Ming Historical Income Statement
MSW Stock | USD 6.42 0.69 12.04% |
Historical analysis of Ming Shing income statement accounts such as Total Revenue of 19.2 M can show how well Ming Shing Group performed in making a profits. Evaluating Ming Shing income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ming Shing's future profits or losses.
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About Ming Income Statement Analysis
Ming Shing Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ming Shing shareholders. The income statement also shows Ming investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Ming Shing Income Statement Chart
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Ming Shing Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Ming Shing's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ming Shing Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Ming Shing Group. 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. Tax Provision is likely to drop to about 419.4 K in 2024. Net Interest Income is likely to climb to about (360.5 K) in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6M | 3.5M | 5.1M | 3.4M | Total Revenue | 14.4M | 21.9M | 27.6M | 19.2M |
Ming Shing income statement Correlations
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Ming Shing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.