Ming Gross Profit from 2010 to 2024

MSW Stock  USD 4.17  0.17  3.92%   
Ming Shing Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 3.4 M in 2024. Gross Profit is the profit Ming Shing Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
5.1 M
Current Value
3.4 M
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ming Shing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ming Shing's main balance sheet or income statement drivers, such as Tax Provision of 419.4 K, Interest Expense of 172.5 K or Selling General Administrative of 764.9 K, as well as many indicators such as . Ming financial statements analysis is a perfect complement when working with Ming Shing Valuation or Volatility modules.
  
Check out the analysis of Ming Shing Correlation against competitors.

Latest Ming Shing's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ming Shing Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Ming Shing Group minus its cost of goods sold. It is profit before Ming Shing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ming Shing's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ming Shing's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Ming Gross Profit Regression Statistics

Arithmetic Mean1,795,125
Geometric Mean1,523,173
Coefficient Of Variation69.88
Mean Deviation990,464
Median1,119,808
Standard Deviation1,254,358
Sample Variance1.6T
Range4M
R-Value0.73
Mean Square Error781.1B
R-Squared0.54
Significance0
Slope205,923
Total Sum of Squares22T

Ming Gross Profit History

20243.4 M
20235.1 M
20223.5 M
20212.6 M

About Ming Shing Financial Statements

Ming Shing investors use historical fundamental indicators, such as Ming Shing's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ming Shing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit5.1 M3.4 M

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Additional Tools for Ming Stock Analysis

When running Ming Shing's price analysis, check to measure Ming Shing'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 Ming Shing is operating at the current time. Most of Ming Shing's value examination focuses on studying past and present price action to predict the probability of Ming Shing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ming Shing's price. Additionally, you may evaluate how the addition of Ming Shing to your portfolios can decrease your overall portfolio volatility.