ASAmer Sports, Inc.

Apparel & Other Finishd Prods Of Fabrics & Similar Matl

Revenue: —
Operating margin: —
EBITDA: —
Market cap: $16.4B
Employees: —
Net debt / EBITDA: —
AI in 10-K: —

Takeover score 2 of 13

Fixable underperformance 0 of 7

TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
—
Cash flow under 80% of net income
Dilutive SBCNo
—
Over 10% of revenue
Payouts exceed cash flowNo
—
Buybacks + dividends over cash flow
Goodwill-heavyNo
—
Over 40% of assets
Shareholder dissentNo
—
Any vote under 80% support

Buyer economics 0 of 4

Low revenue per employeeNo
—
Bottom quartile of its SIC industry
Quiet on AINo
—
Bottom quartile of AI mentions in 10-Ks
Net cashNo
—
More cash than debt, positive EBITDA
Buyout-sizedNo
$16.4B market cap
Market cap $500M–$5B

Catalysts 2 of 2

Active 13DYes
1 filing
Active-intent 13D in 18 months
Net insider sellingYes
−$33M net
Net sales over $10M in 12 months

Financials

No XBRL financials yet.

Deal filings

None.

13D filers

Filed	Filer	Form	Stake	Intent
Aug 24, 2026	Tencent Holdings Ltd	SCHEDULE 13D/A	2.7%	Active
Aug 26, 2025	Wilson Dennis J.	SCHEDULE 13D/A	36.0%	Passive
Jun 2, 2025	FountainVest China Capital Partners GP3 Ltd.	SCHEDULE 13D/A	12.1%	Passive
Dec 20, 2024	FountainVest China Capital Partners GP3 Ltd.	SCHEDULE 13D/A	25.3%	Passive
Dec 12, 2024	Wilson Dennis J.	SC 13D/A	18.8%	Active
Dec 10, 2024	ANLLIAN Sports Products Ltd	SC 13D/A	42.5%	Passive
Feb 15, 2024	Wilson Dennis J.	SC 13D	20.6%	Active
Feb 15, 2024	FountainVest China Capital Partners GP3 Ltd.	SC 13D	27.2%	Passive
Feb 15, 2024	ANLLIAN Sports Products Ltd	SC 13D	46.0%	Passive
Feb 9, 2024	Tencent Holdings Ltd	SC 13D	6.5%	Active

Insider trading

Open-market buys, 12 mo: $0 · 0
Open-market sells, 12 mo: $33M · 14
Net: −$33M

Pay vs performance

No pay-versus-performance disclosure yet.