HKD
Selling and marketing-6.6M HKD-4.4M HKD-3.1M HKD
Depreciation-1.7M HKD-685.2K HKD-33.1K HKD
Amortization-2.5M HKD-1.5M HKD-112.0K HKD
Staff cost-21.8M HKD-18.5M HKD-13.3M HKD
Operating lease expenses-6.7M HKD-3.1M HKD-2.5M HKD
Operating lease expenses related party-720.0K HKD-720.0K HKD-720.0K HKD
Professional fee-3.6M HKD-2.8M HKD-2.2M HKD
(Provision for) reversal of expected credit losses2.1M HKD-1.3M HKD-1.4M HKD
Government rates-2.1M HKD-1.3M HKD-453.7K HKD
Office general expenses-1.3M HKD-752.5K HKD-453.6K HKD
Others-4.0M HKD-2.8M HKD-1.7M HKD
Total expenses-48.9M HKD-37.9M HKD-26.0M HKD
INCOME FROM OPERATION1.8M HKD11.6M HKD9.0M HKD
Interest income32.0K HKD93.0K HKD
Interest expense-1.3M HKD-3.8M HKD-5.8M HKD
Agency income related party1.5M HKD1.2M HKD2.7M HKD
Other income42.4K HKD134.2K HKD326 HKD
Other expense-195.1K HKD-302.8K HKD
Total other expenses, net-26.7K HKD-2.4M HKD-3.3M HKD
Income before tax expenses1.8M HKD9.1M HKD5.7M HKD
Income tax expenses-1.4M HKD-1.1M HKD-1.3M HKD
NET INCOME331.7K HKD8.1M HKD4.4M HKD
Foreign currency translation adjustment-558.7K HKD154.2K HKD-1.1M HKD
TOTAL COMPREHENSIVE INCOME (LOSS)-227.1K HKD8.2M HKD3.3M HKD
Basic (in Shares)4.1M shares3.9M shares3.6M shares
Diluted (in Shares)4.1M shares3.9M shares3.6M shares
Earnings per share basic (in Dollars per share and Dollars per share)0.08 HKD2.06 HKD1.23 HKD
Earnings per share diluted (in Dollars per share and Dollars per share)0.08 HKD2.06 HKD1.23 HKD

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Corporate structure

Neo-Concept International Group Holdings Ltd sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Neo-Concept International Group Holdings Ltd

  • Orca Capital AG Filed SCHEDULE 13G on Neo-Concept International Group Holdings Ltd, latest Oct 7, 2026
  • JANE STREET GROUP, LLC Filed SCHEDULE 13G on Neo-Concept International Group Holdings Ltd, latest Aug 21, 2026
  • Eva Yuk Yin Siu Filed SCHEDULE 13D on Neo-Concept International Group Holdings Ltd, latest Jun 15, 2026
  • VIAPC 1 Ltd Filed SCHEDULE 13G/A on Neo-Concept International Group Holdings Ltd, latest Dec 16, 2025 (2 filings since Apr 9, 2025)
  • Asset Empire International Ltd Filed SC 13D on Neo-Concept International Group Holdings Ltd, latest May 7, 2024
  • Neo-Concept International Group Holdings Ltd K3

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Neo-Concept International Group Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$164.5K6 Dec 31, 2024$163.6K5 Dec 31, 2023+0.6%
Property and equipment, before depreciation$1.5M2 Dec 31, 2025$882.8K6 Dec 31, 2024+67.1%
Accumulated depreciation$520.0K2 Dec 31, 2025$271.8K6 Dec 31, 2024+91.3%
Property and equipment, net$955.5K2 Dec 31, 2025$611.0K6 Dec 31, 2024+56.4%
Operating-lease assets (leased space)$5.4M2 Dec 31, 2025$5.5M6 Dec 31, 2024−2.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$299.7K2 Dec 31, 2025$1.2M6 Dec 31, 2024−74.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.4M2 Dec 31, 2025$1.7M6 Dec 31, 2024−18.6%
Finite-lived intangibles, gross$2.1M2 Dec 31, 2025
Accumulated amortization$675.4K2 Dec 31, 2025$355.3K6 Dec 31, 2024+90.1%
Finite-lived intangibles, net$1.4M2 Dec 31, 2025$2.1M6 Dec 31, 2024−32.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.6M2 Dec 31, 2025$465.6K6 Dec 31, 2024+234.3%

Leadership

Who has led Neo-Concept International Group Holdings Ltd, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (6)

Timeline

  1. Sep 8, 2026New chief executive Pengfei Jiang becomes CEO8
  2. Mar 18, 2026New chief executive Eva Yuk Yin Siu becomes CEO7

Filings

115 filings to the SEC since October 2021: 3 annual reports, 10 insider forms, 6 large holders, 96 other. The latest 20:

  1. Oct 7, 2026SCHEDULE 13G EDGAR
  2. Oct 5, 20266-K EDGAR
  3. Oct 1, 20266-K EDGAR
  4. Oct 1, 2026424B5 EDGAR
  5. Sep 16, 20266-K EDGAR
  6. Sep 8, 20264 EDGAR
  7. Aug 26, 20266-K EDGAR
  8. Aug 21, 2026SCHEDULE 13G EDGAR
  9. Aug 19, 20266-K EDGAR
  10. Aug 11, 20263 EDGAR
  11. Jul 30, 2026EFFECT EDGAR
  12. Jul 30, 2026F-3/A EDGAR
  13. Jul 23, 2026F-3 EDGAR
  14. Jul 8, 20266-K EDGAR
  15. Jun 17, 2026EFFECT EDGAR
  16. Jun 17, 2026S-8 POS EDGAR
  17. Jun 17, 2026POS AM EDGAR
  18. Jun 16, 2026S-8 EDGAR
  19. Jun 15, 2026SCHEDULE 13D EDGAR
  20. Jun 12, 20264 EDGAR

The 115 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Neo-Concept International Group Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNeo-Concept International Group Holdings Ltd1
  • CIK0001916331
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)2300 Apparel & Other Finishd Prods of Fabrics & Similar Matl1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address10/F Seaview Centre, 139-141 Hoi Bun Road, Kowloon Tong, Hong Kong, Hong Kong1
  • Phone852 2798 86391
  • Shares outstanding3,464,018 Common Class A shares; 600,000 Common Class B shares as of Dec 31, 20254
  • AuditorWWC, P.C., San Mateo, California PCAOB ID 1171; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceAug 30, 20221
  • Filings115 in all: 6-K (37), F-1/A (9), 3 (8), CORRESP (8), UPLOAD (8), DRSLTR (5), EFFECT (5), DRS/A (4)1
    All 29 form types

    20-F (3), SCHEDULE 13G (3), 144 (2), 4 (2), 424B4 (2), F-1 (2), NT 20-F (2), POS AM (2), 424B3 (1), 424B5 (1), 8-A12B (1), CERT (1), DRS (1), F-3 (1), F-3/A (1), FWP (1), S-8 (1), S-8 POS (1), SC 13D (1), SCHEDULE 13D (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2026

Securities registered for trading

ClassSymbolExchange
Class A Ordinary Shares, par value $0.0003125 per shareNCINasdaq

From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).4