Ming Shing Group Holdings Ltd (MSW) — Cash Flow Quality Index
Ming Shing Group Holdings Ltd (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. For the full cash flow conversion analysis, see Ming Shing Group Holdings Ltd cash flow conversion.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Ming Shing Group Holdings Ltd Cash Flow Quality Index (2021–2024)
Historical Cash Flow Quality Index for Ming Shing Group Holdings Ltd across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Ming Shing Group Holdings Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Cash Flow Quality Index for Ming Shing Group Holdings Ltd (2021–2024)
Year-by-year earnings quality comparison for Ming Shing Group Holdings Ltd. Explore MSW capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |