Maitong Sunshine Cultural (MGSD) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MGSD SEC filings page.
Maitong Sunshine Cultural (MGSD) reported $1.4M in revenue for fiscal year 2025, up 71.5% from the prior fiscal year. This page shows its 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).
Revenue expanded, but cash conversion reversed: FY2025 produced operating profit while retaining thin balance-sheet equity.
In FY2024, operating cash flow of$437K broadly matched free cash flow of$433K , indicating earnings were converting into cash. FY2025 paired a net loss of$21K with operating cash flow of-$675K , so reported operating improvement did not carry through to cash generation.
Revenue grew
FY2025 ended with liabilities of
Financial Health Signals
We do not publish a peer-relative financial health score for Maitong Sunshine Cultural, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Maitong Sunshine Cultural passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.
Maitong Sunshine Cultural reported a net loss of $21K while operations used $675K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Maitong Sunshine Cultural earns $176.04 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's EBITDA was -$37K in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Maitong Sunshine Cultural reported a net loss of $38K in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Maitong Sunshine Cultural earned $0.00 per diluted share (EPS) in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2026.
Cash & Balance Sheet
Maitong Sunshine Cultural held $15K in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
MGSD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $647-99.1% | $25K-97.6% | $204K-27.0% | $82K-68.4% | $72K-49.0% | $1.0M+724.5% | $279K |
| Cost of Revenue | N/A | $368-99.2% | $13K-98.0% | $77K-58.9% | $48K-46.5% | $45K-47.8% | $642K+747.0% | $187K |
| Gross Profit | N/A | $279-99.0% | $12K-96.8% | $127K+37.8% | $34K-80.0% | $27K-51.0% | $380K+689.1% | $92K |
| SG&A Expenses | $38K-50.2% | $206K+35.5% | $133K+25.4% | $147K+6.9% | $76K+6.7% | $152K+91.1% | $106K+5.5% | $137K |
| Operating Income | -$38Kn/m | -$206Kn/m | -$121K-144.1% | -$20Kn/m | -$42K-142.0% | -$125Kn/m | $274Kn/m | -$45K |
| EBITDA | -$37Kn/m | -$206Kn/m | -$120K-143.9% | -$20Kn/m | -$41K-141.6% | -$125Kn/m | $274Kn/m | -$45K |
| Interest Expense | N/A | N/A | $83-10.8% | N/A | N/A | N/A | $93-69.5% | N/A |
| Income Tax | -$55 | -$414 | -$54-100.1% | $1K-37.8% | N/A | N/A | $107K+125664.7% | $2K |
| Net Income | -$38Kn/m | -$206Kn/m | -$121K-172.2% | -$21Kn/m | -$42K-144.5% | -$125Kn/m | $167Kn/m | -$47K |
| EPS (Basic) | $0.00n/m | $0.00n/m | $0.00-171.4% | N/A | $0.00-143.8% | $0.00n/m | $0.00n/m | $0.00 |
| EPS (Diluted) | $0.00n/m | $0.00n/m | $0.00-171.4% | N/A | $0.00-143.8% | $0.00n/m | $0.00n/m | $0.00 |
| Diluted Shares (Avg) | 64M+6.0% | 62M+3.7% | 61M+0.8% | N/A | 61M+0.8% | 60M+0.3% | 60M+47.4% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
MGSD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $211K-52.2% | $239K-69.2% | $374K-66.1% | $439K-41.6% | $442K+75.5% | $776K+776.6% | $1.1M | $752K+1695.8% |
| Current Assets | $134K-68.4% | $145K-80.7% | $272K-74.5% | $363K-51.2% | $425K+81.6% | $750K+1120.4% | $1.1M | $743K+65050.9% |
| Cash & Equivalents | $15K-93.9% | $2K-99.7% | $33K-96.8% | $4K-99.4% | $250K+41.4% | $577K+2444.5% | $1.0M+2362.3% | $698K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Inventory | $175-33.5% | $172-33.6% | $185 | $183 | $263 | $259 | N/A | N/A |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Total Liabilities | $439K+16.4% | $432K-35.9% | $445K-53.2% | $393K-48.3% | $377K+74.3% | $673K+360.1% | $951K | $760K+822.4% |
| Current Liabilities | $439K+16.4% | $432K-35.9% | $445K-53.2% | $393K-48.3% | $377K+74.3% | $673K+360.1% | $951K | $760K+893.8% |
| Non-Current Liabilities | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0-100.0% |
| Total Equity | -$228K-451.9% | -$193K-288.5% | -$72K-147.6% | $46Kn/m | $65K+82.9% | $102Kn/m | $151Kn/m | -$8Kn/m |
| Retained Earnings | -$457Kn/m | -$419Kn/m | -$213K-322.8% | -$93Kn/m | -$71Kn/m | -$30Kn/m | $96K | -$71Kn/m |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill, Long-Term Debt.
MGSD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2Kn/m | -$100Kn/m | -$22K-138.2% | -$166K-134.5% | -$222K-369.7% | -$345Kn/m | $59Kn/m | $482K |
| Depreciation & Amortization | $310+7.3% | $306+5.2% | $300+1.7% | $310+4.7% | $289-1.4% | $291-1.7% | $295+181.0% | $296 |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $5 |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $482K |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$5 |
| Financing Cash Flow | $6Kn/m | $68Kn/m | $51K-83.0% | $78K+253.7% | -$204K-382.7% | -$108K-292.7% | $298K+204.3% | $22K |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
MGSD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 43.1%+5.5pp | 48.6%+11.4pp | 62.3%+29.3pp | 41.3%-24.0pp | 37.6%-1.5pp | 37.2%-1.7pp | 33.0% |
| Operating Margin | N/A | -31857.2% | -484.8% | -9.9%+6.4pp | -50.6%-88.7pp | -174.2% | 26.8%+69.0pp | -16.3% |
| Net Margin | N/A | -31791.0% | -484.2% | -10.4%+6.5pp | -50.6%-86.5pp | -174.2% | 16.3%+58.7pp | -16.9% |
| Return on Equity | N/A | N/A | N/A | -46.4% | -64.4%-329.1pp | -122.5% | 110.8% | N/A |
| Return on Assets | -17.9%-8.4pp | -86.0%-69.9pp | -32.3%-47.5pp | -4.8%+1.4pp | -9.4%-46.6pp | -16.2%+12.0pp | 15.2% | -6.3% |
| Current Ratio | 0.31-0.8x | 0.33-0.8x | 0.61-0.5x | 0.92-0.1x | 1.130.0x | 1.11+0.7x | 1.12 | 0.98+1.0x |
| Liabilities-to-Equity | N/A | N/A | N/A | 8.59 | 5.83-0.3x | 6.59 | 6.31 | N/A |
| Asset Turnover | N/A | 0.00-0.1x | 0.07-0.9x | 0.46+0.1x | 0.19-0.8x | 0.09-1.5x | 0.93 | 0.37 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 172.7% |
Not reported in any period shown, so not listed: Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.92), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Maitong Sunshine Cultural Ranks
Frequently Asked Questions
Maitong Sunshine Cultural (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.
Maitong Sunshine Cultural (MGSD) revenue grew by 71.5% year-over-year, from $805K to $1.4M in fiscal year 2025.
No, Maitong Sunshine Cultural (MGSD) reported a net loss of $21K in fiscal year 2025, with a net profit margin of -1.5%.
Maitong Sunshine Cultural (MGSD) had EBITDA of $88K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Maitong Sunshine Cultural (MGSD) had a gross margin of 41.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Maitong Sunshine Cultural (MGSD) had an operating margin of 6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Maitong Sunshine Cultural (MGSD) had a net profit margin of -1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Maitong Sunshine Cultural (MGSD) has a return on equity of -46.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Maitong Sunshine Cultural (MGSD) recorded an outflow of $675K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Maitong Sunshine Cultural (MGSD) had $439K in total assets as of fiscal year 2025, including both current and long-term assets.
Maitong Sunshine Cultural (MGSD) had a current ratio of 0.92 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
Maitong Sunshine Cultural (MGSD) had a liabilities-to-equity ratio of 8.59 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Maitong Sunshine Cultural (MGSD) had a return on assets of -4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Maitong Sunshine Cultural (MGSD) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Maitong Sunshine Cultural (MGSD) reported a net loss of $21K while operations used $675K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Maitong Sunshine Cultural (MGSD) has an interest coverage ratio of 176.04x, 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.