Want to see HK:2199 full AI Analyst Report?
Top Page
Regina Miracle International (Holdings) Limited
(2199)
Select Model
Select Model
Rating:64Neutral
Price Target:
HK$3.00
▲(23.97% Upside)
Action:Reiterated
Date:08/01/26
The score is led by mixed financial performance: strong top-line re-acceleration is tempered by margin pressure, elevated leverage, and a notable 2026 decline in operating and free cash flow. Technicals are supportive with the stock trading above major moving averages, and valuation is a clear positive with a low P/E and solid dividend yield.
Positive Factors
Revenue re-acceleration
The return to double-digit revenue growth indicates improving demand and/or a better customer mix after the 2024 dip. If sustained, stronger volume and order momentum can support factory utilization, customer retention, and operating leverage over the next several quarters.
Negative Factors
Gross margin compression
Gross margin deterioration shows that recent revenue growth is not fully translating into stronger production-level profitability. Persistent compression could reduce the earnings benefit of higher volumes and limit the company’s ability to absorb input-cost or pricing pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue re-acceleration
The return to double-digit revenue growth indicates improving demand and/or a better customer mix after the 2024 dip. If sustained, stronger volume and order momentum can support factory utilization, customer retention, and operating leverage over the next several quarters.
Read all positive factors
Regina Miracle International (Holdings) Limited (2199) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$3.34B
Dividend Yield5.86%
Average Volume (3M)448.77K
Price to Earnings (P/E)11.9
Beta (1Y)0.36
Revenue Growth-1.56%
EPS Growth53.99%
CountryHK
Employees34,618
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.23
Shares Outstanding1,224,250,000
10 Day Avg. Volume303,900
30 Day Avg. Volume448,766
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.78
Price to Sales (P/S)0.32
P/FCF Ratio5.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.38Price Target Upside-1.65% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.3
Revenue Forecast (FY)HK$8.20B
Regina Miracle International (Holdings) Limited Business Overview & Revenue Model
Company Description
Regina Miracle International (Holdings) Limited functions as an investment holding company, primarily engaged in the design, manufacturing, and global distribution of a diverse portfolio of intimate apparel and high-performance athletic goods. The...
How the Company Makes Money
Regina Miracle makes money mainly by manufacturing and supplying products to brand owners under OEM/ODM arrangements. Under this model, it earns revenue from (1) product sales: receiving purchase orders from customers and recognizing revenue when ...
Regina Miracle International (Holdings) Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
52
Neutral
Cash Flow
45
Neutral
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 7.72B | 7.84B | 7.02B | 7.88B | 8.35B |
| Gross Profit | 1.62B | 1.83B | 1.58B | 1.90B | 2.05B |
| EBITDA | 1.14B | 1.06B | 1.01B | 1.31B | 1.33B |
| Net Income | 283.00M | 183.89M | 143.18M | 383.26M | 520.69M |
Balance Sheet | |||||
| Total Assets | 8.71B | 8.89B | 8.60B | 8.68B | 9.42B |
| Cash, Cash Equivalents and Short-Term Investments | 932.01M | 907.83M | 623.12M | 675.03M | 995.03M |
| Total Debt | 4.30B | 4.37B | 4.28B | 4.12B | 4.41B |
| Total Liabilities | 5.60B | 5.73B | 5.23B | 5.14B | 5.78B |
| Stockholders Equity | 3.10B | 3.16B | 3.37B | 3.55B | 3.64B |
Cash Flow | |||||
| Free Cash Flow | 486.41M | 771.68M | 308.17M | 1.07B | 468.55M |
| Operating Cash Flow | 736.08M | 1.19B | 746.98M | 1.51B | 1.03B |
| Investing Cash Flow | -303.08M | -396.31M | -393.31M | -868.26M | -458.99M |
| Financing Cash Flow | -284.13M | -341.05M | -251.56M | -865.38M | -460.31M |
Regina Miracle International (Holdings) Limited Technical Analysis
Positive
2.42
Price Trends
2.16
Positive
2.00
Positive
2.10
Positive
Market Momentum
0.12
Positive
65.08
Neutral
67.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2199, the sentiment is Positive. The current price of 2.42 is below the 20-day moving average (MA) of 2.54, above the 50-day MA of 2.16, and above the 200-day MA of 2.10, indicating a bullish trend. The MACD of 0.12 indicates Positive momentum. The RSI at 65.08 is Neutral, neither overbought nor oversold. The STOCH value of 67.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2199.
Regina Miracle International (Holdings) Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$20.27B | 10.97 | 14.47% | 5.98% | 4.21% | 9.77% | |
64 Neutral | HK$3.34B | 11.87 | 9.33% | 5.86% | -1.56% | 53.99% | |
62 Neutral | HK$55.86B | 10.55 | 12.10% | 6.94% | 1.86% | -27.58% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | HK$330.92M | 3.68 | 6.65% | 7.84% | 0.41% | ― | |
53 Neutral | HK$1.31B | 15.94 | 2.83% | 7.37% | -0.86% | -50.37% | |
49 Neutral | HK$2.67B | -10.26 | -95.81% | ― | -32.93% | 37.03% |
* Consumer Cyclical Sector Average
HK:2199
Regina Miracle International (Holdings) Limited
2.73
0.62
29.15%
HK:1382
Pacific Textiles Holdings
0.95
-0.48
-33.57%
HK:2313
Shenzhou International Group Holdings
37.16
-20.19
-35.20%
HK:0311
Luen Thai Holdings Limited
0.32
0.08
33.33%
HK:2668
Pak Tak International Limited
0.48
0.21
79.25%
HK:2232
Crystal International Group Limited
7.11
0.70
10.88%
Regina Miracle International (Holdings) Limited Corporate Events
Regina Miracle Shareholders Approve All AGM Resolutions, Confirm Board and Dividend
Sep 3, 2026
Regina Miracle International (Holdings) Limited reported that all resolutions at its 3 September 2026 annual general meeting were approved by shareholders via poll. The meeting saw full in-person attendance by all directors, underscoring board eng...
Regina Miracle renews connected-party leases to secure factories and staff housing
Sep 3, 2026
Regina Miracle International (Holdings) Limited has renewed and restructured several intra-group property leasing agreements to secure factories, canteen space and living units through to the end of 2027. The new arrangements shift certain tenanci...
Regina Miracle Details Planned Re-Appointment and Audit Fee for PwC
Jul 29, 2026
Regina Miracle International (Holdings) Limited has issued a supplemental announcement to its AGM circular, detailing the proposed re-appointment of PricewaterhouseCoopers as auditor for the year ending 31 March 2027. The auditor would serve from ...
Regina Miracle Sets AGM to Approve Dividend, Director Re-elections and Share Issuance Mandate
Jul 17, 2026
Regina Miracle International (Holdings) Limited has convened its annual general meeting for 3 September 2026 in Hong Kong to review the audited consolidated financial statements for the year ended 31 March 2026 and to seek shareholder approval for...
Regina Miracle Clarifies HK$20.5 Million Right-of-Use Asset From Property Lease Renewal
Jul 10, 2026
Regina Miracle International (Holdings) Limited has issued a supplemental announcement regarding the renewal of its RM Innovative Property Leasing Agreement, a connected transaction previously disclosed at the end of June 2026. The board has confi...
Regina Miracle Renews Connected Plant Lease Under HK Listing Rules
Jun 29, 2026
Regina Miracle has renewed its internal leasing arrangements by having its wholly owned subsidiary RM Innovative sign a new 18‑month property lease with connected party RM Technology for portions of its production premises in Zhaoqing, effec...
Regina Miracle Lifts Profit and Dividend Despite Slight Revenue Decline
Jun 29, 2026
Regina Miracle International reported revenue of HK$7.72 billion for the year ended 31 March 2026, a 1.6% decline from the previous year, while gross profit fell 5.1% and gross margin slipped to 22.5%. Despite softer top-line performance, profit a...
Regina Miracle Declares Final Cash Dividend for FY2025/26
Jun 29, 2026
Regina Miracle International (Holdings) Limited has declared a final ordinary cash dividend of HK$0.053 per share for the financial year ended 31 March 2026, underscoring its continued commitment to shareholder returns. The dividend, subject to sh...
Regina Miracle forecasts at least 45% profit surge on JV gains and cost cuts
Jun 22, 2026
Regina Miracle International (Holdings) Limited has alerted shareholders that it expects consolidated net profit attributable to equity holders to rise by at least 45% for the year ended 31 March 2026 compared with the previous financial year. The...
Regina Miracle Sets June Board Meeting to Approve Annual Results and Mull Dividend
Jun 16, 2026
Regina Miracle International (Holdings) Limited has scheduled a board meeting for 29 June 2026 to review and approve the annual results for the year ended 31 March 2026. The board will also consider the publication of those results and the potenti...
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.