Man Wah dividend yield calculator – Man Wah Holdings Lim. (1999) Cuts Dividend After FY23 Profit Decline

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Man Wah ($SEHK:01999) Holdings Lim. (1999) has recently announced a decrease in its dividend payout for fiscal year 23 due to a decline in profits. Man Wah is an international furniture manufacturer and retail business headquartered in Hong Kong. Founded in 1999, Man Wah has grown to be one of the leading brands in the furniture industry and is a publicly traded company on the Hong Kong Stock Exchange. This has caused the company to cut their dividend payout to shareholders, who rely on these dividends as part of their income.

The decrease in profits has been attributed to several factors, including weaker sales in some core markets and a rise in labor costs. It is expected that this decrease in dividend payout will remain in place until the company sees significant improvements in their financial performance. Man Wah’s management team remains confident that they will be able to turn the situation around and return to profitability in the near future. In the meantime, the company continues to invest in new technology, products and processes that will help them remain competitive in the industry.

Dividends – Man Wah dividend yield calculator

Recently, the company has announced a decline in dividend payout for their Fiscal Year 23 (FY23), reducing their dividend per share from 0.3 to 0.22 HKD. The dividend yields have decreased from 3.06% in 2021 to 2.33% in 2023, with an overall average dividend yield of 2.47%. Despite this decline, investors who are looking for high dividend stocks may consider adding Man Wah Holdings to their list of consideration. They have a consistent track record of dividend payout over the past 3 years, and may present a good opportunity for long-term income investments.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Man Wah. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Man Wah. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Man Wah. More…

Key Ratios Snapshot

Some of the financial key ratios for Man Wah are shown below. More…

Price History

At the Hong Kong Stock Exchange, MAN WAH stock opened at HK$6.0 and closed at HK$6.0, indicating a lack of confidence in the company’s financial performance. The cut in dividend payments is reflective of the decreasing profits experienced by the company over the previous financial year. This is the second consecutive year of profit declines for Man Wah Holding Ltd. (1999), and many investors are now questioning the company’s future prospects.

The reduction of dividend payments has raised serious concerns among investors, who will now receive less of their expected returns from investing in the company’s stock. While this signifies a difficult period for Man Wah Holdings Ltd. (1999), investors are hoping that the company can turn around its fortunes and return to a period of growth and success. Live Quote…

Analysis

GoodWhale conducted an analysis of MAN WAH‘s wellbeing and classified it as a ‘gorilla’, a company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. Our conclusion is that MAN WAH is a great investment opportunity for a range of different investors. MAN WAH has strong assets, dividends, growth and profitability, making it attractive to value investors. It has also scored a very healthy 9/10 on GoodWhale’s health score assessment which considers cash flows and debt. This means that MAN WAH is in a strong position to pay off its debt and fund future operations. More…

Peers

The competition between Man Wah Holdings Ltd and its competitors, Pacific Legend Group Ltd, Samson Holding Ltd, and E Lighting Group Holdings Ltd, is fierce and intense. All four companies are striving to gain a competitive advantage in the market while continuing to provide superior products and services to their customers. With the markets changing rapidly, each company is exploring new strategies to stay ahead of the competition.

– Pacific Legend Group Ltd ($SEHK:08547)

Pacific Legend Group Ltd is a leading apparel and accessories company based in Hong Kong. The company designs, manufactures and distributes apparel and accessories for men, women, and children. It has a market cap of 84.48M as of 2022, which indicates the size and value of the company’s total shares. Pacific Legend Group Ltd has a Return on Equity (ROE) of -24.16%, meaning that for every dollar of equity, the company is generating a loss of 24.16 cents. This means that investors have not been receiving returns on their investments in the company and it is having difficulty creating or maintaining profits.

– Samson Holding Ltd ($SEHK:00531)

Samson Holding Ltd is a multinational company based in Hong Kong that specializes in industrial and consumer products. The company’s current market cap is 907.74M as of 2022, which makes it a large-cap stock. Additionally, the company has a Return on Equity of 5.33%, indicating that it is able to generate a good return on investors’ equity. This strong return on equity is a sign of the company’s financial strength and indicates that it is well-positioned to continue growing in the future.

– E Lighting Group Holdings Ltd ($SEHK:08222)

E Lighting Group Holdings Ltd is a Hong Kong-based lighting manufacturing and distribution company. The company specializes in the design and manufacture of interior, exterior and street lighting, as well as providing lighting solutions for commercial and residential customers. With a market cap of 18.94 million as of 2022, E Lighting Group Holdings Ltd is a relatively small player in the lighting industry. However, the company’s Return on Equity (ROE) of 3.6% indicates that the company is operating efficiently, generating more returns relative to its equity base. This suggests that the company is well positioned to continue to grow and gain market share in its field.

Summary

Man Wah Holdings Limited reported decreased FY23 profits and has responded by reducing its dividend. This is a concerning sign for investors, as a decrease in profits indicates that the company may be struggling to generate revenue. Without clear visibility into the underlying cause of the downturn, investors should take a cautious approach to the stock, examining the company’s financials and upcoming plans for turnaround. Additionally, it may be beneficial to look at the company’s peers, to compare performance and better assess the risk associated with investing in Man Wah.