MGIH · NASDAQ · Packaging & Containers

Millennium Group International

Designs, manufactures and coordinates paper-based packaging across China and Vietnam.

$1.57
After-hours close+0.05 (+3.29%)
At close$1.52(−3.18%)
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Profile

Millennium Group International Holdings LimitedMGIHMaterials

Sells custom paper-based packaging, corrugated products and supply-chain-management services, drawing revenue from manufacturing and coordinating third-party production. Production spans southern China and Vietnam, while the business is reported as a single segment controlled by the founding family.

Designs, manufactures and coordinates paper-based inner and outer packaging, including printed boxes, corrugated cartons, retail displays, manuals and user guides. Its Total Packaging Solutions model spans market research, packaging development, raw-material procurement, color management, testing, quality control, manufacturing and delivery.

Operates production in southern China and Vietnam while serving customers chiefly in mainland China, Hong Kong and Southeast Asia, alongside export markets. Revenue comes from manufactured packaging, corrugated products and supply-chain management that coordinates third-party production and delivery for customers sourcing in Vietnam and other ASEAN countries.

Relies on machinery, technical know-how, operating expertise and sales and marketing capability in a competitive PRC packaging market. The business is reported as a single segment, remains controlled by the founding family, and is exposed to raw-paper prices, China-based regulatory requirements and the ramp of its newer Vietnam factory.

Company facts

CEOMing Yan "Ray" Lai
ListedApr 4, 2023
ExchangeNASDAQ
HeadquartersKwun Tong, Hong Kong
CountryHong Kong
Employees379
CIK0001903995
ISINKYG6169A1040

Key statistics

Market cap$17.4M
EPS (ttm)−$0.5824
P/E (ttm)−2.66
ROE-28.0%
P/B0.7944
P/S0.7910
Dividend yield
Beta0.75vs XLB 0.12

Year to date +16.0% · Average volume (30d) 529.3K

Analysts

No analyst consensus on record.

Earnings

Not reported.

Financial highlights

11 quartersQ4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$19.3M$23.8M$14.7M$14.1M$11.2M$10.9M
Gross profit$3.1M$6.2M$2.1M$2.9M$1.8M$1.2M
Operating income−$1.7M−$430.8K−$6.5M−$2.8M−$3.2M−$3.5M
Net income−$1.3M−$892.5K−$7.9M−$3.1M−$3.2M−$3.3M
Diluted EPS−$0.12−$0.08−$0.70−$0.27−$0.29−$0.30
Gross margin16.2%26.0%14.4%20.2%16.4%10.7%
Operating margin-8.9%-1.8%-44.1%-19.7%-28.9%-31.9%

Revenue by geography · FY25

China$12.3M · 65%
HONG KONG$1.6M · 9%
Asia$1.4M · 7%
Australia$1.1M · 6%
United States$1.1M · 6%
VIET NAM$842.9K · 4%
Other Countries Member$458.1K · 2%

Balance sheet, Dec 31, 2025Cash & short-term investments $6.9M · Total debt $5.5M · Total assets $32.8M · Shareholders' equity $22.0M

Dividends

No dividends on record.

Ownership

Institutions 0.58%65.1K sharesInsiders 88.89%10.00M sharesOther 10.53%1.18M shares

Shares outstanding 11.25M · Float 1.25M · 11.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
YC 1926 (BVI) Limited10.00M88.89%13GMar 5, 2025
Ming Hung Matthew Lai · director, other: Chairman10.00M88.89%Form 4Mar 11, 2026
Two Sigma Investments, LP53.2K0.47%13FMay 15, 2026
XTX Topco Ltd11.8K0.11%13FMay 15, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Peers

  • Smurfit Westrock

    Global paper-based corrugated and folding-carton packaging powerhouse.

CompareAfter-hours close

CompanyPriceChange
Millennium Group International$1.57+3.29%$17.4M0.8
Smurfit Westrock$48.20−0.21%$25.33B51.416.30.8+1.7%
Median51.416.30.8+1.7%