Ming Income Before Tax from 2010 to 2024

MSW Stock  USD 6.42  0.69  12.04%   
Ming Shing Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about 2.7 M in 2024. During the period from 2010 to 2024, Ming Shing Income Before Tax regression line of quarterly data had mean square error of 222.7 B and geometric mean of  1,639,137. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
M
Current Value
2.7 M
Quarterly Volatility
676.1 K
 
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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Ming Shing Group over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Ming Shing income statement and is an important metric when analyzing Ming Shing Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Ming Shing's Income Before Tax 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.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Ming Income Before Tax Regression Statistics

Arithmetic Mean1,734,520
Geometric Mean1,639,137
Coefficient Of Variation38.98
Mean Deviation544,787
Median1,363,074
Standard Deviation676,149
Sample Variance457.2B
Range1.9M
R-Value0.74
Mean Square Error222.7B
R-Squared0.55
Significance0
Slope111,895
Total Sum of Squares6.4T

Ming Income Before Tax History

20242.7 M
2023M
20223.3 M
20212.1 M

About Ming Shing Financial Statements

Ming Shing investors use historical fundamental indicators, such as Ming Shing's Income Before Tax, 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
Income Before TaxM2.7 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.