Hing Ming Holdings Ltd

Hing Ming Holdings Ltd

HHKEX:8425
0.14
HKD
+0.00
(+1.47%)
0.00EPS
267.39P/E
64.30MMarket Cap

Total Valuation

HKD

As of September 30, 2023, Hing Ming Holdings Ltd carries a market capitalization of 64.30M, placing it among publicly traded companies globally. Its enterprise value stands at 60.44M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap64.30M
Enterprise Value60.44M

Share Statistics

As of September 30, 2023, Hing Ming Holdings Ltd has 376.00M shares outstanding.

Shares Outstanding376.00M

Valuation Ratios

As of September 30, 2023, Hing Ming Holdings Ltd trades at a trailing price-to-earnings ratio of 267.39. The price-to-sales ratio is 0.63, and the price-to-book ratio stands at 0.53.

PE Ratio267.39
PS Ratio0.63
PB Ratio0.53
P/TBV Ratio0.53

Enterprise Valuation

As of September 30, 2023, Hing Ming Holdings Ltd trades at an EV/EBITDA multiple of 13.62 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.59 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 13.62 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 60.44M versus a market cap of 64.30M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.59
EV / EBITDA13.62
EV / EBIT13.62

Financial Position

As of September 30, 2023, Hing Ming Holdings Ltd maintains a current ratio of 1.88, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 11.13, indicating elevated leverage, while an interest coverage ratio of 3.46 demonstrates adequate ability to service its debt obligations.

Current Ratio1.88
Quick Ratio0.74
Debt / Equity11.13
Debt / EBITDA3.04
Interest Coverage3.46

Financial Efficiency

HKD

Over the twelve months ended September 30, 2023, Hing Ming Holdings Ltd posted a return on equity (ROE) of 0.19, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 0.29 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.14, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 0.25, useful for judging operating efficiency across full business cycles. The company generates approximately 2.74M in revenue per employee across its workforce of 37.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)0.19
Return on Assets (ROA)0.14
Return on Invested Capital (ROIC)0.29
Return on Capital Employed (ROCE)0.25
Revenue Per Employee2.74M
Employee Count37.50

Taxes

HKD

Over the twelve months ended September 30, 2023, Hing Ming Holdings Ltd recorded 2.34M in income tax expense. That works out to an effective tax rate of 90.66, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 2.58M, leaving 241,000.00 in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax2.34M
Effective Tax Rate90.66

Stock Price Statistics

HKD

As of the close on October 22, 2026, Hing Ming Holdings Ltd's stock has gained approximately 97.14% over the past 52 weeks. The 50-day moving average sits at 0.10, while the 200-day moving average is 0.07.

52-Week Price Change97.14%
50-Day Moving Average0.10
200-Day Moving Average0.07

Income Statement

HKD

Over the twelve months ended September 30, 2023, Hing Ming Holdings Ltd generated 102.84M in revenue and converted that into 241,000.00 in net income, yielding earnings per share of 0.00. EBITDA reached 4.44M, while operating income came in at 4.44M.

Revenue102.84M
Gross Profit31.00M
Operating Income4.44M
Pretax Income2.58M
Net Income241,000.00
EBITDA4.44M
EBIT4.44M

Balance Sheet

HKD

As of September 30, 2023, Hing Ming Holdings Ltd holds 17.35M in cash and equivalents against 13.49M in total debt, resulting in a net debt position of -9.32M. Total book value stands at 121.20M, with working capital of 20.70M providing operational flexibility.

Cash & Cash Equivalents17.35M
Total Debt13.49M
Net Debt-9.32M
Equity (Book Value)121.20M
Book Value Per Share0.32
Working Capital20.70M

Margins

Over the twelve months ended September 30, 2023, Hing Ming Holdings Ltd posted a gross margin of 30.14, reflecting its pricing power and cost economics. The operating margin of 4.31 and net profit margin of 0.23 provide insight into operational efficiency.

Gross Margin30.14
Operating Margin4.31
Pretax Margin2.51
Profit Margin0.23
EBITDA Margin4.31

Scores

As of September 30, 2023, Hing Ming Holdings Ltd has an Altman Z-Score of 2.06, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.06