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MGIH (Millennium Group International Holdings) Gross-Profit-to-Asset % : 8.15% (As of Jun. 2024)


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What is Millennium Group International Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Millennium Group International Holdings's annualized Gross Profit for the quarter that ended in Jun. 2024 was $4.23 Mil. Millennium Group International Holdings's average Total Assets over the quarter that ended in Jun. 2024 was $51.91 Mil. Therefore, Millennium Group International Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 8.15%.


Millennium Group International Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Millennium Group International Holdings's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Millennium Group International Holdings Gross-Profit-to-Asset % Chart

Millennium Group International Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Gross-Profit-to-Asset %
23.87 23.46 14.50 16.18

Millennium Group International Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 21.81 18.65 10.33 20.77 8.15

Competitive Comparison of Millennium Group International Holdings's Gross-Profit-to-Asset %

For the Packaging & Containers subindustry, Millennium Group International Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millennium Group International Holdings's Gross-Profit-to-Asset % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Millennium Group International Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Millennium Group International Holdings's Gross-Profit-to-Asset % falls into.


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Millennium Group International Holdings Gross-Profit-to-Asset % Calculation

Millennium Group International Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=8.305/( (59.043+43.637)/ 2 )
=8.305/51.34
=16.18 %

Millennium Group International Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=4.23/( (60.184+43.637)/ 2 )
=4.23/51.9105
=8.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Millennium Group International Holdings Gross-Profit-to-Asset % Related Terms

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Millennium Group International Holdings Business Description

Traded in Other Exchanges
N/A
Address
Flat B-C, 1st Floor, Wang Kwong Industrial Buiding, 45 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG, 999077
Millennium Group International Holdings Ltd is a paper-based packaging solutions supplier. It offers paper-based inner and outer packaging products which can be broadly categorized into packaging products, Packaging products supply chain management solutions and corrugated products.

Millennium Group International Holdings Headlines