Taoping Return On Tangible Assets from 2010 to 2024

TAOP Stock  USD 1.06  0.04  3.64%   
Taoping Return On Tangible Assets yearly trend continues to be relatively stable with very little volatility. Return On Tangible Assets are likely to drop to -0.02. 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
(0.02)
Current Value
(0.02)
Quarterly Volatility
0.35560104
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taoping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taoping main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 M, Interest Expense of 551.6 K or Selling General Administrative of 5.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0681, Dividend Yield of 8.0E-4 or PTB Ratio of 0.21. Taoping financial statements analysis is a perfect complement when working with Taoping Valuation or Volatility modules.
  
This module can also supplement various Taoping Technical models . Check out the analysis of Taoping Correlation against competitors.
To learn how to invest in Taoping Stock, please use our How to Invest in Taoping guide.

Latest Taoping's Return On Tangible Assets Growth Pattern

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

Taoping Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.16)
Coefficient Of Variation(224.29)
Mean Deviation0.25
Median(0.09)
Standard Deviation0.36
Sample Variance0.13
Range1.4791
R-Value(0.08)
Mean Square Error0.14
R-Squared0.01
Significance0.77
Slope(0.01)
Total Sum of Squares1.77

Taoping Return On Tangible Assets History

2024 -0.0229
2023 -0.0218
2022 -0.0213
2021 -0.22
2020 -0.69
2019 -0.0885
2018 0.0407

About Taoping Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Taoping income statement, its balance sheet, and the statement of cash flows. Taoping investors use historical funamental indicators, such as Taoping's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Taoping investors may use each financial statement separately, they are all related. The changes in Taoping's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Taoping's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Taoping Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Taoping. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.02)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Taoping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Taoping's short interest history, or implied volatility extrapolated from Taoping options trading.

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When determining whether Taoping is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taoping Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taoping Stock. Highlighted below are key reports to facilitate an investment decision about Taoping Stock:
Check out the analysis of Taoping Correlation against competitors.
To learn how to invest in Taoping Stock, please use our How to Invest in Taoping guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Taoping's price analysis, check to measure Taoping'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 Taoping is operating at the current time. Most of Taoping's value examination focuses on studying past and present price action to predict the probability of Taoping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taoping's price. Additionally, you may evaluate how the addition of Taoping to your portfolios can decrease your overall portfolio volatility.
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Is Taoping's industry 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 Taoping. If investors know Taoping 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 Taoping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
19.928
Quarterly Revenue Growth
0.45
Return On Assets
(0)
Return On Equity
(0.02)
The market value of Taoping is measured differently than its book value, which is the value of Taoping that is recorded on the company's balance sheet. Investors also form their own opinion of Taoping's value that differs from its market value or its book value, called intrinsic value, which is Taoping'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 Taoping's market value can be influenced by many factors that don't directly affect Taoping'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 Taoping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Taoping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taoping'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.