Ming Shing Group Holdings Ltd (MSW) - Total Assets
Based on the latest financial reports, Ming Shing Group Holdings Ltd (MSW) holds total assets worth $7.78 Million USD as of September 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. Also see MSW cash generation efficiency for how efficiently the company converts equity into cash flow.
Ming Shing Group Holdings Ltd - Total Assets Trend (2021–2026)
This chart illustrates how Ming Shing Group Holdings Ltd's total assets have evolved over time, based on quarterly financial data. See MSW live share price for real-time trading data and today's change.
Ming Shing Group Holdings Ltd - Asset Composition Analysis
Current Asset Composition (March 2026)
Ming Shing Group Holdings Ltd's total assets of $7.78 Million consist of 72.1% current assets and 27.9% non-current assets. Explore MSW working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.1% |
| Accounts Receivable | $834.58K | 14.2% |
| 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 (2021–2026)
This chart illustrates how Ming Shing Group Holdings Ltd'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 Ltd's current assets represent 72.1% of total assets in 2026, a decrease from 85.0% in 2021.
- Cash Position: Cash and equivalents constituted 28.1% of total assets in 2026, up 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 14.2% of total assets.
Ming Shing Group Holdings Ltd Competitors by Total Assets
Key competitors of Ming Shing Group Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Onde SA
WAR:OND
|
Poland | zł710.45 Million |
|
China Railway Construction Corp Ltd
SHG:601186
|
China | CN¥2.14 Trillion |
|
Primoris Services Corporation
NYSE:PRIM
|
USA | $4.65 Billion |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267
|
China | CN¥3.78 Billion |
|
SRG Global Ltd
AU:SRG
|
Australia | AU$1.03 Billion |
|
Shanghai Tunnel Engineering Co Ltd
SHG:600820
|
China | CN¥184.69 Billion |
|
Suzhou Gold Mantis Construction Decoration Co Ltd
SHE:002081
|
China | CN¥31.50 Billion |
|
Matrix Design Co. Ltd. A
SHE:301365
|
China | CN¥2.12 Billion |
Ming Shing Group Holdings Ltd - 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 | 0.72 | 1.09 | 1.31 |
| Quick Ratio | 0.72 | 1.09 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.57 Million | $734.27K | $1.23 Million |
Ming Shing Group Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Ming Shing Group Holdings Ltd'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 | 16.35 |
| Latest Market Cap to Assets Ratio | 1.63 |
| Asset Growth Rate (YoY) | -56.2% |
| Total Assets | $5.87 Million |
| Market Capitalization | $9.56 Million USD |
Valuation Analysis
Above Book Valuation: The market values Ming Shing Group Holdings Ltd's assets above their book value (1.63x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Ming Shing Group Holdings Ltd's assets decreased by 56.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ming Shing Group Holdings Ltd (2021–2026)
The table below shows the annual total assets of Ming Shing Group Holdings Ltd from 2021 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | $5.87 Million | -56.24% |
| 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 Ltd
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.