Ming Le Sports AG, a sportswear company, designs, develops, manufactures, and sells footwear, apparel, accessories, and equipment for men and women in the People’s Republic of China.
The last earnings update was 363 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Ming Le Sports. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Ming Le Sports's
is considered below, and whether this is a fair price.
Price based on past earnings
Ming Le Sports's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ming Le Sports has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Ming Le Sports
expected to grow at an
Unable to compare Ming Le Sports's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Ming Le Sports's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Ming Le Sports's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Ming Le Sports is high growth as no earnings estimate data is available.
Unable to determine if Ming Le Sports is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Ming Le Sports's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Ming Le Sports
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Siliang Ding serves as the Chairman of the Management Board and Chief Executive Officer of Ming Le Sports AG and has been its Member of the Management Board since October 2011. Mr. Ding is the Founder of Ming Le sports AG. He founded Jinjiang Yasi Shoes Co., Ltd. in 1995 and served as its Chief Executive Officer until 2000, when he became the legal representative and chief executive officer of Fujian Ming Le. Mr. Ding serves as a Director of China Ming Le Sportswear Holdings Limited, Cayman Islands. He served as a Director of Jinjiang Yasi Shoes Co., Ltd, Fujian, China. Mr. Ding has over 20 years of experience in China's sportswear industry. He is Deputy Vice President of the Quanzhou Footwear Association and the Jinjiang Footwear Manufacturers Association and honorary Captain of the China Administration Centre of Weightlifting, Wrestling and Judo, Fujian Gymnastics Sports Management Centre and the China Trampoline Team.
Insufficient data for Siliang to compare compensation growth.
Siliang's remuneration is lower than average for companies of similar size in Germany.
Chairman of the Management Board and Chief Executive Officer
Chief Financial Officer and Member of The Management Board
Chief Sales & Marketing Officer and Member of the Management Board
Introducing Ming Le Sports (FRA:ML2), The Stock That Collapsed 99%
While not a mind-blowing move, it is good to see that the Ming Le Sports AG (FRA:ML2) share price has gained 17% in the last three months. … With zero revenue generated over twelve months, we Ming Le Sports has proved its business plan yet. … Investors will be hoping that Ming Le Sports can make progress and gain better traction for the business, before it runs low on cash.
Does Ming Le Sports AG's (FRA:ML2) -10.60% Earnings Drop Reflect A Longer Term Trend?
Check out our latest analysis for Ming Le Sports Despite a decline, did ML2 underperform the long-term trend and the industry? … For Ming Le Sports, its most recent trailing-twelve-month earnings is €50.91M, which, relative to last year’s figure, has dropped by -10.60%. … Revenue growth in the past couple of years, has been positive, however, earnings growth has not been able to catch up, meaning Ming Le Sports has been ramping up its expenses by a lot more.
Ming Le Sports AG, a sportswear company, designs, develops, manufactures, and sells footwear, apparel, accessories, and equipment for men and women in the People’s Republic of China. The company’s footwear products include running, basketball, tennis, skateboard, canvas, casual, and outdoor shoes; and apparel products comprise basketball, tennis, and other leisure sportswear apparel. It also offers sports accessories and equipment. The company sells its products under the Ming Le brand through a network of distributors to retail outlets. Ming Le Sports AG is based in Bad Vilbel, Germany.
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