Millennium Property Plant Equipment from 2010 to 2024

MGIH Stock   1.60  0.02  1.27%   
Millennium Group's Property Plant Equipment is decreasing with slightly volatile movements from year to year. Property Plant Equipment is estimated to finish at about 13.8 M this year. For the period between 2010 and 2024, Millennium Group, Property Plant Equipment quarterly trend regression had mean deviation of  2,022,980 and range of 6 M. View All Fundamentals
 
Property Plant Equipment  
First Reported
2010-12-31
Previous Quarter
13.4 M
Current Value
13.8 M
Quarterly Volatility
2.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Millennium Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millennium Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 672.8 K or Total Revenue of 44.1 M, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.2 or PTB Ratio of 0.53. Millennium financial statements analysis is a perfect complement when working with Millennium Group Valuation or Volatility modules.
  
Check out the analysis of Millennium Group Correlation against competitors.

Latest Millennium Group's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Millennium Group International over the last few years. It is Millennium Group's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Millennium Group's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Millennium Property Plant Equipment Regression Statistics

Arithmetic Mean17,927,783
Geometric Mean17,765,516
Coefficient Of Variation13.26
Mean Deviation2,022,980
Median19,445,018
Standard Deviation2,376,866
Sample Variance5.6T
Range6M
R-Value(0.82)
Mean Square Error2T
R-Squared0.68
Significance0.0002
Slope(437,833)
Total Sum of Squares79.1T

Millennium Property Plant Equipment History

202413.8 M
202313.4 M
202114.9 M
202017.5 M

About Millennium Group Financial Statements

Investors use fundamental indicators, such as Millennium Group's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Millennium Group's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Property Plant Equipment13.4 M13.8 M

Currently Active Assets on Macroaxis

When determining whether Millennium Group Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millennium 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 Millennium Group International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millennium Group International Stock:
Check out the analysis of Millennium Group Correlation against competitors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Metals & Mining 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 Millennium Group. If investors know Millennium 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 Millennium 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
(0.50)
Earnings Share
(0.78)
Revenue Per Share
3.425
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.08)
The market value of Millennium Group Int is measured differently than its book value, which is the value of Millennium that is recorded on the company's balance sheet. Investors also form their own opinion of Millennium Group's value that differs from its market value or its book value, called intrinsic value, which is Millennium 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 Millennium Group's market value can be influenced by many factors that don't directly affect Millennium 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 Millennium Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millennium Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millennium 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.