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 59.8% as of September 2025. Working capital of $-1.57 Million (current assets of $4.04 Million minus current liabilities of $5.61 Million) is measured against net assets of $-2.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Ming Shing Group Holdings Limited Ordina total assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ming Shing Group Holdings Limited Ordinary Shares Working Capital to Net Assets (2021–2025)
This chart shows how Ming Shing Group Holdings Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of September 2025, the ratio stands at 59.8%, reflecting working capital of $-1.57 Million against net assets of $-2.62 Million USD. Explore Ming Shing Group Holdings Limited Ordina capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Ming Shing Group Holdings Limited Ordinary Shares (2021–2025)
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 2025, covering 5 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. Read Ming Shing Group Holdings Limited Ordina (PMA) financial obligations for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |