Lakeside Asset Turnover from 2010 to 2024

LSH Stock   3.24  0.70  27.56%   
Lakeside Holding's Asset Turnover is increasing with stable movements from year to year. Asset Turnover is predicted to flatten to 1.62. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Lakeside Holding Limited uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.99212912
Current Value
1.62
Quarterly Volatility
0.14488696
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lakeside Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lakeside Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 162.5 K, Interest Expense of 110.5 K or Selling General Administrative of 2.8 M, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0 or PTB Ratio of 34.83. Lakeside financial statements analysis is a perfect complement when working with Lakeside Holding Valuation or Volatility modules.
  
Check out the analysis of Lakeside Holding Correlation against competitors.

Latest Lakeside Holding's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Lakeside Holding Limited 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. Lakeside Holding's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lakeside Holding's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Pretty Stable
   Asset Turnover   
       Timeline  

Lakeside Asset Turnover Regression Statistics

Arithmetic Mean1.83
Geometric Mean1.82
Coefficient Of Variation7.92
Mean Deviation0.08
Median1.80
Standard Deviation0.14
Sample Variance0.02
Range0.6671
R-Value0.27
Mean Square Error0.02
R-Squared0.07
Significance0.34
Slope0.01
Total Sum of Squares0.29

Lakeside Asset Turnover History

2024 1.62
2023 1.99
2022 2.29

Other Fundumenentals of Lakeside Holding

Lakeside Holding Asset Turnover component correlations

0.670.86-0.170.99-0.971.00.980.820.850.95-0.79-0.911.00.94-0.96
0.670.210.590.55-0.810.710.50.970.230.87-0.58-0.420.640.63-0.64
0.860.21-0.650.92-0.740.820.940.440.990.66-0.74-0.960.890.86-0.87
-0.170.59-0.65-0.31-0.02-0.09-0.360.37-0.650.140.230.48-0.22-0.240.24
0.990.550.92-0.31-0.920.981.00.730.910.89-0.77-0.940.990.93-0.95
-0.97-0.81-0.74-0.02-0.92-0.97-0.9-0.93-0.75-0.990.850.86-0.96-0.950.96
1.00.710.82-0.090.98-0.970.960.840.80.96-0.75-0.870.990.91-0.93
0.980.50.94-0.361.0-0.90.960.680.920.86-0.75-0.950.980.92-0.93
0.820.970.440.370.73-0.930.840.680.470.95-0.74-0.630.80.81-0.81
0.850.230.99-0.650.91-0.750.80.920.470.66-0.81-0.980.880.89-0.89
0.950.870.660.140.89-0.990.960.860.950.66-0.76-0.780.930.89-0.9
-0.79-0.58-0.740.23-0.770.85-0.75-0.75-0.74-0.81-0.760.89-0.83-0.950.93
-0.91-0.42-0.960.48-0.940.86-0.87-0.95-0.63-0.98-0.780.89-0.94-0.960.97
1.00.640.89-0.220.99-0.960.990.980.80.880.93-0.83-0.940.96-0.97
0.940.630.86-0.240.93-0.950.910.920.810.890.89-0.95-0.960.96-1.0
-0.96-0.64-0.870.24-0.950.96-0.93-0.93-0.81-0.89-0.90.930.97-0.97-1.0
Click cells to compare fundamentals

About Lakeside Holding Financial Statements

Investors use fundamental indicators, such as Lakeside Holding's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Lakeside Holding's 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 4.75  3.23 
Asset Turnover 1.99  1.62 

Currently Active Assets on Macroaxis

When determining whether Lakeside Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeside Holding's 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 Lakeside Holding Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeside Holding Limited Stock:
Check out the analysis of Lakeside Holding Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Marine Transportation 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 Lakeside Holding. If investors know Lakeside 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 Lakeside Holding 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
(1.00)
Earnings Share
(0.17)
Revenue Per Share
3.053
Quarterly Revenue Growth
0.17
Return On Assets
(0.04)
The market value of Lakeside Holding is measured differently than its book value, which is the value of Lakeside that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeside Holding's value that differs from its market value or its book value, called intrinsic value, which is Lakeside Holding'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 Lakeside Holding's market value can be influenced by many factors that don't directly affect Lakeside Holding'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 Lakeside Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeside Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeside Holding'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.