YY Fixed Asset Turnover from 2010 to 2024

YY Stock  USD 33.82  1.61  5.00%   
YY Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, YY Fixed Asset Turnover regression line of annual values had r-squared of  0.04 and arithmetic mean of  9.16. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.38873338
Current Value
10.01
Quarterly Volatility
3.8830502
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check YY financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among YY main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.1 M, Interest Expense of 15.5 M or Selling General Administrative of 97.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0286 or PTB Ratio of 0.48. YY financial statements analysis is a perfect complement when working with YY Valuation or Volatility modules.
  
This module can also supplement YY's financial leverage analysis and stock options assessment as well as various YY Technical models . Check out the analysis of YY Correlation against competitors.

Latest YY's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of YY Inc Class over the last few years. It is YY's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in YY's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

YY Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.16
Geometric Mean8.47
Coefficient Of Variation42.38
Mean Deviation3.04
Median9.08
Standard Deviation3.88
Sample Variance15.08
Range12.9753
R-Value(0.20)
Mean Square Error15.56
R-Squared0.04
Significance0.46
Slope(0.18)
Total Sum of Squares211.09

YY Fixed Asset Turnover History

2024 10.01
2023 5.39
2022 6.41
2021 6.86
2020 4.79
2019 10.1
2018 12.16

About YY Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include YY income statement, its balance sheet, and the statement of cash flows. YY investors use historical funamental indicators, such as YY's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although YY investors may use each financial statement separately, they are all related. The changes in YY's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on YY's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on YY Financial Statements. Understanding these patterns can help to make the right decision on long term investment in YY. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.39  10.01 

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When determining whether YY Inc Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yy Inc Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yy Inc Class Stock:
Check out the analysis of YY Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for YY Stock analysis

When running YY's price analysis, check to measure YY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.
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Is YY's industry 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 YY. If investors know YY 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 YY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Earnings Share
4.8
Revenue Per Share
34.658
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0025
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY'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 YY's market value can be influenced by many factors that don't directly affect YY'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 YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY'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.