MHIHF (Million Hope Industries Holdings) Asset Turnover: 0.23 (As of Sep. 2025)


MHIHF Million Hope Industries Holdings Ltd MHIHF
60 GF Score
Price $0.04
GF Value $0.02
! 7 Warning Signs
View Full Analysis

What is Million Hope Industries Holdings Asset Turnover?

Million Hope Industries Holdings MHIHF 60 Asset Turnover is 0.23 as of Sep. 2025. GuruFocus rates MHIHF with a GF Score™ of 60/100 and a GF Value™ of $0.02. The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Million Hope Industries Holdings's Revenue for the six months ended in Sep. 2025 was $18.49 Mil. Million Hope Industries Holdings's Total Assets for the quarter that ended in Sep. 2025 was $80.19 Mil. Therefore, Million Hope Industries Holdings's Asset Turnover for the quarter that ended in Sep. 2025 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Million Hope Industries Holdings's annualized ROE % for the quarter that ended in Sep. 2025 was 0.34%. It is also linked to ROA % through Du Pont Formula. Million Hope Industries Holdings's annualized ROA % for the quarter that ended in Sep. 2025 was 0.29%.


Million Hope Industries Holdings  (OTCPK:MHIHF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Million Hope Industries Holdings's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=0.232/67.288
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.232 / 36.972)*(36.972 / 80.185)*(80.185/ 67.288)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.63 %*0.4611*1.1917
=ROA %*Equity Multiplier
=0.29 %*1.1917
=0.34 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) revenue data.

* 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 ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Million Hope Industries Holdings's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=0.232/80.185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.232 / 36.972)*(36.972 / 80.185)
=Net Margin %*Asset Turnover
=0.63 %*0.4611
=0.29 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Million Hope Industries Holdings Asset Turnover Related Terms


Million Hope Industries Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Million Hope Industries Holdings's Asset Turnover 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 Asset Turnover Chart

Million Hope Industries Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.91 0.93 0.65 0.52

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
Asset Turnover 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 0.43 0.42 0.22 0.23 0.29

MHIHF vs TT, JCI, CARR: Asset Turnover Comparison

For the Building Products & Equipment subindustry, Million Hope Industries Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Construction Industry

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

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


MHIHF
60GF Score
Million Hope Industries Holdings Ltd MHIHF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Million Hope Industries Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Million Hope Industries Holdings's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=53.032/( (82.834+80.821)/ 2 )
=53.032/81.8275
=0.65

Million Hope Industries Holdings's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=18.486/( (80.821+79.549)/ 2 )
=18.486/80.185
=0.23

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.23 mean?
Million Hope Industries Holdings (MHIHF) has a Asset Turnover of 0.23 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Million Hope Industries Holdings and its competitors.
Is Million Hope Industries Holdings' Asset Turnover too high?
Million Hope Industries Holdings' current Asset Turnover is 0.23. Overall, Million Hope Industries Holdings has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Million Hope Industries Holdings' Asset Turnover compare to TT and JCI?
Million Hope Industries Holdings' Asset Turnover of 0.23 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Construction company?
A good Asset Turnover depends on the Construction industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Million Hope Industries Holdings and its competitors. Million Hope Industries Holdings's current Asset Turnover is 0.23. 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 Asset Turnover of 0.23. 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 Asset Turnover is 0.23. Million Hope Industries Holdings' overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Million Hope Industries Holdings (MHIHF), the current Asset Turnover is 0.23 as of Sep. 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 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:

  • Asset Turnover: 0.23
  • GF Value™: $0.02 vs. price of $0.04 (100% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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.
60GF Score

Get the complete analysis for MHIHF

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

$0.04
Price
$0.02
GF Value