Ming Shing Group Holdings Limited - Ordinary Shares (MSW)
Industrials › Construction - Special Trade Contractors
Price History
Feb 9, 2026 — Jul 6, 2026Investment Snapshot
- P/B of 18.46 — trading above book value
- Piotroski F-Score 1/9 — signs of financial weakness
- Loss-making — negative ROE of -582.4%
- Revenue growing at 23% annually
Ming Shing Group Holdings Limited - Ordinary Shares (MSW) is a Industrials company operating in Construction - Special Trade Contractors, listed on the NASDAQ , with a market capitalisation of $18 million . Key value metrics: P/B ratio 18.46, Piotroski F-Score 1 out of 9 .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 4 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
Ming Shing Group Holdings Limited - Ordinary Shares — Fundamental Analysis Summary
On financial health, MSW shows a weak Piotroski F-Score of 1/9, a signal of deteriorating financial health, and negative return on equity of -582.4% (sector average: 5.4%), and high leverage with a debt-to-equity ratio of 12.59.
StockPik's composite Value Score for MSW is 13/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
MSW reports a thin gross margin of -3.9% (sector average: 18.0%) and a negative operating margin of -15.8%.
MSW shows revenue growing at 23% year-over-year, with earnings declining at 346%.