Man Shing Global Holdings Ltd

Chart & Performance

D1W1MN

P/E

2.50

P/S

0.04

EPS

0.03

Div Yield, %

0.00%

Shrs. gr., 5y

—

Rev. gr., 5y

24.53%

Revenues

1.02b

+2.78%

Net income

16m

-43.03%

CFO

58m

-19.31%

Dividend

Sep 30, 20210.015 HKD/sh

Profile

Man Shing Global Holdings Limited, an investment holding company, provides environmental cleaning and property management services in Hong Kong. The company offers street cleaning solutions; building cleaning services; and bus and ferry cleaning services. It also provides other cleaning services comprising refuse collection and waste disposal services, and sewage management, pest control and fumigation services, as well as external wall and window, and confined space cleaning services. The company serves government and private sector customers. Man Shing Global Holdings Limited was founded in 1987 and is headquartered in Kwai Chung, Hong Kong.

URL

http://www.manshing.com.hk/

IPO date

Apr 13, 2017

Employees

6,667

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03	2015‑03
Income
Revenues	1,024,714 2.78%	997,030 50.16%	663,958 14.37%
Cost of revenue	1,002,297	963,780	654,192
Unusual Expense (Income)
NOPBT	22,417	33,250	9,766
NOPBT Margin	2.19%	3.33%	1.47%
Operating Taxes	1,296	4,078	6,002
Tax Rate	5.78%	12.26%	61.46%
NOPAT	21,121	29,172	3,764
Net income	16,101 -43.03%	28,264 1,154.51%	2,253 -92.13%
Dividends			(9,000)
Dividend yield			16.67%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	30,532	47,500	94,824
Long-term debt	28,978	57,636	61,822
Deferred revenue		45,539
Other long-term liabilities	28,507	(123,024)	15,435
Net debt	(15,445)	(36,130)	85,215
Cash flow
Cash from operating activities	57,540	71,313	(3,348)
CAPEX	(6,067)	(15,191)	(2,715)
Cash from investing activities	(25,114)	(9,422)	(31,806)
Cash from financing activities	(30,215)	(63,134)	38,192
FCF	55,971	22,486	(19,362)
Balance
Cash	73,192	72,340	73,583
Long term investments	1,763	68,926	(2,152)
Excess cash	23,719	91,414	38,233
Stockholders' equity	105,570	335,517	155,947
Invested Capital	182,306	138,798	185,058
ROIC	13.16%	18.02%	2.65%
ROCE	10.85%	14.33%	4.33%
EV
Common stock shares outstanding	600,000	600,000	600,000
Price		0.08 -8.89%	0.09 38.46%
Market cap		49,200 -8.89%	54,000 38.46%
EV		259,026	233,865
EBITDA	33,229	49,513	19,706
EV/EBITDA		5.23	11.87
Interest	7,435	5,687	2,700
Interest/NOPBT	33.17%	17.10%	27.65%