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Ping An Biomedical Co., Ltd. (PASW)

Consumer Cyclical | Textile Manufacturing | Cheung Sha Wan, Hong Kong | NasdaqCM
0.17 USD +0.00 (0.181%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 0.17 0.00 (0.000%) ⇩ (April 17, 2026, 6:03 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:13 a.m. EDT

PASW faces a severe long-term existential crisis marked by -62% revenue contraction, massive negative cash flows, and a balance sheet crushed by debt despite a recent financing announcement. While price action has bottomed briefly near $0.13, the fundamental trajectory is a high-probability total loss scenario rather than a value investment, warranting avoidance across all horizons.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.183016
AutoARIMA0.202345
AutoETS0.208666
AutoTheta0.276816

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 80%
H-stat 0.59
Ljung-Box p 0.000
Jarque-Bera p 0.090
Excess Kurtosis -0.57
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 23.137
Revenue per Share 1.848
Market Cap 20,712,664
Profit Margins -37.57%
Previous Name Majestic Ideal Holdings Limited
Website https://newbrandcashmere.com

Info Dump

Attribute Value
52 Week Change -0.94969696
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 657,020
Average Daily Volume3 Month 1,123,082
Average Volume 1,123,082
Average Volume10Days 657,020
Bid 0.18
Bid Size 1
Book Value 0.3231092
City Cheung Sha Wan
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 0.1663
Current Ratio 2.76
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 0.175
Day Low 0.1601
Debt To Equity 23.137
Display Name Ping An Biomedical
Ebitda -14,695,886
Ebitda Margins -0.43036
Enterprise To Ebitda -0.91
Enterprise To Revenue 0.392
Enterprise Value 13,377,762
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 0.1618
Fifty Day Average Change 0.0045000017
Fifty Day Average Change Percent 0.027812125
Fifty Two Week Change Percent -94.969696
Fifty Two Week High 5.4
Fifty Two Week High Change -5.2337003
Fifty Two Week High Change Percent -0.9692037
Fifty Two Week Low 0.121
Fifty Two Week Low Change 0.0453
Fifty Two Week Low Change Percent 0.37438017
Fifty Two Week Range 0.121 - 5.4
Financial Currency CNY
First Trade Date Milliseconds 1,752,845,400,000
Float Shares 21,630,514
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 0.0023
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 20,712,664
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1765408379
Most Recent Quarter 1,759,190,400
Name Change Date 2,026-04-18
Net Income To Common -12,829,206
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 20,737,575
Open 0.1659
Operating Cashflow -6,427,762
Operating Margins -0.69636
Payout Ratio 0.0
Phone 852 3915 2600
Post Market Change -0.00030000508
Post Market Change Percent -0.18039992
Post Market Price 0.166
Post Market Time 1,776,463,394
Prev Name Majestic Ideal Holdings Limited
Previous Close 0.166
Price Hint 4
Price To Book 0.51468664
Price To Sales Trailing12 Months 0.60655683
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 0.00030000508
Regular Market Change Percent 0.18072596
Regular Market Day High 0.175
Regular Market Day Low 0.1601
Regular Market Day Range 0.1601 - 0.175
Regular Market Open 0.1659
Regular Market Previous Close 0.166
Regular Market Price 0.1663
Regular Market Time 1,776,456,000
Regular Market Volume 264,633
Return On Assets -0.1467
Return On Equity -0.67427003
Revenue Growth -0.62
Revenue Per Share 1.848
Sand P52 Week Change 0.38150132
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 124,550,000
Shares Percent Shares Out 0.0001
Shares Short 14,970
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 7,110
Short Name Ping An Biomedical Co., Ltd.
Short Percent Of Float 0.0001
Short Ratio 0.06
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 0.70932275
Two Hundred Day Average Change -0.54302275
Two Hundred Day Average Change Percent -0.76555103
Type Disp Equity
Volume 264,633
Website https://newbrandcashmere.com