TuanChe Inventory from 2010 to 2024

TC Stock  USD 0.86  0.10  10.42%   
TuanChe ADR's Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to 0.95. During the period from 2010 to 2024 TuanChe ADR Inventory annual values regression line had geometric mean of  260.18 and mean square error of 259.6 T. View All Fundamentals
 
Inventory  
First Reported
2017-12-31
Previous Quarter
1
Current Value
1
Quarterly Volatility
20.7 M
 
Covid
Check TuanChe ADR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TuanChe ADR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 682.8 K or Selling General Administrative of 71.7 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0 or PTB Ratio of 2.07. TuanChe financial statements analysis is a perfect complement when working with TuanChe ADR Valuation or Volatility modules.
  
Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.

Latest TuanChe ADR's Inventory Growth Pattern

Below is the plot of the Inventory of TuanChe ADR over the last few years. It is TuanChe ADR's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TuanChe ADR's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

TuanChe Inventory Regression Statistics

Arithmetic Mean9,479,334
Geometric Mean260.18
Coefficient Of Variation185.01
Mean Deviation13,699,155
Median1.00
Standard Deviation17,537,761
Sample Variance307.6T
Range56.6M
R-Value0.47
Mean Square Error259.6T
R-Squared0.22
Significance0.08
Slope1,823,957
Total Sum of Squares4306T

TuanChe Inventory History

2024 0.95
202256.6 M
202133.8 M
202029.8 M
20191.5 M
201720.4 M

Other Fundumenentals of TuanChe ADR

About TuanChe ADR Financial Statements

TuanChe ADR stakeholders use historical fundamental indicators, such as TuanChe ADR's Inventory, to determine how well the company is positioned to perform in the future. Although TuanChe ADR investors may analyze each financial statement separately, they are all interrelated. For example, changes in TuanChe ADR's assets and liabilities are reflected in the revenues and expenses on TuanChe ADR'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 TuanChe ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory 1.00  0.95 
Change To Inventory-32 M-30.4 M
Average Inventory 0.45  0.40 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Interactive Media & 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 TuanChe ADR. If investors know TuanChe 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 TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.28)
Revenue Per Share
58.91
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.52)
Return On Equity
(3.08)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR'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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR'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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR'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.