Miniso Current Ratio from 2010 to 2024

MNSO Stock  USD 22.78  0.42  1.81%   
Miniso Group Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to drop to 1.57. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.34347248
Current Value
1.57
Quarterly Volatility
0.56740156
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Miniso Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miniso Group's main balance sheet or income statement drivers, such as Tax Provision of 335 M, Net Interest Income of 133.6 M or Interest Income of 175.4 M, as well as many indicators such as Price To Sales Ratio of 3.7, Dividend Yield of 0.0515 or PTB Ratio of 5.18. Miniso financial statements analysis is a perfect complement when working with Miniso Group Valuation or Volatility modules.
  
Check out the analysis of Miniso Group Correlation against competitors.

Latest Miniso Group's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Miniso Group Holding over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Miniso Group's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Miniso Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.13 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Miniso Current Ratio Regression Statistics

Arithmetic Mean1.55
Geometric Mean1.47
Coefficient Of Variation36.56
Mean Deviation0.46
Median1.14
Standard Deviation0.57
Sample Variance0.32
Range1.4981
R-Value0.75
Mean Square Error0.15
R-Squared0.56
Significance0
Slope0.1
Total Sum of Squares4.51

Miniso Current Ratio History

2024 1.57
2023 2.34
2022 2.55
2021 2.13
2020 2.64
2019 1.51
2018 1.39

About Miniso Group Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Miniso Group income statement, its balance sheet, and the statement of cash flows. Miniso Group investors use historical funamental indicators, such as Miniso Group's Current Ratio, to determine how well the company is positioned to perform in the future. Although Miniso Group investors may use each financial statement separately, they are all related. The changes in Miniso Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Miniso Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Miniso Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Miniso Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.34  1.57 

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Additional Information and Resources on Investing in Miniso Stock

When determining whether Miniso Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Miniso Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Miniso Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Miniso Group Holding Stock:
Check out the analysis of Miniso Group Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Miniso Group. If investors know Miniso will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Miniso Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.27
Earnings Share
1.01
Revenue Per Share
51.714
Quarterly Revenue Growth
0.26
Return On Assets
0.1277
The market value of Miniso Group Holding is measured differently than its book value, which is the value of Miniso that is recorded on the company's balance sheet. Investors also form their own opinion of Miniso Group's value that differs from its market value or its book value, called intrinsic value, which is Miniso Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Miniso Group's market value can be influenced by many factors that don't directly affect Miniso Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Miniso Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Miniso Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miniso Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.