Ming End Period Cash Flow vs Free 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 End Period Cash Flow and its Free 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.

End Period Cash Flow vs Free Cash Flow

End Period Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ming Shing Group End Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ming Shing's End Period Cash Flow and Free Cash Flow is 0.58. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Free 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 End Period Cash Flow and Free 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 End Period Cash Flow of Ming Shing Group are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of End Period Cash Flow i.e., Ming Shing's End Period Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

End Period Cash Flow

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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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