XHKG3828
Market cap73mUSD
Dec 23, Last price
0.79HKD
1D
1.28%
1Q
5.33%
Jan 2017
-35.77%
IPO
-68.15%
Name
Ming Fai International Holdings Ltd
Chart & Performance
Profile
Ming Fai International Holdings Limited, an investment holding company, manufactures and trades in hospitality supplies, and trades in operating supplies and equipment in Hong Kong, North America, Europe, the People's Republic of China, Australia, other Asia Pacific regions, and internationally. It provides bath mats, acrylic hotel supplies, leather and resin collections, portable cables, umbrellas, compact mirrors, and other guest room collections; and safe deposit boxes, digital bathroom scales, flashlights, mini refrigerators, electric kettles, telephones, hairdryers/irons, digital clocks, and other electronic supplies. The company also offers lobby supplies comprising message boards and signs, luggage and housekeeping carts, hotel railing stands, ashtrays, outdoor trushbins, podiums, umbrella and luggage stands, garment and hat stands, beverage carts, signage and equipment, and others; and janitorial supplies, such as cleaning equipment and tools, trash bins, cleaning detergents, and others. In addition, it provides glassware products; kitchenware products, including Western kitchen and tableware, knife and forks, buffet collections, and kitchen appliances; melamine tableware; child care cribs; dispenser and bath products; and towels, beddings, table linens, shoes, bathrobes, accessories, and mattresses. Further, the company offers ceramic collections, plates, bowls, ceramic soup tureen, coffee and tea porcelain, color glazed porcelain, Japan and Korea porcelain, sand and stone pots, coarse pottery, and other ceramic and porcelain products. The company was founded in 1980 and is headquartered in Tsuen Wan, Hong Kong.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,067,273 15.30% | 1,793,025 24.88% | 1,435,826 6.11% | |||||||
Cost of revenue | 1,935,683 | 1,698,603 | 1,483,771 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 131,590 | 94,422 | (47,945) | |||||||
NOPBT Margin | 6.37% | 5.27% | ||||||||
Operating Taxes | 48,443 | 20,144 | 3,520 | |||||||
Tax Rate | 36.81% | 21.33% | ||||||||
NOPAT | 83,147 | 74,278 | (51,465) | |||||||
Net income | 104,181 37.97% | 75,511 -177.11% | (97,925) -223.88% | |||||||
Dividends | (36,160) | (7,231) | (10,924) | |||||||
Dividend yield | 8.19% | 1.95% | 3.49% | |||||||
Proceeds from repurchase of equity | (4,290) | |||||||||
BB yield | 1.16% | |||||||||
Debt | ||||||||||
Debt current | 69,972 | 131,199 | 159,458 | |||||||
Long-term debt | 13,116 | 15,040 | 11,015 | |||||||
Deferred revenue | 1 | |||||||||
Other long-term liabilities | 9,023 | 9,967 | 11,829 | |||||||
Net debt | (299,275) | (150,595) | (70,485) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 228,656 | 129,754 | (98,650) | |||||||
CAPEX | (60,621) | (25,014) | (44,774) | |||||||
Cash from investing activities | (59,325) | (23,643) | (38,794) | |||||||
Cash from financing activities | (103,410) | (45,388) | (8,034) | |||||||
FCF | 153,265 | 116,044 | (119,408) | |||||||
Balance | ||||||||||
Cash | 376,792 | 305,356 | 251,164 | |||||||
Long term investments | 5,571 | (8,522) | (10,206) | |||||||
Excess cash | 278,999 | 207,183 | 169,167 | |||||||
Stockholders' equity | 571,010 | 442,878 | 487,236 | |||||||
Invested Capital | 998,012 | 1,052,114 | 1,094,123 | |||||||
ROIC | 8.11% | 6.92% | ||||||||
ROCE | 10.23% | 7.46% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 723,839 | 725,699 | 728,839 | |||||||
Price | 0.61 19.61% | 0.51 18.60% | 0.43 -40.28% | |||||||
Market cap | 441,542 19.30% | 370,106 18.09% | 313,401 -40.32% | |||||||
EV | 84,733 | 169,859 | 196,760 | |||||||
EBITDA | 193,445 | 159,482 | 17,672 | |||||||
EV/EBITDA | 0.44 | 1.07 | 11.13 | |||||||
Interest | 6,250 | 4,718 | 2,425 | |||||||
Interest/NOPBT | 4.75% | 5.00% |