MI Ming Mart Holdings Stock

MI Ming Mart Holdings ROA 2024

MI Ming Mart Holdings ROA

0.09

Ticker

8473.HK

ISIN

KYG148491064

In 2024, MI Ming Mart Holdings's return on assets (ROA) was 0.09, a -20.33% increase from the 0.11 ROA in the previous year.

MI Ming Mart Holdings Aktienanalyse

What does MI Ming Mart Holdings do?

MI Ming Mart Holdings Ltd is a leading company in the retail and wholesale of food, cosmetics, and household goods in China. The company was founded in 2011 and is headquartered in Guangzhou. Since its establishment, the company has offered its customers a wide range of products and services. The company's business division is divided into three main segments: retail, wholesale, and e-commerce. The retail department operates a chain of supermarkets, department stores, and convenience stores in both urban and rural areas of the country. The company is known for its market tours and traditional local products. MI Ming Mart Holdings' wholesale department specializes in supplying products to hotels, restaurants, and cafes. The company operates a fast, efficient, and secure supply chain to meet the needs of its customers. MI Ming Mart Holdings' e-commerce department is one of the most successful in China and operates its own online shop platform (www.mimingmart.com) that offers a wide range of products. The product range of MI Ming Mart Holdings is very diverse. The company offers a wide range of foods such as fruits and vegetables, meat, dairy products, and grains, as well as imported products from around the world. There is also a range of household goods, including dishes, kitchen appliances, furniture, and textiles. The cosmetics and personal care products offered by the company are very popular in China. They are all offered at fair prices. MI Ming Mart Holdings has been committed to its customers in many ways in recent years. For example, a loyalty program has been introduced to enhance the shopping experience for them. The company also uses state-of-the-art technology to make shopping easier and faster for customers. MI Ming Mart Holdings is proud of its CSR programs, which aim to bring about a positive social and environmental change in China. The company operates a program to promote green spaces in urban areas to improve air quality and quality of life for people. Overall, MI Ming Mart Holdings Ltd has earned a positive reputation in China for its reliability, quality, and affordable products. The company is committed to further improving and solidifying its position as a leading company in retail and wholesale. MI Ming Mart Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding MI Ming Mart Holdings's Return on Assets (ROA)

MI Ming Mart Holdings's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing MI Ming Mart Holdings's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider MI Ming Mart Holdings's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in MI Ming Mart Holdings’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about MI Ming Mart Holdings stock

What is the Return on Assets (ROA) of MI Ming Mart Holdings this year?

The Return on Assets (ROA) of MI Ming Mart Holdings is 0.09 undefined this year.

What was the ROA of MI Ming Mart Holdings compared to the previous year?

The ROA of MI Ming Mart Holdings has increased by -20.33% compared to the previous year.

What consequences do high ROA have for investors of MI Ming Mart Holdings?

A high ROA is advantageous for investors of MI Ming Mart Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in MI Ming Mart Holdings?

A low ROA can be unfavorable for investors of MI Ming Mart Holdings as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of MI Ming Mart Holdings affect the company?

An increase in ROA of MI Ming Mart Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of MI Ming Mart Holdings impact the company?

A reduction in the ROA of MI Ming Mart Holdings can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of MI Ming Mart Holdings?

Some factors that can influence the ROA of MI Ming Mart Holdings include revenue, operating costs, asset structure, and industry average.

Why is the ROA of MI Ming Mart Holdings important for investors?

The ROA of MI Ming Mart Holdings is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can MI Ming Mart Holdings take to improve ROA?

To improve ROA, MI Ming Mart Holdings can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does MI Ming Mart Holdings pay?

Over the past 12 months, MI Ming Mart Holdings paid a dividend of 0.01 HKD . This corresponds to a dividend yield of about 9.2 %. For the coming 12 months, MI Ming Mart Holdings is expected to pay a dividend of 0.01 HKD.

What is the dividend yield of MI Ming Mart Holdings?

The current dividend yield of MI Ming Mart Holdings is 9.2 %.

When does MI Ming Mart Holdings pay dividends?

MI Ming Mart Holdings pays a quarterly dividend. This is distributed in the months of December, September, December, September.

How secure is the dividend of MI Ming Mart Holdings?

MI Ming Mart Holdings paid dividends every year for the past 4 years.

What is the dividend of MI Ming Mart Holdings?

For the upcoming 12 months, dividends amounting to 0.01 HKD are expected. This corresponds to a dividend yield of 9.2 %.

In which sector is MI Ming Mart Holdings located?

MI Ming Mart Holdings is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von MI Ming Mart Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of MI Ming Mart Holdings from 9/20/2024 amounting to 0.008 HKD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.

When did MI Ming Mart Holdings pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of MI Ming Mart Holdings in the year 2023?

In the year 2023, MI Ming Mart Holdings distributed 0.016 HKD as dividends.

In which currency does MI Ming Mart Holdings pay out the dividend?

The dividends of MI Ming Mart Holdings are distributed in HKD.

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Andere Kennzahlen von MI Ming Mart Holdings

Our stock analysis for MI Ming Mart Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MI Ming Mart Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.