SEHK:8152

Stock Analysis Report

Executive Summary

M&L Holdings Group Limited, an investment holding company, engages in the trading and leasing of construction machinery and spare parts primarily in Hong Kong, the People's Republic of China, and Singapore.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Share Price & News

How has M&L Holdings Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.5%

8152

7.5%

HK Trade Distributors

0.9%

HK Market


1 Year Return

-39.7%

8152

12.8%

HK Trade Distributors

0.6%

HK Market

Return vs Industry: 8152 underperformed the Hong Kong Trade Distributors industry which returned 12.8% over the past year.

Return vs Market: 8152 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

8152IndustryMarket
7 Day-4.5%7.5%0.9%
30 Day-9.5%-5.7%0.5%
90 Day5.0%8.1%-4.3%
1 Year-39.7%-39.7%16.3%12.8%4.2%0.6%
3 Yearn/a-5.7%-14.5%15.6%4.0%
5 Yearn/a-37.9%-50.4%20.0%-0.08%

Price Volatility Vs. Market

How volatile is M&L Holdings Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is M&L Holdings Group undervalued compared to its fair value and its price relative to the market?

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8152's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8152's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8152 is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: 8152 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8152's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8152 is good value based on its PB Ratio (0.6x) compared to the HK Trade Distributors industry average (0.6x).


Next Steps

Future Growth

How is M&L Holdings Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.1%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as M&L Holdings Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has M&L Holdings Group performed over the past 5 years?

-97.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8152 is unprofitable, and losses have increased over the past 5 years at a rate of -97.3% per year.

Accelerating Growth: Unable to compare 8152's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8152 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (1%).


Return on Equity

High ROE: 8152 has a negative Return on Equity (-2.45%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8152 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8152 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is M&L Holdings Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8152's short term assets (HK$178.0M) exceeds its short term liabilities (HK$97.5M)

Long Term Liabilities: 8152's short term assets (178.0M) exceeds its long term liabilities (7.3M)


Debt to Equity History and Analysis

Debt Level: 8152's debt to equity ratio (26.2%) is considered satisfactory

Reducing Debt: Insufficient data to determine if 8152's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8152's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 8152's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 8152 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8152's debt is covered by short term assets (assets are 5.934030x debt).


Next Steps

Dividend

What is M&L Holdings Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage3.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8152's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8152's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 8152's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8152's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8152 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 8152's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of M&L Holdings Group's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Lai Ng (55yo)

0yrs

Tenure

HK$983,000

Compensation

Mr. Lai Ming Ng serves as Chairman and Chief Executive Officer at M&L Holdings Group Limited and has been its Executive Director since September 24, 2015. Mr. Ng Co-Founded M&L Holdings Group Limited in 19 ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Lai's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

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


Board Age and Tenure

2.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 8152's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Sun Kwong Chan (52yo)

    Joint Company Secretary

    • Tenure: 2.3yrs
  • Lai Ng (51yo)

    CFO, Compliance Officer

    • Tenure: 2.8yrs
    • Compensation: HK$993.00k
  • Lai Ng (55yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: HK$983.00k
  • Timothy Ng (53yo)

    Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$1.97m
  • King Cheung (48yo)

    Director of Fabricated Construction Steel Division & Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$1.06m
  • Suk Pang (46yo)

    Financial Controller

    • Tenure: 4yrs
  • Wai Kwok (68yo)

    Senior Sale & Marketing Manager

    • Tenure: 0yrs

Board Members

  • Lai Ng (51yo)

    CFO, Compliance Officer

    • Tenure: 2.8yrs
    • Compensation: HK$993.00k
  • Lai Ng (55yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: HK$983.00k
  • Timothy Ng (53yo)

    Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$1.97m
  • King Cheung (48yo)

    Director of Fabricated Construction Steel Division & Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$1.06m
  • Wai Tai (49yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$150.00k
  • Kok Lo (70yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$150.00k
  • Chi Lau (69yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$150.00k

Company Information

M&L Holdings Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: M&L Holdings Group Limited
  • Ticker: 8152
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$63.000m
  • Shares outstanding: 600.00m
  • Website: https://www.mleng.com

Number of Employees


Location

  • M&L Holdings Group Limited
  • Empress Plaza
  • 10th Floor
  • Tsimshatsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8152SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2017

Biography

M&L Holdings Group Limited, an investment holding company, engages in the trading and leasing of construction machinery and spare parts primarily in Hong Kong, the People's Republic of China, and Singapore ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 12:59
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.