CNEY Fixed Asset Turnover from 2010 to 2024

CNEY Stock  USD 0.38  0.04  11.76%   
CN Energy Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.79 in 2024. During the period from 2010 to 2024, CN Energy Fixed Asset Turnover regression line of annual values had r-squared of  0.66 and arithmetic mean of  0.64. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.23
Current Value
0.79
Quarterly Volatility
0.60000236
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CN Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CN Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 860.3 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or PTB Ratio of 0.0682. CNEY financial statements analysis is a perfect complement when working with CN Energy Valuation or Volatility modules.
  
Check out the analysis of CN Energy Correlation against competitors.

Latest CN Energy's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of CN Energy Group over the last few years. It is CN Energy's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CN Energy'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  

CNEY Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.36
Coefficient Of Variation94.10
Mean Deviation0.50
Median0.72
Standard Deviation0.60
Sample Variance0.36
Range1.9131
R-Value0.81
Mean Square Error0.13
R-Squared0.66
Significance0.0002
Slope0.11
Total Sum of Squares5.04

CNEY Fixed Asset Turnover History

2024 0.79
2023 1.23
2022 1.37
2021 2.02
2020 1.04
2019 0.81
2018 0.85

About CN Energy Financial Statements

CN Energy investors use historical fundamental indicators, such as CN Energy's Fixed Asset Turnover, 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 CN Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.23  0.79 

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Additional Tools for CNEY Stock Analysis

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