Miniso Long Term Investments vs Net Receivables Analysis
MNSO Stock | USD 20.17 0.89 4.62% |
Miniso Group financial indicator trend analysis is infinitely more than just investigating Miniso Group Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Miniso Group Holding is a good investment. Please check the relationship between Miniso Group Long Term Investments and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Long Term Investments vs Net Receivables
Long Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miniso Group Holding Long Term Investments account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Miniso Group's Long Term Investments and Net Receivables is 0.59. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Miniso Group Holding, assuming nothing else is changed. The correlation between historical values of Miniso Group's Long Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Miniso Group Holding are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Investments i.e., Miniso Group's Long Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Miniso Group balance sheet that represents investments Miniso Group Holding intends to hold for over a year. Miniso Group Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Receivables
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 Holding 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 Holding. Also, note that the market value of any company could be closely tied 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 October 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 328.1 M.
2020 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 3.1B | 6.5B | 3.6B | Total Revenue | 9.1B | 10.1B | 15.3B | 11.3B |
Miniso Group fundamental ratios Correlations
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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 | 5.2B | 5.8B | 10.7B | 11.3B | 14.5B | 9.7B | |
Short Long Term Debt Total | 504.6M | 1.0B | 825.0M | 658.0M | 805.2M | 804.4M | |
Other Current Liab | 2.2B | 2.0B | 65.8M | 2.5B | 3.5B | 3.7B | |
Total Current Liabilities | 3.2B | 3.3B | 3.5B | 3.8B | 4.4B | 3.8B | |
Total Stockholder Equity | (124.8M) | (336.6M) | 6.7B | 7.0B | 9.2B | 4.7B | |
Property Plant And Equipment Net | 576.7M | 590.9M | 766.2M | 1.2B | 3.7B | 3.9B | |
Current Deferred Revenue | 243.9M | 218.3M | 273.0M | 367.8M | 299.7M | 288.6M | |
Net Debt | (1.0B) | (1.8B) | (5.9B) | (4.7B) | (5.6B) | (5.9B) | |
Retained Earnings | (525.8M) | (1.1B) | (2.6B) | (1.9B) | 1.9B | 2.0B | |
Accounts Payable | 591.3M | 483.3M | 2.8B | 649.4M | 863.2M | 1.2B | |
Cash | 1.5B | 2.9B | 6.8B | 5.3B | 6.4B | 4.7B | |
Non Current Assets Total | 714.4M | 849.7M | 1.5B | 3.2B | 4.2B | 4.4B | |
Long Term Debt | 5.3M | 15.2M | 6.9M | 6.5M | 7.2M | 8.3M | |
Cash And Short Term Investments | 1.9B | 2.9B | 6.9B | 5.8B | 6.9B | 4.9B | |
Net Receivables | 741.9M | 600.5M | 824.7M | 808.8M | 426.9M | 683.7M | |
Liabilities And Stockholders Equity | 5.2B | 5.8B | 10.7B | 11.3B | 14.5B | 9.7B | |
Non Current Liabilities Total | 2.1B | 2.8B | 570.0M | 465.7M | 887.1M | 894.4M | |
Capital Lease Obligations | 496.6M | 603.0M | 804.4M | 651.1M | 885.7M | 715.4M | |
Inventory | 1.3B | 1.4B | 1.5B | 1.2B | 2.0B | 1.6B | |
Other Current Assets | 558.3M | 136.4M | 3.7M | 32.4M | 1.3B | 1.4B | |
Other Stockholder Equity | 141.0M | 162.4M | 8.3B | 8.0B | 6.2B | 4.9B | |
Total Liab | 5.3B | 6.2B | 4.1B | 4.3B | 5.3B | 5.1B | |
Net Invested Capital | (116.7M) | 79.8M | 6.7B | 7.0B | 8.9B | 4.7B | |
Property Plant And Equipment Gross | 590.9M | 766.2M | 1.8B | 1.6B | 3.1B | 3.2B | |
Short Long Term Debt | 2.8M | 401.2M | 13.7M | 445K | 400.5K | 380.5K | |
Total Current Assets | 4.5B | 5.0B | 9.2B | 8.1B | 10.3B | 7.8B | |
Accumulated Other Comprehensive Income | 259.9M | 626.0M | 928.0M | 993.3M | 1.1B | 767.4M | |
Net Working Capital | 1.3B | 1.7B | 5.7B | 4.3B | 6.0B | 3.7B | |
Short Term Debt | 189.5M | 625.3M | 334.9M | 258.4M | 726K | 689.7K | |
Intangible Assets | 49.9M | 69.1M | 61.0M | 1.8B | 19.6M | 18.6M |
Pair Trading with Miniso Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miniso Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miniso Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Miniso Stock
Moving against Miniso Stock
The ability to find closely correlated positions to Miniso Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miniso Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miniso Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miniso Group Holding to buy it.
The correlation of Miniso Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miniso Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miniso Group Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Miniso Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 0.103 | Dividend Share 2.988 | Earnings Share 1.06 | Revenue Per Share 44.47 | Quarterly Revenue Growth 0.241 |
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.