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Hamaton Automotive Technology Co (SZSE:300643) Sloan Ratio % : 6.02% (As of Mar. 2025)


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What is Hamaton Automotive Technology 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.

Hamaton Automotive Technology Co's Sloan Ratio for the quarter that ended in Mar. 2025 was 6.02%.

As of Mar. 2025, Hamaton Automotive Technology Co has a Sloan Ratio of 6.02%, indicating the company is in the safe zone and there is no funny business with accruals.


Hamaton Automotive Technology Co Sloan Ratio % Historical Data

The historical data trend for Hamaton Automotive Technology 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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Hamaton Automotive Technology Co Sloan Ratio % Chart

Hamaton Automotive Technology 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 0.82 18.25 -2.26 3.95 2.34

Hamaton Automotive Technology 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 -7.43 -3.57 -6.12 2.34 6.02

Competitive Comparison of Hamaton Automotive Technology Co's Sloan Ratio %

For the Auto Manufacturers subindustry, Hamaton Automotive Technology 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.


Hamaton Automotive Technology Co's Sloan Ratio % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hamaton Automotive Technology Co's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Hamaton Automotive Technology Co's Sloan Ratio % falls into.


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Hamaton Automotive Technology 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.

Hamaton Automotive Technology 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 )
=(123.621-172.228
--82.956)/1466.795
=2.34%

Hamaton Automotive Technology 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 )
=(133.47-148.271
--104.867)/1495.407
=6.02%

Hamaton Automotive Technology Co's Net Income for the trailing twelve months (TTM) ended in Mar. 2025 was 33.434 (Jun. 2024 ) + 24.195 (Sep. 2024 ) + 38.906 (Dec. 2024 ) + 36.935 (Mar. 2025 ) = ¥133 Mil.
Hamaton Automotive Technology Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was 23.297 (Jun. 2024 ) + 52.108 (Sep. 2024 ) + 25.415 (Dec. 2024 ) + 47.451 (Mar. 2025 ) = ¥148 Mil.
Hamaton Automotive Technology Co's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2025 was -46.127 (Jun. 2024 ) + -28.279 (Sep. 2024 ) + -15.147 (Dec. 2024 ) + -15.314 (Mar. 2025 ) = ¥-105 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.


Hamaton Automotive Technology Co  (SZSE:300643) 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, Hamaton Automotive Technology Co has a Sloan Ratio of 6.02%, indicating the company is in the safe zone and there is no funny business with accruals.


Hamaton Automotive Technology Co Sloan Ratio % Related Terms

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Hamaton Automotive Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 122, Changda Road, Linping District, Zhejiang Provinc, Hangzhou, CHN, 311100
Hamaton Automotive Technology Co Ltd manufactures and supplies various products to automotive industry. The company is engaged in the development, production and sales of tire valves, tire pressure monitoring systems (TPMS) and related tools and accessories. Its products are mainly sold to Europe, North America, Australia and other regions.
Executives
Xu Jian Feng Supervisors
Hu Fen Hua Executives
Yang Fu Jin Director

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