Senmiao Return On Equity from 2010 to 2024

AIHS Stock  USD 0.93  0.04  4.12%   
Senmiao Technology Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity will likely drop to -0.45 in 2024. Return On Equity is a measure of the profitability of Senmiao Technology in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.43)
Current Value
(0.45)
Quarterly Volatility
0.75015342
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Senmiao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Senmiao Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 10.8 M, Depreciation And Amortization of 11.9 M or Interest Expense of 16.7 K, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0 or PTB Ratio of 0.8. Senmiao financial statements analysis is a perfect complement when working with Senmiao Technology Valuation or Volatility modules.
  
Check out the analysis of Senmiao Technology Correlation against competitors.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.

Latest Senmiao Technology's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Senmiao Technology over the last few years. Return on Equity is the amount of Senmiao Technology net income returned as a percentage of Senmiao Technology equity. Return on equity measures Senmiao Technology profitability by revealing how much profit Senmiao Technology generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Senmiao Technology's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Senmiao Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -0.8210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Senmiao Return On Equity Regression Statistics

Arithmetic Mean(0.58)
Coefficient Of Variation(130.36)
Mean Deviation0.57
Median(0.43)
Standard Deviation0.75
Sample Variance0.56
Range2.15
R-Value(0.47)
Mean Square Error0.47
R-Squared0.22
Significance0.08
Slope(0.08)
Total Sum of Squares7.88

Senmiao Return On Equity History

2024 -0.45
2023 -0.43
2022 -0.71
2021 -0.69
2020 -2.15
2019 -1.55
2018 -0.54

About Senmiao Technology Financial Statements

Senmiao Technology shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Senmiao Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Senmiao Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Senmiao Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity(0.43)(0.45)

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Additional Tools for Senmiao Stock Analysis

When running Senmiao Technology's price analysis, check to measure Senmiao Technology'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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.