Man Wah Holdings Past Earnings Performance

Past criteria checks 5/6

Man Wah Holdings has been growing earnings at an average annual rate of 8.8%, while the Consumer Durables industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 10.7% per year. Man Wah Holdings's return on equity is 18.3%, and it has net margins of 12.5%.

Key information

8.8%

Earnings growth rate

8.2%

EPS growth rate

Consumer Durables Industry Growth	-22.9%
Revenue growth rate	10.7%
Return on equity	18.3%
Net Margin	12.5%
Next Earnings Update	22 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Man Wah Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:AAM Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	18,411	2,302	4,270
31 Dec 23	17,705	2,131	4,141
30 Sep 23	17,000	1,959	4,011
30 Jun 23	17,175	1,937	4,188
31 Mar 23	17,351	1,915	4,365
31 Dec 22	18,961	2,133	4,733
30 Sep 22	20,571	2,351	5,101
30 Jun 22	21,034	2,299	5,172
31 Mar 22	21,497	2,247	5,243
31 Dec 21	20,754	2,205	5,093
30 Sep 21	20,012	2,163	4,943
30 Jun 21	18,223	2,044	4,420
31 Mar 21	16,434	1,925	3,897
31 Dec 20	14,811	1,803	3,391
30 Sep 20	13,189	1,682	2,885
30 Jun 20	12,666	1,660	2,754
31 Mar 20	12,144	1,638	2,624
31 Dec 19	11,754	1,521	2,558
30 Sep 19	11,363	1,404	2,492
30 Jun 19	11,310	1,384	2,424
31 Mar 19	11,258	1,364	2,356
31 Dec 18	11,073	1,386	2,325
30 Sep 18	10,887	1,408	2,293
30 Jun 18	10,457	1,472	2,214
31 Mar 18	10,027	1,536	2,135
31 Dec 17	9,420	1,599	1,967
30 Sep 17	8,813	1,662	1,799
30 Jun 17	8,296	1,707	1,668
31 Mar 17	7,779	1,752	1,537
31 Dec 16	7,508	1,675	1,513
30 Sep 16	7,237	1,597	1,489
30 Jun 16	7,282	1,462	1,532
31 Mar 16	7,328	1,327	1,574
31 Dec 15	7,183	1,230	1,523
30 Sep 15	7,039	1,133	1,471
30 Jun 15	6,797	1,104	1,418
31 Mar 15	6,555	1,075	1,364
31 Dec 14	6,431	1,053	1,343
30 Sep 14	6,307	1,031	1,322
30 Jun 14	6,149	1,004	1,317
31 Mar 14	5,991	977	1,311
31 Dec 13	5,676	914	1,287

Quality Earnings: AAM has high quality earnings.

Growing Profit Margin: AAM's current net profit margins (12.5%) are higher than last year (11%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AAM's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: AAM's earnings growth over the past year (20.2%) exceeds its 5-year average (8.8% per year).

Earnings vs Industry: AAM earnings growth over the past year (20.2%) exceeded the Consumer Durables industry -2.2%.

Man Wah Holdings Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Man Wah Holdings Limited to Report Q2, 2025 Results on Nov 22, 2024

Full year 2024 earnings released: EPS: HK$0.59 (vs HK$0.49 in FY 2023)

Man Wah Holdings Limited to Report Fiscal Year 2024 Results on May 16, 2024

Man Wah Holdings Limited to Report First Half, 2024 Results on Nov 15, 2023

Full year 2023 earnings released: EPS: HK$0.49 (vs HK$0.57 in FY 2022)

First half 2023 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2022)

Recent updates

Man Wah Holdings Limited to Report Q2, 2025 Results on Nov 22, 2024

New minor risk - Share price stability

Now 21% overvalued

Man Wah Holdings Limited Approves Final Dividend for the Year Ended 31 March 2024, Payable on or Before 22 July 2024

Full year 2024 earnings released: EPS: HK$0.59 (vs HK$0.49 in FY 2023)

Final dividend of HK$0.15 announced

Man Wah Holdings Limited, Annual General Meeting, Jun 24, 2024

Man Wah Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2024, Payable on 2 July 2024

Man Wah Holdings Limited to Report Fiscal Year 2024 Results on May 16, 2024

Man Wah Holdings Limited Declares Interim Dividend for the Six Months Ended September 30, 2023, Payable on 2 January 2024

Upcoming dividend of HK$0.15 per share at 4.5% yield

Man Wah Holdings Limited Declares Interim Dividend for the Six Months Ended September 30, 2023, Payable on December 21, 2023

Man Wah Holdings Limited to Report First Half, 2024 Results on Nov 15, 2023

Chairman recently bought €2.1m worth of stock

Man Wah Holdings Limited Declares Final Dividend for the Year Ended 31 March 2023, Payable on or Before 20 July 2023

Upcoming dividend of HK$0.10 per share at 5.0% yield

Man Wah Holdings Limited Announces Executive Changes, Effective 1 June 2023

Full year 2023 earnings released: EPS: HK$0.49 (vs HK$0.57 in FY 2022)

Man Wah Holdings Limited, Annual General Meeting, Jun 30, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of HK$0.15 per share

First half 2023 earnings released: EPS: HK$0.28 (vs HK$0.25 in 1H 2022)

Less than half of directors are independent

Man Wah Holdings Limited Announces Interim Dividend for the Six Months Ended 30 September 2022, Payable on 16 December 2022

Man Wah Holdings Limited to Report First Half, 2023 Results on Nov 15, 2022

Man Wah Holdings Appoints Jay Quimby as Senior Vice President of Sales

Chairman recently bought €4.2m worth of stock

Man Wah Holdings Limited Approves Final Dividend for the Year Ended 31 March 2022, Payable on or before 21 July 2022

Upcoming dividend of HK$0.17 per share

Man Wah Holdings Limited, Annual General Meeting, Jun 30, 2022

Full year 2022 earnings released: EPS: HK$0.57 (vs HK$0.50 in FY 2021)

Man Wah Holdings Limited Proposes Final Dividend for the Year Ended 31 March 2022, Payable on 21 July 2022

Man Wah Holdings Limited to Report Fiscal Year 2022 Results on May 16, 2022

Less than half of directors are independent

Chairman recently bought €2.0m worth of stock

Investor sentiment improved over the past week

Man Wah Holdings Limited Announces Executive Changes Effective from 28 February 2022

Upcoming dividend of HK$0.13 per share

First half 2022 earnings released: EPS HK$0.25 (vs HK$0.20 in 1H 2021)

Upcoming dividend of HK$0.16 per share

Man Wah Holdings Limited Announces Proposes Final Dividend for the Fiscal Year 2021, Payable on 22 July 2021

Full year 2021 earnings released: EPS HK$0.50 (vs HK$0.43 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: €2.04

Man Wah Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 2.3775 billion.

New 90-day high: €1.82

Man Wah Holdings Limited Announces Executive Changes, Effective December 31, 2020

New 90-day high: €1.69

First half 2021 earnings released: EPS HK$0.20

Upcoming Dividend of HK$0.10 Per Share

First half 2021 earnings released: EPS HK$0.20

New 90-day high: €1.37

Market bids up stock over the past week

Man Wah Holdings Limited Appoints Feng Guohua as the Chief Executive Officer with Effect from November 3, 2020

Man Wah Holdings Limited Appoints Feng Guohua as an Executive Director with Effect from November 3, 2020

Man Wah Holdings Limited (SEHK:1999) signed a framework agreement to acquire HTL Capital Pte. Ltd. and HTL Manufacturing Pte. Ltd. from Golden Hill Capital Pte. Ltd. for $120 million.

Man Wah Holdings Limited to Report First Half, 2021 Results on Nov 13, 2020

New 90-day high - €1.14

New 90-day high - €1.05

Man Wah Holdings Limited (SEHK:1999) signed a framework agreement to acquire a 60% stake in HTL International Holdings Limited from Ideal Homes International Limited for $94.2 million.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed