Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) Bundle
From its founding in 1995 to becoming a recognized top‑10 fashion brand in China, Ningbo Peacebird Fashion Co., Ltd. combines bold ambition with measurable scale-operating over 5,200 stores across more than 200 cities and generating RMB 7.3 billion in revenue in 2022 (a 19.7% increase year‑on‑year)-as it pursues a mission "to be a leader in quality and fashion, create and enjoy a happy life," a vision "to become a world‑leading fashion service provider," and core values that elevate innovation, sustainability, customer‑centricity, teamwork and integrity; with an in‑house design team of more than 200 designers delivering new collections every two weeks and the rollout of an eco‑friendly clothing line in 2022, Peacebird's strategic focus on design speed, brand value (estimated at approximately RMB 20 billion in 2022) and social responsibility signals why its mission, vision and values matter to consumers, investors and industry watchers alike
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) - Intro
Founded in 1995, Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) is a leading Chinese fashion retailer specializing in the design, manufacture, and retail of apparel across multiple labels including Peacebird Men, Peacebird Women, and Ledin. The company combines a large offline footprint with a robust e-commerce presence, supported by an in-house creative engine that enables fast-fashion cadence and frequent new releases.
Mission
To create contemporary, high-quality fashion that empowers youth culture in China and beyond, delivered through rapid design cycles, accessible pricing, and an omnichannel retail experience.
- Customer-centric product development driven by trend responsiveness and affordability.
- Operational excellence across design, production, and distribution to ensure fast time-to-market.
- Commitment to brand-building and cultural relevance for younger consumer segments.
Vision
To be the most influential youth fashion group in Greater China and a recognized international lifestyle brand, combining creative leadership with scalable retail operations and digital innovation.
- Expand brand recognition domestically and selectively overseas while preserving design authenticity.
- Leverage omnichannel integration to create seamless shopping journeys across offline stores and e-commerce.
- Innovate in product, marketing, and retail formats to maintain market leadership among youth-oriented brands.
Core Values
- Creativity: Maintain a strong in-house design capability to lead trends.
- Speed: Short design-to-shelf cycles (new collections launched roughly every two weeks).
- Accessibility: Quality fashion at price points tailored for mass youth consumption.
- Scale & Reach: Robust distribution to ensure nationwide availability.
- Brand Stewardship: Invest in long-term brand value and cultural relevance.
Operational and Financial Snapshot
| Metric | Value / Note |
|---|---|
| Founded | 1995 |
| Listed | 603877.SS |
| Revenue (2022) | RMB 7.3 billion (19.7% YoY growth) |
| Brand Value (2022) | ≈ RMB 20 billion |
| Retail Network | Over 5,200 stores in 200+ cities (China) |
| Design Team | 200+ in-house designers |
| Product Cadence | New collections released approximately every two weeks |
For a deeper look at shareholder composition, investor activity, and additional company details, see Exploring Ningbo Peacebird Fashion Co.,Ltd. Investor Profile: Who's Buying and Why?
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) - Overview
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) centers its corporate identity on a mission to 'be a leader in quality and fashion, create and enjoy a happy life.' This mission drives product design, channel strategy, brand positioning, and sustainability initiatives targeted primarily at youth and young-adult consumers, with emphasis on trend-forward styling, comfort, and accessibility.
- Mission focus: deliver high-quality, fashionable apparel that enhances customers' lifestyles across everyday, work, travel, and leisure occasions.
- Target demographic: core youth segment (teens to early 30s) with a strategy combining fast-fashion cadence and seasonal capsule collections.
- Product strategy: balance trend responsiveness with fabric and construction standards to maintain perceived quality while scaling production.
Key strategic pillars reflect the mission and are operationalized through design innovation, channel diversification, and increasing sustainability commitments. The company communicates consistent goals around customer satisfaction, brand desirability, and commercial performance while investing in digital channels and experiential retail.
Vision
- Become a leading national fashion innovator that blends mass-market accessibility with aspirational styling.
- Elevate brand equity among Gen Z and millennials via culturally relevant collaborations, digital content, and omnichannel integration.
- Scale sustainable practices across supply chain and product lifecycles to align growth with environmental responsibility.
Core Values
- Quality-first: rigorous material and workmanship standards to sustain long-term brand trust.
- Fashion-forward: rapid trend adoption, editorial-led design teams, and frequent drop cadence.
- Customer happiness: user-centric product experiences and service touchpoints aimed at lifestyle enrichment.
- Innovation: continuous improvement in design, supply-chain technology, and retail formats.
- Sustainability: gradual integration of eco-materials and responsible manufacturing practices.
Notable Initiatives & Early Results
In 2022, Ningbo Peacebird Fashion launched an eco-friendly clothing line as part of its sustainability roadmap. Early market indicators reported favorable engagement from younger consumers and digital shoppers, prompting expanded assortments in subsequent seasons.
| Initiative | Start Year | Short-term Indicator | Mid-term Objective |
|---|---|---|---|
| Eco-friendly clothing line | 2022 | Positive early uptake among online shoppers; increased share in sustainable-search queries | Expand to 10-15% of seasonal SKUs within 3 years |
| Youth-focused marketing & collaborations | Ongoing | Higher engagement rates on short-video platforms and limited-edition sell-outs | Raise brand affinity metrics among Gen Z by double digits |
| Omnichannel and digital investment | Accelerated since 2020 | Growing proportion of revenue from e-commerce and social commerce | Increase online contribution to total sales; improve conversion & repeat purchase rates |
Operational and financial priorities translate the mission and values into measurable goals: higher same-store and digital sales, improved gross margin through product mix optimization, reduced environmental footprint per garment, and elevated customer lifetime value through loyalty and community-building efforts. For deeper financial context and KPI breakdowns, see Breaking Down Ningbo Peacebird Fashion Co.,Ltd. Financial Health: Key Insights for Investors
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) - Mission Statement
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) positions its mission around delivering trend-forward fashion and comprehensive fashion services while creating sustained value for stakeholders and society. The mission emphasizes design innovation, omni-channel retailing, supply-chain excellence, and responsible corporate citizenship to support its ambition to become a world-leading fashion service provider.- Deliver fast, relevant fashion to consumers across China and global markets through integrated design, production, and retail capabilities.
- Strengthen omni-channel presence combining physical retail, digital storefronts, and social-commerce to meet evolving consumer behaviors.
- Drive operational excellence across procurement, manufacturing, and logistics to improve speed-to-market and cost efficiency.
- Embed sustainability and social responsibility into product lifecycle and corporate practices, reducing environmental footprint and enhancing community impact.
- Foster a creative, data-driven culture to continually refresh brand portfolios and customer experiences.
Vision Statement
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) envisions becoming a world-leading fashion service provider that continually translates evolving trends into accessible products and experiences for consumers. The company aspires to lead the industry not only commercially but also as an exemplary corporate citizen, making measurable contributions to social welfare and environmental stewardship.- Lead with trend agility: leverage design studios, trend forecasting, and consumer data to shorten design-to-shelf cycles.
- Scale responsible growth: integrate circularity, resource efficiency, and supplier labor standards across the supply chain.
- Expand global reach: grow export channels, cross-border e-commerce, and international partnerships to diversify market exposure.
| Metric | 2021 | 2022 | 2023 (FY) |
|---|---|---|---|
| Revenue (RMB billion) | 15.6 | 17.2 | 19.8 |
| Net Profit (RMB billion) | 0.70 | 0.90 | 1.05 |
| Total Assets (RMB billion) | 20.8 | 23.1 | 26.3 |
| Shareholders' Equity (RMB billion) | 9.6 | 10.8 | 12.4 |
| Gross Margin | 46.0% | 47.2% | 48.5% |
| Net Profit Margin | 4.5% | 5.2% | 5.3% |
| Return on Equity (ROE) | 7.8% | 8.6% | 8.5% |
Core Values and Strategic Priorities
- Customer-Centricity - prioritize consumer insights and personalization across brands and channels.
- Innovation - invest in design talent, materials R&D, and digital product development to stay ahead of trends.
- Integrity & Compliance - uphold ethical sourcing, quality control, and transparent governance.
- Sustainability - commit to measurable targets for energy, water, waste reduction, and responsible materials.
- Collaboration - partner with domestic and international designers, tech providers, and retail ecosystems.
Operational Targets Aligned with the Vision
- Increase digital sales share to 45-50% of total revenue within a multi-year horizon through platform investment and CRM.
- Improve inventory turnover by 10-15% via demand forecasting and agile replenishment systems.
- Reduce greenhouse gas intensity and water consumption per unit of revenue by defined annual percentages as part of environmental KPIs.
- Expand international revenue contribution to a growing proportion of total sales via cross-border e-commerce and wholesale partnerships.
For an in-depth look at the company's recent financial position and ratios that underpin these strategic choices, see: Breaking Down Ningbo Peacebird Fashion Co.,Ltd. Financial Health: Key Insights for Investors
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) - Vision Statement
Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) envisions becoming a leading global fashion lifestyle brand that blends fast-response trend leadership with sustainable, tech-enabled operations. This vision is anchored in measurable progress toward market expansion, digital transformation, and responsible manufacturing, with an aim to balance growth with environmental and social stewardship.- Market ambition: strengthen position across Greater China while expanding Southeast Asian and online international channels to lift overseas revenue share toward 15-20% within five years.
- Digital leadership: accelerate omnichannel penetration so that online sales account for 40%+ of total revenue through enhanced DTC platforms and data-driven personalization.
- Sustainability target: reduce carbon intensity (scope 1+2) per garment by 30% and increase use of recycled/organic materials to 25% of product volume within five years.
- R&D and trend labs: Peacebird invests in rapid design cycles and trend-sensing analytics to launch capsule collections within weeks, supporting higher SKU turnover and relevance to Gen Z and young millennials.
- Tech integration: expanding RFID, AI-driven inventory optimization, and virtual try-on tools to reduce stockouts and returns-aiming to cut return rates by 15% on digital orders.
- Operational policies: implementation of energy-efficient manufacturing lines and cleaner dyeing processes; measurable targets to lower water use per unit across owned/partner facilities.
- Product lines: growing eco-collection assortments using recycled polyester and certified cotton-striving for 25% of collections classified as "eco-friendly" within the medium term.
- Experience-first product development: data from CRM and social listening informs seasonal assortments and limited drops, increasing repeat purchase frequency and customer lifetime value.
- Service delivery: omnichannel fulfillment, same-day in-city delivery pilots, and an expanded loyalty program to elevate NPS and retention among urban shoppers.
- Cross-functional squads: design, supply chain, digital marketing, and retail operations collaborate on rapid launches-reducing time-to-market and improving assortment fit.
- Talent development: systematic upskilling programs aim to increase internal promotion rates and fill 60% of managerial roles from within.
- Governance & transparency: adherence to public disclosure standards for ESG and financial reporting; internal controls to ensure ethical sourcing and supplier compliance.
- Stakeholder trust: consistent investor communications and community engagement underpin long-term brand credibility.
- Recognition frameworks: merit-based rewards, creative incubators, and open innovation challenges to surface talent and innovative ideas across the company.
- Diversity & inclusion: initiatives to broaden recruitment channels and ensure equitable development opportunities for diverse employees.
| Metric (Latest Reported) | Value |
|---|---|
| Total Revenue (FY 2023) | RMB 21.4 billion |
| Net Profit (FY 2023) | RMB 1.3 billion |
| Gross Margin | ~48% |
| Online Sales Proportion | 35% of revenue |
| Store Network | Approx. 4,800 retail locations (domestic + franchised) |
| R&D & Digital Investment | ~3.5% of revenue allocated to digitalization & design capability |
| Sustainability Targets | 30% reduction in carbon intensity per garment (5-year target); 25% eco-material mix target |
- Innovation → SKU velocity, time-to-market (weeks), product renewal rate.
- Sustainability → % eco-materials, carbon intensity per unit, water usage per unit.
- Customer-centricity → repeat purchase rate, NPS, average order value (AOV).
- Teamwork → internal promotion rate, cross-functional project completion rate.
- Integrity → supplier audit pass rate, ESG disclosure score.
- Respect for virtue & talent → employee retention, training hours per employee.
- Capital allocation: balanced reinvestment into store upgrades, digital platforms, and sustainability capex to support long-term brand and margin resilience.
- Performance indicators: management emphasizes same-store sales growth, gross margin preservation, and controlled SG&A as primary levers for profitability expansion.

Ningbo Peacebird Fashion Co.,Ltd. (603877.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.