Aidigong Maternal & Child Health (HKSE:00286) Sloan Ratio % : -12.74% (As of Dec. 2023)

Aidigong Maternal & Child Health Sloan Ratio % Chart

Aidigong Maternal & Child Health Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Sloan Ratio %		Get a 7-Day Free Trial					18.05	-10.67	1.16	-11.70	-12.74

Aidigong Maternal & Child Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Sloan Ratio %	Get a 7-Day Free Trial															1.16	-6.03	-11.70	-16.31	-12.74

Competitive Comparison of Aidigong Maternal & Child Health's Sloan Ratio %

For the Medical Care Facilities subindustry, Aidigong Maternal & Child Health's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aidigong Maternal & Child Health's Sloan Ratio % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aidigong Maternal & Child Health's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Aidigong Maternal & Child Health's Sloan Ratio % falls into.

Aidigong Maternal & Child Health Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Aidigong Maternal & Child Health's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Aidigong Maternal & Child Health's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Aidigong Maternal & Child Health's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was -23.656 (Jun. 2023 ) + -153.765 (Dec. 2023 ) = HK$-177.4 Mil.
Aidigong Maternal & Child Health's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 32.873 (Jun. 2023 ) + 49.818 (Dec. 2023 ) = HK$82.7 Mil.
Aidigong Maternal & Child Health's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -5.564 (Jun. 2023 ) + -4.918 (Dec. 2023 ) = HK$-10.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aidigong Maternal & Child Health  (HKSE:00286) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2023, Aidigong Maternal & Child Health has a Sloan Ratio of -12.74%, indicating there is a warning stage of accrual build up.

Aidigong Maternal & Child Health Sloan Ratio % Related Terms

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Aidigong Maternal & Child Health (HKSE:00286) Business Description