Altech Batteries Stock

Altech Batteries ROA 2024

Altech Batteries ROA

-1.33

Ticker

ATC.AX

ISIN

AU000000ATC9

WKN

A12E90

In 2024, Altech Batteries's return on assets (ROA) was -1.33, a 2,184.86% increase from the -0.06 ROA in the previous year.

Altech Batteries Aktienanalyse

What does Altech Batteries do?

Altech Chemicals Ltd is an Australian company specializing in the production and marketing of high-purity aluminium oxide (HPA). It was founded in 2007 by Iggy Tan and is headquartered in Perth. The company's history began with the idea of developing a new innovative process for HPA production. It utilized a process called "aluminothermy," where aluminium powder and aluminium hydroxide are mixed in a special reactor and cured through controlled combustion. This results in pure aluminium oxide, used in various applications in the electronics, automotive, aerospace industries, as well as in LED lamp production and ceramics manufacturing. Altech Chemicals has been listed on the stock exchange since 2014 and has performed multiple capital raisings to finance its growth strategy. Leading institutional investors and funds are among its shareholders. The business model relies on the production and processing of high-purity aluminium oxide. The company has a vertically integrated value chain, covering the entire process from raw material extraction to refining and marketing the end product. It operates its own bauxite mine in Meckering, Western Australia, where the raw material for HPA production is obtained. The HPA production itself takes place in a factory in Johor Bahru, Malaysia, with a capacity of 4,500 tons per year. The company is divided into several divisions, specializing in the distribution of HPA products for various applications. The main sectors include electronics, automotive, aerospace, and lighting industries. Altech Chemicals has earned a reputation as a reliable supplier for the electronics industry by producing high-purity aluminium oxide for applications with the most stringent quality requirements. The products of Altech Chemicals include high-purity aluminium oxide for optoelectronic applications such as LED lamps, ceramic components for the same applications, as well as for the automotive, aerospace, and lithium nickel cobalt manganese oxide industries. The latter is a crucial component in lithium-ion batteries used in electric vehicles and energy storage applications. In recent years, Altech Chemicals has also developed innovative applications for its HPA products. The company works closely with customers and partners to develop and produce tailored solutions for specific applications. For example, Altech Chemicals has developed a product for use in GaN-LED manufacturing that reduces costs and shortens production time. The company intends to continue investing in research and development to explore new applications for its products and strengthen its competitiveness. In summary, Altech Chemicals Ltd is a dynamic and innovative company specializing in the production and marketing of high-purity aluminium oxide. It has a vertically integrated value chain and the capability to manufacture highly precise products for various applications. Altech Chemicals also plans to continue investing in research and development to deliver customized solutions to meet customer requirements and drive its growth strategy. Altech Batteries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Altech Batteries's Return on Assets (ROA)

Altech Batteries's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Altech Batteries's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Altech Batteries's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Altech Batteries’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Altech Batteries stock

What is the Return on Assets (ROA) of Altech Batteries this year?

The Return on Assets (ROA) of Altech Batteries is -1.33 undefined this year.

What was the ROA of Altech Batteries compared to the previous year?

The ROA of Altech Batteries has increased by 2,184.86% compared to the previous year.

What consequences do high ROA have for investors of Altech Batteries?

A high ROA is advantageous for investors of Altech Batteries, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Altech Batteries?

A low ROA can be unfavorable for investors of Altech Batteries as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Altech Batteries affect the company?

An increase in ROA of Altech Batteries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Altech Batteries impact the company?

A reduction in the ROA of Altech Batteries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Altech Batteries?

Some factors that can influence the ROA of Altech Batteries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Altech Batteries important for investors?

The ROA of Altech Batteries is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Altech Batteries take to improve ROA?

To improve ROA, Altech Batteries can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Altech Batteries pay?

Over the past 12 months, Altech Batteries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Altech Batteries is expected to pay a dividend of 0 AUD.

What is the dividend yield of Altech Batteries?

The current dividend yield of Altech Batteries is .

When does Altech Batteries pay dividends?

Altech Batteries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Altech Batteries?

Altech Batteries paid dividends every year for the past 0 years.

What is the dividend of Altech Batteries?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Altech Batteries located?

Altech Batteries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Altech Batteries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altech Batteries from 10/3/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Altech Batteries pay the last dividend?

The last dividend was paid out on 10/3/2024.

What was the dividend of Altech Batteries in the year 2023?

In the year 2023, Altech Batteries distributed 0 AUD as dividends.

In which currency does Altech Batteries pay out the dividend?

The dividends of Altech Batteries are distributed in AUD.

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Andere Kennzahlen von Altech Batteries

Our stock analysis for Altech Batteries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altech Batteries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.