Maitong Sunshine Cultural Dev Financials
This page shows Maitong Sunshine Cultural Dev (MGSD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Scale finally covered overhead, but cash conversion broke down and left the business dependent on near-term liabilities.
From FY2024 to FY2025, gross margin slipped from45.4% to41.1% , yet operating margin turned positive because overhead grew more slowly than sales, so the improvement came from fixed-cost absorption rather than richer unit economics. That accounting improvement was not self-funding: operating cash flow swung from$437K to-$675K , and year-end cash was nearly exhausted.
The balance-sheet posture improved mechanically as equity moved from negative territory to
FY2025 shows how operating recovery and bottom-line recovery can diverge. The business produced
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Maitong Sunshine Cultural Dev's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Maitong Sunshine Cultural Dev has an operating margin of 6.3%, meaning the company retains $6 of operating profit per $100 of revenue. This below-average margin results in a low score of 29/100, suggesting thin profitability after operating expenses. This is up from -2.9% the prior year.
Maitong Sunshine Cultural Dev has elevated debt relative to equity (D/E of 8.59), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Maitong Sunshine Cultural Dev's current ratio of 0.92 is below the typical benchmark, resulting in a score of 13/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Maitong Sunshine Cultural Dev generates a -46.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
Maitong Sunshine Cultural Dev passes 1 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Maitong Sunshine Cultural Dev generates $31.78 in operating cash flow (-$675K OCF vs -$21K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Maitong Sunshine Cultural Dev earns $176.0 in operating income for every $1 of interest expense ($87K vs $493). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Maitong Sunshine Cultural Dev generated $1.4M in revenue in fiscal year 2025. This represents an increase of 71.5% from the prior year.
Maitong Sunshine Cultural Dev's EBITDA was $88K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 500.6% from the prior year.
Maitong Sunshine Cultural Dev reported -$21K in net income in fiscal year 2025. This represents an increase of 31.1% from the prior year.
Maitong Sunshine Cultural Dev earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents an increase of 33.3% from the prior year.
Cash & Balance Sheet
Maitong Sunshine Cultural Dev held $4K in cash against $0 in long-term debt as of fiscal year 2025.
Maitong Sunshine Cultural Dev had 61M shares outstanding in fiscal year 2025. This represents an increase of 0.8% from the prior year.
Margins & Returns
Maitong Sunshine Cultural Dev's gross margin was 41.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.3 percentage points from the prior year.
Maitong Sunshine Cultural Dev's operating margin was 6.3% in fiscal year 2025, reflecting core business profitability. This is up 9.1 percentage points from the prior year.
Maitong Sunshine Cultural Dev's net profit margin was -1.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.3 percentage points from the prior year.
Maitong Sunshine Cultural Dev's ROE was -46.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
MGSD Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25K-87.8% | $204K+146.9% | $82K+14.7% | $72K-93.0% | $1.0M+266.3% | $279K+6.9% | $261K+85.1% | $141K |
| Cost of Revenue | $13K-83.3% | $77K+58.6% | $48K+8.0% | $45K-93.0% | $642K+243.6% | $187K+106.4% | $91K+5.4% | $86K |
| Gross Profit | $12K-90.5% | $127K+272.7% | $34K+26.0% | $27K-92.9% | $380K+312.5% | $92K-45.9% | $170K+209.3% | $55K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $133K-9.6% | $147K+94.0% | $76K-50.3% | $152K+43.8% | $106K-22.9% | $137K+93.6% | $71K-10.9% | $80K |
| Operating Income | -$121K-500.2% | -$20K+51.8% | -$42K+66.7% | -$125K-145.7% | $274K+703.7% | -$45K-145.7% | $99K+503.4% | -$25K |
| Interest Expense | $83 | N/A | N/A | N/A | $93 | N/A | N/A | N/A |
| Income Tax | -$54 | N/A | N/A | N/A | $107K+6115.1% | $2K-69.6% | $6K+1907.8% | $282 |
| Net Income | -$121K-467.9% | -$21K+49.1% | -$42K+66.7% | -$125K-175.0% | $167K+454.6% | -$47K-150.3% | $94K+476.1% | -$25K |
| EPS (Diluted) | $-0.00 | N/A | $-0.00+66.7% | $-0.00-175.0% | $0.00 | N/A | $0.00+500.0% | $-0.00 |
MGSD Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $374K-14.9% | $439K-0.6% | $442K-43.0% | $776K-29.6% | $1.1M+46.4% | $752K+198.8% | $252K+184.5% | $88K |
| Current Assets | $272K-25.0% | $363K-14.7% | $425K-43.3% | $750K-29.7% | $1.1M+43.5% | $743K+217.7% | $234K+280.7% | $61K |
| Cash & Equivalents | $33K+642.6% | $4K-98.2% | $250K-56.7% | $577K-43.6% | $1.0M+46.5% | $698K+295.6% | $177K+678.4% | $23K |
| Inventory | $185+1.1% | $183-30.4% | $263+1.5% | $259 | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $445K+13.2% | $393K+4.3% | $377K-44.0% | $673K-29.2% | $951K+25.1% | $760K+251.3% | $216K+47.8% | $146K |
| Current Liabilities | $445K+13.2% | $393K+4.3% | $377K-44.0% | $673K-29.2% | $951K+25.1% | $760K+251.3% | $216K+47.8% | $146K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$72K-256.6% | $46K-29.3% | $65K-36.7% | $102K-32.1% | $151K+2044.4% | -$8K-121.9% | $35K+161.1% | -$58K |
| Retained Earnings | -$213K-130.3% | -$93K-29.8% | -$71K-141.0% | -$30K-130.9% | $96K+234.2% | -$71K-194.4% | -$24K+79.5% | -$118K |
MGSD Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$22K+86.5% | -$166K+25.2% | -$222K+35.5% | -$345K-687.4% | $59K-87.8% | $482K+484.5% | $82K+211.0% | -$74K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | $5+150.0% | -$10-183.3% | $12 |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | $482K+484.5% | $82K+210.9% | -$74K |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | -$5-150.0% | $10+183.3% | -$12 |
| Financing Cash Flow | $51K-35.1% | $78K+138.3% | -$204K-88.5% | -$108K-136.4% | $298K+1246.5% | $22K-69.4% | $72K+28.5% | $56K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MGSD Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.6%-13.7pp | 62.3%+21.0pp | 41.3%+3.7pp | 37.6%+0.4pp | 37.2%+4.2pp | 33.0%-32.3pp | 65.3%+26.2pp | 39.1% |
| Operating Margin | -484.8%-474.9pp | -9.9%+40.7pp | -50.6%+123.7pp | -174.2%-201.0pp | 26.8%+43.1pp | -16.3%-54.3pp | 38.1%+55.5pp | -17.5% |
| Net Margin | -484.2%-473.8pp | -10.4%+40.2pp | -50.6%+123.7pp | -174.2%-190.6pp | 16.3%+33.2pp | -16.9%-52.8pp | 35.9%+53.6pp | -17.7% |
| Return on Equity | N/A | -46.4%+18.1pp | -64.4%+58.1pp | -122.5%-233.3pp | 110.8% | N/A | 264.7% | N/A |
| Return on Assets | -32.3%-27.5pp | -4.8%+4.6pp | -9.4%+6.7pp | -16.2%-31.3pp | 15.2%+21.4pp | -6.3%-43.5pp | 37.2%+65.4pp | -28.1% |
| Current Ratio | 0.61-0.3 | 0.92-0.2 | 1.13+0.0 | 1.110.0 | 1.12+0.1 | 0.98-0.1 | 1.08+0.7 | 0.42 |
| Debt-to-Equity | -6.21-14.8 | 8.59+2.8 | 5.83-0.8 | 6.59+0.3 | 6.31+104.4 | -98.09-104.2 | 6.11+8.6 | -2.53 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | 172.7%+141.1pp | 31.6%+84.3pp | -52.7% |
Note: The current ratio is below 1.0 (0.92), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Maitong Sunshine Cultural Dev's annual revenue?
Maitong Sunshine Cultural Dev (MGSD) reported $1.4M in total revenue for fiscal year 2025. This represents a 71.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Maitong Sunshine Cultural Dev's revenue growing?
Maitong Sunshine Cultural Dev (MGSD) revenue grew by 71.5% year-over-year, from $805K to $1.4M in fiscal year 2025.
Is Maitong Sunshine Cultural Dev profitable?
No, Maitong Sunshine Cultural Dev (MGSD) reported a net income of -$21K in fiscal year 2025, with a net profit margin of -1.5%.
What is Maitong Sunshine Cultural Dev's EBITDA?
Maitong Sunshine Cultural Dev (MGSD) had EBITDA of $88K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Maitong Sunshine Cultural Dev's gross margin?
Maitong Sunshine Cultural Dev (MGSD) had a gross margin of 41.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Maitong Sunshine Cultural Dev's operating margin?
Maitong Sunshine Cultural Dev (MGSD) had an operating margin of 6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Maitong Sunshine Cultural Dev's net profit margin?
Maitong Sunshine Cultural Dev (MGSD) had a net profit margin of -1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Maitong Sunshine Cultural Dev's return on equity (ROE)?
Maitong Sunshine Cultural Dev (MGSD) has a return on equity of -46.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Maitong Sunshine Cultural Dev's operating cash flow?
Maitong Sunshine Cultural Dev (MGSD) generated -$675K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Maitong Sunshine Cultural Dev's total assets?
Maitong Sunshine Cultural Dev (MGSD) had $439K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Maitong Sunshine Cultural Dev's current ratio?
Maitong Sunshine Cultural Dev (MGSD) had a current ratio of 0.92 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Maitong Sunshine Cultural Dev's debt-to-equity ratio?
Maitong Sunshine Cultural Dev (MGSD) had a debt-to-equity ratio of 8.59 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Maitong Sunshine Cultural Dev's return on assets (ROA)?
Maitong Sunshine Cultural Dev (MGSD) had a return on assets of -4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Maitong Sunshine Cultural Dev's cash runway?
Based on fiscal year 2025 data, Maitong Sunshine Cultural Dev (MGSD) had $4K in cash against an annual operating cash burn of $675K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Maitong Sunshine Cultural Dev's Piotroski F-Score?
Maitong Sunshine Cultural Dev (MGSD) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Maitong Sunshine Cultural Dev's earnings high quality?
Maitong Sunshine Cultural Dev (MGSD) has an earnings quality ratio of 31.78x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Maitong Sunshine Cultural Dev cover its interest payments?
Maitong Sunshine Cultural Dev (MGSD) has an interest coverage ratio of 176.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Maitong Sunshine Cultural Dev?
Maitong Sunshine Cultural Dev (MGSD) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.