Stock 1100 MAINLAND HEADWEAR HOLDINGS LIMITED
Add to a list
To use this feature you must be a member
Log inSign up

Financials Mainland Headwear Holdings Limited

Equities

1100

BMG5754W1091

Apparel & Accessories

Delayed Hong Kong S.E.
Other stock markets
 04:08:22 2024-04-29 am EDT 		5-day change 1st Jan Change
1.6 HKD +0.63% Intraday chart for Mainland Headwear Holdings Limited +1.27% -9.60%
Mar. 26 Mainland Headwear Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 21 June 2024 CI
Mar. 26 Mainland Headwear Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 445.9 385.1 352.6 652.6 802 759.6
Enterprise Value (EV) 1 466 512.5 455.7 723.9 837.5 414.2
P/E ratio 7.21 x 6.62 x 7.69 x 5.1 x 4.17 x 6.56 x
Yield 4.54% 5.26% 5.74% 4.35% 4.79% 5.08%
Capitalization / Revenue 0.47 x 0.34 x 0.34 x 0.41 x 0.43 x 0.54 x
EV / Revenue 0.49 x 0.45 x 0.43 x 0.45 x 0.45 x 0.29 x
EV / EBITDA 4.59 x 3.99 x 3.53 x 3.13 x 2.34 x 1.9 x
EV / FCF -3.75 x -9.16 x 4.59 x 7.19 x 4.73 x -5.85 x
FCF Yield -26.6% -10.9% 21.8% 13.9% 21.1% -17.1%
Price to Book 0.63 x 0.52 x 0.46 x 0.74 x 0.78 x 0.68 x
Nbr of stocks (in thousands) 425,590 425,590 425,590 425,590 426,601 429,164
Reference price 2 1.048 0.9048 0.8286 1.533 1.880 1.770
Announcement Date 4/12/19 4/15/20 4/20/21 4/20/22 4/19/23 4/18/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 941.5 1,147 1,048 1,600 1,874 1,419
EBITDA 1 101.4 128.3 129.2 231.4 357.8 217.8
EBIT 1 69.76 88.44 71.39 170.1 287.2 145.2
Operating Margin 7.41% 7.71% 6.81% 10.63% 15.32% 10.24%
Earnings before Tax (EBT) 1 70.74 70.97 53.84 173.1 250.9 177.2
Net income 1 62.51 58.21 45.9 128.1 195.4 117.9
Net margin 6.64% 5.08% 4.38% 8% 10.42% 8.31%
EPS 2 0.1454 0.1367 0.1078 0.3007 0.4504 0.2699
Free Cash Flow 1 -124.1 -55.93 99.24 100.7 177.1 -70.86
FCF margin -13.18% -4.88% 9.47% 6.29% 9.45% -4.99%
FCF Conversion (EBITDA) - - 76.79% 43.52% 49.5% -
FCF Conversion (Net income) - - 216.24% 78.65% 90.64% -
Dividend per Share 2 0.0476 0.0476 0.0476 0.0667 0.0900 0.0900
Announcement Date 4/12/19 4/15/20 4/20/21 4/20/22 4/19/23 4/18/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 20.2 127 103 71.3 35.5 -
Net Cash position 1 - - - - - 345
Leverage (Debt/EBITDA) 0.1989 x 0.9928 x 0.7975 x 0.3081 x 0.0992 x -
Free Cash Flow 1 -124 -55.9 99.2 101 177 -70.9
ROE (net income / shareholders' equity) 9.7% 8.39% 6.48% 16.2% 21.6% 11.5%
ROA (Net income/ Total Assets) 4.32% 4.61% 3.23% 6.85% 9.9% 4.85%
Assets 1 1,448 1,264 1,420 1,869 1,974 2,433
Book Value Per Share 2 1.660 1.740 1.810 2.060 2.410 2.590
Cash Flow per Share 2 0.2300 0.2600 0.5200 0.4700 0.5800 0.7400
Capex 1 134 67.3 10.4 21.9 69.6 230
Capex / Sales 14.24% 5.87% 0.99% 1.37% 3.71% 16.19%
Announcement Date 4/12/19 4/15/20 4/20/21 4/20/22 4/19/23 4/18/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

Company calendar

Sector Other Apparel & Accessories

1st Jan change Capi.
MAINLAND HEADWEAR HOLDINGS LIMITED Stock Mainland Headwear Holdings Limited
-9.60% 87.73M
CHRISTIAN DIOR SE Stock Christian Dior SE
+3.96% 142B
LULULEMON ATHLETICA INC. Stock lululemon athletica Inc.
-28.82% 45.83B
MONCLER S.P.A. Stock Moncler S.p.A.
+15.62% 18.69B
RALPH LAUREN CORPORATION Stock Ralph Lauren Corporation
+15.83% 10.68B
LEVI STRAUSS & CO. Stock Levi Strauss & Co.
+31.38% 8.65B
LI NING COMPANY LIMITED Stock Li Ning Company Limited
-0.24% 6.76B
PVH CORP. Stock PVH Corp.
-7.55% 6.51B
BOSIDENG INTERNATIONAL HOLDINGS LIMITED Stock Bosideng International Holdings Limited
+28.49% 6.18B
GILDAN ACTIVEWEAR INC. Stock Gildan Activewear Inc.
+10.50% 5.98B
Other Apparel & Accessories
  1. Stock Market
  2. Equities
  3. 1100 Stock
  4. Financials Mainland Headwear Holdings Limited