Mi Ming Mart Holdings Limited (8473) AI Stock Analysis

• Market Cap: HK$129.92M
• Dividend Yield: 52.54%
• Average Volume (3M): 645.55K
• Price to Earnings (P/E): 50.4
• Beta (1Y): 0.15
• Revenue Growth: -11.32%
• EPS Growth: -74.44%
• Country: HK
• Employees: 78
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): <0.01
• Shares Outstanding: 1,120,000,000
• 10 Day Avg. Volume: 1,512,661
• 30 Day Avg. Volume: 645,553
• PEG Ratio: -0.46
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 1.29
• P/FCF Ratio: 7.76
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: HK$0.13 ▲(7.50% Upside)

Mi Ming Mart Holdings Limited's overall stock score is primarily influenced by its strong cash flow and stable balance sheet, which are offset by declining revenue and profitability margins. The technical indicators suggest a neutral market sentiment, while the high dividend yield is a positive aspect despite the high P/E ratio indicating potential overvaluation.

Positive Factors

Cash Flow Strength

Strong cash generation capabilities indicate effective management and provide financial flexibility for future investments and operations.

Balance Sheet Health

Low leverage and a solid capital structure enhance financial stability, reducing risk and supporting long-term growth opportunities.

Gross Profit Margin

A strong gross profit margin reflects efficient cost control, allowing the company to maintain profitability despite revenue challenges.

Negative Factors

Revenue Decline

Declining revenue growth poses a challenge to the company's ability to expand and compete effectively in the retail sector.

Profitability Margins

Decreasing profitability margins indicate challenges in maintaining operational efficiency and could impact long-term financial performance.

Return on Equity

A declining return on equity suggests reduced efficiency in generating profits from shareholders' equity, potentially affecting investor confidence.

Mi Ming Mart Holdings Limited Business Overview & Revenue Model

Company Description

Mi Ming Mart Holdings Limited, an investment holding company, engages in the retail of multi-brand beauty and health products in Hong Kong. The company markets, sells, and distributes skincare products, cosmetic products, and food and health supplements; and offers consignment sales services. It operates ten retail stores under the brand of MI MING MART in Hong Kong. In addition, the company engages in property holding activities. The company was founded in 2009 and is headquartered in Causeway Bay, Hong Kong. Mi Ming Mart Holdings Limited is a subsidiary of Prime Era Holdings Limited.

How the Company Makes Money

Mi Ming Mart Holdings Limited generates revenue through its retail and wholesale operations, primarily by selling grocery items and consumer goods directly to customers in its stores. Key revenue streams include in-store sales from its supermarkets and convenience stores, as well as bulk sales to other retailers and businesses. The company may also benefit from strategic partnerships with suppliers and manufacturers, enabling it to offer a wide range of products at attractive price points. Additionally, Mi Ming Mart may leverage promotional strategies, loyalty programs, and seasonal sales to drive customer traffic and increase sales volumes, further contributing to its overall earnings.

Mi Ming Mart Holdings Limited Financial Statement Overview

Summary

Mi Ming Mart Holdings Limited demonstrates strong cash flow and a stable balance sheet, with low leverage and effective cash management. However, declining revenue and profitability margins indicate challenges in maintaining growth and operational efficiency.

Income Statement

Mi Ming Mart Holdings Limited has shown a decline in revenue over the past year with a revenue growth rate of -10.03%. The gross profit margin remains strong at 61.49%, indicating effective cost management. However, the net profit margin has decreased to 4.28%, reflecting reduced profitability. The EBIT and EBITDA margins have also declined, suggesting challenges in operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.075, indicating low leverage and financial stability. The return on equity has decreased to 4.87%, which may concern investors looking for higher returns. The equity ratio remains strong, showcasing a solid capital structure.

Cash Flow

Cash flow performance is robust, with a 15.63% growth in free cash flow, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 0.44, suggesting efficient conversion of income to cash. The free cash flow to net income ratio is high at 0.93, reflecting effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	117.04M	118.74M	148.84M	171.40M	161.05M	148.91M
Gross Profit	71.04M	73.02M	93.28M	110.27M	104.28M	97.92M
EBITDA	17.04M	21.01M	33.16M	33.23M	40.47M	51.52M
Net Income	2.57M	5.08M	14.92M	20.74M	20.12M	27.14M
Balance Sheet
Total Assets	122.41M	154.63M	165.59M	177.36M	177.93M	181.66M
Cash, Cash Equivalents and Short-Term Investments	28.92M	48.34M	62.11M	78.99M	103.38M	113.64M
Total Debt	9.21M	7.86M	10.64M	12.74M	13.46M	13.99M
Total Liabilities	23.90M	50.31M	23.72M	32.44M	32.47M	29.44M
Stockholders Equity	98.51M	104.31M	141.87M	144.92M	145.46M	152.22M
Cash Flow
Free Cash Flow	21.62M	19.78M	15.63M	38.80M	26.76M	44.61M
Operating Cash Flow	21.76M	21.25M	18.76M	40.66M	37.91M	46.81M
Investing Cash Flow	14.44M	999.00K	-8.02M	-12.57M	-47.11M	-2.13M
Financing Cash Flow	-52.24M	-24.03M	-28.55M	-31.98M	-37.43M	-11.33M

Mi Ming Mart Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.12
• 50DMA: Positive
• 100DMA: Positive
• 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:8473, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.12, and above the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.05 is Neutral, neither overbought nor oversold. The STOCH value of 48.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8473.

Mi Ming Mart Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0104	69 Neutral	HK$165.86M	7.74	4.64%	11.85%	-3.54%	-31.50%
8473	63 Neutral	HK$129.92M	50.43	2.17%	52.54%	-11.32%	-74.44%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
0178	56 Neutral	HK$1.83B	19.34	8.44%	4.75%	-3.18%	-36.46%
1711	48 Neutral	HK$88.80M	-2.73	-87.26%	―	-12.97%	-20.77%
0653	45 Neutral	HK$210.04M	-0.23	―	―	-24.71%	-20.29%
2122	45 Neutral	HK$293.07M	-1.12	―	―	-15.54%	16.04%