Ming Shing Group Holdings Ltd (MSW) — Tangible Net Worth Ratio
Ming Shing Group Holdings Ltd (MSW) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($983.98K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see Ming Shing Group Holdings Ltd (MSW) market capitalisation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ming Shing Group Holdings Ltd Tangible Net Worth Ratio (2021–2025)
This chart shows how Ming Shing Group Holdings Ltd's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2025, the ratio stands at 100.0%, reflecting net assets of $983.98K with intangible assets of $0.00 USD. Also explore MSW year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ming Shing Group Holdings Ltd (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ming Shing Group Holdings Ltd from 2021 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See how financially flexible is Ming Shing Group Holdings Ltd to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $983.98K | $0.00 | $13.42 Million | ▲ +0.0 pp |
| 2024 | 100.0% | $998.26K | $0.00 | $11.89 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $382.89K | $0.00 | $8.28 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $159.76K | $0.00 | $5.60 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $458.31K | $0.00 | $2.42 Million | — |