Magnificent Hotel Investments Limited, an investment holding company, engages in the investment and operation of hotels, property investment, and securities investment businesses in Hong Kong, the People's Republic of China, and the United Kingdom. The company offers hospitality services, including the operations of hotels, such as Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, and Grand Bay View Hotel in Hong Kong, as well as Magnificent International Hotel in Shanghai and Wood Street Hotel in London. It is also involved in hotel management, property development and leasing, and securities dealing businesses. The company was formerly known as Magnificent Estates Limited and changed its name to Magnificent Hotel Investments Limited in November 2015. Magnificent Hotel Investments Limited was incorporated in 1966 and is based in North Point, Hong Kong.
Research context
Magnificent Hotel Investments Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Consumer Cyclical
- Industry
- Lodging
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5 years, 6 months ago
Magnificent Hotel Investments Limited is currently in a long term uptrend where the price is trading 11.9% above its 200 day moving average.
From a valuation standpoint, the stock is 7.0% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 4.5.
Magnificent Hotel Investments Limited's total revenue sank by 16.2% to $133M since the same quarter in the previous year.
Its net income has dropped by 85.7% to $-48M since the same quarter in the previous year.
Finally, its free cash flow fell by 779.4% to $-12M since the same quarter in the previous year.
Based on the above factors, Magnificent Hotel Investments Limited gets an overall score of 2/5.