Wealthink AI-Innovation Capital (HKSE:01140) Sloan Ratio % : -7.85% (As of Sep. 2024)

Wealthink AI-Innovation Capital Sloan Ratio % Chart

Wealthink AI-Innovation Capital Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Sloan Ratio %		Get a 7-Day Free Trial					-21.76	7.32	30.50	35.05	6.65

Wealthink AI-Innovation Capital 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															52.85	35.05	4.84	6.65	-7.85

Competitive Comparison of Wealthink AI-Innovation Capital's Sloan Ratio %

For the Asset Management subindustry, Wealthink AI-Innovation Capital'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.

Wealthink AI-Innovation Capital's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wealthink AI-Innovation Capital's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Wealthink AI-Innovation Capital's Sloan Ratio % falls into.

Wealthink AI-Innovation Capital 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.

Wealthink AI-Innovation Capital's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Wealthink AI-Innovation Capital'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. Wealthink AI-Innovation Capital's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 30.507 (Mar. 2024 ) + 24.374 (Sep. 2024 ) = HK$54.88 Mil.
Wealthink AI-Innovation Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was -13.578 (Mar. 2024 ) + -9.75 (Sep. 2024 ) = HK$-23.33 Mil.
Wealthink AI-Innovation Capital's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -171.118 (Mar. 2024 ) + 1075.652 (Sep. 2024 ) = HK$904.53 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.

Wealthink AI-Innovation Capital  (HKSE:01140) 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, Wealthink AI-Innovation Capital has a Sloan Ratio of -7.85%, indicating the company is in the safe zone and there is no funny business with accruals.

Wealthink AI-Innovation Capital Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Wealthink AI-Innovation Capital's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wealthink AI-Innovation Capital Business Description