Regina Miracle International (Holdings) Limited logo

Regina Miracle International (Holdings) Limited

2199.HK

HKSEConsumer CyclicalApparel - Manufacturers

Latest quote

HK$2.43

−HK$0.12 · -4.71%

Aug 24, 4:08 PM HKT

2199.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Regina Miracle International (Holdings) Limited functions as an investment holding company, primarily engaged in the design, manufacturing, and global distribution of a diverse portfolio of intimate apparel and high-performance athletic goods. The company's operations are divided into several key segments: Intimate Wear, Sports Products, Consumer Electronics Components, Bra Pads and Moulded Products, Footwear, and Fabric Masks. Its extensive product range includes various intimate items like bras, bra tops, panties, shapewear, and swimwear, in addition to athletic wear such as sports bras, leggings, shorts, and tops. Furthermore, it produces accessories for consumer electronics, including virtual reality headsets, keyboards, laptops, and tablet PCs, alongside bra pads, other molded products, and shoes. Beyond manufacturing, Regina Miracle is also involved in the development, production, and sale of specialized fabric sports masks, and offers sales representation and information technology services. With a broad international presence, its markets span the United States, China, Europe, Japan, Malaysia, Indonesia, Singapore, the Philippines, Vietnam, Thailand, Bangladesh, Sri Lanka, India, Korea, Canada, Australia, and numerous other global territories. Established in 1998, the company maintains its main office in Kwai Chung, Hong Kong, and operates as a subsidiary of Regent Marvel Investment Holdings Limited.

Industry
Apparel - Manufacturers
Sector
Consumer Cyclical
Headquarters
HK
CEO
Yau Lit Hung
Listed since
Oct 8, 2015
Employees
34,618

Market position

Day range

Current HK$2.43

52-week range

Current HK$2.43

Open
HK$2.52
Previous close
HK$2.55
Volume
671K
2.46× average
Average volume
272.75K
Average daily volume
Market cap
2.97B HKD
Beta
-0.18
Market reference 1
50-day average
HK$2.0039
+21.26% above average
200-day average
HK$2.1212
+14.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.8B HKD
P/E (TTM)
10.57×
P/B (TTM)
0.96×
P/S (TTM)
0.39×
EV / EBITDA
5.1×
Earnings yield
11.62%
Free cash flow yield
19.98%
Dividend yield
6.17%

Profitability & efficiency

Gross margin
21.79%
Operating margin
7.10%
Net margin
3.67%
Return on equity
9.12%
Return on assets
3.25%
Return on invested capital
6.01%

Financial health

Debt / equity
1.39×
Current ratio
2.09×
Altman Z-score
2.87
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%18%9%-0%Gross margin, FY2021: 24.51%Gross margin, FY2022: 24.14%Gross margin, FY2023: 22.57%Gross margin, FY2024: 23.37%Gross margin, FY2025: 20.96%Operating margin, FY2021: 9.09%Operating margin, FY2022: 10.00%Operating margin, FY2023: 6.47%Operating margin, FY2024: 6.83%Operating margin, FY2025: 8.37%Net margin, FY2021: 6.24%Net margin, FY2022: 4.86%Net margin, FY2023: 2.04%Net margin, FY2024: 2.35%Net margin, FY2025: 3.67%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.51%. Gross margin FY2022 24.14%. Gross margin FY2023 22.57%. Gross margin FY2024 23.37%. Gross margin FY2025 20.96%. Operating margin FY2021 9.09%. Operating margin FY2022 10.00%. Operating margin FY2023 6.47%. Operating margin FY2024 6.83%. Operating margin FY2025 8.37%. Net margin FY2021 6.24%. Net margin FY2022 4.86%. Net margin FY2023 2.04%. Net margin FY2024 2.35%. Net margin FY2025 3.67%.

Income trends

Revenue

7.72B HKD-1.56%

Operating income

645.77M HKD+20.56%

Net income

283M HKD+53.89%
Income trends across reported periods9.17B HKD5.89B HKD2.6B HKD−677.18M HKDRevenue, FY2021: 8.35B HKDRevenue, FY2022: 7.88B HKDRevenue, FY2023: 7.02B HKDRevenue, FY2024: 7.84B HKDRevenue, FY2025: 7.72B HKDOperating income, FY2021: 758.75M HKDOperating income, FY2022: 787.82M HKDOperating income, FY2023: 453.67M HKDOperating income, FY2024: 535.64M HKDOperating income, FY2025: 645.77M HKDNet income, FY2021: 520.69M HKDNet income, FY2022: 383.26M HKDNet income, FY2023: 143.18M HKDNet income, FY2024: 183.89M HKDNet income, FY2025: 283M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.35B HKD. Revenue FY2022 7.88B HKD. Revenue FY2023 7.02B HKD. Revenue FY2024 7.84B HKD. Revenue FY2025 7.72B HKD. Operating income FY2021 758.75M HKD. Operating income FY2022 787.82M HKD. Operating income FY2023 453.67M HKD. Operating income FY2024 535.64M HKD. Operating income FY2025 645.77M HKD. Net income FY2021 520.69M HKD. Net income FY2022 383.26M HKD. Net income FY2023 143.18M HKD. Net income FY2024 183.89M HKD. Net income FY2025 283M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue7.72B HKD7.84B HKD7.02B HKD7.88B HKD8.35B HKD
Cost of goods sold6.1B HKD6.01B HKD5.43B HKD5.98B HKD6.3B HKD
Gross profit1.62B HKD1.83B HKD1.58B HKD1.9B HKD2.05B HKD
Research and development281.59M HKD303.31M HKD267.46M HKD235.77M HKD253M HKD
Selling, general, and administrative694.33M HKD808.54M HKD713.4M HKD882.41M HKD998.47M HKD
Operating expenses971.71M HKD1.3B HKD1.13B HKD1.11B HKD1.23B HKD
Interest income5.29M HKD2.07M HKD2.34M HKD3.2M HKD1.77M HKD
Interest expense254.59M HKD344.02M HKD336.96M HKD293.53M HKD149.14M HKD
Depreciation and amortization491.31M HKD495.12M HKD525.18M HKD563.46M HKD568.92M HKD
Operating income645.77M HKD535.64M HKD453.67M HKD787.82M HKD758.75M HKD
Net income283M HKD183.89M HKD143.18M HKD383.26M HKD520.69M HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 2 misses, 0 met estimates
Average EPS surprise
-23.83%
2 comparable reports
Latest EPS result
0.11

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.30.210.130.05Q4 '22Q2 '23Q4 '23Q2 '24Q4 '24Q2 '25Q4 '25Q2 '26
Q4 2022, reported Nov 29, 2022: actual 0.256, estimate —, surprise —, Comparison unavailable. Q2 2023, reported Jun 29, 2023: actual 0.087, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Nov 29, 2023: actual 0.087, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 26, 2024: actual 0.059, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 27, 2024: actual 0.166, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 26, 2025: actual 0.095, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 27, 2025: actual 0.2, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Jun 29, 2026: actual 0.11, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.42B6.57B4.73B2.88BQ2 '23MissQ4 '23No estimateQ2 '24MissQ4 '24No estimateQ2 '25No estimateQ4 '25MissQ2 '26MissQ4 '26Estimate
Q2 2023, reported Jun 29, 2023: actual 3.27B HKD, estimate 7.48B HKD, surprise -56.35%, Miss. Q4 2023, reported Nov 29, 2023: actual 3.54B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Jun 26, 2024: actual 3.47B HKD, estimate 8.04B HKD, surprise -56.80%, Miss. Q4 2024, reported Nov 27, 2024: actual 3.98B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Jun 26, 2025: actual 3.86B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 27, 2025: actual 3.84B HKD, estimate 4B HKD, surprise -4.10%, Miss. Q2 2026, reported Jun 29, 2026: actual 3.88B HKD, estimate 3.88B HKD, surprise -0.01%, Miss. Q4 2026, reported Dec 1, 2026: actual —, estimate 3.87B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.10

2025 complete year-13.8% since 2021

2026 partial: HK$0.05

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 7, 2026

HK$0.053

Semi-Annual

Record Sep 9, 2026 · Payment Oct 6, 2026

Dividend

Ex-dividend Apr 20, 2026

HK$0.05

Special

Record Apr 21, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Dec 10, 2025

HK$0.057

Semi-Annual

Record Dec 11, 2025 · Payment Dec 22, 2025

Dividend

Ex-dividend Sep 8, 2025

HK$0.043

Semi-Annual

Record Sep 9, 2025 · Payment Oct 8, 2025

Dividend

Ex-dividend Dec 10, 2024

HK$0.025

Semi-Annual

Record Dec 11, 2024 · Payment Dec 24, 2024

Dividend

Ex-dividend Sep 13, 2024

HK$0.022

Semi-Annual

Record Sep 16, 2024 · Payment Oct 2, 2024

2199.HK peers

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