Ming Shing Financials

MSW Stock  USD 0.97  0.03  3.19%   
Ming Shing Group is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in February. At this time, Ming Shing's Other Current Liabilities is fairly stable compared to the past year. Cash is likely to climb to about 481.1 K in 2026, whereas Short and Long Term Debt Total is likely to drop slightly above 5.4 M in 2026.
 
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Ming Shing Balance Sheet Chart

At this time, Ming Shing's Other Current Liabilities is fairly stable compared to the past year. Cash is likely to climb to about 481.1 K in 2026, whereas Short and Long Term Debt Total is likely to drop slightly above 5.4 M in 2026.
Key indicators impacting Ming Shing's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio11.439.05
Significantly Up
Slightly volatile
Current Ratio1.441.24
Fairly Up
Slightly volatile
The financial analysis of Ming Shing is a critical element in measuring its lifeblood. Investors should not minimize Ming Shing's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(4.9 Million)

  
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Please note, the imprecision that can be found in Ming Shing's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ming Shing Group. Check Ming Shing's Beneish M Score to see the likelihood of Ming Shing's management manipulating its earnings.

Ming Shing Stock Summary

Ming Shing competes with Megan Holdings, XTI Aerospace, ParaZero Technologies, Nixxy, and Quest Resource. Mission West Properties, Inc. engages in the acquisition, marketing, leasing, and management of research and development properties, primarily in the Silicon Valley portion of the San Francisco Bay Area.
Specialization
Industrials, Engineering & Construction
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINKYG614401068
Business AddressNCB Innovation Centre,
SectorConstruction & Engineering
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitems100.com.hk
Phone852 2370 3788
CurrencyUSD - US Dollar

Ming Shing Key Financial Ratios

Ming Shing Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets5.6M8.3M11.9M13.4M15.4M9.2M
Other Current Liab75.2K83.4K136.8K412.5K474.3K498.1K
Net Debt2.9M5.3M6.0M7.5M8.6M5.0M
Retained Earnings158.5K381.6K997.0K(5.8M)(5.3M)(5.0M)
Accounts Payable1.8M1.9M3.2M4.0M4.6M2.5M
Cash217.8K324.0K1.1M249.9K287.4K481.1K
Long Term Debt1.4M1.5M3.0M2.9M3.3M2.1M
Net Receivables5.0M6.6M7.8M9.5M11.0M6.7M
Other Current Assets3.9K20.8K10.1K461.6K530.8K557.3K
Total Liab5.4M7.9M10.9M12.4M14.3M8.5M
Net Invested Capital3.2M5.7M7.9M8.6M9.9M5.9M
Short Long Term Debt1.6M3.8M3.8M4.8M5.5M3.1M
Total Current Assets5.2M6.9M8.8M10.3M11.8M7.3M
Net Working Capital1.2M733.8K1.1M734.4K660.9K764.1K
Short Term Debt1.7M3.9M3.9M4.8M5.6M3.2M

Ming Shing Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ming Shing's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202120222023202420252026 (projected)
Tax Provision317.1K468.9K648.9K(80.2K)(72.1K)(68.5K)
Net Interest Income(89.4K)(203.0K)(379.4K)(535.4K)(481.8K)(457.7K)
Interest Expense74.6K180.0K286.1K508.8K585.1K614.4K
Total Revenue14.4M21.9M27.6M33.9M38.9M22.8M
Gross Profit2.6M3.5M5.1M(1.3M)(1.2M)(1.1M)
Operating Income2.1M2.6M3.2M(5.4M)(4.8M)(4.6M)
Ebit2.2M3.4M3.3M(5.3M)(4.8M)(4.5M)
Ebitda2.3M3.5M3.4M(5.2M)(4.6M)(4.4M)
Cost Of Revenue11.8M18.4M22.5M35.2M40.4M20.4M
Income Before Tax2.1M3.3M3.0M(5.8M)(5.2M)(5.0M)
Net Income1.8M2.8M2.3M(5.7M)(5.2M)(4.9M)
Income Tax Expense317.1K468.9K648.9K(80.2K)(72.1K)(68.5K)

Ming Shing Key Cash Accounts

202120222023202420252026 (projected)
Investments56.4K35.9K(1.1M)10.3K9.2K9.7K
Change In Cash(96.7K)106.2K756.6K(830.6K)(747.5K)(710.2K)
Free Cash Flow(151.6K)779.9K1.3M(8.0M)(7.2M)(6.8M)
Depreciation59.7K79.7K105.7K150.5K173.1K97.2K
Other Non Cash Items5.5K49.8K392.2K828.4K952.6K1.0M
Net Income1.8M2.8M2.3M(5.7M)(5.2M)(4.9M)
End Period Cash Flow217.8K324.0K1.1M249.9K287.4K481.1K

Ming Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ming Shing's current stock value. Our valuation model uses many indicators to compare Ming Shing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ming Shing competition to find correlations between indicators driving Ming Shing's intrinsic value. More Info.
Ming Shing Group is rated below average in return on equity category among its peers. It is regarded third in return on asset category among its peers . At this time, Ming Shing's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ming Shing by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from Ming Shing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ming Shing Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ming Shing Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Ming Shing's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.04 in 2026, despite the fact that Tax Provision is likely to grow to (68.5 K).
 2023 2024 2025 2026 (projected)
Interest Expense286.1K508.8K585.1K614.4K
Depreciation And Amortization105.7K150.5K173.1K97.2K

Ming Shing fundamental ratios Correlations

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Click cells to compare fundamentals

Ming Shing Account Relationship Matchups

Ming Shing fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets5.6M8.3M11.9M13.4M15.4M9.2M
Other Current Liab75.2K83.4K136.8K412.5K474.3K498.1K
Net Debt2.9M5.3M6.0M7.5M8.6M5.0M
Retained Earnings158.5K381.6K997.0K(5.8M)(5.3M)(5.0M)
Accounts Payable1.8M1.9M3.2M4.0M4.6M2.5M
Cash217.8K324.0K1.1M249.9K287.4K481.1K
Long Term Debt1.4M1.5M3.0M2.9M3.3M2.1M
Net Receivables5.0M6.6M7.8M9.5M11.0M6.7M
Other Current Assets3.9K20.8K10.1K461.6K530.8K557.3K
Total Liab5.4M7.9M10.9M12.4M14.3M8.5M
Net Invested Capital3.2M5.7M7.9M8.6M9.9M5.9M
Short Long Term Debt1.6M3.8M3.8M4.8M5.5M3.1M
Total Current Assets5.2M6.9M8.8M10.3M11.8M7.3M
Net Working Capital1.2M733.8K1.1M734.4K660.9K764.1K
Short Term Debt1.7M3.9M3.9M4.8M5.6M3.2M

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Ming Shing is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Ming has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Ming Shing's financials are consistent with your investment objective using the following steps:
  • Review Ming Shing's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Ming Shing's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Ming Shing's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Ming Shing's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Ming Shing Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ming Shing's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ming Shing growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.44)

At this time, Ming Shing's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Ming Shing January 10, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ming Shing help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ming Shing Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ming Shing Group based on widely used predictive technical indicators. In general, we focus on analyzing Ming Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ming Shing's daily price indicators and compare them against related drivers.

Additional Tools for Ming Stock Analysis

When running Ming Shing's price analysis, check to measure Ming Shing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.