Adagene Property Plant Equipment from 2010 to 2024

ADAG Stock  USD 2.45  0.03  1.24%   
Adagene's Property Plant Equipment is increasing over the last several years with slightly volatile swings. Property Plant Equipment is predicted to flatten to about 2.9 M. During the period from 2010 to 2024 Adagene Property Plant Equipment regressed destribution of quarterly values had coefficient of variationof  15.87 and r-value of  0.40. View All Fundamentals
 
Property Plant Equipment  
First Reported
2010-12-31
Previous Quarter
3.4 M
Current Value
2.9 M
Quarterly Volatility
419.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Adagene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adagene's main balance sheet or income statement drivers, such as Tax Provision of 1.8 M, Net Interest Income of 3.3 M or Interest Income of 4.5 M, as well as many indicators such as Price To Sales Ratio of 4.43, Dividend Yield of 0.0 or PTB Ratio of 1.26. Adagene financial statements analysis is a perfect complement when working with Adagene Valuation or Volatility modules.
  
Check out the analysis of Adagene Correlation against competitors.
For more detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.

Latest Adagene's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Adagene over the last few years. It is Adagene's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Adagene's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Adagene Property Plant Equipment Regression Statistics

Arithmetic Mean2,642,527
Geometric Mean2,611,985
Coefficient Of Variation15.87
Mean Deviation288,606
Median2,550,756
Standard Deviation419,490
Sample Variance176B
Range1.6M
R-Value0.40
Mean Square Error159.8B
R-Squared0.16
Significance0.14
Slope37,138
Total Sum of Squares2.5T

Adagene Property Plant Equipment History

20242.9 M
20233.4 M
2022M
20213.5 M
20202.1 M
20191.9 M

About Adagene Financial Statements

Adagene stakeholders use historical fundamental indicators, such as Adagene's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Adagene investors may analyze each financial statement separately, they are all interrelated. For example, changes in Adagene's assets and liabilities are reflected in the revenues and expenses on Adagene'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 Adagene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant Equipment3.4 M2.9 M

Currently Active Assets on Macroaxis

When determining whether Adagene is a strong investment it is important to analyze Adagene'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 Adagene's future performance. For an informed investment choice regarding Adagene Stock, refer to the following important reports:
Check out the analysis of Adagene Correlation against competitors.
For more detail on how to invest in Adagene Stock please use our How to Invest in Adagene guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology 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 Adagene. If investors know Adagene 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 Adagene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.72)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.85)
Return On Assets
(0.20)
Return On Equity
(0.46)
The market value of Adagene is measured differently than its book value, which is the value of Adagene that is recorded on the company's balance sheet. Investors also form their own opinion of Adagene's value that differs from its market value or its book value, called intrinsic value, which is Adagene'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 Adagene's market value can be influenced by many factors that don't directly affect Adagene'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 Adagene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adagene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adagene'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.