Man Shing Global Holdings (HKSE:08309) Current Ratio: 2.25 (As of Mar. 2026) — 18% Above Median

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What is Man Shing Global Holdings Current Ratio?

Man Shing Global Holdings HKSE:08309 Current Ratio is 2.25 as of Mar. 2026, which is 18% above its 10-year median of 1.90. The stock has 5 warning signs investors should review. Among 244 Waste Management companies, Man Shing Global Holdings ranks better than 68.03% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Man Shing Global Holdings's current ratio for the quarter that ended in Mar. 2026 was 2.25.

Man Shing Global Holdings has a current ratio of 2.25. It generally indicates good short-term financial strength.

The historical rank and industry rank for Man Shing Global Holdings's Current Ratio or its related term are showing as below:

HKSE:08309' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.9   Max: 2.29
Current: 2.25

During the past 12 years, Man Shing Global Holdings's highest Current Ratio was 2.29. The lowest was 1.28. And the median was 1.90.

HKSE:08309's Current Ratio is ranked better than
68.03% of 244 companies
in the Waste Management industry
Industry Median: 1.515 vs HKSE:08309: 2.25

Man Shing Global Holdings  (HKSE:08309) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Man Shing Global Holdings Current Ratio Related Terms


Man Shing Global Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Man Shing Global Holdings's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Man Shing Global Holdings Current Ratio Chart

Man Shing Global Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.83 1.60 2.09 2.25

Man Shing Global Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 1.73 2.09 2.79 2.25

HKSE:08309 vs WM, RSG, WCN: Current Ratio Comparison

For the Waste Management subindustry, Man Shing Global Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Man Shing Global Holdings Current Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Man Shing Global Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Man Shing Global Holdings's Current Ratio falls into.



Man Shing Global Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Man Shing Global Holdings's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=145.13/64.525
=2.25

Man Shing Global Holdings's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=145.13/64.525
=2.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.25 mean?
Man Shing Global Holdings (HKSE:08309) has a Current Ratio of 2.25 as of Mar. 2026. This is 18% above median its historical median of 1.90. Over the past decade, Man Shing Global Holdings' Current Ratio has ranged from 1.28 to 2.29. According to the industry distribution chart, Man Shing Global Holdings ranks #78 out of 244 companies in the Waste Management industry, placing it in the top 32%.
Is Man Shing Global Holdings' Current Ratio too high?
Man Shing Global Holdings' current Current Ratio of 2.25 is 18% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 2.29. The Waste Management industry median Current Ratio is 1.52. Man Shing Global Holdings' value of 2.25 is 48.5% above this industry median. Based on the distribution chart, Man Shing Global Holdings ranks #78 out of 244 companies in the Waste Management industry, which is above the industry midpoint.
How does Man Shing Global Holdings' Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Man Shing Global Holdings ranks #78 out of 244 companies for Current Ratio. This puts Man Shing Global Holdings in the upper half of its industry. The industry median Current Ratio is 1.52. Man Shing Global Holdings' value of 2.25 is 48.5% above this benchmark. Historically, Man Shing Global Holdings' own Current Ratio has ranged from 1.28 to 2.29 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.52, Man Shing Global Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Waste Management company?
The median Current Ratio among Waste Management companies is 1.52, based on 244 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Man Shing Global Holdings's current Current Ratio of 2.25 is 48.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shing Global Holdings's current Current Ratio is 2.25, which is 18% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shing Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Shing Global Holdings (HKSE:08309) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.08 — trading 166.7% above its estimated fair value. The current Current Ratio is 2.25, which is 18% above median its 10-year median of 1.90 and 48.5% above the Waste Management industry median of 1.52. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Man Shing Global Holdings (HKSE:08309), the current Current Ratio is 2.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Man Shing Global Holdings Business Description

Address 18 Kin Hong Street, Unit 10, 11th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
Man Shing Global Holdings Ltd is an investment holding company, engaged in providing environmental cleaning solutions in Hong Kong. The company's offerings include cleaning services, street cleaning solutions, building cleaning solutions, bus and ferry cleaning solutions, waste transportation services, pest control services, and sewage treatment services. The company derives revenue from Hong Kong and operates in two segments, namely the environmental cleaning services segment, which derives the majority of revenue and engages in the provision of street cleanings, building cleaning, bus and ferry cleaning, and other cleaning services, and property management segment comprises the provision of property management services.