Million Hope Industries Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Million Hope Industries Holdings has a total shareholder equity of HK$527.7M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$657.5M and HK$129.9M respectively. Million Hope Industries Holdings's EBIT is HK$18.5M making its interest coverage ratio -8.9. It has cash and short-term investments of HK$194.0M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | -8.9x |
| Cash | HK$194.00m |
| Equity | HK$527.66m |
| Total liabilities | HK$129.85m |
| Total assets | HK$657.51m |
Recent financial health updates
Recent updates
Million Hope Industries Holdings (HKG:1897) Has Announced That Its Dividend Will Be Reduced To HK$0.005
Nov 18
Million Hope Industries Holdings' (HKG:1897) Soft Earnings Don't Show The Whole Picture
Jul 31Million Hope Industries Holdings (HKG:1897) Has Announced A Dividend Of HK$0.017
Jul 01Million Hope Industries Holdings Limited's (HKG:1897) Business Is Trailing The Market But Its Shares Aren't
Apr 17Why Million Hope Industries Holdings' (HKG:1897) Earnings Are Better Than They Seem
Dec 18Million Hope Industries Holdings (HKG:1897) Is Reinvesting At Lower Rates Of Return
Sep 27Million Hope Industries Holdings (HKG:1897) Is Reducing Its Dividend To HK$0.017
Jun 23A Look At The Intrinsic Value Of Million Hope Industries Holdings Limited (HKG:1897)
Jun 02Million Hope Industries Holdings (HKG:1897) Has Announced That Its Dividend Will Be Reduced To HK$0.008
Nov 24Getting In Cheap On Million Hope Industries Holdings Limited (HKG:1897) Is Unlikely
Nov 09Estimating The Fair Value Of Million Hope Industries Holdings Limited (HKG:1897)
Aug 17Million Hope Industries Holdings' (HKG:1897) Returns On Capital Not Reflecting Well On The Business
May 26Estimating The Intrinsic Value Of Million Hope Industries Holdings Limited (HKG:1897)
Mar 15Do Investors Have Good Reason To Be Wary Of Million Hope Industries Holdings Limited's (HKG:1897) 4.6% Dividend Yield?
Mar 29Is Million Hope Industries Holdings (HKG:1897) Likely To Turn Things Around?
Feb 04
We Wouldn't Rely On Million Hope Industries Holdings's (HKG:1897) Statutory Earnings As A Guide
Jan 03Here's Why We're Wary Of Buying Million Hope Industries Holdings' (HKG:1897) For Its Upcoming Dividend
Nov 29Financial Position Analysis
Short Term Liabilities: 1897's short term assets (HK$440.5M) exceed its short term liabilities (HK$84.0M).
Long Term Liabilities: 1897's short term assets (HK$440.5M) exceed its long term liabilities (HK$45.8M).
Debt to Equity History and Analysis
Debt Level: 1897 is debt free.
Reducing Debt: 1897 had no debt 5 years ago.
Debt Coverage: 1897 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1897 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Million Hope Industries Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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