StocktoriaMing Shing Group Holdings Ltd MSW
Nasdaq · XNAS · stock · Construction - Special Trade Contractors
Chart by TradingView
1/9
Piotroski F — financial health
-3.66
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Financials | |||
| Revenue | $33.9M | $27.6M | $21.9M |
| Gross profit | -$1.3M | $5.1M | $3.5M |
| Operating income | -$5.4M | $3.2M | $2.6M |
| Net income | -$5.7M | $2.3M | $2.8M |
| Operating cash flow | -$8.0M | $2.5M | $795,328 |
| Free cash flow | — | $1.3M | $779,944 |
| Total assets | $13.4M | $11.9M | $8.3M |
| Total liabilities | $12.4M | $10.9M | $7.9M |
| Shareholders' equity | $983,979 | $998,262 | $382,890 |
| Ratios | |||
| Gross margin | -3.9% | 18.5% | 16.0% |
| Operating margin | -15.8% | 11.8% | 12.1% |
| Net margin | -16.9% | 8.4% | 12.7% |
| FCF margin | — | 4.8% | 3.6% |
| Return on assets | -42.7% | 19.6% | 33.7% |
| Return on equity | -582.4% | 233.1% | 727.9% |
| Debt / equity | 7.75× | 3.04× | 13.90× |
| Current ratio | 1.08 | 1.14 | 1.12 |
| Revenue growth | 22.8% | 26.1% | — |
Why these scores methodology →
Piotroski F-score: 1/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -3.66 (distress)
- Working capital / assets 0.055
- Retained earnings / assets -0.435
- EBIT / assets -0.399
- Equity / liabilities 0.079
Sector peers
DHI · LEN · PWR · PHM · EME · FLR · all Construction →
Source: SEC EDGAR filings · CIK 0001956166 · as of 2025-03-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.