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Ping An Biomedical Co., Ltd. (PASW)

Consumer Cyclical | Textile Manufacturing | Cheung Sha Wan, Hong Kong | NasdaqCM
0.12 USD 0.00 (-1.139%) ⇩ (Oct. 13, 2026, 1:49 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 11:21 a.m. EDT

The immediate outlook is severely compromised by a catastrophic collapse in business fundamentals. Revenue has plummeted by nearly half (-47.4%), while the company is hemorrhaging cash with negative operating and free cash flows, alongside significant losses eroding both assets and equity. This is not a temporary stumble; the balance sheet is fragile with debt significantly outweighing equity, and the market has rightly punished the stock, driving it down from a high of $1.05 to current levels near $0.12. There is no dividend to provide income, and the recent price action shows no recovery, trading flat around lows rather than building momentum. While the company is attempting to pivot through partnerships and IP sales, the financial reality suggests a deep structural deterioration where the current business model is failing to generate value, making this a dangerous hold or sell for any timeframe.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.084256
AutoETS0.088719
AutoTheta0.174054
AutoARIMA0.217649

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 34%
H-stat 0.34
Ljung-Box p 0.001
Jarque-Bera p 0.866
Excess Kurtosis 0.22
Attribute Value
Sector Consumer Cyclical
Debt to Equity Ratio 13.14
Revenue per Share 0.734
Market Cap 15,201,716
Profit Margins -14.78%
Previous Name Majestic Ideal Holdings Limited
Website https://newbrandcashmere.com

Info Dump

Attribute Value
52 Week Change -0.8552941
Address1 China United Plaza
Address2 22nd Floor 1002-1008, Tai Nan West Street
All Time High 5.4
All Time Low 0.108
Ask 0.122
Ask Size 5
Average Daily Volume10 Day 601,360
Average Daily Volume3 Month 6,559,693
Average Volume 6,559,693
Average Volume10Days 601,360
Bid 0.1187
Bid Size 1
Book Value 0.09339063
City Cheung Sha Wan
Country Hong Kong
Crypto Tradeable 0
Currency USD
Current Price 0.1215
Current Ratio 2.537
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 0.1234
Day Low 0.1205
Debt To Equity 13.14
Display Name Ping An Biomedical
Dividend Yield 0.0
Ebitda -10,541,434
Ebitda Margins -0.41321
Enterprise To Ebitda -1.789
Enterprise To Revenue 0.739
Enterprise Value 18,857,456
Eps Trailing Twelve Months -0.06
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.13124
Fifty Day Average Change -0.009739995
Fifty Day Average Change Percent -0.074215144
Fifty Two Week Change Percent -85.52941
Fifty Two Week High 0.88
Fifty Two Week High Change -0.7585
Fifty Two Week High Change Percent -0.8619318
Fifty Two Week Low 0.108
Fifty Two Week Low Change 0.013499998
Fifty Two Week Low Change Percent 0.12499998
Fifty Two Week Range 0.108 - 0.88
Financial Currency CNY
First Trade Date Milliseconds 1,752,845,400,000
Float Shares 98,055,444
Free Cashflow -46,387,028
Full Exchange Name NasdaqCM
Full Time Employees 7
Fullday Change -0.0014000013
Fullday Change Percent -1.1391386
Fullday Price 0.1215
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.092709996
Gross Profits 2,365,180
Has Pre Post Market Data 1
Held Percent Insiders 0.108789995
Held Percent Institutions 0.00239
Implied Shares Outstanding 125,117,000
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 15,201,716
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1765408379
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-10-13
Net Income To Common -3,770,114
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 15,977,440
Open 0.121
Operating Cashflow -5,542,738
Operating Margins 0.05603
Payout Ratio 0.0
Phone 852 3915 2600
Prev Name Majestic Ideal Holdings Limited
Previous Close 0.1229
Price Hint 4
Price To Book 1.3009871
Price To Sales Trailing12 Months 0.5958834
Profit Margins -0.14778
Quick Ratio 0.612
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0014000013
Regular Market Change Percent -1.1391386
Regular Market Day High 0.1234
Regular Market Day Low 0.1205
Regular Market Day Range 0.1205 - 0.1234
Regular Market Open 0.121
Regular Market Previous Close 0.1229
Regular Market Price 0.1215
Regular Market Time 1,791,913,785
Regular Market Volume 185,563
Return On Assets -0.088570006
Return On Equity -0.11350001
Revenue Growth -0.474
Revenue Per Share 0.734
Sand P52 Week Change 0.17502642
Sector Consumer Cyclical
Sector Disp Consumer Cyclical
Sector Key consumer-cyclical
Shares Outstanding 125,117,000
Shares Percent Shares Out 0.0039
Shares Short 488,277
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 46,891
Short Name Ping An Biomedical Co., Ltd.
Short Percent Of Float 0.0044
Short Ratio 0.03
Source Interval 15
Symbol PASW
Total Cash 6,842,381
Total Cash Per Share 0.055
Total Debt 10,272,911
Total Revenue 25,511,224
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.06
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.175805
Two Hundred Day Average Change -0.054305002
Two Hundred Day Average Change Percent -0.30889338
Type Disp Equity
Volume 185,563
Website https://newbrandcashmere.com