Ming Shing Group Holdings Past Earnings Performance
Past criteria checks 1/6
Ming Shing Group Holdings has been growing earnings at an average annual rate of 9.5%, while the Construction industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 33.5% per year. Ming Shing Group Holdings's return on equity is 233.1%, and it has net margins of 8.4%.
Key information
9.5%
Earnings growth rate
-0.7%
EPS growth rate
| Construction Industry Growth | 20.2% |
| Revenue growth rate | 33.5% |
| Return on equity | 233.1% |
| Net Margin | 8.4% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Ming Shing Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 28 | 2 | 2 | 0 |
| 31 Dec 23 | 26 | 2 | 1 | 0 |
| 30 Sep 23 | 24 | 2 | 1 | 0 |
| 30 Jun 23 | 23 | 2 | 1 | 0 |
| 31 Mar 23 | 22 | 3 | 1 | 0 |
| 31 Dec 22 | 21 | 3 | 1 | 0 |
| 30 Sep 22 | 21 | 3 | 1 | 0 |
| 30 Jun 22 | 18 | 2 | 1 | 0 |
| 31 Mar 22 | 14 | 2 | 1 | 0 |
| 31 Mar 21 | 6 | 1 | 0 | 0 |
Quality Earnings: MSW has high quality earnings.
Growing Profit Margin: MSW's current net profit margins (8.4%) are lower than last year (12.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MSW's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MSW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSW had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the Construction industry average (25.3%).
Return on Equity
High ROE: Whilst MSW's Return on Equity (233.06%) is outstanding, this metric is skewed due to their high level of debt.