Miniso Other Current Liab vs Current Deferred Revenue Analysis

MNSO Stock  USD 24.81  0.67  2.78%   
Miniso Group financial indicator trend analysis is infinitely more than just investigating Miniso Group Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Miniso Group Holding is a good investment. Please check the relationship between Miniso Group Other Current Liab and its Current Deferred Revenue accounts. 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.

Other Current Liab vs Current Deferred Revenue

JavaScript chart by amCharts 3.21.15201420162018202020222024-2.5B-2B-1.5B-1B-500M0500M1B1.5B2B2.5B 160M180M200M220M240M260M280M300M320M340M360M
JavaScript chart by amCharts 3.21.15Other Current Liabtotal: 8.9BCurrent Deferred Revenuetotal: 2.8B

Other Current Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Miniso Group Holding Other Current Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
Other Current LiabCurrent Deferred RevenueDiversified AwayOther Current LiabCurrent Deferred RevenueDiversified Away100%
The correlation between Miniso Group's Other Current Liab and Current Deferred Revenue is 0.41. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Miniso Group Holding, assuming nothing else is changed. The correlation between historical values of Miniso Group's Other Current Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Miniso Group Holding are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Current Liab i.e., Miniso Group's Other Current Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Miniso Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is very stable compared to the past year. As of the 26th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 328.1 M.
 2020 2022 2023 2024 (projected)
Gross Profit2.4B3.1B6.5B3.6B
Total Revenue9.1B10.1B15.3B11.3B

Miniso Group fundamental ratios Correlations

0.720.290.960.960.70.91-0.95-0.16-0.370.960.850.30.97-0.84-0.820.10.950.870.570.910.590.970.82-0.10.99
0.720.270.740.570.470.65-0.78-0.28-0.410.80.550.840.79-0.84-0.840.560.790.760.390.610.790.60.550.550.76
0.290.270.520.120.610.41-0.210.48-0.860.150.570.410.18-0.51-0.410.520.370.410.71-0.020.660.10.430.230.21
0.960.740.520.860.790.91-0.90.0-0.60.890.90.430.91-0.92-0.870.310.930.910.730.780.760.860.860.020.93
0.960.570.120.860.640.84-0.91-0.17-0.150.920.80.10.92-0.67-0.66-0.160.890.760.450.950.351.00.78-0.290.95
0.70.470.610.790.640.59-0.660.56-0.450.560.930.230.58-0.6-0.490.070.730.780.940.470.520.630.95-0.160.64
0.910.650.410.910.840.59-0.9-0.28-0.560.890.820.330.91-0.87-0.880.230.810.690.490.860.660.850.72-0.060.89
-0.95-0.78-0.21-0.9-0.91-0.66-0.90.250.28-0.98-0.81-0.36-0.980.850.86-0.13-0.93-0.83-0.53-0.93-0.6-0.92-0.80.07-0.98
-0.16-0.280.480.0-0.170.56-0.280.25-0.18-0.360.27-0.15-0.340.190.35-0.1-0.080.110.62-0.42-0.03-0.20.34-0.18-0.25
-0.37-0.41-0.86-0.6-0.15-0.45-0.560.28-0.18-0.27-0.51-0.56-0.30.670.61-0.72-0.34-0.41-0.57-0.08-0.82-0.15-0.4-0.41-0.3
0.960.80.150.890.920.560.89-0.98-0.36-0.270.740.381.0-0.85-0.870.160.930.830.440.950.60.930.72-0.010.99
0.850.550.570.90.80.930.82-0.810.27-0.510.740.260.76-0.71-0.640.040.820.760.810.70.550.80.95-0.170.8
0.30.840.410.430.10.230.33-0.36-0.15-0.560.380.260.37-0.62-0.610.780.420.440.240.130.780.130.230.890.33
0.970.790.180.910.920.580.91-0.98-0.34-0.31.00.760.37-0.87-0.880.170.930.830.460.940.610.940.73-0.030.99
-0.84-0.84-0.51-0.92-0.67-0.6-0.870.850.190.67-0.85-0.71-0.62-0.870.98-0.61-0.84-0.85-0.62-0.67-0.92-0.68-0.68-0.27-0.85
-0.82-0.84-0.41-0.87-0.66-0.49-0.880.860.350.61-0.87-0.64-0.61-0.880.98-0.59-0.8-0.78-0.5-0.71-0.88-0.67-0.6-0.26-0.85
0.10.560.520.31-0.160.070.23-0.13-0.1-0.720.160.040.780.17-0.61-0.590.180.340.28-0.140.85-0.140.030.770.12
0.950.790.370.930.890.730.81-0.93-0.08-0.340.930.820.420.93-0.84-0.80.180.920.620.830.640.90.780.020.95
0.870.760.410.910.760.780.69-0.830.11-0.410.830.760.440.83-0.85-0.780.340.920.770.650.730.770.810.070.87
0.570.390.710.730.450.940.49-0.530.62-0.570.440.810.240.46-0.62-0.50.280.620.770.280.630.440.85-0.10.52
0.910.61-0.020.780.950.470.86-0.93-0.42-0.080.950.70.130.94-0.67-0.71-0.140.830.650.280.330.960.66-0.250.94
0.590.790.660.760.350.520.66-0.6-0.03-0.820.60.550.780.61-0.92-0.880.850.640.730.630.330.370.520.520.59
0.970.60.10.861.00.630.85-0.92-0.2-0.150.930.80.130.94-0.68-0.67-0.140.90.770.440.960.370.77-0.270.96
0.820.550.430.860.780.950.72-0.80.34-0.40.720.950.230.73-0.68-0.60.030.780.810.850.660.520.77-0.190.78
-0.10.550.230.02-0.29-0.16-0.060.07-0.18-0.41-0.01-0.170.89-0.03-0.27-0.260.770.020.07-0.1-0.250.52-0.27-0.19-0.08
0.990.760.210.930.950.640.89-0.98-0.25-0.30.990.80.330.99-0.85-0.850.120.950.870.520.940.590.960.78-0.08
Click cells to compare fundamentals

Miniso Group Account Relationship Matchups

Miniso Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.8B10.7B11.3B14.5B9.7B
Short Long Term Debt Total504.6M1.0B825.0M658.0M805.2M804.4M
Other Current Liab2.0B65.8M(2.8B)1.7B2.7B2.8B
Total Current Liabilities3.2B3.3B3.5B3.8B4.4B3.8B
Total Stockholder Equity(124.8M)(336.6M)6.7B7.0B9.2B4.7B
Property Plant And Equipment Net576.7M590.9M766.2M1.2B3.7B3.9B
Current Deferred Revenue243.9M218.3M273.0M367.8M299.7M288.6M
Net Debt(1.0B)(1.8B)(5.9B)(4.7B)(5.6B)(5.9B)
Retained Earnings(525.8M)(1.1B)(2.6B)(1.9B)1.9B2.0B
Accounts Payable591.3M483.3M2.8B649.4M863.2M1.2B
Cash1.5B2.9B6.8B5.3B6.4B4.7B
Non Current Assets Total714.4M849.7M1.5B3.2B4.2B4.4B
Long Term Debt5.3M15.2M6.9M6.5M7.2M8.3M
Cash And Short Term Investments1.9B2.9B6.9B5.8B6.9B4.9B
Net Receivables741.9M600.5M824.7M808.8M426.9M683.7M
Liabilities And Stockholders Equity5.2B5.8B10.7B11.3B14.5B9.7B
Non Current Liabilities Total2.1B2.8B570.0M465.7M887.1M894.4M
Capital Lease Obligations496.6M603.0M804.4M651.1M885.7M715.4M
Inventory1.3B1.4B1.5B1.2B2.0B1.6B
Other Current Assets558.3M136.4M3.7M32.4M1.3B1.4B
Other Stockholder Equity141.0M162.4M8.3B8.0B6.2B4.9B
Total Liab5.3B6.2B4.1B4.3B5.3B5.1B
Net Invested Capital(116.7M)79.8M6.7B7.0B8.9B4.7B
Property Plant And Equipment Gross590.9M766.2M1.8B1.6B3.1B3.2B
Short Long Term Debt2.8M401.2M13.7M445K400.5K380.5K
Total Current Assets4.5B5.0B9.2B8.1B10.3B7.8B
Accumulated Other Comprehensive Income259.9M626.0M928.0M993.3M1.1B767.4M
Net Working Capital1.3B1.7B5.7B4.3B6.0B3.7B
Short Term Debt189.5M625.3M334.9M258.4M726K689.7K
Intangible Assets49.9M69.1M61.0M1.8B19.6M18.6M

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

  0.71M Macys IncPairCorr

Moving against Miniso Stock

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  0.62EDUC Educational DevelopmentPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Miniso Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Miniso Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Miniso Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Miniso Group Holding Stock:
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.