China Return On Assets from 2010 to 2024

CAAS Stock  USD 4.31  0.04  0.92%   
China Automotive Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit China Automotive Systems earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04913366
Current Value
0.0516
Quarterly Volatility
0.12708306
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of China Automotive Systems over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. China Automotive's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

China Return On Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(5,670)
Mean Deviation0.07
Median0.04
Standard Deviation0.13
Sample Variance0.02
Range0.5359
R-Value0.34
Mean Square Error0.02
R-Squared0.12
Significance0.21
Slope0.01
Total Sum of Squares0.23

China Return On Assets History

2024 0.0516
2023 0.0491
2022 0.0297
2021 0.006132
2020 -0.0203
2019 0.0106
2018 0.003442

About China Automotive Financial Statements

China Automotive shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets 0.05  0.05 

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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.