Ming Shing Return On Asset vs. Profit Margin
MSW Stock | USD 4.17 0.17 3.92% |
For Ming Shing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ming Shing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ming Shing Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ming Shing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ming Shing Group over time as well as its relative position and ranking within its peers.
Ming |
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ming Shing. If investors know Ming will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ming Shing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.423 | Earnings Share 0.17 | Revenue Per Share 2.451 | Quarterly Revenue Growth 0.299 | Return On Assets 0.2012 |
The market value of Ming Shing Group is measured differently than its book value, which is the value of Ming that is recorded on the company's balance sheet. Investors also form their own opinion of Ming Shing's value that differs from its market value or its book value, called intrinsic value, which is Ming Shing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ming Shing's market value can be influenced by many factors that don't directly affect Ming Shing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ming Shing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ming Shing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ming Shing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ming Shing Group Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ming Shing's current stock value. Our valuation model uses many indicators to compare Ming Shing value to that of its competitors to determine the firm's financial worth. Ming Shing Group is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in profit margin category among its peers fabricating about 0.42 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Ming Shing Group is roughly 2.38 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Ming Shing by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ming Profit Margin vs. Return On Asset
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.
Ming Shing |
| = | 0.2 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Ming Shing |
| = | 0.08 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Ming Profit Margin Comparison
Ming Shing is currently under evaluation in profit margin category among its peers.
Ming Shing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ming Shing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ming Shing will eventually generate negative long term returns. The profitability progress is the general direction of Ming Shing's change in net profit over the period of time. It can combine multiple indicators of Ming Shing, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Net Interest Income | -379.4 K | -360.5 K | |
Operating Income | 3.9 M | 2.6 M | |
Net Income From Continuing Ops | 2.3 M | 2.3 M | |
Income Before Tax | 3 M | 2.7 M | |
Total Other Income Expense Net | -530.1 K | -503.6 K | |
Net Income | 2.3 M | 2.3 M |
Ming Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ming Shing. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ming Shing position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ming Shing's important profitability drivers and their relationship over time.
Use Ming Shing in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ming Shing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ming Shing will appreciate offsetting losses from the drop in the long position's value.Ming Shing Pair Trading
Ming Shing Group Pair Trading Analysis
The ability to find closely correlated positions to Ming Shing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ming Shing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ming Shing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ming Shing Group to buy it.
The correlation of Ming Shing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ming Shing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ming Shing Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ming Shing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ming Shing position
In addition to having Ming Shing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Online Gaming Thematic Idea Now
Online Gaming
Companies that are involved in the building and marketing of online gaming-related products. The Online Gaming theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Online Gaming Theme or any other thematic opportunities.
View All Next | Launch |
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.