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Mainland Headwear Holdings Limited logo

Mainland Headwear Holdings Limited

1100.HK

HKSEConsumer CyclicalApparel - Footwear & Accessories

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Latest quote

HK$1.365

−HK$0.005 · -0.36%

Aug 24, 3:47 PM HKT

1100.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Mainland Headwear Holdings Limited, an investment holding company, designs, manufactures, trades in, and distributes headwear products in the United States, Europe, the People’s Republic of China, Hong Kong, and internationally. The company operates through Manufacturing Business and Trading Business segments. It also engages in the trading and distribution of headwear, apparel, small leather goods, bags, and accessories; property holding; provision of research and development, quality control, and administrative, as well as provision of digitizing services; and sourcing and trading of headwear and accessories. Mainland Headwear Holdings Limited was founded in 1986 and is headquartered in Kowloon Bay, Hong Kong.

Industry
Apparel - Footwear & Accessories
Sector
Consumer Cyclical
Headquarters
HK
CEO
Po Ling Ngan
Listed since
Dec 14, 2000
Employees
8,606

Market position

Day range

Current HK$1.365

52-week range

Current HK$1.365

Open
HK$1.36
Previous close
HK$1.37
Volume
80K
1.26× average
Average volume
63.55K
Average daily volume
Market cap
585.81M HKD
Beta
0.25
Market reference 1
50-day average
HK$1.4587
-6.42% below average
200-day average
HK$1.4078
-3.04% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%25%13%1%Gross margin, FY2021: 29.95%Gross margin, FY2022: 34.00%Gross margin, FY2023: 33.57%Gross margin, FY2024: 30.89%Gross margin, FY2025: 30.94%Operating margin, FY2021: 11.33%Operating margin, FY2022: 14.09%Operating margin, FY2023: 13.40%Operating margin, FY2024: 7.66%Operating margin, FY2025: 8.05%Net margin, FY2021: 8.00%Net margin, FY2022: 10.42%Net margin, FY2023: 8.31%Net margin, FY2024: 3.87%Net margin, FY2025: 6.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.95%. Gross margin FY2022 34.00%. Gross margin FY2023 33.57%. Gross margin FY2024 30.89%. Gross margin FY2025 30.94%. Operating margin FY2021 11.33%. Operating margin FY2022 14.09%. Operating margin FY2023 13.40%. Operating margin FY2024 7.66%. Operating margin FY2025 8.05%. Net margin FY2021 8.00%. Net margin FY2022 10.42%. Net margin FY2023 8.31%. Net margin FY2024 3.87%. Net margin FY2025 6.96%.

Income trends

Revenue

1.7B HKD+15.37%

Operating income

136.99M HKD+21.22%

Net income

118.47M HKD+107.57%
Income trends across reported periods2.06B HKD1.33B HKD602.28M HKD−124.66M HKDRevenue, FY2021: 1.6B HKDRevenue, FY2022: 1.87B HKDRevenue, FY2023: 1.42B HKDRevenue, FY2024: 1.47B HKDRevenue, FY2025: 1.7B HKDOperating income, FY2021: 181.23M HKDOperating income, FY2022: 264.06M HKDOperating income, FY2023: 190.2M HKDOperating income, FY2024: 113M HKDOperating income, FY2025: 136.99M HKDNet income, FY2021: 128.08M HKDNet income, FY2022: 195.39M HKDNet income, FY2023: 117.95M HKDNet income, FY2024: 57.07M HKDNet income, FY2025: 118.47M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.6B HKD. Revenue FY2022 1.87B HKD. Revenue FY2023 1.42B HKD. Revenue FY2024 1.47B HKD. Revenue FY2025 1.7B HKD. Operating income FY2021 181.23M HKD. Operating income FY2022 264.06M HKD. Operating income FY2023 190.2M HKD. Operating income FY2024 113M HKD. Operating income FY2025 136.99M HKD. Net income FY2021 128.08M HKD. Net income FY2022 195.39M HKD. Net income FY2023 117.95M HKD. Net income FY2024 57.07M HKD. Net income FY2025 118.47M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue1.7B HKD1.47B HKD1.42B HKD1.87B HKD1.6B HKD
Cost of goods sold1.17B HKD1.02B HKD942.63M HKD1.24B HKD1.12B HKD
Gross profit526.24M HKD455.48M HKD476.36M HKD637.3M HKD479.22M HKD
Selling, general, and administrative385.67M HKD366.32M HKD358.33M HKD375.66M HKD326.38M HKD
Operating expenses389.26M HKD342.48M HKD286.16M HKD375.66M HKD297.99M HKD
Interest income3.53M HKD2.94M HKD2.1M HKD574K HKD371K HKD
Interest expense13.4M HKD14.67M HKD15.28M HKD13.65M HKD7.69M HKD
Depreciation and amortization111.92M HKD95.04M HKD86.51M HKD90.25M HKD81.26M HKD
Operating income136.99M HKD113M HKD190.2M HKD264.06M HKD181.23M HKD
Net income118.47M HKD57.07M HKD117.95M HKD195.39M HKD128.08M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.30.210.130.04Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.155, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.146, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 0.195, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 23, 2023: actual 0.26, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 0.149, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.123, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 0.081, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 0.05, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates979.59M853.41M727.24M601.06MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 741.66M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 858.6M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 30, 2022: actual 941.91M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 23, 2023: actual 932.51M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 29, 2023: actual 780.26M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 638.74M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 687.11M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 787.37M HKD, estimate —, surprise —, Comparison unavailable.

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