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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.
Lonking Holdings's Sloan Ratio for the quarter that ended in Dec. 2025 was -13.77%.
As of Dec. 2025, Lonking Holdings has a Sloan Ratio of -13.77%, indicating there is a warning stage of accrual build up.
Lonking Holdings (FRA:C9IB) 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, Lonking Holdings has a Sloan Ratio of -13.77%, indicating there is a warning stage of accrual build up.
Lonking Holdings Sloan Ratio % Related Terms
Lonking Holdings Sloan Ratio % Historical Data
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The historical data trend for Lonking Holdings's Sloan Ratio % can be seen below:
* 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.
FRA:C9IB vs CAT, DE, PCAR: Sloan Ratio % Comparison
For the Farm & Heavy Construction Machinery subindustry, Lonking Holdings'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.
Lonking Holdings Sloan Ratio % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Lonking Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Lonking Holdings's Sloan Ratio % falls into.
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.
Lonking Holdings'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.
Lonking Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 76.278 (Jun. 2025 ) + 81.093 (Dec. 2025 ) = €157 Mil.
Lonking Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 69.994 (Jun. 2025 ) + 80.617 (Dec. 2025 ) = €151 Mil.
Lonking Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was 258.477 (Jun. 2025 ) + 30.783 (Dec. 2025 ) = €289 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.
Lonking Holdings (FRA:C9IB) has a Sloan Ratio % of -13.77% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Lonking Holdings and its competitors.
Is Lonking Holdings' Sloan Ratio % too high?
Lonking Holdings' current Sloan Ratio % is -13.77%. Overall, Lonking Holdings has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lonking Holdings' Sloan Ratio % compare to CAT and DE?
Lonking Holdings' Sloan Ratio % of -13.77% can be compared against companies in the Farm & Heavy Construction Machinery 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 a Farm & Heavy Construction Machinery company?
A good Sloan Ratio % depends on the Farm & Heavy Construction Machinery 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 Lonking Holdings and its competitors. Lonking Holdings's current Sloan Ratio % is -13.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lonking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lonking Holdings (FRA:C9IB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.19, compared to a current price of €0.31 — trading 63.2% above its estimated fair value. The current Sloan Ratio % is -13.77%. Lonking Holdings' overall GF Score™ is 52/100 with 1 warning sign 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 Lonking Holdings (FRA:C9IB), the current Sloan Ratio % is -13.77% 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 Lonking Holdings (FRA:C9IB) Overvalued in 2026?
Based on GuruFocus' analysis, Lonking Holdings stock appears to be overvalued.
The current stock price of €0.31 is trading 63.2% above its estimated GF Value™ of €0.19.
GuruFocus considers Lonking Holdings to be Significantly Overvalued.
Key valuation signals for FRA:C9IB:
Sloan Ratio %: -13.77%
GF Value™: €0.19 vs. price of €0.31 (63.2% above fair value)
No single metric tells the full story. See the FRA:C9IB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lonking Holdings Ltd is a construction and logistics machinery manufacturer in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. The company has three operating segments: Sale of construction machinery, which generates the majority of the revenue, Finance lease of construction machinery, and Financial investment. The majority of sales are derived from China.
52GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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