Multifield International Holdings Limited (0898) AI Stock Analysis

• Market Cap: HK$869.52M
• Dividend Yield: 4.04%
• Average Volume (3M): 6.67K
• Price to Earnings (P/E): 2.5
• Beta (1Y): 0.35
• Revenue Growth: -2.19%
• EPS Growth: 78.43%
• Country: HK
• Employees: 200
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.28
• Shares Outstanding: 836,074,200
• 10 Day Avg. Volume: 6,000
• 30 Day Avg. Volume: 6,666
• PEG Ratio: 0.09
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 2.60
• P/FCF Ratio: -7.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: HK$1.00 ▼(-3.85% Downside)

The stock's overall score is driven by its strong valuation, with a low P/E ratio and high dividend yield offering potential value. However, financial performance is mixed, with solid revenue growth but declining cash flows and inconsistent ROE. Technical indicators suggest bearish momentum, which could impact short-term performance.

Positive Factors

Revenue Growth

Consistent revenue growth over recent years indicates the company's ability to expand its market reach and product adoption, supporting long-term business sustainability.

Strong Balance Sheet

A robust balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth opportunities.

Profit Margins

High gross profit margins reflect operational efficiency and pricing power, which are crucial for maintaining profitability in competitive markets.

Negative Factors

Declining Cash Flows

The significant decline in cash flows may constrain the company's ability to reinvest in growth opportunities or maintain dividend payments, impacting long-term financial health.

Inconsistent ROE

Inconsistent return on equity suggests volatility in profitability, which could undermine investor confidence and affect the company's ability to attract capital.

EBIT Decline

A decline in EBIT indicates potential challenges in maintaining operational efficiency and profitability, which could affect long-term earnings growth.

Multifield International Holdings Limited Business Overview & Revenue Model

Company Description

Multifield International Holdings Limited, an investment holding company, engages in the investment, development, management, rental, and sale of real estate properties in Hong Kong and Mainland China. It operates through three segments: Property Investment, Provision of Serviced Apartment and Property Management Services, and Trading and Investments. The company owns various properties, including office and industrial buildings, retail shops, and car parks, as well as residential complexes, such as hotel-serviced villas and apartments under the Windsor Renaissance brand name. It is also involved in the provision of property administration and consultant services; and securities investment and trading activities, as well as management and agency services. The company was founded in 1988 and is headquartered in Wong Chuk Hang, Hong Kong. Multifield International Holdings Limited is a subsidiary of Lucky Speculator Limited.

How the Company Makes Money

Multifield International Holdings Limited generates revenue through multiple streams, primarily from its manufacturing and trading operations. The company produces and sells industrial products, which constitute a significant portion of its revenue. Additionally, it engages in trading activities, sourcing and supplying goods to various markets, thereby earning profit margins on these transactions. The investment segment contributes further to its earnings by generating returns from real estate and securities investments. Strategic partnerships with suppliers and distributors enhance its market reach and operational efficiency, while the company's ability to adapt to changing market demands allows it to maintain a competitive edge in its sectors.

Multifield International Holdings Limited Financial Statement Overview

Summary

The company shows strong revenue growth and profitability margins, but declining cash flows and inconsistent ROE indicate potential liquidity challenges and profitability volatility. The balance sheet is robust with low leverage, but cash flow sustainability needs improvement.

Income Statement

The income statement reflects solid performance with a consistent revenue growth trend from $252.5M in 2020 to $285.6M in 2024. Gross profit margin remains strong at 100% in the latest year, showing efficiency in operations. However, EBIT has declined from previous highs, indicating potential challenges in maintaining profitability levels seen in earlier years. Net profit margin has improved, suggesting controlled expenses and effective management.

Balance Sheet

The balance sheet is robust, with a healthy equity ratio of over 60%, indicating strong equity financing. The debt-to-equity ratio is stable at around 0.17, showing conservative leverage. ROE, however, has been inconsistent, reflecting fluctuating profitability. Cash reserves have decreased significantly over the years, which could constrain future liquidity and investment flexibility.

Cash Flow

Cash flow analysis reveals a decline in operating cash flow from $191.6M in 2021 to zero in 2024, highlighting potential cash management issues. Free cash flow has also decreased, which could affect the company's ability to reinvest or pay dividends. The absence of clear cash flow ratios due to missing data limits a comprehensive assessment, but the trend indicates pressure on cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	285.23M	285.85M	283.67M	273.71M	268.26M	252.48M
Gross Profit	285.23M	238.14M	235.46M	230.80M	216.17M	252.48M
EBITDA	216.69M	216.80M	221.15M	504.43M	631.59M	169.70M
Net Income	345.02M	235.18M	179.23M	264.12M	421.30M	37.35M
Balance Sheet
Total Assets	14.17B	13.38B	13.21B	13.14B	13.34B	12.73B
Cash, Cash Equivalents and Short-Term Investments	2.15B	1.39B	1.27B	1.33B	1.29B	1.34B
Total Debt	1.36B	1.64B	1.54B	1.50B	1.49B	1.63B
Total Liabilities	3.94B	3.42B	3.31B	3.45B	3.48B	3.31B
Stockholders Equity	8.33B	8.11B	8.06B	7.92B	8.08B	7.58B
Cash Flow
Free Cash Flow	-77.27M	-101.83M	126.84M	149.85M	191.45M	171.97M
Operating Cash Flow	-77.27M	-101.83M	129.12M	149.85M	191.56M	172.06M
Investing Cash Flow	2.47M	57.00K	2.62M	-10.40M	15.86M	2.87M
Financing Cash Flow	603.40M	39.45M	-290.52M	-53.02M	-202.39M	-243.66M

Multifield International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0898, the sentiment is Positive. The current price of 1.04 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.99, and above the 200-day MA of 0.95, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 83.70 is Negative, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0898.

Multifield International Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1502	68 Neutral	HK$795.56M	6.69	8.63%	8.44%	16.65%	-8.74%
0898	66 Neutral	HK$869.52M	2.52	4.18%	4.04%	-2.19%	78.43%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6093	62 Neutral	HK$420.00M	23.92	2.59%	―	3.93%	-71.60%
2215	58 Neutral	HK$243.24M	7.12	4.11%	―	-7.17%	-22.01%
0237	49 Neutral	HK$805.95M	-2.90	-7.65%	3.94%	-7.47%	-300.57%
6677	48 Neutral	HK$497.28M	-1.39	-17.20%	7.31%	-7.62%	-1151.82%