HCW Asset Turnover from 2010 to 2024

HCWB Stock  USD 0.77  0.06  8.45%   
HCW Biologics' Asset Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Asset Turnover is expected to go to 0.19 this year. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently HCW Biologics uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.0996643
Current Value
0.19
Quarterly Volatility
0.05840987
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HCW Biologics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HCW Biologics' main balance sheet or income statement drivers, such as Interest Income of 610.2 K, Depreciation And Amortization of 717.9 K or Interest Expense of 201.3 K, as well as many indicators such as Price To Sales Ratio of 30.12, Dividend Yield of 0.0272 or PTB Ratio of 3.12. HCW financial statements analysis is a perfect complement when working with HCW Biologics Valuation or Volatility modules.
  
Check out the analysis of HCW Biologics Correlation against competitors.
For information on how to trade HCW Stock refer to our How to Trade HCW Stock guide.

Latest HCW Biologics' Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of HCW Biologics over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. HCW Biologics' Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HCW Biologics' overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

HCW Asset Turnover Regression Statistics

Arithmetic Mean0.23
Geometric Mean0.22
Coefficient Of Variation24.99
Mean Deviation0.05
Median0.27
Standard Deviation0.06
Sample Variance0
Range0.1666
R-Value(0.72)
Mean Square Error0
R-Squared0.52
Significance0
Slope(0.01)
Total Sum of Squares0.05

HCW Asset Turnover History

2024 0.19
2023 0.0997
2021 0.14

Other Fundumenentals of HCW Biologics

HCW Biologics Asset Turnover component correlations

0.910.93-0.14-0.710.390.590.980.83-0.850.680.940.560.9-0.990.6-0.3-0.35
0.910.71-0.48-0.37-0.010.210.890.98-0.630.910.760.180.65-0.880.660.040.05
0.930.710.2-0.880.680.80.940.59-0.960.380.970.750.99-0.940.38-0.49-0.61
-0.14-0.480.2-0.510.810.58-0.15-0.64-0.19-0.790.090.490.260.1-0.69-0.64-0.81
-0.71-0.37-0.88-0.51-0.91-0.98-0.7-0.230.830.01-0.87-0.94-0.940.73-0.210.630.82
0.39-0.010.680.81-0.910.950.39-0.18-0.66-0.410.610.890.74-0.43-0.15-0.75-0.94
0.590.210.80.58-0.980.950.590.07-0.79-0.160.770.980.87-0.630.17-0.69-0.87
0.980.890.94-0.15-0.70.390.590.82-0.910.670.950.570.9-0.990.62-0.25-0.32
0.830.980.59-0.64-0.23-0.180.070.82-0.520.970.660.070.53-0.80.750.170.21
-0.85-0.63-0.96-0.190.83-0.66-0.79-0.91-0.52-0.32-0.93-0.76-0.940.89-0.420.450.58
0.680.910.38-0.790.01-0.41-0.160.670.97-0.320.46-0.150.31-0.630.740.330.42
0.940.760.970.09-0.870.610.770.950.66-0.930.460.740.97-0.940.5-0.32-0.48
0.560.180.750.49-0.940.890.980.570.07-0.76-0.150.740.82-0.60.29-0.64-0.8
0.90.650.990.26-0.940.740.870.90.53-0.940.310.970.82-0.920.39-0.53-0.67
-0.99-0.88-0.940.10.73-0.43-0.63-0.99-0.80.89-0.63-0.94-0.6-0.92-0.590.380.41
0.60.660.38-0.69-0.21-0.150.170.620.75-0.420.740.50.290.39-0.590.180.23
-0.30.04-0.49-0.640.63-0.75-0.69-0.250.170.450.33-0.32-0.64-0.530.380.180.92
-0.350.05-0.61-0.810.82-0.94-0.87-0.320.210.580.42-0.48-0.8-0.670.410.230.92
Click cells to compare fundamentals

About HCW Biologics Financial Statements

HCW Biologics stakeholders use historical fundamental indicators, such as HCW Biologics' Asset Turnover, to determine how well the company is positioned to perform in the future. Although HCW Biologics investors may analyze each financial statement separately, they are all interrelated. For example, changes in HCW Biologics' assets and liabilities are reflected in the revenues and expenses on HCW Biologics' 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 HCW Biologics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.14  0.13 
Asset Turnover 0.10  0.19 

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When determining whether HCW Biologics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCW Biologics' 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 Hcw Biologics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hcw Biologics Stock:
Check out the analysis of HCW Biologics Correlation against competitors.
For information on how to trade HCW Stock refer to our How to Trade HCW Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 HCW Biologics. If investors know HCW 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 HCW Biologics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.05)
Revenue Per Share
0.107
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.70)
Return On Equity
(3.44)
The market value of HCW Biologics is measured differently than its book value, which is the value of HCW that is recorded on the company's balance sheet. Investors also form their own opinion of HCW Biologics' value that differs from its market value or its book value, called intrinsic value, which is HCW Biologics' 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 HCW Biologics' market value can be influenced by many factors that don't directly affect HCW Biologics' 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 HCW Biologics' value and its price as these two are different measures arrived at by different means. Investors typically determine if HCW Biologics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCW Biologics' 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.