Millennium Group International Holdings Limited

Millennium Group International Holdings Limitedverified

MGIH

Price:

$1.73

Market Cap:

$19.46M

Millennium Group International Holdings Limited, an investment holding company, provides paper-based packaging solutions in Mainland China, Hong Kong, Vietnam, rest of Southeast Asian countries, Australia, the United States, and internationally. The company offers paper packaging products, including cardboard boxes, gift boxes, displays, corrugated outer cartons, manuals, and user guides to footwear products, sportswear, cookware and kitchenware, smartphones, food and beverage, paper and packaging, non-food-and-beverage-consumables, logistics, e-commerce, and home electronics industries; and packaging solutions to various luxury products industries. It also provides packaging products supply...[Read more]

Industry

Packaging & Containers

IPO Date

2023-04-04

Stock Exchange

NASDAQ

Ticker

MGIH

The ROE as of September 2024 (TTM) for Millennium Group International Holdings Limited (MGIH) is -5.55%

According to Millennium Group International Holdings Limited’s latest financial reports and current stock price. The company's current ROE is -5.55%. This represents a change of -1122.33% compared to the average of 0.54% of the last 4 quarters.

Millennium Group International Holdings Limited (MGIH) Historical ROE (quarterly & annually)

How has MGIH ROE performed in the past?

The mean historical ROE of Millennium Group International Holdings Limited over the last ten years is 9.38%. The current -5.55% ROE has changed -159.18% with respect to the historical average. Over the past ten years (40 quarters), MGIH's ROE was at its highest in in the December 2021 quarter at 5.93%. The ROE was at its lowest in in the June 2023 quarter at -3.31%.

Quarterly (TTM)
Annual

Average

9.38%

Median

11.09%

Minimum

-0.89%

Maximum

16.23%

Millennium Group International Holdings Limited (MGIH) ROE by Quarter and Year

Discovering the peaks and valleys of Millennium Group International Holdings Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 16.23%

Minimum Annual Increase = -108.72%

Minimum Annual ROE = -0.89%

Quarterly (TTM)
Annual
YearROEChange
2023-0.89%-108.72%
202210.17%-15.36%
202112.02%-25.97%

Millennium Group International Holdings Limited (MGIH) Average ROE

How has MGIH ROE performed in the past?

The current ROE of Millennium Group International Holdings Limited (MGIH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.10%

5-year avg

9.38%

10-year avg

9.38%

Millennium Group International Holdings Limited (MGIH) ROE vs. Peers

How is MGIH’s ROE compared to its peers?

Millennium Group International Holdings Limited’s ROE is

CompanyROEMarket cap

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