Regina Miracle International (Holdings) Limited (2199) AI Stock Analysis

• Market Cap: HK$2.33B
• Dividend Yield: 1.32%
• Average Volume (3M): 79.07K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 0.31
• Revenue Growth: 11.73%
• EPS Growth: 28.38%
• Country: HK
• Employees: 39,148
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Apparel - Manufacturers
• EPS (TTM): 0.10
• Shares Outstanding: 1,224,250,000
• 10 Day Avg. Volume: 85,600
• 30 Day Avg. Volume: 79,066
• PEG Ratio: 0.48
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 0.28
• P/FCF Ratio: 2.86
• 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: HK$2.00
• Price Target Upside: 5.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: HK$2.00 ▲(5.26% Upside)

The overall stock score of 65 reflects Regina Miracle International's solid financial performance and reasonable valuation. The company's consistent revenue growth and improving cash flow are significant strengths. However, the high leverage on the balance sheet and bearish technical indicators present risks that need to be managed. The lack of earnings call data and corporate events means these factors did not influence the score.

Regina Miracle International (Holdings) Limited Business Overview & Revenue Model

Company Description

Regina Miracle International (Holdings) Limited, an investment holding company, designs, manufactures, and trades in a range of intimate wear and functional sports products. It operates through Intimate Wear, Sports Products, Consumer Electronics Components, Bra Pads and Moulded Products, Footwear, and Fabric Masks segments. The company offers bras, bra tops, panties, shapewear, and swimwear; sports bras, leggings, shorts, and tops; virtual reality headsets, keyboards, laptops, and tablet PC accessories; bra pads and other molded products; and shoes. It is also involved in the development, manufacturing, and trading of fabric sports masks; and provision of sales agency and information technology services. The company operates in the United States, the People's Republic of China, Europe, Japan, Malaysia, Indonesia, Singapore, the Philippines, Vietnam, Thailand, Bangladesh, Sri Lanka, India, Korea, Canada, Australia, and internationally. The company was founded in 1998 and is headquartered in Kwai Chung, Hong Kong. Regina Miracle International (Holdings) Limited is a subsidiary of Regent Marvel Investment Holdings Limited.

How the Company Makes Money

Regina Miracle generates revenue primarily through the manufacture and sale of intimate apparel to various international brands and retailers. The company operates a business model that includes both original equipment manufacturing (OEM) and original design manufacturing (ODM), allowing it to produce goods under clients' brand names as well as its own. Key revenue streams include bulk orders from established brands, which often involve long-term contracts, and the development of proprietary products that can be marketed under Regina Miracle's brand. Additionally, the company benefits from strategic partnerships with major retailers and fashion brands, enhancing its market reach and sales volume. Factors contributing to its earnings include its ability to innovate in product design, maintain efficient production processes, and adapt to changing consumer preferences in the apparel sector.

Regina Miracle International (Holdings) Limited Financial Statement Overview

Summary

Regina Miracle International faces challenges with declining revenue and profit margins, high leverage, and declining free cash flow. Despite operational efficiency, these concerns weigh heavily on financial performance.

Income Statement

The income statement reveals a decline in revenue from the previous year, indicating negative growth. Gross profit and net profit margins have also decreased, pointing to reduced profitability. Despite this, the company maintains a reasonable EBIT and EBITDA margin, suggesting operational efficiency. However, the negative revenue trend and shrinking margins are concerning.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating significant leverage which could pose financial risks. Return on equity has decreased, reflecting lower profitability from shareholders' perspectives. However, the equity ratio remains stable, indicating a balanced asset structure. The company's financial stability is moderate, but high leverage is a concern.

Cash Flow

Cash flow analysis shows a significant decline in free cash flow compared to the previous year, signaling potential liquidity issues. The operating cash flow to net income ratio remains healthy, indicating efficient cash generation relative to profits. However, the negative growth in free cash flow raises concerns about future cash availability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.45B	7.84B	7.02B	7.88B	8.35B	5.97B
Gross Profit	1.68B	1.83B	1.58B	1.90B	2.05B	1.24B
EBITDA	1.10B	1.06B	981.19M	1.35B	1.33B	819.90M
Net Income	103.97M	183.89M	143.18M	383.26M	520.69M	125.52M
Balance Sheet
Total Assets	9.06B	8.89B	8.60B	8.68B	9.42B	8.74B
Cash, Cash Equivalents and Short-Term Investments	885.01M	907.83M	623.12M	675.03M	995.03M	827.98M
Total Debt	4.26B	4.37B	4.28B	4.12B	4.41B	4.52B
Total Liabilities	5.58B	5.73B	5.23B	5.14B	5.78B	5.67B
Stockholders Equity	3.48B	3.16B	3.37B	3.55B	3.64B	3.07B
Cash Flow
Free Cash Flow	588.50M	771.68M	308.17M	1.07B	468.55M	-218.32M
Operating Cash Flow	955.65M	1.19B	746.98M	1.51B	1.03B	444.71M
Investing Cash Flow	-406.44M	-396.31M	-393.31M	-868.26M	-458.99M	-726.82M
Financing Cash Flow	-171.33M	-341.05M	-251.56M	-865.38M	-460.31M	510.88M

Regina Miracle International (Holdings) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2199, the sentiment is Positive. The current price of 1.9 is above the 20-day moving average (MA) of 1.86, above the 50-day MA of 1.83, and below the 200-day MA of 1.92, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 54.55 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2199.

Regina Miracle International (Holdings) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2199	65 Neutral	HK$2.33B	12.65	5.63%	1.32%	11.73%	28.38%
Sector *	56 Neutral	HK$25.46B	5.06	-2.69%	5.60%	-0.43%	-53.15%
PTEXF	―	$262.62M	10.45	5.75%	―	―	―
2232	81 Outperform	HK$17.43B	11.14	13.55%	4.17%	13.03%	22.23%
1982	72 Outperform	HK$1.98B	5.79	14.40%	12.99%	-0.61%	-5.36%
2368	72 Outperform	HK$2.30B	10.40	13.04%	7.50%	17.99%	-20.83%
1425	70 Neutral	HK$825.00M	4.84	21.91%	8.62%	-4.16%	-2.85%

Regina Miracle International (Holdings) Limited Corporate Events

Regina Miracle Announces Annual General Meeting and Key Resolutions

Regina Miracle International (Holdings) Limited has announced its upcoming annual general meeting scheduled for September 4, 2025, in Hong Kong. Key agenda items include the consideration of audited financial statements, declaration of a final dividend, re-election of directors, and re-appointment of auditors. Additionally, the meeting will address resolutions allowing the directors to allot and issue shares, potentially impacting the company’s capital structure and market positioning.

Regina Miracle Adopts Share Award Scheme to Boost Employee Incentives

Regina Miracle International (Holdings) Limited, a company incorporated in the Cayman Islands, has announced the adoption of a Share Award Scheme aimed at recognizing and rewarding the efforts of its directors, management, and employees. The scheme is designed to provide fair and competitive compensation, incentivize staff, and drive the achievement of the company’s strategic objectives. The Share Award Scheme will be funded by existing shares and will not require shareholder approval, as it does not involve the issuance of new shares. This strategic move is expected to enhance employee motivation and align their interests with the company’s long-term goals.

Regina Miracle Updates Audit Committee Terms to Strengthen Governance

Regina Miracle International (Holdings) Limited has announced a revision to the terms of reference for its Audit Committee, effective June 26, 2025. This revision reflects the company’s ongoing commitment to maintaining robust corporate governance and compliance with the Listing Rules of the Hong Kong Stock Exchange, potentially enhancing stakeholder confidence and aligning with industry standards.

Regina Miracle Updates Nomination Committee Terms

Regina Miracle International (Holdings) Limited has revised the terms of reference for its Nomination Committee as of June 26, 2025. This revision reflects the company’s ongoing commitment to maintaining robust governance structures, which may enhance its operational efficiency and reinforce its market position.

Regina Miracle Updates ESG Committee Terms to Strengthen Sustainability Focus

Regina Miracle International (Holdings) Limited has revised the terms of reference for its Environmental, Social and Governance (ESG) Committee, effective from June 26, 2025. This move underscores the company’s dedication to enhancing its ESG practices, which could positively influence its market positioning and stakeholder relations by aligning with global sustainability trends.

Regina Miracle Renews Property Leasing Agreement with RM Technology

Regina Miracle International (Holdings) Limited announced the renewal of its property leasing agreement with RM Technology, effective from July 1, 2025, to June 30, 2026, at a monthly rent of RMB1,215,317.76. These transactions are considered connected transactions under Hong Kong’s Listing Rules due to the involvement of Mr. Hung, the company’s chairman and controlling shareholder, and are subject to specific reporting and review requirements.

Regina Miracle Reports Strong Fiscal 2025 Results and Strategic Developments

Regina Miracle International (Holdings) Limited reported its annual results for the fiscal year ending March 31, 2025, showing a significant increase in revenue and profit. Revenue rose by 11.7% to HK$7.84 billion, while profit attributable to owners increased by 28.4% to HK$183.9 million. The company also announced the proposed adoption of new articles and a 2025 share option scheme, terminating the 2015 scheme. These developments indicate a positive trajectory for the company, enhancing its market position and potentially benefiting stakeholders.

Regina Miracle Declares Final Dividend for FY2025

Regina Miracle International (Holdings) Limited has announced a final ordinary cash dividend of HKD 0.043 per share for the financial year ending 31 March 2025. The dividend will be paid on 8 October 2025, following shareholder approval on 4 September 2025. The ex-dividend date is set for 8 September 2025, with the record date on 15 September 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

Regina Miracle to Announce Annual Results and Dividend Decision

Regina Miracle International (Holdings) Limited has announced a board meeting scheduled for June 26, 2025, to discuss and approve the company’s annual results for the fiscal year ending March 31, 2025. The meeting will also consider the recommendation of a final dividend, which could impact the company’s financial strategy and shareholder returns.