Quarter-on-quarter growth rate of parent company's shareholders' equity (single quarter)
factor.formula
Quarter-on-quarter growth rate of parent company's shareholders' equity (single quarter):
Formula Description:
- :
Equity attributable to shareholders of the parent company for the most recent reporting period (single quarter).
- :
Equity attributable to shareholders of the parent company for the previous reporting period (single quarter).
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The absolute value of the equity attributable to the parent company in the previous reporting period (single quarter). Using the absolute value as the denominator avoids the situation where the denominator is negative or zero, making the calculation of the growth rate more stable and reasonable.
factor.explanation
This factor measures the quarter-on-quarter growth rate of equity attributable to the parent company's shareholders in a company. This indicator is designed to assess the company's ability to grow its equity capital in the short term. By calculating the change ratio of equity attributable to the parent company's shareholders for two consecutive quarters, the company's expansion or contraction in equity capital in the short term can be analyzed. Selecting single-quarter data for quarter-on-quarter calculations can more promptly reflect the company's recent operating conditions and growth trends. Compared with year-on-year growth, quarter-on-quarter data is more sensitive to short-term changes. The larger the absolute value of this indicator, the more significant the growth of the company's equity capital, and vice versa, it may indicate a decline in the company's equity capital.