G-Vision International (Holdings) (HKSE:00657) Sloan Ratio % : -2.75% (As of Sep. 2024)

G-Vision International (Holdings) Sloan Ratio % Chart

G-Vision International (Holdings) Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Sloan Ratio %		Get a 7-Day Free Trial					-18.28	47.28	-88.64	-53.84	52.40

G-Vision International (Holdings) Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Sloan Ratio %	Get a 7-Day Free Trial															-145.26	-53.84	-49.93	52.40	-2.75

Competitive Comparison of G-Vision International (Holdings)'s Sloan Ratio %

For the Restaurants subindustry, G-Vision International (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.

G-Vision International (Holdings)'s Sloan Ratio % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, G-Vision International (Holdings)'s Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where G-Vision International (Holdings)'s Sloan Ratio % falls into.

G-Vision International (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.

G-Vision International (Holdings)'s Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

G-Vision International (Holdings)'s Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. G-Vision International (Holdings)'s Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -2.598 (Mar. 2024 ) + -3.398 (Sep. 2024 ) = HK$-6.00 Mil.
G-Vision International (Holdings)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -1.695 (Mar. 2024 ) + -2.933 (Sep. 2024 ) = HK$-4.63 Mil.
G-Vision International (Holdings)'s Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -26.354 (Mar. 2024 ) + 26.34 (Sep. 2024 ) = HK$-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.

G-Vision International (Holdings)  (HKSE:00657) 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. 2024, G-Vision International (Holdings) has a Sloan Ratio of -2.75%, indicating the company is in the safe zone and there is no funny business with accruals.

G-Vision International (Holdings) Sloan Ratio % Related Terms

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G-Vision International (Holdings) Business Description