Man Wah Holdings Limited (1999.HK)
Fo Tan, HK
Man 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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.79% | -12.30% | -10.00% | -20.92% | -27.31% | -17.29% | -9.57% | -29.48% | -76.02% | -18.88% | +125.00% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 5 | 0 |
| Hold | 4 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Furnishings, Fixtures & Appliances: +2.7%-2.8% Q1'26: -6.2% (vs Q3'23)
-
EPS growth Furnishings, Fixtures & Appliances: +4.0%-11.3% Q1'26: -41.4% (vs Q3'23)
-
FCF margin FCF growth · Furnishings, Fixtures & Appliances: +24.2%+14.9% Q1'26: +6.4% (vs Q3'23)
-
EBIT margin Furnishings, Fixtures & Appliances: +6.9%+14.2% ★ Q1'26: +11.8% (vs Q3'23)
-
ROIC Furnishings, Fixtures & Appliances: +6.4%+11.3% ★ Q1'26: +18.6% (vs Q3'23)
-
Share dilution Furnishings, Fixtures & Appliances: +0.1%+0.0% Q1'26: -0.8% (vs Q3'23)
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Debt / EBITDA Net debt/EBITDA · Furnishings, Fixtures & Appliances: -0.16×1.62× Q1'26: 0.91× (vs Q3'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 9 Rev. Ana. 8 EPS Ana. |
Mar 2027 8 Rev. Ana. 8 EPS Ana. |
Mar 2028 7 Rev. Ana. 5 EPS Ana. |
Mar 2029 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2.93B
est: 2.97B (-1.2%)
|
3.81B
est: 4.13B (-7.7%)
|
4.34B
est: 4.29B (+1.1%)
|
4.88B
est: 5.07B (-3.8%)
|
5.99B
est: 6.36B (-5.9%)
|
6.55B
est: 6.73B (-2.5%)
|
7.33B
est: 7.43B (-1.4%)
|
7.78B
est: 7.63B (+2.0%)
|
10.03B
est: 9.77B (+2.7%)
|
11.26B
est: 11.86B (-5.1%)
|
12.14B
est: 12.14B (+0.0%)
|
16.43B
est: 15.01B (+9.5%)
|
21.50B
est: 21.51B (0.0%)
|
17.35B
est: 19.04B (-8.8%)
|
18.41B
est: 18.22B (+1.0%)
|
16.90B
est: 17.66B (-4.3%)
|
16.37B
15.77B – 17.14B
-7.3% YoY
|
16.85B
15.43B – 18.30B
+2.9% YoY
|
17.53B
17.46B – 17.60B
+4.1% YoY
|
18.50B
18.50B – 18.50B
+5.5% YoY
|
| EBITDA |
712.55M
est: 533.14M (+33.7%)
|
736.29M
est: 966.63M (-23.8%)
|
428.59M
est: 765.98M (-44.0%)
|
757.35M
est: 503.58M (+50.4%)
|
962.21M
est: 930.22M (+3.4%)
|
1.12B
est: 1.35B (-17.1%)
|
1.48B
est: 1.53B (-3.4%)
|
1.88B
est: 1.64B (+14.3%)
|
1.81B
est: 2.82B (-36.0%)
|
2.09B
est: 2.54B (-17.4%)
|
2.31B
est: 1.89B (+22.5%)
|
2.68B
est: 2.51B (+6.6%)
|
3.57B
est: 2.88B (+24.0%)
|
3.00B
est: 3.21B (-6.8%)
|
3.64B
est: 3.68B (-1.2%)
|
3.36B
est: 3.73B (-9.8%)
|
3.43B
3.31B – 3.60B
-7.8% YoY
|
3.54B
3.24B – 3.84B
+2.9% YoY
|
3.68B
3.66B – 3.69B
+4.1% YoY
|
3.88B
3.88B – 3.88B
+5.5% YoY
|
| EBIT |
675.05M
est: 435.69M (+54.9%)
|
596.99M
est: 929.66M (-35.8%)
|
345.16M
est: 708.07M (-51.3%)
|
640.70M
est: 398.28M (+60.9%)
|
1.20B
est: 794.64M (+50.6%)
|
968.61M
est: 1.26B (-22.9%)
|
1.32B
est: 1.42B (-7.0%)
|
1.72B
est: 1.52B (+12.9%)
|
1.61B
est: 2.66B (-39.4%)
|
1.79B
est: 2.37B (-24.3%)
|
2.26B
est: 1.84B (+23.1%)
|
2.45B
est: 2.47B (-0.5%)
|
2.90B
est: 2.83B (+2.5%)
|
2.52B
est: 3.16B (-20.2%)
|
3.06B
est: 3.61B (-15.2%)
|
2.82B
est: 2.96B (-4.5%)
|
2.73B
2.63B – 2.86B
-7.8% YoY
|
2.81B
2.57B – 3.05B
+2.9% YoY
|
2.92B
2.91B – 2.93B
+4.1% YoY
|
3.08B
3.08B – 3.08B
+5.5% YoY
|
| Net Income |
605.80M
est: 834.95M (-27.4%)
|
622.30M
est: 842.12M (-26.1%)
|
303.35M
est: 646.72M (-53.1%)
|
568.40M
est: 358.10M (+58.7%)
|
976.97M
est: 713.04M (+37.0%)
|
1.08B
est: 1.04B (+3.1%)
|
1.33B
est: 1.19B (+11.3%)
|
1.75B
est: 1.35B (+30.1%)
|
1.54B
est: 2.26B (-31.9%)
|
1.36B
est: 1.87B (-27.1%)
|
1.64B
est: 1.39B (+17.7%)
|
1.92B
est: 1.78B (+7.8%)
|
2.25B
est: 2.05B (+9.9%)
|
1.91B
est: 1.91B (+0.0%)
|
2.30B
est: 2.30B (+0.0%)
|
2.06B
est: 2.26B (-8.7%)
|
2.12B
2.00B – 2.24B
-6.2% YoY
|
2.22B
1.90B – 2.23B
+4.8% YoY
|
2.29B
1.64B – 2.52B
+3.1% YoY
|
1.77B
1.67B – 2.08B
-22.5% YoY
|
| SGA |
606.95M
est: 707.82M (-14.3%)
|
1.02B
est: 844.90M (+20.8%)
|
1.20B
est: 1.06B (+13.5%)
|
1.26B
est: 1.43B (-11.6%)
|
1.31B
est: 1.58B (-17.2%)
|
1.36B
est: 1.40B (-2.6%)
|
1.57B
est: 1.52B (+3.7%)
|
1.54B
est: 1.60B (-4.1%)
|
2.13B
est: 1.98B (+8.0%)
|
2.36B
est: 2.57B (-8.4%)
|
2.62B
est: 2.29B (+14.3%)
|
3.90B
est: 2.86B (+36.1%)
|
5.27B
est: 3.28B (+60.7%)
|
4.36B
est: 3.66B (+19.1%)
|
4.27B
est: 4.19B (+1.8%)
|
3.83B
est: 4.29B (-10.8%)
|
3.95B
3.81B – 4.14B
-7.8% YoY
|
4.07B
3.73B – 4.42B
+2.9% YoY
|
4.23B
4.22B – 4.25B
+4.1% YoY
|
4.47B
4.47B – 4.47B
+5.5% YoY
|
| EPS |
0.21
est: 0.22 (-2.5%)
|
0.16
est: 0.20 (-20.4%)
|
0.08
est: 0.08 (-5.6%)
|
0.16
est: 0.14 (+12.6%)
|
0.27
est: 0.27 (+1.6%)
|
0.28
est: 0.28 (-0.2%)
|
0.34
est: 0.30 (+12.0%)
|
0.46
est: 0.42 (+9.7%)
|
0.40
est: 0.43 (-6.0%)
|
0.36
est: 0.40 (-9.7%)
|
0.43
est: 0.39 (+10.5%)
|
0.50
est: 0.48 (+3.3%)
|
0.57
est: 0.58 (-1.5%)
|
0.49
est: 0.58 (-15.9%)
|
0.59
est: 0.59 (+0.8%)
|
0.53
est: 0.58 (-9.0%)
|
0.55
0.51 – 0.58
-5.7% YoY
|
0.53
0.49 – 0.58
-4.3% YoY
|
0.56
0.42 – 0.65
+7.3% YoY
|
0.48
0.43 – 0.54
-14.4% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-14 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-13 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-12 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-11 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-08 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-07 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-06 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-05 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-04 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-30 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-29 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-28 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-27 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-24 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-23 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-22 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-21 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-20 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-17 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-04-16 | A | 4/5 | 3/5 | 4/5 | 5/5 | 2/5 | 4/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X Hang Seng High Dividend Yield ETF (HKD) 3110.HK | 2.17% | 15.90M | 0.68% |
| 2 | iShares Asia Pacific Dividend UCITS ETF IDAP.L | 0.66% | 4.21M | 0.59% |
| 3 | iShares Asia/Pacific Dividend ETF DVYA | 0.66% | 453.0K | 0.49% |
| 4 | iShares Dow Jones Asia Pacific Select Dividend 50 UCITS ETF (DE) EXXW.DE | 0.66% | 4.42M | 0.31% |
| 5 | WisdomTree International SmallCap Dividend Fund DLS | 0.23% | 2.42M | 0.58% |
| 6 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.23% | 984.2K | 0.48% |
| 7 | First Trust Developed Markets ex-US Small Cap AlphaDEX Fund FDTS | 0.17% | 21.9K | 0.80% |
| 8 | WisdomTree International High Dividend Fund DTH | 0.07% | 421.0K | 0.58% |
| 9 | iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L | 0.05% | 38.8K | 0.74% |
| 10 | Vanguard Global Value Factor ETF VVL.TO | 0.03% | 196.1K | 0.38% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Alan Marnie | Executive Director | 11M | male |
| Quanfa Dai | GM of Manufacturing Center & Executive Director | 3M | male |
| Man Li Wong | Chairman, Chief Executive Officer & MD | 2M | male |
| Ying Ying Wong | GM of International Marketing Center & Executive Director | 2M | female |
| Wai Hing Hui | Vice President of General Administration & Retail Sales and Executive Director | 380.0K | female |
| Qing Yang | Chief Financial Officer | — | male |
| Kevin Castellani | Director of Corporation Communications | — | male |
| Xian Zhang | Company Secretary | — | male |
| Jay Quimby | Senior Vice President of Sales | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 1999.HK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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