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MARKETS / NASDAQ / PMA
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS · SMALL CAP

PMA Graphene Technology Group Inc. PMA

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$14.6M
▼ 56.8% YoY
$-5.8M
In brief

What this company does

As a holding company with no material operations of our own, we conduct our business through our wholly-owned Hong Kong Operating Subsidiaries, MSHKE, MSE and Value Bright HK. We mainly engage in wet trades works, such as plastering works, tile laying works, brick laying works, floor screeding works, and marble works. To a much lesser extent, we also provide small-scale fitting out services, such as renovation works to our customers. In our operating history of approximately ten years, we have focused on providing wet trades works services in the role of subcontractor and built up our expertise and track record in wet trades works.

Written from the business description in Ming Shing Group Holdings Limited's annual report to the U.S. Securities and Exchange Commission, filed 17 August 2026. Every sentence was checked against that document before publication.

Growth
USD 14.6M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 14.6 · Net income -5.8
20M-2M-4M20212022202320242025
Compound annual growth
−12.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−39 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -37.4% · Net -39.4%
5%10%-10%-20%-30%20212022202320242025
ROE
FY2024 · ROE -578.2%
500%1000%-200%-400%20212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF 1.3
0.5M1.0M20212022202320242025

Total assetsUSD 5.9M
EquityUSD -4.8M
CashUSD 1.6M
Gross debtUSD 7.1M
Net debtUSD 5.4M
Current ratio0.71×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.00.0
Operating income $B−0.0−0.00.00.00.0
EBITDA $B−0.0−0.00.00.00.0
Income tax $B0.0−0.00.00.00.0
Net income $B−0.0−0.00.00.00.0
Free cash flow $B··0.00.0·
EPS, diluted $−0.44−0.480.210.250.22
Dividend / sh $·····
Payout %·····
ROE %·−578.2336.91027.31128.9
Shares out B0.010.010.010.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsMarch 31
SEC categoryemerging growth company
Data on record since2021

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