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Million Hope Industries Holdings Ltd. (HK:1897)
:1897
Hong Kong Market
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Million Hope Industries Holdings Ltd. (1897) AI Stock Analysis

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HK

Million Hope Industries Holdings Ltd.

(1897)

Rating:62Neutral
Price Target:
Million Hope Industries Holdings Ltd. exhibits strong financial stability with a robust balance sheet and solid cash flows, though revenue growth poses a challenge. Technical indicators suggest weak market momentum, which could impact short-term performance. Valuation metrics are reasonable, though current market conditions may affect investor sentiment.

Million Hope Industries Holdings Ltd. (1897) vs. iShares MSCI Hong Kong ETF (EWH)

Million Hope Industries Holdings Ltd. Business Overview & Revenue Model

Company DescriptionMillion Hope Industries Holdings Limited, an investment holding company, engages in the design, supply, and installation of facade and curtain wall systems primarily in Hong Kong and Mainland China. The company offers curtain walls, aluminum windows and doors, claddings, louvres, balustrade, window wall, canopy, and grille to contractors and property developers. It also invests in properties. Million Hope Industries Holdings Limited was founded in 1990 and is headquartered in Sha Tin, Hong Kong.
How the Company Makes MoneyMillion Hope Industries Holdings Ltd. generates revenue through its comprehensive suite of services related to curtain wall and aluminum window systems. The primary revenue streams include the design, production, and installation of architectural metalwork for various building projects. The company may also earn income from maintenance and after-sales services provided to its clients. Additionally, strategic partnerships with construction firms and developers play a crucial role in securing large-scale contracts and expanding its market reach. The company's focus on quality, innovation, and customer satisfaction further supports its financial performance and market competitiveness.

Million Hope Industries Holdings Ltd. Financial Statement Overview

Summary
Million Hope Industries Holdings Ltd. demonstrates overall financial stability with a strong balance sheet and healthy cash flows. While revenue growth has been a challenge, the company has improved its operational efficiency. The low leverage and high equity ratio provide a solid foundation, although the potential for higher returns on equity could be explored further.
Income Statement
62
Positive
The company's gross profit margin improved in 2024 to approximately 9.2% from 6.2% in 2023, indicating better cost management or pricing strategies. The net profit margin remained relatively stable, decreasing slightly from 2.0% in 2023 to 1.9% in 2024. However, the revenue growth rate over the past year is negative at -0.6%, showing a decline in sales. The EBIT margin improved from 0.2% to 3.8%, signaling operational efficiency, but the EBITDA margin remained stable at around 5.0%.
Balance Sheet
85
Very Positive
The company maintains a strong balance sheet with an exceptionally low debt-to-equity ratio due to minimal debt. The equity ratio stands at a robust 81.2% in 2024, reflecting financial stability and low leverage. The return on equity is modest at 2.2%, indicating room for improvement in generating returns from equity.
Cash Flow
78
Positive
Operating cash flow to net income ratio is strong at 11.7, indicating solid cash generation relative to net income. The free cash flow has seen significant growth from last year, and the free cash flow to net income ratio is high at 11.6, showcasing efficient cash utilization. The overall cash flow position is strong, despite minor fluctuations in investing and financing cash flows.
BreakdownMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue603.55M607.20M717.65M536.01M299.79M
Gross Profit55.46M37.85M54.56M74.81M49.15M
EBITDA30.07M20.79M39.05M55.06M36.75M
Net Income11.46M12.11M24.63M38.94M24.24M
Balance Sheet
Total Assets648.01M659.21M669.13M672.64M621.69M
Cash, Cash Equivalents and Short-Term Investments193.33M77.56M86.56M236.02M297.69M
Total Debt206.00K351.00K100.00K331.00K175.00K
Total Liabilities121.53M127.16M129.79M126.78M106.81M
Stockholders Equity526.48M532.04M539.33M545.87M514.88M
Cash Flow
Free Cash Flow132.94M14.47M-44.50M-48.60M14.12M
Operating Cash Flow133.40M14.94M-43.10M-47.83M15.15M
Investing Cash Flow-4.24M-5.85M-72.55M2.19M5.68M
Financing Cash Flow-12.79M-13.35M-34.03M-17.79M-27.21M

Million Hope Industries Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.48
Price Trends
50DMA
0.43
Positive
100DMA
0.43
Positive
200DMA
0.43
Positive
Market Momentum
MACD
0.01
Negative
RSI
61.25
Neutral
STOCH
85.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1897, the sentiment is Positive. The current price of 0.48 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.43, and above the 200-day MA of 0.43, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 61.25 is Neutral, neither overbought nor oversold. The STOCH value of 85.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1897.

Million Hope Industries Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
HK$180.79M5.116.42%10.06%-45.88%
62
Neutral
C$6.64B7.813.45%2.77%6.50%-23.02%
62
Neutral
HK$183.12M20.271.73%3.33%-12.43%-5.67%
$49.98M-25.09%
60
Neutral
HK$290.00M22.873.75%8.10%98.46%
44
Neutral
HK$77.21M-102.44%-24.20%-97.97%
42
Neutral
HK$200.28M-44.82%-9.02%73.23%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1897
Million Hope Industries Holdings Ltd.
0.45
0.04
9.76%
WHWRF
World Houseware (Holdings)
0.05
0.00
0.00%
HK:1592
Anchorstone Holdings Limited
0.03
0.00
0.00%
HK:1937
JiaChen Holding Group Limited
0.28
0.08
40.00%
HK:3313
ArtGo Holdings Ltd.
0.16
-0.07
-30.43%
HK:8646
China Hongguang Holdings Limited
0.26
0.06
30.00%

Million Hope Industries Holdings Ltd. Corporate Events

Million Hope Industries Announces Director Resignation
Mar 19, 2025

Million Hope Industries Holdings Limited announced the resignation of Mr. Chuk Kin Lun as a non-executive director, effective March 19, 2025, as he intends to focus more on personal affairs. The company expressed gratitude for Mr. Chuk’s contributions and confirmed there are no disagreements or issues related to his departure that need to be addressed with shareholders or the Hong Kong Stock Exchange.

Million Hope Industries Announces Board and Committee Roles
Mar 19, 2025

Million Hope Industries Holdings Limited, incorporated in the Cayman Islands, has announced the composition of its board of directors and their roles within the company. The board includes a mix of non-executive, executive, and independent non-executive directors, with Mr. Wong Sue Toa, Stewart serving as the non-executive chairman. The announcement also details the members of four board committees: Audit, Investment, Nomination, and Remuneration, highlighting the leadership and membership roles within each committee. This structured governance approach indicates a strategic focus on oversight and decision-making processes, potentially impacting the company’s operational efficiency and stakeholder confidence.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 22, 2025