Miniso Common Stock vs Total Current Assets 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 Common Stock and its Total Current Assets 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.

Common Stock vs Total Current Assets

Common Stock vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miniso Group HoldingLtd Common Stock account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Miniso Group's Common Stock and Total Current Assets is 0.96. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets 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 Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Miniso Group HoldingLtd are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Miniso Group's Common Stock and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 Profit3.1B4.4B5.1B3.3B
Total Revenue10.1B11.5B13.2B10.8B

Miniso Group fundamental ratios Correlations

0.810.190.970.910.80.93-0.94-0.220.220.980.890.360.99-0.65-0.80.030.970.86-0.050.950.590.920.82-0.110.99
0.810.240.850.680.680.72-0.81-0.230.040.850.70.820.84-0.75-0.830.450.870.91-0.020.680.810.70.680.450.83
0.190.240.33-0.02-0.080.48-0.23-0.54-0.880.230.130.430.23-0.69-0.60.680.050.180.650.120.64-0.01-0.020.410.18
0.970.850.330.880.830.95-0.91-0.190.040.940.910.490.96-0.77-0.880.220.940.90.110.870.750.890.850.00.96
0.910.68-0.020.880.90.85-0.91-0.060.290.880.960.230.89-0.54-0.67-0.150.890.77-0.210.90.441.00.92-0.290.91
0.80.68-0.080.830.90.71-0.740.30.30.730.940.310.75-0.46-0.58-0.020.820.76-0.110.680.520.911.0-0.190.78
0.930.720.480.950.850.71-0.92-0.37-0.110.920.880.380.93-0.79-0.880.170.840.780.140.90.680.860.76-0.080.92
-0.94-0.81-0.23-0.91-0.91-0.74-0.920.39-0.09-0.98-0.86-0.42-0.970.770.86-0.11-0.92-0.860.03-0.94-0.62-0.92-0.770.05-0.96
-0.22-0.23-0.54-0.19-0.060.3-0.370.390.43-0.370.03-0.27-0.340.550.47-0.27-0.15-0.19-0.15-0.38-0.26-0.070.25-0.26-0.27
0.220.04-0.880.040.290.3-0.11-0.090.430.150.14-0.370.160.490.31-0.70.330.13-0.60.26-0.440.280.26-0.490.22
0.980.850.230.940.880.730.92-0.98-0.370.150.840.451.0-0.74-0.860.120.960.89-0.020.950.640.890.75-0.010.99
0.890.70.130.910.960.940.88-0.860.030.140.840.320.85-0.59-0.7-0.020.850.75-0.120.830.550.970.97-0.190.87
0.360.820.430.490.230.310.38-0.42-0.27-0.370.450.320.43-0.69-0.650.750.440.60.10.210.810.260.30.860.39
0.990.840.230.960.890.750.93-0.97-0.340.161.00.850.43-0.73-0.860.120.970.89-0.010.950.640.90.77-0.041.0
-0.65-0.75-0.69-0.77-0.54-0.46-0.790.770.550.49-0.74-0.59-0.69-0.730.97-0.68-0.63-0.78-0.47-0.57-0.92-0.56-0.48-0.36-0.69
-0.8-0.83-0.6-0.88-0.67-0.58-0.880.860.470.31-0.86-0.7-0.65-0.860.97-0.57-0.77-0.87-0.4-0.71-0.91-0.68-0.6-0.27-0.83
0.030.450.680.22-0.15-0.020.17-0.11-0.27-0.70.12-0.020.750.12-0.68-0.570.070.380.69-0.160.81-0.13-0.030.770.07
0.970.870.050.940.890.820.84-0.92-0.150.330.960.850.440.97-0.63-0.770.070.93-0.090.90.610.890.82-0.030.98
0.860.910.180.90.770.760.78-0.86-0.190.130.890.750.60.89-0.78-0.870.380.930.180.740.80.780.750.160.89
-0.05-0.020.650.11-0.21-0.110.140.03-0.15-0.6-0.02-0.120.1-0.01-0.47-0.40.69-0.090.18-0.190.53-0.21-0.120.13-0.03
0.950.680.120.870.90.680.9-0.94-0.380.260.950.830.210.95-0.57-0.71-0.160.90.74-0.190.40.90.71-0.240.95
0.590.810.640.750.440.520.68-0.62-0.26-0.440.640.550.810.64-0.92-0.910.810.610.80.530.40.460.520.520.61
0.920.7-0.010.891.00.910.86-0.92-0.070.280.890.970.260.9-0.56-0.68-0.130.890.78-0.210.90.460.92-0.260.91
0.820.68-0.020.850.921.00.76-0.770.250.260.750.970.30.77-0.48-0.6-0.030.820.75-0.120.710.520.92-0.20.8
-0.110.450.410.0-0.29-0.19-0.080.05-0.26-0.49-0.01-0.190.86-0.04-0.36-0.270.77-0.030.160.13-0.240.52-0.26-0.2-0.09
0.990.830.180.960.910.780.92-0.96-0.270.220.990.870.391.0-0.69-0.830.070.980.89-0.030.950.610.910.8-0.09
Click cells to compare fundamentals

Miniso Group Account Relationship Matchups

Miniso Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B10.7B11.3B13.4B15.5B9.2B
Short Long Term Debt Total1.0B825.0M658.0M892.9M1.0B803.3M
Other Current Liab2.0B65.8M2.5B237.7M213.9M203.2M
Total Current Liabilities3.3B3.5B3.8B3.9B4.5B3.7B
Total Stockholder Equity(336.6M)6.7B7.0B8.9B10.2B10.7B
Property Plant And Equipment Net590.9M766.2M1.2B3.1B3.6B3.7B
Current Deferred Revenue218.3M273.0M367.8M299.7M344.6M286.7M
Net Debt(1.8B)(5.9B)(4.7B)(5.6B)(5.0B)(4.8B)
Retained Earnings(1.1B)(2.6B)(1.9B)539.3M485.4M509.7M
Accounts Payable483.3M2.8B649.4M3.0B3.5B1.8B
Cash2.9B6.8B5.3B6.5B7.5B4.3B
Non Current Assets Total849.7M1.5B3.2B3.5B4.1B4.3B
Long Term Debt15.2M6.9M6.5M7.2M8.3M8.5M
Cash And Short Term Investments2.9B6.9B5.8B7.3B8.4B4.6B
Net Receivables600.5M824.7M808.8M1.2B1.0B784.2M
Common Stock Shares Outstanding304.2M220.2M276.1M313.6M282.2M351.2M
Liabilities And Stockholders Equity5.8B10.7B11.3B13.4B15.5B9.2B
Non Current Liabilities Total2.8B570.0M465.7M643.9M579.5M935.0M
Capital Lease Obligations603.0M804.4M651.1M885.7M1.0B715.3M
Inventory1.4B1.5B1.2B1.5B1.7B1.5B
Other Current Assets136.4M3.7M32.4M27.1M24.4M23.1M
Other Stockholder Equity162.4M8.3B8.0B7.3B8.3B4.4B
Total Liab6.2B4.1B4.3B4.5B5.2B5.0B
Net Invested Capital79.8M6.7B7.0B8.9B10.2B10.8B
Property Plant And Equipment Gross590.9M766.2M1.6B3.1B3.6B3.7B
Short Long Term Debt2.8M401.2M13.7M445K400.5K380.5K
Total Current Assets5.0B9.2B8.1B9.9B11.4B7.3B
Accumulated Other Comprehensive Income626.0M928.0M993.3M1.1B1.3B726.1M
Net Working Capital1.7B5.7B4.3B6.0B6.9B3.5B
Short Term Debt625.3M334.9M258.4M328.9M378.3M343.5M
Intangible Assets69.1M61.0M1.8B25.3M29.1M27.6M
Other Liab2.5B80.0M66.1M79.8M71.9M68.3M
Net Tangible Assets(405.7M)6.6B7.0B8.9B10.2B10.7B
Non Currrent Assets Other6.1M138.5M29.1M74.6M85.8M90.1M
Other Assets189.6M307.0M384.3M236.3M271.7M265.1M
Property Plant Equipment590.9M766.2M2.8B3.1B3.6B3.7B

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When determining whether Miniso Group HoldingLtd 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 Holdingltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Miniso Group Holdingltd Stock:
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.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.
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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.