Ming Shing Group Holdings Ltd (MSW) Financial Ratio Screen

NASDAQ Industrials Hong Kong USD 12M
INSUFFICIENT / NOT IMPLEMENTED*
Automated financial screen · activity assessed separately
Ming Shing Group Holdings Ltd (MSW) needs additional financial data before the automated screen can be completed. One or more financial fields are missing; this is not a negative screening result.

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MSCI new-inclusion financial-ratio snapshot

MSW financial screening at a glance

INSUFFICIENT / NOT IMPLEMENTED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
57.7%
Fail vs 30%
Cash ratio
1.9%
Pass vs 30%
Receivables + cash
73.0%
Fail vs 30%
Impermissible income
N/A
Not available vs 5%

Calculation date: 2026-08-31. Financial period used: March 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleMore financial data neededNo negative conclusion follows from missing data
FTSE/Yasaar-styleMore financial data neededNo negative conclusion follows from missing data
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodMarch 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Engineering & Construction) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Ming Shing Group Holdings Limited, through its subsidiaries, engages in wet trades works in Hong Kong. Its works include plastering, tile laying, brick laying, floor screeding, and marble works. The company serves public and private sectors. Ming Shing Group Holdings Limited was incorporated in 2022 and is based in Cheung Sha Wan, Hong Kong.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 57.7%
/ 30%
1.9%
/ 30%
73.0%
/ 30%
N/A INSUFFICIENT / NOT IMPLEMENTED*
FTSE 57.7%
/ 33%
1.9%
/ 33%
73.0%
/ 50%
N/A INSUFFICIENT / NOT IMPLEMENTED*

Financial Highlights

EPS
$-0.84
P/B Ratio
-4.6
EV/EBITDA
-1.8
EV: $19M
Revenue
$34M
Growth: -51.6%
Current Ratio
0.7

Profitability

Gross Margin -26.0%
Operating Margin -44.4%
Net Margin -41.5%
Return on Assets (ROA) -65.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$8M
Free Cash Flow-$8M
Total Debt$8M
Current Ratio0.7
Total Assets$13M

Price & Trading

Last Close$0.92
50-Day MA$1.10
200-Day MA$2.03
Avg Volume164K
52-Week Range
$0.60
$8.11

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period March 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Ming Shing Group Holdings Ltd (MSW)

CEO
Mr. Wenjin Li
Employees
35
Sector
Industrials
Industry
Engineering & Construction
Country
Hong Kong
Exchange
NASDAQ
Market Cap (listing currency)
USD 12M
Currency
USD

Ming Shing Group Holdings Limited, through its subsidiaries, engages in wet trades works in Hong Kong. Its works include plastering, tile laying, brick laying, floor screeding, and marble works. The company serves public and private sectors. Ming Shing Group Holdings Limited was incorporated in 2022 and is based in Cheung Sha Wan, Hong Kong.

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Frequently Asked Questions

Is Ming Shing Group Holdings Ltd (MSW) halal to invest in?

The current automated result is More financial data is needed. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Ming Shing Group Holdings Ltd's debt ratio?

Ming Shing Group Holdings Ltd's debt ratio is 57.7% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Ming Shing Group Holdings Ltd's key financial metrics?

Ming Shing Group Holdings Ltd has a market capitalization of USD 12M in its listing currency, and revenue of $34M. The company maintains a gross margin of -26.0% and a net margin of -41.5%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: March 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.