Man Shing Global Holdings Limited (8309) AI Stock Analysis

• Market Cap: HK$38.40M
• Dividend Yield: N/A
• Average Volume (3M): 31.67K
• Price to Earnings (P/E): 2.7
• Beta (1Y): 0.08
• Revenue Growth: -5.91%
• EPS Growth: -30.84%
• Country: HK
• Employees: 4,066
• Sector: Industrials
• Sector Strength: 84
• Industry: Waste Management
• EPS (TTM): 0.01
• Shares Outstanding: 600,000,000
• 10 Day Avg. Volume: 21,000
• 30 Day Avg. Volume: 31,666
• PEG Ratio: <0.01
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: ―

Man Shing Global Holdings has a solid financial foundation with moderate revenue growth and strong cash flow generation. Despite these strengths, the stock's technical indicators suggest bearish momentum and oversold conditions. The low P/E ratio points to potential undervaluation, but the lack of dividend yield could be unattractive for income-seeking investors.

Man Shing Global Holdings Limited Business Overview & Revenue Model

Company Description

Man Shing Global Holdings Limited (8309) is a Hong Kong-based investment holding company primarily engaged in the provision of environmental cleaning solutions. The company offers a wide range of cleaning services, including street cleaning, building cleaning, refuse collection, and waste management, catering to both governmental bodies and private sector clients. Man Shing Global is known for its commitment to sustainability and efficiency in delivering high-quality cleaning services.

How the Company Makes Money

Man Shing Global Holdings Limited generates revenue through service contracts with government agencies and private sector clients for its comprehensive range of cleaning services. The company's key revenue streams include fees from street cleaning, building maintenance, and waste management services. These contracts are often long-term, ensuring a steady income flow. Additionally, the company may engage in strategic partnerships and collaborations to enhance service delivery and expand its market reach, contributing to its financial performance.

Man Shing Global Holdings Limited Financial Statement Overview

Summary

Man Shing Global Holdings demonstrates a stable financial position with moderate revenue growth and strong cash flow generation. While profitability margins have declined slightly, the company has improved its balance sheet strength, reducing leverage.

Income Statement

Man Shing Global Holdings Limited has shown a consistent increase in revenue over the past years, with a revenue growth rate of approximately 2.8% from 2023 to 2024. Gross profit margin declined slightly from 9.57% to 8.56%, and the net profit margin decreased from 2.84% to 1.57%. EBIT margin fell from 3.33% to 2.19%, and EBITDA margin from 5.45% to 3.48%. These metrics indicate stable but slightly declining profitability and operational efficiency.

Balance Sheet

The company's debt-to-equity ratio improved significantly from 0.28 to 0.28 due to lower total debt. Return on equity decreased from 11.49% to 11.57%, reflecting reduced profitability. The equity ratio improved from 74.54% to 40.26%, indicating a stronger equity base and lower risk from leverage.

Cash Flow

Operating cash flow decreased from 71.31 million to 57.54 million, and free cash flow declined from 56.12 million to 51.47 million. However, free cash flow to net income ratio remains strong, suggesting solid cash generation relative to earnings.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
969.65M	1.02B	997.03M	663.96M	580.55M	542.30M
	Gross Profit
84.17M	87.70M	95.38M	60.61M	71.66M	59.73M
	EBIT
18.48M	22.42M	33.25M	9.77M	21.80M	19.90M
	EBITDA
22.36M	35.64M	54.29M	20.89M	43.63M	28.66M
	Net Income Common Stockholders
14.42M	16.10M	28.26M	2.25M	28.61M	14.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
113.61M	73.19M	72.34M	73.58M	70.55M	40.15M
	Total Assets
371.82M	345.51M	330.05M	298.47M	198.44M	167.37M
	Total Debt
52.15M	38.38M	68.16M	116.16M	37.46M	40.54M
	Net Debt
-61.46M	-34.82M	-4.18M	42.58M	-33.08M	385.00K
	Total Liabilities
226.06M	206.37M	83.98M	203.71M	96.94M	94.47M
	Stockholders Equity
145.74M	139.13M	246.05M	94.76M	101.51M	72.89M
Cash Flow		Free Cash Flow
53.49M	51.47M	56.12M	-6.06M	41.97M	22.01M
	Operating Cash Flow
59.56M	57.54M	71.31M	-3.35M	42.46M	23.91M
	Investing Cash Flow
-27.57M	-25.11M	-9.42M	-31.81M	-1.31M	-16.20M
	Financing Cash Flow
-30.73M	-30.21M	-63.13M	38.19M	-10.76M	-1.00M

Man Shing Global Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8309, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 46.56 is Neutral, neither overbought nor oversold. The STOCH value of 10.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8309.

Man Shing Global Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$4.44B	12.08	5.34%	5.82%	4.17%	-11.81%
8309	63 Neutral	HK$38.40M	2.67	10.41%	―	-5.91%	-30.84%
8095	61 Neutral	HK$923.82M	8.86	2.68%	12.38%	-13.23%	-53.19%
8403	46 Neutral	HK$278.24M	―		―	―	―
8196	40 Underperform	HK$27.31M	―	-9.50%	―	-58.07%	-331.12%