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Meilleure Health International Industry Group

Market Cap

HK$1.8b

Last Updated

2021/05/09 10:19 UTC

Data Sources

Company Financials +

Executive Summary

Meilleure Health International Industry Group Limited, an investment holding company, engages in industrial hemp, healthcare-related, trading, agency service, property investment and leasing, and property development businesses in Hong Kong, the People’s Republic of China, and internationally. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Meilleure Health International Industry Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2327 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 2327's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

0%

2327

3.8%

HK Trade Distributors

-0.5%

HK Market


1 Year Return

32.8%

2327

36.5%

HK Trade Distributors

25.4%

HK Market

Return vs Industry: 2327 underperformed the Hong Kong Trade Distributors industry which returned 35.6% over the past year.

Return vs Market: 2327 exceeded the Hong Kong Market which returned 25.5% over the past year.


Shareholder returns

2327IndustryMarket
7 Day0%3.8%-0.5%
30 Day-5.6%5.8%-0.9%
90 Day-22.7%18.4%-3.2%
1 Year32.8%32.8%41.2%36.5%30.2%25.4%
3 Year1.2%1.2%-41.9%-44.5%3.0%-7.9%
5 Year33.0%30.8%-42.3%-39.4%61.6%34.1%

Long-Term Price Volatility Vs. Market

How volatile is Meilleure Health International Industry Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Meilleure Health International Industry Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2327 (HK$0.43) is trading below our estimate of fair value (HK$0.94)

Significantly Below Fair Value: 2327 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2327 is poor value based on its PE Ratio (21.8x) compared to the HK Trade Distributors industry average (13x).

PE vs Market: 2327 is poor value based on its PE Ratio (21.8x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2327's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2327 is overvalued based on its PB Ratio (1.3x) compared to the HK Trade Distributors industry average (0.5x).


Future Growth

How is Meilleure Health International Industry Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 2327's forecast earnings growth is above the savings rate (1.5%).

Earnings vs Market: Insufficient data to determine if 2327's earnings are forecast to grow faster than the Hong Kong market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2327's revenue (13% per year) is forecast to grow faster than the Hong Kong market (12.5% per year).

High Growth Revenue: 2327's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 2327's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Meilleure Health International Industry Group performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2327 has a large one-off gain of HK$43.9M impacting its December 31 2020 financial results.

Growing Profit Margin: 2327 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 2327's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: 2327 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2327 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (5.5%).


Return on Equity

High ROE: 2327's Return on Equity (6.1%) is considered low.


Financial Health

How is Meilleure Health International Industry Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2327's short term assets (HK$960.2M) exceed its short term liabilities (HK$108.9M).

Long Term Liabilities: 2327's short term assets (HK$960.2M) exceed its long term liabilities (HK$190.7M).


Debt to Equity History and Analysis

Debt Level: 2327's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: 2327's debt to equity ratio has increased from 0.09% to 10.7% over the past 5 years.

Debt Coverage: 2327's debt is well covered by operating cash flow (46.9%).

Interest Coverage: 2327's interest payments on its debt are well covered by EBIT (11.9x coverage).


Balance Sheet


Dividend

What is Meilleure Health International Industry Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2327's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2327's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2327's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2327's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2327 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2327's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Wen Chuan Zhou (37 yo)

7.67yrs

Tenure

HK$800,000

Compensation

Ms. Wen Chuan Zhou has been the Chief Executive Officer and Executive Director of Meilleure Health International Industry Group Limited (formerly known as U-Home Group Holdings Limited) since September 23,...


CEO Compensation Analysis

Compensation vs Market: Wen Chuan's total compensation ($USD103.01K) is below average for companies of similar size in the Hong Kong market ($USD294.78K).

Compensation vs Earnings: Wen Chuan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 2327's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: 2327's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2327 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Meilleure Health International Industry Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Meilleure Health International Industry Group Limited
  • Ticker: 2327
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$1.815b
  • Shares outstanding: 4.27b
  • Website: https://www.meilleure.com.cn

Number of Employees


Location

  • Meilleure Health International Industry Group Limited
  • Unit 2906, Tower 1
  • Lippo Centre
  • Admiralty
  • Hong Kong

Listings


Biography

Meilleure Health International Industry Group Limited, an investment holding company, engages in industrial hemp, healthcare-related, trading, agency service, property investment and leasing, and property ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 10:19
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.