Ming Shing Group Holdings Limited Ordinary Shares (PMA) — Working Capital to Net Assets Ratio
Ming Shing Group Holdings Limited Ordinary Shares (PMA) has a Working Capital to Net Assets ratio of 36.7% as of March 2026. Working capital of $-1.75 Million (current assets of $4.24 Million minus current liabilities of $5.99 Million) is measured against net assets of $-4.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ming Shing Group Holdings Limited Ordinary Shares Working Capital to Net Assets (2021–2026)
This chart shows how Ming Shing Group Holdings Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2021 to 2026. As of March 2026, the ratio stands at 36.7%, reflecting working capital of $-1.75 Million against net assets of $-4.78 Million USD. See Ming Shing Group Holdings Limited Ordina (PMA) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ming Shing Group Holdings Limited Ordinary Shares (2021–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ming Shing Group Holdings Limited Ordinary Shares from 2021 to 2026, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Ming Shing Group Holdings Limited Ordina asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 36.7% | $-1.75 Million | $-4.78 Million | $4.24 Million | $5.99 Million | ▼ -38.0 pp |
| 2025 | 74.6% | $734.36K | $983.98K | $10.26 Million | $9.53 Million | ▼ -35.8 pp |
| 2024 | 110.4% | $1.10 Million | $998.26K | $8.84 Million | $7.74 Million | ▼ -81.2 pp |
| 2023 | 191.6% | $733.76K | $382.89K | $6.92 Million | $6.18 Million | ▼ -575.3 pp |
| 2022 | 766.9% | $1.23 Million | $159.76K | $5.18 Million | $3.96 Million | ▲ +553.0 pp |
| 2021 | 213.9% | $980.44K | $458.31K | $2.06 Million | $1.08 Million | — |