SCCG Return On Assets from 2010 to 2024

SCCG Stock  USD 21.40  0.12  0.56%   
SCCG's Return On Assets are increasing over the last several years with very volatile swings. Return On Assets are predicted to flatten to 0.02. Return On Assets is a profitability ratio that indicates the percentage of profit SCCG 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
0.02541673
Current Value
0.0241
Quarterly Volatility
227.74472953
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SCCG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SCCG's main balance sheet or income statement drivers, such as Interest Expense of 26 M, Total Revenue of 68 M or Gross Profit of 67.7 M, as well as many indicators such as Price To Sales Ratio of 15.05, Dividend Yield of 20.98 or PTB Ratio of 4.53. SCCG financial statements analysis is a perfect complement when working with SCCG Valuation or Volatility modules.
  
Check out the analysis of SCCG Correlation against competitors.
For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.

Latest SCCG's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of SCCG 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. SCCG's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SCCG's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

SCCG Return On Assets Regression Statistics

Arithmetic Mean104.59
Geometric Mean0.56
Coefficient Of Variation217.75
Mean Deviation167.09
Median0.07
Standard Deviation227.74
Sample Variance51,868
Range730
R-Value0.10
Mean Square Error55,279
R-Squared0.01
Significance0.72
Slope5.18
Total Sum of Squares726,147

SCCG Return On Assets History

2024 0.0241
2023 0.0254
2022 0.45
2021 0.25
2020 0.32
2019 359.21
2018 730.09

About SCCG Financial Statements

SCCG stakeholders use historical fundamental indicators, such as SCCG's Return On Assets, to determine how well the company is positioned to perform in the future. Although SCCG investors may analyze each financial statement separately, they are all interrelated. For example, changes in SCCG's assets and liabilities are reflected in the revenues and expenses on SCCG's 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 SCCG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.02 

Currently Active Assets on Macroaxis

When determining whether SCCG is a strong investment it is important to analyze SCCG'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 SCCG's future performance. For an informed investment choice regarding SCCG Stock, refer to the following important reports:
Check out the analysis of SCCG Correlation against competitors.
For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Trading 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 SCCG. If investors know SCCG 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 SCCG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SCCG is measured differently than its book value, which is the value of SCCG that is recorded on the company's balance sheet. Investors also form their own opinion of SCCG's value that differs from its market value or its book value, called intrinsic value, which is SCCG'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 SCCG's market value can be influenced by many factors that don't directly affect SCCG'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 SCCG's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCCG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCCG'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.