Million Hope Industries Holdings (HKSE:01897) Interest Coverage: 2.41 (As of Mar. 2026) — 80% Below Median

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HKSE:01897 Million Hope Industries Holdings Ltd HKSE:01897
51 GF Score
Price HK$0.48
GF Value HK$0.24
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Million Hope Industries Holdings Interest Coverage?

Million Hope Industries Holdings HKSE:01897 51 Interest Coverage is 2.41 as of Mar. 2026, which is 80% below its 10-year median of 12.35. GuruFocus rates HKSE:01897 with a GF Score™ of 51/100 and a GF Value™ of HK$0.24 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,363 Construction companies, Million Hope Industries Holdings ranks worse than 63.61% 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. Million Hope Industries Holdings's Operating Income for the six months ended in Mar. 2026 was HK$1.1 Mil. Million Hope Industries Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$-0.4 Mil. Million Hope Industries Holdings's interest coverage for the quarter that ended in Mar. 2026 was 2.41. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:01897' s Interest Coverage Range Over the Past 10 Years
Min: 1.09   Med: 12.35   Max: 63.19
Current: 4.55


HKSE:01897's Interest Coverage is ranked worse than
63.61% of 1363 companies
in the Construction industry
Industry Median: 8.02 vs HKSE:01897: 4.55

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


Million Hope Industries Holdings  (HKSE:01897) 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 .


Million Hope Industries Holdings Interest Coverage Related Terms


Million Hope Industries Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Million Hope Industries 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.

Million Hope Industries Holdings Interest Coverage Chart

Million Hope Industries Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.98 6.65 12.82 1.09 4.55

Million Hope Industries Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 10.64 9.51 0.00 5.99 2.41

HKSE:01897 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Million Hope Industries 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.


Million Hope Industries Holdings Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Million Hope Industries Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Million Hope Industries Holdings's Interest Coverage falls into.


HKSE:01897
51GF Score
Million Hope Industries Holdings Ltd HKSE:01897
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Million Hope Industries 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.

Million Hope Industries Holdings's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Million Hope Industries Holdings's Interest Expense was HK$-1.1 Mil. Its Operating Income was HK$5.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5.09/-1.118
=4.55

Million Hope Industries Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Million Hope Industries Holdings's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.082/-0.449
=2.41

* 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 2.41 mean?
Million Hope Industries Holdings (HKSE:01897) has a Interest Coverage of 2.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Million Hope Industries Holdings and its competitors. This is 80% below median its historical median of 12.35. Over the past decade, Million Hope Industries Holdings' Interest Coverage has ranged from 1.09 to 63.19. According to the industry distribution chart, Million Hope Industries Holdings ranks #867 out of 1363 companies in the Construction industry, placing it in the top 63.6%.
Is Million Hope Industries Holdings' Interest Coverage too high?
Million Hope Industries Holdings' current Interest Coverage of 2.41 is 80% below median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 63.19. The Construction industry median Interest Coverage is 8.02. Million Hope Industries Holdings' value of 2.41 is 70% below this industry median. Based on the distribution chart, Million Hope Industries Holdings ranks #867 out of 1363 companies in the Construction industry, which is below the industry midpoint. Overall, Million Hope Industries Holdings has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Million Hope Industries Holdings' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Million Hope Industries Holdings ranks #867 out of 1363 companies for Interest Coverage. This places Million Hope Industries Holdings in the lower half of its industry. The industry median Interest Coverage is 8.02. Million Hope Industries Holdings' value of 2.41 is 70% below this benchmark. Historically, Million Hope Industries Holdings' own Interest Coverage has ranged from 1.09 to 63.19 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 8.02, Million Hope Industries Holdings has consistently been below 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 Construction company?
The median Interest Coverage among Construction companies is 8.02, based on 1,363 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. Million Hope Industries Holdings's current Interest Coverage of 2.41 is 70% below 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 Million Hope Industries Holdings and its competitors. For the Construction industry, the median Interest Coverage is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Million Hope Industries Holdings's current Interest Coverage is 2.41, which is 80% below median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Million Hope Industries Holdings stock overvalued right now?
Based on GuruFocus' analysis, Million Hope Industries Holdings (HKSE:01897) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.48 — trading 100% above its estimated fair value. The current Interest Coverage is 2.41, which is 80% below median its 10-year median of 12.35 and 70% below the Construction industry median of 8.02. Million Hope Industries Holdings' overall GF Score™ is 51/100 with 11 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 Million Hope Industries Holdings (HKSE:01897), the current Interest Coverage is 2.41 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 Million Hope Industries Holdings (HKSE:01897) Overvalued in 2026?

Based on GuruFocus' analysis, Million Hope Industries Holdings stock appears to be overvalued. The current stock price of HK$0.48 is trading 100% above its estimated GF Value™ of HK$0.24. GuruFocus considers Million Hope Industries Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01897:

  • Interest Coverage: 2.41 (80% below median its 10-year median of 12.35)
  • GF Value™: HK$0.24 vs. price of HK$0.48 (100% above fair value)
  • GF Score™: 51/100 with 11 warning signs
  • Industry Position: 70% below the Construction median (#867 of 1363)

No single metric tells the full story. See the HKSE:01897 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Million Hope Industries Holdings Business Description

Address 3 On Kwan Street, Office A, 20th Floor, Kings Wing Plaza 1, Shek Mum, Shatin, New Territories, Hong Kong, HKG
Million Hope Industries Holdings Ltd and its subsidiaries are engaged in designing, supplying and installation of facade and curtain wall systems, with a focus on curtain walls, aluminum windows and doors. The company provides design, supply and installation services for curtain walls, aluminium windows and doors on both new and existing buildings, and works with customers and architects to offer tailor-made designs and products to suit the project requirements. The principal customers are the main contractors and property developers. Geographically, the group has a business presence in Hong Kong and Mainland China of which prime revenue is generated from Hong Kong.
51GF Score

Get the complete analysis for HKSE:01897

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

HK$0.48
Price
HK$0.24
GF Value