China Return On Equity from 2010 to 2024

CAAS Stock  USD 4.35  0.01  0.23%   
China Automotive Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to 0.10 in 2024. Return On Equity is a measure of the profitability of China Automotive Systems in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.10932347
Current Value
0.1
Quarterly Volatility
0.15264352
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of China Automotive Systems over the last few years. Return on Equity is the amount of China Automotive Systems net income returned as a percentage of China Automotive equity. Return on equity measures China Automotive profitability by revealing how much profit China Automotive Systems generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. China Automotive's Return On Equity 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.
ViewLast Reported 0.1110 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

China Return On Equity Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation452.11
Mean Deviation0.1
Median0.07
Standard Deviation0.15
Sample Variance0.02
Range0.684
R-Value0.19
Mean Square Error0.02
R-Squared0.03
Significance0.51
Slope0.01
Total Sum of Squares0.33

China Return On Equity History

2024 0.1
2022 0.068
2021 0.0137
2020 -0.0474
2019 0.0241
2018 0.008315
2017 -0.0646

About China Automotive Financial Statements

China Automotive shareholders use historical fundamental indicators, such as Return On Equity, 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 Equity 0.11  0.10 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.