Chijet Return On Tangible Assets from 2010 to 2024

CJET Stock   2.14  0.18  9.18%   
Chijet Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets will likely drop to -0.26 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
(0.24)
Current Value
(0.26)
Quarterly Volatility
0.07937432
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chijet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chijet's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 647 K or Depreciation And Amortization of 38.4 M, as well as many indicators such as Price To Sales Ratio of 11.43, Dividend Yield of 0.0 or Days Sales Outstanding of 1.8 K. Chijet financial statements analysis is a perfect complement when working with Chijet Valuation or Volatility modules.
  
Check out the analysis of Chijet Correlation against competitors.

Latest Chijet's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Chijet Motor Company, over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Chijet's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chijet'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  

Chijet Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.08)
Coefficient Of Variation(95.66)
Mean Deviation0.06
Median(0.04)
Standard Deviation0.08
Sample Variance0.01
Range0.2161
R-Value(0.71)
Mean Square Error0
R-Squared0.51
Significance0
Slope(0.01)
Total Sum of Squares0.09

Chijet Return On Tangible Assets History

2024 -0.26
2023 -0.24
2022 -0.2
2021 -0.0581

About Chijet Financial Statements

Chijet shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Chijet investors may analyze each financial statement separately, they are all interrelated. The changes in Chijet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Chijet'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 Tangible Assets(0.24)(0.26)

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Additional Tools for Chijet Stock Analysis

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