Ming Fai International Holdings Limited logo

Ming Fai International Holdings Limited

3828.HK

HKSEConsumer DefensiveHousehold & Personal Products

Latest quote

HK$0.72

+HK$0.015 · +2.13%

Aug 25, 3:02 PM HKT

3828.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Ming Fai International Holdings Limited operates as an investment holding company that specializes in providing a comprehensive range of supplies to the hospitality industry. It manufactures and distributes these products, while also trading in essential operating equipment across a vast international network, including Hong Kong, North America, Europe, mainland China, Australia, and other regions within Asia Pacific and globally. The company's extensive product portfolio caters to various hotel needs. For guest rooms, offerings include bath mats, a diverse array of acrylic, leather, and resin hotel amenities, portable charging cables, umbrellas, and compact mirrors. Electronic provisions for rooms feature safe deposit boxes, digital scales, flashlights, mini-refrigerators, electric kettles, telephones, hair dryers/irons, and digital clocks. For public areas, Ming Fai supplies lobby equipment comprising message boards, signage, luggage and housekeeping trolleys, hotel railing stands, ashtrays, outdoor refuse bins, podiums, and various stands for umbrellas, luggage, garments, and hats, alongside beverage carts. Janitorial needs are met with a selection of cleaning tools, equipment, waste receptacles, and detergents. Furthermore, their offerings extend to food and beverage items, such as glassware and a wide assortment of kitchenware, including Western dining sets, cutlery, buffet collections, and kitchen appliances. Melamine tableware and childcare cribs are also available. The company provides a full suite of bathroom and linen provisions, encompassing dispensers, bath products, towels, bedding, table linens, footwear, bathrobes, accessories, and mattresses. A significant portion of their inventory is dedicated to ceramics and porcelain, featuring general collections, plates, bowls, soup tureens, coffee and tea sets, color-glazed and specialized Japanese/Korean porcelain, sand and stone pots, and coarse pottery. Founded in 1980, Ming Fai International Holdings Limited maintains its headquarters in Tsuen Wan, Hong Kong.

Industry
Household & Personal Products
Sector
Consumer Defensive
Headquarters
HK
CEO
Chi Fai Ching
Listed since
Nov 2, 2007
Employees
8,000

Market position

Day range

Current HK$0.72

52-week range

Current HK$0.72

Open
HK$0.73
Previous close
HK$0.705
Volume
135K
0.48× average
Average volume
279.69K
Average daily volume
Market cap
521.16M HKD
Beta
0.46
Market reference 1
50-day average
HK$0.7626
-5.59% below average
200-day average
HK$0.8608
-16.35% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
259.29M HKD
P/E (TTM)
5.18×
P/B (TTM)
0.38×
P/S (TTM)
0.23×
EV / EBITDA
1.51×
Earnings yield
15.11%
Free cash flow yield
26.96%
Dividend yield
9.72%

Profitability & efficiency

Gross margin
21.65%
Operating margin
5.39%
Net margin
4.50%
Return on equity
7.33%
Return on assets
5.03%
Return on invested capital
6.94%

Financial health

Debt / equity
0.02×
Current ratio
2.19×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends28%16%3%-10%Gross margin, FY2021: 18.78%Gross margin, FY2022: 23.69%Gross margin, FY2023: 24.27%Gross margin, FY2024: 25.09%Gross margin, FY2025: 21.65%Operating margin, FY2021: -6.69%Operating margin, FY2022: 5.12%Operating margin, FY2023: 6.97%Operating margin, FY2024: 7.51%Operating margin, FY2025: 5.39%Net margin, FY2021: -6.51%Net margin, FY2022: 4.21%Net margin, FY2023: 5.04%Net margin, FY2024: 6.20%Net margin, FY2025: 4.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.78%. Gross margin FY2022 23.69%. Gross margin FY2023 24.27%. Gross margin FY2024 25.09%. Gross margin FY2025 21.65%. Operating margin FY2021 -6.69%. Operating margin FY2022 5.12%. Operating margin FY2023 6.97%. Operating margin FY2024 7.51%. Operating margin FY2025 5.39%. Net margin FY2021 -6.51%. Net margin FY2022 4.21%. Net margin FY2023 5.04%. Net margin FY2024 6.20%. Net margin FY2025 4.50%.

Income trends

Revenue

2.24B HKD-3.14%

Operating income

120.73M HKD-30.48%

Net income

100.74M HKD-29.67%
Income trends across reported periods2.55B HKD1.59B HKD626.09M HKD−336.86M HKDRevenue, FY2021: 1.44B HKDRevenue, FY2022: 1.79B HKDRevenue, FY2023: 2.07B HKDRevenue, FY2024: 2.31B HKDRevenue, FY2025: 2.24B HKDOperating income, FY2021: −96.13M HKDOperating income, FY2022: 91.83M HKDOperating income, FY2023: 144.06M HKDOperating income, FY2024: 173.65M HKDOperating income, FY2025: 120.73M HKDNet income, FY2021: −93.54M HKDNet income, FY2022: 75.51M HKDNet income, FY2023: 104.18M HKDNet income, FY2024: 143.23M HKDNet income, FY2025: 100.74M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.44B HKD. Revenue FY2022 1.79B HKD. Revenue FY2023 2.07B HKD. Revenue FY2024 2.31B HKD. Revenue FY2025 2.24B HKD. Operating income FY2021 −96.13M HKD. Operating income FY2022 91.83M HKD. Operating income FY2023 144.06M HKD. Operating income FY2024 173.65M HKD. Operating income FY2025 120.73M HKD. Net income FY2021 −93.54M HKD. Net income FY2022 75.51M HKD. Net income FY2023 104.18M HKD. Net income FY2024 143.23M HKD. Net income FY2025 100.74M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue2.24B HKD2.31B HKD2.07B HKD1.79B HKD1.44B HKD
Cost of goods sold1.75B HKD1.73B HKD1.57B HKD1.37B HKD1.17B HKD
Gross profit484.67M HKD579.9M HKD501.74M HKD424.81M HKD269.65M HKD
Selling, general, and administrative375.18M HKD402.13M HKD370.15M HKD330.39M HKD317.59M HKD
Operating expenses363.94M HKD406.24M HKD357.68M HKD332.98M HKD362.07M HKD
Interest income3.83M HKD5.15M HKD5.92M HKD593K HKD962K HKD
Interest expense1.32M HKD2.89M HKD6.25M HKD4.72M HKD2.43M HKD
Depreciation and amortization54.15M HKD68.59M HKD61.86M HKD65.06M HKD65.62M HKD
Operating income120.73M HKD173.65M HKD144.06M HKD91.83M HKD−96.13M HKD
Net income100.74M HKD143.23M HKD104.18M HKD75.51M HKD−93.54M HKD

Company facts updated Aug 25, 2026.

Earnings

Latest EPS result
0.12

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.160.07-0.01-0.1Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual -0.064, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual -0.063, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual 0.039, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.065, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 0.053, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 0.091, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 0.074, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 0.124, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates1.34B1.08B809.28M542.36MQ2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 597.58M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 838.24M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 25, 2022: actual 890.55M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 902.47M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 922.79M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual 1.14B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 1.02B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 26, 2025: actual 1.29B HKD, estimate —, 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+53.8% since 2019

2026 partial: HK$0.04

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 22, 2026

HK$0.04

Semi-Annual

Record May 26, 2026 · Payment Jun 5, 2026

Dividend

Ex-dividend Sep 16, 2025

HK$0.03

Semi-Annual

Record Sep 17, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend May 26, 2025

HK$0.07

Semi-Annual

Record May 28, 2025 · Payment Jun 6, 2025

Dividend

Ex-dividend Sep 16, 2024

HK$0.03

Semi-Annual

Record Sep 19, 2024 · Payment Oct 3, 2024

Dividend

Ex-dividend May 24, 2024

HK$0.05

Semi-Annual

Record May 28, 2024 · Payment Jun 7, 2024

Dividend

Ex-dividend Sep 14, 2023

HK$0.02

Semi-Annual

Record Sep 18, 2023 · Payment Sep 28, 2023

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