Man Wah Holdings Limited Logo

Man Wah Holdings Limited

1999.HK

(3.0)
Stock Price

5,05 HKD

12.08% ROA

16.6% ROE

11.4x PER

Market Cap.

22.103.175.000,00 HKD

34.48% DER

5.26% Yield

11.52% NPM

Man Wah Holdings Limited Stock Analysis

Man Wah Holdings Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Man Wah Holdings Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (17.06%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (39%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 PBV

The stock's PBV ratio (1.8x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (65), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

Man Wah Holdings Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Man Wah Holdings Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Man Wah Holdings Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Man Wah Holdings Limited Revenue
Year Revenue Growth
2004 176.285.000
2005 536.016.000 67.11%
2006 852.494.000 37.12%
2007 1.485.567.000 42.61%
2008 1.856.399.000 19.98%
2009 2.932.217.000 36.69%
2010 3.808.210.000 23%
2011 4.336.353.000 12.18%
2012 4.876.976.000 11.09%
2013 5.991.060.000 18.6%
2014 6.554.811.000 8.6%
2015 7.327.590.000 10.55%
2016 7.779.015.000 5.8%
2017 10.026.573.000 22.42%
2018 11.257.792.000 10.94%
2019 12.144.299.000 7.3%
2020 16.434.071.000 26.1%
2021 21.496.783.000 23.55%
2022 17.351.106.000 -23.89%
2023 32.248.320.000 46.2%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Man Wah Holdings Limited Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 15.706.000 100%
2013 19.320.000 18.71%
2014 19.561.000 1.23%
2015 29.369.000 33.4%
2016 28.125.000 -4.42%
2017 49.547.000 43.24%
2018 13.500.000 -267.01%
2019 12.850.000 -5.06%
2020 13.378.000 3.95%
2021 13.370.000 -0.06%
2022 12.575.000 -6.32%
2023 50.180.000 74.94%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Man Wah Holdings Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 9.630.000
2005 28.543.000 66.26%
2006 43.522.000 34.42%
2007 70.667.000 38.41%
2008 111.324.000 36.52%
2009 157.814.000 29.46%
2010 254.352.000 37.95%
2011 329.169.000 22.73%
2012 325.907.000 -1%
2013 338.568.000 3.74%
2014 351.976.000 3.81%
2015 344.913.000 -2.05%
2016 363.538.000 5.12%
2017 441.282.000 17.62%
2018 550.120.000 19.78%
2019 622.084.000 11.57%
2020 778.071.000 20.05%
2021 1.052.907.999 26.1%
2022 1.046.952.000 -0.57%
2023 2.023.796.000 48.27%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Man Wah Holdings Limited EBITDA
Year EBITDA Growth
2004 33.967.000
2005 463.797.000 92.68%
2006 726.437.000 36.15%
2007 216.889.000 -234.93%
2008 278.770.000 22.2%
2009 712.551.000 60.88%
2010 736.291.000 3.22%
2011 358.379.000 -105.45%
2012 738.939.000 51.5%
2013 962.213.000 23.2%
2014 1.119.681.000 14.06%
2015 1.477.205.000 24.2%
2016 1.879.015.000 21.38%
2017 1.808.847.000 -3.88%
2018 2.094.744.000 13.65%
2019 2.312.387.000 9.41%
2020 2.678.884.000 13.68%
2021 3.327.776.000 19.5%
2022 2.996.393.000 -11.06%
2023 7.114.112.000 57.88%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Man Wah Holdings Limited Gross Profit
Year Gross Profit Growth
2004 57.360.000
2005 536.016.000 89.3%
2006 852.494.000 37.12%
2007 463.607.000 -83.88%
2008 634.880.000 26.98%
2009 1.256.655.000 49.48%
2010 1.617.403.000 22.3%
2011 1.474.928.000 -9.66%
2012 1.771.158.000 16.73%
2013 2.131.033.000 16.89%
2014 2.332.826.001 8.65%
2015 2.896.027.000 19.45%
2016 3.258.183.000 11.12%
2017 3.742.940.000 12.95%
2018 3.837.098.000 2.45%
2019 4.417.699.000 13.14%
2020 5.929.107.000 25.49%
2021 7.890.595.000 24.86%
2022 6.678.267.000 -18.15%
2023 12.280.760.000 45.62%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Man Wah Holdings Limited Net Profit
Year Net Profit Growth
2004 27.959.000
2005 83.388.000 66.47%
2006 90.743.000 8.11%
2007 187.794.000 51.68%
2008 213.192.000 11.91%
2009 605.799.000 64.81%
2010 622.296.000 2.65%
2011 303.345.000 -105.14%
2012 568.401.000 46.63%
2013 976.965.000 41.82%
2014 1.075.159.000 9.13%
2015 1.327.244.000 18.99%
2016 1.752.370.000 24.26%
2017 1.535.908.000 -14.09%
2018 1.363.801.000 -12.62%
2019 1.638.069.000 16.74%
2020 1.924.513.000 14.88%
2021 2.247.491.000 14.37%
2022 1.914.914.000 -17.37%
2023 3.291.120.000 41.82%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Man Wah Holdings Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1 0%
2021 1 0%
2022 0 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Man Wah Holdings Limited Free Cashflow
Year Free Cashflow Growth
2004 -1.493.000
2005 10.918.000 113.67%
2006 -112.194.000 109.73%
2007 -70.299.000 -59.6%
2008 209.864.000 133.5%
2009 460.497.000 54.43%
2010 106.130.000 -333.9%
2011 -620.496.000 117.1%
2012 205.875.000 401.39%
2013 561.468.000 63.33%
2014 140.120.000 -300.71%
2015 1.402.622.000 90.01%
2016 1.185.563.000 -18.31%
2017 655.439.000 -80.88%
2018 -1.620.000 40559.2%
2019 1.841.553.000 100.09%
2020 655.852.000 -180.79%
2021 363.283.000 -80.53%
2022 2.498.259.000 85.46%
2023 667.932.000 -274.03%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Man Wah Holdings Limited Operating Cashflow
Year Operating Cashflow Growth
2004 1.566.000
2005 70.643.000 97.78%
2006 11.582.000 -509.94%
2007 121.399.000 90.46%
2008 290.679.000 58.24%
2009 606.186.000 52.05%
2010 508.251.000 -19.27%
2011 203.662.000 -149.56%
2012 605.981.000 66.39%
2013 835.744.000 27.49%
2014 789.594.000 -5.84%
2015 1.699.981.000 53.55%
2016 1.740.432.000 2.32%
2017 1.461.724.000 -19.07%
2018 1.129.073.000 -29.46%
2019 2.682.449.000 57.91%
2020 1.922.387.000 -39.54%
2021 2.323.657.000 17.27%
2022 4.059.016.000 42.75%
2023 1.153.731.000 -251.82%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Man Wah Holdings Limited Capital Expenditure
Year Capital Expenditure Growth
2004 3.059.000
2005 59.725.000 94.88%
2006 123.776.000 51.75%
2007 191.698.000 35.43%
2008 80.815.000 -137.21%
2009 145.689.000 44.53%
2010 402.121.000 63.77%
2011 824.158.000 51.21%
2012 400.106.000 -105.98%
2013 274.276.000 -45.88%
2014 649.474.000 57.77%
2015 297.359.000 -118.41%
2016 554.869.000 46.41%
2017 806.285.000 31.18%
2018 1.130.693.000 28.69%
2019 840.896.000 -34.46%
2020 1.266.535.000 33.61%
2021 1.960.374.000 35.39%
2022 1.560.757.000 -25.6%
2023 485.799.000 -221.28%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Man Wah Holdings Limited Equity
Year Equity Growth
2004 114.999.000
2005 248.029.000 53.63%
2006 432.186.000 42.61%
2007 602.457.000 28.26%
2008 782.428.000 23%
2009 1.150.632.000 32%
2010 3.094.735.000 62.82%
2011 3.188.918.000 2.95%
2012 3.468.573.000 8.06%
2013 4.502.311.000 22.96%
2014 4.452.331.000 -1.12%
2015 4.710.353.000 5.48%
2016 5.408.918.999 12.92%
2017 6.444.484.000 16.07%
2018 6.716.063.000 4.04%
2019 7.232.696.000 7.14%
2020 11.405.059.000 36.58%
2021 12.748.173.000 10.54%
2022 12.527.770.000 -1.76%
2023 13.075.669.000 4.19%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Man Wah Holdings Limited Assets
Year Assets Growth
2004 196.324.000
2005 343.293.000 42.81%
2006 635.361.000 45.97%
2007 1.019.913.000 37.7%
2008 1.153.640.000 11.59%
2009 1.668.971.000 30.88%
2010 3.525.044.000 52.65%
2011 4.483.261.000 21.37%
2012 5.001.057.000 10.35%
2013 6.130.113.000 18.42%
2014 6.095.730.000 -0.56%
2015 5.645.108.000 -7.98%
2016 7.511.744.000 24.85%
2017 9.470.739.000 20.68%
2018 13.145.787.000 27.96%
2019 13.213.802.000 0.51%
2020 17.438.861.000 24.23%
2021 20.521.244.000 15.02%
2022 19.640.488.000 -4.48%
2023 19.807.520.000 0.84%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Man Wah Holdings Limited Liabilities
Year Liabilities Growth
2004 81.325.000
2005 95.264.000 14.63%
2006 203.175.000 53.11%
2007 417.456.000 51.33%
2008 371.212.000 -12.46%
2009 518.339.000 28.38%
2010 430.309.000 -20.46%
2011 1.294.343.000 66.75%
2012 1.532.484.000 15.54%
2013 1.627.802.000 5.86%
2014 1.643.399.000 0.95%
2015 934.755.000 -75.81%
2016 2.102.824.999 55.55%
2017 3.026.255.000 30.51%
2018 6.429.724.000 52.93%
2019 5.981.106.000 -7.5%
2020 6.033.802.000 0.87%
2021 7.773.071.000 22.38%
2022 7.112.718.000 -9.28%
2023 6.731.851.000 -5.66%

Man Wah Holdings Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.34
Net Income per Share
0.5
Price to Earning Ratio
11.4x
Price To Sales Ratio
1.3x
POCF Ratio
8.74
PFCF Ratio
16.79
Price to Book Ratio
1.85
EV to Sales
1.36
EV Over EBITDA
6.61
EV to Operating CashFlow
9.06
EV to FreeCashFlow
17.59
Earnings Yield
0.09
FreeCashFlow Yield
0.06
Market Cap
22,10 Bil.
Enterprise Value
23,15 Bil.
Graham Number
5.89
Graham NetNet
-0.08

Income Statement Metrics

Net Income per Share
0.5
Income Quality
1.11
ROE
0.17
Return On Assets
0.1
Return On Capital Employed
0.2
Net Income per EBT
0.81
EBT Per Ebit
0.92
Ebit per Revenue
0.15
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.39
Operating Profit Margin
0.15
Pretax Profit Margin
0.14
Net Profit Margin
0.12

Dividends

Dividend Yield
0.05
Dividend Yield %
5.26
Payout Ratio
0.5
Dividend Per Share
0.3

Operating Metrics

Operating Cashflow per Share
0.65
Free CashFlow per Share
0.34
Capex to Operating CashFlow
0.48
Capex to Revenue
0.07
Capex to Depreciation
2.16
Return on Invested Capital
0.13
Return on Tangible Assets
0.12
Days Sales Outstanding
52.24
Days Payables Outstanding
24.84
Days of Inventory on Hand
74.04
Receivables Turnover
6.99
Payables Turnover
14.7
Inventory Turnover
4.93
Capex per Share
0.32

Balance Sheet

Cash per Share
0,90
Book Value per Share
3,34
Tangible Book Value per Share
2.42
Shareholders Equity per Share
3.08
Interest Debt per Share
1.11
Debt to Equity
0.34
Debt to Assets
0.21
Net Debt to EBITDA
0.3
Current Ratio
1.26
Tangible Asset Value
9,48 Bil.
Net Current Asset Value
1,37 Bil.
Invested Capital
15560389000
Working Capital
1,68 Bil.
Intangibles to Total Assets
0.18
Average Receivables
2,38 Bil.
Average Payables
0,77 Bil.
Average Inventory
2043733500
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Man Wah Holdings Limited Dividends
Year Dividends Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 100%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Man Wah Holdings Limited Profile

About Man Wah Holdings Limited

Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments. It offers mattresses, smart furniture spare parts, and metal mechanism for recliners. The company is also involved in the production and sale of chairs and other products to high-speed railways, cinema chains, and other commercial customers; advertising and marketing of home furnishing products; property investment business; operation, leasing, and management of furniture malls; manufacturing and trading of bedding products, other furniture, and furniture components, as well as foam products; and research and production of smart drive machines and electric regulators. In addition, it offers property management and development services; offshore sales, business consultancy, and back-office support services; business management, advertising, and design services; and marketing, logistics, and warehousing services. The company also operates hotel; and sells residential properties. As of March 31, 2022, it had a total of 5,968 brand stores in China. The company was founded in 1992 and is based in Fo Tan, Hong Kong. Man Wah Holdings Limited is a subsidiary of Man Wah Investments Limited.

CEO
Mr. Man Li Wong BBS
Employee
29.837
Address
Wah Lai Industrial Center
Fo Tan,

Man Wah Holdings Limited Executives & BODs

Man Wah Holdings Limited Executives & BODs
# Name Age
1 Mr. Man Li Wong BBS
Chairman, Chief Executive Officer & MD
70
2 Ms. Wai Hing Hui
Vice President of General Administration & Retail Sales and Executive Director
70
3 Ms. Ying Ying Wong
GM of International Marketing Center & Executive Director
70
4 Mr. Alan Marnie
Executive Director
70
5 Mr. Quanfa Dai
General Manager of Manufacturing Center & Executive Director
70
6 Mr. Xian Zhang
Company Secretary
70
7 Mr. Jay Quimby
Senior Vice President of Sales
70
8 Mr. Qing Yang
Chief Financial Officer
70
9 Mr. Kevin Castellani
Director of Corporate Communications
70

Man Wah Holdings Limited Competitors