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Gushen (Gushen) Sloan Ratio % : 0.00% (As of Sep. 2022)


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What is Gushen Sloan Ratio %?

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.

Gushen's Sloan Ratio for the quarter that ended in Sep. 2022 was 0.00%.

As of Sep. 2022, Gushen has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gushen Sloan Ratio % Historical Data

The historical data trend for Gushen'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.

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Gushen Sloan Ratio % Chart

Gushen Annual Data
Trend Apr15 Apr16 Apr17 Apr19 Apr20 Apr21 Sep22
Sloan Ratio %
Get a 7-Day Free Trial - - - - -379.54

Gushen Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Sep21 Dec21 Mar22 Jun22 Sep22
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Gushen's Sloan Ratio %

For the Education & Training Services subindustry, Gushen'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.


Gushen's Sloan Ratio % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Gushen's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Gushen's Sloan Ratio % falls into.



Gushen 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.

Gushen's Sloan Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2022 )-Cash Flow from Operations (A: Sep. 2022 )
-Cash Flow from Investing (A: Sep. 2022 ))/Total Assets (A: Sep. 2022 )
=(-9.473--1.669
--0.012)/2.053
=-379.54%

Gushen's Sloan Ratio for the quarter that ended in Sep. 2022 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2022 )
=(-9.472--1.669
--0.011)/2.053
=-379.54%

Gushen's Net Income for the trailing twelve months (TTM) ended in Sep. 2022 was -1.36 (Dec. 2021 ) + -0.61 (Mar. 2022 ) + -0.483 (Jun. 2022 ) + -7.019 (Sep. 2022 ) = $-9.47 Mil.
Gushen's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was -1.2 (Dec. 2021 ) + -0.194 (Mar. 2022 ) + -0.13 (Jun. 2022 ) + -0.145 (Sep. 2022 ) = $-1.67 Mil.
Gushen's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2022 was -0.011 (Dec. 2021 ) + 0 (Mar. 2022 ) + 0 (Jun. 2022 ) + 0 (Sep. 2022 ) = $-0.01 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.


Gushen  (OTCPK:GSHN) 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 Sep. 2022, Gushen has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Gushen Sloan Ratio % Related Terms

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Gushen (Gushen) Business Description

Traded in Other Exchanges
N/A
Address
Hangfeng Road, Room 1312-13, 14th Floor, Building No. 2, Fengtai District, Beijing, 100070, CHN
Website
Gushen Inc provides family education resources to promote all-around education onsite in local communities organized by their regional collaborative education agency and offer parents easy access to a wide variety of courses online through its application.
Executives
Kit Cheung Yat director ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000
Chien Hsu Shih 10 percent owner ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI K3 00000
Kit Cheung Ying 10 percent owner ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000
Lung Huang Pin director, 10 percent owner, officer: President ROOM 1203, 12/F, HIP KWAN COMMERCIAL BLD, 38 PITT STREET, YAU MA TEI,, YAU MA TEI K3 00000

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