Solidion Asset Turnover from 2010 to 2024

STI Stock  USD 0.44  0.07  12.92%   
Solidion Technology's Asset Turnover is increasing with slightly volatile movements from year to year. Asset Turnover is predicted to flatten to 0. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Solidion Technology uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.003
Current Value
0.001953
Quarterly Volatility
0.00057128
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Solidion Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solidion Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Interest Expense of 1.5 B or Selling And Marketing Expenses of 923, as well as many indicators such as Price To Sales Ratio of 60.1 K, Dividend Yield of 0.0 or Days Sales Outstanding of 35.1 K. Solidion financial statements analysis is a perfect complement when working with Solidion Technology Valuation or Volatility modules.
  
Check out the analysis of Solidion Technology Correlation against competitors.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.

Latest Solidion Technology's Asset Turnover Growth Pattern

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

Solidion Asset Turnover Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation31.88
Mean Deviation0.0004
Median0
Standard Deviation0.0006
Sample Variance0.00000033
Range0.0018
R-Value0.57
Mean Square Error0.00000024
R-Squared0.33
Significance0.03
Slope0.000073
Total Sum of Squares0.00000457

Solidion Asset Turnover History

2024 0.001953
2023 0.003
2022 0.003333

Other Fundumenentals of Solidion Technology

Solidion Technology Asset Turnover component correlations

1.00.710.950.230.951.00.550.940.12-0.44-0.42-0.460.510.450.41-0.40.39
1.00.690.950.230.950.990.540.940.1-0.46-0.42-0.460.510.450.42-0.40.39
0.710.690.83-0.210.80.740.870.860.14-0.15-0.37-0.410.450.40.36-0.350.35
0.950.950.830.010.970.960.690.99-0.05-0.37-0.44-0.480.530.470.43-0.420.41
0.230.23-0.210.01-0.090.17-0.020.020.080.260.220.23-0.23-0.23-0.230.25-0.17
0.950.950.80.97-0.090.960.570.960.09-0.52-0.47-0.520.570.510.47-0.450.44
1.00.990.740.960.170.960.570.950.13-0.42-0.43-0.470.520.460.43-0.410.4
0.550.540.870.69-0.020.570.570.7-0.030.13-0.23-0.260.280.250.23-0.220.22
0.940.940.860.990.020.960.950.7-0.01-0.34-0.43-0.470.530.470.43-0.410.4
0.120.10.14-0.050.080.090.13-0.03-0.01-0.03-0.07-0.050.010.050.07-0.070.07
-0.44-0.46-0.15-0.370.26-0.52-0.420.13-0.34-0.030.420.44-0.45-0.45-0.430.5-0.3
-0.42-0.42-0.37-0.440.22-0.47-0.43-0.23-0.43-0.070.420.99-0.92-0.99-1.00.95-0.95
-0.46-0.46-0.41-0.480.23-0.52-0.47-0.26-0.47-0.050.440.99-0.97-1.0-0.990.94-0.94
0.510.510.450.53-0.230.570.520.280.530.01-0.45-0.92-0.970.960.91-0.860.89
0.450.450.40.47-0.230.510.460.250.470.05-0.45-0.99-1.00.960.99-0.950.93
0.410.420.360.43-0.230.470.430.230.430.07-0.43-1.0-0.990.910.99-0.960.93
-0.4-0.4-0.35-0.420.25-0.45-0.41-0.22-0.41-0.070.50.950.94-0.86-0.95-0.96-0.8
0.390.390.350.41-0.170.440.40.220.40.07-0.3-0.95-0.940.890.930.93-0.8
Click cells to compare fundamentals

About Solidion Technology Financial Statements

Investors use fundamental indicators, such as Solidion Technology's Asset Turnover, to determine how well the company is positioned to perform in the future. Although Solidion Technology'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

Currently Active Assets on Macroaxis

When determining whether Solidion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solidion Technology'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 Solidion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solidion Technology Stock:
Check out the analysis of Solidion Technology Correlation against competitors.
For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Electrical Components & Equipment 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 Solidion Technology. If investors know Solidion 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 Solidion Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Quarterly Revenue Growth
(0.78)
Return On Assets
(0.96)
The market value of Solidion Technology is measured differently than its book value, which is the value of Solidion that is recorded on the company's balance sheet. Investors also form their own opinion of Solidion Technology's value that differs from its market value or its book value, called intrinsic value, which is Solidion Technology'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 Solidion Technology's market value can be influenced by many factors that don't directly affect Solidion Technology'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 Solidion Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solidion Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solidion Technology'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.