MAWHF (Man Wah Holdings) Equity-to-Asset: 0.63 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.40
GF Value $0.65
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Man Wah Holdings Equity-to-Asset?

Man Wah Holdings MAWHF -2.88% 56 Equity-to-Asset is 0.63 as of Mar. 2026, which is 3% above its 10-year median of 0.61. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 435 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 60.46% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Man Wah Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,812 Mil. Man Wah Holdings's Total Assets for the quarter that ended in Mar. 2026 was $2,862 Mil. Therefore, Man Wah Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.63.

The historical rank and industry rank for Man Wah Holdings's Equity-to-Asset or its related term are showing as below:

MAWHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.61   Max: 0.67
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Man Wah Holdings was 0.67. The lowest was 0.47. And the median was 0.61.

MAWHF's Equity-to-Asset is ranked better than
60.46% of 435 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.57 vs MAWHF: 0.63

Man Wah Holdings  (OTCPK:MAWHF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Man Wah Holdings Equity-to-Asset Related Terms


Man Wah Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Man Wah Holdings's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Man Wah Holdings Equity-to-Asset Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.59 0.61 0.64 0.63

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.61 0.64 0.65 0.63

MAWHF vs SN, SGI, MHK: Equity-to-Asset Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Man Wah Holdings Equity-to-Asset vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's Equity-to-Asset falls into.


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Wah Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Man Wah Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1811.988/2862.487
=0.63

Man Wah Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1811.988/2862.487
=0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.63 mean?
Man Wah Holdings (MAWHF) has a Equity-to-Asset of 0.63 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Man Wah Holdings and its competitors. This is near median its historical median of 0.61. Over the past decade, Man Wah Holdings' Equity-to-Asset has ranged from 0.47 to 0.67. According to the industry distribution chart, Man Wah Holdings ranks #172 out of 435 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.5%.
Is Man Wah Holdings' Equity-to-Asset too high?
Man Wah Holdings' current Equity-to-Asset of 0.63 is near median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.67. The Furnishings, Fixtures & Appliances industry median Equity-to-Asset is 0.57. Man Wah Holdings' value of 0.63 is 10.5% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #172 out of 435 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Equity-to-Asset compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #172 out of 435 companies for Equity-to-Asset. This puts Man Wah Holdings in the upper half of its industry. The industry median Equity-to-Asset is 0.57. Man Wah Holdings' value of 0.63 is 10.5% above this benchmark. Historically, Man Wah Holdings' own Equity-to-Asset has ranged from 0.47 to 0.67 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.57, Man Wah Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Furnishings, Fixtures & Appliances company?
The median Equity-to-Asset among Furnishings, Fixtures & Appliances companies is 0.57, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Man Wah Holdings's current Equity-to-Asset of 0.63 is 10.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Equity-to-Asset is 0.63, which is near median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.65, compared to a current price of $0.40 — trading 38.7% below its estimated fair value. The current Equity-to-Asset is 0.63, which is near median its 10-year median of 0.61 and 10.5% above the Furnishings, Fixtures & Appliances industry median of 0.57. Man Wah Holdings' overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Man Wah Holdings (MAWHF), the current Equity-to-Asset is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.40 is trading 38.7% below its estimated GF Value™ of $0.65. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Equity-to-Asset: 0.63 (near median its 10-year median of 0.61)
  • GF Value™: $0.65 vs. price of $0.40 (38.7% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 10.5% above the Furnishings, Fixtures & Appliances median (#172 of 435)

No single metric tells the full story. See the MAWHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price
$0.65
GF Value