Ming Fai International Holdings Limited, an investment holding company, manufactures and trades in hospitality supplies, and trades in operating supplies and equipment in Hong Kong, North America, Europe, the People’s Republic of China, Australia, other Asia Pacific regions, and internationally. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Ming Fai International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3828 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3828's weekly volatility (5%) has been stable over the past year.
7 Day Return
HK Personal Products
1 Year Return
HK Personal Products
Return vs Industry: 3828 matched the Hong Kong Personal Products industry which returned -3% over the past year.
Return vs Market: 3828 underperformed the Hong Kong Market which returned 8.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ming Fai International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StMing Fai International Holdings Limited (HKG:3828) Pays A HK$0.015 Dividend In Just Three Days
2 months ago | Simply Wall StMing Fai International Holdings (HKG:3828) Will Pay A Smaller Dividend Than Last Year
2 months ago | Simply Wall StDoes Ming Fai International Holdings (HKG:3828) Have A Healthy Balance Sheet?
Is Ming Fai International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3828 (HK$0.64) is trading above our estimate of fair value (HK$0.45)
Significantly Below Fair Value: 3828 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3828 is good value based on its PE Ratio (5.9x) compared to the Hong Kong Personal Products industry average (6.8x).
PE vs Market: 3828 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (10.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3828's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3828 is good value based on its PB Ratio (0.4x) compared to the HK Personal Products industry average (0.7x).
How is Ming Fai International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Household 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 Ming Fai 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.
How has Ming Fai International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3828 has high quality earnings.
Growing Profit Margin: 3828's current net profit margins (5.8%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 3828 has become profitable over the past 5 years, growing earnings by 35.9% per year.
Accelerating Growth: 3828's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3828 had negative earnings growth (-19.3%) over the past year, making it difficult to compare to the Personal Products industry average (-8%).
Return on Equity
High ROE: 3828's Return on Equity (6.3%) is considered low.
How is Ming Fai International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3828's short term assets (HK$1.2B) exceed its short term liabilities (HK$586.9M).
Long Term Liabilities: 3828's short term assets (HK$1.2B) exceed its long term liabilities (HK$24.2M).
Debt to Equity History and Analysis
Debt Level: 3828's debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 3828's debt to equity ratio has increased from 6.7% to 11.6% over the past 5 years.
Debt Coverage: 3828's debt is well covered by operating cash flow (72.2%).
Interest Coverage: 3828's interest payments on its debt are well covered by EBIT (58.1x coverage).
What is Ming Fai International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3828's dividend (3.91%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.07%).
High Dividend: 3828's dividend (3.91%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.47%).
Stability and Growth of Payments
Stable Dividend: 3828's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3828's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.1%), 3828's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ming Fai International Holdings has no CEO, or we have no data on them.
Experienced Board: 3828's board of directors are seasoned and experienced ( 14 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ming Fai International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Ming Fai International Holdings Limited
- Ticker: 3828
- Exchange: SEHK
- Founded: 2007
- Industry: Personal Products
- Sector: Household
- Market Cap: HK$469.928m
- Shares outstanding: 734.26m
- Website: https://www.mingfaigroup.com/index.html
Number of Employees
- Ming Fai International Holdings Limited
- TML Tower
- 8th Floor, Unit D3
- Tsuen Wan
- New Territories
- Hong Kong
Ming Fai International Holdings Limited, an investment holding company, manufactures and trades in hospitality supplies, and trades in operating supplies and equipment in Hong Kong, North America, Europe, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 17:33|
|End of Day Share Price||2021/07/30 00:00|
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.