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Millennium Pacific Group Holdings Ltd (HK:8147)
:8147
Hong Kong Market

Millennium Pacific Group Holdings Ltd (8147) AI Stock Analysis

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HK

Millennium Pacific Group Holdings Ltd

(8147)

Rating:45Neutral
Price Target:
HK$0.50
▲(72.41%Upside)
The stock's overall score is primarily affected by its financial performance and technical analysis. While there is a positive trend in profitability metrics, high financial leverage and unstable cash flow pose significant risks. Overbought technical indicators suggest caution in the short term. Valuation metrics do not provide substantial support due to a high P/E ratio and lack of dividend yield.

Millennium Pacific Group Holdings Ltd (8147) vs. iShares MSCI Hong Kong ETF (EWH)

Millennium Pacific Group Holdings Ltd Business Overview & Revenue Model

Company DescriptionMillennium Pacific Group Holdings Ltd (8147) is a company engaged primarily in the design, development, and sale of a range of electronic products. The company's product offerings include smart wearable devices, such as smartwatches and fitness trackers, as well as other consumer electronics that integrate advanced technology to enhance user experience. Millennium Pacific Group Holdings Ltd operates within the technology sector, focusing on leveraging innovations in electronics to meet consumer demands.
How the Company Makes MoneyMillennium Pacific Group Holdings Ltd generates revenue through the sale of its electronic products, including smart wearable devices and other consumer electronics. The company designs and develops its products, which are then manufactured and sold to distributors, retailers, and directly to consumers. Key revenue streams include product sales and potentially related services or accessories. The company's earnings are influenced by market demand for smart technology, consumer electronics trends, and the successful development and marketing of innovative products. Significant partnerships with technology firms, retailers, or distributors may also contribute to its revenue, although specific partnerships are not detailed.

Millennium Pacific Group Holdings Ltd Financial Statement Overview

Summary
Millennium Pacific Group Holdings Ltd shows signs of recovery in profitability, with improved margins and revenue growth. However, significant challenges remain, particularly in terms of financial leverage and cash flow stability. High debt levels and volatile cash generation could pose risks to future financial health and operational resilience.
Income Statement
45
Neutral
The company shows an improvement in profitability with a gross profit margin of 9.15% for 2024 compared to 6.14% in 2023. Net profit margin improved significantly to 4.29% from a negative margin in the previous year. The revenue growth rate was modest at 9.61% from 2023 to 2024. However, historical volatility in EBIT and EBITDA margins poses a concern, reflecting operational challenges.
Balance Sheet
40
Negative
The balance sheet reflects a high debt-to-equity ratio due to negative equity positions in recent years, indicating potential financial risk. The equity ratio improved to 6.1% in 2024, but remains low, suggesting limited financial stability. Return on equity (ROE) is not meaningful due to previous negative equity values. Overall, the company faces challenges in financial leverage and stability.
Cash Flow
30
Negative
The cash flow statement reveals inconsistency, with operating cash flow dropping to zero in 2024 from $7.19M in 2023. Free cash flow also decreased significantly, indicating potential cash management issues. The lack of positive cash flow ratios implies difficulties in converting profits into cash, which could affect future operations.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue67.36M61.46M65.65M82.53M119.34M
Gross Profit6.16M3.77M3.25M4.01M4.08M
EBITDA-326.00K-1.81M-9.90M-16.54M-9.67M
Net Income2.89M-17.33M-20.38M-23.24M-14.97M
Balance Sheet
Total Assets51.84M36.39M38.72M97.06M78.88M
Cash, Cash Equivalents and Short-Term Investments4.66M1.86M1.66M2.61M1.26M
Total Debt13.71M15.30M22.65M23.02M24.40M
Total Liabilities48.01M50.29M37.64M73.72M36.56M
Stockholders Equity3.16M-12.40M1.61M20.76M40.33M
Cash Flow
Free Cash Flow-6.41M7.18M382.00K4.48M-11.04M
Operating Cash Flow-6.41M7.19M575.00K4.48M-11.01M
Investing Cash Flow3.00K42.00K-190.00K3.00K-24.00K
Financing Cash Flow9.24M-6.98M-1.17M-3.14M10.77M

Millennium Pacific Group Holdings Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.29
Price Trends
50DMA
0.27
Positive
100DMA
0.28
Positive
200DMA
0.29
Positive
Market Momentum
MACD
<0.01
Negative
RSI
94.15
Negative
STOCH
91.07
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8147, the sentiment is Positive. The current price of 0.29 is above the 20-day moving average (MA) of 0.27, above the 50-day MA of 0.27, and above the 200-day MA of 0.29, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 94.15 is Negative, neither overbought nor oversold. The STOCH value of 91.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8147.

Millennium Pacific Group 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
60
Neutral
HK$89.72M11.871.60%-4.52%55.30%
56
Neutral
HK$13.54B4.87-5.76%5.64%8.06%-42.52%
45
Neutral
HK$50.08M23.77
9.61%
43
Neutral
HK$54.72M
66.80%88.14%
32
Underperform
HK$44.10M
-8.62%-151.60%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:8147
Millennium Pacific Group Holdings Ltd
0.29
-0.04
-12.12%
HK:1143
Link-Asia International Medtech Group Ltd.
0.40
-1.96
-83.05%
HK:2358
Jiu Rong Holdings Limited
0.01
-0.01
-56.52%
HK:0328
Alco Holdings
0.38
-4.33
-91.93%
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: Jul 01, 2025