An Gia Real Estate Investment And Development (STC:AGG) Sloan Ratio % : 10.68% (As of Mar. 2024)

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What is An Gia Real Estate Investment And Development 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.

An Gia Real Estate Investment And Development's Sloan Ratio for the quarter that ended in Mar. 2024 was 10.68%.

As of Mar. 2024, An Gia Real Estate Investment And Development has a Sloan Ratio of 10.68%, indicating there is a warning stage of accrual build up.

An Gia Real Estate Investment And Development Sloan Ratio % Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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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An Gia Real Estate Investment And Development Sloan Ratio % Chart

An Gia Real Estate Investment And Development Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Sloan Ratio %

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7.94

6.21

-0.62

-12.12

-1.93

An Gia Real Estate Investment And Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Sloan Ratio %	Get a 7-Day Free Trial															-12.86	2.78	2.74	-1.93	10.68

Competitive Comparison of An Gia Real Estate Investment And Development's Sloan Ratio %

For the Real Estate - Diversified subindustry, An Gia Real Estate Investment And Development'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.

An Gia Real Estate Investment And Development's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, An Gia Real Estate Investment And Development's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where An Gia Real Estate Investment And Development's Sloan Ratio % falls into.

An Gia Real Estate Investment And Development 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.

An Gia Real Estate Investment And Development'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 )
	=	(175358.105	-	120747.496
	-	234395.27)	/	9293398.077
	=	-1.93%

An Gia Real Estate Investment And Development's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Mar. 2024 )
	=	(371026.165	-	611572.952
	-	-1146152.459)	/	8481657.84
	=	10.68%

An Gia Real Estate Investment And Development's Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was 76386.497 (Jun. 2023 ) + 53697.894 (Sep. 2023 ) + 40650.744 (Dec. 2023 ) + 200291.03 (Mar. 2024 ) = ₫371,026 Mil.
An Gia Real Estate Investment And Development's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2024 was -444922.212 (Jun. 2023 ) + 144892.72 (Sep. 2023 ) + 953262.948 (Dec. 2023 ) + -41660.504 (Mar. 2024 ) = ₫611,573 Mil.
An Gia Real Estate Investment And Development's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024 was -150432.756 (Jun. 2023 ) + -3844.018 (Sep. 2023 ) + -354358.889 (Dec. 2023 ) + -637516.796 (Mar. 2024 ) = ₫-1,146,152 Mil.

An Gia Real Estate Investment And Development (STC:AGG) 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. 2024, An Gia Real Estate Investment And Development has a Sloan Ratio of 10.68%, indicating there is a warning stage of accrual build up.

An Gia Real Estate Investment And Development Sloan Ratio % Related Terms

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An Gia Real Estate Investment And Development (STC:AGG) Business Description

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Address

30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

https://www.angia.com.vn

An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.