vs

Side-by-side financial comparison of Multi Ways Holdings Ltd (MWG) and SOUTH PLAINS FINANCIAL, INC. (SPFI). Click either name above to swap in a different company.

SOUTH PLAINS FINANCIAL, INC. is the larger business by last-quarter revenue ($54.1M vs $31.1M, roughly 1.7× Multi Ways Holdings Ltd). SOUTH PLAINS FINANCIAL, INC. runs the higher net margin — 26.9% vs -9.2%, a 36.0% gap on every dollar of revenue.

Multi Ways Holdings Limited is a Hong Kong-headquartered integrated logistics service provider, offering freight forwarding, warehousing management, customs brokerage, and end-to-end supply chain solutions. It mainly serves clients in manufacturing, retail and e-commerce segments, with core markets spanning Greater China, Southeast Asia and North America.

Ally Financial Inc. is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

MWG vs SPFI — Head-to-Head

Bigger by revenue
SPFI
SPFI
1.7× larger
SPFI
$54.1M
$31.1M
MWG
Higher net margin
SPFI
SPFI
36.0% more per $
SPFI
26.9%
-9.2%
MWG

Income Statement — Q4 FY2024 vs Q1 FY2026

Metric
MWG
MWG
SPFI
SPFI
Revenue
$31.1M
$54.1M
Net Profit
$-2.9M
$14.5M
Gross Margin
31.3%
Operating Margin
-6.2%
Net Margin
-9.2%
26.9%
Revenue YoY
Net Profit YoY
18.3%
EPS (diluted)
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MWG
MWG
SPFI
SPFI
Q1 26
$54.1M
Q4 25
$53.9M
Q3 25
$54.2M
Q2 25
$54.7M
Q1 25
$49.2M
Q4 24
$31.1M
$51.9M
Q3 24
$47.9M
Q2 24
$48.6M
Net Profit
MWG
MWG
SPFI
SPFI
Q1 26
$14.5M
Q4 25
Q3 25
$16.3M
Q2 25
$14.6M
Q1 25
$12.3M
Q4 24
$-2.9M
Q3 24
$11.2M
Q2 24
$11.1M
Gross Margin
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
31.3%
Q3 24
Q2 24
Operating Margin
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
35.4%
Q3 25
38.1%
Q2 25
34.1%
Q1 25
31.9%
Q4 24
-6.2%
39.9%
Q3 24
29.8%
Q2 24
29.3%
Net Margin
MWG
MWG
SPFI
SPFI
Q1 26
26.9%
Q4 25
Q3 25
30.1%
Q2 25
26.7%
Q1 25
25.0%
Q4 24
-9.2%
Q3 24
23.4%
Q2 24
22.9%
EPS (diluted)
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
$0.90
Q3 25
$0.96
Q2 25
$0.86
Q1 25
$0.72
Q4 24
$-0.09
$0.96
Q3 24
$0.66
Q2 24
$0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MWG
MWG
SPFI
SPFI
Cash + ST InvestmentsLiquidity on hand
$3.3M
$722.0M
Total DebtLower is stronger
$3.0K
Stockholders' EquityBook value
$20.1M
$504.9M
Total Assets
$69.6M
$4.6B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MWG
MWG
SPFI
SPFI
Q1 26
$722.0M
Q4 25
$552.4M
Q3 25
$635.0M
Q2 25
$470.5M
Q1 25
$536.3M
Q4 24
$3.3M
$359.1M
Q3 24
$471.2M
Q2 24
$298.0M
Total Debt
MWG
MWG
SPFI
SPFI
Q1 26
$3.0K
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
MWG
MWG
SPFI
SPFI
Q1 26
$504.9M
Q4 25
$493.8M
Q3 25
$477.8M
Q2 25
$454.1M
Q1 25
$443.7M
Q4 24
$20.1M
$438.9M
Q3 24
$443.1M
Q2 24
$418.0M
Total Assets
MWG
MWG
SPFI
SPFI
Q1 26
$4.6B
Q4 25
$4.5B
Q3 25
$4.5B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$69.6M
$4.2B
Q3 24
$4.3B
Q2 24
$4.2B
Debt / Equity
MWG
MWG
SPFI
SPFI
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MWG
MWG
SPFI
SPFI
Operating Cash FlowLast quarter
$-12.9M
Free Cash FlowOCF − Capex
$-13.5M
FCF MarginFCF / Revenue
-43.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
$77.5M
Q3 25
$24.2M
Q2 25
$14.7M
Q1 25
$26.1M
Q4 24
$-12.9M
$59.4M
Q3 24
$17.9M
Q2 24
$18.2M
Free Cash Flow
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
$71.8M
Q3 25
$22.5M
Q2 25
$13.0M
Q1 25
$25.0M
Q4 24
$-13.5M
$56.0M
Q3 24
$17.1M
Q2 24
$17.1M
FCF Margin
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
133.3%
Q3 25
41.5%
Q2 25
23.8%
Q1 25
50.8%
Q4 24
-43.5%
108.0%
Q3 24
35.7%
Q2 24
35.2%
Capex Intensity
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
10.5%
Q3 25
3.2%
Q2 25
3.2%
Q1 25
2.3%
Q4 24
1.9%
6.5%
Q3 24
1.6%
Q2 24
2.2%
Cash Conversion
MWG
MWG
SPFI
SPFI
Q1 26
Q4 25
Q3 25
1.48×
Q2 25
1.01×
Q1 25
2.12×
Q4 24
Q3 24
1.59×
Q2 24
1.63×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MWG
MWG

Segment breakdown not available.

SPFI
SPFI

Net Interest Income$42.9M79%
Noninterest Income$11.3M21%

Related Comparisons