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SRRE (Sunrise Real Estate Group) Sloan Ratio % : -2.76% (As of Sep. 2024)


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What is Sunrise Real Estate 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.

Sunrise Real Estate Group's Sloan Ratio for the quarter that ended in Sep. 2024 was -2.76%.

As of Sep. 2024, Sunrise Real Estate Group has a Sloan Ratio of -2.76%, indicating the company is in the safe zone and there is no funny business with accruals.


Sunrise Real Estate Group Sloan Ratio % Historical Data

The historical data trend for Sunrise Real Estate 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.

* Premium members only.

Sunrise Real Estate Group Sloan Ratio % Chart

Sunrise Real Estate Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.60 -14.03 7.07 1.14 4.68

Sunrise Real Estate Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -7.29 4.68 5.73 -5.94 -2.76

Competitive Comparison of Sunrise Real Estate Group's Sloan Ratio %

For the Real Estate - Development subindustry, Sunrise Real Estate 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.


Sunrise Real Estate Group's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunrise Real Estate Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Sunrise Real Estate Group's Sloan Ratio % falls into.



Sunrise Real Estate 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.

Sunrise Real Estate Group's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(-10.131--4.059
--15.805)/207.875
=4.68%

Sunrise Real Estate Group's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-12.392-4.362
--11.34)/195.837
=-2.76%

Sunrise Real Estate Group's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -7.915 (Dec. 2023 ) + -4.007 (Mar. 2024 ) + -3.6 (Jun. 2024 ) + 3.13 (Sep. 2024 ) = $-12.39 Mil.
Sunrise Real Estate Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 9.504 (Dec. 2023 ) + -3.516 (Mar. 2024 ) + -0.622 (Jun. 2024 ) + -1.004 (Sep. 2024 ) = $4.36 Mil.
Sunrise Real Estate Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -18.595 (Dec. 2023 ) + 4.57 (Mar. 2024 ) + 4.366 (Jun. 2024 ) + -1.681 (Sep. 2024 ) = $-11.34 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.


Sunrise Real Estate Group  (OTCPK:SRRE) 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 Sep. 2024, Sunrise Real Estate Group has a Sloan Ratio of -2.76%, indicating the company is in the safe zone and there is no funny business with accruals.


Sunrise Real Estate Group Sloan Ratio % Related Terms

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Sunrise Real Estate Group Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Panlong Road, Shanghai, CHN, 201702
Sunrise Real Estate Group Inc is engaged in the provision of real estate development and property brokerage services. The provided services include real estate marketing services, property leasing services, and property management services in the People's Republic of China. The operating segments of the company are Property brokerage services, Real estate development, Investment transaction, and Others. It generates maximum revenue from the Real estate development segment.
Executives
Ace Develop Properties Limited 10 percent owner, other: President and CEO P.O. BOX 957, OFFSHORE INCORPORATED CENTER ROAD TOWN, TORTOLA D8 XXXXX
Chao Chin Lin director, 10 percent owner, officer: Senior Vice President FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Robert Lin Investment Inc 10 percent owner NO 333 FLOOR 7, ZHAOJIABANG ROAD, SHANGHAI F4 20032
Wen Yan Wang officer: Chief Financial Officer SUITE 701 NO 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Chi Jung Lin officer: CHIEF EXECUTIVE OFFICER FLOOR 7, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Hsin Hung Lin director SUITE 701, NO. 333, ZHAOJIABANG ROAD, SHANGHAI F4 200032
Xi Zhang director 240 BEIJING E. ROAD, SHANGHAI F4 200002
Ardavazt Honanyan officer: Chief Financial Officer SUITE 701, 333 ZHAOJIABANG RD., SHAGHAI F4 200032
Ren Chen director 27/F GANGTAI PLAZA, NO. 700, YANAN E. ROAD, SHANGHAI F4 200001
Xuan Jie Fu director FLOOR 5, JIN YAN BUILDING, NO. 8, ZHONGSHAN E. NO. 2 ROAD, SHANGHAI F4 200002
Xiao Gang Li director NO. 7, LANE 622, HUAI HAI M. ROAD, SHANGHAI F4 200020
Yarek Bartosz director, 10 percent owner, officer: President 9521 21ST ST SE, CALGARY ALBERTA CANA A0 999999999
Olympus Investment Corp 10 percent owner 11F NO 249 SECTION 1, FUSHING SOUTH ROAD, TAIPEI F5 000000

Sunrise Real Estate Group Headlines

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