Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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, Shenzhou International Group Holdings has a Sloan Ratio of -1.14%, indicating the company is in the safe zone and there is no funny business with accruals.
Shenzhou International Group Holdings (FRA:S6L) 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, Shenzhou International Group Holdings has a Sloan Ratio of -1.14%, indicating the company is in the safe zone and there is no funny business with accruals.
Shenzhou International Group Holdings Sloan Ratio % Related Terms
Shenzhou International Group Holdings 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.
Shenzhou International Group Holdings Sloan Ratio % Chart
Shenzhou International Group Holdings Sloan Ratio % Competitor Comparison
For the Textile Manufacturing subindustry, Shenzhou International Group 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.
Shenzhou International Group Holdings Sloan Ratio % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhou International Group Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Shenzhou International Group Holdings's Sloan Ratio % falls into.
Shenzhou International Group Holdings 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.
* 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.
Shenzhou International Group Holdings (FRA:S6L) has a Sloan Ratio % of -1.14% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Shenzhou International Group Holdings and its competitors.
Is Shenzhou International Group Holdings' Sloan Ratio % too high?
Shenzhou International Group Holdings' current Sloan Ratio % is -1.14%. Overall, Shenzhou International Group Holdings has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhou International Group Holdings' Sloan Ratio % compare to competitors?
Shenzhou International Group Holdings' Sloan Ratio % of -1.14% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Sloan Ratio % depends on the Manufacturing - Apparel & Accessories 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 Shenzhou International Group Holdings and its competitors. Shenzhou International Group Holdings's current Sloan Ratio % is -1.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhou International Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shenzhou International Group Holdings (FRA:S6L) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.32, compared to a current price of €3.94 — trading 52.6% below its estimated fair value. The current Sloan Ratio % is -1.14%. Shenzhou International Group Holdings' overall GF Score™ is 87/100 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 Shenzhou International Group Holdings (FRA:S6L), the current Sloan Ratio % is -1.14% 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 Shenzhou International Group Holdings (FRA:S6L) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhou International Group Holdings stock appears to be undervalued.
The current stock price of €3.94 is trading 52.6% below its estimated GF Value™ of €8.32.
GuruFocus considers Shenzhou International Group Holdings to be Significantly Undervalued.
Key valuation signals for FRA:S6L:
Sloan Ratio %: -1.14%
GF Value™: €8.32 vs. price of €3.94 (52.6% below fair value)
No single metric tells the full story. See the FRA:S6L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (69% of 2024 revenue), casual wear (25% of revenue), and lingerie (5% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 28% of sales in 2024. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.
87GF Score
Get the complete analysis for FRA:S6L
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:S6L has been successfully added to your 
