MS Concept（8447）株式概要MSコンセプト・リミテッドは投資持株会社で、香港でケータリングサービスを提供している。 詳細8447 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6報酬当社が推定した公正価値より80.7%で取引されている リスク分析過去5年間で収益は年間54.9%減少しました。 意味のある時価総額がありません ( HK$51M )最新の財務報告は6か月以上前のものである Hong Kong市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る8447 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueHK$Current PriceHK$0.05183.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-30m356m2016201920222025202620282031Revenue HK$356.0mEarnings HK$27.6mAdvancedSet Fair ValueView all narrativesMS Concept Limited 競合他社THAC Group (Holdings)Symbol: SEHK:8232Market cap: HK$46.3mFulum Group HoldingsSymbol: SEHK:1443Market cap: HK$62.4mTop StandardSymbol: SEHK:8510Market cap: HK$59.2mJin Mi Fang Group HoldingsSymbol: SEHK:8300Market cap: HK$76.7m価格と性能株価の高値、安値、推移の概要MS Concept過去の株価現在の株価HK$0.05152週高値HK$0.09852週安値HK$0.031ベータ0.351ヶ月の変化-37.80%3ヶ月変化-43.33%1年変化50.00%3年間の変化-35.44%5年間の変化-7.27%IPOからの変化-81.45%最新ニュースNew Risk • Jun 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$60.0m market cap, or US$7.66m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$72.0m market cap, or US$9.20m).Board Change • Jan 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Yiu Chung Kwok was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 10MS Concept Limited's (HKG:8447) Share Price Is Matching Sentiment Around Its RevenuesWith a price-to-sales (or "P/S") ratio of 0.1x MS Concept Limited ( HKG:8447 ) may be sending bullish signals at the...お知らせ • Nov 07MS Concept Limited to Report First Half, 2026 Results on Nov 18, 2025MS Concept Limited announced that they will report first half, 2026 results on Nov 18, 2025New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (HK$44.0m market cap, or US$5.61m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).最新情報をもっと見るRecent updatesNew Risk • Jun 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$60.0m market cap, or US$7.66m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$72.0m market cap, or US$9.20m).Board Change • Jan 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Yiu Chung Kwok was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 10MS Concept Limited's (HKG:8447) Share Price Is Matching Sentiment Around Its RevenuesWith a price-to-sales (or "P/S") ratio of 0.1x MS Concept Limited ( HKG:8447 ) may be sending bullish signals at the...お知らせ • Nov 07MS Concept Limited to Report First Half, 2026 Results on Nov 18, 2025MS Concept Limited announced that they will report first half, 2026 results on Nov 18, 2025New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (HK$44.0m market cap, or US$5.61m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).分析記事 • Jul 25We Think Shareholders May Want To Consider A Review Of MS Concept Limited's (HKG:8447) CEO Compensation PackageKey Insights MS Concept's Annual General Meeting to take place on 1st of August CEO John Kwong's total compensation...分析記事 • Jun 25There's Reason For Concern Over MS Concept Limited's (HKG:8447) PriceWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Hospitality industry in Hong Kong, you could be...Reported Earnings • Jun 25Full year 2025 earnings released: HK$0.017 loss per share (vs HK$0.019 loss in FY 2024)Full year 2025 results: HK$0.017 loss per share (improved from HK$0.019 loss in FY 2024). Revenue: HK$253.5m (up 12% from FY 2024). Net loss: HK$17.2m (loss narrowed 7.6% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • Jun 25MS Concept Limited, Annual General Meeting, Aug 01, 2025MS Concept Limited, Annual General Meeting, Aug 01, 2025, at 11:00 China Standard Time. Location: training room 1, level 3, core f, cyberport 3, 100 cyberport road, Hong Kongお知らせ • Jun 12MS Concept Limited to Report Fiscal Year 2025 Results on Jun 24, 2025MS Concept Limited announced that they will report fiscal year 2025 results on Jun 24, 2025New Risk • May 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 73% per year over the past 5 years. Market cap is less than US$10m (HK$32.0m market cap, or US$4.08m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).分析記事 • Jan 24The Market Doesn't Like What It Sees From MS Concept Limited's (HKG:8447) Revenues YetWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...お知らせ • Oct 31MS Concept Limited to Report First Half, 2025 Results on Nov 08, 2024MS Concept Limited announced that they will report first half, 2025 results on Nov 08, 2024Buy Or Sell Opportunity • Oct 25Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to HK$0.038. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Oct 03A Look At The Fair Value Of MS Concept Limited (HKG:8447)Key Insights The projected fair value for MS Concept is HK$0.05 based on 2 Stage Free Cash Flow to Equity MS Concept's...Buy Or Sell Opportunity • Sep 23Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to HK$0.04. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Sep 04Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at HK$0.039. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Aug 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to HK$0.04. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Jul 26Shareholders May Be Wary Of Increasing MS Concept Limited's (HKG:8447) CEO Compensation PackageKey Insights MS Concept will host its Annual General Meeting on 2nd of August Salary of HK$3.60m is part of CEO John...分析記事 • Jun 24Improved Revenues Required Before MS Concept Limited (HKG:8447) Shares Find Their FeetWhen close to half the companies operating in the Hospitality industry in Hong Kong have price-to-sales ratios (or...Reported Earnings • Jun 23Full year 2024 earnings released: HK$0.019 loss per share (vs HK$0.004 profit in FY 2023)Full year 2024 results: HK$0.019 loss per share (down from HK$0.004 profit in FY 2023). Revenue: HK$225.7m (down 9.9% from FY 2023). Net loss: HK$18.6m (down HK$22.6m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.お知らせ • Jun 22MS Concept Limited, Annual General Meeting, Aug 02, 2024MS Concept Limited, Annual General Meeting, Aug 02, 2024, at 11:00 China Standard Time. Location: training room 1, level 3, core f, cyberport 3, 100 cyberport road, Hong KongNew Risk • Jun 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$49.0m market cap, or US$6.28m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change).お知らせ • Jun 13MS Concept Limited to Report Fiscal Year 2024 Results on Jun 21, 2024MS Concept Limited announced that they will report fiscal year 2024 results on Jun 21, 2024New Risk • May 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$40.0m market cap, or US$5.12m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).分析記事 • Dec 30MS Concept Limited's (HKG:8447) Shares Lagging The Industry But So Is The BusinessMS Concept Limited's ( HKG:8447 ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 1.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$41.0m market cap, or US$5.26m).お知らせ • Oct 31MS Concept Limited to Report First Half, 2024 Results on Nov 10, 2023MS Concept Limited announced that they will report first half, 2024 results on Nov 10, 2023分析記事 • Sep 11Here's Why MS Concept (HKG:8447) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: HK$0 (vs HK$0.004 in 1Q 2023)First quarter 2024 results: EPS: HK$0 (down from HK$0.004 in 1Q 2023). Revenue: HK$56.9m (up 4.2% from 1Q 2023). Net loss: HK$1.70m (down 142% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Aug 01MS Concept Limited to Report Q1, 2024 Results on Aug 10, 2023MS Concept Limited announced that they will report Q1, 2024 results on Aug 10, 2023お知らせ • Jun 29MS Concept Limited, Annual General Meeting, Jul 28, 2023MS Concept Limited, Annual General Meeting, Jul 28, 2023, at 11:00 China Standard Time. Location: Training Room 1, Level 3, Core F, Cyberport 3, 100 Cyberport Road Cyberport Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditors of the Company for the year ended 31 March 2023; to consider re-elect Mr. Lai Ming Fai Desmond as an independent non-executive director of the Company; to consider re-elect Mr. Kwok Yiu Chung as an independent non-executive director of the Company; to consider authorise the board of directors of the Company to fix the remuneration of the directors of the Company for the year ending 31 March 2024; to consider re-appoint HLB Hodgson Impey Cheng Limited as the independent auditors of the Company and authorise the Board to fix its remuneration; and to consider other matters.New Risk • Jun 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 325% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$80.0m market cap, or US$10.2m).New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$77.0m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Reported Earnings • Jun 14Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.005 loss in FY 2022)Full year 2023 results: EPS: HK$0.004 (up from HK$0.005 loss in FY 2022). Revenue: HK$250.4m (up 24% from FY 2022). Net income: HK$3.97m (up HK$8.86m from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 02MS Concept Limited to Report Fiscal Year 2023 Results on Jun 13, 2023MS Concept Limited announced that they will report fiscal year 2023 results at 4:00 PM, China Standard Time on Jun 13, 2023分析記事 • Mar 21Is MS Concept (HKG:8447) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: HK$0.003 (vs HK$0.001 in 3Q 2022)Third quarter 2023 results: EPS: HK$0.003 (up from HK$0.001 in 3Q 2022). Revenue: HK$69.1m (up 8.8% from 3Q 2022). Net income: HK$3.04m (up 313% from 3Q 2022). Profit margin: 4.4% (up from 1.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • Feb 01MS Concept Limited to Report Nine Months, 2023 Results on Feb 10, 2023MS Concept Limited announced that they will report nine months, 2023 results on Feb 10, 2023Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: HK$0.002 (vs HK$0.003 in 2Q 2022)Second quarter 2023 results: EPS: HK$0.002 (down from HK$0.003 in 2Q 2022). Revenue: HK$66.2m (up 1.5% from 2Q 2022). Net income: HK$1.66m (down 42% from 2Q 2022). Profit margin: 2.5% (down from 4.4% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Nov 03MS Concept Limited to Report First Half, 2023 Results on Nov 14, 2022MS Concept Limited announced that they will report first half, 2023 results on Nov 14, 2022分析記事 • Sep 02Would MS Concept (HKG:8447) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: HK$0.004 (vs HK$0.001 in 1Q 2022)First quarter 2023 results: EPS: HK$0.004 (up from HK$0.001 in 1Q 2022). Revenue: HK$54.6m (down 2.8% from 1Q 2022). Net income: HK$4.05m (up 482% from 1Q 2022). Profit margin: 7.4% (up from 1.2% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Jul 30MS Concept Limited to Report Q1, 2023 Results on Aug 10, 2022MS Concept Limited announced that they will report Q1, 2023 results on Aug 10, 2022お知らせ • Jun 30MS Concept Limited, Annual General Meeting, Aug 02, 2022MS Concept Limited, Annual General Meeting, Aug 02, 2022, at 11:00 China Standard Time. Location: Training Room 1,Level 3, Core F, Cyberport 3, 100 Cyberport Road Cyberport Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the company and its subsidiaries and the reports of the directors and independent auditors of the company for the year ended 31 March 2022; to re-elect Ms. Kwong Man Yui as an executive director of the company; to re-elect Dr. Cheng Lee Lung as an independent non-executive director of the company; to authorise the board of directors of the company to fix the remuneration of the directors of the company for the year ending 31 March 2023; to re-appoint HLB Hodgson Impey Cheng Limited as the independent auditors of the company and authorise the Board to fix its remuneration; and to consider others.Reported Earnings • Jun 26Full year 2022 earnings released: HK$0.005 loss per share (vs HK$0.004 profit in FY 2021)Full year 2022 results: HK$0.005 loss per share (down from HK$0.004 profit in FY 2021). Revenue: HK$202.8m (up 18% from FY 2021). Net loss: HK$4.90m (down 228% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jun 18MS Concept Limited Provides Earning Guidance for the Year Ended 31 March 2022MS Concept Limited provided earning guidance for the year ended 31 March 2022. After preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022 and assessment of the information currently available, the board (the "Board") of directors of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record an unaudited consolidated loss ofnot more than HK$5.0 million for the Year as compared to the audited consolidated profit of HKD 3.8 million in last year. To the best knowledge of the Directors, the unaudited consolidated loss for the Year was mainly attributable to (a) the outbreak of fifth wave of COVID-19 pandemic in Hong Kong since January 2022 (as explained below); (b) the decrease in government subsidies received during the Year; and (c) the decrease in rent concession granted by landlords during the Year. During the nine months ended 31 December 2021 (the "Period"), the Hong Kong Government relaxed the social distancing measures and overall customer sentiment improved due to the decrease in number of COVID-19 cases. Combined with the launch of Consumption Voucher Scheme by Hong Kong Government since August 2021, the number of customer visits of restaurants increased and the turnover for the Periodincreased accordingly. However, the outbreak of fifth wave of COVID-19 pandemic in Hong Kong since January 2022 caused the Hong Kong Government to relaunch the stringent regulatory restrictions on social distancing applicable to the catering business, negatively impacting the number of customer visits to restaurants and affected the Group's overall profitability during January to March 2022 correspondingly.お知らせ • Jun 03MS Concept Limited to Report Fiscal Year 2022 Results on Jun 15, 2022MS Concept Limited announced that they will report fiscal year 2022 results on Jun 15, 2022Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Mar 21Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Board Change • Mar 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jan 30MS Concept Limited Provides Preliminary Consolidated Earnings Guidance for the Nine Months Ended 31 December 2021MS Concept Limited provided preliminary consolidated earnings guidance for the nine months ended 31 December 2021. After preliminary review of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2021 and assessment of the information currently available, the board of directors of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a decrease in consolidated profit for the Period of not less than 30% as compared to the consolidated profit of corresponding period in last year. During the Period, the overall Hong Kong market has less number of confirmed COVID-19 cases in the community. The Hong Kong Government relaxed the social distancing measures and overall customer sentiment is improving. The number of customer visits of the company's restaurants increased and the turnover for the Period increased by not less than 30% as compared to the turnover of corresponding period in last year. The Group recorded a profit before taxation for the Period of not more than HKD 6.0 million, as compared to the loss before taxation recorded for the corresponding period in last year after exclusion of one-off and non-recurring items as mentioned above.Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS HK$0.003 (vs HK$0.002 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: HK$65.2m (up 77% from 2Q 2021). Net income: HK$2.86m (up HK$4.70m from 2Q 2021). Profit margin: 4.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.分析記事 • Sep 06Is MS Concept (HKG:8447) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 09First quarter 2022 earnings released: EPS HK$0.001 (vs HK$0.005 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: HK$56.2m (up 21% from 1Q 2021). Net income: HK$696.0k (down 85% from 1Q 2021). Profit margin: 1.2% (down from 10% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • Jun 20Full year 2021 earnings released: EPS HK$0.004 (vs HK$0.003 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$172.6m (down 24% from FY 2020). Net income: HK$3.81m (up HK$6.69m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.分析記事 • Feb 08Does The Market Have A Low Tolerance For MS Concept Limited's (HKG:8447) Mixed Fundamentals?With its stock down 8.9% over the past three months, it is easy to disregard MS Concept (HKG:8447). We, however decided...Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS HK$0.003 (vs HK$0.002 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: HK$50.3m (down 20% from 3Q 2020). Net income: HK$3.31m (up 68% from 3Q 2020). Profit margin: 6.6% (up from 3.1% in 3Q 2020). The increase in margin was driven by lower expenses.お知らせ • Jan 26MS Concept Limited to Report Nine Months, 2021 Results on Feb 05, 2021MS Concept Limited announced that they will report nine months, 2021 results on Feb 05, 2021分析記事 • Dec 10MS Concept (HKG:8447) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 15Second quarter 2021 earnings released: HK$0.002 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: HK$36.8m (down 40% from 2Q 2020). Net loss: HK$1.84m (down HK$2.29m from profit in 2Q 2020).お知らせ • Nov 03MS Concept Limited to Report First Half, 2021 Results on Nov 12, 2020MS Concept Limited announced that they will report first half, 2021 results on Nov 12, 2020株主還元8447HK HospitalityHK 市場7D-15.0%-1.6%0.2%1Y50.0%-31.5%5.5%株主還元を見る業界別リターン: 8447過去 1 年間で-31.5 % の収益を上げたHong Kong Hospitality業界を上回りました。リターン対市場: 8447過去 1 年間で5.5 % の収益を上げたHong Kong市場を上回りました。価格変動Is 8447's price volatile compared to industry and market?8447 volatility8447 Average Weekly Movement12.5%Hospitality Industry Average Movement6.4%Market Average Movement7.4%10% most volatile stocks in HK Market16.0%10% least volatile stocks in HK Market3.5%安定した株価: 8447の株価は、 Hong Kong市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 8447の weekly volatility ( 13% ) は過去 1 年間安定していますが、依然としてHong Kongの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2000224John Kwongwww.mrsteak.com.hkMSコンセプト・リミテッドは投資持株会社で、香港でケータリングサービスを提供している。ミスター・ステーキ」ブランドの料理レストラン2軒、「ミスター・ステーキ-ビュッフェ・ア・ラ・ミニット」ブランドのビュッフェ式インターナショナル料理レストラン1軒、「スカイ・バー」ブランドのシーフード料理や各種ワイン、カクテルを提供する西洋料理レストラン1軒、「ビストロ・ブルーム」「ビストロ・ブルーム／マーブリング」ブランドの各種料理を提供するレストラン1軒、「華」ブランドの日本料理レストラン2軒、台湾の「物産火鍋」を含む12のレストランを所有・経営している。同社は2000年に設立され、香港に本社を置いている。MSコンセプト・リミテッドはフューチャー・モア・カンパニー・リミテッドの子会社である。もっと見るMS Concept Limited 基礎のまとめMS Concept の収益と売上を時価総額と比較するとどうか。8447 基礎統計学時価総額HK$51.00m収益（TTM）-HK$550.00k売上高(TTM)HK$253.81m0.2xP/Sレシオ-92.7xPER（株価収益率8447 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計8447 損益計算書（TTM）収益HK$253.81m売上原価HK$103.83m売上総利益HK$149.98mその他の費用HK$150.53m収益-HK$550.00k直近の収益報告Sep 30, 2025次回決算日該当なし一株当たり利益（EPS）-0.00055グロス・マージン59.09%純利益率-0.22%有利子負債／自己資本比率0%8447 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/14 13:24終値2026/06/12 00:00収益2025/09/30年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋MS Concept Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • Jun 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$60.0m market cap, or US$7.66m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).
New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$72.0m market cap, or US$9.20m).
Board Change • Jan 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Yiu Chung Kwok was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 10MS Concept Limited's (HKG:8447) Share Price Is Matching Sentiment Around Its RevenuesWith a price-to-sales (or "P/S") ratio of 0.1x MS Concept Limited ( HKG:8447 ) may be sending bullish signals at the...
お知らせ • Nov 07MS Concept Limited to Report First Half, 2026 Results on Nov 18, 2025MS Concept Limited announced that they will report first half, 2026 results on Nov 18, 2025
New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (HK$44.0m market cap, or US$5.61m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
New Risk • Jun 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$60.0m market cap, or US$7.66m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).
New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (HK$72.0m market cap, or US$9.20m).
Board Change • Jan 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Non-Executive Director Yiu Chung Kwok was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 10MS Concept Limited's (HKG:8447) Share Price Is Matching Sentiment Around Its RevenuesWith a price-to-sales (or "P/S") ratio of 0.1x MS Concept Limited ( HKG:8447 ) may be sending bullish signals at the...
お知らせ • Nov 07MS Concept Limited to Report First Half, 2026 Results on Nov 18, 2025MS Concept Limited announced that they will report first half, 2026 results on Nov 18, 2025
New Risk • Aug 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (HK$44.0m market cap, or US$5.61m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
分析記事 • Jul 25We Think Shareholders May Want To Consider A Review Of MS Concept Limited's (HKG:8447) CEO Compensation PackageKey Insights MS Concept's Annual General Meeting to take place on 1st of August CEO John Kwong's total compensation...
分析記事 • Jun 25There's Reason For Concern Over MS Concept Limited's (HKG:8447) PriceWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Hospitality industry in Hong Kong, you could be...
Reported Earnings • Jun 25Full year 2025 earnings released: HK$0.017 loss per share (vs HK$0.019 loss in FY 2024)Full year 2025 results: HK$0.017 loss per share (improved from HK$0.019 loss in FY 2024). Revenue: HK$253.5m (up 12% from FY 2024). Net loss: HK$17.2m (loss narrowed 7.6% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 25MS Concept Limited, Annual General Meeting, Aug 01, 2025MS Concept Limited, Annual General Meeting, Aug 01, 2025, at 11:00 China Standard Time. Location: training room 1, level 3, core f, cyberport 3, 100 cyberport road, Hong Kong
お知らせ • Jun 12MS Concept Limited to Report Fiscal Year 2025 Results on Jun 24, 2025MS Concept Limited announced that they will report fiscal year 2025 results on Jun 24, 2025
New Risk • May 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 73% per year over the past 5 years. Market cap is less than US$10m (HK$32.0m market cap, or US$4.08m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).
分析記事 • Jan 24The Market Doesn't Like What It Sees From MS Concept Limited's (HKG:8447) Revenues YetWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
お知らせ • Oct 31MS Concept Limited to Report First Half, 2025 Results on Nov 08, 2024MS Concept Limited announced that they will report first half, 2025 results on Nov 08, 2024
Buy Or Sell Opportunity • Oct 25Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to HK$0.038. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Oct 03A Look At The Fair Value Of MS Concept Limited (HKG:8447)Key Insights The projected fair value for MS Concept is HK$0.05 based on 2 Stage Free Cash Flow to Equity MS Concept's...
Buy Or Sell Opportunity • Sep 23Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to HK$0.04. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Sep 04Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at HK$0.039. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Aug 07Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.0% to HK$0.04. The fair value is estimated to be HK$0.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Jul 26Shareholders May Be Wary Of Increasing MS Concept Limited's (HKG:8447) CEO Compensation PackageKey Insights MS Concept will host its Annual General Meeting on 2nd of August Salary of HK$3.60m is part of CEO John...
分析記事 • Jun 24Improved Revenues Required Before MS Concept Limited (HKG:8447) Shares Find Their FeetWhen close to half the companies operating in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
Reported Earnings • Jun 23Full year 2024 earnings released: HK$0.019 loss per share (vs HK$0.004 profit in FY 2023)Full year 2024 results: HK$0.019 loss per share (down from HK$0.004 profit in FY 2023). Revenue: HK$225.7m (down 9.9% from FY 2023). Net loss: HK$18.6m (down HK$22.6m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 22MS Concept Limited, Annual General Meeting, Aug 02, 2024MS Concept Limited, Annual General Meeting, Aug 02, 2024, at 11:00 China Standard Time. Location: training room 1, level 3, core f, cyberport 3, 100 cyberport road, Hong Kong
New Risk • Jun 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$49.0m market cap, or US$6.28m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change).
お知らせ • Jun 13MS Concept Limited to Report Fiscal Year 2024 Results on Jun 21, 2024MS Concept Limited announced that they will report fiscal year 2024 results on Jun 21, 2024
New Risk • May 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$40.0m market cap, or US$5.12m). Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end).
分析記事 • Dec 30MS Concept Limited's (HKG:8447) Shares Lagging The Industry But So Is The BusinessMS Concept Limited's ( HKG:8447 ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment...
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 1.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.4% per year over the past 5 years. Market cap is less than US$10m (HK$41.0m market cap, or US$5.26m).
お知らせ • Oct 31MS Concept Limited to Report First Half, 2024 Results on Nov 10, 2023MS Concept Limited announced that they will report first half, 2024 results on Nov 10, 2023
分析記事 • Sep 11Here's Why MS Concept (HKG:8447) Can Afford Some DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 12First quarter 2024 earnings released: EPS: HK$0 (vs HK$0.004 in 1Q 2023)First quarter 2024 results: EPS: HK$0 (down from HK$0.004 in 1Q 2023). Revenue: HK$56.9m (up 4.2% from 1Q 2023). Net loss: HK$1.70m (down 142% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Aug 01MS Concept Limited to Report Q1, 2024 Results on Aug 10, 2023MS Concept Limited announced that they will report Q1, 2024 results on Aug 10, 2023
お知らせ • Jun 29MS Concept Limited, Annual General Meeting, Jul 28, 2023MS Concept Limited, Annual General Meeting, Jul 28, 2023, at 11:00 China Standard Time. Location: Training Room 1, Level 3, Core F, Cyberport 3, 100 Cyberport Road Cyberport Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and independent auditors of the Company for the year ended 31 March 2023; to consider re-elect Mr. Lai Ming Fai Desmond as an independent non-executive director of the Company; to consider re-elect Mr. Kwok Yiu Chung as an independent non-executive director of the Company; to consider authorise the board of directors of the Company to fix the remuneration of the directors of the Company for the year ending 31 March 2024; to consider re-appoint HLB Hodgson Impey Cheng Limited as the independent auditors of the Company and authorise the Board to fix its remuneration; and to consider other matters.
New Risk • Jun 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 325% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (HK$80.0m market cap, or US$10.2m).
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (HK$77.0m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Reported Earnings • Jun 14Full year 2023 earnings released: EPS: HK$0.004 (vs HK$0.005 loss in FY 2022)Full year 2023 results: EPS: HK$0.004 (up from HK$0.005 loss in FY 2022). Revenue: HK$250.4m (up 24% from FY 2022). Net income: HK$3.97m (up HK$8.86m from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 02MS Concept Limited to Report Fiscal Year 2023 Results on Jun 13, 2023MS Concept Limited announced that they will report fiscal year 2023 results at 4:00 PM, China Standard Time on Jun 13, 2023
分析記事 • Mar 21Is MS Concept (HKG:8447) Using Debt In A Risky Way?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Feb 12Third quarter 2023 earnings released: EPS: HK$0.003 (vs HK$0.001 in 3Q 2022)Third quarter 2023 results: EPS: HK$0.003 (up from HK$0.001 in 3Q 2022). Revenue: HK$69.1m (up 8.8% from 3Q 2022). Net income: HK$3.04m (up 313% from 3Q 2022). Profit margin: 4.4% (up from 1.2% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • Feb 01MS Concept Limited to Report Nine Months, 2023 Results on Feb 10, 2023MS Concept Limited announced that they will report nine months, 2023 results on Feb 10, 2023
Reported Earnings • Nov 20Second quarter 2023 earnings released: EPS: HK$0.002 (vs HK$0.003 in 2Q 2022)Second quarter 2023 results: EPS: HK$0.002 (down from HK$0.003 in 2Q 2022). Revenue: HK$66.2m (up 1.5% from 2Q 2022). Net income: HK$1.66m (down 42% from 2Q 2022). Profit margin: 2.5% (down from 4.4% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 03MS Concept Limited to Report First Half, 2023 Results on Nov 14, 2022MS Concept Limited announced that they will report first half, 2023 results on Nov 14, 2022
分析記事 • Sep 02Would MS Concept (HKG:8447) Be Better Off With Less Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: HK$0.004 (vs HK$0.001 in 1Q 2022)First quarter 2023 results: EPS: HK$0.004 (up from HK$0.001 in 1Q 2022). Revenue: HK$54.6m (down 2.8% from 1Q 2022). Net income: HK$4.05m (up 482% from 1Q 2022). Profit margin: 7.4% (up from 1.2% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Jul 30MS Concept Limited to Report Q1, 2023 Results on Aug 10, 2022MS Concept Limited announced that they will report Q1, 2023 results on Aug 10, 2022
お知らせ • Jun 30MS Concept Limited, Annual General Meeting, Aug 02, 2022MS Concept Limited, Annual General Meeting, Aug 02, 2022, at 11:00 China Standard Time. Location: Training Room 1,Level 3, Core F, Cyberport 3, 100 Cyberport Road Cyberport Hong Kong Agenda: To consider and receive the audited consolidated financial statements of the company and its subsidiaries and the reports of the directors and independent auditors of the company for the year ended 31 March 2022; to re-elect Ms. Kwong Man Yui as an executive director of the company; to re-elect Dr. Cheng Lee Lung as an independent non-executive director of the company; to authorise the board of directors of the company to fix the remuneration of the directors of the company for the year ending 31 March 2023; to re-appoint HLB Hodgson Impey Cheng Limited as the independent auditors of the company and authorise the Board to fix its remuneration; and to consider others.
Reported Earnings • Jun 26Full year 2022 earnings released: HK$0.005 loss per share (vs HK$0.004 profit in FY 2021)Full year 2022 results: HK$0.005 loss per share (down from HK$0.004 profit in FY 2021). Revenue: HK$202.8m (up 18% from FY 2021). Net loss: HK$4.90m (down 228% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 18MS Concept Limited Provides Earning Guidance for the Year Ended 31 March 2022MS Concept Limited provided earning guidance for the year ended 31 March 2022. After preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 March 2022 and assessment of the information currently available, the board (the "Board") of directors of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record an unaudited consolidated loss ofnot more than HK$5.0 million for the Year as compared to the audited consolidated profit of HKD 3.8 million in last year. To the best knowledge of the Directors, the unaudited consolidated loss for the Year was mainly attributable to (a) the outbreak of fifth wave of COVID-19 pandemic in Hong Kong since January 2022 (as explained below); (b) the decrease in government subsidies received during the Year; and (c) the decrease in rent concession granted by landlords during the Year. During the nine months ended 31 December 2021 (the "Period"), the Hong Kong Government relaxed the social distancing measures and overall customer sentiment improved due to the decrease in number of COVID-19 cases. Combined with the launch of Consumption Voucher Scheme by Hong Kong Government since August 2021, the number of customer visits of restaurants increased and the turnover for the Periodincreased accordingly. However, the outbreak of fifth wave of COVID-19 pandemic in Hong Kong since January 2022 caused the Hong Kong Government to relaunch the stringent regulatory restrictions on social distancing applicable to the catering business, negatively impacting the number of customer visits to restaurants and affected the Group's overall profitability during January to March 2022 correspondingly.
お知らせ • Jun 03MS Concept Limited to Report Fiscal Year 2022 Results on Jun 15, 2022MS Concept Limited announced that they will report fiscal year 2022 results on Jun 15, 2022
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Mar 21Does MS Concept (HKG:8447) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Board Change • Mar 21Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Lee Lung Cheng was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 30MS Concept Limited Provides Preliminary Consolidated Earnings Guidance for the Nine Months Ended 31 December 2021MS Concept Limited provided preliminary consolidated earnings guidance for the nine months ended 31 December 2021. After preliminary review of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2021 and assessment of the information currently available, the board of directors of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a decrease in consolidated profit for the Period of not less than 30% as compared to the consolidated profit of corresponding period in last year. During the Period, the overall Hong Kong market has less number of confirmed COVID-19 cases in the community. The Hong Kong Government relaxed the social distancing measures and overall customer sentiment is improving. The number of customer visits of the company's restaurants increased and the turnover for the Period increased by not less than 30% as compared to the turnover of corresponding period in last year. The Group recorded a profit before taxation for the Period of not more than HKD 6.0 million, as compared to the loss before taxation recorded for the corresponding period in last year after exclusion of one-off and non-recurring items as mentioned above.
Reported Earnings • Nov 13Second quarter 2022 earnings released: EPS HK$0.003 (vs HK$0.002 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: HK$65.2m (up 77% from 2Q 2021). Net income: HK$2.86m (up HK$4.70m from 2Q 2021). Profit margin: 4.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
分析記事 • Sep 06Is MS Concept (HKG:8447) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 09First quarter 2022 earnings released: EPS HK$0.001 (vs HK$0.005 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: HK$56.2m (up 21% from 1Q 2021). Net income: HK$696.0k (down 85% from 1Q 2021). Profit margin: 1.2% (down from 10% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • Jun 20Full year 2021 earnings released: EPS HK$0.004 (vs HK$0.003 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: HK$172.6m (down 24% from FY 2020). Net income: HK$3.81m (up HK$6.69m from FY 2020). Profit margin: 2.2% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings.
分析記事 • Feb 08Does The Market Have A Low Tolerance For MS Concept Limited's (HKG:8447) Mixed Fundamentals?With its stock down 8.9% over the past three months, it is easy to disregard MS Concept (HKG:8447). We, however decided...
Reported Earnings • Feb 06Third quarter 2021 earnings released: EPS HK$0.003 (vs HK$0.002 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: HK$50.3m (down 20% from 3Q 2020). Net income: HK$3.31m (up 68% from 3Q 2020). Profit margin: 6.6% (up from 3.1% in 3Q 2020). The increase in margin was driven by lower expenses.
お知らせ • Jan 26MS Concept Limited to Report Nine Months, 2021 Results on Feb 05, 2021MS Concept Limited announced that they will report nine months, 2021 results on Feb 05, 2021
分析記事 • Dec 10MS Concept (HKG:8447) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 15Second quarter 2021 earnings released: HK$0.002 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: HK$36.8m (down 40% from 2Q 2020). Net loss: HK$1.84m (down HK$2.29m from profit in 2Q 2020).
お知らせ • Nov 03MS Concept Limited to Report First Half, 2021 Results on Nov 12, 2020MS Concept Limited announced that they will report first half, 2021 results on Nov 12, 2020
