Connect Intangible Assets from 2010 to 2024

CNTB Stock  USD 0.98  0.02  2.00%   
Connect Biopharma's Intangible Assets are increasing over the years with slightly volatile fluctuation. Intangible Assets are expected to dwindle to about 58.9 K. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2010-12-31
Previous Quarter
62 K
Current Value
58.9 K
Quarterly Volatility
1.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Connect Biopharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Connect Biopharma's main balance sheet or income statement drivers, such as Interest Expense of 20.2 K, Other Operating Expenses of 76.5 M or Tax Provision of 114 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.68. Connect financial statements analysis is a perfect complement when working with Connect Biopharma Valuation or Volatility modules.
  
Check out the analysis of Connect Biopharma Correlation against competitors.

Latest Connect Biopharma's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Connect Biopharma Holdings over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Connect Biopharma's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Connect Biopharma's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Connect Intangible Assets Regression Statistics

Arithmetic Mean497,126
Geometric Mean93,054
Coefficient Of Variation235.75
Mean Deviation768,726
Median52,390
Standard Deviation1,171,960
Sample Variance1.4T
Range3.5M
R-Value0.41
Mean Square Error1.2T
R-Squared0.17
Significance0.13
Slope106,749
Total Sum of Squares19.2T

Connect Intangible Assets History

202458.9 K
202362 K
20223.2 M
20213.5 M

About Connect Biopharma Financial Statements

Connect Biopharma stakeholders use historical fundamental indicators, such as Connect Biopharma's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Connect Biopharma investors may analyze each financial statement separately, they are all interrelated. For example, changes in Connect Biopharma's assets and liabilities are reflected in the revenues and expenses on Connect Biopharma's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Connect Biopharma Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets62 K58.9 K

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When determining whether Connect Biopharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Connect Biopharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Connect Biopharma Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Connect Biopharma Holdings Stock:
Check out the analysis of Connect Biopharma Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Connect Biopharma. If investors know Connect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Connect Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
0.438
Return On Assets
(0.12)
Return On Equity
(0.18)
The market value of Connect Biopharma is measured differently than its book value, which is the value of Connect that is recorded on the company's balance sheet. Investors also form their own opinion of Connect Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Connect Biopharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Connect Biopharma's market value can be influenced by many factors that don't directly affect Connect Biopharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Connect Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Connect Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Connect Biopharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.