Ming Shing Group Holdings Limited Ordinary Shares (MSW) — Cash Flow Quality Index

Latest as of March 2024: 1.06x

Ming Shing Group Holdings Limited Ordinary Shares (MSW) has a Cash Flow Quality Index of 1.06x as of March 2024. Operating cash flow of $2.46 Million exceeds net income of $2.33 Million, indicating high earnings quality where cash backs reported profits. Explore Ming Shing Group Holdings Limited Ordina (MSW) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

1.06x
Operating CF / Net Income

Operating Cash Flow

$2.46 Million
USD

Net Income

$2.33 Million
USD

Data as of

Mar 2024
Most recent filing

Ming Shing Group Holdings Limited Ordinary Shares Cash Flow Quality Index (2021–2024)

Historical Cash Flow Quality Index for Ming Shing Group Holdings Limited Ordinary Shares across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Ming Shing Group Holdings Limited Ordina cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Ming Shing Group Holdings Limited Ordinary Shares (2021–2024)

Year-by-year earnings quality comparison for Ming Shing Group Holdings Limited Ordinary Shares. For live market cap and the full company financial profile, see Ming Shing Group Holdings Limited Ordina stock valuation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.06x $2.46 Million $2.33 Million ▲ +270.1%
2023 0.29x $795.33K $2.79 Million ▲ +439.6%
2022 -0.08x $-151.56K $1.80 Million ▼ -116.8%
2021 0.50x $636.06K $1.27 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.