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

Latest as of March 2024: 1.06x

Ming Shing Group Holdings Limited Ordinary Shares (PMA) 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 Limited Ordina operating cash flow efficiency.

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. Explore PMA 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 Limited Ordinary Shares (2021–2024)

Year-by-year earnings quality comparison for Ming Shing Group Holdings Limited Ordinary Shares. Explore PMA capital expenditure intensity 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.