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Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Dec. 2025, Concord New Energy Group has a Sloan Ratio of 1.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Concord New Energy Group (OTCPK:CWPWF) 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.
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. 2025, Concord New Energy Group has a Sloan Ratio of 1.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Concord New Energy Group Sloan Ratio % Related Terms
Concord New Energy Group Sloan Ratio % Historical Data
* 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.
Concord New Energy Group Sloan Ratio % Competitor Comparison
For the Utilities - Renewable subindustry, Concord New Energy Group'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.
Concord New Energy Group Sloan Ratio % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Concord New Energy Group's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Concord New Energy Group's Sloan Ratio % falls into.
Concord New Energy Group 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.
Concord New Energy Group's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Concord New Energy Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 39.265 (Jun. 2025 ) + -20.193 (Dec. 2025 ) = $19.1 Mil.
Concord New Energy Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 144.958 (Jun. 2025 ) + 177.785 (Dec. 2025 ) = $322.7 Mil.
Concord New Energy Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -185.857 (Jun. 2025 ) + -195.262 (Dec. 2025 ) = $-381.1 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.
Concord New Energy Group (CWPWF) has a Sloan Ratio % of 1.65% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Concord New Energy Group and its competitors.
Is Concord New Energy Group's Sloan Ratio % too high?
Concord New Energy Group's current Sloan Ratio % is 1.65%. Overall, Concord New Energy Group has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Concord New Energy Group's Sloan Ratio % compare to competitors?
Concord New Energy Group's Sloan Ratio % of 1.65% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Utilities - Independent Power Producers company?
A good Sloan Ratio % depends on the Utilities - Independent Power Producers industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Concord New Energy Group and its competitors. Concord New Energy Group's current Sloan Ratio % is 1.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord New Energy Group stock overvalued right now?
Concord New Energy Group (CWPWF) has a current Sloan Ratio % of 1.65%. The stock's GF Value™ is $0.06, compared to a current price of $0.03 — trading 49.8% below its estimated fair value. The current Sloan Ratio % is 1.65%. Concord New Energy Group's overall GF Score™ is 50/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Concord New Energy Group (CWPWF), the current Sloan Ratio % is 1.65% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Concord New Energy Group (CWPWF) Overvalued in 2026?
Based on GuruFocus' analysis, Concord New Energy Group stock appears to be undervalued.
The current stock price of $0.03 is trading 49.8% below its estimated GF Value™ of $0.06.
Key valuation signals for CWPWF:
Sloan Ratio %: 1.65%
GF Value™: $0.06 vs. price of $0.03 (49.8% below fair value)
No single metric tells the full story. See the CWPWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in wind power plants and photovoltaic power plants, and provision of design, technical, and consultation services. The operating segments of the company are power generation, which includes the operation of wind and solar power plants, the intelligent operation and maintenance segment, which includes provision of operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes provision of design, technical, and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.
50GF Score
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