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Shenzhen Hopewind Electric Co (SHSE:603063) Sloan Ratio % : 0.20% (As of Mar. 2025)


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What is Shenzhen Hopewind Electric Co 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.

Shenzhen Hopewind Electric Co's Sloan Ratio for the quarter that ended in Mar. 2025 was 0.20%.

As of Mar. 2025, Shenzhen Hopewind Electric Co has a Sloan Ratio of 0.20%, indicating the company is in the safe zone and there is no funny business with accruals.


Shenzhen Hopewind Electric Co Sloan Ratio % Historical Data

The historical data trend for Shenzhen Hopewind Electric Co'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.

* Premium members only.

Shenzhen Hopewind Electric Co Sloan Ratio % Chart

Shenzhen Hopewind Electric Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.18 13.42 2.02 6.19 4.12

Shenzhen Hopewind Electric Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.17 7.06 2.90 4.12 0.20

Competitive Comparison of Shenzhen Hopewind Electric Co's Sloan Ratio %

For the Specialty Industrial Machinery subindustry, Shenzhen Hopewind Electric Co'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.


Shenzhen Hopewind Electric Co's Sloan Ratio % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Hopewind Electric Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Shenzhen Hopewind Electric Co's Sloan Ratio % falls into.


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Shenzhen Hopewind Electric Co 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.

Shenzhen Hopewind Electric Co's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(440.579-272.28
--159.171)/7950.716
=4.12%

Shenzhen Hopewind Electric Co's Sloan Ratio for the quarter that ended in Mar. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2025 )
=(490.589-520.124
--46.213)/8260.708
=0.20%

Shenzhen Hopewind Electric Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 99.429 (Jun. 2024 ) + 98.537 (Sep. 2024 ) + 187.262 (Dec. 2024 ) + 105.361 (Mar. 2025 ) = ¥491 Mil.
Shenzhen Hopewind Electric Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was 219.923 (Jun. 2024 ) + 56.07 (Sep. 2024 ) + 312.265 (Dec. 2024 ) + -68.134 (Mar. 2025 ) = ¥520 Mil.
Shenzhen Hopewind Electric Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was -8.41 (Jun. 2024 ) + -32.691 (Sep. 2024 ) + 3.741 (Dec. 2024 ) + -8.853 (Mar. 2025 ) = ¥-46 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.


Shenzhen Hopewind Electric Co  (SHSE:603063) 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 Mar. 2025, Shenzhen Hopewind Electric Co has a Sloan Ratio of 0.20%, indicating the company is in the safe zone and there is no funny business with accruals.


Shenzhen Hopewind Electric Co Sloan Ratio % Related Terms

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Shenzhen Hopewind Electric Co Business Description

Traded in Other Exchanges
N/A
Address
Building 11, Guanlong No.2 Industry Park, Xili Town, Nanshan District, Shenzhen, CHN, 518055
Shenzhen Hopewind Electric Co Ltd focuses on the research and development, manufacture, sales and service of new energy and electric drive products. In the field of new energy, its product offering includes wind power converters, inverters, and conversion containers. Its industrial drive products are widely used in petroleum, chemical industry, and other various industrial applications. In the power quality improvement and management field, the company provides active power filter and static VAR generator and special power supply products, which are widely used in the field of telecommunication, metallurgy and petroleum industry. In the field of port, the firm provides shore power supply system. In the electric vehicle industry, Hopewind provides charging modules and battery chargers.
Executives
Wang Yao senior management
Liang Long Wei senior management
Xiao An Bo senior management
Liu Ji Zhou Directors, senior managers
Chen Wen Feng senior management
Wang Yong Director
Wu Ya Lun senior management
Xia Quan Bo senior management
Lv Yi Hang Supervisors
Li Dong Po Supervisors
Cai Hai Tao senior management
Chen Bo Yi Director
Zhou Dang Sheng Director

Shenzhen Hopewind Electric Co Headlines

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