SIREN : 789290616
MHI DEVELOPPEMENT is a French company founded 13 years ago, specialized in the sector Gestion de fonds. Based in MOUTHIERS-SUR-BOEME (16440), this company of category PME shows in 2023 a revenue of 20 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 20 000 € | 20 000 € | 95 000 € |
| Net income | 10 166 € | 15 635 € | 82 086 € |
| EBITDA | 11 939 € | 17 109 € | 93 170 € |
| Net margin | 50.8% | 78.2% | 86.4% |
In 2023, MHI DEVELOPPEMENT achieves revenue of 20 k€. Revenue is declining over the period 2021-2023 (CAGR: -54.1%). Slight decline of 0% vs 2022. After deducting consumption (0 €), gross margin stands at 20 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 12 k€, representing 59.7% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -30%, reducing margin by 25.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 10 k€, i.e. 50.8% of revenue. This profit can be retained or distributed to shareholders.
20 000 €
20 000 €
11 939 €
11 939 €
10 166 €
59.7%
The debt ratio (= Financial debt / Equity x 100) stands at 136%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 21.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
136.171%
39.475%
50.83%
21.938
In 2023, the debt ratio of MHI DEVELOPPEMENT (136.17) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of MHI DEVELOPPEMENT (39.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of MHI DEVELOPPEMENT (21.94) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 762.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
762.973
0.0
In 2023, the liquidity ratio of MHI DEVELOPPEMENT (762.97) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of MHI DEVELOPPEMENT (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3150 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. The gap of 3071 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 3317 days of revenue, i.e. 184 k€ to permanently finance. Over 2021-2023, WCR increased by +36%, requiring additional financing.
184 279 €
3150 j
79 j
0 j
3317 j
Based on 77 transactions of similar company sales
in 2023,
the value of MHI DEVELOPPEMENT is estimated at
48 992 €
(range 24 071€ - 74 903€).
With an EBITDA of 11 939€, the sector multiple of 5.5x is applied.
The price/revenue ratio is 0.50x
(in line with sector norms).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 77 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare MHI DEVELOPPEMENT with other companies in the same sector:
The revenue of MHI DEVELOPPEMENT in 2023 is 20 k€.
Yes, MHI DEVELOPPEMENT generated a net profit of 10 k€ in 2023.
The headquarters of MHI DEVELOPPEMENT is located in MOUTHIERS-SUR-BOEME (16440), in the department Charente.
The tax return of MHI DEVELOPPEMENT is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
MHI DEVELOPPEMENT operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.