
Man Wah Holdings Limited
1999.HKHKSEConsumer CyclicalFurnishings, Fixtures & Appliances
Latest quote
HK$3.155
+HK$0.02 · +0.64%
1999.HK company overview
Regular session · HKT · Market data may be delayed.
Company profile
Company websiteMan Wah Holdings Limited functions as an investment holding company, primarily focused on the global production, wholesale, and distribution of sofas and related furniture items. Its market reach spans the People's Republic of China, North America, Europe, and various other international markets. The company structures its diverse business activities across segments including Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business. Beyond its core sofa offerings, Man Wah manufactures mattresses, components for smart furniture, and metal mechanisms essential for recliners. It also supplies chairs and other specialized products to commercial clients such as high-speed railways and cinema chains. The company's broader operations encompass advertising and marketing for home furnishings, property investment, real estate development and management services, and the management, leasing, and operation of furniture shopping centers. Additionally, it engages in the manufacturing and trading of bedding products, various types of furniture, furniture components, and foam products, alongside research and production of advanced smart drive machines and electric regulators. Its service portfolio includes offshore sales, business and back-office support, general business management, advertising, design services, as well as comprehensive marketing, logistics, and warehousing solutions. Man Wah also manages hotel operations and sells residential properties. As of March 31, 2022, the company maintained a significant retail presence in China, operating 5,968 branded stores. Established in 1992 and headquartered in Fo Tan, Hong Kong, Man Wah Holdings Limited operates as a subsidiary of Man Wah Investments Limited.
- Industry
- Furnishings, Fixtures & Appliances
- Sector
- Consumer Cyclical
- Headquarters
- HK
- CEO
- Man Li Wong
- Listed since
- Apr 9, 2010
- Employees
- 26,050
Market position
Day range
Current HK$3.155
52-week range
Current HK$3.155
- Open
- HK$3.11
- Previous close
- HK$3.135
- Volume
- 3.01M
- 0.3× average
- Average volume
- 10.11M
- Average daily volume
- Market cap
- 12.13B HKD
- Beta
- 1.42
- Market reference 1
- 50-day average
- HK$3.1492
- +0.18% above average
- 200-day average
- HK$4.1724
- -24.38% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- P/E (TTM)
- 6.71×
- P/B (TTM)
- 0.86×
- P/S (TTM)
- 0.74×
- Dividend yield
- 7.61%
Profitability & efficiency
- Gross margin
- 39.43%
- Operating margin
- 14.20%
- Net margin
- 11.03%
Financial health
- Debt / equity
- 0.34×
- Altman Z-score
- 4.12
- Piotroski F-score
- 6 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (HKD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 16.43B HKD | 16.9B HKD | 18.41B HKD | 17.35B HKD | 21.5B HKD |
| Cost of goods sold | 9.95B HKD | 10.06B HKD | 11.16B HKD | 10.67B HKD | 13.61B HKD |
| Gross profit | 6.48B HKD | 6.84B HKD | 7.25B HKD | 6.68B HKD | 7.89B HKD |
| Research and development | — | — | — | 12.58M HKD | 13.37M HKD |
| Selling, general, and administrative | 4.14B HKD | 3.83B HKD | 4.27B HKD | 4.36B HKD | 5.27B HKD |
| Operating expenses | 4.03B HKD | 4.02B HKD | 4.19B HKD | 4.37B HKD | 5.25B HKD |
| Interest income | 122.16M HKD | 130.78M HKD | 152.1M HKD | 120.31M HKD | 71.16M HKD |
| Interest expense | 91.18M HKD | 147.82M HKD | 200.5M HKD | 164.86M HKD | 79.69M HKD |
| Depreciation and amortization | 651.84M HKD | 535.7M HKD | 572.88M HKD | 684.52M HKD | 684.53M HKD |
| Operating income | 2.26B HKD | 2.82B HKD | 3.06B HKD | 2.31B HKD | 2.64B HKD |
| Net income | 1.81B HKD | 2.06B HKD | 2.3B HKD | 1.91B HKD | 2.25B HKD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 55%
- 6 beats, 5 misses, 0 met estimates
- Average EPS surprise
- -3.21%
- 11 comparable reports
- Latest EPS result
- 0.17
- Estimate 0.24 · Miss by 29.17%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
HK$0.27
2025 complete year-6.9% since 2021
2026 partial: HK$0.09
HK$0.29
2,021
HK$0.32
2,022
HK$0.25
2,023
HK$0.30
2,024
HK$0.27
2,025
HK$0.09
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Jul 7, 2026 | HK$0.09Semi-Annual | Jul 8, 2026 | Jul 22, 2026 |
Dividend | Dec 1, 2025 | HK$0.15Semi-Annual | Dec 2, 2025 | Dec 17, 2025 |
Dividend | Jul 4, 2025 | HK$0.12Semi-Annual | Jul 7, 2025 | Jul 23, 2025 |
Dividend | Dec 10, 2024 | HK$0.15Semi-Annual | Dec 11, 2024 | Jan 8, 2025 |
Dividend | Jul 4, 2024 | HK$0.15Semi-Annual | Jul 5, 2024 | Jul 22, 2024 |
Dividend | Nov 28, 2023 | HK$0.15Semi-Annual | Nov 29, 2023 | Jan 2, 2024 |
Ex-dividend Jul 7, 2026
HK$0.09
Semi-Annual
Record Jul 8, 2026 · Payment Jul 22, 2026
Ex-dividend Dec 1, 2025
HK$0.15
Semi-Annual
Record Dec 2, 2025 · Payment Dec 17, 2025
Ex-dividend Jul 4, 2025
HK$0.12
Semi-Annual
Record Jul 7, 2025 · Payment Jul 23, 2025
Ex-dividend Dec 10, 2024
HK$0.15
Semi-Annual
Record Dec 11, 2024 · Payment Jan 8, 2025
Ex-dividend Jul 4, 2024
HK$0.15
Semi-Annual
Record Jul 5, 2024 · Payment Jul 22, 2024
Ex-dividend Nov 28, 2023
HK$0.15
Semi-Annual
Record Nov 29, 2023 · Payment Jan 2, 2024
1999.HK peers
ETFs holding 1999.HK
Funds reporting this stock among their holdings, ordered by reported position size.
Global X Hang Seng High Dividend Yield ETF (HKD)3110.HK122.21M2.08%5.93B HKD0.68%HK$31.78-0.50%
Vanguard Total International Stock ETFVXUS8.7M0.00%646.2B USD0.05%$87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA5.67M0.00%315B USD0.03%$73.42+0.80%
iShares Core MSCI EAFE ETFIEFA4.54M0.00%195.14B USD0.07%$100.85+0.86%
WisdomTree International SmallCap Dividend FundDLS2.52M0.23%1.06B USD0.58%$88.97+0.85%
iShares MSCI EAFE Small-Cap ETFSCZ2.15M0.02%13.28B USD0.40%$86.60+0.70%
Vanguard FTSE All-World ex-US ETFVEU1.33M0.00%95.9B USD0.04%$85.69+0.82%
Schwab International Equity ETFSCHF1.28M0.00%69.7B USD0.03%$28.46+0.85%
Global X Hang Seng High Dividend Yield ETF (HKD)3110.HK- Market value
- 122.21M
- Weight
- 2.08%
- AUM
- 5.93B HKD
- Expense ratio
- 0.68%
- Price / 1D
- HK$31.78-0.50%
Vanguard Total International Stock ETFVXUS- Market value
- 8.7M
- Weight
- 0.00%
- AUM
- 646.2B USD
- Expense ratio
- 0.05%
- Price / 1D
- $87.71+0.78%
Vanguard FTSE Developed Markets ETFVEA- Market value
- 5.67M
- Weight
- 0.00%
- AUM
- 315B USD
- Expense ratio
- 0.03%
- Price / 1D
- $73.42+0.80%
iShares Core MSCI EAFE ETFIEFA- Market value
- 4.54M
- Weight
- 0.00%
- AUM
- 195.14B USD
- Expense ratio
- 0.07%
- Price / 1D
- $100.85+0.86%
WisdomTree International SmallCap Dividend FundDLS- Market value
- 2.52M
- Weight
- 0.23%
- AUM
- 1.06B USD
- Expense ratio
- 0.58%
- Price / 1D
- $88.97+0.85%
iShares MSCI EAFE Small-Cap ETFSCZ- Market value
- 2.15M
- Weight
- 0.02%
- AUM
- 13.28B USD
- Expense ratio
- 0.40%
- Price / 1D
- $86.60+0.70%
Vanguard FTSE All-World ex-US ETFVEU- Market value
- 1.33M
- Weight
- 0.00%
- AUM
- 95.9B USD
- Expense ratio
- 0.04%
- Price / 1D
- $85.69+0.82%
Schwab International Equity ETFSCHF- Market value
- 1.28M
- Weight
- 0.00%
- AUM
- 69.7B USD
- Expense ratio
- 0.03%
- Price / 1D
- $28.46+0.85%
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