Mainland Headwear Holdings (HKSE:01100) Interest Coverage: 15.35 (As of Dec. 2025) — 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.

HKSE:01100 Mainland Headwear Holdings Ltd HKSE:01100
92 GF Score
Price HK$1.48
GF Value HK$1.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Mainland Headwear Holdings Interest Coverage?

Mainland Headwear Holdings HKSE:01100 92 Interest Coverage is 15.35 as of Dec. 2025, which is 4% above its 10-year median of 14.70. GuruFocus rates HKSE:01100 with a GF Score™ of 92/100 and a GF Value™ of HK$1.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Mainland Headwear Holdings ranks better than 61.66% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Mainland Headwear Holdings's Operating Income for the six months ended in Dec. 2025 was HK$74 Mil. Mainland Headwear Holdings's Interest Expense for the six months ended in Dec. 2025 was HK$-5 Mil. Mainland Headwear Holdings's interest coverage for the quarter that ended in Dec. 2025 was 15.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mainland Headwear Holdings's Interest Coverage or its related term are showing as below:

HKSE:01100' s Interest Coverage Range Over the Past 10 Years
Min: 5.13   Med: 14.7   Max: 287.01
Current: 10.22


HKSE:01100's Interest Coverage is ranked better than
61.66% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.44 vs HKSE:01100: 10.22

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mainland Headwear Holdings  (HKSE:01100) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Mainland Headwear Holdings Interest Coverage Related Terms


Mainland Headwear Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mainland Headwear Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mainland Headwear Holdings Interest Coverage Chart

Mainland Headwear Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.87 19.17 7.48 5.63 10.22

Mainland Headwear Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage 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 3.75 5.10 6.38 7.31 15.35

HKSE:01100 vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Mainland Headwear Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Mainland Headwear Holdings Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mainland Headwear Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mainland Headwear Holdings's Interest Coverage falls into.


HKSE:01100
92GF Score
Mainland Headwear Holdings Ltd HKSE:01100
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainland Headwear Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mainland Headwear Holdings's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Mainland Headwear Holdings's Interest Expense was HK$-13 Mil. Its Operating Income was HK$137 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$31 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*136.985/-13.402
=10.22

Mainland Headwear Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Mainland Headwear Holdings's Interest Expense was HK$-5 Mil. Its Operating Income was HK$74 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$31 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*74.463/-4.852
=15.35

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 15.35 mean?
Mainland Headwear Holdings (HKSE:01100) has a Interest Coverage of 15.35 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mainland Headwear Holdings and its competitors. This is near median its historical median of 14.70. Over the past decade, Mainland Headwear Holdings' Interest Coverage has ranged from 5.13 to 287.01. According to the industry distribution chart, Mainland Headwear Holdings ranks #281 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.3%.
Is Mainland Headwear Holdings' Interest Coverage too high?
Mainland Headwear Holdings' current Interest Coverage of 15.35 is near median its 10-year median of 14.70. Over the past 10 years, this metric has ranged from a low of 5.13 to a high of 287.01. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Mainland Headwear Holdings' value of 15.35 is 182.2% above this industry median. Based on the distribution chart, Mainland Headwear Holdings ranks #281 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mainland Headwear Holdings has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainland Headwear Holdings' Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mainland Headwear Holdings ranks #281 out of 733 companies for Interest Coverage. This puts Mainland Headwear Holdings in the upper half of its industry. The industry median Interest Coverage is 5.44. Mainland Headwear Holdings' value of 15.35 is 182.2% above this benchmark. Historically, Mainland Headwear Holdings' own Interest Coverage has ranged from 5.13 to 287.01 over the past decade. While the company's 10-year median is 14.70 vs. the industry median of 5.44, Mainland Headwear 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 Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainland Headwear Holdings's current Interest Coverage of 15.35 is 182.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mainland Headwear Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainland Headwear Holdings's current Interest Coverage is 15.35, which is near median its own 10-year median of 14.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainland Headwear Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mainland Headwear Holdings (HKSE:01100) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.80, compared to a current price of HK$1.48 — trading 17.8% below its estimated fair value. The current Interest Coverage is 15.35, which is near median its 10-year median of 14.70 and 182.2% above the Manufacturing - Apparel & Accessories industry median of 5.44. Mainland Headwear Holdings' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mainland Headwear Holdings (HKSE:01100), the current Interest Coverage is 15.35 as of Dec. 2025. 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 Mainland Headwear Holdings (HKSE:01100) Overvalued in 2026?

Based on GuruFocus' analysis, Mainland Headwear Holdings stock appears to be undervalued. The current stock price of HK$1.48 is trading 17.8% below its estimated GF Value™ of HK$1.80. GuruFocus considers Mainland Headwear Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:01100:

  • Interest Coverage: 15.35 (near median its 10-year median of 14.70)
  • GF Value™: HK$1.80 vs. price of HK$1.48 (17.8% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 182.2% above the Manufacturing - Apparel & Accessories median (#281 of 733)

No single metric tells the full story. See the HKSE:01100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mainland Headwear Holdings Business Description

Address 18 Sheung Yuet Road, Rooms 2301-2305, 23rd Floor, CTF Life Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the U.S. as the main market; followed by the European market. The key revenue is derived from the Manufacturing segment.
92GF Score

Get the complete analysis for HKSE:01100

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

HK$1.48
Price
HK$1.80
GF Value