Highest Fixed Asset Turnover from 2010 to 2024

HPH Stock   0.34  0.01  3.03%   
Highest Performances' Fixed Asset Turnover is decreasing with slightly volatile movements from year to year. Fixed Asset Turnover is predicted to flatten to 5.39. For the period between 2010 and 2024, Highest Performances, Fixed Asset Turnover quarterly trend regression had mean deviation of  68.64 and range of 185. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.67100926
Current Value
5.39
Quarterly Volatility
73.44563311
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Highest Performances financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Highest Performances' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Tax Provision of 10.4 M or Net Interest Income of 7.6 M, as well as many indicators such as Days Sales Outstanding of 478, Book Value Per Share of 3.3 or Free Cash Flow Yield of 0.41. Highest financial statements analysis is a perfect complement when working with Highest Performances Valuation or Volatility modules.
  
Check out the analysis of Highest Performances Correlation against competitors.

Latest Highest Performances' Fixed Asset Turnover Growth Pattern

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

Highest Fixed Asset Turnover Regression Statistics

Arithmetic Mean92.18
Geometric Mean42.78
Coefficient Of Variation79.67
Mean Deviation68.64
Median151.79
Standard Deviation73.45
Sample Variance5,394
Range185
R-Value(0.83)
Mean Square Error1,816
R-Squared0.69
Significance0.0001
Slope(13.62)
Total Sum of Squares75,520

Highest Fixed Asset Turnover History

2024 5.39
2023 5.67
2022 54.79
2021 4.5
2020 4.51
2019 4.83
2018 50.81

About Highest Performances Financial Statements

Investors use fundamental indicators, such as Highest Performances' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Highest Performances' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.67  5.39 

Currently Active Assets on Macroaxis

When determining whether Highest Performances offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highest Performances' 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 Highest Performances Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highest Performances Holdings Stock:
Check out the analysis of Highest Performances Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Asset Management & Custody Banks 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 Highest Performances. If investors know Highest 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 Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Revenue Per Share
1.32
Quarterly Revenue Growth
(0.48)
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' 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 Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' 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 Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' 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.