TuanChe Operating Income vs Price to Sales Ratio Analysis
TC Stock | USD 1.64 0.03 1.86% |
TuanChe ADR financial indicator trend analysis is much more than just breaking down TuanChe ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TuanChe ADR is a good investment. Please check the relationship between TuanChe ADR Operating Income and its Price To Sales Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
Operating Income vs Price To Sales Ratio
Operating Income vs Price to Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TuanChe ADR Operating Income account and Price to Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TuanChe ADR's Operating Income and Price to Sales Ratio is 0.52. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of TuanChe ADR, assuming nothing else is changed. The correlation between historical values of TuanChe ADR's Operating Income and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of TuanChe ADR are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Operating Income i.e., TuanChe ADR's Operating Income and Price to Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from TuanChe ADR operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TuanChe ADR is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Price To Sales Ratio
Price to Sales Ratio is figured by comparing TuanChe ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TuanChe ADR sales, a figure that is much harder to manipulate than other TuanChe ADR multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Most indicators from TuanChe ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TuanChe ADR current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.At present, TuanChe ADR's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 272.3M | 121.0M | 93.4M | 88.8M | Total Revenue | 357.6M | 183.2M | 162.4M | 272.7M |
TuanChe ADR fundamental ratios Correlations
Click cells to compare fundamentals
TuanChe ADR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TuanChe ADR fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 567.2M | 474.4M | 353.1M | 235.3M | 119.3M | 113.4M | |
Other Current Liab | 40.9M | 122.9M | 93.1M | 81.5M | 60.7M | 82.7M | |
Total Current Liabilities | 142.1M | 176.2M | 151.8M | 100.2M | 86.8M | 106.5M | |
Total Stockholder Equity | 423.6M | 288.2M | 194.4M | 101.1M | 19.5M | 18.5M | |
Net Tangible Assets | 408.1M | 150.9M | 61.3M | 55.6M | 63.9M | 90.7M | |
Property Plant And Equipment Net | 20.4M | 16.5M | 8.6M | 10.1M | 5.7M | 10.4M | |
Current Deferred Revenue | 4.8M | 25.5M | 19.5M | 5.0M | 5.8M | 5.5M | |
Net Debt | (193.9M) | (100.0M) | (52.4M) | (52.5M) | 15.2M | 16.0M | |
Retained Earnings | (718.7M) | (881.7M) | (983.6M) | (1.1B) | (1.2B) | (1.2B) | |
Accounts Payable | 5.8M | 21.8M | 29.6M | 5.3M | 10.4M | 11.5M | |
Cash | 193.9M | 109.9M | 63.5M | 69.9M | 9.6M | 9.1M | |
Non Current Assets Total | 35.8M | 163.0M | 147.4M | 61.6M | 57.4M | 68.4M | |
Cash And Short Term Investments | 263.7M | 155.6M | 63.5M | 69.9M | 16.2M | 15.3M | |
Net Receivables | 72.4M | 66.1M | 48.0M | 35.9M | 28.9M | 45.9M | |
Common Stock Total Equity | 137K | 201K | 208K | 216K | 248.4K | 180.8K | |
Common Stock Shares Outstanding | 18.4M | 19.0M | 19.2M | 19.2M | 1.7M | 1.6M | |
Liabilities And Stockholders Equity | 567.2M | 474.4M | 353.1M | 235.3M | 119.3M | 113.4M | |
Non Current Liabilities Total | 2.2M | 11.2M | 8.0M | 33.9M | 13.1M | 12.4M | |
Other Current Assets | 193.8M | 59.9M | 60.5M | 11.3M | 16.9M | 16.1M | |
Other Stockholder Equity | 1.1B | 1.2B | 1.2B | 1.3B | 1.3B | 989.9M | |
Total Liab | 144.2M | 187.3M | 159.8M | 134.1M | 99.9M | 136.6M | |
Property Plant And Equipment Gross | 20.4M | 16.5M | 8.6M | 22.1M | 25.4M | 12.8M | |
Total Current Assets | 531.4M | 311.4M | 205.7M | 173.7M | 62.0M | 58.9M | |
Accumulated Other Comprehensive Income | 2.4M | (4.5M) | (7.4M) | (8.4M) | (8.3M) | (8.7M) | |
Short Term Debt | 90.5M | 5.9M | 9.6M | 8.4M | 15.7M | 29.8M | |
Property Plant Equipment | 4.8M | 16.5M | 8.6M | 10.1M | 11.7M | 6.9M | |
Non Currrent Assets Other | 10.3M | 7.6M | 313K | 522K | 469.8K | 446.3K | |
Other Assets | 10.3M | 7.6M | 313K | 522K | 469.8K | 446.3K | |
Short Term Investments | 69.8M | 45.7M | 7.6M | 8.0M | 6.6M | 6.3M | |
Net Invested Capital | 423.6M | 288.2M | 201.4M | 105.8M | 95.3M | 90.5M | |
Long Term Investments | 7.9M | 8.9M | 5.4M | 5.4M | 6.2M | 6.0M | |
Net Working Capital | 389.3M | 135.2M | 53.9M | 73.5M | 66.1M | 62.8M | |
Capital Stock | 208K | 216K | 217K | 270K | 310.5K | 244.6K |
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 World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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 (6.62) | 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.