PASW

Ping An Biomedical Co., Ltd.

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$0.15

+0.02 (+14.07%)
Current Price
Previous Close $0.13
Open $0.14
Day High $0.24
Day Low $0.13
Volume 345,749,341
Fetched: 2026-09-01T10:00:41
Stock Information
Note: Financial values converted from CNY to USD
Shares Outstanding 124.55M
Total Debt $1.56M
Cash Equivalents $174K
Revenue $5.08M
Net Income $-1.91M
Sector Consumer Cyclical
Industry Textile Manufacturing
Market Cap $18.88M
EPS (TTM) $-0.12
Exchange NCM
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Recent Price History
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About Ping An Biomedical Co., Ltd.

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.

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Income Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Revenue
Reconciled Cost Of Revenue $4,939,875 $12,297,604 $11,654,428 $14,998,095
Cost Of Revenue $4,939,875 $12,232,052 $11,654,428 $14,940,094
Total Revenue $5,081,160 $13,038,077 $12,285,358 $17,044,615
Operating Revenue $5,081,160 $13,038,077 $12,285,358 $17,044,615
Expenses
Interest Expense $45,689 $104,944 $258,948 $233,077
Total Expenses $7,268,716 $13,038,380 $12,194,222 $15,385,444
Rent Expense Supplemental $67,547 $39,608 $43,081 $41,181
Other Income Expense $-390 $3,357 $150,781 $-193
Other Non Operating Income Expenses $-390 $4,156 $150,781 $144
Net Non Operating Interest Income Expense $2,871 $-104,641 $-235,714 $-226,778
Interest Expense Non Operating $45,689 $104,944 $258,948 $233,077
Operating Expense $2,328,841 $806,328 $539,794 $445,350
Selling And Marketing Expense $44,633 $45,619 $49,477 $52,111
General And Administrative Expense $893,119 $675,798 $485,878 $410,043
Other Operating Expenses - - $-119,039 $-49,897
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-1,908,966 $-191,083 $-147,896 $1,075,345
Net Interest Income $2,871 $-104,641 $-235,714 $-226,778
Interest Income $48,560 $303 $23,234 $6,300
Normalized Income $-1,908,966 $-190,484 $-147,896 $1,075,599
Net Income From Continuing And Discontinued Operation $-1,908,966 $-191,083 $-147,896 $1,075,345
Total Operating Income As Reported $-2,187,556 $-303 $91,136 $1,609,274
Net Income Common Stockholders $-1,908,966 $-191,083 $-147,896 $1,075,345
Net Income $-1,908,966 $-191,083 $-147,896 $1,075,345
Net Income Including Noncontrolling Interests $-1,908,966 $-191,083 $-147,896 $1,075,345
Net Income Continuous Operations $-1,908,966 $-191,083 $-147,896 $1,075,345
Pretax Income $-2,185,075 $-101,587 $6,203 $1,432,200
Interest Income Non Operating $48,560 $303 $23,234 $6,300
Operating Income $-2,187,556 $-303 $91,136 $1,659,171
Depreciation Amortization Depletion Income Statement $831 $67,075 $62,012 $61,668
Depreciation And Amortization In Income Statement $831 $67,075 $62,012 $61,668
Gross Profit $141,285 $806,024 $630,930 $2,104,520
Per Share
Diluted EPS - - $-0.01 $0.05
Basic EPS - - $-0.01 $0.05
Other
Tax Effect Of Unusual Items $0 $-200 $0 $-84
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-2,138,554 $71,230 $270,025 $1,727,283
Reconciled Depreciation $831 $1,524 $4,874 $3,668
EBITDA (Bullshit earnings) $-2,138,554 $70,432 $270,025 $1,726,945
EBIT $-2,139,385 $3,356 $265,151 $1,665,277
Diluted NI Availto Com Stockholders $-1,908,966 $-191,083 $-147,896 $1,075,345
Tax Provision $-276,109 $89,496 $154,099 $356,854
Provision For Doubtful Accounts $1,390,257 $17,835 $4,440 $-28,576
Selling General And Administration $937,752 $721,417 $535,354 $462,154
Other Gand A $229,832 $110,295 $485,878 $47,009
Rent And Landing Fees $67,547 $39,608 $43,081 $41,181
Salaries And Wages $595,740 $525,895 $353,793 $321,853
Total Unusual Items - $-799 $31,406 $-338
Total Unusual Items Excluding Goodwill - $-799 $31,406 $-338
Gain On Sale Of Security - $-799 $31,406 $-338
Diluted Average Shares - - $3,050,368 $3,050,368
Basic Average Shares - - $3,050,368 $3,050,368
Fetched: 2026-08-29
Balance Sheet (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Assets
Net Tangible Assets $6,731,941 $-1,069,590 $-871,898 $684,405
Total Assets $10,179,976 $8,459,155 $11,880,295 $12,193,738
Total Non Current Assets $701,894 $526,692 $486,588 $432,352
Non Current Deferred Assets $632,319 $405,064 $406,294 $405,184
Non Current Deferred Taxes Assets $632,319 $405,064 $406,294 $405,184
Current Assets $9,478,081 $7,932,463 $11,393,706 $11,761,386
Current Deferred Assets $0 $1,631,013 $1,123,138 $731,444
Restricted Cash $5,285,888 $0 - -
Prepaid Assets $1,385,858 $233,825 $623,366 $115,628
Inventory $65,755 $18,941 $474,508 $688,345
Receivables $2,566,118 $6,029,202 $9,084,624 $10,052,390
Other Receivables $46,830 $10,514 $9,946 $4,831
Accounts Receivable $2,519,288 $6,017,602 $7,006,996 $8,480,967
Allowance For Doubtful Accounts Receivable $-2,255,983 $-1,643,006 $-1,625,171 $-1,620,731
Gross Accounts Receivable $4,775,271 $7,660,609 $8,632,167 $10,101,698
Cash Cash Equivalents And Short Term Investments $174,463 $19,481 $88,070 $173,579
Cash And Cash Equivalents $174,463 $19,481 $88,070 $173,579
Cash Financial $174,463 $19,481 - -
Taxes Receivable - - - $0
Debt
Net Debt $1,313,521 $1,468,503 $6,235,864 $5,108,766
Total Debt $1,557,559 $1,608,782 $6,391,866 $5,292,276
Long Term Debt And Capital Lease Obligation $14,240 $68,663 $9,931 $0
Current Debt And Capital Lease Obligation $1,543,320 $1,540,118 $6,381,935 $5,292,276
Current Debt $1,487,984 $1,487,984 $6,323,934 $5,282,345
Liabilities
Total Liabilities Net Minority Interest $3,448,035 $9,528,746 $12,752,193 $11,509,333
Total Non Current Liabilities Net Minority Interest $14,240 $68,663 $9,931 $0
Current Liabilities $3,433,795 $9,460,082 $12,742,262 $11,509,333
Current Deferred Liabilities $10,383 $249,011 $79,060 $40,569
Payables And Accrued Expenses $1,880,093 $7,670,953 $6,281,267 $6,176,487
Interest Payable $0 $2,632 $31,321 $46,974
Payables $1,873,137 $7,639,181 $6,249,946 $6,129,513
Other Payable $3,091 $7,511 $7,154 $3,424
Total Tax Payable $32,758 $100,033 $90,152 $377,501
Accounts Payable $1,400,701 $2,240,283 $1,379,717 $2,683,634
Dividends Payable - - - $0
Equity
Common Stock Equity $6,731,941 $-1,069,590 $-871,898 $684,405
Total Equity Gross Minority Interest $6,731,941 $-1,069,590 $-871,898 $684,405
Stockholders Equity $6,731,941 $-1,069,590 $-871,898 $684,405
Gains Losses Not Affecting Retained Earnings $10,182 $152,185 $106,136 $21,410
Other Equity Adjustments $10,182 $152,185 $106,136 $21,410
Retained Earnings $-3,131,823 $-1,222,857 $-979,117 $661,913
Other Equity Interest - - - -
Other
Ordinary Shares Number $3,050,368 $3,050,368 $3,050,368 $3,050,368
Share Issued $3,050,368 $3,050,368 $3,050,368 $3,050,368
Tangible Book Value $6,731,941 $-1,069,590 $-871,898 $684,405
Invested Capital $8,219,925 $418,394 $5,452,036 $5,966,750
Working Capital $6,044,286 $-1,527,619 $-1,348,556 $252,053
Capital Lease Obligations $69,575 $120,797 $67,932 $9,931
Total Capitalization $6,731,941 $-1,069,590 $-871,898 $684,405
Additional Paid In Capital $9,852,332 $0 - $0
Capital Stock $1,250 $1,082 $1,082 $1,082
Common Stock $1,250 $1,082 $1,082 $1,082
Long Term Capital Lease Obligation $14,240 $68,663 $9,931 $0
Current Deferred Revenue $10,383 $249,011 $79,060 $40,569
Current Capital Lease Obligation $55,335 $52,134 $58,000 $9,931
Line Of Credit $1,487,984 $1,487,984 $6,323,934 $5,282,345
Current Accrued Expenses $6,956 $31,772 $31,321 $46,974
Dueto Related Parties Current $436,587 $5,291,354 $4,772,922 $3,064,955
Net PPE $69,575 $121,628 $80,294 $27,168
Accumulated Depreciation $-14,769 $-13,938 $-12,415 $-7,541
Gross PPE $84,344 $135,566 $92,709 $34,708
Other Properties $69,575 $120,797 $77,940 $19,939
Machinery Furniture Equipment $14,769 $14,769 $14,769 $14,769
Finished Goods $65,755 $18,941 $474,508 $688,345
Duefrom Related Parties Current $0 $1,086 $2,067,682 $1,566,592
Fetched: 2026-08-29
Cash Flow Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Free Cash Flow
Free Cash Flow $-956,441 $2,176,954 $-905,117 $3,134,190
Operating Activities
Operating Cash Flow $-956,441 $2,176,954 $-905,117 $3,137,877
Cash Flow From Continuing Operating Activities $-956,441 $2,176,954 $-905,117 $3,137,877
Investing Activities
Investing Cash Flow $0 $2,231,977 $-501,089 $-4,502,567
Cash Flow From Continuing Investing Activities $0 $2,231,977 $-501,089 $-4,502,567
Net Other Investing Changes - $2,231,977 $-501,089 $-4,498,879
Capital Expenditure - - - $-3,687
Financing Activities
Issuance Of Capital Stock $16,098,132 $0 $0 $1,082
Financing Cash Flow $6,496,603 $-4,477,182 $1,320,536 $1,523,386
Cash Flow From Continuing Financing Activities $6,496,603 $-4,477,182 $1,320,536 $1,523,386
Net Other Financing Charges $-4,621,726 - - $-1,733,051
Cash Dividends Paid $0 $-47,974 $-1,429,020 $-718,731
Common Stock Dividend Paid $0 $-47,974 $-1,429,020 $-718,731
Net Common Stock Issuance $16,098,132 $0 $0 $1,082
Common Stock Issuance $16,098,132 $0 $0 $1,082
Other
Repayment Of Debt $-14,196,795 $-12,371,479 $-9,488,438 $-10,592,585
Issuance Of Debt $9,216,993 $7,942,271 $12,237,995 $12,833,620
Interest Paid Supplemental Data $46,260 $104,944 $290,269 $221,517
Income Tax Paid Supplemental Data $0 $32,864 $316,097 $284,073
End Cash Position $5,460,351 $19,481 $88,070 $173,579
Beginning Cash Position $19,481 $88,070 $173,579 $15,729
Effect Of Exchange Rate Changes $-99,292 $-337 $160 $-847
Changes In Cash $5,540,162 $-68,251 $-85,670 $158,697
Net Issuance Payments Of Debt $-4,979,803 $-4,429,208 $2,749,556 $2,241,035
Net Short Term Debt Issuance $-4,979,803 $-4,429,208 $2,749,556 $1,041,799
Short Term Debt Payments $-14,196,795 $-12,371,479 $-9,488,438 $-6,227,918
Short Term Debt Issuance $9,216,993 $7,942,271 $12,237,995 $7,269,717
Net PPE Purchase And Sale $0 $0 $0 $-3,687
Purchase Of PPE $0 $0 $0 $-3,687
Change In Working Capital $-210,395 $2,345,919 $-765,424 $2,080,297
Change In Other Working Capital $-238,629 $169,951 $38,491 $-207,817
Change In Payables And Accrued Expense $-936,671 $871,821 $-1,603,187 $1,910,620
Change In Accrued Expense $-48,236 $-37,598 $-138,383 $223,338
Change In Payable $-888,435 $909,419 $-1,464,805 $1,687,282
Change In Account Payable $-839,582 $860,566 $-1,303,917 $1,621,642
Change In Tax Payable $-48,853 $48,853 $-160,888 $65,639
Change In Income Tax Payable $-48,853 $48,853 $-160,888 $65,639
Change In Prepaid Assets $-1,098,459 $-122,614 $-884,095 $-158,209
Change In Inventory $-45,900 $454,654 $213,836 $1,694,657
Change In Receivables $2,109,264 $972,108 $1,469,531 $-1,158,954
Changes In Account Receivables $2,108,057 $971,559 $1,469,531 $-1,158,954
Provisionand Write Offof Assets $1,389,345 $19,364 $4,440 $-28,576
Deferred Tax $-227,255 $1,230 $-1,110 $7,142
Deferred Income Tax $-227,255 $1,230 $-1,110 $7,142
Depreciation Amortization Depletion $831 $1,524 $4,874 $3,668
Depreciation And Amortization $831 $1,524 $4,874 $3,668
Depreciation $831 $1,524 $4,874 $3,668
Net Income From Continuing Operations $-1,908,966 $-191,083 $-147,896 $1,075,345
Net Long Term Debt Issuance - - $1,707,967 $1,199,236
Long Term Debt Payments - - $-4,206,094 $-4,364,667
Long Term Debt Issuance - - $5,914,061 $5,563,902
Fetched: 2026-08-29