Ming Shing Group Holdings Limited Ordinary Shares (PMA) — Cash Flow Quality Index
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. Explore Ming Shing Group Holdings Limited Ordina debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. See PMA equity financing ratio to measure how much of total assets are equity-financed.
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 the full cash flow conversion analysis, see Ming Shing Group Holdings Limited Ordina cash flow conversion.
| 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 | — |