51Job Asset Turnover Trend from 2010 to 2021

JOBS -  USA Stock  

USD 56.00  0.46  0.81%

51Job Inc Asset Turnover yearly trend continues to be relatively stable with very little volatility. Asset Turnover is likely to grow to 0.29 this year. During the period from 2010 to 2021, 51Job Inc Asset Turnover destribution of quarterly values had range of  0.33 from its regression line and mean deviation of  0.09. 51Job Inc Weighted Average Shares is relatively stable at the moment as compared to the past year. 51Job Inc reported last year Weighted Average Shares of 67.1 Million. As of 12/06/2021, Weighted Average Shares Diluted is likely to grow to about 71.3 M, while Consolidated Income is likely to drop slightly above 902.3 M.

51Job Historical Trends 

 
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Check 51Job Inc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 51Job main balance sheet or income statement drivers, such as Consolidated Income of 902.3 M, Cost of Revenue of 1.1 B or Earning Before Interest and Taxes EBIT of 1.1 B, as well as many exotic indicators such as Asset Turnover of 0.29, Book Value per Share of 148 or Current Ratio of 3.95. 51Job financial statements analysis is a perfect complement when working with 51Job Inc Valuation or Volatility modules. It can also supplement various 51Job Inc Technical models. Please see the analysis of 51Job Inc Correlation against competitors.

51Job Asset Turnover Breakdown

Showing smoothed Asset Turnover of 51Job Inc ADR with missing and latest data points interpolated. Asset turnover is a measure of a firms operating efficiency; calculated by dividing Revenues by Average Assets. Often a component of DuPont ROE analysis.51Job Inc's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 51Job Inc's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Decreasing
Slightly volatile
 Asset Turnover 
Share
      Timeline 

51Job Asset Turnover Regression Statistics

Arithmetic Mean 0.38
Geometric Mean 0.37
Coefficient Of Variation 28.16
Mean Deviation 0.09
Median 0.34
Standard Deviation 0.11
Sample Variance 0.011452
Range 0.33
R-Value(0.92)
Mean Square Error 0.002021
R-Squared 0.84
Significance 0.00002813
Slope(0.027195)
Total Sum of Squares 0.13

51Job Asset Turnover History

2010  0.58 
2011  0.56 
2012  0.48 
2013  0.42 
2014  0.36 
2015  0.34 
2016  0.33 
2017  0.32 
2019  0.30 
2020  0.24 
2021  0.29 

About 51Job Inc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include 51Job Inc income statement, its balance sheet, and the statement of cash flows. 51Job Inc investors use historical funamental indicators, such as 51Job Inc's Asset Turnover, to determine how well the company is positioned to perform in the future. Although 51Job Inc investors may use each financial statement separately, they are all related. The changes in 51Job Inc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 51Job Inc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on 51Job Inc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in 51Job Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Asset Turnover 0.24  0.29 
Average Assets15.1 B12.1 B
Tangible Asset Value14.5 B11.7 B
51job, Inc., through its subsidiaries, provides integrated human resource services in the Peoples Republic of China. It offers its services through sales offices, and a national sales and customer service call center in Wuhan. 51job, Inc. was founded in 1998 and is headquartered in Shanghai, the Peoples Republic of China. 51Job Inc operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 8431 people.

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Please see the analysis of 51Job Inc Correlation against competitors. Note that the 51Job Inc ADR information on this page should be used as a complementary analysis to other 51Job Inc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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Is 51Job Inc's industry 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 51Job Inc. If investors know 51Job 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 51Job Inc 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 51Job Inc ADR is measured differently than its book value, which is the value of 51Job that is recorded on the company's balance sheet. Investors also form their own opinion of 51Job Inc's value that differs from its market value or its book value, called intrinsic value, which is 51Job Inc'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 51Job Inc's market value can be influenced by many factors that don't directly affect 51Job Inc'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 51Job Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine 51Job Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 51Job Inc'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.