TravelSky Financial Statements From 2010 to 2024
| TSYHF Stock | USD 1.30 0.14 9.72% |
Check TravelSky Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TravelSky Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . TravelSky financial statements analysis is a perfect complement when working with TravelSky Technology Valuation or Volatility modules.
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TravelSky Technology Limited Company Return On Equity Analysis
TravelSky Technology's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TravelSky Technology Return On Equity | 0.0401 |
Most of TravelSky Technology's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TravelSky Technology Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, TravelSky Technology Limited has a Return On Equity of 0.0401. This is 100.33% lower than that of the Technology sector and 99.13% lower than that of the Information Technology Services industry. The return on equity for all United States stocks is 112.94% lower than that of the firm.
TravelSky Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TravelSky Technology's current stock value. Our valuation model uses many indicators to compare TravelSky Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TravelSky Technology competition to find correlations between indicators driving TravelSky Technology's intrinsic value. More Info.TravelSky Technology Limited is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TravelSky Technology Limited is roughly 2.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TravelSky Technology's earnings, one of the primary drivers of an investment's value.About TravelSky Technology Financial Statements
TravelSky Technology stakeholders use historical fundamental indicators, such as TravelSky Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although TravelSky Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in TravelSky Technology's assets and liabilities are reflected in the revenues and expenses on TravelSky Technology'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 TravelSky Technology Limited. Please read more on our technical analysis and fundamental analysis pages.
TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industry in the Peoples Republic of China. TravelSky Technology Limited was founded in 1979 and is based in Beijing, the Peoples Republic of China. TRAVELSKY TECHNOLOGY operates under Information Technology Services classification in the United States and is traded on OTC Exchange. It employs 6516 people.
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Other Information on Investing in TravelSky Pink Sheet
TravelSky Technology financial ratios help investors to determine whether TravelSky Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TravelSky with respect to the benefits of owning TravelSky Technology security.