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Shenzhen Longood Intelligent Electric Co (SZSE:300543) Sloan Ratio % : 1.13% (As of Mar. 2025)


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What is Shenzhen Longood Intelligent 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 Longood Intelligent Electric Co's Sloan Ratio for the quarter that ended in Mar. 2025 was 1.13%.

As of Mar. 2025, Shenzhen Longood Intelligent Electric Co has a Sloan Ratio of 1.13%, indicating the company is in the safe zone and there is no funny business with accruals.


Shenzhen Longood Intelligent Electric Co Sloan Ratio % Historical Data

The historical data trend for Shenzhen Longood Intelligent 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 Longood Intelligent Electric Co Sloan Ratio % Chart

Shenzhen Longood Intelligent 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 -6.81 30.04 -8.73 -3.87 7.87

Shenzhen Longood Intelligent 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 8.63 -9.89 -0.10 7.87 1.13

Competitive Comparison of Shenzhen Longood Intelligent Electric Co's Sloan Ratio %

For the Electrical Equipment & Parts subindustry, Shenzhen Longood Intelligent 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 Longood Intelligent Electric Co's Sloan Ratio % Distribution in the Industrial Products Industry

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

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


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Shenzhen Longood Intelligent 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 Longood Intelligent 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 )
=(51.706--3.872
--116.499)/2187.875
=7.87%

Shenzhen Longood Intelligent 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 )
=(52.949-141.271
--111.52)/2054.944
=1.13%

Shenzhen Longood Intelligent Electric Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 25.169 (Jun. 2024 ) + 11.921 (Sep. 2024 ) + 5.879 (Dec. 2024 ) + 9.98 (Mar. 2025 ) = ¥53 Mil.
Shenzhen Longood Intelligent Electric Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was 48.306 (Jun. 2024 ) + 8.128 (Sep. 2024 ) + -10.24 (Dec. 2024 ) + 95.077 (Mar. 2025 ) = ¥141 Mil.
Shenzhen Longood Intelligent Electric Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was 5.291 (Jun. 2024 ) + 3.963 (Sep. 2024 ) + -87.588 (Dec. 2024 ) + -33.186 (Mar. 2025 ) = ¥-112 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 Longood Intelligent Electric Co  (SZSE:300543) 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 Longood Intelligent Electric Co has a Sloan Ratio of 1.13%, indicating the company is in the safe zone and there is no funny business with accruals.


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Shenzhen Longood Intelligent Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Honglang North 2nd Road, Xingdong Community, Xin'an Street, Room 1701, Building 1, Xinyi Lingyu R&D Center, Block 69, Baoan District, Guangdong Province, Shenzhen, CHN, 518133
Shenzhen Longood Intelligent Electric Co Ltd is mainly engaged in the research and development, production, sales and service of intelligent control, intelligent power supply and new energy based on application electronic technology. Its products are widely used in smart home appliances, power tools, lithium battery management, LED lighting, HID lighting, motor systems and New energy and other fields.
Executives
Chu Qing Song Supervisors
Xiao Ling Directors, executives
Zhou Pan Pan Supervisors
Sun Ze Ying Supervisors
Pan Sheng Wang Director
Song Zhi Huan Independent director
Chen Jing Directors, executives
Yang Xiong Executives
Wu Xiao Cheng Directors, Directors, and Executives

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