Ming Change In Cash vs Begin Period Cash Flow Analysis

MSW Stock  USD 4.17  0.17  3.92%   
Ming Shing financial indicator trend analysis is infinitely more than just investigating Ming Shing Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ming Shing Group is a good investment. Please check the relationship between Ming Shing Change In Cash and its Begin Period Cash Flow accounts. 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.

Change In Cash vs Begin Period Cash Flow

Change In Cash vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ming Shing Group Change In Cash account and Begin Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ming Shing's Change In Cash and Begin Period Cash Flow is 0.21. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Ming Shing Group, assuming nothing else is changed. The correlation between historical values of Ming Shing's Change In Cash and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Ming Shing Group are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change In Cash i.e., Ming Shing's Change In Cash and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change In Cash

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Ming Shing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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. Selling General Administrative is likely to drop to about 764.9 K in 2024
 2021 2022 2023 2024 (projected)
Gross Profit2.6M3.5M5.1M3.4M
Total Revenue14.4M21.9M27.6M19.2M

Ming Shing fundamental ratios Correlations

0.990.540.810.990.540.990.760.880.830.970.72-0.660.980.421.01.00.810.970.990.96-0.08
0.990.450.771.00.450.980.710.860.830.940.79-0.630.950.471.00.990.770.991.00.97-0.11
0.540.450.720.441.00.480.740.660.440.66-0.18-0.510.660.080.50.570.710.410.450.3-0.01
0.810.770.720.750.710.791.00.980.930.860.39-0.950.860.250.790.811.00.720.780.7-0.17
0.991.00.440.750.440.970.690.850.820.930.79-0.610.940.520.990.990.751.01.00.97-0.16
0.540.451.00.710.440.470.740.660.440.66-0.18-0.510.660.080.50.560.710.410.450.29-0.01
0.990.980.480.790.970.470.740.860.820.970.77-0.650.970.30.990.970.790.940.990.980.05
0.760.710.741.00.690.740.740.960.910.820.31-0.950.820.20.740.761.00.660.720.64-0.16
0.880.860.660.980.850.660.860.960.960.890.51-0.920.90.390.870.890.980.830.860.79-0.25
0.830.830.440.930.820.440.820.910.960.810.63-0.940.820.420.830.830.930.810.840.81-0.32
0.970.940.660.860.930.660.970.820.890.810.61-0.691.00.230.960.960.860.890.950.910.08
0.720.79-0.180.390.79-0.180.770.310.510.630.61-0.380.610.370.760.70.390.790.790.88-0.04
-0.66-0.63-0.51-0.95-0.61-0.51-0.65-0.95-0.92-0.94-0.69-0.38-0.69-0.21-0.65-0.65-0.95-0.58-0.64-0.60.25
0.980.950.660.860.940.660.970.820.90.821.00.61-0.690.270.970.970.860.910.960.910.04
0.420.470.080.250.520.080.30.20.390.420.230.37-0.210.270.430.470.250.590.430.35-0.88
1.01.00.50.790.990.50.990.740.870.830.960.76-0.650.970.431.00.80.981.00.97-0.08
1.00.990.570.810.990.560.970.760.890.830.960.7-0.650.970.471.00.810.980.990.94-0.13
0.810.770.711.00.750.710.791.00.980.930.860.39-0.950.860.250.80.810.720.780.71-0.17
0.970.990.410.721.00.410.940.660.830.810.890.79-0.580.910.590.980.980.720.980.95-0.24
0.991.00.450.781.00.450.990.720.860.840.950.79-0.640.960.431.00.990.780.980.98-0.08
0.960.970.30.70.970.290.980.640.790.810.910.88-0.60.910.350.970.940.710.950.980.02
-0.08-0.11-0.01-0.17-0.16-0.010.05-0.16-0.25-0.320.08-0.040.250.04-0.88-0.08-0.13-0.17-0.24-0.080.02
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Ming Shing Account Relationship Matchups

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