Multifield International Holdings Limited (0898) AI Stock Analysis

• Market Cap: HK$710.66M
• Dividend Yield: 4.71%
• Average Volume (3M): 17.37K
• Price to Earnings (P/E): 3.0
• Beta (1Y): 0.31
• Revenue Growth: -1.20%
• EPS Growth: 31.20%
• Country: HK
• Employees: 200
• Sector: Financial
• Sector Strength: 78
• Industry: Real Estate - Services
• EPS (TTM): 0.28
• Shares Outstanding: 836,074,200
• 10 Day Avg. Volume: 46,320
• 30 Day Avg. Volume: 17,373
• PEG Ratio: 0.14
• Price to Book (P/B): 0.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.64
• 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

• Rating: 73 Outperform
• Price Target: ―

Multifield International Holdings scores well due to its stable financial performance and attractive valuation. While technical analysis indicates strong upward momentum, caution is advised due to the RSI nearing overbought levels. Despite liquidity concerns from declining cash flows, the company's low leverage and strong equity position provide a solid foundation.

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 several key streams. The primary source of income is rental income from its diversified property portfolio, which includes residential, commercial, and industrial properties. The company also earns from property management services, providing comprehensive facilities management to enhance property value and ensure tenant satisfaction. Additionally, Multifield engages in property development projects, generating income through the sale of developed properties. Strategic partnerships and joint ventures with other real estate companies further enhance its revenue potential, allowing for shared investment risks and access to larger projects. External economic factors, such as property market trends and regional economic conditions, also significantly impact the company's earnings.

Multifield International Holdings Limited Financial Statement Overview

Summary

Multifield International Holdings Limited shows stable financial performance with revenue growth and strong profitability margins, but declining cash flows and inconsistent ROE suggest possible liquidity challenges. The company maintains a healthy balance sheet with low leverage.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
285.85M	283.67M	273.71M	268.26M	252.48M
	Gross Profit
238.14M	235.46M	230.80M	216.17M	252.48M
	EBIT
197.82M	240.88M	501.50M	568.33M	208.10M
	EBITDA
216.80M	221.15M	504.43M	571.73M	0.00
	Net Income Common Stockholders
235.18M	179.23M	371.26M	421.30M	37.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.39B	1.27B	1.33B	1.29B	1.34B
	Total Assets
13.38B	13.21B	13.14B	13.34B	12.73B
	Total Debt
1.64B	1.54B	1.50B	1.49B	1.63B
	Net Debt
1.25B	1.08B	927.36M	1.02B	1.16B
	Total Liabilities
3.42B	3.31B	3.45B	3.48B	3.31B
	Stockholders Equity
8.11B	8.06B	7.92B	8.08B	7.58B
Cash Flow		Free Cash Flow
0.00	126.84M	149.85M	191.45M	171.97M
	Operating Cash Flow
-101.83M	129.12M	149.85M	191.56M	172.06M
	Investing Cash Flow
-14.54M	14.52M	-10.40M	15.86M	2.87M
	Financing Cash Flow
0.00	-302.43M	-53.02M	-202.39M	-243.66M

Multifield International Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0898, the sentiment is Neutral. The current price of 0.85 is below the 20-day moving average (MA) of 0.88, below the 50-day MA of 0.88, and above the 200-day MA of 0.82, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 42.06 is Neutral, neither overbought nor oversold. The STOCH value of 23.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
0898	73 Outperform	HK$710.66M	3.02	2.91%	4.71%	-1.20%	31.20%
Sector *	64 Neutral	$12.93B	9.70	7.85%	78.03%	12.07%	-7.83%
DCOHF		$338.37M	9.49	5.58%	4.19%	―	―
GXYEF		$18.72B	15.00	11.92%	3.04%	―	―
HLDVF		$15.45B	19.05	1.94%	10.38%	―	―
NWWDF		$1.62B	―	-10.34%	10.40%	―	―
SNLAF		$9.55B	19.36	2.17%	0.24%	―	―

Multifield International Holdings Limited Corporate Events

Multifield International Holdings Announces 2025 AGM with Key Resolutions

Multifield International Holdings Limited has announced its upcoming annual general meeting scheduled for May 28, 2025, where key resolutions will be discussed. These include the approval of financial statements, declaration of a final dividend, re-election of a director, and re-appointment of auditors. Additionally, the company seeks shareholder approval to authorize the directors to allot and issue shares, which could impact the company’s capital structure and market positioning.

Multifield International Holdings Declares Final Dividend for 2024

Multifield International Holdings Limited has announced a final cash dividend of HKD 0.02 per share for the financial year ending December 31, 2024. This announcement, dated March 27, 2025, outlines the timeline for shareholder approval and payment, with the ex-dividend date set for May 30, 2025, and payment scheduled for June 26, 2025. This dividend declaration reflects the company’s ongoing commitment to returning value to its shareholders and may influence investor sentiment and market positioning.

Multifield International Holdings Limited Reports Increased Annual Profit Despite Exchange Losses

Multifield International Holdings Limited reported its annual financial results for the year ended December 31, 2024, showing a slight increase in revenue to HK$285,848,000 from HK$283,671,000 in 2023. The company’s profit for the year rose significantly to HK$283,923,000 from HK$248,907,000, driven by substantial fair value changes on financial assets. However, the total comprehensive income for the year decreased due to significant exchange losses on foreign operations, impacting the overall financial performance.

Multifield International Enters Corporate Guarantee Agreement for Land Development

Multifield International Holdings Limited has entered into a corporate guarantee agreement to cover 49% of the repayment obligations of a joint venture borrower for a loan of up to RM132,000,000, which will be used for land acquisition and development. This transaction is classified as discloseable under Hong Kong’s listing rules, indicating a significant financial commitment by the company, potentially impacting its financial resources and strategic positioning in the property development sector.

Multifield International Holdings Schedules Board Meeting for Annual Results

Multifield International Holdings Limited, incorporated in Bermuda, has announced a board meeting scheduled for March 27, 2025. The meeting will focus on approving the company’s annual results for the year ending December 31, 2024, and considering the recommendation of a final dividend payment, if any.