Ming Shing Group Holdings Limited Ordinary Shares (MSW) - Total Assets
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. See shareholders equity of Ming Shing Group Holdings Limited Ordina for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Ming Shing Group Holdings Limited Ordina (MSW) market capitalisation.
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 |
|---|---|---|
|
EMCOR Group Inc
NYSE:EME
|
USA | $8.64 Billion |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267
|
China | CN¥3.78 Billion |
|
Cadeler A/S
NYSE:CDLR
|
USA | $3.06 Billion |
|
Xinjiang Beixin Road&Bridge Group Co Ltd
SHE:002307
|
China | CN¥58.93 Billion |
|
CH. Karnchang PCL
BK:CK
|
Thailand | ฿116.55 Billion |
|
Salfacorp
SN:SALFACORP
|
Chile | CL$1.58 Trillion |
|
Shenzhen Ecobeauty Co Ltd
SHE:000010
|
China | CN¥2.72 Billion |
|
S.P.I Landscape Design Co. Ltd.
SHE:300844
|
China | CN¥1.00 Billion |
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 | 1.11 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | $13.42 Million |
| Market Capitalization | $14.92 Million USD |
Valuation Analysis
Above Book Valuation: The market values Ming Shing Group Holdings Limited Ordinary Shares's assets above their book value (1.11x), reflecting positive investor sentiment about the company's future prospects.
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 | -- |
About 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.