Agape Return On Equity from 2010 to 2024

ATPC Stock   1.59  0.05  3.25%   
Agape ATP's Return On Equity is decreasing over the years with slightly volatile fluctuation. Overall, Return On Equity is projected to go to -0.46 this year. Return On Equity is a measure of the profitability of Agape ATP 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
(0.48)
Current Value
(0.46)
Quarterly Volatility
6.26737002
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Agape ATP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Agape ATP's main balance sheet or income statement drivers, such as Selling And Marketing Expenses of 589.2 K, Other Operating Expenses of 2.4 M or Total Operating Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 32.21, Dividend Yield of 0.0 or PTB Ratio of 11.66. Agape financial statements analysis is a perfect complement when working with Agape ATP Valuation or Volatility modules.
  
Check out the analysis of Agape ATP Correlation against competitors.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.

Latest Agape ATP's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Agape ATP over the last few years. Return on Equity is the amount of Agape ATP net income returned as a percentage of Agape ATP equity. Return on equity measures Agape ATP profitability by revealing how much profit Agape ATP 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. Agape ATP's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Agape ATP's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.2210 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Agape Return On Equity Regression Statistics

Arithmetic Mean4.60
Geometric Mean0.95
Coefficient Of Variation136.33
Mean Deviation5.93
Median(0.03)
Standard Deviation6.27
Sample Variance39.28
Range13.0988
R-Value(0.86)
Mean Square Error10.73
R-Squared0.75
Significance0.000033
Slope(1.21)
Total Sum of Squares549.92

Agape Return On Equity History

2024 -0.46
2023 -0.48
2022 -1.09
2021 -0.76
2020 0.0599
2019 -0.16
2018 -0.11

About Agape ATP Financial Statements

Agape ATP stakeholders use historical fundamental indicators, such as Agape ATP's Return On Equity, to determine how well the company is positioned to perform in the future. Although Agape ATP investors may analyze each financial statement separately, they are all interrelated. For example, changes in Agape ATP's assets and liabilities are reflected in the revenues and expenses on Agape ATP'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 Agape ATP. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(0.48)(0.46)

Also Currently Popular

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.
When determining whether Agape ATP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agape ATP'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 Agape Atp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agape Atp Stock:
Check out the analysis of Agape ATP Correlation against competitors.
For information on how to trade Agape Stock refer to our How to Trade Agape Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Providers & 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 Agape ATP. If investors know Agape 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 Agape ATP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.73)
Revenue Per Share
0.36
Quarterly Revenue Growth
0.03
Return On Assets
(0.51)
Return On Equity
(1.22)
The market value of Agape ATP is measured differently than its book value, which is the value of Agape that is recorded on the company's balance sheet. Investors also form their own opinion of Agape ATP's value that differs from its market value or its book value, called intrinsic value, which is Agape ATP'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 Agape ATP's market value can be influenced by many factors that don't directly affect Agape ATP'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 Agape ATP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agape ATP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agape ATP'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.