Smart Return On Tangible Assets from 2010 to 2024

CREG Stock  USD 0.68  0.03  4.23%   
Smart Powerr's Return On Tangible Assets are decreasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at -0.0052 this year. 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
(0.01)
Current Value
(0.01)
Quarterly Volatility
7.93557985
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smart Powerr financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart Powerr's main balance sheet or income statement drivers, such as Interest Expense of 174.4 K, Total Revenue of 0.0 or Other Operating Expenses of 758.5 K, as well as many indicators such as Price To Sales Ratio of 4.32, Dividend Yield of 0.0 or PTB Ratio of 0.1. Smart financial statements analysis is a perfect complement when working with Smart Powerr Valuation or Volatility modules.
  
Check out the analysis of Smart Powerr Correlation against competitors.

Latest Smart Powerr's Return On Tangible Assets Growth Pattern

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

Smart Return On Tangible Assets Regression Statistics

Arithmetic Mean2.02
Geometric Mean0.05
Coefficient Of Variation392.03
Mean Deviation3.82
Median(0.01)
Standard Deviation7.94
Sample Variance62.97
Range31.0917
R-Value(0.44)
Mean Square Error54.85
R-Squared0.19
Significance0.10
Slope(0.78)
Total Sum of Squares881.63

Smart Return On Tangible Assets History

2024 -0.005199
2023 -0.005472
2022 -0.032
2021 -0.0798
2020 -0.0238
2019 -0.0708
2018 -0.38

About Smart Powerr Financial Statements

Smart Powerr stakeholders use historical fundamental indicators, such as Smart Powerr's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Smart Powerr investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smart Powerr's assets and liabilities are reflected in the revenues and expenses on Smart Powerr'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 Smart Powerr Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.01)(0.01)

Currently Active Assets on Macroaxis

When determining whether Smart Powerr Corp is a strong investment it is important to analyze Smart Powerr's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart Powerr's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out the analysis of Smart Powerr 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 Environmental & Facilities Services 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 Smart Powerr. If investors know Smart 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 Smart Powerr listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
(0.14)
Revenue Per Share
(0)
Return On Assets
(0)
Return On Equity
(0.01)
The market value of Smart Powerr Corp is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Powerr's value that differs from its market value or its book value, called intrinsic value, which is Smart Powerr'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 Smart Powerr's market value can be influenced by many factors that don't directly affect Smart Powerr'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 Smart Powerr's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Powerr is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Powerr'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.