PMA (Ming Shing Group Holdings) Net Income: $-10.32 Mil (TTM As of Sep. 2025)


PMA Ming Shing Group Holdings Ltd PMA
17 GF Score
Price $1.62
! 5 Warning Signs
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What is Ming Shing Group Holdings Net Income?

Ming Shing Group Holdings PMA +21.80% 17 Net Income is $-10.32 Mil as of Sep. 2025. GuruFocus rates PMA with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Ming Shing Group Holdings's Net Income for the six months ended in Sep. 2025 was $-3.61 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2025 was $-10.32 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ming Shing Group Holdings's Earnings per Share (Diluted) for the six months ended in Sep. 2025 was $-0.28.


Ming Shing Group Holdings  (NAS:PMA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Ming Shing Group Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2025 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Ming Shing Group Holdings Net Income Related Terms


Ming Shing Group Holdings Net Income Historical Data

* Premium members only.

The historical data trend for Ming Shing Group Holdings's Net Income 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.

Ming Shing Group Holdings Net Income Chart

Ming Shing Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Net Income
1.27 1.80 2.79 2.33 -5.73

Ming Shing Group Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.32 0.99 -6.72 -3.61
PMA
17GF Score
Ming Shing Group Holdings Ltd PMA
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ming Shing Group Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Ming Shing Group Holdings's Net Income for the fiscal year that ended in Mar. 2025 is calculated as

Net Income(A: Mar. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.811+0.08+0+0
=-5.73

Ming Shing Group Holdings's Net Income for the quarter that ended in Sep. 2025 is calculated as

Net Income(Q: Sep. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-3.906+0.302+0+-0.00099999999999989
=-3.61

Net Income for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-10.32 Mil.

* 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 Net Income →
What does a Net Income of $-10.32 Mil mean?
Ming Shing Group Holdings (PMA) has a Net Income of $-10.32 Mil as of Sep. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ming Shing Group Holdings and its competitors.
Is Ming Shing Group Holdings' Net Income too high?
Ming Shing Group Holdings' current Net Income is $-10.32 Mil. Overall, Ming Shing Group Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ming Shing Group Holdings' Net Income compare to ONEG and ZDAI?
Ming Shing Group Holdings' Net Income of $-10.32 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Construction company?
A good Net Income depends on the Construction industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ming Shing Group Holdings and its competitors. Ming Shing Group Holdings's current Net Income is $-10.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ming Shing Group Holdings stock overvalued right now?
Ming Shing Group Holdings (PMA) has a current Net Income of $-10.32 Mil. The current Net Income is $-10.32 Mil. Ming Shing Group Holdings' overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Ming Shing Group Holdings (PMA), the current Net Income is $-10.32 Mil as of Sep. 2025. 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.

Ming Shing Group Holdings Business Description

Address No. 888 Lai Chi Kok Road, Office Unit B8, 27th floor, NCB Innovation Centre, Kowloon, Hong Kong, HKG
Ming Shing Group Holdings Ltd is a holding company, which is principally 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. It derives maximum revenue from Private sector.
17GF Score

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Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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