JIADE Return On Assets from 2010 to 2024

JDZG Stock   0.64  0.01  0.78%   
JIADE LIMITED's Return On Assets are increasing over the last several years with slightly volatile swings. Return On Assets are predicted to flatten to 0.24. Return On Assets is a profitability ratio that indicates the percentage of profit JIADE LIMITED Common earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.37585783
Current Value
0.24
Quarterly Volatility
0.10644054
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JIADE LIMITED financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JIADE LIMITED's main balance sheet or income statement drivers, such as Tax Provision of 896.7 K, Interest Income of 1.3 K or Depreciation And Amortization of 223.9 K, as well as many indicators such as Price To Sales Ratio of 39.19, Dividend Yield of 0.0 or PTB Ratio of 34.52. JIADE financial statements analysis is a perfect complement when working with JIADE LIMITED Valuation or Volatility modules.
  
Check out the analysis of JIADE LIMITED Correlation against competitors.

Latest JIADE LIMITED's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of JIADE LIMITED Common over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. JIADE LIMITED's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JIADE LIMITED's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

JIADE Return On Assets Regression Statistics

Arithmetic Mean0.15
Geometric Mean0.13
Coefficient Of Variation71.94
Mean Deviation0.08
Median0.1
Standard Deviation0.11
Sample Variance0.01
Range0.3128
R-Value0.63
Mean Square Error0.01
R-Squared0.40
Significance0.01
Slope0.02
Total Sum of Squares0.16

JIADE Return On Assets History

2024 0.24
2023 0.38
2022 0.41

About JIADE LIMITED Financial Statements

JIADE LIMITED stakeholders use historical fundamental indicators, such as JIADE LIMITED's Return On Assets, to determine how well the company is positioned to perform in the future. Although JIADE LIMITED investors may analyze each financial statement separately, they are all interrelated. For example, changes in JIADE LIMITED's assets and liabilities are reflected in the revenues and expenses on JIADE LIMITED's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in JIADE LIMITED Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.38  0.24 

Currently Active Assets on Macroaxis

When determining whether JIADE LIMITED Common is a strong investment it is important to analyze JIADE LIMITED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JIADE LIMITED's future performance. For an informed investment choice regarding JIADE Stock, refer to the following important reports:
Check out the analysis of JIADE LIMITED Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JIADE LIMITED. If investors know JIADE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JIADE LIMITED listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of JIADE LIMITED Common is measured differently than its book value, which is the value of JIADE that is recorded on the company's balance sheet. Investors also form their own opinion of JIADE LIMITED's value that differs from its market value or its book value, called intrinsic value, which is JIADE LIMITED's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JIADE LIMITED's market value can be influenced by many factors that don't directly affect JIADE LIMITED's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JIADE LIMITED's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIADE LIMITED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIADE LIMITED's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.