China Fixed Asset Turnover from 2010 to 2024

CAAS Stock  USD 4.36  0.08  1.80%   
China Automotive Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 3.73 in 2024. From the period from 2010 to 2024, China Automotive Fixed Asset Turnover quarterly data regression had r-value of (0.35) and coefficient of variation of  48.03. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.19471834
Current Value
3.73
Quarterly Volatility
2.60099765
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Automotive's main balance sheet or income statement drivers, such as Interest Expense of 2 M, Other Operating Expenses of 305.6 M or Operating Income of 20.5 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 5.0E-4 or PTB Ratio of 0.27. China financial statements analysis is a perfect complement when working with China Automotive Valuation or Volatility modules.
  
Check out the analysis of China Automotive Correlation against competitors.

Latest China Automotive's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of China Automotive Systems over the last few years. It is China Automotive's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Automotive's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

China Fixed Asset Turnover Regression Statistics

Arithmetic Mean5.42
Geometric Mean4.90
Coefficient Of Variation48.03
Mean Deviation2.09
Median4.59
Standard Deviation2.60
Sample Variance6.77
Range8.5463
R-Value(0.35)
Mean Square Error6.39
R-Squared0.12
Significance0.20
Slope(0.20)
Total Sum of Squares94.71

China Fixed Asset Turnover History

2024 3.73
2023 5.19
2022 4.59
2021 3.8
2020 2.82
2019 2.89
2018 3.43

About China Automotive Financial Statements

China Automotive shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although China Automotive investors may analyze each financial statement separately, they are all interrelated. The changes in China Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses on on China Automotive's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.19  3.73 

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Additional Tools for China Stock Analysis

When running China Automotive's price analysis, check to measure China Automotive'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 China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.