Mulsanne Group Holding Limited (1817) AI Stock Analysis

• Market Cap: HK$266.00M
• Dividend Yield: N/A
• Average Volume (3M): 25.48K
• Price to Earnings (P/E): 8.1
• Beta (1Y): -0.20
• Revenue Growth: -7.95%
• EPS Growth: 98.95%
• Country: HK
• Employees: 465
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Retail
• EPS (TTM): 0.03
• Shares Outstanding: 950,000,000
• 10 Day Avg. Volume: 9,600
• 30 Day Avg. Volume: 25,483
• PEG Ratio: -0.56
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.17
• P/FCF Ratio: 9.71
• 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: 54 Neutral
• Price Target: HK$0.29 ▼(-3.00% Downside)
• Action: Reiterated Date: 01/10/26
• Date: Action: Reiterated 01/10/26

The score is held back primarily by weakening financial performance (declining revenue/profitability and cash-flow uncertainty). Technicals are also soft with price below key longer-term averages and a negative MACD. Valuation is a partial offset due to a low P/E, but limited dividend information reduces additional support.

Positive Factors

Strategic partnerships & diversified channels

The company's strategic alliances with international luxury brands and multi-channel distribution (stores, e-commerce, wholesale) create durable access to premium inventory, broaden customer reach and reduce single-channel risk. These partnerships support stable brand recognition and recurring distribution rights that persist beyond short-term cycles.

Negative Factors

Declining revenue and weak profitability

A persistent revenue decline combined with weak EBIT/EBITDA and net margins reduces scale economics, strains the ability to cover fixed retail costs, and limits internal funds for investment. Over the medium term this impedes capacity to rebuild market share or invest in brand growth without external support.

Mulsanne Group Holding Limited Business Overview & Revenue Model

Company Description

Mulsanne Group Holding Limited, an investment holding company, engages in the design, marketing, and sale of apparel products for men, women, and children in Mainland China and Macau. It also offers sportswear. The company provides its products un...

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Mulsanne Group Holding Limited, an investment holding company, engages in the design, marketing, and sale of apparel products for men, women, and children in Mainland China and Macau. It also offers sportswear. The company provides its products un...

How the Company Makes Money

Mulsanne Group generates revenue through multiple streams, primarily from the sale of luxury goods and products under its own brands and through partnerships with renowned luxury labels. The company operates retail outlets and e-commerce platforms...

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Mulsanne Group generates revenue through multiple streams, primarily from the sale of luxury goods and products under its own brands and through partnerships with renowned luxury labels. The company operates retail outlets and e-commerce platforms...

Mulsanne Group Holding Limited Financial Statement Overview

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.15B	2.27B	2.33B	2.33B	2.70B	2.86B
Gross Profit	1.13B	1.20B	1.21B	1.14B	1.33B	1.22B
EBITDA	120.16M	122.51M	299.51M	85.11M	139.85M	-3.76M
Net Income	33.01M	30.95M	39.57M	12.43M	-89.68M	-301.35M
Balance Sheet
Total Assets	2.34B	2.61B	3.01B	3.52B	3.02B	3.22B
Cash, Cash Equivalents and Short-Term Investments	156.28M	186.89M	192.42M	252.19M	677.23M	771.69M
Total Debt	1.14B	1.12B	1.45B	1.97B	1.30B	1.25B
Total Liabilities	1.59B	1.88B	2.30B	2.83B	2.28B	2.41B
Stockholders Equity	745.45M	735.49M	710.80M	684.40M	733.32M	814.33M
Cash Flow
Free Cash Flow	54.79M	38.85M	212.00M	130.62M	28.05M	114.24M
Operating Cash Flow	170.44M	171.68M	297.78M	244.71M	177.73M	246.58M
Investing Cash Flow	-118.12M	-106.38M	-114.11M	-126.09M	-169.15M	-140.51M
Financing Cash Flow	-93.43M	-69.03M	-242.27M	-563.79M	-97.40M	-141.76M

Mulsanne Group Holding Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1817, the sentiment is Neutral. The current price of 0.3 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.28, and below the 200-day MA of 0.33, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.76 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1817.

Mulsanne Group Holding Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0483	70 Outperform	HK$83.40M	-4.24	4.49%	―	-1.14%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0375	55 Neutral	HK$157.57M	-61.60	-5.53%	10.75%	-23.76%	-9785.71%
1817	54 Neutral	HK$266.00M	8.11	4.46%	―	-7.95%	98.95%
1657	49 Neutral	HK$512.00M	-22.08	-3.49%	―	25.11%	64.76%
2528	49 Neutral	HK$160.00M	2.75	-11.64%	―	-5.89%	71.06%
0330	43 Neutral	HK$229.30M	3.33	―	―	―	―