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Dioo Microcircuits Co Jiangsu (SHSE:688381) Sloan Ratio % : -11.32% (As of Mar. 2025)


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What is Dioo Microcircuits Co Jiangsu 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.

Dioo Microcircuits Co Jiangsu's Sloan Ratio for the quarter that ended in Mar. 2025 was -11.32%.

As of Mar. 2025, Dioo Microcircuits Co Jiangsu has a Sloan Ratio of -11.32%, indicating there is a warning stage of accrual build up.


Dioo Microcircuits Co Jiangsu Sloan Ratio % Historical Data

The historical data trend for Dioo Microcircuits Co Jiangsu'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.

Dioo Microcircuits Co Jiangsu Sloan Ratio % Chart

Dioo Microcircuits Co Jiangsu Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial 28.88 42.09 73.69 -2.99 -11.54

Dioo Microcircuits Co Jiangsu Quarterly Data
Dec18 Dec19 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 -1.73 -1.03 -3.50 -11.54 -11.32

Competitive Comparison of Dioo Microcircuits Co Jiangsu's Sloan Ratio %

For the Semiconductors subindustry, Dioo Microcircuits Co Jiangsu'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.


Dioo Microcircuits Co Jiangsu's Sloan Ratio % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Dioo Microcircuits Co Jiangsu's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Dioo Microcircuits Co Jiangsu's Sloan Ratio % falls into.


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Dioo Microcircuits Co Jiangsu 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.

Dioo Microcircuits Co Jiangsu'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 )
=(-47.068--76.16
-363.1)/2895.442
=-11.54%

Dioo Microcircuits Co Jiangsu'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 )
=(-50.733--42.824
-315.765)/2859.458
=-11.32%

Dioo Microcircuits Co Jiangsu's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 10.706 (Jun. 2024 ) + -8.434 (Sep. 2024 ) + -65.4 (Dec. 2024 ) + 12.395 (Mar. 2025 ) = ¥-50.7 Mil.
Dioo Microcircuits Co Jiangsu's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was -8.363 (Jun. 2024 ) + -29.18 (Sep. 2024 ) + -16.101 (Dec. 2024 ) + 10.82 (Mar. 2025 ) = ¥-42.8 Mil.
Dioo Microcircuits Co Jiangsu's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was 85.682 (Jun. 2024 ) + 70.793 (Sep. 2024 ) + 83.292 (Dec. 2024 ) + 75.998 (Mar. 2025 ) = ¥315.8 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.


Dioo Microcircuits Co Jiangsu  (SHSE:688381) 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, Dioo Microcircuits Co Jiangsu has a Sloan Ratio of -11.32%, indicating there is a warning stage of accrual build up.


Dioo Microcircuits Co Jiangsu Sloan Ratio % Related Terms

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Dioo Microcircuits Co Jiangsu Business Description

Traded in Other Exchanges
N/A
Address
No. 60 Chongzhou Avenue, Nantong Innovation Zone, 6th Floor, Building 8, Zilang Science and Technology City, Jiangsu Province, Nantong, CHN, 226000
Dioo Microcircuits Co Ltd Jiangsu is engaged in the research and development, design and sales of high-performance analog chips.

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