MSW (Ming Shing Group Holdings) Gross-Profit-to-Asset % : 46.59% (As of Sep. 2023)

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What is Ming Shing Group Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Ming Shing Group Holdings's annualized Gross Profit for the quarter that ended in Sep. 2023 was $3.88 Mil. Ming Shing Group Holdings's average Total Assets over the quarter that ended in Sep. 2023 was $8.33 Mil. Therefore, Ming Shing Group Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 46.59%.

Ming Shing Group Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Ming Shing Group Holdings's Gross-Profit-to-Asset % 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.

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Ming Shing Group Holdings Gross-Profit-to-Asset % Chart

Ming Shing Group Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

46.28

65.57

50.36

Ming Shing Group Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			67.44	64.76	64.43	40.57	46.59

Competitive Comparison of Ming Shing Group Holdings's Gross-Profit-to-Asset %

For the Engineering & Construction subindustry, Ming Shing Group Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Ming Shing Group Holdings's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ming Shing Group Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ming Shing Group Holdings's Gross-Profit-to-Asset % falls into.

Ming Shing Group Holdings Gross-Profit-to-Asset % Calculation

Ming Shing Group Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2023 )	/	( (Total Assets (A: Mar. 2022 )	+	Total Assets (A: Mar. 2023 ))	/ count )
	=	3.495	/	( (5.599	+	8.282)	/ 2 )
	=	3.495	/	6.9405
	=	50.36 %

Ming Shing Group Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	3.88	/	( (8.282	+	8.374)	/ 2 )
	=	3.88	/	8.328
	=	46.59 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Ming Shing Group Holdings Gross-Profit-to-Asset % Related Terms

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Ming Shing Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ming Shing Group Holdings Ltd (NAS:MSW) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Tai Yau Street, 8th Floor, Cheong Tai Factory Building, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ms100.com.hk

Ming Shing Group Holdings Ltd is a holding company, which is primarily operated through its indirectly wholly-owned Hong Kong Operating Subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited. It is engaged in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works and marble works. the company is mainly engaged in private-sector projects in Hong Kong. Its private sector projects mainly involve private residential developments and commercial developments. The project owners of its private sector projects are generally property developers, and its customers are generally main contractors and wet trades work subcontractors engaged under such projects.