MAWHY MAN WAH HOLDINGS L
- 18.815
- 0.0000.00%
MAN WAH HOLDINGS L News
Express News | Macquarie: Raise Minhua Holdings target price to HK$11.2 to maintain “outperform the market” rating
Lyon: Maintaining Minhua Holdings (01999)'s “Outperform the Market” rating target price and raising the target price to HK$8.1
The management of Minhua Holdings (01999) expects export performance to be even stronger in the next few years as the de-inventorization of overseas markets is basically over.
Hong Kong Stock Concept Tracking | The real estate cycle may face a turning point and focus on the valuation repair market of home furnishing companies (with concept stocks)
CICC proposed that the real estate cycle may face a turning point, and sector revaluation is expected to continue. CICC believes that the real estate market itself is running in a direction where the downward slope is slowing down. The recent package of policies will help the current cycle usher in a faster turnaround in the 6-12 month dimension to end the rapid adjustment period since 2021 and transition to a relatively stable stage. China Merchants Securities believes that if external demand weakens next year, employment pressure will need to be mitigated through domestic demand. Real estate (investment) is the best option; Zhongtai Securities said that it is worth looking forward to first-tier cities introducing more purchase restrictions and relaxation policies. The real estate industry chain is very popular, including the home furnishing industry.
Performance recovered from a low base, but Minhua Holdings (01999) still needs “momentum”
The 2024 fiscal year results announcement just disclosed by Minhua Holdings (01999), the leader of functional sofas, has sent many signals worth discussing to the outside world. Financial reports show that in the 2024 fiscal year, Minhua Holdings achieved revenue of HK$18.41 billion, an increase of 6.1% over the previous year; net profit to mother was HK$2.3 billion, an increase of 20.2% over the previous year. Looking at the split period, Minhua Holdings' revenue for the second half of the fiscal year was HK$9.47 billion, up 17.5% year on year; net profit to mother was HK$1.17 billion, up 41.7% year on year. Overall, compared to the decline in both business and profit in the previous fiscal year, Minhua Holdings' core finance
Minhua Holdings (01999.HK): Beautiful performance, domestic sales share continues to increase, export sales deepen global layout
The company released FY2024 financial report: FY2024 achieved operating income of HK$18.411 billion (+6.1% year over year) and net profit to mother of HK$2.32 billion (+20.2% year over year); single H2 operation
Minhua Holdings (1999.HK) Update Report: Steady Growth in Domestic Sales, Dual Strength of Brands and Channels
Guide to this report: The company relies on cost control and category expansion to achieve revenue expansion and profit growth. It is expected that domestic sales will increase channel decline to seize share in the trade-in market, and export sales will actively expand coverage of gaps in customers and fields, and is expected to grow steadily. Summary: Conclusions
Changes in Hong Kong stocks | Minhua Holdings (01999) rose more than 6%, and its performance for the 2024 fiscal year exceeded expectations and was raised in target prices by many institutions
Minhua Holdings (01999) rose more than 6%. As of press release, it rose 5.77% to HK$7.33, with a turnover of HK$220 million.
Big Bank Rating | Citibank: Raise Minhua's target price to HK$10.5 and increase earnings forecast for the 2025-26 fiscal year
According to a report published by Citigroup, Minhua's main revenue and net profit for the 2024 fiscal year increased by 6.1% and 20.2%, respectively, to 18.411 billion yuan and 2.3 billion yuan, both exceeding expectations of 18.14 billion yuan and 2.23 billion yuan. The bank quoted Minhua's management as pointing out that although the company is still facing the macro-challenges of slowing down the real estate market, the overseas business momentum seems to have outperformed the Chinese business after removing inventory. The company will continue to expand its market share, open new stores in low-tier cities, maintain an increase in the penetration rate of sofas in the Chinese market, and narrow the gap with the European and American markets. The bank's profit forecast for Minhua's 2025 to 2026 fiscal year
CICC: Maintaining Minhua Holdings (01999.HK)'s “outperforming the industry” rating target price and raising the target price to HK$9
CICC released a research report stating that maintaining Minhua Holdings (01999.HK)'s “outperforming the industry” rating, FY2025's net profit forecast remained unchanged at HK$2,774 billion, and introduced FY2026's net profit forecast of HK$3.274 billion. Considering the valuation switch, the target price was raised by 13% to HK$9. The company announced financial results for the 2024 fiscal year: 2HFY24/FY24 achieved operating income of HK$9.474/18.411 billion, net profit of HK$1,166,232 million, rapid improvement in overseas revenue and profitability, and the performance exceeded market expectations. The company plans to pay dividends of HK30 cents per share, payable
Minhua Holdings (01999.HK): FY2024 net profit increased 20% year-on-year, domestic and foreign sales continued to recover
FY2024 results exceeded market expectations The company announced FY2024 results: 2HFY24/FY24 achieved operating income of HK$94.74/18.411 billion, up 17.51%/6.11% year-on-year
MAN WAH HLDGS To Go Ex-Dividend On July 4th, 2024 With 0.15 HKD Dividend Per Share
May 17th - $MAN WAH HLDGS(01999.HK)$ is trading ex-dividend on July 4th, 2024. Shareholders of record on July 5th, 2024 will receive 0.15 HKD dividend per share on July 22nd, 2024. The ex-dividend
Minhua Holdings (1999.HK): Profit-side performance is beautiful, domestic and foreign sales are gradually recovering, and sofa sales are growing beautifully
Incident: The company announced FY2024 results, and the profit side's performance exceeded expectations. The company's FY2024 achieved operating income of HK$18.41 billion, +6.1% year over year (RMB caliber +10.8% year over year); achieved
Man Wah Posts Higher Profit, Revenue in Fiscal Year 2023, Stock Prices up by 3%
Man Wah Holdings (HKG:1999) reported a profit attributable to the owners of HK$2.3 billion for the year ended March 31, 2024, compared with a profit of 1.91 billion the previous year, according to a T
Minhua Holdings (01999) will pay a final dividend of HK$0.15 per share on July 22
According to the Zhitong Finance App, Minhua Holdings (01999) announced that the company will pay a final dividend of HK$0.15 per share on July 22, 2024.
Minhua Holdings (01999.HK)'s annual net profit increased by 20.2% to HK$2.02 billion, accounting for more than 65% of brand sales revenue in China
Gelonghui, May 16, 丨 Minhua Holdings (01999.HK) announced its results for the year ended March 31, 2024. During the review period, the company actively developed overseas markets, adjusted domestic sales strategies in the new period, and effectively strengthened internal management to better control costs and expenses. During the reporting period, it achieved operating income of HK$18.411 billion, an increase of 6.1% over the previous year. Profit attributable to the company's equity owners was HK$2,302 billion, an increase of 20.2% over the previous year. The brand sales business in China accounted for more than 65% of the Group's revenue during the review period, and the profit attributable to the company's equity owners increased by about 25.5% in RMB. The Board recommended 2
敏華控股：截至二零二四年三月三十一日止年度末期業績公佈以及暫停辦理股東登記
Minhua Holdings (01999.HK): Domestic sales show business resilience, export sales boom is expected to continue
Performance Overview On May 16, the company announced the 2024 fiscal year results. The company achieved revenue of HK$18.41 billion (+6.1%) in fiscal year 2024 and net profit of HK$2.30 billion (+20.2 year over year)
This Man Wah Holdings Insider Increased Their Holding In The Last Year
Looking at Man Wah Holdings Limited's (HKG:1999 ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders tha
Changes in Hong Kong stocks | Minhua Holdings (01999.HK) fell more than 6%. Institutions believe that household sector valuation estimates have fully reflected pessimistic expectations
Minhua Holdings (01999.HK) fell more than 6% and fell 6.12% at press time to report HK$5.37, with a turnover of HK$26.63 million.
Changes in Hong Kong stocks | Minhua Holdings (01999) rose more than 5%, channel adjustments are gradually being put in place, superimposed on industry demand recovery, and valuation repair can be expected
The Zhitong Finance App learned that Minhua Holdings (01999) rose more than 5%. As of press release, it had risen 5.07% to HK$5.6, with a turnover of HK$66.5593 million. Zheshang Securities pointed out that those with high dividend rates have continued to outperform the market for some time. Let's sort out the value targets of the light industry manufacturing sector that currently still have both high dividend rates and stable growth expectations. Focus on targets that originally had a high dividend ratio and are expected to have stable future operating cash flow, such as Minhua Holdings. Guojin Securities, on the other hand, said that although the current logic of releasing the company's category penetration dividends in domestic sales has been implemented, the overall space is still huge
Analysis
Price Target
No Data
