Futuretech Tangible Book Value Per Share from 2010 to 2024

FTIIU Stock  USD 11.05  0.00  0.00%   
Futuretech Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share will likely drop to 3.24 in 2024. From the period from 2010 to 2024, Futuretech Tangible Book Value Per Share quarterly data regression had r-value of  0.61 and coefficient of variation of  221.50. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
4.47092575
Current Value
3.24
Quarterly Volatility
2.28972327
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Futuretech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Futuretech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 805.8 K or Selling General Administrative of 905.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.31. Futuretech financial statements analysis is a perfect complement when working with Futuretech Valuation or Volatility modules.
  
Check out the analysis of Futuretech Correlation against competitors.

Latest Futuretech's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Futuretech II Acquisition over the last few years. It is Futuretech's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Futuretech's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Futuretech Tangible Book Value Per Share Regression Statistics

Arithmetic Mean1.03
Geometric Mean0.03
Coefficient Of Variation221.50
Mean Deviation1.64
Median0.01
Standard Deviation2.29
Sample Variance5.24
Range7.6675
R-Value0.61
Mean Square Error3.53
R-Squared0.37
Significance0.02
Slope0.31
Total Sum of Squares73.40

Futuretech Tangible Book Value Per Share History

2024 3.24
2023 4.47
2022 7.68

About Futuretech Financial Statements

Futuretech shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Futuretech investors may analyze each financial statement separately, they are all interrelated. The changes in Futuretech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Futuretech'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
Tangible Book Value Per Share 4.47  3.24 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Futuretech Stock Analysis

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