Miniso Accounts Payable vs Long Term Investments Analysis
MNSO Stock | USD 22.49 1.10 4.66% |
Miniso Group financial indicator trend analysis is infinitely more than just investigating Miniso Group HoldingLtd recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Miniso Group HoldingLtd is a good investment. Please check the relationship between Miniso Group Accounts Payable and its Long Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group HoldingLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Accounts Payable vs Long Term Investments
Accounts Payable vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miniso Group HoldingLtd Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Miniso Group's Accounts Payable and Long Term Investments is 0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Miniso Group HoldingLtd, assuming nothing else is changed. The correlation between historical values of Miniso Group's Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Miniso Group HoldingLtd are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Miniso Group's Accounts Payable and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Miniso Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Miniso Group HoldingLtd are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of Miniso Group balance sheet that represents investments Miniso Group HoldingLtd intends to hold for over a year. Miniso Group HoldingLtd long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Miniso Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Miniso Group HoldingLtd current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group HoldingLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Miniso Group's Selling General Administrative is very stable compared to the past year. As of the 31st of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 335 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.1B | 4.4B | 5.1B | 3.3B | Total Revenue | 10.1B | 11.5B | 13.2B | 10.8B |
Miniso Group fundamental ratios Correlations
Click cells to compare fundamentals
Miniso Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Miniso Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 10.7B | 11.3B | 13.4B | 15.5B | 9.2B | |
Short Long Term Debt Total | 1.0B | 825.0M | 658.0M | 892.9M | 1.0B | 803.3M | |
Other Current Liab | 2.0B | 65.8M | 2.5B | 237.7M | 213.9M | 203.2M | |
Total Current Liabilities | 3.3B | 3.5B | 3.8B | 3.9B | 4.5B | 3.7B | |
Total Stockholder Equity | (336.6M) | 6.7B | 7.0B | 8.9B | 10.2B | 10.7B | |
Property Plant And Equipment Net | 590.9M | 766.2M | 1.2B | 3.1B | 3.6B | 3.7B | |
Current Deferred Revenue | 218.3M | 273.0M | 367.8M | 299.7M | 344.6M | 286.7M | |
Net Debt | (1.8B) | (5.9B) | (4.7B) | (5.6B) | (5.0B) | (4.8B) | |
Retained Earnings | (1.1B) | (2.6B) | (1.9B) | 539.3M | 485.4M | 509.7M | |
Accounts Payable | 483.3M | 2.8B | 649.4M | 3.0B | 3.5B | 1.8B | |
Cash | 2.9B | 6.8B | 5.3B | 6.5B | 7.5B | 4.3B | |
Non Current Assets Total | 849.7M | 1.5B | 3.2B | 3.5B | 4.1B | 4.3B | |
Long Term Debt | 15.2M | 6.9M | 6.5M | 7.2M | 8.3M | 8.5M | |
Cash And Short Term Investments | 2.9B | 6.9B | 5.8B | 7.3B | 8.4B | 4.6B | |
Net Receivables | 600.5M | 824.7M | 808.8M | 1.2B | 1.0B | 784.2M | |
Common Stock Shares Outstanding | 304.2M | 220.2M | 276.1M | 313.6M | 282.2M | 351.2M | |
Liabilities And Stockholders Equity | 5.8B | 10.7B | 11.3B | 13.4B | 15.5B | 9.2B | |
Non Current Liabilities Total | 2.8B | 570.0M | 465.7M | 643.9M | 579.5M | 935.0M | |
Capital Lease Obligations | 603.0M | 804.4M | 651.1M | 885.7M | 1.0B | 715.3M | |
Inventory | 1.4B | 1.5B | 1.2B | 1.5B | 1.7B | 1.5B | |
Other Current Assets | 136.4M | 3.7M | 32.4M | 27.1M | 24.4M | 23.1M | |
Other Stockholder Equity | 162.4M | 8.3B | 8.0B | 7.3B | 8.3B | 4.4B | |
Total Liab | 6.2B | 4.1B | 4.3B | 4.5B | 5.2B | 5.0B | |
Net Invested Capital | 79.8M | 6.7B | 7.0B | 8.9B | 10.2B | 10.8B | |
Property Plant And Equipment Gross | 590.9M | 766.2M | 1.6B | 3.1B | 3.6B | 3.7B | |
Short Long Term Debt | 2.8M | 401.2M | 13.7M | 445K | 400.5K | 380.5K | |
Total Current Assets | 5.0B | 9.2B | 8.1B | 9.9B | 11.4B | 7.3B | |
Accumulated Other Comprehensive Income | 626.0M | 928.0M | 993.3M | 1.1B | 1.3B | 726.1M | |
Net Working Capital | 1.7B | 5.7B | 4.3B | 6.0B | 6.9B | 3.5B | |
Short Term Debt | 625.3M | 334.9M | 258.4M | 328.9M | 378.3M | 343.5M | |
Intangible Assets | 69.1M | 61.0M | 1.8B | 25.3M | 29.1M | 27.6M | |
Other Liab | 2.5B | 80.0M | 66.1M | 79.8M | 71.9M | 68.3M | |
Net Tangible Assets | (405.7M) | 6.6B | 7.0B | 8.9B | 10.2B | 10.7B | |
Non Currrent Assets Other | 6.1M | 138.5M | 29.1M | 74.6M | 85.8M | 90.1M | |
Other Assets | 189.6M | 307.0M | 384.3M | 236.3M | 271.7M | 265.1M | |
Property Plant Equipment | 590.9M | 766.2M | 2.8B | 3.1B | 3.6B | 3.7B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group HoldingLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Miniso Stock analysis
When running Miniso Group's price analysis, check to measure Miniso Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miniso Group is operating at the current time. Most of Miniso Group's value examination focuses on studying past and present price action to predict the probability of Miniso Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miniso Group's price. Additionally, you may evaluate how the addition of Miniso Group to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Miniso Group's industry 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 1.06 | Revenue Per Share 51.714 | Quarterly Revenue Growth 0.26 | Return On Assets 0.1277 |
The market value of Miniso Group HoldingLtd 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.