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Ping An Biomedical Co., Ltd. (PASW)

Consumer Cyclical | Textile Manufacturing | Cheung Sha Wan, Hong Kong | NasdaqCM
0.15 USD 0.00 (-1.212%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:58 a.m. EDT

The investment case here is fundamentally broken. The company is hemorrhaging cash with negative operating and free cash flows, while revenue has collapsed by 62%. The balance sheet is precarious, sitting at a debt-to-equity ratio of 23x with negative returns on both assets and equity. While the stock trades at a fraction of book value, this deep discount reflects the reality of a failing business rather than a margin of safety. There is no dividend to provide income, and the recent price action shows a slow bleed lower, trading well below its 200-day average. With no multi-year price history to suggest a turnaround and no earnings to support a recovery, this is a clear avoidance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.053624
AutoETS0.056157
AutoARIMA0.056835
MSTL0.057967

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 0.67
Ljung-Box p 0.000
Jarque-Bera p 0.213
Excess Kurtosis -0.29
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 23.137
Revenue per Share 1.848
Market Cap 19,292,794
Profit Margins -37.57%
Previous Name Majestic Ideal Holdings Limited
Website https://newbrandcashmere.com

Info Dump

Attribute Value
52 Week Change -0.9524242
Address1 China United Plaza
Address2 22nd Floor 1002-1008, Tai Nan West Street
All Time High 5.4
All Time Low 0.121
Ask 0.1509
Ask Size 1
Average Daily Volume10 Day 108,450
Average Daily Volume3 Month 315,668
Average Volume 315,668
Average Volume10Days 108,450
Bid 0.18
Bid Size 1
Book Value 0.32505578
City Cheung Sha Wan
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 0.1549
Current Ratio 2.76
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.1675
Day Low 0.1528
Debt To Equity 23.137
Display Name Ping An Biomedical
Ebitda -14,695,886
Ebitda Margins -0.43036
Enterprise To Ebitda -0.891
Enterprise To Revenue 0.384
Enterprise Value 13,097,892
Eps Trailing Twelve Months -0.1
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.16196
Fifty Day Average Change -0.0070600063
Fifty Day Average Change Percent -0.04359105
Fifty Two Week Change Percent -95.242424
Fifty Two Week High 5.4
Fifty Two Week High Change -5.2451
Fifty Two Week High Change Percent -0.9713148
Fifty Two Week Low 0.121
Fifty Two Week Low Change 0.0339
Fifty Two Week Low Change Percent 0.28016528
Fifty Two Week Range 0.121 - 5.4
Financial Currency CNY
First Trade Date Milliseconds 1,752,845,400,000
Float Shares 19,216,022
Free Cashflow -59,241,688
Full Exchange Name NasdaqCM
Full Time Employees 7
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.02781
Gross Profits 949,505
Has Pre Post Market Data 1
Held Percent Insiders 0.55445
Held Percent Institutions 0.00995
Implied Shares Outstanding 124,550,000
Industry Textile Manufacturing
Industry Disp Textile Manufacturing
Industry Key textile-manufacturing
Language en-US
Last Fiscal Year End 1,759,190,400
Long Business Summary Ping An Biomedical Co., Ltd., through its subsidiaries, provides supply chain management services in the apparel industry in China, Hong Kong, Cambodia, and Europe. The company offers market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. It also engages in the manufacturing and trading of yarns, textiles, and finished garments; real estate property investment; and warehousing services. The company serves brand owners, textile manufacturers, apparel sourcing agents, and online fashion and garment retailers. It was formerly known as Majestic Ideal Holdings Ltd. and changed its name to Ping An Biomedical Co., Ltd. in September 2025. The company was founded in 2013 and is based in Cheung Sha Wan, Hong Kong. Ping An Biomedical Co., Ltd. operates as a subsidiary of Action Holdings Limited.
Long Name Ping An Biomedical Co., Ltd.
Market us_market
Market Cap 19,292,794
Market State PRE
Max Age 86,400
Message Board Id finmb_1765408379
Most Recent Quarter 1,759,190,400
Name Change Date 2,026-07-13
Net Income To Common -12,829,206
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 19,529,440
Open 0.1675
Operating Cashflow -6,427,762
Operating Margins -0.69636
Payout Ratio 0.0
Phone 852 3915 2600
Prev Name Majestic Ideal Holdings Limited
Previous Close 0.1568
Price Hint 4
Price To Book 0.4765336
Price To Sales Trailing12 Months 0.5649769
Profit Margins -0.37569
Quick Ratio 0.798
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0019
Regular Market Change Percent -1.21174
Regular Market Day High 0.1675
Regular Market Day Low 0.1528
Regular Market Day Range 0.1528 - 0.1675
Regular Market Open 0.1675
Regular Market Previous Close 0.1568
Regular Market Price 0.1549
Regular Market Time 1,783,972,800
Regular Market Volume 42,257
Return On Assets -0.1467
Return On Equity -0.67427003
Revenue Growth -0.62
Revenue Per Share 1.848
Sand P52 Week Change 0.20847368
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 124,550,000
Shares Percent Shares Out 0.0008
Shares Short 105,427
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 40,856
Short Name Ping An Biomedical Co., Ltd.
Short Percent Of Float 0.001
Short Ratio 0.2
Source Interval 15
Symbol PASW
Total Cash 1,172,480
Total Cash Per Share 0.048
Total Debt 10,467,577
Total Revenue 34,147,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.1
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.36828
Two Hundred Day Average Change -0.21338
Two Hundred Day Average Change Percent -0.5793961
Type Disp Equity
Volume 42,257
Website https://newbrandcashmere.com