Ming Shing Group Holdings (Ming Shing Group Holdings) 1-Year ROIIC % : 0.00% (As of Sep. 2023)

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What is Ming Shing Group Holdings 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Ming Shing Group Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2023 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Ming Shing Group Holdings's 1-Year ROIIC % or its related term are showing as below:

MSW's 1-Year ROIIC % is not ranked ^*
in the Construction industry.
Industry Median: 4.64
* Ranked among companies with meaningful 1-Year ROIIC % only.

Ming Shing Group Holdings 1-Year ROIIC % Historical Data

The historical data trend for Ming Shing Group Holdings's 1-Year ROIIC % 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 1-Year ROIIC % Chart

Ming Shing Group Holdings Annual Data

Trend

Mar21

Mar22

Mar23

1-Year ROIIC %

Ming Shing Group Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
1-Year ROIIC %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Ming Shing Group Holdings's 1-Year ROIIC %

For the Engineering & Construction subindustry, Ming Shing Group Holdings's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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 1-Year ROIIC % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ming Shing Group Holdings's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Ming Shing Group Holdings's 1-Year ROIIC % falls into.

Ming Shing Group Holdings 1-Year ROIIC % Calculation

Ming Shing Group Holdings's 1-Year ROIIC % for the quarter that ended in Sep. 2023 is calculated as:

1-Year ROIIC %	=	1-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	1-Year Incremental Invested Capital
	=	( 1.8938 (Sep. 2023) - 2.7504 (Sep. 2022) )	/	( 5.611 (Sep. 2023) - 4.278 (Sep. 2022) )
	=	-0.8566	/	1.333
	=	-64.26%^***

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Ming Shing Group Holdings (NAS:MSW) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

Ming Shing Group Holdings 1-Year ROIIC % Related Terms

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Ming Shing Group Holdings (Ming Shing Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ming Shing Group Holdings Ltd (NAS:MSW) » Definitions » 1-Year ROIIC %

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.

Ming Shing Group Holdings (Ming Shing Group Holdings) Headlines

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