Qingdao Footwear, Inc. (QING) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 0.00 means the share price is 0.00 times one year of earnings per share. Beta 2.44: the stock has moved about 144% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerQingdao Footwear, Inc. (QING) trades at $0.0001. Qingdao Footwear, Inc. designs and retails branded footwear in Northern China, focusing on men's and women's leather shoes under the Hongguan brand. Sector: Consumer discretionary.
Price as of · Last analyzed: Mar 16, 2026Analyst Coverage for QING: QING does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Qingdao Footwear, Inc. (QING) Consumer Business Overview
Qingdao Footwear, Inc. is a Northern China-based designer and retailer of branded footwear, specializing in leather shoes under the Hongguan brand. The company operates in the competitive apparel and accessories market, distributing through its own stores, independent distributors, and third-party retailers, with a focus on the greater Qingdao region.
What Is the Investment Thesis for QING?
Qingdao Footwear, Inc. presents a focused investment opportunity within the Northern China footwear market. The company's established Hongguan brand and multi-channel distribution network provide a foundation for potential growth. With a profit margin of 18.9% and a gross margin of 45.5%, the company demonstrates reasonable profitability in its operations. Key value drivers include expanding its retail presence within the Qingdao region and optimizing its distribution network to reach a wider customer base. However, the company's OTC listing and relatively small size introduce liquidity and transparency risks. Future growth hinges on effective brand management, supply chain efficiency, and the ability to adapt to evolving consumer preferences in the footwear market. The high beta of 2.44 suggests significant volatility relative to the market.
Based on FMP financials and quantitative analysis
QING Key Highlights
Profit margin of 18.9% indicates solid profitability in its footwear operations.
- Gross margin of 45.5% reflects effective cost management in the production and distribution of leather footwear.
- The company was founded in 2003, establishing a history of operations in the Northern China footwear market.
- Distribution through company-operated stores, independent distributors, and third-party retailers provides a multi-channel approach to reach customers.
- The company focuses on men's and women's leather shoe lines under the Hongguan brand name, targeting a specific segment of the footwear market.
Who Are QING's Competitors?
QING is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| SORA AsiaStrategy | $2.30 | -4.17% | $57.2M | — |
| VRA Vera Bradley, Inc. | $5.94 | -2.94% | $170M | — |
| RCKY Rocky Brands, Inc. | $45.72 | -2.39% | $343M | — |
| CAL Caleres, Inc. | $12.95 | -3.00% | $447M | — |
| WEYS Weyco Group, Inc. | $51.06 | +0.71% | $488M | — |
| FWDI FWDI | $6.61 | -2.79% | $504M | — |
| WINA Winmark Corporation | $279.71 | -2.19% | $1.00B | — |
| WWW Wolverine World Wide, Inc. | $20.28 | -0.39% | $1.66B | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QING's Key Strengths?
Established brand (Hongguan) in Northern China.
- Multi-channel distribution network (own stores, distributors, retailers).
- Focus on leather footwear, catering to a specific market segment.
- Profit margin of 18.9% indicates profitability.
What Are QING's Weaknesses?
Limited geographic focus (Northern China).
- Small company size (85 employees) may limit resources.
- OTC listing introduces liquidity and transparency concerns.
- High beta of 2.44 suggests significant volatility.
What Are the Key Risks for QING?
Financial-distress signal — its Altman Z-Score of 1.31 sits in the distress zone (elevated bankruptcy risk).
- Fluctuations in raw material costs (leather) could impact profitability.
- Changes in consumer preferences and fashion trends could affect demand for Hongguan footwear.
- Competition from larger domestic and international footwear brands.
- Economic downturn in Northern China could reduce consumer spending.
- Limited liquidity due to OTC market trading.
What Are QING's Competitive Advantages?
- Established Hongguan brand in Northern China.
- Multi-channel distribution network.
- Focus on leather footwear.
What Does QING Do?
Founded in 2003 and headquartered in Qingdao, People's Republic of China, Qingdao Footwear, Inc. designs and retails branded footwear, primarily focusing on the Northern China market. The company's core business revolves around the design, manufacturing, and sale of men's and women's leather shoes under its proprietary Hongguan brand. Qingdao Footwear distributes its products through a multi-channel approach, including company-operated retail stores in the greater Qingdao area, a network of authorized independent distributors, and partnerships with third-party retailers. This diversified distribution strategy allows Qingdao Footwear to reach a broad customer base within its target market. The company's focus on leather footwear positions it within a specific niche of the broader apparel and accessories industry, catering to consumers seeking quality leather products. With a team of 85 employees, Qingdao Footwear maintains a relatively lean operational structure, enabling it to adapt to changing market demands and consumer preferences in the dynamic fashion landscape.
What Products and Services Does QING Offer?
- Designs men's and women's leather shoe lines.
- Retails branded footwear under the Hongguan brand name.
- Operates retail stores in the greater Qingdao region.
- Markets products through authorized independent distributors.
- Sells products through third-party retailers.
- Focuses on the Northern China market.
How Does QING Make Money?
- Designs and manufactures leather footwear.
- Sells footwear through its own retail stores.
- Distributes products through independent distributors and third-party retailers.
What Industry Does QING Operate In?
Qingdao Footwear operates within the competitive apparel and footwear industry, specifically targeting the Northern China market. The global footwear market is characterized by evolving consumer preferences, fashion trends, and increasing demand for both athletic and casual footwear. Companies like Qingdao Footwear face competition from both domestic and international brands, as well as from online retailers. The industry is also influenced by factors such as raw material costs, supply chain disruptions, and changing trade regulations. Qingdao Footwear's focus on leather footwear positions it within a specific niche, requiring a focus on quality and brand differentiation to maintain market share. The company's distribution network, combining its own stores with independent distributors and third-party retailers, reflects a common strategy in the industry to reach a broad customer base.
Who Are QING's Key Customers?
- Men and women in Northern China seeking leather footwear.
- Customers who value the Hongguan brand.
- Customers who purchase footwear through retail stores, independent distributors, or third-party retailers.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Key Financial Metrics
Return on assets is 39.4%, showing how much profit it generates from its asset base. QING trades at a trailing price-to-earnings ratio of 0.00, below the Consumer Cyclical sector average of ~33.10x. A current ratio of 0.29 means current liabilities exceed short-term assets, a liquidity point worth watching.
Company Profile
Qingdao Footwear, Inc. operates in the Apparel - Footwear & Accessories industry within the Consumer Cyclical sector. It is headquartered in Qingdao, CN. The company is led by CEO Tao Wang. QING has traded publicly since 2009.
Financial Health
Qingdao Footwear, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.31 places it in the distress zone, a signal of elevated financial risk.
QING Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
QING Latest News
No recent news available for QING.
QING Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for QING.
Price Targets
Wall Street price target analysis for QING.
QING MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for QING; grades run from A+ (80-100) to F (below 30).
Leadership: Tao Wang
CEO
Tao Wang is the CEO of Qingdao Footwear, Inc. leading a team of 85 employees. As CEO, he is responsible for the overall strategic direction and operational management of the company, including product design, manufacturing, distribution, and sales. His leadership is crucial for navigating the competitive footwear market in Northern China.
Track Record: Due to limited information, Tao Wang's specific achievements and strategic decisions as CEO cannot be comprehensively assessed. However, the company's continued operation since 2003 and its established presence in the Northern China market suggest a degree of stability and success under his leadership. The company's profit margin of 18.9% and gross margin of 45.5% also indicate effective management of costs and profitability.
QING OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Qingdao Footwear, Inc. may not meet the minimum financial or disclosure requirements of the higher tiers (OTCQX and OTCQB). Companies in this tier may have limited financial reporting, and investors should exercise caution due to the potential for increased risk and lower transparency compared to companies listed on major exchanges like the NYSE or NASDAQ. OTC Other stocks often have minimal listing standards, leading to a higher concentration of speculative or distressed companies.
- OTC Tier: OTC Other
- Limited financial disclosure increases the risk of investing due to lack of transparency.
- Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
- Potential for price manipulation due to limited regulatory oversight.
- Higher risk of fraud or mismanagement compared to companies listed on major exchanges.
- OTC Other stocks are often more speculative and may be subject to greater volatility.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's liquidity and trading volume.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before making any investment decisions.
- Confirm the company's legal standing and compliance with regulations.
- Company has been in operation since 2003.
- Focus on a specific market niche (leather footwear in Northern China).
- Distribution through multiple channels (own stores, distributors, retailers).
- Presence of a CEO (Tao Wang) indicates leadership structure.
- Positive profit margin of 18.9% suggests a viable business.
What Investors Ask About Qingdao Footwear, Inc. (QING) — Consumer Discretionary
What does Qingdao Footwear, Inc. do?
Qingdao Footwear, Inc. designs, manufactures, and retails branded footwear, primarily men's and women's leather shoes under the Hongguan brand, in Northern China.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Analyst consensus data not available.