UBXG Return On Tangible Assets from 2010 to 2024

UBXG Stock   3.81  0.13  3.30%   
U BX's Return On Tangible Assets are increasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at -0.04 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
(0.04)
Current Value
(0.04)
Quarterly Volatility
0.02478979
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check U BX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among U BX's main balance sheet or income statement drivers, such as Tax Provision of 119.2 K, Net Interest Income of 258.5 K or Interest Income of 272 K, as well as many indicators such as Price To Sales Ratio of 57.55, Dividend Yield of 0.0 or PTB Ratio of 194. UBXG financial statements analysis is a perfect complement when working with U BX Valuation or Volatility modules.
  
Check out the analysis of U BX Correlation against competitors.

Latest U BX's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of U BX Technology Ltd over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. U BX's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in U BX'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  

UBXG Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.03)
Geometric Mean0.03
Coefficient Of Variation(78.07)
Mean Deviation0.02
Median(0.04)
Standard Deviation0.02
Sample Variance0.0006
Range0.087
R-Value0.45
Mean Square Error0.0005
R-Squared0.20
Significance0.1
Slope0
Total Sum of Squares0.01

UBXG Return On Tangible Assets History

2024 -0.0424
2023 -0.0446
2022 0.0424
2021 -0.00214
2020 -0.003877

About U BX Financial Statements

U BX stakeholders use historical fundamental indicators, such as U BX's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although U BX investors may analyze each financial statement separately, they are all interrelated. For example, changes in U BX's assets and liabilities are reflected in the revenues and expenses on U BX'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 U BX Technology Ltd. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.04)(0.04)

Currently Active Assets on Macroaxis

When determining whether U BX Technology is a strong investment it is important to analyze U BX'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 U BX's future performance. For an informed investment choice regarding UBXG Stock, refer to the following important reports:
Check out the analysis of U BX Correlation against competitors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is IT Consulting & Other 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 U BX. If investors know UBXG 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 U BX 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
(0.88)
Earnings Share
(0.48)
Revenue Per Share
2.044
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.05)
The market value of U BX Technology is measured differently than its book value, which is the value of UBXG that is recorded on the company's balance sheet. Investors also form their own opinion of U BX's value that differs from its market value or its book value, called intrinsic value, which is U BX'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 U BX's market value can be influenced by many factors that don't directly affect U BX'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 U BX's value and its price as these two are different measures arrived at by different means. Investors typically determine if U BX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U BX'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.