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Yonyou Auto Information Technology (Shanghai) Co (SHSE:688479) Sloan Ratio % : 0.15% (As of Mar. 2025)


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What is Yonyou Auto Information Technology (Shanghai) 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.

Yonyou Auto Information Technology (Shanghai) Co's Sloan Ratio for the quarter that ended in Mar. 2025 was 0.15%.

As of Mar. 2025, Yonyou Auto Information Technology (Shanghai) Co has a Sloan Ratio of 0.15%, indicating the company is in the safe zone and there is no funny business with accruals.


Yonyou Auto Information Technology (Shanghai) Co Sloan Ratio % Historical Data

The historical data trend for Yonyou Auto Information Technology (Shanghai) 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.

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Yonyou Auto Information Technology (Shanghai) Co Sloan Ratio % Chart

Yonyou Auto Information Technology (Shanghai) 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 -0.38 5.86 4.50 13.74 0.76

Yonyou Auto Information Technology (Shanghai) Co Quarterly Data
Sep19 Dec19 Jun20 Dec20 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 51.27 35.05 12.00 0.76 0.15

Competitive Comparison of Yonyou Auto Information Technology (Shanghai) Co's Sloan Ratio %

For the Software - Application subindustry, Yonyou Auto Information Technology (Shanghai) 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.


Yonyou Auto Information Technology (Shanghai) Co's Sloan Ratio % Distribution in the Software Industry

For the Software industry and Technology sector, Yonyou Auto Information Technology (Shanghai) Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Yonyou Auto Information Technology (Shanghai) Co's Sloan Ratio % falls into.


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Yonyou Auto Information Technology (Shanghai) 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.

Yonyou Auto Information Technology (Shanghai) 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 )
=(80.708-80.293
--15.948)/2153.982
=0.76%

Yonyou Auto Information Technology (Shanghai) 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 )
=(54.295-57.6
--6.5729999999999)/2124.02
=0.15%

Yonyou Auto Information Technology (Shanghai) Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 17.617 (Jun. 2024 ) + 9.833 (Sep. 2024 ) + 21.243 (Dec. 2024 ) + 5.602 (Mar. 2025 ) = ¥54.3 Mil.
Yonyou Auto Information Technology (Shanghai) Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was 1.08 (Jun. 2024 ) + -15.148 (Sep. 2024 ) + 106.783 (Dec. 2024 ) + -35.115 (Mar. 2025 ) = ¥57.6 Mil.
Yonyou Auto Information Technology (Shanghai) Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was 32.894 (Jun. 2024 ) + -2.703 (Sep. 2024 ) + 1182.056 (Dec. 2024 ) + -1218.82 (Mar. 2025 ) = ¥-6.6 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.


Yonyou Auto Information Technology (Shanghai) Co  (SHSE:688479) 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, Yonyou Auto Information Technology (Shanghai) Co has a Sloan Ratio of 0.15%, indicating the company is in the safe zone and there is no funny business with accruals.


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Yonyou Auto Information Technology (Shanghai) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1288, Yecheng Road, Room 50138, Building 1, Jiading Industrial Zone, Shanghai, CHN, 200050
Yonyou Auto Information Technology (Shanghai) Co Ltd is In the field of automotive industry marketing and aftermarket services, it provides customers with related software products and services. The company is engaged in computer hardware and software and network equipment, products and system integration fields Technology development, technology transfer, technical service, technical consultation, and sales of electronic products.

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