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Cat9 Group (Cat9 Group) Sloan Ratio % : 0.00% (As of Sep. 2021)


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What is Cat9 Group Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Cat9 Group's Sloan Ratio for the quarter that ended in Sep. 2021 was 0.00%.

As of Sep. 2021, Cat9 Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cat9 Group Sloan Ratio % Historical Data

The historical data trend for Cat9 Group's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cat9 Group Sloan Ratio % Chart

Cat9 Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial -87.83 -24.56 18.10 -16.83 8.69

Cat9 Group Quarterly Data
Dec15 Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Cat9 Group's Sloan Ratio %

For the Farm Products subindustry, Cat9 Group's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cat9 Group's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cat9 Group's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Cat9 Group's Sloan Ratio % falls into.



Cat9 Group Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Cat9 Group's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(-0.373--0.412
--0.006)/0.518
=8.69%

Cat9 Group's Sloan Ratio for the quarter that ended in Sep. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2021 )
=(0.222-0.312
-0)/0.903
=-9.97%

Cat9 Group's Net Income for the trailing twelve months (TTM) ended in Sep. 2021 was 0.26 (Dec. 2020 ) + 0.028 (Mar. 2021 ) + 0.205 (Jun. 2021 ) + -0.271 (Sep. 2021 ) = $0.22 Mil.
Cat9 Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2021 was -0.079 (Dec. 2020 ) + 0.072 (Mar. 2021 ) + 0.379 (Jun. 2021 ) + -0.06 (Sep. 2021 ) = $0.31 Mil.
Cat9 Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2021 was 0 (Dec. 2020 ) + 0 (Mar. 2021 ) + 0 (Jun. 2021 ) + 0 (Sep. 2021 ) = $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cat9 Group  (OTCPK:CATN) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Sep. 2021, Cat9 Group has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Cat9 Group Sloan Ratio % Related Terms

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Cat9 Group (Cat9 Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 387, Tianren Road, Room 2001, Dading Century Square, Wuhou District, Sichuan Province, Chengdu, CHN, 610000
Cat9 Group Inc is engaged in the acquisition of land for the planting of Acer Truncatum trees and harvesting of Acer Truncatum seeds to produce edible oil. Its products include Acer truncatum seed oil) and Acer truncatum (capsules).
Executives
Liangqin Yi 10 percent owner, officer: CFO and Secretary 3-2-1404, CHANGCHENG NANYUAN, NO. 319, TIANHE WEST 2ND STREET, HI-TECH ZONE CHENGDU CITY, SICHUAN PROVINCE F4 610000
Wenfa Simon Sun director, 10 percent owner, officer: President, CEO & Chairman ROOM 2001, DADING CENTURY SQUARE NO. 387 TIANREN ROAD, WUHOU DISTRICT CHENGDU F4 610000
Qian Sanya Meihong 10 percent owner, officer: CFO and Secretary CHONGQING BANAN DISTRICT YUDONG YINGDAN PLAZA 63-3 CHONGQING F4 401320
Suyun Cao officer: CFO and Secretary ROOM 2001, DADING CENTURY SQUARE, NO. 38 TIANREN ROAD, WUHOU DISTRICT, CHENGDU SICHUAN PROVINCE F4 610000
Guofu Industry Development Ltd 10 percent owner 12/F SAN TOI BUILDING 137-139 CONNAUGHT ROAD CENTRAL HONG KONG K3 999077
Richard Chiang other: Previous Officer and Director 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Chongqing Field Industrial Co Ltd. 10 percent owner CHONGQING BANAN DISTRICT YUDONG YINGDAN PLAZA 63-3 CHONGQING F4 401320

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