Man Wah Holdings Future Growth

Future criteria checks 1/6

Man Wah Holdings is forecast to grow earnings and revenue by 7.8% and 6% per annum respectively. EPS is expected to grow by 7.9% per annum. Return on equity is forecast to be 17.7% in 3 years.

Key information

7.8%

Earnings growth rate

7.9%

EPS growth rate

Consumer Durables earnings growth	23.0%
Revenue growth rate	6.0%
Future return on equity	17.7%
Analyst coverage	Good
Last updated	19 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

SHSC:1999 - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	21,873	2,878	2,362	4,963	10
3/31/2026	21,031	2,764	2,120	3,924	14
3/31/2025	19,526	2,506	1,894	3,632	14
3/31/2024	18,411	2,302	1,378	2,555	N/A
12/31/2023	17,705	2,131	1,687	2,871	N/A
9/30/2023	17,000	1,959	1,997	3,188	N/A
6/30/2023	17,175	1,937	2,248	3,623	N/A
3/31/2023	17,351	1,915	2,498	4,059	N/A
12/31/2022	18,961	2,133	1,986	3,702	N/A
9/30/2022	20,571	2,351	1,473	3,345	N/A
6/30/2022	21,034	2,299	1,027	2,834	N/A
3/31/2022	21,497	2,247	581	2,324	N/A
12/31/2021	20,754	2,205	404	2,134	N/A
9/30/2021	20,012	2,163	227	1,944	N/A
6/30/2021	18,223	2,044	441	1,933	N/A
3/31/2021	16,434	1,925	656	1,922	N/A
12/31/2020	14,811	1,803	1,156	2,179	N/A
9/30/2020	13,189	1,682	1,656	2,435	N/A
6/30/2020	12,666	1,660	1,749	2,559	N/A
3/31/2020	12,144	1,638	1,842	2,682	N/A
12/31/2019	11,754	1,521	405	2,265	N/A
9/30/2019	11,363	1,404	-1,032	1,848	N/A
6/30/2019	11,310	1,384	-1,339	1,488	N/A
3/31/2019	11,258	1,364	-1,647	1,129	N/A
12/31/2018	11,073	1,386	-722	1,287	N/A
9/30/2018	10,887	1,408	202	1,445	N/A
6/30/2018	10,457	1,472	311	1,454	N/A
3/31/2018	10,027	1,536	419	1,462	N/A
12/31/2017	9,420	1,599	N/A	1,456	N/A
9/30/2017	8,813	1,662	N/A	1,451	N/A
6/30/2017	8,296	1,707	N/A	1,596	N/A
3/31/2017	7,779	1,752	N/A	1,740	N/A
12/31/2016	7,508	1,675	N/A	1,862	N/A
9/30/2016	7,237	1,597	N/A	1,984	N/A
6/30/2016	7,282	1,462	N/A	1,842	N/A
3/31/2016	7,328	1,327	N/A	1,700	N/A
12/31/2015	7,183	1,230	N/A	1,347	N/A
9/30/2015	7,039	1,133	N/A	994	N/A
6/30/2015	6,797	1,104	N/A	892	N/A
3/31/2015	6,555	1,075	N/A	790	N/A
12/31/2014	6,431	1,053	N/A	915	N/A
9/30/2014	6,307	1,031	N/A	1,041	N/A
6/30/2014	6,149	1,004	N/A	938	N/A
3/31/2014	5,991	977	N/A	836	N/A
12/31/2013	5,676	914	N/A	778	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1999's forecast earnings growth (7.8% per year) is above the savings rate (2.3%).

Earnings vs Market: 1999's earnings (7.8% per year) are forecast to grow slower than the Hong Kong market (11.5% per year).

High Growth Earnings: 1999's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1999's revenue (6% per year) is forecast to grow slower than the Hong Kong market (7.7% per year).

High Growth Revenue: 1999's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1999's Return on Equity is forecast to be low in 3 years time (17.7%).

Man Wah Holdings Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

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

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 22%

Upcoming dividend of HK$0.15 per share

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

Final dividend increased to HK$0.15

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

Investor sentiment improves as stock rises 17%

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

Investor sentiment improves as stock rises 15%

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 HK$18m 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 4.8% 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

Investor sentiment deteriorates as stock falls 16%

Now 25% undervalued after recent price drop

Now 21% undervalued

Upcoming dividend of HK$0.15 per share

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

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

Less than half of directors are independent

Investor sentiment improved over the past week

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

Investor sentiment deteriorated over the past week

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

Chairman recently bought HK$33m 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 to Report Fiscal Year 2022 Results on May 16, 2022

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Chairman recently bought HK$17m worth of stock

Less than half of directors are independent

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

Investor sentiment improved over the past week

Upcoming dividend of HK$0.13 per share

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

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

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 deteriorated over the past week

New 90-day high: HK$21.40

Investor sentiment improved over the past week

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

New 90-day high: HK$18.08

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

New 90-day high: HK$15.28

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

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

New 90-day high: HK$12.42

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 - HK$11.30

New 90-day high - HK$10.70

New 90-day high - HK$9.08

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.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity