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Miricor Enterprises Holdings Ltd (HK:1827)
:1827
Hong Kong Market
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Miricor Enterprises Holdings Ltd (1827) AI Stock Analysis

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HK:1827

Miricor Enterprises Holdings Ltd

(1827)

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Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
HK$0.95
▲(0.00% Upside)
Action:Reiterated
Date:07/30/26
The score is driven primarily by improving financial quality—strong recent operating/free cash flow and meaningful deleveraging—offset by weak operating trends, including a sharp FY2026 revenue contraction and thin EBIT/net margins. Technicals further weigh on the score as the share price trades below all key moving averages, while valuation is supportive with a moderate P/E.
Positive Factors
Deleveraging
Meaningful deleveraging strengthens the capital base and reduces financial strain, giving the company greater flexibility to withstand operating volatility. Lower leverage can also support future investment and reduce the drag that debt obligations place on cash allocation and earnings resilience.
Negative Factors
Revenue Contraction
The sharp revenue decline signals weakening top-line momentum and makes the business more dependent on cost control to protect earnings. Continued contraction would reduce operating leverage, limit reinvestment capacity and make recent improvements in cash flow harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Deleveraging
Meaningful deleveraging strengthens the capital base and reduces financial strain, giving the company greater flexibility to withstand operating volatility. Lower leverage can also support future investment and reduce the drag that debt obligations place on cash allocation and earnings resilience.
Read all positive factors

Miricor Enterprises Holdings Ltd (1827) vs. iShares MSCI Hong Kong ETF (EWH)

Miricor Enterprises Holdings Ltd Business Overview & Revenue Model

Company Description
Miricor Enterprises Holdings Limited, an investment holding company, provides non-surgical medical aesthetic, wellness beauty services, and skincare products in Hong Kong and Mainland China. It offers non-surgical medical aesthetic services, inclu...

Miricor Enterprises Holdings Ltd Financial Statement Overview

Summary
Overall fundamentals are improving, led by stronger cash generation and a healthier balance sheet, but the income statement remains mixed. Revenue contracted sharply in FY2026 (-22.0%) and operating profitability is thin (FY2026 net margin ~3.1%, EBIT margin ~3.9%) despite a solid gross margin (~42.8%) and EBITDA margin (~22.1%), indicating cost pressure below gross profit. Balance sheet quality improved with meaningful deleveraging (debt/equity ~0.32 in FY2026) and equity growth, while cash flow is a key strength with positive operating and free cash flow in FY2023–FY2026 (FY2026 FCF ~70.0M), albeit with earlier-period volatility.
Income Statement
56
Neutral
Balance Sheet
71
Positive
Cash Flow
77
Positive
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue362.39M403.15M494.26M463.12M363.92M
Gross Profit155.25M211.13M225.37M238.23M209.54M
EBITDA84.55M106.36M86.62M70.34M94.02M
Net Income11.23M10.59M-12.62M-20.50M25.38M
Balance Sheet
Total Assets423.67M471.28M479.44M516.81M476.81M
Cash, Cash Equivalents and Short-Term Investments258.15M192.17M182.43M179.32M128.16M
Total Debt50.73M88.76M99.75M130.28M127.58M
Total Liabilities265.40M323.72M342.68M366.10M305.54M
Stockholders Equity158.27M147.56M136.76M150.71M171.27M
Cash Flow
Free Cash Flow68.14M112.07M58.24M72.67M-67.61M
Operating Cash Flow74.45M114.02M84.45M99.45M44.03M
Investing Cash Flow32.42M-30.95M-59.00M-37.84M-97.51M
Financing Cash Flow-45.18M-50.03M-55.59M-21.92M-28.73M

Miricor Enterprises Holdings Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.95
Price Trends
50DMA
0.82
Positive
100DMA
0.83
Positive
200DMA
0.86
Positive
Market Momentum
MACD
0.03
Negative
RSI
61.05
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1827, the sentiment is Positive. The current price of 0.95 is above the 20-day moving average (MA) of 0.83, above the 50-day MA of 0.82, and above the 200-day MA of 0.86, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 61.05 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1827.

Miricor Enterprises Holdings Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
HK$1.65B9.2143.78%11.19%-14.68%-13.60%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
HK$360.00M12.5918.47%0.00%-10.11%6.04%
57
Neutral
HK$1.82B50.356.47%2.78%-41.23%
56
Neutral
HK$6.03B14.136.50%20.98%
56
Neutral
HK$132.80M-14.69-61.33%3.14%-38.43%-394.12%
50
Neutral
HK$70.55M-39.00-0.93%6.43%-2.31%66.07%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1827
Miricor Enterprises Holdings Ltd
0.90
-0.11
-10.89%
HK:1448
Fu Shou Yuan International Group
2.64
-0.26
-8.84%
HK:0919
Modern Healthcare Technology Holdings Limited
0.08
>-0.01
-5.81%
HK:1830
Perfect Medical Health Management Limited
1.30
-0.11
-7.93%
HK:8483
Max Sight Group Holdings Limited
0.19
0.08
75.45%
HK:2521
Shenghui Cleanness Group Holdings Limited
0.95
0.63
195.31%

Miricor Enterprises Holdings Ltd Corporate Events

Miricor Seeks Shareholders’ Approval for New Share Option Scheme and Service Provider Sublimit
Aug 28, 2026
Miricor Enterprises Holdings Ltd has called an extraordinary general meeting for 18 September 2026 in Hong Kong to seek shareholder approval to terminate its existing share option scheme adopted in 2016 and replace it with a new share option schem...
Miricor sets September AGM to approve dividend, board changes and share issue mandate
Jul 23, 2026
Miricor Enterprises Holdings Ltd has called its annual general meeting for 18 September 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 March 2026 and vote on a proposed final d...
Miricor Enterprises Declares Final Cash Dividend for FY2026
Jun 26, 2026
Miricor Enterprises Holdings Limited has declared a final ordinary cash dividend of HKD 0.10 per share for the financial year ended 31 March 2026, subject to shareholder approval on 18 September 2026. The dividend will be paid in Hong Kong dollars...
Miricor lifts profit and dividend despite revenue decline in FY2026
Jun 26, 2026
Miricor Enterprises Holdings reported revenue of HK$362.4 million for the year ended 31 March 2026, down 10.1% from the prior year, as the group faced softer demand and a more challenging operating environment in its beauty and wellness businesses...
Miricor Sets June 26 Board Meeting to Approve Annual Results and Consider Final Dividend
Jun 15, 2026
Miricor Enterprises Holdings Ltd has scheduled a board meeting for 26 June 2026 to approve the audited annual results for the year ended 31 March 2026 and to authorize their publication. The board will also consider whether to recommend a final di...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 30, 2026