Ming Shing Group Holdings Limited

PMA Industrials Engineering & Construction

Ming Shing Group Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $14.6 million, down 56.8% from fiscal 2025.

1.23 0.07 −5.38%
Market cap
$16.0M
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
2/9
Altman Z
−3.09
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.27
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — 1 4 — —
Insider Ownership —

Capital & Financial Ratios $m

Size
Market Cap 15.96
Revenue ttm —
Net income ttm (14.11)
Free cash flow ttm (7.12)
Net debt Q 5.43
Valuation
P/E —
Forward P/E —
Price / sales —
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.71 (below 1: weak)
Debt / equity Q (1.48) (negative: negative equity)
Interest coverage Q —
Growth
Revenue growth Q —
Operating income growth Q —
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 0 1 0 2
Receivables 3 2 4 1
Inventory — — — —
Other 3 6 6 2
7 9 10 4
2023 2024 2025 2026
Payables 2 3 4 1
ST’ Debt 4 4 5 2
Other — — — —
6 8 10 6

Compound Annual Growth %

10y 5y 3y
Sales — — (12.54%)
Cash Flow — — (0.51%)
Earnings — 0.00% 0.00%
Book Value — — 0.00%

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — (0.44)
’25 — — — — (0.48)
’24 — — — — 0.21
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 15
’25 — — — — 34
’24 — — — — 28
’23 — — — — 22
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 1
’25 — — — — (8)
’24 — — — — 2
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 1 — 1 — 1
’25 (8) — 1 — (8)
’24 1 — — — 1
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — — — — 22 22 28 34 15 (9.6%) — — — —
Gross margin, % — — — — — 15.98 15.98 18.47 (3.86) (18.39) (34.4) pt
EBT — — — — — 3 (2) 3 (6) (6) n/m
EBT margin, % — — — — — 14.89 0.00 10.79 (17.17) (39.31) (54.2) pt
Net income — — — — — 0 0 2 (6) (6) n/m
Per share, $
Per share, $ Revenue — — — — — 0.00 1.94 2.45 2.86 1.13 n/m
Earnings — — — — — — 0.25 0.21 (0.48) (0.44) n/m
Cash flow — — — — — — 0.07 0.22 (0.67) 0.06 (5.1%)
Capex — — — — — — 0.00 (0.10) 0.00 0.00 n/m
Free cash flow — — — — — — 0.07 0.12 (0.67) 0.06 (4.5%)
Book value — — — — — 0.00 0.03 0.09 0.08 (0.37) n/m
Shares, m — — — — — — 11 11 12 13 +4.9%
Valuation, ×
Valuation, × P/E — — — — — — — — — — —
P/S — — — — — — — — — — —
P/B — — — — — 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales — — — — — 0.00 0.00 0.00 0.00 0.00 0.0
EV/FCF — — — — — 0.00 0.00 0.00 (1.78) (0.76) (0.5)
Cash, $m
Cash, $m Operating cash flow — — — — — — 1 2 (8) 1 (0.5%)
Capex — — — — — — 0 (1) 0 — n/m
Free cash flow — — — — — — 1 1 (8) 1 +0.1%
Balance, $m
Balance, $m Working capital — — — — — 1 2 1 1 (2) n/m
Net debt — — — — — 1 5 6 7 5 +46.6%
Shareholders’ equity — — — — — 0 0 1 1 (5) n/m
Returns, %
Returns, % ROA — — — — — 0.00 46.88 34.39 (45.28) (59.73) (59.7) pt
ROIC — — — — — 105.90 0.00 29.47 (39.80) (526.78) (632.7) pt
ROE — — — — — 0.00 0.00 336.90 (578.20) 303.69 +303.7 pt
People
People Employees — — — — — — — 32 35 15 (31.5%)
Revenue/emp, $m — — — — — 0.00 0.00 0.86 0.97 0.98 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026

Ming Shing Group Holdings Limited vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SLND Southland Holdings, Inc. $37.3M — (loss-making) — (loss-making) −47.39% (below 0%: shrinking) n/m −432.89% (below 0%: shrinking) (62.87%) (77.61%) Compare
KAZR Skyline Builders Group Holding Limited $22.6M — — — — +53.58% (above 0%: growing) — — Compare
ONEG OneConstruction Group Limited $20.3M — — — — — — — Compare
PMA Ming Shing Group Holdings Limited $16.0M — — — — −40.23% (below 0%: shrinking) — —
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ZDAI DirectBooking Technology Co., Ltd. $11.6M — — — — −262.93% (below 0%: shrinking) — — Compare
AXNX Axonex AI Group Limited $7.0M — — — — — — — Compare
OFAL OFA Group $6.2M — — — n/m −421.52% (below 0%: shrinking) 73.15% (12,779.87%) Compare
RITRF Reitar Logtech Holdings Limited $4.8M — — — — −303.59% (below 0%: shrinking) — — Compare
Median of peers $13.5M — — — — −283.26% — —

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Ming Shing Group Holdings Limited (PMA) Latest News

stockrow.com/PMA · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com