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Mingfa Group (International) Co. Ltd.
(0846)
Mingfa Group (International) Co. Ltd. (0846) vs. iShares MSCI Hong Kong ETF (EWH)
Mingfa Group (International) Co. Ltd. Business Overview & Revenue Model
Mingfa Group (International) Co. Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 9.52B | 7.03B | 9.52B | 10.57B | 16.42B | 12.86B | Gross Profit |
| 2.08B | 1.52B | 1.94B | 2.34B | 5.01B | 3.88B | EBIT |
| 752.73M | -1.19B | -72.17M | 975.47M | 3.14B | 2.25B | EBITDA |
| 867.11M | -964.53M | 324.49M | 1.14B | 3.26B | 2.64B | Net Income Common Stockholders |
| -467.13M | -1.79B | -467.13M | 47.96M | 1.88B | 1.08B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.78B | 1.17B | 1.78B | 2.88B | 3.67B | 3.57B | Total Assets |
| 70.67B | 62.33B | 70.67B | 71.19B | 73.75B | 76.11B | Total Debt |
| 2.52B | 2.12B | 2.52B | 2.65B | 3.48B | 4.84B | Net Debt |
| 743.68M | 944.60M | 743.68M | -224.06M | -184.10M | 1.27B | Total Liabilities |
| 51.65B | 45.53B | 51.65B | 51.57B | 54.29B | 58.59B | Stockholders Equity |
| 17.52B | 15.72B | 17.52B | 17.98B | 17.94B | 16.06B |
| Cash Flow | Free Cash Flow | ||||
| -487.27M | 1.23B | -487.27M | -259.90M | 737.40M | 384.03M | Operating Cash Flow |
| -459.13M | 1.24B | -459.13M | 69.96M | 1.01B | 489.26M | Investing Cash Flow |
| -102.15M | 984.53M | -102.15M | 228.81M | 103.36M | 723.20M | Financing Cash Flow |
| -551.72M | -2.79B | -551.72M | -869.79M | -1.02B | -1.02B |
Mingfa Group (International) Co. Ltd. Technical Analysis
Mingfa Group (International) Co. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $2.83B | 10.87 | 0.41% | 8.09% | 5.96% | -21.24% | |
42 Neutral | HK$578.88M | ― | -10.79% | ― | -27.84% | -298.63% | |
41 Neutral | $1.11B | ― | -95.62% | ― | -31.29% | 57.76% | |
38 Underperform | $451.86M | ― | -136.31% | ― | 88.91% | 1.89% | |
33 Underperform | $4.78B | ― | -29.26% | ― | -51.37% | 29.94% | |
31 Underperform | $3.75B | ― | -71.13% | ― | -50.18% | 12.86% | |
24 Underperform | HK$411.96M | ― | -3320.67% | ― | -38.81% | -263.64% |
Mingfa Group (International) Co. Ltd. Corporate Events
Mingfa Group (International) Co. Ltd. held its annual general meeting on June 6, 2025, where all proposed ordinary resolutions were passed. The meeting saw participation from shareholders representing a significant portion of the company’s shares, and the resolutions included the approval of financial statements and the re-election of directors.
Mingfa Group (International) Co. Ltd. has announced a progress update on the restructuring of the boards of directors of its PRC subsidiaries. As of the latest update, two subsidiaries have submitted applications for director changes, pending approval from local regulatory authorities. The restructuring will be finalized once these approvals are granted, and the company will continue to provide monthly updates on the progress.
Mingfa Group (International) Co. Ltd. announced that two of its PRC subsidiaries are awaiting approval from local regulatory bureaus for changes in their board of directors. The restructuring process is nearing completion, with further updates to be provided monthly, signaling a significant step in the company’s strategic management realignment.
Mingfa Group (International) Co. Ltd. has announced its upcoming Annual General Meeting, which will take place on June 6, 2025, in Hong Kong. The meeting will address several key resolutions, including the approval of the 2024 financial statements, re-election of directors, and re-appointment of the company’s auditor. Additionally, shareholders will consider granting the board authority to issue new shares within specified limits, potentially impacting the company’s capital structure and shareholder value.
Mingfa Group (International) Co. Ltd. has announced a progress update on the restructuring of the boards of directors for its PRC subsidiaries. As of the latest announcement, two subsidiaries are awaiting approval from local regulatory bureaus to finalize changes in their board directors. The completion of this restructuring is contingent upon receiving these approvals, and the company plans to provide monthly updates on the progress.
Mingfa Group (International) Co. Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s consolidated revenue decreased by 26.2% to approximately RMB7,030.3 million, and it recorded a substantial increase in consolidated loss to approximately RMB1,809.2 million. This downturn reflects challenges in the real estate market, impacting the company’s profitability and leading the board to decide against recommending a final dividend for the year.
Mingfa Group has issued a profit warning, anticipating a significant increase in losses for the year ending December 31, 2024, with expected losses ranging from RMB1,600 million to RMB2,200 million, compared to RMB643.1 million in the previous year. The primary reason for this anticipated loss is attributed to a decrease in the valuation of its investment properties, reflecting a broader decline in the market value of commercial properties in the PRC.
Mingfa Group (International) Co. Ltd. has announced a board meeting scheduled for March 28, 2025, to consider and approve the annual results for the year ended December 31, 2024, and to discuss the potential payment of a final dividend. This meeting is significant as it will provide insights into the company’s financial performance and strategic decisions, potentially impacting stakeholders and influencing the company’s market positioning.