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Ming Shing Group Holdings Ltd

MSW

$1.26 0.00 (0.00%) at close

5 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Ming Shing Group Holdings Ltd faces fundamental challenges with weakness in Profit Margin (%) and Debt to Equity. The fundamentals warrant careful consideration of downside risks.

Market Cap $14.9M

Dividend Yield —

Revenue Growth 22.8% ↘

Op. Margin -15.8% ↘

ROIC -61.3% ↘

FCF / Share $-0.67 ↘

Trailing P/E —

Price / Book 16.6x

FCF Yield —

Debt / Equity 12.59

info Valuation on last close. End-of-day price, Jul 7, 2026.

5-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$33.85M

↑ +22.8% —

Net Income Profit after all expenses

$-5.73M

↓ -346.3% —

Operating Margin Operating profit as % of sales

-15.8%

↓ -234.4% 12th

FCF / Share Free cash flow per share

$-0.67

↓ -677.6% —

Long-Term Debt Long-term obligations

$7.63M

↑ +11.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)
Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Financial Health ↓

Cash Quality

Financial view

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📈 Is growth accelerating? 5 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Revenue Growth YoY (%)	22.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+355%)	26.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+422%)	52.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+941%)	—	—
EPS Growth YoY (%)	N/M	-16.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	13.6% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	N/M	-16.5% Weak Weak Year-over-year change in net income	54.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	N/M	68.0% Excellent Excellent Year-over-year change in free cash flow	N/M	—	—
Revenue CAGR 3Y (%)	33.0% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Operating Margin (%) (%)	-15.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-232%)	11.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	12.1% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	14.7% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+23%)	—
Effective Tax Rate (%) (%)	1.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.8% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-16.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-312%)	8.4% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	12.7% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+59%)	12.5% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+57%)	—
FCF Margin (%) (%)	-23.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	3.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-1.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	1.39x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.56x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.28x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.08x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Return on Invested Capital (%)	-61.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	32.3% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	39.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	1126.6% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-39.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	27.3% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	31.9% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	—	233.1% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+1454%)	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Debt to Equity (x)	12.59x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1699%)	10.69x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+1427%)	23.89x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+3312%)	—	—
Interest Coverage (x)	-10.52x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	11.35x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	14.66x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	28.38x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$12.14M	$9.59M	$8.82M	—	—
Debt / EBITDA (x)	-2.35x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.26x Caution Caution Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.46x Caution Caution Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Revenue per Share (USD)	$2.86	$2.45	$1.94	$1.77	—
Basic EPS, GAAP (USD)	$-0.48	$0.21	$0.25	$0.22	—
Free Cash Flow per Share (USD)	$-0.67	$0.12	$0.07	$-0.02	—
Book Value per Share (USD)	$0.08	$0.09	$0.03	$0.02	—
Tangible Book Value per Share (USD)	$0.08	$0.09	$0.03	$0.02	—
Basic Weighted Avg Shares (shares)	11.85M	11.25M	11.25M	8.14M	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Working Capital (USD)	$734.36K	$1.10M	$733.76K	—	—
LT Debt (USD)	$7.63M	$6.85M	$5.32M	—	—
Total Equity (USD)	$983.98K	$998.26K	$382.89K	$159.76K	$458.31K

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Mar 31, 2025 20-F ↗	FY 2024 Mar 31, 2024 20-F ↗	FY 2023 Mar 31, 2023 20-F ↗	FY 2022 Mar 31, 2022 20-F ↗	FY 2021 Mar 31, 2021 20-F ↗
Sales/Revenue/Turnover (USD)	$33.85M	$27.57M	$21.87M	$14.38M	—
Depreciation Expense (USD)	$82.42K	$26.21K	$5.00K	$7.77K	—
Net Income, GAAP (USD)	$-5.73M	$2.33M	$2.79M	$1.80M	—
Operating Cash Flow (USD)	$-7.97M	$2.46M	$795.33K	$-151.56K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 5 years · 5 quarters

Ming Shing Group Holdings Ltd

Analytical Summary

5-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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