Miniso Historical Balance Sheet
MNSO Stock | USD 24.11 0.70 2.82% |
Trend analysis of Miniso Group Holding balance sheet accounts such as Total Current Liabilities of 3.8 B provides information on Miniso Group's total assets, liabilities, and equity, which is the actual value of Miniso Group Holding to its prevalent stockholders. By breaking down trends over time using Miniso Group balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Miniso Group Holding latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Miniso Group Holding is a good buy for the upcoming year.
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About Miniso Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Miniso Group Holding at a specified time, usually calculated after every quarter, six months, or one year. Miniso Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Miniso Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Miniso currently owns. An asset can also be divided into two categories, current and non-current.
Miniso Group Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Miniso Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Miniso Group Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Miniso Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Miniso Group Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from Miniso Group's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Miniso Group Holding current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Miniso Group Holding. 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. At this time, Miniso Group's Net Receivables is very stable compared to the past year. As of the 27th of December 2024, Common Stock Shares Outstanding is likely to grow to about 332.5 M, while Total Assets are likely to drop about 9.7 B.
2020 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 825.0M | 658.0M | 805.2M | 804.4M | Total Assets | 10.7B | 11.3B | 14.5B | 9.7B |
Miniso Group balance sheet Correlations
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Miniso Group Account Relationship Matchups
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Miniso Group balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.8B | 10.7B | 11.3B | 14.5B | 9.7B | |
Short Long Term Debt Total | 504.6M | 1.0B | 825.0M | 658.0M | 805.2M | 804.4M | |
Other Current Liab | 2.0B | 65.8M | (2.8B) | 1.7B | 2.7B | 2.8B | |
Total Current Liabilities | 3.2B | 3.3B | 3.5B | 3.8B | 4.4B | 3.8B | |
Total Stockholder Equity | (124.8M) | (336.6M) | 6.7B | 7.0B | 9.2B | 4.7B | |
Property Plant And Equipment Net | 576.7M | 590.9M | 766.2M | 1.2B | 3.7B | 3.9B | |
Current Deferred Revenue | 243.9M | 218.3M | 273.0M | 367.8M | 299.7M | 288.6M | |
Net Debt | (1.0B) | (1.8B) | (5.9B) | (4.7B) | (5.6B) | (5.9B) | |
Retained Earnings | (525.8M) | (1.1B) | (2.6B) | (1.9B) | 1.9B | 2.0B | |
Accounts Payable | 591.3M | 483.3M | 2.8B | 649.4M | 863.2M | 1.2B | |
Cash | 1.5B | 2.9B | 6.8B | 5.3B | 6.4B | 4.7B | |
Non Current Assets Total | 714.4M | 849.7M | 1.5B | 3.2B | 4.2B | 4.4B | |
Long Term Debt | 5.3M | 15.2M | 6.9M | 6.5M | 7.2M | 8.3M | |
Cash And Short Term Investments | 1.9B | 2.9B | 6.9B | 5.8B | 6.9B | 4.9B | |
Net Receivables | 741.9M | 600.5M | 824.7M | 808.8M | 426.9M | 683.7M | |
Liabilities And Stockholders Equity | 5.2B | 5.8B | 10.7B | 11.3B | 14.5B | 9.7B | |
Non Current Liabilities Total | 2.1B | 2.8B | 570.0M | 465.7M | 887.1M | 894.4M | |
Capital Lease Obligations | 496.6M | 603.0M | 804.4M | 651.1M | 885.7M | 715.4M | |
Inventory | 1.3B | 1.4B | 1.5B | 1.2B | 2.0B | 1.6B | |
Other Current Assets | 558.3M | 136.4M | 3.7M | 32.4M | 1.3B | 1.4B | |
Other Stockholder Equity | 141.0M | 162.4M | 8.3B | 8.0B | 6.2B | 4.9B | |
Total Liab | 5.3B | 6.2B | 4.1B | 4.3B | 5.3B | 5.1B | |
Net Invested Capital | (116.7M) | 79.8M | 6.7B | 7.0B | 8.9B | 4.7B | |
Property Plant And Equipment Gross | 590.9M | 766.2M | 1.8B | 1.6B | 3.1B | 3.2B | |
Short Long Term Debt | 2.8M | 401.2M | 13.7M | 445K | 400.5K | 380.5K | |
Total Current Assets | 4.5B | 5.0B | 9.2B | 8.1B | 10.3B | 7.8B | |
Accumulated Other Comprehensive Income | 259.9M | 626.0M | 928.0M | 993.3M | 1.1B | 767.4M | |
Net Working Capital | 1.3B | 1.7B | 5.7B | 4.3B | 6.0B | 3.7B | |
Short Term Debt | 189.5M | 625.3M | 334.9M | 258.4M | 726K | 689.7K | |
Intangible Assets | 49.9M | 69.1M | 61.0M | 1.8B | 19.6M | 18.6M |
Pair Trading with Miniso Group
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 Miniso Group 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 Miniso Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Miniso Stock
Moving against Miniso Stock
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0.62 | EDUC | Educational Development | PairCorr |
The ability to find closely correlated positions to Miniso Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miniso Group 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 Miniso Group - 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 Miniso Group Holding to buy it.
The correlation of Miniso Group 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 Miniso Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miniso Group Holding 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 Miniso Group 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miniso Group Holding. 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. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Broadline Retail 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 Miniso Group. If investors know Miniso 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 Miniso Group 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 0.103 | Earnings Share 0.99 | Revenue Per Share 44.47 | Quarterly Revenue Growth 0.241 | Return On Assets 0.131 |
The market value of Miniso Group Holding is measured differently than its book value, which is the value of Miniso that is recorded on the company's balance sheet. Investors also form their own opinion of Miniso Group's value that differs from its market value or its book value, called intrinsic value, which is Miniso Group'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 Miniso Group's market value can be influenced by many factors that don't directly affect Miniso Group'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 Miniso Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Miniso Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miniso Group'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.