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Web3 Meta (HKSE:08093) Sloan Ratio % : 0.00% (As of Dec. 2024)


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What is Web3 Meta 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.

Web3 Meta's Sloan Ratio for the quarter that ended in Dec. 2024 was 0.00%.

Warning Sign:

When sloan ratio (48.35)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.

As of Dec. 2024, Web3 Meta has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Web3 Meta Sloan Ratio % Historical Data

The historical data trend for Web3 Meta'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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Web3 Meta Sloan Ratio % Chart

Web3 Meta Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.79 -4.60 -94.95 14.15 48.35

Web3 Meta Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 Web3 Meta's Sloan Ratio %

For the Advertising Agencies subindustry, Web3 Meta'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.


Web3 Meta's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Web3 Meta's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Web3 Meta's Sloan Ratio % falls into.


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Web3 Meta 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.

Web3 Meta's Sloan Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2024 )-Cash Flow from Operations (A: Jun. 2024 )
-Cash Flow from Investing (A: Jun. 2024 ))/Total Assets (A: Jun. 2024 )
=(17.535--54.73
-25.26)/97.224
=48.35%

Web3 Meta's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(1.828-0
-0)/110.409
=1.66%

Web3 Meta's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was -10.597 (Sep. 2023 ) + 12.425 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Dec. 2024 ) = HK$1.83 Mil.
Web3 Meta's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Dec. 2024 ) = HK$0.00 Mil.
Web3 Meta's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was 0 (Sep. 2023 ) + 0 (Dec. 2023 ) + 0 (Jun. 2024 ) + 0 (Dec. 2024 ) = HK$0.00 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.


Web3 Meta  (HKSE:08093) 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 Dec. 2024, Web3 Meta has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Web3 Meta Sloan Ratio % Related Terms

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Web3 Meta Business Description

Traded in Other Exchanges
N/A
Address
100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Web3 Meta Limited is an investment holding company operates in the Internet advertising department and Web3 Division.
Executives
Shen Zhen Shi Yuan Wang Gu Xin Xi Ji Shu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Invengo Technology Pte. Ltd. 2101 Beneficial owner
Di Qi Da Dao Kong Gu You Xian Gong Si
Zhou Zhong Yong 2101 Beneficial owner
Zhou Ming 2201 Interest of corporation controlled by you
Web3 Group Limited 2101 Beneficial owner
Shen Guotao 2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Xie Ming 2101 Beneficial owner
Yao Ligang 2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Wu Zhongyi 2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si 2101 Beneficial owner
Zhu Yongjun 2101 Beneficial owner

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