MHIHF (Million Hope Industries Holdings) Return-on-Tangible-Asset: 1.64% (As of Mar. 2026) — 56% Below Median

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MHIHF Million Hope Industries Holdings Ltd MHIHF
50 GF Score
Price $0.04
GF Value $0.02
! 7 Warning Signs
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What is Million Hope Industries Holdings Return-on-Tangible-Asset?

Million Hope Industries Holdings MHIHF 50 Return-on-Tangible-Asset is 1.64% as of Mar. 2026, which is 56% below its 10-year median of 3.72. GuruFocus rates MHIHF with a GF Score™ of 50/100 and a GF Value™ of $0.02. The stock has 7 warning signs investors should review. Among 1,788 Construction companies, Million Hope Industries Holdings ranks worse than 64.93% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Million Hope Industries Holdings's annualized Net Income for the quarter that ended in Mar. 2026 was $1.30 Mil. Million Hope Industries Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $78.81 Mil. Therefore, Million Hope Industries Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.64%.

The historical rank and industry rank for Million Hope Industries Holdings's Return-on-Tangible-Asset or its related term are showing as below:

MHIHF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.96   Med: 3.72   Max: 19.53
Current: 0.96

During the past 11 years, Million Hope Industries Holdings's highest Return-on-Tangible-Asset was 19.53%. The lowest was 0.96%. And the median was 3.72%.

MHIHF's Return-on-Tangible-Asset is ranked worse than
64.93% of 1788 companies
in the Construction industry
Industry Median: 3.03 vs MHIHF: 0.96

Million Hope Industries Holdings  (OTCPK:MHIHF) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Million Hope Industries Holdings Return-on-Tangible-Asset Related Terms


Million Hope Industries Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Million Hope Industries Holdings's Return-on-Tangible-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.

Million Hope Industries Holdings Return-on-Tangible-Asset Chart

Million Hope Industries Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 1.82 1.76 1.43 0.96

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
Return-on-Tangible-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 2.13 2.07 0.73 0.29 1.64

MHIHF vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison

For the Building Products & Equipment subindustry, Million Hope Industries Holdings's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Million Hope Industries Holdings Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Million Hope Industries Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Million Hope Industries Holdings's Return-on-Tangible-Asset falls into.


MHIHF
50GF Score
Million Hope Industries Holdings Ltd MHIHF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Million Hope Industries Holdings Return-on-Tangible-Asset Calculation

Million Hope Industries Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=0.763/( (80.821+78.077)/ 2 )
=0.763/79.449
=0.96 %

Million Hope Industries Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1.296/( (79.549+78.077)/ 2 )
=1.296/78.813
=1.64 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.64% mean?
Million Hope Industries Holdings (MHIHF) has a Return-on-Tangible-Asset of 1.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Million Hope Industries Holdings and its competitors. This is 56% below median its historical median of 3.72. Over the past decade, Million Hope Industries Holdings' Return-on-Tangible-Asset has ranged from 0.96 to 19.53. According to the industry distribution chart, Million Hope Industries Holdings ranks #1161 out of 1788 companies in the Construction industry, placing it in the top 64.9%.
Is Million Hope Industries Holdings' Return-on-Tangible-Asset too high?
Million Hope Industries Holdings' current Return-on-Tangible-Asset of 1.64% is 56% below median its 10-year median of 3.72. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 19.53. The Construction industry median Return-on-Tangible-Asset is 3.03. Million Hope Industries Holdings' value of 1.64% is 45.9% below this industry median. Based on the distribution chart, Million Hope Industries Holdings ranks #1161 out of 1788 companies in the Construction industry, which is below the industry midpoint. Overall, Million Hope Industries Holdings has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Million Hope Industries Holdings' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Million Hope Industries Holdings ranks #1161 out of 1788 companies for Return-on-Tangible-Asset. This places Million Hope Industries Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.03. Million Hope Industries Holdings' value of 1.64% is 45.9% below this benchmark. Historically, Million Hope Industries Holdings' own Return-on-Tangible-Asset has ranged from 0.96 to 19.53 over the past decade. While the company's 10-year median is 3.72 vs. the industry median of 3.03, 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 Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,788 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Million Hope Industries Holdings's current Return-on-Tangible-Asset of 1.64% is 45.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Million Hope Industries Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Million Hope Industries Holdings's current Return-on-Tangible-Asset is 1.64%, which is 56% below median its own 10-year median of 3.72. 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?
Million Hope Industries Holdings (MHIHF) has a current Return-on-Tangible-Asset of 1.64%. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current Return-on-Tangible-Asset is 1.64%, which is 56% below median its 10-year median of 3.72 and 45.9% below the Construction industry median of 3.03. Million Hope Industries Holdings' overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Million Hope Industries Holdings (MHIHF), the current Return-on-Tangible-Asset is 1.64% 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 (MHIHF) Overvalued in 2026?

Based on GuruFocus' analysis, Million Hope Industries Holdings stock appears to be overvalued. The current stock price of $0.04 is trading 100% above its estimated GF Value™ of $0.02.

Key valuation signals for MHIHF:

  • Return-on-Tangible-Asset: 1.64% (56% below median its 10-year median of 3.72)
  • GF Value™: $0.02 vs. price of $0.04 (100% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 45.9% below the Construction median (#1161 of 1788)

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


Million Hope Industries Holdings Business Description

Other Exchanges 01897:Hong Kong
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.
50GF Score

Get the complete analysis for MHIHF

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

$0.04
Price
$0.02
GF Value