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Ming Shing Group Holdings Limited ( (MSW) ) has provided an update.
On December 30, 2025, Ming Shing Group Holdings Limited’s audit committee accepted the resignation of SRCO Professional Corporation as the company’s independent registered public accounting firm, ending an engagement that began on April 11, 2025. SRCO’s audit report on the company’s financial statements for the year ended March 31, 2025 contained no adverse or qualified opinions, and the company reported no disagreements or reportable events with the auditor through December 30, 2025, with SRCO subsequently confirming its agreement with these disclosures in a letter to the U.S. Securities and Exchange Commission. The audit committee has started the process of evaluating and appointing a new independent registered public accounting firm, a transition that signals a change in Ming Shing’s external audit relationship but, based on the absence of disputes or negative findings, does not appear to stem from accounting or disclosure concerns, limiting immediate implications for investors’ confidence in the company’s financial reporting.
The most recent analyst rating on (MSW) stock is a Hold with a $0.86 price target. To see the full list of analyst forecasts on Ming Shing Group Holdings Limited stock, see the MSW Stock Forecast page.
Spark’s Take on MSW Stock
According to Spark, TipRanks’ AI Analyst, MSW is a Neutral.
The score is weighed down primarily by poor financial performance (negative profitability, very high leverage, and negative operating/free cash flow). Technicals also remain bearish with the price far below key moving averages and a negative MACD, while valuation is not supportive due to losses (negative P/E) and no dividend yield data.
To see Spark’s full report on MSW stock, click here.
More about Ming Shing Group Holdings Limited
Ming Shing Group Holdings Limited is a foreign private issuer listed in the United States and headquartered in Kowloon, Hong Kong. While this filing does not detail its operating business, the company is subject to U.S. securities regulation and files annual reports on Form 20-F, underscoring its engagement with international capital markets and compliance with U.S. reporting standards.
Average Trading Volume: 54,869
Technical Sentiment Signal: Strong Sell
Current Market Cap: $12.96M
For an in-depth examination of MSW stock, go to TipRanks’ Overview page.