Dada Fixed Asset Turnover from 2010 to 2024

DADA Stock  USD 1.37  0.02  1.48%   
Dada Nexus' Fixed Asset Turnover is increasing over the years with slightly volatile fluctuation. Overall, Fixed Asset Turnover is expected to go to 446.13 this year. From 2010 to 2024 Dada Nexus Fixed Asset Turnover quarterly data regression line had arithmetic mean of  137.25 and r-squared of  0.33. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
424.88979658
Current Value
446.13
Quarterly Volatility
124.2636893
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dada Nexus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dada Nexus' main balance sheet or income statement drivers, such as Interest Income of 76 M, Depreciation And Amortization of 334.4 M or Interest Expense of 766.6 K, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0 or PTB Ratio of 1.16. Dada financial statements analysis is a perfect complement when working with Dada Nexus Valuation or Volatility modules.
  
Check out the analysis of Dada Nexus Correlation against competitors.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.

Latest Dada Nexus' Fixed Asset Turnover Growth Pattern

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

Dada Fixed Asset Turnover Regression Statistics

Arithmetic Mean137.25
Geometric Mean107.86
Coefficient Of Variation90.54
Mean Deviation84.18
Median94.69
Standard Deviation124.26
Sample Variance15,441
Range407
R-Value0.57
Mean Square Error11,136
R-Squared0.33
Significance0.03
Slope15.97
Total Sum of Squares216,181

Dada Fixed Asset Turnover History

2024 446.13
2023 424.89
2022 172.07
2021 60.04
2020 39.11
2019 73.73
2018 85.25

About Dada Nexus Financial Statements

Dada Nexus stakeholders use historical fundamental indicators, such as Dada Nexus' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Dada Nexus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Dada Nexus' assets and liabilities are reflected in the revenues and expenses on Dada Nexus' 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 Dada Nexus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 424.89  446.13 

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When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' 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 Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:
Check out the analysis of Dada Nexus Correlation against competitors.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.
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Is Consumer Staples Distribution & Retail 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.11)
Revenue Per Share
38.775
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.10)
Return On Equity
(0.35)
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.