MSW

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Ming Shing Group Holdings Limited

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Key Metrics

Previous Close: $0.00
52-Week Range: $0.60 – $3.25
Market Cap: $16.22M
P/E (TTM): —
EPS (TTM): -0.89
Dividend Yield: —

Advanced Metrics

Price/Book: —
PEG Ratio: —
Return on Equity: —
Return on Assets: -65.10%
Gross Margin: -26.03%
Operating Margin: -44.42%
Profit Margin: -41.49%
Current Ratio: 0.72
Debt/Equity: —
Total Debt: $7.41M
Free Cash Flow: $-2.60M
Revenue Growth: -51.60%
Earnings Growth: —
Enterprise Value: $23.54M

MSW Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$14.38M	$21.87M	$27.57M	$33.85M
Cost of Revenue	$11.76M	$18.37M	$22.48M	$35.16M
Gross Profit	$2.63M	$3.49M	$5.09M	-$1.31M
Selling, General & Admin	$488.85K	$761.17K	$1.17M	$1.11M
Operating Expenses	$497.82K	$832.55K	$1.21M	$2.00M
Operating Income	$2.13M	$2.66M	$3.89M	-$3.30M
EBITDA	$2.25M	$3.52M	$3.37M	-$5.15M
Pretax Income	$2.12M	$3.26M	$2.98M	-$5.81M
Income Tax	$317.10K	$468.89K	$648.94K	-$80.15K
Net Income	$1.80M	$2.79M	$2.33M	-$5.73M
Diluted EPS	0.14	0.19	0.18	-0.48
Diluted Shares	15.00M	15.00M	12.75M	11.85M

MSW Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$217.79K	$323.96K	$1.08M	$249.92K
Receivables	$4.96M	$6.57M	$7.75M	$9.55M
Current Assets	$5.18M	$6.92M	$8.84M	$10.26M
Total Assets	$5.60M	$8.28M	$11.89M	$13.42M
Current Liabilities	$3.96M	$6.18M	$7.74M	$9.53M
Long-Term Debt	$1.39M	$1.50M	$3.03M	$2.87M
Total Debt	$3.15M	$5.62M	$7.03M	$7.74M
Total Liabilities	$5.44M	$7.90M	$10.89M	$12.44M
Retained Earnings	$158.47K	$381.61K	$996.98K	-$5.84M
Shareholders' Equity	$159.76K	$382.89K	$998.26K	$983.98K
Working Capital	$1.23M	$733.76K	$1.10M	$734.36K
Net Debt	$2.79M	$5.00M	$5.77M	$7.38M

MSW Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$151.56K	$795.33K	$2.46M	-$7.97M
Capital Expenditure	—	-$15.38K	-$1.15M	—
Free Cash Flow	-$151.56K	$779.94K	$1.31M	-$7.97M
Depreciation & Amortisation	$59.66K	$79.67K	$105.73K	$150.52K
Investing Cash Flow	$56.39K	$35.90K	-$1.15M	$10.26K
Financing Cash Flow	-$1.58K	-$725.06K	-$553.37K	$7.13M
Net Change in Cash	-$96.75K	$106.17K	$756.56K	-$830.59K

MSW Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q3 2025
Cash & Equivalents	$249.92K	$590.92K
Receivables	$9.55M	$3.42M
Current Assets	$10.26M	$4.04M
Total Assets	$13.42M	$7.78M
Current Liabilities	$9.53M	$5.61M
Long-Term Debt	$2.87M	$4.78M
Total Debt	$7.74M	$7.41M
Total Liabilities	$12.44M	$10.40M
Retained Earnings	-$5.84M	-$9.45M
Shareholders' Equity	$983.98K	-$2.62M
Working Capital	$734.36K	-$1.57M
Net Debt	$7.38M	$6.74M

Market Snapshot

About

Ming Shing Group Holdings Limited is a construction and engineering company based in Hong Kong. The company provides fitting-out services, building construction, and project management for commercial, residential, and industrial projects. It serves clients in Hong Kong with a focus on interior construction and renovation work.