Man Wah Holdings Limited
MAWHY
Other OTC8.36
USD
-0.01
- -
Man Wah Holdings Limited
MAWHY
(Other OTC)
Recent
price
8.36
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Man Wah Holdings Limited (1999.HK; OTC: MAWHY) is an investment holding company principally engaged in the research, development, manufacture, sale, and related services of sofas, mattresses, panel furniture, and furniture accessories; it also operates the Home Group business segment focused on furniture production and distribution. The company offers a diverse portfolio of core products including recliner sofas featuring proprietary "zero wall" and "close alignment with the wall" technologies under the flagship CHEERS brand (encompassing First Class Noble, Fashion, Earl, 5-star mattress, smart bed, City, livable fabric, and ESTELLER series), NICOLETTI branded sofas, bedding products, metal mechanisms, smart furniture spare parts, panel furniture, and ancillary items such as Rui Mai machinery extensions and Chenguanglong multifunctional sofa iron frames. Operations span multiple segments including sofas and ancillary products (68% of FY2025 revenue), bedding and ancillary products (14%), other products like mechanisms (10%), Home Group (5%), and other businesses such as real estate leasing (2%), with sales primarily to the PRC market (59% of revenue), North America (26%, mainly United States and Canada), Europe, and other overseas regions including Vietnam, Poland, Lithuania, Estonia, Ukraine, Britain, Japan, South Korea, Singapore, and the Middle East. Founded in 1992 and headquartered at 1st Floor, Wah Lai Industrial Center, 10-14 Kwei Tei Street, Fo Tan, New Territories, Hong Kong, the group maintains an extensive global manufacturing footprint with over 1.8 million square meters of low-carbon parks in Huizhou (Guangdong), Wujiang (Jiangsu), Wuqing (Tianjin), Jiangjin (Chongqing), Pingyang (Vietnam), and northern Europe facilities; it is a subsidiary of Man Wah Investments Limited and employs approximately 27,000 people. In recent developments, Man Wah optimized its global production layout to mitigate trade risks by increasing exports from Vietnam to the United States (reducing China-origin shipments and associated tariffs by over 88% in FY2025), achieved net store additions of 131 in the PRC to reach 7,367 outlets (excluding Style and Suning stores) while appointing actor Wu Jing as CHEERS brand spokesman to boost awareness, reported FY2025 revenue of HK$16.9 billion (down 8.2% year-on-year) with gross margin expansion to 40.5% from cost efficiencies despite impairments totaling HK$284 million on goodwill, property, plant, equipment, and intangibles, and maintained its position as the world's top recliner seller by volume for 2024 per Euromonitor; export sofa shipments grew 13% to 884,000 sets, North America revenue rose 3.2%, and Europe/other markets surged 23%, underscoring resilient overseas performance amid domestic challenges.
MasterBrand (NYSE:MBC) and Man Wah (OTCMKTS:MAWHY) Head to Head Contrast