Millennium Group International Holdings LimitedMGIH

$1.51-0.01 (-0.66%)
NASDAQConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$17M
Micro-cap
-79%
2023 — today
10-Year Price
-54%
2023 — today
52-Week Range
$1.24$2.80
Current $1.51· 17%

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.

Valuation in context

P/E ratio
-1.1
N/A
Not meaningful — company is unprofitable
P/B ratio
0.7
Above average
Pricier than usual over the last 10 years
FCF Yield
-60.3%
Historically low
Historically low relative to the last 10 years
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