MFINasdaqServices-Computer Programming ServicesFiscal year ends December 31
mF International Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Jun 29, 2026
$7.84+0.00 (0.00%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2020 to 2025
Gross margin
29.6%
Operating margin
-143.7%
Net margin
232.8%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +29.7% | -1.1% | – | – | |
| Gross profit | -18.6% | -18.4% | – | – | |
| Net income | – | +126.0% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 3.9% | |
| Return on assets | – | – | 3.8% | |
| Current ratio | – | – | 164.32 | |
| Debt to equity | – | – | 0.00 | |
| Interest coverage | – | – | 189.8× | |
| Capex to revenue | – | – | 0.4% | |
| Diluted shares | – | – | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
mF International generated 75.30M HKD from operations and spent 6.30M HKD on capital expenditure, dividends and share buybacks. 15% of that went back into the business.
Generated
75.30M HKD
Used
6.30M HKD
Capital expenditure972.01K HKD15%Dividends5.33M HKD85%Share buybacks0 HKD0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin232.8%
×Asset turnover0.02×
×Equity multiplier1.01×
=Return on equity, FY20253.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 232.8% | 0.02× | 1.01× | 3.9% |
| FY2024 | -77.5% | 0.57× | 1.93× | -84.8% |
| FY2023 | 20.7% | 0.93× | 3.08× | 59.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero78.74M HKD
- Cash generatingOperating cash flow above zero-15.87M HKD
- Return on assets improvedROA up on the prior year-59.7% → 135.1%
- Earnings backed by cashOperating cash flow above net income-15.87M HKD vs 78.74M HKD
- Less leverageLong-term debt to assets fell3.5% → 0.0%
- Better liquidityCurrent ratio rose2.00 → 164.32
- No dilutionShare count did not rise2M → 6M
- Gross margin improvedGross margin up on the prior year47.16% → 29.62%
- More efficientAsset turnover rose0.77 → 0.58