Thunder Return On Tangible Assets from 2010 to 2024

AIEV Stock   0.29  0.01  3.33%   
Thunder Power Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02469418
Current Value
0.0259
Quarterly Volatility
7.31711661
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thunder Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thunder Power's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 3.8 M or Selling General Administrative of 548.6 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.74. Thunder financial statements analysis is a perfect complement when working with Thunder Power Valuation or Volatility modules.
  
Check out the analysis of Thunder Power Correlation against competitors.

Latest Thunder Power's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Thunder Power Holdings, over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Thunder Power's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thunder Power's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Thunder Return On Tangible Assets Regression Statistics

Arithmetic Mean(14.12)
Geometric Mean4.21
Coefficient Of Variation(51.82)
Mean Deviation5.66
Median(17.65)
Standard Deviation7.32
Sample Variance53.54
Range17.6802
R-Value0.69
Mean Square Error29.86
R-Squared0.48
Significance0
Slope1.14
Total Sum of Squares749.56

Thunder Return On Tangible Assets History

2024 0.0259
2023 0.0247
2022 0.003997

About Thunder Power Financial Statements

Thunder Power investors use historical fundamental indicators, such as Thunder Power's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Thunder Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.03 

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Additional Tools for Thunder Stock Analysis

When running Thunder Power's price analysis, check to measure Thunder Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thunder Power is operating at the current time. Most of Thunder Power's value examination focuses on studying past and present price action to predict the probability of Thunder Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Power's price. Additionally, you may evaluate how the addition of Thunder Power to your portfolios can decrease your overall portfolio volatility.