Ming Financial Statements From 2010 to 2024
| ML2 Stock | EUR 1.20 0.10 7.69% |
Check Ming Le financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ming Le's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ming financial statements analysis is a perfect complement when working with Ming Le Valuation or Volatility modules.
Ming |
Ming Le Sports Company Return On Asset Analysis
Ming Le's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Ming Le Return On Asset | -0.0501 |
Most of Ming Le's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ming Le Sports is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Ming Le Sports has a Return On Asset of -0.0501. This is 104.6% lower than that of the Consumer Cyclical sector and 99.68% lower than that of the Apparel Manufacturing industry. The return on asset for all Germany stocks is 64.21% lower than that of the firm.
Ming Le Sports Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ming Le's current stock value. Our valuation model uses many indicators to compare Ming Le value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ming Le competition to find correlations between indicators driving Ming Le's intrinsic value. More Info.Ming Le Sports is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ming Le's earnings, one of the primary drivers of an investment's value.About Ming Le Financial Statements
Ming Le stakeholders use historical fundamental indicators, such as Ming Le's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ming Le investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ming Le's assets and liabilities are reflected in the revenues and expenses on Ming Le's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ming Le Sports. Please read more on our technical analysis and fundamental analysis pages.
Ming Le Sports AG, a sportswear company, designs, develops, manufactures, and sells footwear, apparel, accessories, and equipment for men and women in the Peoples Republic of China. The company sells its products under the Ming Le brand through a network of distributors to retail outlets. MING LE operates under Apparel Manufacturing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1 people.
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Other Information on Investing in Ming Stock
Ming Le financial ratios help investors to determine whether Ming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ming with respect to the benefits of owning Ming Le security.