Hong Kong Stock Exchange · Consumer Cyclical
Invest in Man Wah stock from India
Indian and foreign residents can buy Man Wah (1999) shares directly through Paasa.
By Paasa · Updated
Man Wah at a glance
- Price
- HK$2.65-HK$0.07 (2.39%)
- Market cap
- HK$10.19B
- Day range
- HK$2.64 – HK$2.72
- P/E
- 5.64
- Dividend yield
- 9.06%
- Volume
- 5.02M
- 1 month
- -14.79%
- 6 months
- -39.36%
- YTD
- -42.01%
- 1 year
- -38.23%
- 5 years
- -76.67%
Man Wah statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | HK$16.4B | HK$16.9B | HK$18.4B | HK$17.4B | HK$21.5B |
| Gross profit | HK$6.5B | HK$6.8B | HK$7.2B | HK$6.7B | HK$7.9B |
| Operating income | HK$2.4B | HK$2.8B | HK$3.1B | HK$2.5B | HK$2.9B |
| Net income | HK$1.8B | HK$2.1B | HK$2.3B | HK$1.9B | HK$2.2B |
| Earnings per share | HK$0.47 | HK$0.53 | HK$0.59 | HK$0.49 | HK$0.57 |
| EBITDA | HK$2.9B | HK$3.4B | HK$3.6B | HK$3.0B | HK$3.6B |
| Total assets | HK$22.4B | HK$20.0B | HK$19.8B | HK$19.6B | HK$20.5B |
| Total debt | HK$4.8B | HK$4.4B | HK$4.3B | HK$4.4B | HK$4.6B |
| Cash and short-term investments | HK$3.3B | HK$4.1B | HK$3.5B | HK$4.1B | HK$3.2B |
| Shareholders' equity | HK$14.2B | HK$12.7B | HK$12.1B | HK$11.6B | HK$11.7B |
| Operating cash flow | HK$2.4B | HK$3.3B | HK$2.6B | HK$4.1B | HK$2.3B |
| Free cash flow | HK$1.1B | HK$2.3B | HK$985.5M | HK$2.5B | HK$363.3M |
| Capital expenditure | −HK$1.3B | −HK$1.0B | −HK$1.6B | −HK$1.6B | −HK$2.0B |
Fiscal years as reported, the latest ending 31 Mar 2026. Figures in HKD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Yue Yuen Industrial | 0551.HK | HK$12.51 | HK$20.07B |
| Crystal International | 2232.HK | HK$6.31 | HK$17.99B |
| Samsonite | 1910.HK | HK$12.40 | HK$16.91B |
| NagaCorp | 3918.HK | HK$3.19 | HK$14.11B |
| Shangri-La Asia | 0069.HK | HK$3.78 | HK$13.46B |
| Nexteer Automotive | 1316.HK | HK$4.60 | HK$11.55B |
| Sun Art Retail | 6808.HK | HK$1.02 | HK$9.68B |
| Brilliance China Automotive | 1114.HK | HK$1.82 | HK$9.18B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Man Wah from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 1999 and buy
Find Man Wah by name or by its ticker, 1999, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Man Wah from India
What Man Wah does
Man Wah Holdings Limited functions as an investment holding company, primarily focused on the global production, wholesale, and distribution of sofas and related furniture items. Its market reach spans the People's Republic of China, North America, Europe, and various other international markets. Man Wah operates in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Man Wah stock from India?
Yes. Indian residents and NRIs can buy Man Wah (1999) shares directly through Paasa. Man Wah is listed on the Hong Kong Stock Exchange, in the Furnishings, Fixtures & Appliances industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Man Wah share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$2.65 a share, size the order by the lot, not by the share.
What tax do I pay in India when I sell Man Wah shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Man Wah shares?
Hong Kong has no estate duty. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.