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Millennium Pacific Group Holdings

SEHK:8147
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8147
SEHK
HK$183M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Millennium Pacific Group Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of consumer electronic products. The last earnings update was 8 days ago. More info.


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  • Millennium Pacific Group Holdings has significant price volatility in the past 3 months.
8147 Share Price and Events
7 Day Returns
-8.3%
SEHK:8147
-7.1%
HK Electronic
-1.6%
HK Market
1 Year Returns
-86.8%
SEHK:8147
-42.6%
HK Electronic
-16.6%
HK Market
8147 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Millennium Pacific Group Holdings (8147) -8.3% -17.5% -19.5% -86.8% -97.8% -
HK Electronic -7.1% -20.6% -16.4% -42.6% 1.8% 18.3%
HK Market -1.6% -9.5% -5.2% -16.6% 24.8% 7.3%
1 Year Return vs Industry and Market
  • 8147 underperformed the Electronic industry which returned -42.6% over the past year.
  • 8147 underperformed the Market in Hong Kong which returned -16.6% over the past year.
Price Volatility
8147
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Millennium Pacific Group Holdings's competitors could be found in our database.

Value

 Is Millennium Pacific Group Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Millennium Pacific Group Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.033.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Millennium Pacific Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Millennium Pacific Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8147 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$-0.01
SEHK:8147 Share Price ** SEHK (2019-05-22) in HKD HK$0.03
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.05x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.06x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Millennium Pacific Group Holdings.

SEHK:8147 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8147 Share Price ÷ EPS (both in HKD)

= 0.03 ÷ -0.01

-6.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Millennium Pacific Group Holdings is loss making, we can't compare its value to the HK Electronic industry average.
  • Millennium Pacific Group Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Millennium Pacific Group Holdings's expected growth come at a high price?
Raw Data
SEHK:8147 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.6x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Millennium Pacific Group Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Millennium Pacific Group Holdings's assets?
Raw Data
SEHK:8147 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.00
SEHK:8147 Share Price * SEHK (2019-05-22) in HKD HK$0.03
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.13x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:8147 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8147 Share Price ÷ Book Value per Share (both in HKD)

= 0.03 ÷ 0.00

40.49x

* Primary Listing of Millennium Pacific Group Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Millennium Pacific Group Holdings is overvalued based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Millennium Pacific Group Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Millennium Pacific Group Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Millennium Pacific Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Millennium Pacific Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.2%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Millennium Pacific Group Holdings expected to grow at an attractive rate?
  • Unable to compare Millennium Pacific Group Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Millennium Pacific Group Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Millennium Pacific Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8147 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.2%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8147 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8147 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8147 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 92 -30
2018-12-31 77 -19 -36
2018-09-30 90 -48
2018-06-30 87 -26 -43
2018-03-31 106 -39
2017-12-31 113 -13 -34
2017-09-30 99 -28
2017-06-30 77 -25 -34
2017-03-31 57 -41
2016-12-31 52 -28 -44
2016-09-30 44 -34
2016-06-30 49 -15 -30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Millennium Pacific Group Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Millennium Pacific Group Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8147 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Millennium Pacific Group Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8147 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8147 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Millennium Pacific Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Millennium Pacific Group Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Millennium Pacific Group Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Millennium Pacific Group Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Millennium Pacific Group Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Millennium Pacific Group Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Millennium Pacific Group Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Millennium Pacific Group Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Millennium Pacific Group Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Millennium Pacific Group Holdings's 1-year growth to the HK Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Millennium Pacific Group Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Millennium Pacific Group Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8147 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 91.74 -29.66 43.57
2018-12-31 77.43 -36.29 47.01
2018-09-30 90.18 -47.71 54.57
2018-06-30 87.03 -43.08 48.71
2018-03-31 105.77 -38.71 43.98
2017-12-31 112.98 -33.67 42.27
2017-09-30 98.72 -27.95 38.23
2017-06-30 77.26 -33.88 42.30
2017-03-31 57.11 -41.48 50.25
2016-12-31 51.73 -44.09 52.74
2016-09-30 44.36 -33.92 39.66
2016-06-30 48.79 -30.05 36.31
2016-03-31 46.15 -21.81 27.26
2015-12-31 67.10 -17.53 24.21
2015-09-30 87.63 -11.33 18.61
2015-06-30 108.70 -12.81 21.87
2015-03-31 232.75 -4.50 27.52
2014-12-31 237.23 -1.61 26.39
2014-09-30 306.14 -0.49 30.75
2014-06-30 352.85 9.83 25.79
2014-03-31 300.42 7.84 21.80
2013-12-31 348.32 10.28 24.38
2012-12-31 259.08 11.07 16.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Millennium Pacific Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Millennium Pacific Group Holdings has efficiently used its assets last year compared to the HK Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Millennium Pacific Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Millennium Pacific Group Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Millennium Pacific Group Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Millennium Pacific Group Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Millennium Pacific Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Millennium Pacific Group Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Millennium Pacific Group Holdings has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Millennium Pacific Group Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Millennium Pacific Group Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Millennium Pacific Group Holdings Company Filings, last reported 1 month ago.

SEHK:8147 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31
2018-12-31 5.68 0.00 3.78
2018-09-30 4.38 8.00 3.27
2018-06-30 4.38 8.00 3.27
2018-03-31 9.80 9.53 22.49
2017-12-31 9.80 6.21 22.49
2017-09-30
2017-06-30 -1.64 0.00 6.31
2017-03-31 6.13 6.59 8.58
2016-12-31 6.13 6.59 8.58
2016-09-30
2016-06-30 31.33 6.22 21.30
2016-03-31 48.21 0.20 34.04
2015-12-31 48.21 0.20 34.04
2015-09-30
2015-06-30 60.35 4.84 39.01
2015-03-31 65.19 8.40 54.97
2014-12-31 65.19 8.40 54.97
2014-09-30
2014-06-30 33.31 21.46 12.50
2014-03-31 26.69 15.01 19.01
2013-12-31 26.69 15.01 19.01
2012-12-31 14.32 17.80 20.45
  • Millennium Pacific Group Holdings has no debt.
  • Millennium Pacific Group Holdings has no debt compared to 5 years ago when it was 56.3%.
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.

  • Millennium Pacific Group Holdings has less than a year of cash runway based on current free cash flow.
  • Millennium Pacific Group Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.6% each year.
X
Financial health checks
We assess Millennium Pacific Group Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Millennium Pacific Group Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Millennium Pacific Group Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Millennium Pacific Group Holdings dividends.
If you bought HK$2,000 of Millennium Pacific Group Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Millennium Pacific Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Millennium Pacific Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8147 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8147 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Millennium Pacific Group Holdings has not reported any payouts.
  • Unable to verify if Millennium Pacific Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Millennium Pacific Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Millennium Pacific Group Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Millennium Pacific Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Millennium Pacific Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Millennium Pacific Group Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Zhiming Lu
AGE 43
TENURE AS CEO 1.3 years
CEO Bio

Mr. Zhiming Lu has been Chief Executive Officer of Millennium Pacific Group Holdings Ltd since January 17, 2018. Mr. Lu was the vice general manager of LED International (Hong Kong) Company Limited from November 2006 to December 2009 and that of Shen Zhen Shi Ai Ying Zhuo Er Technology Company Limited from January 2010 to April 2011. From May 2011 to May 2017, Mr. Lu was the president of Guang Dong Jian Long Optoelectronic Company Limited. Mr. Lu has diversified management experience in the fields of petrochemical and electronic business in the PRC. Prior to joining the Group, Mr. Lu was a vice president of an Chinese enterprise engaged in the production of plastics and petrochemical products, for which he was responsible for the overall business operation. For the period from January 2000 to March 2002, Mr. Lu was the vice general manager of marketing of China JinLun Tyre Fabrics Factory. For the period from July 2002 to July 2004, he was an executive director of a Hong Kong listed company Yanchang Petroleum International Limited (previously also known as Minglun Group (Hong Kong) Limited) (stock code: 346). He is a graduate from Ningbo Yucai Technical Institute with majoring in electricity and electronics.

CEO Compensation
  • Insufficient data for Zhiming to compare compensation growth.
  • Insufficient data for Zhiming to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Millennium Pacific Group Holdings management team in years:

0.8
Average Tenure
37
Average Age
  • The average tenure for the Millennium Pacific Group Holdings management team is less than 2 years, this suggests a new team.
Management Team

Liang Liu

TITLE
Executive Director & Compliance Officer
COMPENSATION
HK$5M
AGE
37
TENURE
0.2 yrs

Li Wang

TITLE
Executive Director
COMPENSATION
HK$269K
AGE
31

Zhiming Lu

TITLE
Chief Executive Officer
AGE
43
TENURE
1.3 yrs

Louis Lau

TITLE
Chief Financial Officer
AGE
41

Yong Wu

TITLE
Executive Director
AGE
30
TENURE
0.1 yrs

Sharon Ngan

TITLE
Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Millennium Pacific Group Holdings board of directors in years:

1.8
Average Tenure
45.5
Average Age
  • The average tenure for the Millennium Pacific Group Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jin Sheng Wu

TITLE
Chairman of the Board
COMPENSATION
HK$5M
AGE
48
TENURE
0.2 yrs

Liang Liu

TITLE
Executive Director & Compliance Officer
COMPENSATION
HK$5M
AGE
37
TENURE
2.4 yrs

Li Wang

TITLE
Executive Director
COMPENSATION
HK$269K
AGE
31
TENURE
1.8 yrs

Yong Wu

TITLE
Executive Director
AGE
30
TENURE
0.1 yrs

Jian Huang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$82K
AGE
44
TENURE
1.8 yrs

Joseph Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$82K
AGE
61
TENURE
1.8 yrs

Yu Keung Chong

TITLE
Non-Executive Director
AGE
53
TENURE
1.8 yrs

Wan Zhang Zheng

TITLE
Independent Non-Executive Director
COMPENSATION
HK$82K
AGE
47
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
19. Nov 18 Sell Liang Hai Wang Individual 16. Nov 18 16. Nov 18 -71,500,000 HK$0.07 HK$-5,005,219
X
Management checks
We assess Millennium Pacific Group Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Millennium Pacific Group Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Are The Drivers Of Millennium Pacific Group Holdings Limited's (HKG:8147) Risks?

If you are looking to invest in Millennium Pacific Group Holdings Limited’s (SEHK:8147), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … 8147's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns.

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How Financially Strong Is Millennium Pacific Group Holdings Limited (HKG:8147)?

With this rise in debt, 8147's cash and short-term investments stands at HK$22.49M for investing into the business. … SEHK:8147 Historical Debt May 9th 18 Can 8147 service its debt comfortably? … 8147's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although 8147’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

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Does Millennium Pacific Group Holdings Limited's (HKG:8147) Earnings Growth Make It An Outperformer?

Understanding how Millennium Pacific Group Holdings Limited (SEHK:8147) is performing as a company requires looking at more than just a years' earnings. … Today I will run you through a basic sense check to gain perspective on how Millennium Pacific Group Holdings is doing by comparing its latest earnings with its long-term trend as well as the performance of its electronic industry peers. … See our latest analysis for Millennium Pacific Group Holdings How Did 8147's Recent Performance Stack Up Against Its Past?

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When Will Millennium Pacific Group Holdings Limited (HKG:8147) Come Back To Market?

Today I’ve examined Millennium Pacific Group Holdings’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … SEHK:8147 Income Statement Feb 22nd 18 When will Millennium Pacific Group Holdings need to raise more cash? … Not surprisingly, if Millennium Pacific Group Holdings continues to ramp up expenditure at this rate for the upcoming year, it’ll likely need to come to market within the next few months, given the its current level of cash reserves.

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Millennium Pacific Group Holdings Limited's (SEHK:8147) EPS Grew 17.8% In A Year. Was It Better Than Long-Term Trend?

After looking at Millennium Pacific Group Holdings Limited's (SEHK:8147) latest earnings update (30 September 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Millennium Pacific Group Holdings's latest earnings -HK$27.9M, which, relative to the previous year's figure, has become less negative. … Though Millennium Pacific Group Holdings's past data is helpful, it is only one aspect of my investment thesis.

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Company Info

Description

Millennium Pacific Group Holdings Limited, an investment holding company, engages in the research and development, manufacture, and sale of consumer electronic products. The company offers fitness bracelets, GPS personal navigation devices, mobile Internet devices, digital video recorders, and TV set-top boxes. It also trades in electronic devices; provides data management services; and develops and sells software applications. In addition, the company provides design, prototyping/sampling, manufacturing, assembling, and packaging services to customer’s products. It has operations in Hong Kong, the United Kingdom, the Netherlands, Germany, and internationally. The company was founded in 2004 and is headquartered in Shenzhen, the People’s Republic of China.

Details
Name: Millennium Pacific Group Holdings Limited
8147
Exchange: SEHK
Founded: 2004
HK$183,301,301
5,554,584,906
Website: http://www.mpgroup.hk
Address: Millennium Pacific Group Holdings Limited
B3 Yucan Industrial Park,
Lanzhu West Road,
Shenzhen,
Guangdong Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8147 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 18. Jul 2014
Number of employees
Current staff
Staff numbers
92
Millennium Pacific Group Holdings employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 12:58
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/03/26
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.