$MGIH
Millennium Group International Holdings Ltd Stock $mgih

$mgih Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 20-F Financial Statement

#000121390023081558 Filed on October 30, 2023

Income Statement

Concept	2023 Q2	2023	2022 Q2
Revenue	$45.60M	$45.60M	$66.23M
YoY Change	-31.15%	-31.15%	2.58%
Cost Of Revenue	$36.53M	$36.53M	$49.96M
YoY Change	-26.88%	-26.88%	5.82%
Gross Profit	$9.064M	$9.064M	$16.27M
YoY Change	-44.29%	-44.29%	-6.24%
Gross Profit Margin	19.88%	19.88%	24.57%
Selling, General & Admin	$10.15M	$10.15M	$10.74M
YoY Change	-5.48%	-5.48%	-12.39%
% of Gross Profit	111.94%	111.94%	65.98%
Research & Development		$240.0K
YoY Change
% of Gross Profit		2.65%
Depreciation & Amortization	$850.0K	$1.702M	$1.141M
YoY Change	-25.52%	-12.07%	-46.54%
% of Gross Profit	9.38%	18.78%	7.01%
Operating Expenses	$10.15M	$10.15M	$10.74M
YoY Change	-5.48%	-5.48%	-12.39%
Operating Profit	-$1.082M	-$1.082M	$5.536M
YoY Change	-119.55%	-119.55%	8.54%
Interest Expense	-$684.4K	$684.4K	-$425.8K
YoY Change	60.73%	-260.73%	-4.26%
% of Operating Profit			-7.69%
Other Income/Expense, Net	$1.335M	$650.9K	-$135.3K
YoY Change	-1087.21%	-581.25%	-28.66%
Pretax Income	-$431.4K	-$431.4K	$4.975M
YoY Change	-108.67%	-108.67%	11.39%
Income Tax	-$77.30K	-$77.30K	$897.2K
% Of Pretax Income			18.04%
Net Earnings	-$354.1K	-$354.1K	$4.077M
YoY Change	-108.68%	-108.68%	11.23%
Net Earnings / Revenue	-0.78%	-0.78%	6.16%
Basic Earnings Per Share		-$0.03
Diluted Earnings Per Share	-$0.03	-$0.03	$0.36
COMMON SHARES
Basic Shares Outstanding	11.25M shares	10.30M shares
Diluted Shares Outstanding		10.30M shares

Balance Sheet

Concept	2023 Q2	2023	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$27.58M	$27.82M	$18.90M
YoY Change	45.96%	47.23%
Cash & Equivalents	$27.58M	$27.58M	$18.85M
Short-Term Investments		$240.0K	$47.06K
Other Short-Term Assets	$1.000M	$550.0K	$1.442M
YoY Change	-30.64%	-61.85%
Inventory	$5.559M	$5.560M	$9.820M
Prepaid Expenses
Receivables	$10.31M	$10.31M	$18.07M
Other Receivables	$48.62K	$210.0K	$37.68K
Total Short-Term Assets	$44.45M	$44.45M	$48.26M
YoY Change	-7.9%	-7.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$9.028M	$12.10M	$14.89M
YoY Change	-39.37%	-18.74%
Goodwill
YoY Change
Intangibles	$291.6K		$433.0K
YoY Change	-32.66%
Long-Term Investments
YoY Change
Other Assets	$1.799M	$2.200M	$2.422M
YoY Change	-25.73%	-9.17%
Total Long-Term Assets	$14.59M	$14.59M	$17.75M
YoY Change	-17.77%	-17.78%
TOTAL ASSETS
Total Short-Term Assets	$44.45M	$44.45M	$48.26M
Total Long-Term Assets	$14.59M	$14.59M	$17.75M
Total Assets	$59.04M	$59.04M	$66.01M
YoY Change	-10.55%	-10.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.412M	$3.410M	$5.666M
YoY Change	-39.78%	-39.81%
Accrued Expenses	$160.0K	$1.710M	$3.326M
YoY Change	-95.19%	-48.59%
Deferred Revenue	$117.1K		$74.23K
YoY Change	57.78%
Short-Term Debt	$13.41M	$13.41M	$15.81M
YoY Change	-15.22%	-15.2%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.09M	$19.09M	$25.77M
YoY Change	-25.95%	-25.94%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$40.00K	$40.00K	$146.9K
YoY Change	-72.78%	-72.78%
Total Long-Term Liabilities	$37.99K	$40.00K	$146.9K
YoY Change	-74.14%	-72.78%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.09M	$19.09M	$25.77M
Total Long-Term Liabilities	$37.99K	$40.00K	$146.9K
Total Liabilities	$19.12M	$19.12M	$25.92M
YoY Change	-26.22%	-26.24%
SHAREHOLDERS EQUITY
Retained Earnings	$8.272M		$8.646M
YoY Change	-4.33%
Common Stock	$34.38M		$31.12M
YoY Change	10.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$39.92M	$39.92M	$40.09M
YoY Change
Total Liabilities & Shareholders Equity	$59.04M	$59.04M	$66.01M
YoY Change	-10.55%	-10.56%

Cashflow Statement

Concept	2023 Q2	2023	2022 Q2
OPERATING ACTIVITIES
Net Income	-$354.1K	-$354.1K	$4.077M
YoY Change	-108.68%	-108.68%	11.23%
Depreciation, Depletion And Amortization	$850.0K	$1.702M	$1.141M
YoY Change	-25.52%	-12.07%	-46.54%
Cash From Operating Activities	-$1.730M	$8.110M	$1.093M
YoY Change	-258.34%	297.62%	-79.54%
INVESTING ACTIVITIES
Capital Expenditures	$50.00K	$186.6K	$397.4K
YoY Change	-87.42%	-65.49%	-67.61%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$2.278M
YoY Change	-100.0%	-100.0%	-1051.67%
Cash From Investing Activities	-$50.00K	-$216.5K	$1.880M
YoY Change	-102.66%	-110.47%	-228.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$4.227M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	4.150M	$1.799M	-5.664M
YoY Change	-173.27%	-132.22%	-22.51%
NET CHANGE
Cash From Operating Activities	-1.730M	$8.110M	1.093M
Cash From Investing Activities	-50.00K	-$216.5K	1.880M
Cash From Financing Activities	4.150M	$1.799M	-5.664M
Net Change In Cash	2.370M	$8.129M	-2.691M
YoY Change	-188.06%	-650.28%	-21.66%
FREE CASH FLOW
Cash From Operating Activities	-$1.730M	$8.110M	$1.093M
Capital Expenditures	$50.00K	$186.6K	$397.4K
Free Cash Flow	-$1.780M	$7.923M	$695.2K
YoY Change	-356.04%	428.56%	-83.1%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Document Type DocumentType	20-F
CY2023	dei	Document Registration Statement DocumentRegistrationStatement	false
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-06-30
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-41568
CY2023	dei	Entity Registrant Name EntityRegistrantName	Millennium Group International Holdings Limited
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	E9
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	Rm 2722, 27/F
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	No.1 Hung To Road
CY2023	dei	Entity Address Address Line3 EntityAddressAddressLine3	Kwun Tong
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Kowloon
CY2023	dei	Entity Address Country EntityAddressCountry	HK
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	999077
CY2023	dei	Security12b Title Security12bTitle	Ordinary shares, par value $0.002 per share
CY2023	dei	Trading Symbol TradingSymbol	MGIH
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11250000	shares
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023	dei	Auditor Name AuditorName	WWC, P.C.
CY2023	dei	Auditor Firm AuditorFirmId	1171
CY2023	dei	Auditor Location AuditorLocation	San Mateo, California
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27576622	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18849049	usd
CY2022Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	598402	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10313371	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	18069511	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1001694	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	927987	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	5559282	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	9819633	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	44450969	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	48264582	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9027615	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10813200	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	3076855	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4076816	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	291559	usd
CY2022Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	432972	usd
CY2023Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	397212	usd
CY2022Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	313315	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1798927	usd
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2108914	usd
CY2023Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	14592168	usd
CY2022Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	17745217	usd
CY2023Q2	us-gaap	Assets Assets	59043137	usd
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CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	3411605	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	5665636	usd
CY2023Q2	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	2105028	usd
CY2022Q2	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	3169289	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	157489	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	772534	usd
CY2023Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	13405816	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	15813022	usd
CY2023Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	6405	usd
CY2022Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	354352	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	19086343	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	25774833	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	37992	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	146927	usd
CY2023Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	37992	usd
CY2022Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	146927	usd
CY2023Q2	us-gaap	Liabilities Liabilities	19124335	usd
CY2022Q2	us-gaap	Liabilities Liabilities	25921760	usd
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.002
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.002
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	125000000	shares
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11250000	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11250000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10000000	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10000000	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	22500	usd
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	20000	usd
CY2023Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	34361149	usd
CY2022Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	31101897	usd
CY2023Q2	mgih	Statutory Reserve StatutoryReserve	1049119	usd
CY2022Q2	mgih	Statutory Reserve StatutoryReserve	1029144	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3785555	usd
CY2022Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-708677	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8271589	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8645675	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	39918802	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	40088039	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	59043137	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	66009799	usd
CY2023	us-gaap	Revenues Revenues	45598620	usd
CY2022	us-gaap	Revenues Revenues	66232757	usd
CY2021	us-gaap	Revenues Revenues	64565269	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	36534358	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	49961793	usd
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	47211911	usd
CY2023	us-gaap	Gross Profit GrossProfit	9064262	usd
CY2022	us-gaap	Gross Profit GrossProfit	16270964	usd
CY2021	us-gaap	Gross Profit GrossProfit	17353358	usd
CY2023	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	4875650	usd
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CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-1082354	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	5535582	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	5100234	usd
CY2023	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1366394	usd
CY2022	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	99006	usd
CY2021	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	471899	usd
CY2023	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	31095	usd
CY2022	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	234269	usd
CY2021	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	661492	usd
CY2023	us-gaap	Interest Expense InterestExpense	684358	usd
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CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-634340	usd
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CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	4974528	usd
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CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10301370	shares
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CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10000000	shares
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	24638747	usd
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CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1702331	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1936061	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2134522	usd
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	133218	usd
CY2022	us-gaap	Asset Impairment Charges AssetImpairmentCharges	71143	usd
CY2021	us-gaap	Asset Impairment Charges AssetImpairmentCharges	-4667	usd
CY2023	mgih	Reversal Of Allowance Allowance For Bad Debts ReversalOfAllowanceAllowanceForBadDebts	-116846	usd
CY2022	mgih	Reversal Of Allowance Allowance For Bad Debts ReversalOfAllowanceAllowanceForBadDebts	10450	usd
CY2021	mgih	Reversal Of Allowance Allowance For Bad Debts ReversalOfAllowanceAllowanceForBadDebts	-1738	usd
CY2023	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1949	usd
CY2023	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	106103	usd
CY2022	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	68194	usd
CY2021	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	3868	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-6690275	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1388981	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1376774	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	476360	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	951573	usd
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-555605	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-3408444	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	633043	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1437696	usd
CY2022	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	-378726	usd
CY2021	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	151522	usd
CY2023	mgih	Increase Decrease In Rightofuse Assets IncreaseDecreaseInRightofuseAssets	-777309	usd
CY2022	mgih	Increase Decrease In Rightofuse Assets IncreaseDecreaseInRightofuseAssets	-840151	usd
CY2021	mgih	Increase Decrease In Rightofuse Assets IncreaseDecreaseInRightofuseAssets	-1011493	usd
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-683205	usd
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-740604	usd
CY2021	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	1534554	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1586850	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	1384898	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-443378	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-226444	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-1188273	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	400468	usd
CY2023	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-342621	usd
CY2022	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	354863	usd
CY2023	mgih	Related Party Balances Trade Nature RelatedPartyBalancesTradeNature	707311	usd
CY2022	mgih	Related Party Balances Trade Nature RelatedPartyBalancesTradeNature	2043395	usd
CY2021	mgih	Related Party Balances Trade Nature RelatedPartyBalancesTradeNature	542054	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8109777	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2039600	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5340755	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	186565	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	510780	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	808302	usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	41301	usd
CY2021	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	364778	usd
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	29955	usd
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	29808	usd
CY2021	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	418405	usd
CY2022	us-gaap	Proceeds From Payments For Long Term Loans For Related Parties ProceedsFromPaymentsForLongTermLoansForRelatedParties	2567531	usd
CY2021	us-gaap	Proceeds From Payments For Long Term Loans For Related Parties ProceedsFromPaymentsForLongTermLoansForRelatedParties	-604120	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-216520	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2068244	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1466049	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4227000	usd
CY2023	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	18662822	usd
CY2022	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	27289939	usd
CY2021	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	19357846	usd
CY2023	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	16235091	usd
CY2022	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	26425399	usd
CY2021	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	17493981	usd
CY2022	us-gaap	Payments Of Dividends PaymentsOfDividends	8863135	usd
CY2022	mgih	Recapitalization Dividends Reinjected As Additional Paidin Capital RecapitalizationDividendsReinjectedAsAdditionalPaidinCapital	-8863135	usd
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1864965	usd
CY2022	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	2855605	usd
CY2021	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt	5446236	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1799269	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5585110	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7310101	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1563355	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-345360	usd
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1302751	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	8129171	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1822626	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3435395	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19447451	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	21270077	usd
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23402721	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27576622	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	19447451	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	21270077	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	684358	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	429976	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	466964	usd
CY2023	us-gaap	Income Taxes Paid IncomeTaxesPaid	614026	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	516793	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	841463	usd
CY2022	mgih	Waiver Of Amounts Due To Shareholders WaiverOfAmountsDueToShareholders	6614563	usd
CY2021	mgih	Waiver Of Amounts Due To Shareholders WaiverOfAmountsDueToShareholders	8452119	usd
CY2021	mgih	Deemed Distribution DeemedDistribution	-8452119	usd
CY2022	mgih	Recapitalization Transfer Out Of Retained Earnings RecapitalizationTransferOutOfRetainedEarnings	-6973182	usd
CY2021	mgih	Recapitalization Transfer Out Of Retained Earnings RecapitalizationTransferOutOfRetainedEarnings	-8863135	usd
CY2022	mgih	Recapitalization Transfer Into Additional Paid In Capital RecapitalizationTransferIntoAdditionalPaidInCapital	6973182	usd
CY2021	mgih	Recapitalization Transfer Into Additional Paid In Capital RecapitalizationTransferIntoAdditionalPaidInCapital	8863135	usd
CY2023	mgih	Prepaid Offering Costs Net Off With Additional Paidin Capital PrepaidOfferingCostsNetOffWithAdditionalPaidinCapital	515952	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	186909	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Use of estimates and assumptions</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, significant accounting estimates reflected in the Company’s consolidated financial statements include useful lives of property, plant and equipment, impairment of long-lived assets, allowance for doubtful accounts, provision for contingent liabilities, deferred taxes and uncertain tax position. Actual results could differ from these estimates.</p>
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	70345	usd
CY2023Q2	us-gaap	Finite Lived Intangible Asset Useful Life FiniteLivedIntangibleAssetUsefulLife	P5Y
CY2023Q2	us-gaap	Lessee Finance Lease Remaining Lease Term LesseeFinanceLeaseRemainingLeaseTerm	P50Y
CY2023	us-gaap	Retail Land Sales Installment Method Total Cost Of Sale RetailLandSalesInstallmentMethodTotalCostOfSale	1798927	usd
CY2022	us-gaap	Retail Land Sales Installment Method Total Cost Of Sale RetailLandSalesInstallmentMethodTotalCostOfSale	1592962	usd
CY2020Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	102476000000	vuv
CY2020Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4455000	usd
CY2023	mgih	Net Profit Reserve Fund Percentage NetProfitReserveFundPercentage	0.10	pure
CY2023	mgih	Registered Capital Percentage RegisteredCapitalPercentage	0.50	pure
CY2023	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.05	pure
CY2023	us-gaap	Other Income OtherIncome	27796	usd
CY2023	mgih	Fund Scheme FundScheme	1205697	usd
CY2022	mgih	Fund Scheme FundScheme	1090943	usd
CY2021	mgih	Fund Scheme FundScheme	1056894	usd
CY2023	mgih	Value Added Tax Rate ValueAddedTaxRate	0.13	pure
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	pure
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27576622	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	18849049	usd
CY2022Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	598402	usd
CY2023Q2	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	10383716	usd
CY2022Q2	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	18256420	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	70345	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	186909	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10313371	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	18069511	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	186909	usd
CY2021Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	228413	usd
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	116846	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	509	usd
CY2023	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	3653	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	36333	usd
CY2023	mgih	Allowance For Doubtful Accounts Receivable Foreign Currency Exchange Effect AllowanceForDoubtfulAccountsReceivableForeignCurrencyExchangeEffect	3935	usd
CY2022	mgih	Allowance For Doubtful Accounts Receivable Foreign Currency Exchange Effect AllowanceForDoubtfulAccountsReceivableForeignCurrencyExchangeEffect	-4662	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	70345	usd
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	186909	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10313371	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	18069511	usd
CY2019Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	3733913	usd
CY2023Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	552458	usd
CY2022Q2	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	843249	usd
CY2023Q2	us-gaap	Deposit Assets DepositAssets	238481	usd
CY2022Q2	us-gaap	Deposit Assets DepositAssets	47057	usd
CY2023Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	48615	usd
CY2022Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	37681	usd
CY2023Q2	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	162140	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1001694	usd
CY2022Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	927987	usd
CY2023Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	4167531	usd
CY2022Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	7447022	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	518352	usd
CY2022Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	976246	usd
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1606296	usd
CY2022Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2052148	usd
CY2023Q2	us-gaap	Inventory Gross InventoryGross	6292179	usd
CY2022Q2	us-gaap	Inventory Gross InventoryGross	10475416	usd
CY2023Q2	us-gaap	Inventory Adjustments InventoryAdjustments	732897	usd
CY2022Q2	us-gaap	Inventory Adjustments InventoryAdjustments	655783	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	5559282	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	9819633	usd
CY2022Q2	us-gaap	Inventory Adjustments InventoryAdjustments	655783	usd
CY2021Q2	us-gaap	Inventory Adjustments InventoryAdjustments	613831	usd
CY2023	mgih	Inventory Addition InventoryAddition	133218	usd
CY2022	mgih	Inventory Addition InventoryAddition	71143	usd
CY2022	us-gaap	Inventory Write Down InventoryWriteDown	-4470	usd
CY2023	mgih	Inventory Foreign Currency Exchange Effect InventoryForeignCurrencyExchangeEffect	56104	usd
CY2022	mgih	Inventory Foreign Currency Exchange Effect InventoryForeignCurrencyExchangeEffect	33661	usd
CY2023Q2	us-gaap	Inventory Adjustments InventoryAdjustments	732897	usd
CY2022Q2	us-gaap	Inventory Adjustments InventoryAdjustments	655783	usd
CY2023Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	28546090	usd
CY2022Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	30086952	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	19518475	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	19273752	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	9027615	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10813200	usd
CY2023	us-gaap	Depreciation Depreciation	1556069	usd
CY2022	us-gaap	Depreciation Depreciation	1792022	usd
CY2021	us-gaap	Depreciation Depreciation	1901586	usd
CY2023Q2	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.0425	pure
CY2019Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	31890	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	3076855	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	4076816	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	157489	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	772534	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	37992	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	146927	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	195481	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	919461	usd
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	790417	usd
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	814377	usd
CY2021	us-gaap	Operating Lease Cost OperatingLeaseCost	487298	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	160979	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	26038	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	13397	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	200414	usd
CY2023Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	4933	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	195481	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0475	pure
CY2023Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	13405816	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	15813022	usd
CY2023Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	13405816	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	15813022	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	13405816	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	13405816	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	13405816	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	13405816	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	15813022	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	15813022	usd
CY2022Q2	us-gaap	Long Term Debt LongTermDebt	15813022	usd
CY2022Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	15813022	usd
CY2023Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	13405816	usd
CY2022Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	15813022	usd
CY2023Q2	us-gaap	Cash Cash	4004549	usd
CY2022Q2	us-gaap	Cash Cash	3081883	usd
CY2023	us-gaap	Interest Expense Debt InterestExpenseDebt	684358	usd
CY2022	us-gaap	Interest Expense Debt InterestExpenseDebt	403862	usd
CY2022Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	598402	usd
CY2021	mgih	Increase In Amount Due To Shareholders Amount IncreaseInAmountDueToShareholdersAmount	1700000	usd
CY2021	mgih	Decrease In Due To Shareholders Amount DecreaseInDueToShareholdersAmount	2450000	usd
CY2020Q4	mgih	Carried Amount Due From Shareholders CarriedAmountDueFromShareholders	260000	usd
CY2022Q1	us-gaap	Dividends Dividends	7000000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	117128	usd
CY2022Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	74233	usd
CY2023Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	849386	usd
CY2022Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	923461	usd
CY2023Q2	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	434017	usd
CY2022Q2	us-gaap	Accounts Payable Other Current AccountsPayableOtherCurrent	541635	usd
CY2023Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	704497	usd
CY2022Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1629960	usd
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$MGIH
Millennium Group International Holdings Ltd Stock $mgih

2023 Q2 Form 20-F Financial Statement

#000121390023081558 Filed on October 30, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGIH Millennium Group International Holdings Ltd Stock $mgih

2023 Q2 Form 20-F Financial Statement

#000121390023081558 Filed on October 30, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MGIH
Millennium Group International Holdings Ltd Stock $mgih