SEHK:2199

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Regina Miracle International (Holdings)

Executive Summary

Regina Miracle International (Holdings) Limited, an investment holding company, designs, manufactures, and trades in a range of intimate wear and functional sports products. More Details


Snowflake Analysis

Good value with proven track record.

Share Price & News

How has Regina Miracle International (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2199 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.4%

2199

-3.1%

HK Luxury

-2.8%

HK Market


1 Year Return

-52.6%

2199

4.7%

HK Luxury

-1.7%

HK Market

Return vs Industry: 2199 underperformed the Hong Kong Luxury industry which returned 6.6% over the past year.

Return vs Market: 2199 underperformed the Hong Kong Market which returned 0.5% over the past year.


Shareholder returns

2199IndustryMarket
7 Day0.4%-3.1%-2.8%
30 Day15.9%6.2%2.7%
90 Day8.1%23.7%-0.4%
1 Year-51.3%-52.6%6.8%4.7%2.3%-1.7%
3 Year-66.7%-68.3%39.4%26.3%-8.7%-18.6%
5 Year-67.5%-69.4%71.2%45.9%13.7%-5.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Regina Miracle International (Holdings) undervalued compared to its fair value and its price relative to the market?

8.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2199 (HK$2.41) is trading below our estimate of fair value (HK$2.62)

Significantly Below Fair Value: 2199 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 2199 is good value based on its PE Ratio (10.2x) compared to the HK Luxury industry average (11x).

PE vs Market: 2199 is good value based on its PE Ratio (10.2x) compared to the Hong Kong market (10.9x).


Price to Earnings Growth Ratio

PEG Ratio: 2199 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: 2199 is overvalued based on its PB Ratio (1x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is Regina Miracle International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2199's forecast earnings growth (17.8% per year) is above the savings rate (1.6%).

Earnings vs Market: 2199's earnings (17.8% per year) are forecast to grow slower than the Hong Kong market (22.2% per year).

High Growth Earnings: 2199's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2199's revenue (6.3% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).

High Growth Revenue: 2199's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2199's Return on Equity is forecast to be low in 3 years time (12.9%).


Next Steps

Past Performance

How has Regina Miracle International (Holdings) performed over the past 5 years?

-6.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2199 has high quality earnings.

Growing Profit Margin: 2199's current net profit margins (4.6%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: 2199's earnings have declined by 6.7% per year over the past 5 years.

Accelerating Growth: 2199's earnings growth over the past year (2.6%) exceeds its 5-year average (-6.7% per year).

Earnings vs Industry: 2199 earnings growth over the past year (2.6%) exceeded the Luxury industry -29.5%.


Return on Equity

High ROE: 2199's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Regina Miracle International (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 2199's short term assets (HK$2.4B) exceed its short term liabilities (HK$1.9B).

Long Term Liabilities: 2199's short term assets (HK$2.4B) do not cover its long term liabilities (HK$2.9B).


Debt to Equity History and Analysis

Debt Level: 2199's debt to equity ratio (123%) is considered high.

Reducing Debt: 2199's debt to equity ratio has increased from 110.6% to 123% over the past 5 years.

Debt Coverage: 2199's debt is well covered by operating cash flow (20.8%).

Interest Coverage: 2199's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Regina Miracle International (Holdings) current dividend yield, its reliability and sustainability?

3.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2199's dividend (3.24%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 2199's dividend (3.24%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.97%).


Stability and Growth of Payments

Stable Dividend: 2199 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2199's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.9%), 2199's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2199's dividends in 3 years are forecast to be well covered by earnings (33.3% payout ratio).


Next Steps

Management

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

8.9yrs

Average management tenure


CEO

YY Hung (57 yo)

no data

Tenure

HK$9,154,000

Compensation

Mr. Yau Lit Hung, also known as YY, is a founder of Regina Miracle International (Holdings) Limited. Mr. Hung serves as the Chief Executive Officer and Chairman at Regina Miracle International (Holdings) L ...


CEO Compensation Analysis

Compensation vs Market: YY's total compensation ($USD1.18M) is above average for companies of similar size in the Hong Kong market ($USD334.70K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yau Lit Hung
Chairman & CEOno dataHK$9.15m73.02%
HK$ 2.1b
Kar Chun Yiu
CFO & Executive Director5.33yrsHK$3.48m0.025%
HK$ 719.7k
Zhiping Chen
COO & Executive Director5.33yrsHK$2.76m0.016%
HK$ 472.1k
Zhenqiang Liu
Executive Director5.33yrsHK$3.49m0.016%
HK$ 472.1k
Shui Ling Sze
Executive Director5.33yrsHK$2.71m0.016%
HK$ 472.1k
Guoxian Huang
General Manager of Technology Department12.5yrsno datano data
Kwan Chuen Law
Company Secretary5.33yrsno datano data

8.9yrs

Average Tenure

45yo

Average Age

Experienced Management: 2199's management team is seasoned and experienced (8.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yau Lit Hung
Chairman & CEOno dataHK$9.15m73.02%
HK$ 2.1b
Kar Chun Yiu
CFO & Executive Director5.33yrsHK$3.48m0.025%
HK$ 719.7k
Zhiping Chen
COO & Executive Director5.33yrsHK$2.76m0.016%
HK$ 472.1k
Zhenqiang Liu
Executive Director5.33yrsHK$3.49m0.016%
HK$ 472.1k
Shui Ling Sze
Executive Director5.33yrsHK$2.71m0.016%
HK$ 472.1k
Ching-Fai Or
Independent Non-Executive Director5.08yrsHK$519.00kno data
Wing Yue To Wong
Independent Non-Executive Director5.08yrsHK$416.00kno data
Laiman Tam
Independent Non-Executive Director5.08yrsHK$416.00kno data

5.3yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 2199's board of directors are considered experienced (5.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 2199 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

Regina Miracle International (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Regina Miracle International (Holdings) Limited
  • Ticker: 2199
  • Exchange: SEHK
  • Founded: 1998
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$2.889b
  • Shares outstanding: 1.22b
  • Website: https://www.reginamiracleholdings.com

Number of Employees


Location

  • Regina Miracle International (Holdings) Limited
  • Tower A
  • 10th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2199SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2015
RMTDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2015

Biography

Regina Miracle International (Holdings) Limited, an investment holding company, designs, manufactures, and trades in a range of intimate wear and functional sports products. It operates through three segme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 12:55
End of Day Share Price2020/10/30 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.