Ming Net Working Capital from 2010 to 2024

MSW Stock  USD 6.42  0.69  12.04%   
Ming Shing Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 808.3 K in 2024. During the period from 2010 to 2024, Ming Shing Net Working Capital regression line of quarterly data had mean square error of 12.5 B and geometric mean of  971,126. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
1.1 M
Current Value
808.3 K
Quarterly Volatility
108.6 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Ming Shing Group over the last few years. It is Ming Shing's Net Working Capital 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.
Net Working Capital10 Years Trend
Very volatile
   Net Working Capital   
       Timeline  

Ming Net Working Capital Regression Statistics

Arithmetic Mean976,938
Geometric Mean971,126
Coefficient Of Variation11.11
Mean Deviation54,911
Median980,439
Standard Deviation108,555
Sample Variance11.8B
Range491.4K
R-Value(0.11)
Mean Square Error12.5B
R-Squared0.01
Significance0.70
Slope(2,607)
Total Sum of Squares165B

Ming Net Working Capital History

2024808.3 K
20231.1 M
2022733.8 K
20211.2 M

About Ming Shing Financial Statements

Ming Shing investors use historical fundamental indicators, such as Ming Shing's Net Working Capital, 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
Net Working Capital1.1 M808.3 K

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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.