공지 • Mar 04
Hamid Fabrics plc Announces Appointment of Maruf Shahria as Company Secretary Hamid Fabrics PLC has informed that Mr. Maruf Shahria has been appointed as the company secretary of the company with effect from February 25, 2025. New Risk • Nov 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (৳837.7m market cap, or US$6.98m). Minor Risk Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). 공지 • Nov 12
Hamid Fabrics PLC to Report Q1, 2025 Results on Nov 13, 2024 Hamid Fabrics PLC announced that they will report Q1, 2025 results on Nov 13, 2024 공지 • Oct 30
Hamid Fabrics PLC, Annual General Meeting, Dec 26, 2024 Hamid Fabrics PLC, Annual General Meeting, Dec 26, 2024, at 11:00 Central Asia Standard Time. 공지 • Oct 21
Hamid Fabrics PLC to Report Fiscal Year 2024 Results on Oct 28, 2024 Hamid Fabrics PLC announced that they will report fiscal year 2024 results on Oct 28, 2024 New Risk • Sep 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.19b (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (৳1.19b market cap, or US$9.96m). New Risk • Jul 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.16b (US$9.84m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (৳1.16b market cap, or US$9.84m). New Risk • May 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.17b (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (৳1.17b market cap, or US$9.92m). 공지 • Apr 26
Hamid Fabrics PLC to Report Q3, 2024 Results on Apr 29, 2024 Hamid Fabrics PLC announced that they will report Q3, 2024 results on Apr 29, 2024 Reported Earnings • Feb 03
Second quarter 2024 earnings released: ৳0.32 loss per share (vs ৳0.045 profit in 2Q 2023) Second quarter 2024 results: ৳0.32 loss per share (down from ৳0.045 profit in 2Q 2023). Revenue: ৳459.4m (down 42% from 2Q 2023). Net loss: ৳29.3m (down ৳33.3m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. 공지 • Jan 29
Hamid Fabrics PLC to Report Q2, 2024 Results on Jan 30, 2024 Hamid Fabrics PLC announced that they will report Q2, 2024 results on Jan 30, 2024 공지 • Dec 05
Hamid Fabrics PLC, Annual General Meeting, Dec 28, 2023 Hamid Fabrics PLC, Annual General Meeting, Dec 28, 2023, at 15:00 Bangladesh Standard Time. Upcoming Dividend • Nov 26
Upcoming dividend of ৳0.50 per share at 2.9% yield Eligible shareholders must have bought the stock before 03 December 2023. Payment date: 28 January 2024. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Bangladeshi dividend payers (3.4%). Higher than average of industry peers (2.6%). 공지 • Oct 26
Hamid Fabrics Limited Recommends Dividend for the Year Ended June 30, 2023 Hamid Fabrics Limited recommended 5% Cash Dividend to General Shareholders other than Sponsors and Directors for the year ended June 30, 2023. 공지 • Oct 19
Hamid Fabrics Limited to Report Fiscal Year 2023 Results on Oct 24, 2023 Hamid Fabrics Limited announced that they will report fiscal year 2023 results on Oct 24, 2023 Reported Earnings • May 11
Third quarter 2023 earnings released: ৳0.03 loss per share (vs ৳0.20 profit in 3Q 2022) Third quarter 2023 results: ৳0.03 loss per share (down from ৳0.20 profit in 3Q 2022). Revenue: ৳549.6m (down 18% from 3Q 2022). Net loss: ৳2.45m (down 113% from profit in 3Q 2022). Reported Earnings • Feb 08
Second quarter 2023 earnings released: EPS: ৳0.045 (vs ৳0.15 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.045 (down from ৳0.15 in 2Q 2022). Revenue: ৳792.2m (up 39% from 2Q 2022). Net income: ৳4.05m (down 71% from 2Q 2022). Profit margin: 0.5% (down from 2.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Upcoming Dividend • Nov 23
Upcoming dividend of ৳0.50 per share Eligible shareholders must have bought the stock before 30 November 2022. Payment date: 29 January 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Bangladeshi dividend payers (3.8%). Lower than average of industry peers (2.7%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director M. Waliuzzaman was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공지 • Nov 01
Hamid Fabrics Limited Recommends Cash Dividend for the Year Ended June 30, 2022 Hamid Fabrics Limited recommended 5% Cash Dividend to General Shareholders other than Sponsors and Directors for the year ended June 30, 2022. Reported Earnings • May 29
Third quarter 2022 earnings released: EPS: ৳0.20 (vs ৳0.34 loss in 3Q 2021) Third quarter 2022 results: EPS: ৳0.20 (up from ৳0.34 loss in 3Q 2021). Revenue: ৳669.7m (up 82% from 3Q 2021). Net income: ৳18.4m (up ৳49.7m from 3Q 2021). Profit margin: 2.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director M. Waliuzzaman was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 09
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ৳0.15 (up from ৳0.58 loss in 2Q 2021). Revenue: ৳572.1m (up 107% from 2Q 2021). Net income: ৳13.9m (up ৳67.0m from 2Q 2021). Profit margin: 2.4% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 22
Upcoming dividend of ৳0.50 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 26 January 2022. Trailing yield: 1.7%. Lower than top quartile of Bangladeshi dividend payers (2.9%). Lower than average of industry peers (2.5%). Is New 90 Day High Low • Jan 25
New 90-day low: ৳16.50 The company is down 34% from its price of ৳24.90 on 27 October 2020. The Bangladeshi market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 16% share price gain to ৳19.40, the stock is trading at a trailing P/E ratio of 22.4x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 21x in the Luxury industry in Bangladesh. Total return to shareholders over the past three years is a loss of 14%. Valuation Update With 7 Day Price Move • Nov 16
Market pulls back on stock over the past week After last week's 17% share price decline to ৳19.80, the stock is trading at a trailing P/E ratio of 22.9x, down from the previous P/E ratio of 27.5x. This compares to an average P/E of 20x in the Luxury industry in Bangladesh. Total return to shareholders over the past three years is a loss of 6.9%. 공지 • Nov 10
Hamid Fabrics Limited to Report Q1, 2021 Results on Nov 11, 2020 Hamid Fabrics Limited announced that they will report Q1, 2021 results on Nov 11, 2020 Is New 90 Day High Low • Oct 06
New 90-day high: ৳26.90 The company is up 71% from its price of ৳15.70 on 08 July 2020. The Bangladeshi market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 18% over the same period.