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Millennium Group International Holdings Limited (MGIH)

NASDAQ Consumer Cyclical Packaging & Containers
$1.53 ▲ +2.00%
Market Cap
$17.2M
Sector
Consumer Cyclical
Industry
Packaging & Containers
Beta
0.88
52-Wk Range
1.11-2.64
CEO
Ming Yan Lai
Country
HK
Currency
USD

Millennium Group International Holdings Limited operates in the Packaging & Containers industry of the Consumer Cyclical sector, headquartered in Kwun Tong, HK. The stock last traded at $1.53, up 2.00% on the session, giving a market capitalisation of $17.2M. On trailing twelve-month figures it carries a trailing P/E of -2.59, a net margin of -29.7%. Its beta of 0.88 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-2.59
Price / Sales
0.78
Price / Book
0.78
EV / EBITDA
-2.98
Gross margin
13.6%
Operating margin
-30.4%
Net margin
-29.7%
Return on equity
—
Debt / equity
0.25
Current ratio
1.61
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Capital Market
Employees
379
IPO date
2023-04-04
Headquarters
Kwun Tong, HK
About Millennium Group International Holdings Limited

Millennium Group International Holdings Limited (MGIH) operates as an investment holding company, primarily focused on providing paper-based packaging solutions across a wide international geographic area, including Mainland China, Hong Kong, Vietnam, other Southeast Asian countries, Australia, and the United States. The company's extensive product portfolio features various paper packaging items such as cardboard and gift boxes, display units, corrugated outer cartons, manuals, and user guides. These offerings serve a diverse array of industries, including footwear, sportswear, cookware and kitchenware, smartphones, food and beverages, paper and packaging, non-food consumables, logistics, e-commerce, and home electronics. MGIH also develops specialized packaging solutions tailored for the luxury products sector. Beyond its core packaging business, the company provides supply chain management services for packaging products and manufactures board games along with their related accessories. Established in 1978, MGIH is headquartered in Kwun Tong, Hong Kong, and operates as a subsidiary of YC 1926 (BVI) Limited.

Comparable companies

Millennium Group International Holdings Limited is most often compared with the following Consumer Cyclical names:

BGIFORDJLJZXNLGCBMIMMAMOGUROLRYHGJ
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