Wang Fixed Asset Turnover from 2010 to 2024

WLGS Stock   5.33  1.11  26.30%   
Wang Lee Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 23.81 in 2024. From the period from 2010 to 2024, Wang Lee Fixed Asset Turnover quarterly data regression had r-value of  0.21 and coefficient of variation of  103.41. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
25.0591209
Current Value
23.81
Quarterly Volatility
533.90403434
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wang Lee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wang Lee's main balance sheet or income statement drivers, such as Income Tax Expense of 257.6 K, Tax Provision of 0.0 or Depreciation And Amortization of 34 K, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.0 or PTB Ratio of 1.89. Wang financial statements analysis is a perfect complement when working with Wang Lee Valuation or Volatility modules.
  
Check out the analysis of Wang Lee Correlation against competitors.

Latest Wang Lee's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Wang Lee Group, over the last few years. It is Wang Lee's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wang Lee's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Wang Fixed Asset Turnover Regression Statistics

Arithmetic Mean516.29
Geometric Mean330.27
Coefficient Of Variation103.41
Mean Deviation293.76
Median395.60
Standard Deviation533.90
Sample Variance285,054
Range2.3K
R-Value0.21
Mean Square Error292,809
R-Squared0.05
Significance0.44
Slope25.65
Total Sum of Squares4M

Wang Fixed Asset Turnover History

2024 23.81
2023 25.06
2022 2301.29
2021 934.48
2020 503.68

About Wang Lee Financial Statements

Wang Lee shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Wang Lee investors may analyze each financial statement separately, they are all interrelated. The changes in Wang Lee's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wang Lee's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 25.06  23.81 

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Additional Tools for Wang Stock Analysis

When running Wang Lee's price analysis, check to measure Wang Lee's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wang Lee is operating at the current time. Most of Wang Lee's value examination focuses on studying past and present price action to predict the probability of Wang Lee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wang Lee's price. Additionally, you may evaluate how the addition of Wang Lee to your portfolios can decrease your overall portfolio volatility.