Lucas Return On Assets from 2010 to 2024

LGCL Stock   0.76  0.37  32.74%   
Lucas GC Return On Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Assets are projected to decrease to 0.14. Return On Assets is a profitability ratio that indicates the percentage of profit Lucas GC Limited earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.26614854
Current Value
0.14
Quarterly Volatility
0.059191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lucas GC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lucas GC's main balance sheet or income statement drivers, such as Interest Income of 64.3 K, Depreciation And Amortization of 4.5 M or Selling General Administrative of 60.4 M, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0 or PTB Ratio of 9.84. Lucas financial statements analysis is a perfect complement when working with Lucas GC Valuation or Volatility modules.
  
Check out the analysis of Lucas GC Correlation against competitors.

Latest Lucas GC's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Lucas GC Limited over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Lucas GC's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lucas GC's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Lucas Return On Assets Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.09
Coefficient Of Variation60.15
Mean Deviation0.05
Median0.07
Standard Deviation0.06
Sample Variance0
Range0.1986
R-Value0.69
Mean Square Error0
R-Squared0.48
Significance0
Slope0.01
Total Sum of Squares0.05

Lucas Return On Assets History

2024 0.14
2023 0.27
2022 0.15
2021 0.17

About Lucas GC Financial Statements

Lucas GC investors utilize fundamental indicators, such as Return On Assets, to predict how Lucas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.27  0.14 

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When determining whether Lucas GC Limited is a strong investment it is important to analyze Lucas GC'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 Lucas GC's future performance. For an informed investment choice regarding Lucas Stock, refer to the following important reports:
Check out the analysis of Lucas GC Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Human Resource & Employment 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 Lucas GC. If investors know Lucas 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 Lucas GC 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
0.459
Revenue Per Share
18.882
Quarterly Revenue Growth
0.41
Return On Assets
0.1588
Return On Equity
0.4974
The market value of Lucas GC Limited is measured differently than its book value, which is the value of Lucas that is recorded on the company's balance sheet. Investors also form their own opinion of Lucas GC's value that differs from its market value or its book value, called intrinsic value, which is Lucas GC'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 Lucas GC's market value can be influenced by many factors that don't directly affect Lucas GC'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 Lucas GC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucas GC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucas GC'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.