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Thang Long Investment Group (HSTC:TIG) Sloan Ratio % : 0.00% (As of . 20)


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What is Thang Long Investment Group 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.

Thang Long Investment Group's Sloan Ratio for the quarter that ended in . 20 was 0.00%.

As of . 20, Thang Long Investment Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Thang Long Investment Group Sloan Ratio % Historical Data

The historical data trend for Thang Long Investment Group'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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Thang Long Investment Group Sloan Ratio % Chart

Thang Long Investment Group Annual Data
Trend
Sloan Ratio %

Thang Long Investment Group Quarterly Data
Sloan Ratio %

Competitive Comparison of Thang Long Investment Group's Sloan Ratio %

For the Asset Management subindustry, Thang Long Investment Group'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.


Thang Long Investment Group's Sloan Ratio % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thang Long Investment Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Thang Long Investment Group's Sloan Ratio % falls into.



Thang Long Investment Group 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.

Thang Long Investment Group's Sloan Ratio for the fiscal year that ended in . 20 is calculated as

Sloan Ratio=(Net Income (A: . 20 )-Cash Flow from Operations (A: . 20 )
-Cash Flow from Investing (A: . 20 ))/Total Assets (A: . 20 )
=(-
-)/
=%

Thang Long Investment Group's Sloan Ratio for the quarter that ended in . 20 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: . 20 )
=(-
-)/
=%

Thang Long Investment Group does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in . 20.

* 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.


Thang Long Investment Group  (HSTC:TIG) 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 . 20, Thang Long Investment Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


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Thang Long Investment Group (HSTC:TIG) Business Description

Traded in Other Exchanges
N/A
Address
Mac Thai Tong Street, Lot 3-E9 Cau Giay New Urban Area, Trung Hoa Ward Cau Giay, Hanoi, VNM
Thang Long Investment Group is an investment company. The company operates in the fields of Real Estate wherein the company has managed and owned projects. Distribution field deals with distribution of household products such as electronics and home appliances in Vietnam, and Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works, and transport infrastructure. It is also involved in other sectors such as tourism, trading, communication services in Vietnam. Some of the company's projects are King's Garden Resort and Villas, Vantri Ecoland Project, TIG Dai Mo Green Garden House Project, and others.

Thang Long Investment Group (HSTC:TIG) Headlines

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