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Miricor Enterprises Holdings Ltd (HK:1827)
:1827
Hong Kong Market

Miricor Enterprises Holdings Ltd (1827) AI Stock Analysis

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HK

Miricor Enterprises Holdings Ltd

(1827)

Rating:51Neutral
Price Target:
Miricor Enterprises has a moderate overall stock score of 51. Financial performance is a mixed bag with strong revenue growth and cash flow, but profitability remains a concern. Technically, the stock shows signs of bearish momentum, and valuation metrics highlight potential investor caution. The company needs to address profitability to improve its stock attractiveness.

Miricor Enterprises Holdings Ltd (1827) vs. iShares MSCI Hong Kong ETF (EWH)

Miricor Enterprises Holdings Ltd Business Overview & Revenue Model

Company DescriptionMiricor Enterprises Holdings Ltd (1827) is a company listed on the Hong Kong Stock Exchange, primarily engaged in the aesthetic medical services industry. The company offers a range of beauty and wellness services, including skin treatments, body contouring, and other non-invasive cosmetic procedures. Miricor operates through its subsidiaries and branded clinics, focusing on providing high-quality aesthetic treatments and personalized care to its clients.
How the Company Makes MoneyMiricor Enterprises Holdings Ltd generates revenue primarily through its network of aesthetic medical clinics. The company's core revenue streams include fees from various cosmetic treatments and services offered at its clinics. These services encompass a wide array of non-surgical and minimally invasive procedures that cater to the growing demand for beauty and wellness solutions. In addition to direct service fees, Miricor may also benefit from partnerships with suppliers of medical and cosmetic equipment or skincare products, which can enhance its service offerings and potentially contribute to its earnings. The company's ability to attract and retain clients seeking aesthetic enhancements is a critical factor in its financial performance.

Miricor Enterprises Holdings Ltd Financial Statement Overview

Summary
Miricor Enterprises shows moderate financial health with revenue growth and strong cash flow but faces profitability challenges. Despite negative net margins, revenue growth is promising. The balance sheet indicates moderate leverage and liquidity, but decreased equity is a concern. Cash flows are robust, supporting operations despite capital expenditures.
Income Statement
55
Neutral
Miricor Enterprises shows moderate performance in its income statement. The gross profit margin has decreased from 51.4% to 45.6% over the past year, indicating a decline in operational efficiency. The company sustained a net loss, with the net profit margin at -2.6%, although this is an improvement from the previous year's -4.4%. Revenue growth is strong at 6.7%, suggesting potential for future expansion. EBIT margin remains negative, but EBITDA margin improved to 17.5%, reflecting some operational resilience.
Balance Sheet
60
Neutral
The balance sheet reveals a stable but cautious financial position. The debt-to-equity ratio is 0.73, indicating a moderate level of leverage. However, stockholders' equity has decreased, reducing the equity ratio to 28.5%. Return on equity is negative due to net losses, but the company's total assets remain relatively stable. Liquidity is supported by a good cash position, providing some buffer against financial challenges.
Cash Flow
65
Positive
Cash flow analysis shows a positive trajectory, with free cash flow remaining positive at 58.2 million and an improvement from the previous year. The operating cash flow to net income ratio is robust, indicating effective cash generation relative to earnings. Despite negative free cash flow growth due to higher capital expenditures, the company maintains a healthy cash conversion, supporting operational needs.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue457.33M494.26M463.12M363.92M128.87M176.53M
Gross Profit234.83M252.81M238.23M209.54M44.99M77.21M
EBITDA48.77M86.62M70.34M94.02M16.93M48.15M
Net Income-196.00K-12.62M-20.50M25.38M-12.65M13.56M
Balance Sheet
Total Assets468.67M479.44M516.81M476.81M372.13M357.25M
Cash, Cash Equivalents and Short-Term Investments128.56M145.43M116.91M65.68M161.77M157.33M
Total Debt109.84M99.75M130.28M48.16M42.49M48.50M
Total Liabilities332.06M342.68M366.10M305.54M226.56M199.02M
Stockholders Equity136.61M136.76M150.71M171.27M145.57M158.23M
Cash Flow
Free Cash Flow85.55M58.24M72.67M-67.61M19.07M53.50M
Operating Cash Flow96.47M84.45M99.45M44.03M24.54M63.51M
Investing Cash Flow-29.88M-59.00M-37.84M-97.51M52.20M26.12M
Financing Cash Flow-55.25M-55.59M-21.92M-28.73M-14.65M-15.37M

Miricor Enterprises Holdings Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.14
Price Trends
50DMA
1.14
Positive
100DMA
1.14
Positive
200DMA
1.13
Positive
Market Momentum
MACD
<0.01
Negative
RSI
53.04
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1827, the sentiment is Positive. The current price of 1.14 is above the 20-day moving average (MA) of 1.14, above the 50-day MA of 1.14, and above the 200-day MA of 1.13, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.04 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1827.

Miricor Enterprises Holdings Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
HK$2.21B10.6947.22%25.68%-9.98%-12.36%
56
Neutral
HK$23.98B4.09-1.57%6.81%0.06%-64.88%
51
Neutral
HK$456.00M43.027.45%-6.33%99.46%
51
Neutral
HK$163.46M-18.22%-56.16%62.50%
51
Neutral
HK$232.71M14.761.67%-5.11%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1827
Miricor Enterprises Holdings Ltd
1.14
-0.01
-0.87%
HK:2168
Kaisa Prosperity Holdings Ltd.
1.52
-0.66
-30.28%
HK:1830
Perfect Medical Health Management Limited
1.70
-0.54
-24.11%
HK:8143
Good Fellow Healthcare Holdings Limited
0.14
-0.05
-26.32%

Miricor Enterprises Holdings Ltd Corporate Events

Miricor Enterprises Secures HK$10 Million Loan Facility with Shareholding Conditions
Feb 28, 2025

Miricor Enterprises Holdings Limited announced that its subsidiary, G Max Group Limited, has entered into a facility agreement with a bank for a trade finance and revolving loan facility amounting to HK$10 million. The agreement requires the controlling shareholders, led by Chairlady Ms. Lai Ka Yee Gigi, to maintain at least 51% ownership of the company’s issued share capital. Failure to comply with this condition could result in the bank canceling the facility and demanding immediate repayment of all outstanding amounts.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 22, 2025