Ming Shing Group Holdings Limited PMA

1.33 0.06 4.72% as of 25 Sep
Market cap
$16.5M
P/E
—

Insider Decisions

Total sells 1.05
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — 1 3
Insider Ownership —

Capital & Financial Ratios

Market Cap 16.48
Revenue —
Net Income (14.11)
Free Cash Flow (7.12)
Net Debt 5.43
Current Ratio 0.71
Debt/Equity (1.48)
P/E ratio —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

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
in millions of $

Compound Annual Growth

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

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 15
’25 — — — — 34
’24 — — — — 28
’23 — — — — 22
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 1 — 1 — 1
’25 (8) — 1 — (8)
’24 2 — — — 2
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 1 — 1 — 1
’25 (8) — 1 — (8)
’24 1 — — — 1
in millions of $ · fiscal quarters ending in the months shown

EPS

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

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
— — — — — — — 3.70 0.86 0.60

Analyst estimates 2027–2029

Powerpack
Low Price
— — — — — — — 8.13 10.58 2.18
High Price
— — — — — — — 32 35 15
Employees
— — — — — 0 0 1 1 1
Revenue/Emp
— — — — — 22 22 28 34 15
Revenue
— — — — — 15.98% 15.98% 18.47% (3.86%) (18.39%)
Gross Margin
— — — — — 3 (2) 3 (6) (6)
EBT
— — — — — 14.89% 0.00% 10.79% (17.17%) (39.31%)
EBT Margin
— — — — — 0 0 2 (6) (6)
Net Income
— — — — — — 0 0 0 0
Depreciation
— — — — — 0.00 1.94 2.45 2.86 1.13
Revenue/Sh
— — — — — — 0.25 0.21 (0.48) (0.44)
Earnings/Sh
— — — — — — 0.07 0.22 (0.67) 0.06
Cash Flow/Sh
— — — — — — 0.00 (0.10) 0.00 0.00
Capex/Sh
— — — — — — 0.07 0.12 (0.67) 0.06
Free CF/Sh
— — — — — 0.00 0.03 0.09 0.08 (0.37)
Book Value/Sh
— — — — — — 11 11 12 13
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — 0.00 0.00 0.00 0.00 0.00
PB Ratio
— — — — — 0.00 0.00 0.00 0.00 0.00
EV/Sales
— — — — — 0.00 0.00 0.00 (1.78) (0.76)
EV/FCF
— — — — — — 1 2 (8) 1
Op' Cash Flow
— — — — — — 0 (1) 0 —
Capex
— — — — — — 1 1 (8) 1
FCF
— — — — — 1 2 1 1 (2)
Working Cap'
— — — — — 1 6 7 8 7
Total Debt
— — — — — 1 5 6 7 5
Net Debt
— — — — — 0 0 1 1 (5)
Sh' Equity
— — — — — 0.00% 46.88% 34.39% (45.28%) (59.73%)
ROA
— — — — — 105.90% 0.00% 29.47% (39.80%) (526.78%)
ROIC
— — — — — 0.00% 0.00% 336.90% (578.20%) 303.69%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026

Ming Shing Group Holdings Limited (PMA) key facts

  • Ming Shing Group Holdings Limited (PMA) is an Engineering & Construction company in the Industrials sector, listed on Nasdaq.
  • Ming Shing Group Holdings Limited’s revenue for fiscal 2026 (year ended March 2026) was $14.6 million, down 56.8% from fiscal 2025.
  • Ming Shing Group Holdings Limited reported a net loss of $5.8 million, or a loss of $0.44 per share, for fiscal 2026.
  • As of September 25, 2026, PMA traded at $1.33, a market capitalization of $16.5 million.
  • Return on equity was 303.7% and debt-to-equity -1.48.

Source: company filings (standardised) and stockrow calculations.

Ming Shing Group Holdings Limited (PMA) Latest News

News by impact score

Fine-tune

16 Sep

3

Ming Shing Group Holdings Limited (PMA) announced leadership changes and appointed Mr. Lei Liu as Chief Executive Officer of PMA Graphene Technology Group Inc. New CEO appointment can moderately affect strategic decisions and operational priorities.

2 Sep

4

Ming Shing Group Holdings Limited closed the acquisition of Meals Through Seasons Limited and issued consideration shares plus unsecured convertible promissory notes as payment. Acquisition expands Ming Shing Group Holdings Limited operations and alters capital structure via share and note issuance.

18 Aug

4

Ming Shing Group Holdings Limited received a Nasdaq notice for failing to meet the minimum stockholders’ equity requirement. Nasdaq equity shortfall notice risks delisting and damages investor sentiment.

12 Aug

4

Ming Shing Group Holdings Limited enters into a stock purchase agreement. Stock purchase agreement marks a major strategic transaction likely to alter ownership structure and company trajectory.

9 Jun

4

Ming Shing Group Holdings Limited closed the acquisition of PMA Nano Carbon Tech Limited and issued unsecured convertible promissory notes. Acquisition expands Ming Shing operations into nano carbon technology.

26 May

4

Ming Shing Group Holdings Limited enters into Stock Purchase Agreement, Note Purchase Agreement and Convertible Promissory Notes. Agreements covering stock purchases and convertible notes can materially change capital structure and funding trajectory.

20 Mar

4

Ming Shing Group Holdings Limited announced unaudited financial results for the six months ended September 30, 2025. Half-year financial results directly influence investor sentiment, stock valuation, and future performance expectations for MSW.

2 Mar

3

Ming Shing Group Holdings Limited (MSW) announced the departure of its Chief Financial Officer and Chief Accounting Officer, alongside the appointment of a new Chief Financial Officer. Departure of key financial executives alongside a replacement signals potential short-term disruptions in financial oversight and investor confidence.

24 Sep

3

Ming Shing Group Holdings Limited has announced the addition of a new member to its Board of Directors, aiming to enhance its governance and strategic direction. The new appointee brings extensive experience in the industry, which is expected to contribute positively to the company's future initiatives and overall performance. The addition to the Board is likely to influence the company's strategic direction and governance, but the overall impact on performance is expected to be limited.

21 Mar

4

Ming Shing Group Holdings Limited (MSW) reported a 31.8% increase in revenue to US$17,408,116 for the six months ended September 30, 2024, despite a 2.7% decrease in net income to US$984,549. The rise in revenue was attributed to more projects awarded, while gross profit increased by 23.7%. However, gross profit margin fell to 13.8% due to higher direct costs. The company also announced its listing on the Nasdaq Capital Market on November 22, 2024, under the ticker 'MSW', marking a significant milestone. CEO Chi Ming Lam expressed confidence in the company's growth potential in the wet trades market in Hong Kong. The Nasdaq listing and significant revenue growth indicate a strategic shift that could enhance market positioning and investor sentiment.

17 Dec

3

Ming Shing Group Holdings Limited appoints Wenjin Li as the fifth director to its Board of Directors. The addition of Wenjin Li with 20 years of experience in business administration and sales and marketing is expected to moderately influence Ming Shing's future business development.

25 Nov

4

Ming Shing Group Holdings Limited closed an $8,250,000 Initial Public Offering. The significant impact of the IPO on future market performance and strategic moves.

22 Nov

4

Ming Shing Group Holdings Limited prices $8,250,000 initial public offering. The significant impact is likely due to the major strategic move of the IPO pricing.

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