TuanChe Fixed Asset Turnover from 2010 to 2024

TC Stock  USD 1.71  0.04  2.40%   
TuanChe ADR's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 27.03. During the period from 2010 to 2024 TuanChe ADR Fixed Asset Turnover annual values regression line had geometric mean of  52.39 and mean square error of  4,497. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
28.45548545
Current Value
27.03
Quarterly Volatility
67.4871425
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TuanChe ADR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TuanChe main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Interest Expense of 181.5 M or Selling General Administrative of 71.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.98. TuanChe financial statements analysis is a perfect complement when working with TuanChe ADR Valuation or Volatility modules.
  
This module can also supplement various TuanChe ADR Technical models . Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.

Latest TuanChe ADR's Fixed Asset Turnover Growth Pattern

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

TuanChe Fixed Asset Turnover Regression Statistics

Arithmetic Mean68.38
Geometric Mean52.39
Coefficient Of Variation98.69
Mean Deviation34.11
Median71.95
Standard Deviation67.49
Sample Variance4,555
Range281
R-Value(0.29)
Mean Square Error4,497
R-Squared0.08
Significance0.30
Slope(4.35)
Total Sum of Squares63,763

TuanChe Fixed Asset Turnover History

2024 27.03
2023 28.46
2022 18.07
2021 41.72
2020 20.0
2019 31.67
2018 55.95

About TuanChe ADR Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include TuanChe ADR income statement, its balance sheet, and the statement of cash flows. TuanChe ADR investors use historical funamental indicators, such as TuanChe ADR's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although TuanChe ADR investors may use each financial statement separately, they are all related. The changes in TuanChe ADR's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TuanChe ADR'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 TuanChe ADR Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TuanChe ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 28.46  27.03 

Currently Active Assets on Macroaxis

When determining whether TuanChe ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TuanChe ADR'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 Tuanche Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tuanche Adr Stock:
Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
Note that the TuanChe ADR information on this page should be used as a complementary analysis to other TuanChe ADR'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 the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running TuanChe ADR's price analysis, check to measure TuanChe ADR'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 TuanChe ADR is operating at the current time. Most of TuanChe ADR's value examination focuses on studying past and present price action to predict the probability of TuanChe ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TuanChe ADR's price. Additionally, you may evaluate how the addition of TuanChe ADR to your portfolios can decrease your overall portfolio volatility.
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Is TuanChe ADR'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 TuanChe ADR. If investors know TuanChe 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 TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.63)
Revenue Per Share
95.791
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.42)
Return On Equity
(1.48)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR'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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR'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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR'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.