Futuretech Return On Tangible Assets from 2010 to 2024

FTII Stock  USD 11.10  0.05  0.45%   
Futuretech's Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are estimated to finish at 0.05 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.04637797
Current Value
0.0487
Quarterly Volatility
0.01773753
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Futuretech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Futuretech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 805.8 K or Selling General Administrative of 905.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.31. Futuretech financial statements analysis is a perfect complement when working with Futuretech Valuation or Volatility modules.
  
Check out the analysis of Futuretech Correlation against competitors.

Latest Futuretech's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Futuretech II Acquisition over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Futuretech's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Futuretech's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Futuretech Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation418.89
Mean Deviation0.01
Median(0)
Standard Deviation0.02
Sample Variance0.0003
Range0.0518
R-Value0.63
Mean Square Error0.0002
R-Squared0.40
Significance0.01
Slope0
Total Sum of Squares0

Futuretech Return On Tangible Assets History

2024 0.0487
2023 0.0464
2022 0.005859

About Futuretech Financial Statements

Investors use fundamental indicators, such as Futuretech's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Futuretech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 

Currently Active Assets on Macroaxis

When determining whether Futuretech II Acquisition is a strong investment it is important to analyze Futuretech'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 Futuretech's future performance. For an informed investment choice regarding Futuretech Stock, refer to the following important reports:
Check out the analysis of Futuretech Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Asset Management & Custody Banks 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 Futuretech. If investors know Futuretech 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 Futuretech 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
(0.68)
Earnings Share
0.32
Return On Assets
(0.01)
The market value of Futuretech II Acquisition is measured differently than its book value, which is the value of Futuretech that is recorded on the company's balance sheet. Investors also form their own opinion of Futuretech's value that differs from its market value or its book value, called intrinsic value, which is Futuretech'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 Futuretech's market value can be influenced by many factors that don't directly affect Futuretech'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 Futuretech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Futuretech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futuretech'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.