Mansion International Holdings (HKSE:08456) Beneish M-Score: 0.00 (As of Aug. 29, 2026)

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HKSE:08456 Mansion International Holdings Ltd HKSE:08456
27 GF Score
Price HK$0.38
GF Value HK$0.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mansion International Holdings Beneish M-Score?

Mansion International Holdings HKSE:08456 27 Beneish M-Score is 0.00 as of Aug. 29, 2026. GuruFocus rates HKSE:08456 with a GF Score™ of 27/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,000 Manufacturing - Apparel & Accessories companies, Mansion International Holdings ranks worse than 99999.9% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for Mansion International Holdings's Beneish M-Score or its related term are showing as below:

During the past 11 years, the highest Beneish M-Score of Mansion International Holdings was 2.48. The lowest was -8.41. And the median was -2.67.

Mansion International Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Mansion International Holdings's Beneish M-Score 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.

Mansion International Holdings Beneish M-Score Chart

Mansion International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.11 2.48 -2.67 0.00 0.00

Mansion International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score 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 -2.67 0.00 0.00 0.00 0.00

HKSE:08456 vs RL, LEVI, VFC: Beneish M-Score Comparison

For the Apparel Manufacturing subindustry, Mansion International Holdings's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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.

Mansion International Holdings Beneish M-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mansion International Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Mansion International Holdings's Beneish M-Score falls into.


HKSE:08456
27GF Score
Mansion International Holdings Ltd HKSE:08456
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mansion International Holdings Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Mansion International Holdings for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was HK$32.70 Mil.
Revenue was HK$44.48 Mil.
Gross Profit was HK$7.41 Mil.
Total Current Assets was HK$51.48 Mil.
Total Assets was HK$55.43 Mil.
Property, Plant and Equipment(Net PPE) was HK$3.95 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$2.62 Mil.
Selling, General, & Admin. Expense(SGA) was HK$10.41 Mil.
Total Current Liabilities was HK$27.21 Mil.
Long-Term Debt & Capital Lease Obligation was HK$1.24 Mil.
Net Income was HK$-3.38 Mil.
Gross Profit was HK$0.00 Mil.
Cash Flow from Operations was HK$-8.11 Mil.
 Total Receivables was HK$32.81 Mil.
Revenue was HK$51.36 Mil.
Gross Profit was HK$8.15 Mil.
Total Current Assets was HK$34.06 Mil.
Total Assets was HK$36.65 Mil.
Property, Plant and Equipment(Net PPE) was HK$2.59 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$1.90 Mil.
Selling, General, & Admin. Expense(SGA) was HK$12.38 Mil.
Total Current Liabilities was HK$35.73 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0.03 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(32.699 / 44.475) / (32.812 / 51.36)
=0.735222 / 0.638863
=

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(8.152 / 51.36) / (7.408 / 44.475)
=0.158723 / 0.166565
=

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (51.479 + 3.948) / 55.427) / (1 - (34.059 + 2.587) / 36.646)
=0 / 0
=

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=44.475 / 51.36
=

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(1.897 / (1.897 + 2.587)) / (2.623 / (2.623 + 3.948))
=0.42306 / 0.399178
=

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(10.407 / 44.475) / (12.378 / 51.36)
=0.233997 / 0.241005
=

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((1.239 + 27.208) / 55.427) / ((0.026 + 35.729) / 36.646)
=0.513234 / 0.975686
=

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-3.382 - 0 - -8.106) / 55.427
=0.085229

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Mansion International Holdings (HKSE:08456) has a Beneish M-Score of 0.00 as of Aug. 29, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mansion International Holdings and its competitors. According to the industry distribution chart, Mansion International Holdings ranks #999999 out of 1000 companies in the Manufacturing - Apparel & Accessories industry.
Is Mansion International Holdings' Beneish M-Score too high?
Mansion International Holdings' current Beneish M-Score is 0.00. Based on the distribution chart, Mansion International Holdings ranks #999999 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mansion International Holdings has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mansion International Holdings' Beneish M-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mansion International Holdings ranks #999999 out of 1000 companies for Beneish M-Score. This places Mansion International Holdings in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Manufacturing - Apparel & Accessories company?
A good Beneish M-Score depends on the Manufacturing - Apparel & Accessories industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Mansion International Holdings and its competitors. Mansion International Holdings's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mansion International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mansion International Holdings (HKSE:08456) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.38 — trading 216.7% above its estimated fair value. The current Beneish M-Score is 0.00. Mansion International Holdings' overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Mansion International Holdings (HKSE:08456), the current Beneish M-Score is 0.00 as of Aug. 29, 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 Mansion International Holdings (HKSE:08456) Overvalued in 2026?

Based on GuruFocus' analysis, Mansion International Holdings stock appears to be overvalued. The current stock price of HK$0.38 is trading 216.7% above its estimated GF Value™ of HK$0.12. GuruFocus considers Mansion International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08456:

  • Beneish M-Score: 0.00
  • GF Value™: HK$0.12 vs. price of HK$0.38 (216.7% above fair value)
  • GF Score™: 27/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mansion International Holdings Business Description

Address Room 204, 2/F., Empire Court, 2-4 Hysan Avenue, Causeway Bay, Hong Kong, HKG
Mansion International Holdings Ltd is engaged in the manufacture and sale of fabric-made products covering baby clothing and clothing accessories for infants and toddlers. Its product offerings include skin wear, dream wear, home wear, smart wear, and little wear. Geographically it earns the majority of its revenue from the PRC including Hong Kong and Macau.
27GF Score

Get the complete analysis for HKSE:08456

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

HK$0.38
Price
HK$0.12
GF Value