Ming Shing Group Holdings Limited Ordinary Shares
Ming Shing Group Holdings Limited, through its subsidiaries, engages in wet trades works in Hong Kong. Its works include plastering, tile laying, brick laying, floor screeding, and marble works. The company serves public and private sectors. Ming Shing Group Holdings Limited was incorporated in 2022 and is based in Cheung Sha Wan, Hong Kong.
Ming Shing Group Holdings Limited Ordinary Shares (MSW) - Total Assets
Latest total assets as of June 2025: $13.42 Million USD
Based on the latest financial reports, Ming Shing Group Holdings Limited Ordinary Shares (MSW) holds total assets worth $13.42 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ming Shing Group Holdings Limited Ordinary Shares - Total Assets Trend (2021–2025)
This chart illustrates how Ming Shing Group Holdings Limited Ordinary Shares’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ming Shing Group Holdings Limited Ordinary Shares - Asset Composition Analysis
Current Asset Composition (March 2025)
Ming Shing Group Holdings Limited Ordinary Shares's total assets of $13.42 Million consist of 76.4% current assets and 23.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $9.55 Million | 71.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Ming Shing Group Holdings Limited Ordinary Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ming Shing Group Holdings Limited Ordinary Shares's current assets represent 76.4% of total assets in 2025, a decrease from 85.0% in 2021.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2025, down from 13.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 71.1% of total assets.
Ming Shing Group Holdings Limited Ordinary Shares Competitors by Total Assets
Key competitors of Ming Shing Group Holdings Limited Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
China | CN¥67.22 Billion |
|
NORINCO International Cooperation Ltd
SHE:000065
|
China | CN¥25.28 Billion |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
China | CN¥63.35 Billion |
|
Jinyuan Cement Co Ltd
SHE:000546
|
China | CN¥5.66 Billion |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
China | CN¥173.93 Billion |
|
ChengDu Hi-Tech Development Co Ltd
SHE:000628
|
China | CN¥12.49 Billion |
|
Hyundai Engineering & Construction
KO:000720
|
Korea | ₩26.86 Trillion |
Ming Shing Group Holdings Limited Ordinary Shares - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Ming Shing Group Holdings Limited Ordinary Shares generates 2.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ming Shing Group Holdings Limited Ordinary Shares is currently not profitable relative to its asset base.
Ming Shing Group Holdings Limited Ordinary Shares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.08 | 1.14 | 1.31 |
| Quick Ratio | 1.08 | 1.14 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $734.36K | $ 1.10 Million | $ 1.23 Million |
Ming Shing Group Holdings Limited Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Ming Shing Group Holdings Limited Ordinary Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 14.97 |
| Latest Market Cap to Assets Ratio | 0.37 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | $13.42 Million |
| Market Capitalization | $4.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ming Shing Group Holdings Limited Ordinary Shares's assets below their book value (0.37 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ming Shing Group Holdings Limited Ordinary Shares's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ming Shing Group Holdings Limited Ordinary Shares (2021–2025)
The table below shows the annual total assets of Ming Shing Group Holdings Limited Ordinary Shares from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $13.42 Million | +12.91% |
| 2024-03-31 | $11.89 Million | +43.54% |
| 2023-03-31 | $8.28 Million | +47.93% |
| 2022-03-31 | $5.60 Million | +131.39% |
| 2021-03-31 | $2.42 Million | -- |