SEHK:130

Stock Analysis Report

Moiselle International Holdings

Executive Summary

Moiselle International Holdings Limited, an investment holding company, engages in the design, manufacture, retail, and wholesale of fashion apparel and accessories for men and women.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Moiselle International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 130's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

24.3%

130

-6.4%

HK Luxury

0.2%

HK Market


1 Year Return

-40.4%

130

-25.1%

HK Luxury

-22.0%

HK Market

Return vs Industry: 130 underperformed the Hong Kong Luxury industry which returned -25.1% over the past year.

Return vs Market: 130 underperformed the Hong Kong Market which returned -22% over the past year.


Shareholder returns

130IndustryMarket
7 Day24.3%-6.4%0.2%
30 Day8.8%-19.3%-10.8%
90 Day8.8%-28.4%-16.5%
1 Year-40.4%-40.4%-23.0%-25.1%-19.1%-22.0%
3 Year-64.0%-66.3%4.5%-7.7%-3.7%-13.4%
5 Year-68.5%-72.3%2.0%-14.1%-15.2%-28.8%

Price Volatility Vs. Market

How volatile is Moiselle International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Moiselle International Holdings 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: 130 (HK$0.44) is trading below our estimate of fair value (HK$1.42)

Significantly Below Fair Value: 130 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 130 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 130 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 130's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 130 is good value based on its PB Ratio (0.2x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is Moiselle International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.4%

Forecasted Consumer Durables 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 Moiselle International Holdings 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 Moiselle International Holdings performed over the past 5 years?

-9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 130 is currently unprofitable.

Growing Profit Margin: 130 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 130 is unprofitable, and losses have increased over the past 5 years at a rate of -9.6% per year.

Accelerating Growth: Unable to compare 130's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 130 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-2.8%).


Return on Equity

High ROE: 130 has a negative Return on Equity (-4.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is Moiselle International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 130's short term assets (HK$124.1M) exceed its short term liabilities (HK$123.5M).

Long Term Liabilities: 130's short term assets (HK$124.1M) do not cover its long term liabilities (HK$157.0M).


Debt to Equity History and Analysis

Debt Level: 130's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 130's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 130 has a high level of physical assets or inventory.

Debt Coverage by Assets: 130's debt is covered by short term assets (assets are 6.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 130 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 130 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -27.6% per year.


Next Steps

Dividend

What is Moiselle International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 130's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 130's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 130's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 130's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 130 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 130'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?

16.5yrs

Average board tenure


CEO

Yum Kit Chan (60yo)

no data

Tenure

HK$5,901,000

Compensation

Mr. Yum Kit Chan, also known as Sidney co-founded Moiselle International Holdings Ltd., and also serves as its Chief Executive Officer and an Executive Chairman. Mr. Chan has overall responsibility for Moi ...


CEO Compensation Analysis

Compensation vs Market: Yum Kit's total compensation ($USD761.14K) is above average for companies of similar size in the Hong Kong market ($USD226.90K).

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


Board Members

NamePositionTenureCompensationOwnership
Yum Kit Chan
Chairmanno dataHK$5.90m0.73% HK$945.0k
How Kiu Tsui
Co-Founder & Executive Directorno dataHK$3.98m0.73% HK$945.0k
Sze Chun Chan
Executive Directorno dataHK$825.00k0.31% HK$405.0k
Shuk Ying Wong
Independent Non-Executive Director15.58yrsHK$90.00k0.010% HK$13.5k
Yuk Ying Yu
Independent Non-Executive Director18.25yrsHK$90.00kno data
Chun Kit Chu
Independent Non-Executive Director16.5yrsHK$90.00kno data

16.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 130's board of directors are seasoned and experienced ( 16.5 years average tenure).


Ownership

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


Insider Trading Volume

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


Ownership Breakdown

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


Top Shareholders

Company Information

Moiselle International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Moiselle International Holdings Limited
  • Ticker: 130
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$129.569m
  • Shares outstanding: 287.93m
  • Website: https://www.moiselle.com.hk

Number of Employees


Location

  • Moiselle International Holdings Limited
  • Kodak House 2
  • 11th Floor
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
130SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2002

Biography

Moiselle International Holdings Limited, an investment holding company, engages in the design, manufacture, retail, and wholesale of fashion apparel and accessories for men and women. The company operates house brands, including MOISELLE, m.d.m.s., GERMAIN, and Rosamund MOISELLE; and distributes international brands, such as LANCASTER. As of March 31, 2019, it operated 50 stores and counters under the MOISELLE, m.d.m.s., LANCASTER, and M CONCEPT brands in Hong Kong, Mainland China, Macau, Taiwan, and Singapore. The company also offers its products through online shopping Websites. In addition, it engages in sourcing of materials and property holding activities. The company was founded in 1997 and is headquartered in North Point, Hong Kong. Moiselle International Holdings Limited is a subsidiary of Super Result Consultants Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 12:45
End of Day Share Price2020/04/03 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.