Added to YB: 2025-09-09
Pitch date: 2025-09-07
3828.HK [neutral]
Ming Fai International Holdings Limited
+4.08%
current return
Author Info
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Company Info
Ming Fai International Holdings Limited, an investment holding company, engages in the manufacture and trading of hospitality supplies, and trading of operating supplies and equipment in Hong Kong, North America, Europe, China, Australia, other Asia Pacific regions, and internationally.
Market Cap
HKD 682.9M
Pitch Price
HKD 0.90
Price Target
N/A
Dividend
10.75%
EV/EBITDA
1.01
P/E
4.79
EV/Sales
0.10
Sector
Personal Care Products
Category
value
Looking for Investment Ideas. Tourism Sector in China. - Ming Fai International Holdings Limited
3828.HK (quick overview): Hotel supplies (soaps/shampoos) co w/ 85-90% recurring revenue, 4.73x P/E (1.4x ex-cash). Record 2024 sales/profits, 7.3% op margins at highs. 60% net cash + 7.5% real estate vs mkt cap. 11% dividend yield, 30% payout. Activist shareholder Webb onboard 10+ yrs. China tourism growth thesis, but lacks moat protection.
Read full article (7 min)